NOT LISTED FOR SALE

11 Oak Tree Ln Ridgefield, CT 06877

Estimated Value: $339,000 - $619,104

4 Beds
2 Baths
1,387 Sq Ft
$346/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $300,000 $216 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,215/month

49 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • No HOA
  • Branchville Elementary School Rated A
  • 1 Fireplace
  • Hot Water Circulator

About This Home

As of July 2023

When one door closes, another opens. While this cape may have seen better days, this is an incredible opportunity for a savvy buyer to realize a new dream. Total 1.06 acres in the desirable B-1 Zone, set just back from Route 7 in the popular Branchville commercial district near Dunkin Donuts, Barn Door Restaurant, Tusk & Cup, and steps to the Branchville Station. Per Ridgefield Zoning, permitted uses in the B-1 Zone include: 1. Retail store. 2. Shopping center on a min. of two acres. 3. Service or personal service establishment. 4. Business, prof., or medical office. 5. Real estate office. 6. Bank. 7. Sit-down restaurant. 8. Food retail/serving establishment (such as a bakery, deli, ice cream parlor, or coffee shop) with seating for fewer than 15 customers. 9. A single family detached dwelling provided that: a. the dwelling was in existence as of 9/19/08; and b. the dwelling conforms to the area and bulk requirements of the R-20 Zone. 10. Uses accessory to uses listed in Subsection 5.2.C when located on the same lot. 11. Seasonal Farmers’ Market 12. Fitness center/exercise facility/dance studio/facility for education in the arts. Bring your imagination to restore this charming cape or to start an infinite number of permitted new ventures. NOTE: Please enter with caution and at your own risk. The home will be sold “as is” and the contract is "subject to the approval of the Court of Probate of Northern Fairfield County and expiration of all applicable appeal periods.“

Last Agent to Sell the Property

Laura Ancona

William Pitt Sotheby's Int'l License #RES.0770587 Listed on: 03/28/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Mary Ellen Williams

eXp Realty License #RES.0795344

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1956

Lot Details

  • 1.06 Acre Lot
  • Property is zoned B-1

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Stone Siding

Interior Spaces

  • 1,387 Sq Ft Home
  • 1 Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck

Schools

  • Branchville Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Ground

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,008

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Neighborhood: Branchville
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1387
  • Public Record Living Room Sq Ft: 1387
  • Total Sq Ft: 1387
  • Year Built: 1956
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Branchville Road to Right on Rt 7 to Right on Oak Tree Lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Walk-out
  • Appliances: Electric Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Stone, Asbestos
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Branchville
  • Middle School: East Ridge
  • High School: Ridgefield

Lot Info

  • Acres: 1.0600
  • Lot Description: Not Applicable
  • Zoning: B-1

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6008
  • Total Assessed Value: 211320
  • Mil Rate Base: 28.430
  • Mil Rate Total: 28.430
  • Assessor Parcel Number: 282997

MLS Schools

  • Elementary School: Branchville
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 27, 2023
Sold by
Bryon Sr Edward C Est and Byron
Bought by
Brown Randall and Brown Dominique
Seller's Agent
Laura Ancona
William Pitt Sotheby's Int'l
Buyer's Agent
Mary Ellen Williams
eXp Realty
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Views
353
Current Estimated Value
$480,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,526
Avg. Annual Appreciation
19.71%
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 Buyer Sale Price Title Company
Brown Randall $300,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $300,000 -14.0% $216 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $349,000 -12.5% $252 / Sq Ft
03/28/2023 03/28/23 For Sale $399,000 -- $288 / Sq Ft
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 $7,163 $261,520 $157,710 $103,810
2024 $5,858 $222,320 $157,710 $64,610
2023 $5,738 $222,320 $157,710 $64,610
2022 $6,008 $211,320 $140,170 $71,150
2021 $5,961 $211,320 $140,170 $71,150
2020 $5,942 $211,320 $140,170 $71,150
2019 $5,942 $211,320 $140,170 $71,150
2018 $6,959 $250,510 $140,160 $110,350
2017 $6,489 $238,470 $124,520 $113,950
2016 $6,365 $238,470 $124,520 $113,950
2015 $6,203 $238,470 $124,520 $113,950
2014 $6,203 $238,470 $124,520 $113,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170558967

SmartMLS

APN: RIDG-000017-I000067