NOT LISTED FOR SALE

12 Rainbow Dr Ridgefield, CT 06877

Estimated Value: $547,059 - $670,000

2 Beds
1 Bath
1,400 Sq Ft
$444/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $420,000 $300 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,839/month

38 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Deck
  • Ridgebury Elementary School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of December 2020

Beautifully updated and meticulously maintained home on a quiet scenic road in the Rainbow Lake community! Pride of ownership shows throughout this property with its numerous improvements. As you walk up the slate/stone steps to the front entrance, you will notice the beautiful stone wall raised bed and mature plantings. Go through the front door and notice the natural light shining into the large livingroom with gleaming hardwood floors, crown molding, bay window and beautiful granite fireplace enclosed by warmly lit built-ins.
Continue into the newly remodeled eat-in kitchen of exceptional quality and open floor plan with custom cabinetry, granite counters, SS appliances, recessed lighting, crown molding and hardwood floors. Continue through the sliding glass doors to the large deck and envision the large gatherings that could flow with ease between indoor and outdoor spaces. Down the hall are two amply sized bedrooms with lots of natural light, beautiful hardwood floors, and large closets, as well as an updated full bathroom.
The lower level has been redone with lots of closets and new carpeting. There are many possibilities for this space, such as a family room or a 3rd bedroom, whatever suits your needs. The french doors will take you onto a patio for a quiet sitting area. Add’l updates include newer roof, newer windows and door, central air, new deck, new in-ground sprinklers, new oil boiler, generator transfer switch, electric dog fence (and more).

Last Agent to Sell the Property

Jacqueline Heintz

Berkshire Hathaway NE Prop. License #RES.0794239 Listed on: 10/05/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Susan Kordas

Coldwell Banker Realty License #RES.797027

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,863

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Stone Wall
  • Sloped Lot
  • Sprinkler System
  • Many Trees
  • Property is zoned RA

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,863

Year Built

Built in 1964

Lot Details

0.31 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 960
  • Public Record Living Room Sq Ft: 960
  • Sq Ft Est Heated Below Grade: 440
  • Total Sq Ft: 1400
  • Year Built: 1964
  • Nearby Amenities: Lake, Park
  • Remarks Public Addendum: With seasonal views or take a short walk to Rainbow lake. Association fees (not mandatory) are $150 for this home, allowing for deeded beach rights to the two private beach areas. Bennett Pond Trail offers great hiking as well. Just minutes to downtown
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: From Rte 7 to Bennetts Farm Rd. Continue to go right 2 more times still on Bennetts Farm Rd. The 3rd right will be onto Cross Hill Rd. Then Take a left on to Rainbow Dr. #12 at end on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Cooled, Interior Access, Garage Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Laundry Room
  • Laundry Room Location: washer/dryer, tile, sink
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System, Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Gutters, Patio, Stone Wall, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator Ready, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.3100
  • Lot Description: On Cul-De-Sac, Sloping Lot, Treed
  • Flood Zone: No
  • Zoning: RA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5863
  • Mil Rate Base: 28.120
  • Assessor Parcel Number: 279493

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 19, 2020
Sold by
Trainor Joan E
Bought by
Peng Zhechu
Seller's Agent
Jacqueline Heintz
Berkshire Hathaway NE Prop.
Buyer's Agent
Susan Kordas
Coldwell Banker Realty
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Current Estimated Value
$621,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,015
Avg. Annual Appreciation
7.87%
Original Mortgage
$399,000
Outstanding Balance
$355,229
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$265,786

Purchase Details

Closed on
Jun 9, 1997
Sold by
Fitch Frank A
Bought by
Trainor Joan E

Purchase Details

Closed on
Sep 5, 1990
Sold by
Reinen Tr Jeffrey
Bought by
Fitch Frank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peng Zhechu $420,000 None Available
Trainor Joan E $155,000 --
Fitch Frank $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Zhechu $399,000
Previous Owner Fitch Frank $268,250
Previous Owner Fitch Frank $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $420,000 -4.5% $300 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $439,900 -- $314 / Sq Ft
Source: SmartMLS

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 $7,685 $280,560 $140,560 $140,000
2024 $7,393 $280,560 $140,560 $140,000
2023 $7,241 $280,560 $140,560 $140,000
2022 $7,141 $251,180 $112,420 $138,760
2021 $5,882 $208,510 $112,420 $96,090
2020 $5,863 $208,510 $112,420 $96,090
2019 $5,863 $208,510 $112,420 $96,090
2018 $5,792 $208,510 $112,420 $96,090
2017 $5,383 $197,850 $98,930 $98,920
2016 $5,085 $190,530 $98,930 $91,600
2015 $4,956 $190,530 $98,930 $91,600
2014 $4,956 $190,530 $98,930 $91,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170344137

SmartMLS

APN: RIDG-000007-F000005

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