Unique opportunity to own 2 Two Family buildings on one tax parcel! 100% Leased! Highlights: 1. Water views on Ash Creek for rear building. 2. Updated buildings with upgraded kitchens in rear building. 3. All new windows & security doors in both buildings 4. Garage in rear building 5. Rebuilt sea wall and fence in rear building 6. New roof on rear building 7. Off street parking for tenants 8. Low taxes! NOTE: Public records indicate ages of both buildings to be circa 1956. Owner estimates front building was built approximately 1918.
Sold for $1,450,000
$1,450,000
40 Grasmere Ave, Fairfield, CT 06824
10beds
6baths
4,179sqft
MultiFamily
Built in 1956
-- sqft lot
$1,492,100 Zestimate®
$347/sqft
$3,058 Estimated rent
Home value
$1,492,100
$1.34M - $1.66M
$3,058/mo
Zestimate® history
Owner options
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$8,172/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total interior livable area: 4,179 sqft
Property
Lot
- Size: 7,840 sqft
Details
- Parcel number: FAIRM130B241
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1956
Community & neighborhood
Location
- Region: Fairfield
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $1,450,000+106.8%$347/sqft |
Source: Public Record Report a problem | ||
| 12/29/2014 | Sold | $701,250-12.2%$168/sqft |
Source:  Smart MLS #99084453 Report a problem | ||
| 10/29/2014 | Price change | $799,000-2.6%$191/sqft |
Source: William Raveis Real Estate #99084453 Report a problem | ||
| 9/19/2014 | Listed for sale | $820,000+63.2%$196/sqft |
Source: William Raveis Real Estate #99080316 Report a problem | ||
| 5/30/2014 | Sold | $502,500+115.4%$120/sqft |
Source: Public Record Report a problem | ||
| 12/6/2001 | Sold | $233,333$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,026 +1.8% | $494,060 |
| 2024 | $13,784 +1.4% | $494,060 |
| 2023 | $13,592 +1% | $494,060 |
| 2022 | $13,458 +1% | $494,060 |
| 2021 | $13,330 +10.9% | $494,060 +10.1% |
| 2020 | $12,024 | $448,840 |
| 2019 | $12,024 +1.6% | $448,840 |
| 2018 | $11,831 +2.1% | $448,840 |
| 2017 | $11,589 +43.1% | $448,840 +37.4% |
| 2015 | $8,099 +1.6% | $326,690 |
| 2014 | $7,971 +2% | $326,690 |
| 2013 | $7,818 +6.5% | $326,690 |
| 2011 | $7,341 -19.1% | $326,690 -30.6% |
| 2010 | $9,074 +2% | $470,890 |
| 2009 | $8,900 +1.7% | $470,890 |
| 2008 | $8,749 +6.7% | $470,890 |
| 2007 | $8,198 +4.4% | $470,890 |
| 2006 | $7,850 +13.8% | $470,890 +69.3% |
| 2005 | $6,897 +6% | $278,110 |
| 2004 | $6,508 +8.8% | $278,110 |
| 2003 | $5,979 +28.8% | $278,110 +74.9% |
| 2001 | $4,642 +85.3% | $158,970 |
| 2000 | $2,505 -41% | $158,970 |
| 1999 | $4,244 | $158,970 |
Find assessor info on the county website
Neighborhood: 06824
Nearby schools
GreatSchools rating
- 9/10Holland Hill SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Fairfield Woods Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Fairfield Ludlowe High SchoolGrades: 9-12Distance: 1.3 mi
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$1,492,100
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- Connecticut
- Fairfield County
- Fairfield
- 06824
- 40 Grasmere Ave
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