NOT LISTED FOR SALE

216 Mayweed Rd Fairfield, CT 06824

University Neighborhood

Estimated Value: $1,646,000 - $1,811,000

0.26 Acre
$6,727,135 Price per Acre
11,326 Sq Ft Lot

Last Sold June 14, 2016

Last sale price $350,000

Est. 400% increase in value since last sale

Current estimated payment $11,045/month

19 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Many Trees
  • Osborn Hill Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of June 2016

3 Lot Subdivision: $375,000 per lot or best offer. 75 foot frontage each. Already Subdivided. 75x150' each lot. Terrific University location. Town is requiring Mayweed road to be extended to Wormwood in order for all 3 lots to be built on. Call LA with questions.

Last Agent to Sell the Property

Denise Walsh

William Raveis Real Estate License #RES.0761852 Listed on: 02/10/2016

William Raveis Real Estate

Last Buyer's Agent

Robert Richter

Coldwell Banker Realty License #RES.0573659

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,657

Lot Details

  • 0.26 Acre Lot
  • The property's road front is unimproved
  • Cul-De-Sac
  • Many Trees
  • 3 Lots in the community

Schools

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

Utilities

  • Gas Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access
  • Public Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,657

Lot Details

0

Listing Details

  • Neighborhood: University
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: North benson, Dill to Mayweed - end of CDS-on left. Lots are 3 in a row betw/ Mayweed cul de sac and 540 Wormwood.
  • Special Features: None

Exterior Features

  • Waterfront Description: Access, Beach Rights, Water Community
  • Road Frontage Description: Unimproved Road

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric, Gas
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2600
  • Lot Description: On Cul-De-Sac, Treed
  • Lots Number Of: 3
  • Subdividable Ynu: No
  • Zoning: A

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 2657
  • Assessor Parcel Number: 126279

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2017
Sold by
Spa Inc
Bought by
Lake Michael C and Lake Reesa T
Current Estimated Value
$1,749,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$640,402
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,108,653

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jun 29, 2016
Sold by
Afm Properties Llc
Bought by
Spa Inc
Seller's Agent
Denise Walsh
William Raveis Real Estate
Buyer's Agent
Robert Richter
Coldwell Banker Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lake Michael C $1,165,000 --
Lake Michael C $1,165,000 --
Spa Inc $350,000 --
Spa Inc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spa Inc $150,000
Open Spa Inc $780,000
Closed Spa Inc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $350,000 -6.7% --
05/15/2016 05/15/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $375,000 -- --
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 $22,466 $791,350 $247,940 $543,410
2024 $22,079 $791,350 $247,940 $543,410
2023 $21,770 $791,350 $247,940 $543,410
2022 $21,556 $791,350 $247,940 $543,410
2021 $21,351 $791,350 $247,940 $543,410
2020 $20,563 $767,550 $203,630 $563,920
2019 $20,563 $767,550 $203,630 $563,920
2018 $20,085 $761,950 $203,630 $558,320
2017 $7,714 $298,760 $203,630 $95,130
2016 $2,592 $101,850 $101,850 $0
2015 $2,657 $107,170 $107,170 $0
2014 $2,615 $107,170 $107,170 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Walsh

    Seller's Agent in 2016

    Denise Walsh

    William Raveis Real Estate

    (203) 650-1583

    14 in this area

    211 Total Sales

    Denise Walsh
    Section Image
  • Robert Richter

    Buyer's Agent in 2016

    Robert Richter

    Coldwell Banker Realty

    (203) 856-6588

    13 in this area

    69 Total Sales

    Robert Richter
    Section Image
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Map

Source: SmartMLS

MLS Number: 99133116

SmartMLS

APN: FAIR-000126-000000-000209

Connecticut Fairfield County Fairfield 06824 University

216 Mayweed Rd, Fairfield, CT

Not Listed for Sale

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