NOT LISTED FOR SALE

103 Olcott Way Unit 103 Ridgefield, CT 06877

Estimated Value: $298,000 - $340,000

1 Bed
1 Bath
920 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $161,000 $175 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,976/month

Highlights

  • Health Club
  • In Ground Pool
  • Tennis Courts
  • Veterans Park Elementary School Rated A
  • Clubhouse
  • Property is near shops

About This Home

As of July 2019

This updated one bedroom condo has a sitting room with beautiful view, spacious dinning area and a kitchen with updated appliances. It is ready to move in. This complex has a pool which is well maintained. This condo is close proximity to library, parks, restaurant, museums and so much more!!!

Last Agent to Rent the Property

Nishma Nana

William Pitt Sotheby's Int'l Listed on: 06/04/2019

Last Renter's Agent

Christopher Grass

Keller Williams Prestige Prop. License #REB.0792330

Keller Williams Prestige Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Garden
  • Property is zoned MFDD

Home Design

  • Wood Siding

Interior Spaces

  • 920 Sq Ft Home
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • Property is near shops

Listing and Financial Details

  • Exclusions: Gas Range

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Health Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,075

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Landlord Responsibility: Real Estate Taxes, Snow Removal, Trash Service, Water
  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 2 months
  • Smoking Allowed: No
  • Tenant Responsibility: Cable TV, Credit Check, Electricity, Liability Insurance

Listing Details

  • Property Type: Residential Rental
  • Sq Ft Est Heated Above Grade: 920
  • Public Record Living Room Sq Ft: 920
  • Total Sq Ft: 920
  • Year Built: 1970
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Shopping/Mall
  • Association Amenities: Basketball Court, Club House, Health Club, Playground/Tot Lot, Pool, Tennis Courts
  • Property Sub Type: Condominium Rental
  • Exclusions: Gas Range
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 2
  • Directions: Main street to complex entrance, first right on Olcott way
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: In Basement
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 103

Exterior Features

  • Exterior Features: Garden Area
  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Levels In Unit: 2
  • HOA: Yes

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.0000
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: MFDD

Multi Family

  • Total Num Of Units: 300

Tax Info

  • Assessor Parcel Number: 278196

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Apr 1, 2019
Sold by
Singer Jennifer A
Bought by
Kumar Rajesh
Seller's Agent
Aaron Goldberg
Coldwell Banker Realty
Buyer's Agent
Nishma Nana
William Pitt Sotheby's Int'l
List Price
$169,900
Sold Price
$161,000
Premium/Discount to List
-$8,900
-5.24%
Current Estimated Value
$324,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,395
Avg. Annual Appreciation
11.34%
Original Mortgage
$120,000
Outstanding Balance
$105,716
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$218,358

Purchase Details

Closed on
Mar 19, 2007
Sold by
Smith Raymond J and Smith Joanne S
Bought by
Singer Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.4%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Wilson William L and Wilson Bonnie Beth
Bought by
Smith Raymond J and Smith Joanne S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kumar Rajesh $161,000 --
Singer Jennifer A $210,000 --
Smith Raymond J $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Raymond J $120,000
Previous Owner Smith Raymond J $168,000
Previous Owner Smith Raymond J $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Rented $1,600 +3.2% --
07/02/2019 07/02/19 Under Contract -- -- --
06/04/2019 06/04/19 For Rent $1,550 0.0% --
03/29/2019 03/29/19 Sold $161,000 -5.2% $175 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $169,900 0.0% $185 / Sq Ft
09/12/2016 09/12/16 Rented $1,650 0.0% --
09/12/2016 09/12/16 For Rent $1,650 +6.5% --
03/03/2015 03/03/15 Rented $1,550 0.0% --
02/01/2015 02/01/15 Under Contract -- -- --
01/04/2015 01/04/15 For Rent $1,550 +6.9% --
02/07/2014 02/07/14 Rented $1,450 0.0% --
01/08/2014 01/08/14 Under Contract -- -- --
01/02/2014 01/02/14 For Rent $1,450 0.0% --
03/11/2013 03/11/13 Rented $1,450 -9.4% --
02/09/2013 02/09/13 Under Contract -- -- --
12/17/2012 12/17/12 For Rent $1,600 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,075 $112,280 $0 $112,280
2024 $2,959 $112,280 $0 $112,280
2023 $2,898 $112,280 $0 $112,280
2022 $2,553 $89,810 $0 $89,810
2021 $2,534 $89,810 $0 $89,810
2020 $2,525 $89,810 $0 $89,810
2019 $2,525 $89,810 $0 $89,810
2018 $2,495 $89,810 $0 $89,810
2017 $2,997 $110,140 $0 $110,140
2016 $2,940 $110,140 $0 $110,140
2015 $2,865 $110,140 $0 $110,140
2014 $2,865 $110,140 $0 $110,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170200886

SmartMLS

APN: RIDG-000014-E000746