NOT LISTED FOR SALE

188 Margemere Dr Fairfield, CT 06824

University Neighborhood

Estimated Value: $1,312,000 - $1,674,000

4 Beds
2.5 Baths
4,631 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $970,000 $209 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,845/month

69 Days on Market

Highlights

  • 0.77 Acre Lot
  • Colonial Architecture
  • Finished Attic
  • Osborn Hill Elementary School Rated A
  • Deck
  • Attic

About This Home

As of June 2022

Located at end of a cul-de-sac on one of the University Area's most sought after streets - here's the chance you've been waiting for to buy a home in an A++ location and make it your own. This stately Georgian Colonial is set on .77 of an acre, and has four floors of living space. Bring your designer and bring your builder - this home's potential is truly remarkable.

Last Agent to Sell the Property

Ken Banks

William Raveis Real Estate License #RES.0771227 Listed on: 04/08/2022

William Raveis Real Estate

Last Buyer's Agent

Lani Liu-Helisch

Sovereign Properties License #REB.0788679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,656

Year Built

  • Built in 1948

Lot Details

  • 0.77 Acre Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 2 Fireplaces
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Basement

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

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Osborn Hill Elementary School
  • Fairfield Woods Middle School
  • Fairfield Ludlowe High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Garage

Listing and Financial Details

  • Assessor Parcel Number 128893

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,656

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Neighborhood: University
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3491
  • Sq Ft Est Heated Below Grade: 1140
  • Total Sq Ft: 4631
  • Year Built: 1948
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7517
  • Directions: North Benson Rd to Margemere
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 3491
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Full With Walk-Out
  • Appliances: Electric Cooktop, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 188

Exterior Features

  • Exterior Features: Balcony, Deck, Patio
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Osborn Hill
  • Middle School: Fairfield Woods
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 0.77
  • Lot Description: On Cul-De-Sac Level Lot
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 128893

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 18656
  • Total Assessed Value: 691460
  • Mil Rate Total: 26.98

MLS Schools

  • Elementary School: Osborn Hill
  • Middle Jr High School: Fairfield Woods
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 22, 2022
Sold by
Lozier Peter and Radden-Lozier Cathleen
Bought by
Yao Li J and Liu Ya Y
Seller's Agent
Ken Banks
William Raveis Real Estate
Buyer's Agent
Lani Liu-Helisch
Sovereign Properties
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Current Estimated Value
$1,484,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,229
Avg. Annual Appreciation
13.72%
Original Mortgage
$550,000
Outstanding Balance
$525,670
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$921,327

Purchase Details

Closed on
Nov 1, 2019
Sold by
Lozier Redden and Lozier Cathleen
Bought by
Lozier Peter and Lozier Redden

Purchase Details

Closed on
Oct 28, 2016
Sold by
Lozier Peter W
Bought by
Lozier Cathleen R

Purchase Details

Closed on
Nov 21, 1994
Sold by
Fekete Florence Est
Bought by
Lozier Peter Wt and Lozier Cathleen R
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
Yao Li J $970,000 None Available
Lozier Peter -- --
Lozier Peter -- --
Lozier Cathleen R -- --
Lozier Cathleen R -- --
Lozier Peter Wt $425,000 --
Lozier Peter Wt $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Li J $550,000
Previous Owner Fekete Florence Est $270,000
Previous Owner Fekete Florence Est $300,000
Previous Owner Fekete Florence Est $122,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $970,000 -2.5% $209 / Sq Ft
04/14/2022 04/14/22 For Sale $995,000 -- $215 / 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 $19,770 $696,360 $363,300 $333,060
2024 $19,428 $696,360 $363,300 $333,060
2023 $19,022 $691,460 $363,300 $328,160
2022 $18,835 $691,460 $363,300 $328,160
2021 $18,656 $691,460 $363,300 $328,160
2020 $19,618 $732,270 $359,240 $373,030
2019 $19,618 $732,270 $359,240 $373,030
2018 $19,303 $732,270 $359,240 $373,030
2017 $18,907 $732,270 $359,240 $373,030
2016 $18,636 $732,270 $359,240 $373,030
2015 $16,078 $648,550 $382,270 $266,280
2014 $15,825 $648,550 $382,270 $266,280
Source: Public Records

Agents Affiliated with this Home

  • Ken Banks

    Seller's Agent in 2022

    Ken Banks

    William Raveis Real Estate

    (203) 767-7157

    11 in this area

    73 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lani Liu-Helisch

    Sovereign Properties

    (203) 722-2451

    1 in this area

    48 Total Sales

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Map

Source: SmartMLS

MLS Number: 170480789

SmartMLS

APN: FAIR-000147-000000-000060

Connecticut Fairfield County Fairfield 06824 University

188 Margemere Dr, Fairfield, CT

This home is located at 188 Margemere Dr, Fairfield, CT 06824 since 08 April 2022 and is currently estimated at $1,489,080, approximately $321 per square foot. This property was built in 1948. 188 Margemere Dr is a home located in Fairfield County with nearby schools including Osborn Hill Elementary School, Fairfield Woods Middle School, and Fairfield Ludlowe High 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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