NOT LISTED FOR SALE

317 Bennetts Farm Rd Ridgefield, CT 06877

Estimated Value: $509,000 - $543,527

2 Beds
1 Bath
980 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $428,000 $437 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,427/month

74 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Laundry Room
  • Ridgebury Elementary School Rated A
  • Attic
  • Property is near shops

About This Home

As of October 2022

**HUGE PRICE REDUCTION** Feel like you are on vacation year-round in this fabulous lakeside offering just 60 miles from NYC. Whether sitting around your fire pit or in your Adirondack chairs having coffee, living on Rainbow Lake is a year-round oasis & a vibrant community. Swim, fish, kayak, skate, & enjoy walking on miles of peaceful roads around the lake, w/ spectacular views. Additionally, the best hiking in Fairfield County is just outside your back door & boasts 1800 contiguous acres of open space! This home offers an open concept, a brand new kitchen featuring custom granite countertops and open shelving, an updated bathroom complete with granite countertops and double sinks. This home features huge floor-to-ceiling windows affording gorgeous views of the lake and its wildlife. Beautiful hardwood floors throughout the upstairs, spacious master bedroom with a walk-in closet, and large windows facing the lake. The guest bedroom has a large closet and charming built-in drawers offering ample storage. This home has a peaceful, fenced-in backyard perfect for entertaining or relaxing, and a short path to your private dock. Stone-built grille awaits your next gathering. The property includes a large shed. Rainbow Lake has 2 sandy beaches for your family's enjoyment or to meet new friends. Ridgefield was just named CT's first Arts & Cultural District, & offers fabulous restaurants, shops, museums, performance venues, & endless recreation options!

Last Agent to Sell the Property

Alan Chambers

eXp Realty License #RES.0797373 Listed on: 06/18/2022

eXp Realty

Last Buyer's Agent

Kara Morgan

Houlihan Lawrence License #RES.0817838

Houlihan Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,671

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Lake Front
  • Property is zoned RAA

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 980 Sq Ft Home
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Garage
  • Off-Street Parking

Location

  • Property is near shops

Schools

  • Ridgefield High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,671

Year Built

Built in 1950

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Neighborhood: North Ridgefield
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 980
  • Public Record Living Room Sq Ft: 612
  • Total Sq Ft: 980
  • Year Built: 1950
  • Nearby Amenities: Lake, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/11/2022
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 317

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 350
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Ridgefield

Lot Info

  • Acres: 0.1300
  • Lot Description: Water View
  • Zoning: RAA

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4671
  • Total Assessed Value: 164300
  • Mil Rate Base: 28.430
  • Mil Rate Total: 28.430
  • Assessor Parcel Number: 277025

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Oct 6, 2022
Sold by
Sussman Charles M Est
Bought by
Asbury Evangeline M
Seller's Agent
Alan Chambers
eXp Realty
Buyer's Agent
Kara Morgan
Houlihan Lawrence
List Price
$539,000
Sold Price
$428,000
Premium/Discount to List
-$111,000
-20.59%
Views
68
Current Estimated Value
$528,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,382
Avg. Annual Appreciation
6.02%
Original Mortgage
$328,000
Outstanding Balance
$315,352
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$194,153

Purchase Details

Closed on
Dec 6, 2010
Sold by
Sussman Charles M
Bought by
Connecticut Cmnty Bk
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
Asbury Evangeline M $428,000 None Available
Connecticut Cmnty Bk $67,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asbury Evangeline M $328,000
Previous Owner Connecticut Cmnty Bk $131,900
Previous Owner Connecticut Cmnty Bk $224,000
Previous Owner Connecticut Cmnty Bk $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $428,000 -1.6% $437 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $435,000 -12.8% $444 / Sq Ft
07/10/2022 07/10/22 Price Changed $499,000 -7.4% $509 / Sq Ft
06/25/2022 06/25/22 For Sale $539,000 -- $550 / 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 $7,161 $261,450 $159,040 $102,410
2024 $6,889 $261,450 $159,040 $102,410
2023 $4,936 $191,240 $159,040 $32,200
2022 $4,671 $164,300 $132,560 $31,740
2021 $4,656 $164,300 $132,560 $31,740
2020 $4,620 $164,300 $132,560 $31,740
2019 $4,620 $164,300 $132,560 $31,740
2018 $4,564 $164,300 $132,560 $31,740
2017 $4,218 $155,010 $123,200 $31,810
2016 $4,137 $155,010 $123,200 $31,810
2015 $4,032 $155,010 $123,200 $31,810
2014 $4,032 $155,010 $123,200 $31,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170501416

SmartMLS

APN: RIDG-000007-E000110