NOT LISTED FOR SALE

23 E Lake Rd New Fairfield, CT 06812

Estimated Value: $200,000 - $268,000

0.3 Acre
$747,667 Price per Acre
13,068 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $175,000

Est. 18% increase in value since last sale

Current estimated payment $1,312/month

231 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Security Service
  • New Fairfield Middle School Rated A-
  • Tennis Courts
  • Property is near golf course

About This Lot

As of February 2024

Don't miss out on this rare chance to own one of the last buildable lots on Candlewood Isle! This lot is located on the south end and offers stunning western lake views once cleared. The survey and perk test have already been completed and are available for review. Additionally, an engineered septic plan has been ordered and will be included with the sale. Candlewood Isle boasts incredible amenities including gated security, a beautiful clubhouse with panoramic lake views for your social events, 4 tennis/pickleball courts, a basketball/sport court, and even an ice rink during the winter months. Dock spaces are also available for those who enjoy boating. The isle also offers a fantastic children's summer camp, making it the perfect place to build your dream home and create lasting memories. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Trish McFadden

Houlihan Lawrence License #RES.0762428 Listed on: 06/01/2023

Last Buyer's Agent

Joseph Kelley

Houlihan Lawrence License #RES.0809122

Houlihan Lawrence

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,543

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • 2 Lots in the community

Schools

  • Consolidated Elementary School
  • New Fairfield Middle School
  • Meeting House Middle School
  • New Fairfield High School

Additional Features

  • Property is near golf course
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 222931

Community Details

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Bocce Ball Court
  • Community Playground

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,543

Lot Details

0

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Bocci Court, Golf Course, Lake, Library, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Club House, Playground/Tot Lot, Private Rec Facilities, Security Services, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Rt 39 to Candlewood Isle Causeway- through security gate past tennis courts - land on the left
  • Financing Used: Assumed Conventional
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Exterior Features

  • Waterfront Description: Lake Water Community View Walk to Water
  • Road Frontage Description: Private Road, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: None/Unknown
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Schools

  • Intermediate School: Meeting House

Lot Info

  • Acres: 0.3
  • Lot Description: In Subdivision Water View Borders Open Space Lightly Wooded Sloping Lot Treed
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 2
  • Zoning: 1
  • Property Info: Gated Community
  • Parcel #: 222931

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1543

MLS Schools

  • Elementary School: Consolidated
  • Middle Jr High School: New Fairfield
  • High School: New Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jan 30, 2024
Sold by
Buffington Kristen B
Bought by
Osei Achiamah
Seller's Agent
Trish McFadden
Houlihan Lawrence
Buyer's Agent
Joseph Kelley
Houlihan Lawrence
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%
Views
426
Current Estimated Value
$207,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,286
Avg. Annual Appreciation
13.72%
Original Mortgage
$140,000
Outstanding Balance
$138,009
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,291

Purchase Details

Closed on
Jul 17, 1973
Bought by
Burrell Hugh A
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
Osei Achiamah $175,000 None Available
Burrell Hugh A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei Achiamah $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $175,000 -12.3% --
01/18/2024 01/18/24 Pending -- -- --
10/05/2023 10/05/23 Price Changed $199,500 -20.2% --
06/01/2023 06/01/23 For Sale $249,900 -- --
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 $2,852 $108,300 $108,300 $0
2024 $1,614 $44,200 $44,200 $0
2023 $1,543 $44,200 $44,200 $0
2022 $1,435 $44,200 $44,200 $0
2021 $1,392 $44,200 $44,200 $0
2020 $1,352 $44,200 $44,200 $0
2019 $1,394 $45,100 $45,100 $0
2018 $1,379 $45,100 $45,100 $0
2017 $1,345 $45,100 $45,100 $0
2016 $1,287 $45,100 $45,100 $0
2015 $1,287 $45,100 $45,100 $0
2014 $1,174 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170573844

SmartMLS

APN: NFAI-000020-000003-000016-000017