NOT LISTED FOR SALE

242 Melody Ln Fairfield, CT 06824

University Neighborhood

Estimated Value: $510,000 - $697,000

3 Beds
1.5 Baths
1,731 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $391,125 $226 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,721/month

25 Days on Market

Highlights

  • Beach Access
  • Open Floorplan
  • Property is near public transit
  • Osborn Hill Elementary School Rated A
  • Deck
  • Partially Wooded Lot

About This Home

As of July 2021

Great opportunity to own this spacious, remodeled condo conveniently located to shopping, restaurants and easy commuting access. A remodeled cook's kitchen featuring stainless steel appliances, granite countertops, and ample cabinets with custom details. The spacious dining room is open to a stepdown living room with sliding doors leading to a deck. Both the living and dining room features crown molding and laminate floors. The second level is home to the master bedroom which offers a walk-in closet and easy access to the main remodeled full bath. A bonus to the master bedroom is the sliding doors which leads to a deck. A second bedroom complete this level. The third level offers an additional bedroom. All three bedrooms have hardwood floors. The finished lower level offers a rec/playroom, laundry room and storage. DON'T MISS THIS EXCEPTIONAL BUY!

Last Agent to Sell the Property

Mary Autuori

Coldwell Banker Realty License #RES.0023664 Listed on: 05/14/2021

Coldwell Banker Realty

Last Buyer's Agent

Cristy Dow

William Raveis Real Estate License #RES.0810383

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 1974

Lot Details

  • 6,403

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Frame Construction
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • Parking Deck
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Beach Access
  • Public Water Access
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Partially Wooded Lot

Listing and Financial Details

  • Exclusions: Free Standing Fireplace

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control
  • 44 Units
  • Melody Lane Community
  • Property managed by D A Rich Company

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,506

Year Built

Built in 1974

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Neighborhood: University
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1355
  • Public Record Living Room Sq Ft: 1355
  • Sq Ft Est Heated Below Grade: 376
  • Total Sq Ft: 1731
  • Year Built: 1974
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Playground/Tot Lot, Private School(s), Public Transportation, Shopping/Mall
  • Remarks Public Addendum: IMPROVEMENTS: Remodeled Kitchen & Baths, Main Level Flooring, Railing to Second Floor and Stepdown Living Room, Windows, Furnace, Air Conditioning Condenser Unit and Hot Water Heater. Must wear face mask in home.
  • Property Sub Type: Condominium
  • Exclusions: Free Standing Fireplace
  • Handicap Features: Bath Grab Bars
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 2205
  • Directions: Stillson Rd. to Melody Lane
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full, Partially Finished, Cooled, Interior Access, Liveable Space, Storage
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Water Community, Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Parking Lot

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control
  • Complex Name: Melody Lane
  • HOA Fees: 315
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Tom Rich
  • Property Manager Phone: 203-375-1678
  • Property Mgt Company Name: D A Rich Company

Lot Info

  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: DRD1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5506
  • Mil Rate Base: 26.790
  • Assessor Parcel Number: 122645

Multi Family

  • Total Num Of Units: 44

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
May 14, 2021
Closed on
Jul 15, 2021
Sold by
Major Janice
Bought by
Colgan Patricia M
Seller's Agent
Mary Autuori
Coldwell Banker Realty
Buyer's Agent
Cristy Dow
William Raveis Real Estate
List Price
$390,000
Sold Price
$391,125
Premium/Discount to List
$1,125
0.29%
Current Estimated Value
$564,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,091
Avg. Annual Appreciation
8.73%
Original Mortgage
$277,500
Outstanding Balance
$251,788
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,428

Purchase Details

Closed on
Aug 1, 2005
Sold by
Danilowicz Thomas S
Bought by
Major Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
5.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colgan Patricia M $391,125 None Available
Colgan Patricia M $391,125 None Available
Major Janice $377,900 --
Major Janice $377,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colgan Patricia M $277,500
Closed Colgan Patricia M $277,500
Previous Owner Major Janice $225,000
Previous Owner Major Janice $213,760
Previous Owner Major Janice $207,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $391,125 +0.3% $226 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $390,000 -- $225 / 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 $5,233 $184,310 $0 $184,310
2024 $5,142 $184,310 $0 $184,310
2023 $5,070 $184,310 $0 $184,310
2022 $5,021 $184,310 $0 $184,310
2021 $4,973 $184,310 $0 $184,310
2020 $5,506 $205,520 $0 $205,520
2019 $5,506 $205,520 $0 $205,520
2018 $5,418 $205,520 $0 $205,520
2017 $5,307 $205,520 $0 $205,520
2016 $5,230 $205,520 $0 $205,520
2015 $5,605 $226,100 $0 $226,100
2014 $5,517 $226,100 $0 $226,100
Source: Public Records

Agents Affiliated with this Home

  • Mary Autuori

    Seller's Agent in 2021

    Mary Autuori

    Coldwell Banker Realty

    (203) 331-3687

    1 in this area

    4 Total Sales

    Mary Autuori
    Section Image
  • Cristy Dow

    Buyer's Agent in 2021

    Cristy Dow

    William Raveis Real Estate

    (203) 450-7258

    10 in this area

    21 Total Sales

    Cristy Dow
    Section Image
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Map

Source: SmartMLS

MLS Number: 170399520

SmartMLS

APN: FAIR-000076-000310-A000242

Connecticut Fairfield County Fairfield 06824 University

242 Melody Ln, Fairfield, CT

Not Listed for Sale

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