NOT LISTED FOR SALE
12 Beds
6 Baths
5,478 Sq Ft
4,792 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $700,000 $128 Per Sq Ft

31 Days on Market

Highlights

  • Beach Access
  • Finished Attic
  • No HOA
  • Holland Hill Elementary Rated A
  • Attic
  • Baseboard Heating

About This Home

As of August 2020

MULTIPLE OFFERS RECEIVED, H&B DUE SATURDAY 7/18/2020 at 12PM**PLEASE VIEW 3D TOUR, IT INCLUDES A SCAN OF ENTIRE BUILDING** Extremely rare 4+ unit investment opportunity in sought-after Fairfield, CT with huge upside potential! Large 4 family home with unfinished basement (with workshop, storage, coin-op laundry) and additional third floor (framed in preparation for 1-2 additional units - buyers please do your own due diligence on legal use, seller makes no representation). All 4 units have both front and rear egress/staircase. Vinyl replacement windows, new fire-rated doors throughout, several units have newer kitchens, counters, appliances, and vinyl plank flooring. One unit has been purposefully left vacant but can be easily rented if desired. This property is located in an extremely active rental market - walking distance to conveniences, trendy shopping/dining districts, Metro North train, waterfront, and both downtown Fairfield and Black Rock/St. Mary's By The Sea neighborhoods. Third floor is currently open as one level and not divided into two. There are currently two means of egress (both rear) from third floor with potential to add two more in front, for a total of 4 exits from third floor. Invest or owner-occupy, sit back and collect or get creative and build some serious additional value!!

Last Agent to Sell the Property

Denise Walsh

William Raveis Real Estate License #RES.0761852 Listed on: 07/10/2020

William Raveis Real Estate

Co-Listed By

Kaitlyn Walsh

William Raveis Real Estate License #RES.0797747

Last Buyer's Agent

Vincent Marro

Sovereign Properties License #RES.0806834

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,552

Year Built

  • Built in 1917

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Unpaved Parking

Home Design

  • 5,478 Sq Ft Home
  • Side-by-Side
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Shared Basement
  • Basement Storage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Schools

  • Holland Hill Elementary School
  • Fairfield Woods Middle School
  • Fairfield Ludlowe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,552

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5478
  • Public Record Living Room Sq Ft: 5478
  • Total Sq Ft: 5478
  • Year Built: 1917
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 9654
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GRASMERE TO ARDMORE
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Attic Description: Walk-up, Finished
  • Basement Description: Full With Hatchway, Shared Basement, Interior Access, Storage
  • Laundry Room Location: Coin-op Laundry in basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: INN1

Multi Family

  • Unit Count: 6
  • Total Multi Family: 16
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7552
  • Mil Rate Base: 26.790
  • Assessor Parcel Number: 126571

MLS Schools

  • Elementary School: Holland Hill
  • Middle Jr High School: Fairfield Woods
  • High School: Fairfield Ludlowe

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $700,000 +0.1% $128 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $699,000 -- $128 / 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 $13,223 $465,780 $153,580 $312,200
2024 $12,995 $465,780 $153,580 $312,200
2023 $12,814 $465,780 $153,580 $312,200
2022 $12,688 $465,780 $153,580 $312,200
2021 $12,567 $465,780 $153,580 $312,200
2020 $7,552 $281,890 $133,280 $148,610
2019 $7,552 $281,890 $133,280 $148,610
2018 $7,431 $281,890 $133,280 $148,610
2017 $7,278 $281,890 $133,280 $148,610
2016 $7,174 $281,890 $133,280 $148,610
2015 $7,250 $292,460 $141,050 $151,410
2014 $7,136 $292,460 $141,050 $151,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170314958

SmartMLS

APN: FAIR M:128 L:004 X: