NOT LISTED FOR SALE

Norwalk, CT 06851

Downtown Norwalk Neighborhood

Estimated Value: $585,000 - $655,000

4 Beds
2 Baths
2,099 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

Last sale price $325,000 $155 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,998 / mo

60 Days on Market

Highlights

  • Beach Access
  • Property is near public transit and shops
  • Porch
  • Deck
  • 1 Fireplace
  • Patio

About This Home

As of June 2016

Well maintained Norwalk two family in a very convenient location. Excellent opportunity for owner occupant or great investment property with strong financials. All mechanicals and roof are in great shape, many updates throughout both units. Additional living space in partially finished basement provides an additional bedroom and recreational room for 1st floor. Both units have separate electric meters, common water and common oil burner. Additionally, both units feature gas hot water, gas stoves, radiators for heat and ceiling fans. Oil burner replaced in 2003, roof replaced in 2004, some vinyl replacement windows throughout both units. See attached pro forma for rent roll and operating expenses.

Last Agent to Sell the Property

Michael Kovac

Higgins Group Real Estate License #RES.0801600 Listed on: 04/11/2016

Co-Listed By

Julie Vanderblue

Higgins Group Real Estate License #RES.0751136

Last Buyer's Agent

John Pellegrino

William Raveis Real Estate License #RES.0759026

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,807

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • On-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near public transit and shops

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,807

Year Built

Built in 1890

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 1413
  • Public Record Living Room Sq Ft: 1413
  • Sq Ft Est Heated Below Grade: 686
  • Total Sq Ft: 2099
  • Year Built: 1890
  • Nearby Amenities: Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2251
  • Directions: Main St. to Godfrey St. Right on Jefferson. House on Left side of street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partially Finished
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Patio, Porch, Shed
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, On Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot, Fence - Partial, Fence - Privacy
  • Zoning: C

Multi Family

  • Gross Annual Income: 38400
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2
  • Total Unit Count: 2

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4807
  • Assessor Parcel Number: 231608

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 10, 2016
Sold by
Camarato Cheryl
Bought by
Rocklawn Partners Llc
Seller's Agent
Michael Kovac
Higgins Group Real Estate
Buyer's Agent
John Pellegrino
William Raveis Real Estate
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Current Estimated Value
$616,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,966
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Ospina Abad A and Ospina Sonia S
Bought by
Camarato Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.3%

Purchase Details

Closed on
May 30, 1995
Sold by
Dunn Thomas
Bought by
Opina Abad and Ospina Sonia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rocklawn Partners Llc $325,000 --
Rocklawn Partners Llc $325,000 --
Camarato Cheryl $390,000 --
Camarato Cheryl $390,000 --
Opina Abad $95,000 --
Opina Abad $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opina Abad $288,076
Previous Owner Opina Abad $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $325,000 -18.7% $155 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $399,900 -- $191 / Sq Ft
Source: SmartMLS

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 $8,095 $338,720 $121,090 $217,630
2024 $7,975 $338,720 $121,090 $217,630
2023 $5,787 $230,690 $89,860 $140,830
2022 $5,662 $230,690 $89,860 $140,830
2021 $5,530 $230,690 $89,860 $140,830
2020 $5,526 $230,690 $89,860 $140,830
2019 $5,379 $230,690 $89,860 $140,830
2018 $5,041 $189,470 $93,180 $96,290
2017 $4,866 $189,480 $93,180 $96,300
2016 $4,846 $190,480 $93,180 $97,300
2015 $4,807 $189,470 $93,180 $96,290
2014 $4,745 $189,470 $93,180 $96,290
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Kovac

    Higgins Group Real Estate

  • Julie Vanderblue

    Seller Co-Listing Agent in 2016

    Julie Vanderblue

    Higgins Group Real Estate

    (475) 471-0636

    178 Total Sales

    Julie Vanderblue
    Section Image
  • John Pellegrino

    Buyer's Agent in 2016

    John Pellegrino

    William Raveis Real Estate

    (203) 322-0200

    3 in this area

    110 Total Sales

    John Pellegrino
    Section Image
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Source: SmartMLS

MLS Number: 99141349

SmartMLS

APN: NORW-000001-000074-000011

Connecticut Fairfield County Norwalk 06851

Downtown Norwalk

Not Listed for Sale

MultiFamily

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