NOT LISTED FOR SALE

96 Rhode Island Ave Fairfield, CT 06824

Grasmere Neighborhood

Estimated Value: $633,000 - $739,000

4 Beds
2 Baths
2,072 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $652,000 $315 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,395/month

21 Days on Market

Highlights

  • Attic
  • Floor Furnace
  • Level Lot
  • Mckinley Elementary School Rated A-

About This Home

As of June 2024

Presenting an exceptional investment opportunity in the heart of Fairfield, a multifamily property featuring two expansive units, meticulously designed for discerning investors. Each unit offers spacious accommodations, complemented by unique features that add versatility and value to the property. The first-floor unit not only boasts generous living space but also offers a partially finished walk-out basement, providing additional functionality and potential. The partially finished basement opens up opportunities for customization or expansion, allowing you to tailor the unit to your lifestyle needs or investment goals. The second-floor unit features access to a walk-up partially finished attic, presenting further opportunities for expansion and customization. This adaptable attic space offers you the flexibility to create additional living space or storage as desired. In addition to these features, the property includes a coveted three-car garage, ensuring ample parking and storage options. Conveniently located within walking distance of the train station, this property offers easy access to transportation, making it an ideal choice for commuters and city lovers alike. With easy access to I 95, the town's amenities, from upscale dining to scenic parks, ensuring a lifestyle of comfort and convenience. Seize the chance to secure a lucrative asset in a prime location celebrated for its allure and investment potential.

Last Agent to Sell the Property

Katie Dansereau

Preston Gray Real Estate License #RES.0805967 Listed on: 05/01/2024

Last Buyer's Agent

Sean Dobel

Houlihan Lawrence License #RES.0823258

Houlihan Lawrence

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,763

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,072 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic
  • Partially Finished Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 126606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,763

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2072
  • Total Sq Ft: 2072
  • Year Built: 1930
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS compatible
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2072
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Partially Finished, Floored, Walk-up
  • Basement Description: Full, Partial With Walk-Out
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 96

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Detached Garage, Covered Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • 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: 0.16
  • Lot Description: Level Lot
  • Zoning: B
  • Parcel #: 126606

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6763
  • Total Assessed Value: 245840
  • Mil Rate Total: 27.51

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
May 1, 2024
Closed on
Jun 25, 2024
Sold by
Souza Joyce M and Wolfram Deborah S
Bought by
Morrisey Devon
Seller's Agent
Katie Dansereau
Preston Gray Real Estate
Buyer's Agent
Sean Dobel
Houlihan Lawrence
List Price
$599,900
Sold Price
$652,000
Premium/Discount to List
$52,100
8.68%
Views
50
Current Estimated Value
$686,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,209
Avg. Annual Appreciation
5.25%
Original Mortgage
$521,600
Outstanding Balance
$517,676
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,533

Purchase Details

Closed on
Dec 23, 2020
Sold by
Souza David F Est
Bought by
Souza Joyce M

Purchase Details

Closed on
Jun 3, 1993
Sold by
Est Zsampar Caroline and Zsampar Eleanor
Bought by
Souza David and Souza Joyce M
Source: Public Records

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Range of Values:

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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
Morrisey Devon $652,000 None Available
Morrisey Devon $652,000 None Available
Souza Joyce M -- None Available
Souza Joyce M -- None Available
Souza David $80,000 --
Souza David $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrisey Devon $521,600
Closed Morrisey Devon $521,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $652,000 +8.7% $315 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $599,900 -- $290 / 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
2024 $6,859 $245,840 $145,880 $99,960
2023 $6,763 $245,840 $145,880 $99,960
2022 $6,697 $245,840 $145,880 $99,960
2021 $6,633 $245,840 $145,880 $99,960
2020 $6,354 $237,160 $126,560 $110,600
2019 $6,354 $237,160 $126,560 $110,600
2018 $6,252 $237,160 $126,560 $110,600
2017 $6,123 $237,160 $126,560 $110,600
2016 $6,036 $237,160 $126,560 $110,600
2015 $5,662 $228,410 $132,300 $96,110
2014 $5,573 $228,410 $132,300 $96,110
Source: Public Records

Agents Affiliated with this Home

  • Katie Dansereau

    Seller's Agent in 2024

    Katie Dansereau

    Preston Gray Real Estate

    (203) 556-3526

    1 in this area

    75 Total Sales

    Katie Dansereau
    Section Image
  • Sean Dobel

    Buyer's Agent in 2024

    Sean Dobel

    Houlihan Lawrence

    (203) 339-5434

    1 in this area

    62 Total Sales

    Sean Dobel
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24005604

SmartMLS

APN: FAIR-000128-000000-000052

Connecticut Fairfield County Fairfield 06824 Grasmere

96 Rhode Island Ave, Fairfield, CT

This home is located at 96 Rhode Island Ave, Fairfield, CT 06824 since 01 May 2024 and is currently estimated at $686,209, approximately $331 per square foot. This property was built in 1930. 96 Rhode Island Ave is a home located in Fairfield County with nearby schools including Mckinley Elementary School, Tomlinson Middle School, and Fairfield Warde High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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