NOT LISTED FOR SALE

224 S Salem Rd Ridgefield, CT 06877

Estimated Value: $978,917 - $1,359,000

3 Beds
3 Baths
3,103 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $475,000 $153 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $7,223/month

97 Days on Market

Highlights

  • Health Club
  • Golf Course Community
  • Home fronts a pond
  • Veterans Park Elementary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of April 2016

Artist retreat within steps to the Westchester NY border, this 3 bedroom/ 3bath converted 1860’s barn and separate studio is the perfect combination of rustic charm and old world character.Nothing about this home is ordinary.A large 2story living room with fire place and walls of windows is the stunning centerpiece of the home.Scenic and secluded the kitchen, sunroom bring the outdoors inside with walls of windows.Entertaining is easy from the deck;overlooks the pool,pond with breathtaking westerly sunsets The stunning extra room on the first floor incorporates the smooth round architecture of the original silo.With 2 park like acres, a pond for skating and fishing, in ground pool and total privacy, this is a very special antique home.

Last Agent to Sell the Property

Caren Harrington

William Pitt Sotheby's Int'l License #RES.0782069 Listed on: 09/29/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Caren Harrington

William Pitt Sotheby's Int'l License #RES.0782069 Listed on: 09/29/2015

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,012

Year Built

  • Built in 1860

Lot Details

  • 2 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Level Lot
  • Property is zoned RAA

Parking

  • Parking Deck

Home Design

  • Antique Architecture
  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3,103 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • French Doors
  • Entrance Foyer
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Fan
  • Storage In Attic

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Wetlands on Lot
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

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

Schools

  • Ridgefield High School

Farming

  • Barn or Farm Building

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator

Listing and Financial Details

  • Exclusions: Area Rugs,Fireplace tools,light fixture above kitchen table

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Health Club
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,012

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: South Ridgefield
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, Barn
  • Sq Ft Est Heated Above Grade: 3103
  • Total Sq Ft: 3103
  • Year Built: 1860
  • Nearby Amenities: Golf Course, Health Club, Library, Park, Pool, Shopping/Mall
  • Association Amenities: Golf Course, Health Club, Park, Pool
  • Exclusions: Area Rugs,Fireplace tools,light fixture above kitchen table
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: West Lane Route 35 to South Salem Road, on right #224
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Full, Liveable Space, Partially Finished, Walk-out
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: lower
  • Attic: Yes
  • Street Number Modifier: 224

Exterior Features

  • Exterior Features: Balcony, Deck, French Doors, Gutters, Lighting, Patio, Shed
  • Exterior Siding: Wood
  • Foundation Type: Stone, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook, Pond, Direct Waterfront
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Stone

Utilities

  • Cooling System: Attic Fan, Ceiling Fans, Window Unit
  • Heat Type: Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Ridgefield

Lot Info

  • Acres: 2.0000
  • Lot Description: Level Lot, Some Wetlands, Fence - Chain Link, Fence - Wood
  • Zoning: RAA

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 12012
  • Total Assessed Value: 461830
  • Mil Rate Total: 26.010
  • Assessor Parcel Number: 274870

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Apr 4, 2016
Sold by
Osullivan-Smith L A and Smith Philip R
Bought by
Gillis Nicholas B and Gillis Lisa W
Seller's Agent
Caren Harrington
William Pitt Sotheby's Int'l
Buyer's Agent
Caren Harrington
William Pitt Sotheby's Int'l
List Price
$549,000
Sold Price
$475,000
Premium/Discount to List
-$74,000
-13.48%
Current Estimated Value
$1,165,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,979
Avg. Annual Appreciation
9.90%
Original Mortgage
$427,500
Outstanding Balance
$339,288
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$826,691

Purchase Details

Closed on
Apr 14, 1999
Sold by
Est Carlen Alexander and Carlen Elizabeth
Bought by
Smith Philip R and Smith Osullivan-Smith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Gillis Nicholas B $475,000 --
Smith Philip R $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Philip R $427,500
Previous Owner Smith Philip R $125,000
Previous Owner Smith Philip R $130,000
Previous Owner Smith Philip R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $475,000 -13.5% $153 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $549,000 -- $177 / 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 $12,491 $456,050 $210,000 $246,050
2024 $12,017 $456,050 $210,000 $246,050
2023 $9,127 $353,640 $210,000 $143,640
2022 $9,357 $329,110 $175,000 $154,110
2021 $9,284 $329,110 $175,000 $154,110
2020 $9,255 $329,110 $175,000 $154,110
2019 $9,255 $329,110 $175,000 $154,110
2018 $9,143 $329,110 $175,000 $154,110
2017 $12,566 $461,830 $277,210 $184,620
2016 $12,326 $461,830 $277,210 $184,620
2015 $12,012 $461,830 $277,210 $184,620
2014 $12,012 $461,830 $277,210 $184,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99121479

SmartMLS

APN: RIDG-000017-C000013