The Phoenix Condos for Sale

The Phoenix is a 27-unit mid-rise condominium building at 19 Isaacs Street in Norwalk. With only 27 units and a history of infrequent turnover, availability here is limited at any given time. The MLS shows nine total sales since 2016, which averages out to fewer than two transactions per year. When a unit does come to market, it typically moves without a long runway. Buyers waiting for the right layout or floor should monitor this building closely rather than expecting to browse at leisure. Contact The Engel Team’s Norwalk real estate desk to be notified when units become available, including any off-market opportunities before they hit public listings.

Recently Sold at The Phoenix

Nine verified MLS sales are on record for The Phoenix, spanning from May 2016 through September 2022. Closed prices ranged from $180,000 to $300,000, with a median sale price of $205,000. Unit sizes ran from 728 to 998 square feet. Median price per square foot across recorded sales was approximately $234.

The most recent recorded sale, Unit 208 in September 2022, closed at $300,000 for a 2-bedroom, 2-bath unit at 876 square feet, a clear step above the earlier sales range and the only transaction to clear $250,000 in the building’s history. That sale carried an HOA fee of $328/month and a property tax bill of $3,514 for the year. Earlier 1-bedroom units in the 728-square-foot range have sold between $195,000 and $210,000. Two-bedroom units in the 876-square-foot range traded between $200,000 and $300,000 depending on year and condition.

The Norwalk condo market has softened recently, with inventory declining roughly 10.6% and prices pulling back over the past six months. That context matters when pricing a unit here. The comp pool at The Phoenix is thin, nine sales over six-plus years, so buyers and sellers both need to look carefully at condition, floor level, and HOA stability rather than relying on a single comp.

For a current look at Norwalk CT condos across all price points, The Engel Team tracks active and recently closed inventory across the city’s condo market.

About The Phoenix

The Phoenix is a mid-rise condominium building constructed in 2004 at 19 Isaacs Street in Norwalk. The building is elevator-served, which makes it accessible regardless of floor and practical for buyers who prioritize single-level living without stairs. At 27 units total, this is a small building. That scale has real implications: a smaller association means fewer owners contributing to reserves, a tighter community dynamic, and less anonymity than a large complex would offer. The Phoenix sits within Norwalk’s residential fabric rather than in a resort-style campus or gated perimeter, which keeps the feel urban and practical rather than amenity-heavy.

Homes and Layouts at The Phoenix

The Phoenix offers 1-bedroom and 2-bedroom units in a ranch-style flat configuration. Unit sizes in the MLS record range from 728 square feet on the smaller 1-bedroom end to 998 square feet on larger 1-bedroom layouts. Two-bedroom units have consistently shown up at 876 square feet in recorded sales. All units in the verified sales data are condominiums with either 1 or 2 bathrooms. The building includes an elevator, which means upper-floor units are accessible without the stair penalty common in walk-up buildings. Specific details on parking, storage, balcony availability, and in-unit laundry should be confirmed on a unit-by-unit basis during the due diligence process, as configuration can vary across the building’s 27 units.

What Buyers Need to Know

HOA fees at The Phoenix have ranged from $219 to $328 per month across recorded sales, with $287/month appearing as the most common figure in the data. That range reflects variation by unit type and likely timing of fee adjustments over the years. Buyers should request the current fee schedule for any specific unit rather than assuming the median applies.

Property taxes have varied meaningfully in the sales record, from $2,706 to $4,544 per year depending on the unit and year of sale. The most recent verified tax figure for Unit 208 was $3,514 annually. Tax amounts can shift at reassessment, so confirm current mill rate with the City of Norwalk assessor before closing assumptions into your monthly budget.

With only 27 units in the association, reserve fund health is a critical due diligence item. A small building absorbs major capital expenditures, roof replacement, elevator servicing, HVAC systems, parking surface work, across a narrow owner base. Buyers must request the most recent reserve study and financial statements before committing. Ask specifically whether any special assessments have been levied in the past five years, and whether any are anticipated. A building constructed in 2004 is now over 20 years old, and major systems are entering the window where repair or replacement becomes realistic.

The resale package review is mandatory here. In a 27-unit building with thin transaction history, a buyer needs to understand the association’s governance, any pending litigation, and the owner-occupancy ratio. Rental rules, pet policy, and renovation approval processes should all be confirmed in writing from the association before signing a purchase agreement. Resale value at The Phoenix is directly tied to the financial health of the association, so that documentation is not optional.

For buyers using financing, confirm that the building meets lender requirements for condo approval. Small associations can trigger additional lender scrutiny, particularly around owner-occupancy ratios and reserve fund adequacy. FHA and VA financing have specific thresholds that smaller buildings sometimes fail to meet.

Flood zone and waterfront risk are not flagged as specific concerns for this address based on available data, but buyers should verify FEMA flood map status independently for 19 Isaacs Street as part of standard due diligence.

Buying or Selling at The Phoenix

Nine sales over six years is a thin comp pool. For sellers at The Phoenix, that means pricing strategy requires careful judgment rather than a mechanical CMA. The gap between the $205,000 median and the $300,000 top sale shows how much condition, layout, and timing affect outcomes in a small building. If you are considering listing a unit here, The Engel Team can provide a current valuation that accounts for Norwalk’s recent market softening and positions your unit accurately relative to the available comp set.

For buyers, the combination of low price points, an elevator building, and central Norwalk access makes The Phoenix worth monitoring seriously. The challenge is timing, because units appear infrequently. The Engel Team tracks Norwalk homes for sale across all property types and can alert you when something comes available at The Phoenix before it draws full market competition.

Reach out directly to discuss valuation, offer strategy, or what the current Norwalk condo market looks like for buyers at this price point.

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