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1011 Pequot Avenue

1011 Pequot Avenue, Southport, CT 06890
Property in Fairfield
Sold Feb 04, 2021
$2,650,000
$1,987,500 by First Republic Bank
Mortgage
Sold Jun 03, 1996
$1,125,000
$1,000,000 by Fleet Mortgage
Mortgage Due Jun 03, 2026
1011 Pequot Avenue in Southport, CT was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 1011 Pequot Avenue has 5,795 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 86,684 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of slate. For those who need parking, there is a garage. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1011 Pequot Avenue sold most recently in Jan 8, 2021 for a total of $2,650,000. If you work out the math, that's approximately a cost of $457.29 per sqft. Before that, the property was also sold for $1,125,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $52,963 in taxes each year. 1011 Pequot Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,925,210. If we break it down further, the land itself was valued at $1,119,370. Improvements to the property, however, were assessed at a total of $805,840. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Style: Colonial
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 86,684
  • Total Building Area: 5,795
  • Gross Building Area: 12,980
  • Building Area: 5,795
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,795
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.99
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GUNSTON HOLDINGS LLC
  • Previous Owner : JACK MEEHAN RET
  • Owner Before Previous Owner: PFRIEM ELIZABETH M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Sep 08, 2023

Neighborhood

  • School District Name: Fairfield School District
  • School Tax School District: FAIRFIELD SD
  • Census Tract: 060600

Zoning

  • Zoning: R3

Geography

  • Account Number: 14137
  • Parcel: FAIR M:281 B:10
  • Block: 10
  • Municipality: FAIRFIELD
  • Latitude: 41.1288
  • Longitude: -73.2904

    Address

  • Full Address: 1011 Pequot Ave
  • Address - House Number: 1011
  • Address - Street Name: Pequot
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Southport
  • Carrier Code: C002
  • 4-Digit Zip Code: 1421
  • Zip Code: 06890

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $52,963

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 71
  • Final Value: 3,645,474
  • High Value: 4,402,406
  • Low Value: 2,888,542

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,637,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Feb 04, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,987,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Jun 26, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $650,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,925,210
  • Assessed Land Value: $1,119,370
  • Assessed Improvements Value: $805,840

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Feb 04, 2021
  • Current Sale Transaction ID: 11816590313
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-1311
  • Previous Sale Recording Date: Jun 03, 1996
  • Previous Sale Amount: $1,125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Feb 04, 2021
  • First Mortgage Loan Amount: $1,987,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FLEET MORTGAGE
  • Previous Mortgage Transaction Date: Jun 03, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 03, 2026

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Frequently Asked Questions

What neighborhood is 1011 Pequot Avenue located in?
The 1011 Pequot Avenue is a located in the neighborhood of Fairfield in Southport, Southport.
What is the average sales price for listings in 1011 Pequot Avenue?
The average sales price for units in 1011 Pequot Avenue is $0 currently.

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