NOT LISTED FOR SALE

244 State Route 39 New Fairfield, CT 06812

Estimated Value: $248,000 - $710,000

7 Beds
4 Baths
2,611 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $330,000 $126 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,822/month

78 Days on Market

Highlights

  • Lake Front
  • Public Water Access
  • Secluded Lot
  • New Fairfield Middle School Rated A-
  • Deck
  • No HOA

About This Home

As of March 2019

Charming 4 unit rental property in New Fairfield, fully occupied with long term tenants. 4 separate units each with their own space and water views. Private Lake access to Squantz Pond through waterfront lot included in sale. Property consists of 4 land parcels, one of which is direct waterfront on Squantz Pond. 4 Units are on remaining 3 land parcels. See attachments for property maps. Ability to build 5th unit on existing footprint. Taxes, sq ft, acreage, and assessment is combination of all 4 parcels.

Last Agent to Sell the Property

George Mica

Brickwell Partners LLC License #REB.0790618 Listed on: 08/23/2018

Last Buyer's Agent

George Mica

Brickwell Partners LLC License #REB.0790618 Listed on: 08/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,480

Year Built

  • Built in 1940

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Secluded Lot
  • Sloped Lot
  • Many Trees

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,611 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 6 Car Garage
  • Parking Deck
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $40,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,480

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2611
  • Total Sq Ft: 2611
  • Year Built: 1940
  • Nearby Amenities: Lake, Park
  • Remarks Public Addendum: 4 Units are located on lots 244 Route 39, 246-252 Route 39, and 1c Inglenook. Waterfront lot located on 261 Route 39 is vacant land but may require separate flood insurance for this lot only.
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Online map directions will not be correct. Use 273 Route 39 for directions - driveway is directly across the street from 273.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full With Hatchway, Crawl Space, Unfinished
  • Attic: No
  • Street Number Modifier: 244

Exterior Features

  • Exterior Features: Deck, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, Water Community, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Garages Number: 6
  • Driveway Type: Gravel

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.7000
  • Lot Description: Secluded, Water View, Sloping Lot, Treed
  • Flood Zone: No
  • Zoning: R-44

Multi Family

  • Gross Annual Income: 40764
  • Net Operating Income: 27917
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7480
  • Total Assessed Value: 244600
  • Mil Rate Base: 29.820
  • Mil Rate Total: 30.580
  • Assessor Parcel Number: 224777

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
Aug 23, 2018
Closed on
Mar 25, 2019
Sold by
Yaruss Alan
Bought by
Ulanski Michael
Seller's Agent
George Mica
Brickwell Partners LLC
Buyer's Agent
George Mica
Brickwell Partners LLC
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Current Estimated Value
$483,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,573
Avg. Annual Appreciation
6.00%
Source: Public Records

Range of Values:

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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
Ulanski Michael $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $330,000 -8.3% $126 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $360,000 -- $138 / 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 $3,189 $121,100 $55,300 $65,800
2024 $2,805 $76,800 $49,600 $27,200
2023 $2,680 $76,800 $49,600 $27,200
2022 $2,494 $76,800 $49,600 $27,200
2021 $2,418 $76,800 $49,600 $27,200
2020 $2,349 $76,800 $49,600 $27,200
2019 $2,549 $82,500 $52,900 $29,600
2018 $2,523 $82,500 $52,900 $29,600
2017 $2,460 $82,500 $52,900 $29,600
2016 $2,354 $82,500 $52,900 $29,600
2015 $2,354 $82,500 $52,900 $29,600
2014 $2,245 $86,100 $56,800 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170118125

SmartMLS

APN: NFAI-000006-000004-000088