NOT LISTED FOR SALE

8 Silvermine Ave Unit 3 Norwalk, CT 06850

Broad River Neighborhood

Estimated Value: $419,611 - $466,000

2 Beds
1.5 Baths
1,050 Sq Ft
$367/mo HOA Fee

Last Sold August 28, 2020

Last sale price $295,000 $281 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,155/month

63 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • End Unit
  • Property is near public transit
  • Partially Wooded Lot
  • 3-minute walk to Broad River Park

About This Home

As of August 2020

Best Location in this Quiet Well Maintained Complex. Sunny and Bright 2 Bedroom Upper End Unit. Living Room and Dining area with slider to Deck overlooking the river. The Kitchen is well appointed with granite counters, stainless appliances, disposal and plenty of cabinetry for storage. Some of the recent updates include the Newly refinished Hardwood Flooring throughout, all freshly painted in a neutral palette, New HVAC (2017), NEST Thermostat, New Dishwasher (2019), and Newer in unit HE Washer/Dryer (2018). There is private and secure storage for each unit located in the basement. Assigned Parking as well as plenty of visitor spots. Great commuting location with quick access to I95, Merritt Parkway and Metro North.

Last Agent to Sell the Property

Peri Bartro

Compass Connecticut, LLC License #RES.0758031 Listed on: 06/24/2020

Compass Connecticut, LLC

Last Buyer's Agent

Linda Russell

Keller Williams Prestige Prop. License #RES.0802514

Keller Williams Prestige Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 1976

Lot Details

  • River Front
  • End Unit
  • Partially Wooded Lot

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • 1,050 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Wood Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Shared Basement
  • Basement Storage

Home Security

  • Home Security System
  • Smart Thermostat

Outdoor Features

  • Walking Distance to Water

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Silvermine Elementary School
  • West Rocks Middle School
  • Norwalk High School

Utilities

  • Central Air
  • Programmable Thermostat
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, road maintenance, flood insurance
  • 26 Units
  • Silvermine Riverfront Community
  • Property managed by The Property Group

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,115

Year Built

Built in 1976

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Neighborhood: Broad River
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1050
  • Public Record Living Room Sq Ft: 1050
  • Total Sq Ft: 1050
  • Year Built: 1976
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1110
  • Tax Year Updated Dt: 08/03/2020
  • Directions: New Canaan Ave to Silvermine Ave. FIRST Driveway on right. Building #8 is the BACK Building
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Shared Basement, Storage
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Washer /Dryer In Unit
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Wood
  • Waterfront Description: Direct Waterfront, River, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Road Maintenance, Flood Insurance
  • Complex Name: Silvermine Riverfront
  • Levels In Unit: 1
  • HOA Fees: 367
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Chris Farris
  • Property Mgt Company Name: The Property Group
  • Property Mgt Phone: 203-967-8337

Schools

  • Elementary School: Silvermine
  • Middle School: West Rocks
  • High School: Norwalk

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: Lightly Wooded
  • Zoning: B

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4115
  • Total Assessed Value: 174320
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.356
  • Mil Rate Total: 23.606
  • Assessor Parcel Number: 246450

Multi Family

  • Total Num Of Units: 26

MLS Schools

  • Elementary School: Silvermine
  • Middle Jr High School: West Rocks
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 27, 2020
Sold by
Silvermine Rental Llc
Bought by
Medina Natalie
Seller's Agent
Peri Bartro
Compass Connecticut, LLC
Buyer's Agent
Linda Russell
Keller Williams Prestige Prop.
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$443,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,653
Avg. Annual Appreciation
8.25%
Original Mortgage
$265,500
Outstanding Balance
$235,614
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$208,039

Purchase Details

Closed on
Feb 15, 2019
Sold by
Scharf Andrew
Bought by
Silvermine Rental Llc

Purchase Details

Listed on
May 16, 2014
Closed on
Aug 1, 2014
Sold by
Fnma
Bought by
Scharf Andrew
Seller's Agent
Victor Bolanos
Bolanos & Associates LLC
Buyer's Agent
Peri Bartro
Compass Connecticut, LLC
List Price
$255,000
Sold Price
$253,000
Premium/Discount to List
-$2,000
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$202,400
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2014
Sold by
Jp Morgan Chase Bank N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 9, 2007
Sold by
6 & 8 Silvermine Avenue
Bought by
Raila Marylee
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medina Natalie $295,000 None Available
Medina Natalie $295,000 None Available
Silvermine Rental Llc -- --
Silvermine Rental Llc -- --
Scharf Andrew $253,000 --
Scharf Andrew $253,000 --
Federal National Mortgage Association -- --
Chase Home Finance Llc -- --
Federal National Mortgage Association -- --
Raila Marylee $390,800 --
Raila Marylee $390,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Natalie $265,500
Closed Medina Natalie $265,500
Previous Owner Raila Marylee $202,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $295,000 -1.7% $281 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $300,000 +18.6% $286 / Sq Ft
07/29/2014 07/29/14 Sold $253,000 -0.8% $241 / Sq Ft View Prior Sale
06/29/2014 06/29/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $255,000 -- $243 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,311 $223,710 $0 $223,710
2024 $5,229 $223,710 $0 $223,710
2023 $4,352 $174,320 $0 $174,320
2022 $4,284 $174,320 $0 $174,320
2021 $3,645 $174,320 $0 $174,320
2020 $4,115 $174,320 $0 $174,320
2019 $4,063 $174,320 $0 $174,320
2018 $4,890 $188,590 $0 $188,590
2017 $4,719 $188,590 $0 $188,590
2016 $4,809 $189,040 $0 $189,040
2015 $4,309 $188,590 $0 $188,590
2014 $4,722 $188,590 $0 $188,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170308605

SmartMLS

APN: NORW-000005-000049-000158-B000000-3