NOT LISTED FOR SALE

116 Lake Dr S New Fairfield, CT 06812

Estimated Value: $1,434,861 - $1,735,000

3 Beds
2.5 Baths
2,177 Sq Ft
$695/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $1,200,000 $551 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,362/month

139 Days on Market

Highlights

  • Waterfront
  • 2 Fireplaces
  • Patio
  • New Fairfield Middle School Rated A-
  • Tennis Courts
  • Bungalow

About This Home

As of April 2024

Welcome to 116 Lake Drive South in the beautiful community of New Fairfield CT! This stunning 1936 contemporary bungalow is situated in the highly sought-after Candlewood Isle Community and offers western lake views from just about every room in the house, including all 3 bedrooms. Step inside this one-of-a-kind home and you'll immediately be captivated by the crisp white, vaulted ceilings and exposed beams with up-lighting. The Living Room has a wood-burning fireplace with French doors that lead to the bluestone patio, while the Great Room also has a fireplace as well as slider to the patio. The kitchen has high-end, stainless steel appliances and granite countertops, perfect for your culinary creations! There are two bedrooms on this main living level, while the primary bedroom can be found tucked away up a private stairwell. Step into any one of the bathrooms and you'll feel like you're at a luxury spa! Outside, enjoy the lake-front views from the fieldstone exterior and stairs to the private dock. Retaining walls provide garden areas and there's a shed for storing all your water toys. The area is a haven for those who love the outdoors and nearby you'll find an abundance of hiking/biking trails, wineries and rivers for fishing and kayaking. Just minutes away is New York State and there's easy access to the train station which provides an easy commute to Manhattan. Don't miss this opportunity to own a piece of paradise - call today to schedule your private tour!

Last Agent to Sell the Property

Matthew Miale

KW Legacy Partners License #RES.0779469 Listed on: 11/17/2023

KW Legacy Partners

Co-Listed By

Daniel Leyden

KW Legacy Partners License #REB.0792901

Last Buyer's Agent

Alyse Doyle

Coldwell Banker Realty License #RES.0805659

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,517

Year Built

  • Built in 1936

Lot Details

  • 0.57 Acre Lot
  • Waterfront

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • Private Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Stone Frame
  • Frame Construction
  • Wood Shingle Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 2,177 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Basement Storage

Schools

  • Consolidated Elementary School
  • New Fairfield Middle School
  • New Fairfield High School

Utilities

  • Split Air Conditioning
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Patio
  • Property is near golf course and shops

Listing and Financial Details

  • Assessor Parcel Number 223000

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,517

Year Built

Built in 1936

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 2177
  • Total Sq Ft: 2177
  • Year Built: 1936
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Park, Shopping/Mall
  • Association Amenities: Basketball Court, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5747
  • Directions: Rt 39 N toward Sherman. Right on Candlewood Causeway to Guard Booth. Straight onto Lake Drive South to 116 on right just past the Narrows.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Partial With Hatchway, Unfinished, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Stone
  • Foundation Type: Block
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront Lake Dock or Mooring View
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Driveway Type: Private
  • Garage And Parking: Paved, Off Street Parking

Utilities

  • Cooling System: Split System
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 2519
  • HOA Fee Frequency: Annually

Lot Info

  • Acres: 0.57
  • Lot Description: Water View Sloping Lot Professionally Landscaped
  • Zoning: 1
  • Parcel #: 223000

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 24517

MLS Schools

  • Elementary School: Consolidated
  • Middle Jr High School: New Fairfield
  • High School: New Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 22, 2024
Sold by
Cali Abigail and Cali Christopher
Bought by
Dionisio Megan E and Dionisio William N
Seller's Agent
Matthew Miale
KW Legacy Partners
Buyer's Agent
Alyse Doyle
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,200,000
Premium/Discount to List
-$350,000
-22.58%
Views
431
Current Estimated Value
$1,575,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,250
Avg. Annual Appreciation
14.45%
Original Mortgage
$1,200,000
Outstanding Balance
$1,177,863
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,602

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jul 20, 2020
Sold by
Richebourg-Temple M
Bought by
Cali Abigail and Cali Christopher
Seller's Agent
David Brand
Keller Williams Realty
Buyer's Agent
Daniel Leyden
KW Legacy Partners
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$787,500
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2012
Sold by
Wilson John P
Bought by
Richebourg Margaret W

Purchase Details

Closed on
Apr 5, 2010
Sold by
Richboug Margaret W
Bought by
Wilson John P

Purchase Details

Closed on
Jul 15, 2004
Sold by
Willett Thomas P
Bought by
Richebourg Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dionisio Megan E $1,200,000 None Available
Dionisio Megan E $1,200,000 None Available
Cali Abigail $1,050,000 None Available
Cali Abigail $1,050,000 None Available
Richebourg Margaret W -- --
Wilson John P -- --
Richebourg Margaret W $353,970 --
Richebourg Margaret W -- --
Wilson John P -- --
Richebourg Margaret W $353,970 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dionisio Megan E $1,200,000
Closed Dionisio Megan E $1,200,000
Previous Owner Cali Abigail $787,500
Previous Owner Richebourg Margaret W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $1,200,000 -13.7% $551 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $1,390,000 -4.1% $638 / Sq Ft
01/24/2024 01/24/24 Price Changed $1,450,000 -4.9% $666 / Sq Ft
01/01/2024 01/01/24 Price Changed $1,525,000 -1.6% $701 / Sq Ft
11/17/2023 11/17/23 For Sale $1,550,000 +47.6% $712 / Sq Ft
09/04/2020 09/04/20 Sold $1,050,000 -4.1% $482 / Sq Ft View Prior Sale
06/30/2020 06/30/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $1,095,000 -- $503 / 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 $23,960 $910,000 $782,000 $128,000
2024 $25,655 $702,500 $577,700 $124,800
2023 $24,517 $702,500 $577,700 $124,800
2022 $22,810 $702,500 $577,700 $124,800
2021 $22,122 $702,500 $577,700 $124,800
2020 $21,482 $702,500 $577,700 $124,800
2019 $20,814 $673,600 $552,100 $121,500
2018 $20,599 $673,600 $552,100 $121,500
2017 $20,087 $673,600 $552,100 $121,500
2016 $19,218 $673,600 $552,100 $121,500
2015 $19,218 $673,600 $552,100 $121,500
2014 $18,446 $707,300 $572,300 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170610237

SmartMLS

APN: NFAI-000025-000001-000051