NOT LISTED FOR SALE

16 N Salem Rd Ridgefield, CT 06877

Estimated Value: $858,000 - $1,322,000

4 Beds
2.5 Baths
2,272 Sq Ft
$457/Sq Ft Est. Value

Last Sold September 24, 2013

Last sale price $573,000 $252 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,492/month

43 Days on Market

Highlights

  • Barn
  • 1 Fireplace
  • Porch
  • Scotts Ridge Middle School Rated A
  • 1 Car Detached Garage
  • Zoned Heating and Cooling

About This Home

As of September 2013

Rare Opportunity! Wonderful 2 Family Duplex that has been totally renovated. Expansive Detached Barn offers multiple possibilities for home business/business use. Also detached garage on the property. Ample parking plus large yard. Desirable Walk to Town location. Great curb appeal. Town water/sewer. Priced to Sell - Do not wait!

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 06/14/2013

Compass Connecticut, LLC

Last Buyer's Agent

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 06/14/2013

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,532

Year Built

  • Built in 1900

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Partial Basement
  • Basement Storage

Schools

  • Scotland Elementary School
  • Scotts Ridge Middle School
  • Ridgefield High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil

Additional Features

  • Porch
  • Barn

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,532

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2272
  • Public Record Living Room Sq Ft: 2668
  • Total Sq Ft: 2272
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street to North Salem Road (Route 116)
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial, Storage, Unfinished
  • Attic: No
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Barn, Porch
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Scotland
  • Middle School: Scotts Ridge
  • High School: Ridgefield

Lot Info

  • Acres: 0.6900
  • Lot Description: Level Lot, Sloping Lot, Fence - Partial
  • Zoning: R-20

Multi Family

  • Unit Count: 2
  • Total Multi Family: 13
  • Total Num Of Units: 2
  • Total Unit Count: 2

Tax Info

  • Tax Year: July 2012-June 2013
  • Property Tax: 9532
  • Total Assessed Value: 467940
  • Mil Rate Total: 20.370
  • Assessor Parcel Number: 277866
  • Tax Year Pub Record: 2012

MLS Schools

  • Elementary School: Scotland
  • Middle Jr High School: Scotts Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Sep 25, 2013
Sold by
Piazza Christopher P
Bought by
Piazza Christopher P and Piazza Lorraine
Seller's Agent
Karla Murtaugh
Compass Connecticut, LLC
Buyer's Agent
Karla Murtaugh
Compass Connecticut, LLC
List Price
$599,000
Sold Price
$573,000
Premium/Discount to List
-$26,000
-4.34%
Current Estimated Value
$1,039,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,405
Avg. Annual Appreciation
4.56%
Original Mortgage
$429,750
Outstanding Balance
$323,850
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$655,856

Purchase Details

Closed on
Aug 8, 2007
Sold by
Bellagamba Gary and Bellagamba Janet
Bought by
Pyramid Luxury Venture

Purchase Details

Closed on
May 2, 1996
Sold by
Tinker Norman L and Tinker Evaline
Bought by
Bellagamba Gary and Bellagamba Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
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
Piazza Christopher P -- --
Piazza Christopher P $572,800 --
Piazza Christopher P -- --
Pyramid Luxury Venture $750,000 --
Pyramid Luxury Venture $750,000 --
Bellagamba Gary $275,000 --
Bellagamba Gary $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellagamba Gary $429,750
Closed Bellagamba Gary $0
Previous Owner Bellagamba Gary $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2013 09/24/13 Sold $573,000 -4.3% $252 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $599,000 -- $264 / 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 $11,770 $429,730 $266,070 $163,660
2024 $11,323 $429,730 $266,070 $163,660
2023 $11,091 $429,730 $266,070 $163,660
2022 $9,695 $341,020 $177,370 $163,650
2021 $9,620 $341,020 $177,370 $163,650
2020 $9,589 $341,020 $177,370 $163,650
2019 $9,589 $341,020 $177,370 $163,650
2018 $9,474 $341,020 $177,370 $163,650
2017 $9,115 $334,990 $176,450 $158,540
2016 $8,941 $334,990 $176,450 $158,540
2015 $8,713 $334,990 $176,450 $158,540
2014 $8,713 $334,990 $176,450 $158,540
Source: Public Records

Agents Affiliated with this Home

  • Karla Murtaugh

    Seller's Agent in 2013

    Karla Murtaugh

    Compass Connecticut, LLC

    (203) 856-5534

    259 in this area

    337 Total Sales

    Karla Murtaugh
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Map

Source: SmartMLS

MLS Number: 99031743

SmartMLS

APN: RIDG-000014-E000137

Connecticut Fairfield County Ridgefield 06877

16 N Salem Rd, Ridgefield, CT

This home is located at 16 N Salem Rd, Ridgefield, CT 06877 since 14 June 2013 and is currently estimated at $1,039,405, approximately $457 per square foot. This property was built in 1900. 16 N Salem Rd is a home located in Fairfield County with nearby schools including Scotts Ridge Middle School, Ridgefield High School, and Ridgefield Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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