NOT LISTED FOR SALE

318 Silver Spring Rd Ridgefield, CT 06877

Estimated Value: $2,043,284 - $2,547,000

5 Beds
6 Baths
4,750 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $1,340,000 $282 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $14,203/month

196 Days on Market

Highlights

  • Barn
  • Heated In Ground Pool
  • Colonial Architecture
  • Branchville Elementary School Rated A
  • 3.92 Acre Lot
  • Fruit Trees

About This Home

As of July 2018

Absolutely spectacular blend of two historic homes 1740-1750 on a gorgeous 3.9+ acre lot with new heated gunite pool, 3-Car Detached Garage/Barn with loft, incredible flower gardens, stone walls, mature trees, unmatched setting! Significant updates throughout the home plus original chestnut beams & floors plus 7 fireplaces to enjoy! 5 Bedroom 4/2 Baths plus spacious rooms for memorable entertaining. This home has been meticulously renovated to today's conveniences while preserving the vintage integrity. Very special!

Last Agent to Sell the Property

Russell Neumann

Houlihan Lawrence License #REB.0496091 Listed on: 10/19/2017

Houlihan Lawrence

Last Buyer's Agent

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,802

Year Built

  • Built in 1750

Lot Details

  • 3.92 Acre Lot
  • Level Lot
  • Fruit Trees
  • Many Trees
  • Garden
  • Property is zoned RAA

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 4,750 Sq Ft Home
  • 7 Fireplaces
  • Partial Basement
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool

Schools

  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Patio
  • Property is near golf course
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,802

Year Built

Built in 1750

Lot Details

3.92 Acres

Listing Details

  • Neighborhood: South Ridgefield
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 4750
  • Public Record Living Room Sq Ft: 4192
  • Total Sq Ft: 4750
  • Year Built: 1750
  • Nearby Amenities: Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: West Lane to Silver Spring Road house is on your left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 7
  • Basement Description: Partial
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Security System
  • Appliances: Gas Range, Wall Oven, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Attic: No
  • Home Automation: Security System

Exterior Features

  • Exterior Features: Barn, Fruit Trees, Garden Area, Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Gunite
  • Construction Description: Frame, Log

Garage/Parking

  • Garage Parking Info: Detached Garage, Barn
  • Garages Number: 3
  • Driveway Type: Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 3.9200
  • Lot Description: Level Lot, Treed
  • Zoning: RAA

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 26802
  • Mil Rate Base: 27.210
  • Assessor Parcel Number: 279175

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jul 25, 2018
Sold by
Utley Ellen K
Bought by
Panagiotidis Alexandros and Panagiotidis Sarah
Seller's Agent
Russell Neumann
Houlihan Lawrence
Buyer's Agent
Karla Murtaugh
Compass Connecticut, LLC
List Price
$1,450,000
Sold Price
$1,340,000
Premium/Discount to List
-$110,000
-7.59%
Current Estimated Value
$2,297,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,071
Avg. Annual Appreciation
7.38%
Original Mortgage
$1,072,000
Outstanding Balance
$931,102
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,365,969

Purchase Details

Closed on
Aug 8, 1996
Sold by
Blakeslee Katherine T
Bought by
Utley George D and Utley Ellen K

Purchase Details

Closed on
Sep 10, 1993
Sold by
Chiat Jay
Bought by
Blakeslee Kathleen

Purchase Details

Closed on
Aug 1, 1989
Sold by
Lenett Paul
Bought by
Chiat Jay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panagiotidis Alexandros $1,340,000 --
Panagiotidis Alexandros $1,340,000 --
Utley George D $850,000 --
Utley George D $850,000 --
Blakeslee Kathleen $572,845 --
Blakeslee Kathleen $572,845 --
Chiat Jay $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiat Jay $1,072,000
Closed Chiat Jay $1,072,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $1,340,000 -7.6% $282 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $1,450,000 -- $305 / Sq Ft
Source: SmartMLS

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 $28,857 $1,053,570 $363,440 $690,130
2024 $27,762 $1,053,570 $363,440 $690,130
2023 $27,193 $1,053,570 $363,440 $690,130
2022 $27,563 $969,510 $254,410 $715,100
2021 $27,350 $969,510 $254,410 $715,100
2020 $27,263 $969,510 $254,410 $715,100
2019 $27,263 $969,510 $254,410 $715,100
2018 $26,933 $969,510 $254,410 $715,100
2017 $26,802 $985,000 $455,890 $529,110
2016 $26,290 $985,000 $455,890 $529,110
2015 $30,103 $1,157,350 $455,890 $701,460
2014 $30,103 $1,157,350 $455,890 $701,460
Source: Public Records

Agents Affiliated with this Home

  • Russell Neumann

    Seller's Agent in 2018

    Russell Neumann

    Houlihan Lawrence

    (203) 470-4243

    10 in this area

    21 Total Sales

    Russell Neumann
    Section Image
  • Karla Murtaugh

    Buyer's Agent in 2018

    Karla Murtaugh

    Compass Connecticut, LLC

    (203) 856-5534

    229 in this area

    303 Total Sales

    Karla Murtaugh
    Section Image
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Map

Source: SmartMLS

MLS Number: 170025529

SmartMLS

APN: RIDG-000019-E000013

Connecticut Fairfield County Ridgefield 06877

318 Silver Spring Rd, Ridgefield, CT

Not Listed for Sale

Detached

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