NOT LISTED FOR SALE

256 Reef Rd Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $741,000 - $980,000

3 Beds
2 Baths
1,799 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $500,000 $278 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,006/month

20 Days on Market

Highlights

  • Farmhouse Style Home
  • Attic
  • Walking Distance to Water
  • Roger Sherman Elementary School Rated A
  • No HOA
  • 4-minute walk to Sherman Green

About This Home

As of December 2022

Golden opportunity awaits the remodel teams. Fairfield Beach neighborhood Single Family with 3 Bedrooms, 1 Full, 1 Office on the second floor. First floor with Eat in Kitchen, Living Room, Dining Room, 1 Full Bath. (Public Record: 3 Bed 1 Full. Gross Building Sq Ft 1799.). Has a pull-down tall Attic with window. Unfinished Basement 617 Sq Ft, it is not heated, the entrances are from Kitchen (next to the refrigerator) and back yard (next to the back door). Gas Heat. Fenced large backyard and a shed for storage. It is possible to expand +1500 Sq Ft (The buyer has to do the due diligence). Needs work/ needs to be renovated. (Owner uses the property for storage currently). Convenient to all, walk to the beach, downtown, train station, shops and restaurants.

Last Agent to Sell the Property

Irene Cheung

BHGRE Shore & Country License #RES.0800750 Listed on: 10/02/2022

BHGRE Shore & Country

Last Buyer's Agent

Young Lee

Houlihan Lawrence WD License #RES.0798035

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,937

Year Built

  • Built in 1909

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Kitchen

  • Oven or Range
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Shed
  • Porch

Location

  • Flood Zone Lot

Schools

  • Roger Sherman Elementary School
  • Tomlinson Middle School
  • Fairfield Ludlowe High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,937

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Neighborhood: Beach
  • Property Type: Single Family For Sale
  • Style: Farm House, Victorian
  • Sq Ft Est Heated Above Grade: 1182
  • Public Record Living Room Sq Ft: 1182
  • Sq Ft Est Heated Below Grade: 617
  • Total Sq Ft: 1799
  • Year Built: 1909
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1799
  • Directions: I-95 Exit 21, turn right onto Mill Plain Rd, turn left onto US-1N, turn right onto 256 Reef Rd Fairfield CT 06824
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Unfinished
  • Appliances: Cook Top, Oven/Range, Refrigerator
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Shed
  • Exterior Siding: Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Cement
  • Total Parking Spaces: 3

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1400
  • Lot Description: In Flood Zone, Level Lot, Fence - Wood
  • Flood Zone: Yes
  • Zoning: B

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8937
  • Mil Rate Base: 27.240
  • Assessor Parcel Number: 131925

MLS Schools

  • Elementary School: Roger Sherman
  • Middle Jr High School: Tomlinson
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Dec 9, 2022
Sold by
Zhang Yan Q
Bought by
Et Realty Group Llc
Seller's Agent
Irene Cheung
BHGRE Shore & Country
Buyer's Agent
Young Lee
Houlihan Lawrence WD
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
64
Current Estimated Value
$806,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,630
Avg. Annual Appreciation
17.28%
Original Mortgage
$375,000
Outstanding Balance
$363,276
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$443,354

Purchase Details

Closed on
Oct 1, 2008
Sold by
Hamilton Lisa B
Bought by
Zhang Yan Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,125
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1997
Sold by
Russell Shawn R and Russell Kelly K
Bought by
Hamilton Lisa B

Purchase Details

Closed on
Mar 8, 1995
Sold by
Loschiavo Michael J and Loschiavo Joyce M
Bought by
Russell Shawn R and Cort Kelly K

Purchase Details

Closed on
Mar 21, 1991
Sold by
Clinton Rodney S
Bought by
Loschiavo Michael J
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
Et Realty Group Llc $500,000 None Available
Et Realty Group Llc $500,000 None Available
Zhang Yan Q $333,500 --
Zhang Yan Q $333,500 --
Hamilton Lisa B $162,500 --
Hamilton Lisa B $162,500 --
Russell Shawn R $149,000 --
Russell Shawn R $149,000 --
Loschiavo Michael J $45,000 --
Loschiavo Michael J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Et Realty Group Llc $375,000
Closed Et Realty Group Llc $375,000
Previous Owner Loschiavo Michael J $250,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $500,000 -9.1% $278 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $550,000 -- $306 / 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 $9,314 $328,090 $298,340 $29,750
2024 $9,154 $328,090 $298,340 $29,750
2023 $9,026 $328,090 $298,340 $29,750
2022 $8,937 $328,090 $298,340 $29,750
2021 $8,852 $328,090 $298,340 $29,750
2020 $7,481 $279,230 $238,140 $41,090
2019 $7,481 $279,230 $238,140 $41,090
2018 $7,361 $279,230 $238,140 $41,090
2017 $7,210 $279,230 $238,140 $41,090
2016 $7,106 $279,230 $238,140 $41,090
2015 $7,443 $300,230 $265,370 $34,860
2014 $7,326 $300,230 $265,370 $34,860
Source: Public Records

Agents Affiliated with this Home

  • Irene Cheung

    Seller's Agent in 2022

    Irene Cheung

    BHGRE Shore & Country

    (203) 504-5005

    1 in this area

    111 Total Sales

    Irene Cheung
    Section Image
  • Young Lee

    Buyer's Agent in 2022

    Young Lee

    Houlihan Lawrence WD

    (203) 701-4848

    1 in this area

    35 Total Sales

    Young Lee
    Section Image
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Map

Source: SmartMLS

MLS Number: 170522087

SmartMLS

APN: FAIR-000182-000000-000347

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

256 Reef Rd, Fairfield, CT

Not Listed for Sale

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