Sold Jun 16, 2021
$4,950,000
Buyer
Seller
$3,700,000
by Wells Fargo Bank Na
Mortgage Due Apr 01, 2054
Sold Oct 31, 1996
$2,500,000
Buyer
Seller
$2,000,000
by Boston Safe Dep Tr Co
Mortgage Due Oct 31, 2026
Local assessors in Greenwich, CT have categorized 513 Lake Avenue as a residential type of property.
The property's lot size has been calculated to be 89,298 square feet.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Residents rely on air conditioning for their cooling system. 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, 513 Lake Avenue sold most recently in Jun 16, 2021 for a total of $4,950,000. Before that, the property was also sold for $2,500,000 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 $38,006 in taxes each year. 513 Lake Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,266,200. If we break it down further, the land itself was valued at $1,201,900. Improvements to the property, however, were assessed at a total of $2,064,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Residents rely on air conditioning for their cooling system. 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, 513 Lake Avenue sold most recently in Jun 16, 2021 for a total of $4,950,000. Before that, the property was also sold for $2,500,000 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 $38,006 in taxes each year. 513 Lake Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,266,200. If we break it down further, the land itself was valued at $1,201,900. Improvements to the property, however, were assessed at a total of $2,064,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
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