NOT LISTED FOR SALE

261 Old Academy Rd Fairfield, CT 06824

Greenfield Hill Neighborhood

Estimated Value: $1,130,188 - $1,360,000

2 Beds
2.5 Baths
2,785 Sq Ft
$445/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $687,000 $247 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,548/month

103 Days on Market

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 2014

Huge 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.

Last Agent to Sell the Property

Kathleen O'Connell

Coldwell Banker Realty License #REB.0793895 Listed on: 05/14/2014

Coldwell Banker Realty

Co-Listed By

Robert Wiederlight

Coldwell Banker Realty License #RES.0751473

Last Buyer's Agent

Dee Braaten

Keller Williams Realty License #RES.0757088

Keller Williams Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,396

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Neighborhood: Greenfield Hill
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1969
  • Public Record Living Room Sq Ft: 1969
  • Sq Ft Est Heated Below Grade: 816
  • Total Sq Ft: 2785
  • Year Built: 1958
  • Nearby Amenities: Golf Course, Library, Park, Public Transportation
  • Association Amenities: Golf Course, Park
  • Remarks Public Addendum: There is a conservation easement - see survey. Sprinkler system "as is" - hasn't been used in a few years.
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3809
  • Directions: Burr to Old Academy (before Mine Hill Road).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch, Pull-Down Stairs
  • Basement Description: Full, Interior Access, Storage, Sump Pump, Unfinished
  • Interior Amenities: Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Foyer
  • Laundry Room Location: Basement
  • Attic: Yes
  • Street Number Modifier: 261

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Porch, Underground Sprinkler
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: Beach Rights, Pond
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Unpaved
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Burr
  • Middle School: Tomlinson
  • High School: Ffld Warde

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 1.1400
  • Lot Description: Level Lot, Some Wetlands, Treed
  • Zoning: AAA

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 13396
  • Total Assessed Value: 549010
  • Mil Rate Total: 24.400
  • Assessor Parcel Number: 129511

MLS Schools

  • Elementary School: Burr
  • Middle Jr High School: Tomlinson
  • High School: Ffld Warde

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%
Current Estimated Value
$1,238,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,047
Avg. Annual Appreciation
4.86%

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
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $11,805 $415,800 $257,670 $158,130
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) 227-8424

    1 in this area

    70 Total Sales

    Kathleen O'Connell
    Section Image

  • 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

    76 Total Sales

    Dee Braaten
    Section Image
  • Jonathan Deak

    Buyer's Agent in 2013

    Jonathan Deak

    Coldwell Banker Realty

    (203) 257-4374

    27 Total Sales

    Jonathan Deak
    Section Image
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Map

Source: SmartMLS

MLS Number: 99065471

SmartMLS

APN: FAIR-000150-000000-000028

Connecticut Fairfield County Fairfield 06824 Greenfield Hill

261 Old Academy Rd, Fairfield, CT

This home is located at 261 Old Academy Rd, Fairfield, CT 06824 since 14 May 2014 and is currently estimated at $1,238,047, approximately $444 per square foot. This property was built in 1958. 261 Old Academy Rd is a home located in Fairfield County with nearby schools including Burr Elementary School, Tomlinson Middle School, and Fairfield Warde High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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