$161,000
SOLD MAR 29, 2019

103 Olcott Way Unit 103 Ridgefield, CT 06877

1 Bed
1 Bath
920 Sq Ft
$322/mo HOA Fee

Recently Sold

$175 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

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

About This Home

As of March 2019

Great opportunity to invest in a one bedroom move in ready unit in the Casagmo complex. The complex has been newly renovated with new siding, roof, and windows, all of which have been paid in full by the unit owner. The complex as a whole is very well managed, maintained, and is financially sound. This is a perfect property for anyone who appreciates the close proximity to restaurants, shops, museums, theater, library, and so much more. Casagmo offers a very convenient location for everyday living and access to all the best amenities that Ridgefield has to offer. This unit has a strong rental history and has proven to be a great investment property for the owners. Take advantage of the opportunity to own a very well cared for unit.

Last Agent to Sell the Property

Aaron Goldberg

Coldwell Banker Realty License #RES.0789575 Listed on: 01/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Nishma Nana

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,495

Year Built

  • Built in 1970

HOA Fees

  • $322 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 920 Sq Ft Home
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Ridgefield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • Property is near shops

Community Details

Overview

  • Association fees include club house, tennis, trash pickup, snow removal, heat, property management, pool service, road maintenance, insurance
  • 300 Units
  • Casagmo Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,495

Year Built

Built in 1970

Lot Details

0

HOA Fees

$322 per month

Listing Details

  • Neighborhood: Village Center
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • 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
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: special assessment has been paid in full
  • Unit On Floor Number: 2
  • Directions: Main st to complex entrance, first left onto 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 Siding: Wood
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

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
  • Sewer Usage Fee Annual: 350

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Trash Pickup, Snow Removal, Heat, Property Management, Pool Service, Road Maintenance, Insurance
  • Complex Name: Casagmo
  • Levels In Unit: 1
  • HOA Fees: 322
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Manager Email: casagmocondos@gmail.com
  • Property Manager Name: Jeanne Eberhardt

Schools

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

Lot Info

  • Lot Description: N/A
  • Zoning: MFDD

Rental Info

  • Pets Allowed Info: cats are okay
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 2495
  • Total Assessed Value: 89810
  • Mil Rate Base: 27.780
  • Mil Rate Total: 27.780
  • Assessor Parcel Number: 278196

Multi Family

  • Total Num Of Units: 300

MLS Schools

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

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
10.84%
Original Mortgage
$120,000
Outstanding Balance
$105,931
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$208,787

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
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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 Type Sale Price Title Company
Warranty Deed $161,000 --
Warranty Deed $210,000 --
Warranty Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 FHA
Previous Owner $168,000 No Value Available
Previous Owner $42,000 No Value Available
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: 170159423

SmartMLS

APN: RIDG-000014-E000746