NOT LISTED FOR SALE

221 Palamar Dr Fairfield, CT 06825

Lake Mohegan Hills Neighborhood

Estimated Value: $774,000 - $885,000

3 Beds
2.5 Baths
1,802 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $332,500 $185 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,451/month

162 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • No HOA
  • Jennings Elementary School Rated A
  • 1 Fireplace
  • 2-minute walk to Highwood Park

About This Home

As of December 2016

Spacious 3 Bedroom Cape , 3 season porch overlooks a nice yard. Property needs some TLC. Sold AS is where is. All Buyers need to do their own diligence. Make an offer on this one today before it is gone.

Last Agent to Sell the Property

George Zichil

Zichil Elite Real Estate, LLC License #RES.0781312 Listed on: 07/20/2016

Last Buyer's Agent

James Dawes

Keller Williams Realty License #RES.0791206

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Many Trees
  • Property is zoned R3

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,802 Sq Ft Home
  • 1 Fireplace
  • Oven or Range
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Schools

  • Ffld Warde High School

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Porch
  • Property is near public transit

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,605

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Neighborhood: Tunxis Hill
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1802
  • Public Record Living Room Sq Ft: 1802
  • Total Sq Ft: 1802
  • Year Built: 1954
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation
  • Association Amenities: Park, Playground/Tot Lot
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3411
  • Directions: Fairfield Woods Roadto Palamar Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Unfinished
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 221

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Paved

Utilities

  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Ffld Warde

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot, Treed
  • Zoning: R3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 7605
  • Total Assessed Value: 298830
  • Mil Rate Base: 25.450
  • Mil Rate Total: 25.450
  • Assessor Parcel Number: 122033

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Ffld Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
221 Palamar Llc
Bought by
Miksa Michael and Illy Christine
Current Estimated Value
$832,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Outstanding Balance
$399,699
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$404,256

Purchase Details

Listed on
Jul 20, 2016
Closed on
Dec 29, 2016
Sold by
Deutsche Bank Natl T C
Bought by
221 Palamar Llc
Seller's Agent
George Zichil
Zichil Elite Real Estate, LLC
Buyer's Agent
James Dawes
Keller Williams Realty
List Price
$349,800
Sold Price
$332,500
Premium/Discount to List
-$17,300
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$325,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Zowine Louis C
Bought by
Deutsche Bank Natl T C
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
Miksa Michael $597,500 --
Miksa Michael $597,500 --
221 Palamar Llc $330,943 --
221 Palamar Llc $330,943 --
Deutsche Bank Natl T C $438,000 --
Deutsche Bank Natl T C $438,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decesare Anthony A $478,000
Closed Decesare Anthony A $478,000
Previous Owner Decesare Anthony A $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $332,500 -4.9% $185 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $349,800 -- $194 / 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 $10,195 $359,100 $223,510 $135,590
2024 $10,019 $359,100 $223,510 $135,590
2023 $9,879 $359,100 $223,510 $135,590
2022 $9,782 $359,100 $223,510 $135,590
2021 $9,689 $359,100 $223,510 $135,590
2020 $8,726 $325,710 $191,940 $133,770
2019 $8,726 $325,710 $191,940 $133,770
2018 $8,586 $325,710 $191,940 $133,770
2017 $7,716 $298,830 $191,940 $106,890
2016 $7,605 $298,830 $191,940 $106,890
2015 $7,413 $299,040 $202,090 $96,950
2014 $7,297 $299,040 $202,090 $96,950
Source: Public Records

Agents Affiliated with this Home

  • George Zichil

    Seller's Agent in 2016

    George Zichil

    Zichil Elite Real Estate, LLC

    (203) 581-0684

    52 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    James Dawes

    Keller Williams Realty

    (203) 526-5600

    25 Total Sales

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Map

Source: SmartMLS

MLS Number: 99154277

SmartMLS

APN: FAIR-000074-000000-000154

Connecticut Fairfield County Fairfield 06825 Lake Mohegan Hills

221 Palamar Dr, Fairfield, CT

This home is located at 221 Palamar Dr, Fairfield, CT 06825 since 20 July 2016 and is currently estimated at $832,940, approximately $462 per square foot. This property was built in 1954. 221 Palamar Dr is a home located in Fairfield County with nearby schools including Jennings Elementary School, Fairfield Woods Middle School, and Fairfield Warde 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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