261 Old Academy Rd Fairfield, CT 06824
Greenfield Hill NeighborhoodEstimated Value: $968,000 - $1,225,000
2
Beds
2.5
Baths
2,785
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Beach Access
- Golf Course Community
- Cape Cod Architecture
- Burr Elementary School Rated A
- Home fronts a pond
- Property is near public transit
About This Home
As of September 2014Huge price reduction! Investors/contractors take note. Rarely does an opportunity come along to purchase a home on one of the most sought after streets in Greenfield Hill at this price point. This storybook cape with newer wood shingle roof & copper gutters needs minor interior upgrades and exterior TLC (wood rot, painting, landscaping) to bring back its' splendor, and is priced with that in mind. Upstairs library also acts as additional guest space. Updated electrical, and Thermo Pride furnace. The bucolic setting of this charming home set among much larger estates, is one of a kind. This home is awaiting a new owner who can bring the house back to what it once was, and who understands the value of living on Old Academy Road.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,396
Year Built
- Built in 1958
Lot Details
- 1.14 Acre Lot
- Home fronts a pond
- Level Lot
- Sprinkler System
- Many Trees
- Property is zoned AAA
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Shingle Roof
- Wood Siding
- Clap Board Siding
- Concrete Siding
Interior Spaces
- 1 Fireplace
- Entrance Foyer
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Attic
- Pull Down Stairs to Attic
- Attic or Crawl Hatchway Insulated
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Laundry in Basement
- Basement Storage
Home Security
- Home Security System
- Storm Windows
- Storm Doors
Parking
- 2 Car Attached Garage
- Unpaved Parking
Outdoor Features
- Beach Access
- Wetlands on Lot
- Patio
- Exterior Lighting
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near a golf course
Schools
- Burr Elementary School
- Tomlinson Middle School
- Ffld Warde High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Fuel Tank Located in Basement
Community Details
Recreation
- Golf Course Community
- Park
Additional Features
- No Home Owners Association
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2014
Closed on
Sep 29, 2014
Sold by
James Paul and Hahn Tracey
Bought by
Fenty David and Fenty Janet
Seller's Agent
Kathleen O'Connell
Coldwell Banker Realty
Buyer's Agent
Dee Braaten
Keller Williams Realty
List Price
$779,000
Sold Price
$687,000
Premium/Discount to List
-$92,000
-11.81%
Total Days on Market
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,949
Avg. Annual Appreciation
4.68%
Purchase Details
Closed on
May 24, 2004
Sold by
Wiederlight Robert H
Bought by
James Paul and Hahn Tracey E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,250
Interest Rate
5.75%
Purchase Details
Closed on
Mar 16, 1990
Sold by
Kelley Robert E
Bought by
Gillespie Dennis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
10.02%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in Fairfield, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fenty David | $687,000 | -- | |
| Fenty David | $687,000 | -- | |
| James Paul | $1,039,000 | -- | |
| James Paul | $1,039,000 | -- | |
| Gillespie Dennis K | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gillespie Dennis K | $779,250 | |
| Previous Owner | Gillespie Dennis K | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2014 09/26/14 | Sold | $687,000 | -11.8% | $247 / Sq Ft |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- |
| 05/14/2014 05/14/14 | For Sale | $779,000 | 0.0% | $280 / Sq Ft |
| 01/03/2013 01/03/13 | Rented | $3,200 | -11.1% | -- |
| 12/04/2012 12/04/12 | Under Contract | -- | -- | -- |
| 08/23/2012 08/23/12 | For Rent | $3,600 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,601 | $415,800 | $257,670 | $158,130 |
| 2023 | $11,439 | $415,800 | $257,670 | $158,130 |
| 2022 | $11,326 | $415,800 | $257,670 | $158,130 |
| 2021 | $4,461 | $415,800 | $257,670 | $158,130 |
| 2020 | $12,889 | $481,110 | $312,340 | $168,770 |
| 2019 | $12,889 | $481,110 | $312,340 | $168,770 |
| 2018 | $12,682 | $481,110 | $312,340 | $168,770 |
| 2017 | $12,422 | $481,110 | $312,340 | $168,770 |
| 2016 | $12,244 | $481,110 | $312,340 | $168,770 |
| 2015 | $13,610 | $549,010 | $356,650 | $192,360 |
| 2014 | $13,396 | $549,010 | $356,650 | $192,360 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen O'Connell
Seller's Agent in 2014
Kathleen O'Connell
Coldwell Banker Realty
(203) 858-2590
1 in this area
67 Total Sales
-
R
Seller Co-Listing Agent in 2014
Robert Wiederlight
Coldwell Banker Realty
-
Dee Braaten
Buyer's Agent in 2014
Dee Braaten
Keller Williams Realty
(203) 240-6120
77 Total Sales
-
Jonathan Deak
Buyer's Agent in 2013
Jonathan Deak
Coldwell Banker Realty
(203) 257-4374
32 Total Sales
Map
Source: SmartMLS
MLS Number: 99065471
APN: FAIR-000150-000000-000028
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