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513 Lake Avenue

513 Lake Avenue, Greenwich, CT 06830
Property in Greenwich
Sold Jun 16, 2021
$4,950,000
$3,700,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2054
Sold Oct 31, 1996
$2,500,000
$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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 89,298
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.05
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : 513 LK AVE LLC
  • Previous Owner : CHAPMAN PETER
  • Previous Owner 2: CHAPMAN SUSAN S
  • Owner Before Previous Owner: ROACH JOHN H
  • Owner Before Previous Owner 2: ROACH JOAN M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Greenwich School District
  • School Tax School District: GREENWICH SD
  • Census Tract: 010201

Zoning

  • Zoning: RA-2

Geography

  • Account Number: 207/028
  • Parcel: GREE M:11 B:3184/S
  • Block: 3184/S
  • Municipality: GREENWICH
  • Latitude: 41.0531
  • Longitude: -73.638

    Address

  • Full Address: 513 Lake Ave
  • Address - House Number: 513
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Greenwich
  • Carrier Code: C025
  • 4-Digit Zip Code: 3831
  • Zip Code: 06830

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 21, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,266,200
  • Assessed Land Value: $1,201,900
  • Assessed Improvements Value: $2,064,300

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840702537
  • Current Sale Price: $4,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6924
  • Previous Sale Recording Date: Oct 31, 1996
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $4,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BOSTON SAFE DEP TR CO
  • Previous Mortgage Transaction Date: Oct 31, 1996
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 31, 2026

About Fairfield



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 513 Lake Avenue located in?
The 513 Lake Avenue is a located in the neighborhood of Greenwich in Fairfield, Greenwich.
What is the average sales price for listings in 513 Lake Avenue?
The average sales price for units in 513 Lake Avenue is $0 currently.

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