NOT LISTED FOR SALE

Estimated Value: $304,000 - $506,000

2.05 Acres
$177,565 Price per Acre
89,298 Sq Ft Lot

Last Sold April 27, 2021

Last sale price $235,000 $174 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,355/month

17 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Partially Wooded Lot
  • Redding Elementary School Rated A
  • Wetlands on Lot
  • No HOA

About This Lot

As of April 2021

Are you frustrated that there is limited supply of homes to purchase throughout Fairfield County? Well, wait no longer. This beautiful 2 acre lot is ready for you to build your dream home. The seller has building plans for a transitional farmhouse or another for a contemporary style home commissioned by two architects. Both sets of plans come with the home. See attachments. A private well is already in place & just needs testing for potability. 4 bedroom septic system has good fields & has a new distribution box & sewer line. It just needs a new tank & pump chamber.Foundation permit issued through Conservation dept. for garage replacement near road. Bring your builder or ask for referrals. Enjoy your private pond that's ideal for ice skating and fishing. The property borders Redding Land Trust. Mary Anne Guitar, the former owner, was the First Selectman for many years. She was known as an avid gardener and was one of the founding members of the Land Trust. She donated 4 acres of her property to the Trust. Additionally, more of Redding's natural beauty is directly across the street. Saddleback Trail, which is part of Topstone Park's 274 acres, is Redding's only municipal park with a 25-acre pond which is perfect for swimming, kayaking & canoeing.With Less than 1/2 mile hike to the lake, it's a wonderful town treasure only steps away from this property. Buyers do your due diligence. Town Hall officials are quite helpful! Read below for more information.

Last Listed By

Peggy Jorgensen

Compass Connecticut, LLC License #RES.0782933 Listed on: 04/04/2021

Compass Connecticut, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,985

Year Built

  • 1829

Lot Details

  • 2.05 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-2

Property Views

  • Water Views

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Redding Elementary School
  • John Read Middle School
  • Joel Barlow High School

Utilities

  • Gas Available
  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,985

Year Built

1829

Lot Details

0

Listing Details

  • Neighborhood: West Redding
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Remarks Public Addendum: At Topstone Park there is also a wonderful dog park adjacent to the pond with a series of trails; some with views of Long Island Sound. This level building lot with sloping areas on perimeter, is located in the perfect location for commuting. It's only 5
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Deed Restrictions
  • Directions: Route 7 to Old Redding Rd. Go under the railway bridge and bear left. Approx. 1.3 miles in on the right.
  • Special Features: None
  • Year Built: 1829

Interior Features

  • Street Number Modifier: 140

Exterior Features

  • Waterfront Description: Direct Waterfront, Pond, Access, Walk to Water
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 200

Utilities

  • Water Source: Private Well
  • Sewer: Septic, Septic Required
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Redding
  • Middle School: John Read
  • High School: Joel Barlow

Lot Info

  • Acres: 2.0500
  • Lot Description: Some Wetlands, Cleared, Water View, Level Lot, Lightly Wooded, Fence - Stone
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Lot Staked, Rough Graded
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4985
  • Total Assessed Value: 151800
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 271082

MLS Schools

  • Elementary School: Redding
  • Middle Jr High School: John Read
  • High School: Joel Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Apr 27, 2021
Sold by
Gregg Bryan R
Bought by
Richard M Fasanelli Ret
Seller's Agent
Peggy Jorgensen
Compass Connecticut, LLC
Buyer's Agent
Peggy Jorgensen
Compass Connecticut, LLC
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Total Days on Market
17
Current Estimated Value
$364,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,009
Avg. Annual Appreciation
11.69%

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jan 9, 2018
Sold by
Guitar Mary A Est
Bought by
Gregg Bryan R
Seller's Agent
Lisa Reese
Reese Associates
Buyer's Agent
Whitney Giannelli
Berkshire Hathaway NE Prop.
List Price
$299,000
Sold Price
$175,000
Premium/Discount to List
-$124,000
-41.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

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
Richard M Fasanelli Ret $235,000 None Available
Gregg Bryan R $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregg Bryan R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $235,000 +2.6% $174 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $229,000 +30.9% $170 / Sq Ft
01/02/2018 01/02/18 Sold $175,000 -41.5% $130 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $299,000 -- $222 / 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
2024 $4,038 $140,600 $140,600 $0
2023 $3,893 $140,600 $140,600 $0
2022 $5,061 $151,800 $151,800 $0
2021 $4,985 $151,800 $151,800 $0
2020 $4,985 $151,800 $151,800 $0
2019 $7,845 $238,900 $151,800 $87,100
2018 $8,261 $260,450 $173,350 $87,100
2017 $8,295 $280,050 $173,750 $106,300
2016 $8,189 $280,050 $173,750 $106,300
2015 $8,096 $280,050 $173,750 $106,300
2014 $8,096 $280,050 $173,750 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170385329

SmartMLS

APN: REDD-000027-000000-000012