tomo logo

$4,995,000

Beds
5
Baths
6.0
sq ft
7,353

16 Fairview Ave, Stamford, CT 06902

16 Fairview Ave

Stamford, CT 06902

  • 173 days on market
    • Price drop $805,000↓
Beachfront luxury in Shippan! This grand colonial home is boasting 5 bedrooms and 7 bathrooms. The main level features a chef's kitchen that's been meticulously updated, where cooking becomes an art form. Host in your formal dining room, brilliant family room, oversized living room, or home office completed with coffered ceilings; this home is a beyond stunning! Bask in panoramic views of the LI Sound from every corner of the house. Upstairs, in the primary suite you'll experience a sanctuary with its private balcony overlooking the water. Completed with a dressing room/office, 2 walk in closets and primary bath with incredible views from your jacuzzi tub. In addition, the second level of this exquisite home you'll discover 3 additional bedrooms, each offering comfort and style. The top level beckons with a versatile sitting/game room, ideal for entertainment, alongside a convenient home office for productivity & a bedroom with an en suite bathroom ensures privacy and convenience. Descend to the lower level, to a family/game/home gym space, completed with a full bath and sauna for indulgent relaxation. This home truly offers every amenity for elevated living. Welcome to your coastal oasis, where elegance meets comfort and every day feels like a vacation.

Details

Property type

Single Family Residence

Est. home value

$4,106,162

Lot size

1.17 acres

Price per sq ft

$680

Year built

1998

Annual property taxes

$65,343

Price History

08/12/2024
SmartMLS

SmartMLS #24016550

Price change
$4,995,000
-13.88%
05/15/2024
SmartMLS

SmartMLS #24016550

Listed
$5,800,000

Schools & Community

Neighborhood: 

Shippan

Elementary school: 

Toquam Magnet

Middle school: 

Rippowam

High school: 

Stamford

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cmg Mortgage Inc

Loan start date

May 2023

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

David Lok and Rebecca Lok

Lender

Cmg Mortgage Inc

Loan start date

May 2023

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

David Lok and Rebecca Lok

Lender

Quontic Bank

Loan start date

July 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Purchase Money Mortgage

Seller

David Lok and Rebecca Lok

Lender

Quontic Bank

Loan start date

July 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Purchase Money Mortgage

Seller

David Lok and Rebecca Lok

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 6:00 AM

Listing updated: 08/18/2024 at 5:29 AM

Listed by: Jodi Boxer, Keller Williams Prestige Prop.

MLS: SmartMLS #24016550

SmartMLS logo

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