NOT LISTED FOR SALE

831 Black Rock Turnpike Fairfield, CT 06825

University Neighborhood

Estimated Value: $729,863

2 Beds
4 Baths
3,360 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $445,000 $132 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,693/month

181 Days on Market

Highlights

  • Attic
  • Tankless Water Heater
  • Baseboard Heating
  • Holland Hill Elementary Rated A
  • Central Air
  • Level Lot

About This Home

As of February 2021

"FAIRFIELD CT" - Black Rock Area Mixed-Use Building For Sale Great for Attorneys, Accounts, Insurance, Real Estate, Office or Management Co., Chiropractor, or any Professional Use. Presently Used as Office on First floor & 2 Large One Bedroom apartments on 2nd Flr. Office is ready for occupancy 2 apartments are rented with leases. Building has (4) Electric services, Office and apartments have their own air-conditioning, (1) Gas-fired Hot water baseboard heat system, full basement with hatch to walk out into rear yard. Vinyl replacement windows and aluminum siding, Large rear yard with parking for 10 to 12 cars. Great Location with easy access to I-95. Possibility to Convert 1st Floor into 2 additional Apartment with a variance for lot size, present zone allows for Multi-Family Use. Zone "C"

Last Agent to Sell the Property

Mark Glassman

Property World License #RES.0263303 Listed on: 06/23/2020

Property World

Last Buyer's Agent

Mark Glassman

Property World License #RES.0263303 Listed on: 06/23/2020

Property World

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,151

Year Built

  • Built in 1918

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Flat Tile Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 3,360 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,151

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3360
  • Public Record Living Room Sq Ft: 3360
  • Total Sq Ft: 3360
  • Year Built: 1918
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5040
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Black Rock Turnpike to # 831
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 831

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Zoning: NDD

Multi Family

  • Unit Count: 3
  • Total Multi Family: 7
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10151
  • Total Assessed Value: 378910
  • Mil Rate Base: 26.790
  • Mil Rate Total: 26.790
  • Assessor Parcel Number: 123796

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jan 28, 2021
Sold by
Black Rock Partners Llc
Bought by
Hanford Avenue Associates
Seller's Agent
Mark Glassman
Property World
Buyer's Agent
Mark Glassman
Property World
List Price
$599,000
Sold Price
$445,000
Premium/Discount to List
-$154,000
-25.71%
Current Estimated Value
$729,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,863
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Cayton Lori A
Bought by
Black Rock Ptnrs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hanford Avenue Associates $455,000 None Available
Hanford Avenue Associates $455,000 None Available
Black Rock Ptnrs $250,000 --
Black Rock Ptnrs $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Rock Ptnrs $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $445,000 -18.9% $132 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $549,000 -8.3% $163 / Sq Ft
06/23/2020 06/23/20 For Sale $599,000 0.0% $178 / Sq Ft
03/17/2017 03/17/17 Rented $1,100 0.0% --
02/27/2017 02/27/17 Under Contract -- -- --
02/15/2017 02/15/17 Price Changed $1,100 -4.3% $1 / Sq Ft
02/01/2017 02/01/17 Price Changed $1,150 -4.2% $2 / Sq Ft
12/16/2016 12/16/16 For Rent $1,200 -- --
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 $10,392 $366,030 $212,660 $153,370
2024 $10,212 $366,030 $212,660 $153,370
2023 $10,069 $366,030 $212,660 $153,370
2022 $9,971 $366,030 $212,660 $153,370
2021 $9,875 $366,030 $212,660 $153,370
2020 $10,151 $378,910 $235,830 $143,080
2019 $10,151 $378,910 $235,830 $143,080
2018 $9,988 $378,910 $235,830 $143,080
2017 $9,783 $378,910 $235,830 $143,080
2016 $9,643 $378,910 $235,830 $143,080
2015 $9,209 $371,490 $238,140 $133,350
2014 $9,064 $371,490 $238,140 $133,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170308902

SmartMLS

APN: FAIR-000079-000000-000322