NOT LISTED FOR SALE

323 Old Dam Rd Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $1,066,006 - $2,178,000

1.34 Acres
$1,328,360 Price per Acre
58,370 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $515,000

Est. 246% increase in value since last sale

Current estimated payment $11,269/month

130 Days on Market

Highlights

  • Beach Access
  • 1.34 Acre Lot
  • Wetlands on Lot
  • Mill Hill School Rated A
  • Property is near public transit
  • No HOA

About This Lot

As of January 2023

Opportunity knocks with this approved building lot located in the coveted Old Dam/Pine Creek neighborhood of Fairfield Beach. All the way at the end of the meandering cul de sac you find a lush, private 1.34 acre lot that overlooks the beautiful salt marsh to the west with breathtaking sunsets. Just a short walk to golf, tennis and the beach, the area also offers nature trails throughout the marsh abundant with wildlife and gorgeous landscape. With so few lots available that boast this sort of quiet, water community appeal, this is quite the chance to build to suit. It is as if this little piece of heaven is hidden away from the rest of the hustle and bustle and you are on a constant vacation when home, yet so close to town, commuting, train and entertainment. Approved by Planning and Zoning and Conservation for the attached plans, the proposed home cannot be expanded, but the interior floorplans can be amended to suit the buyer's needs. Approximately 1600 square feet of living space with potential loggia on the ground level for covered, outdoor living space to truly maximize living in this amazing area. The proposed home will have sweeping views of the salt marsh behind and water views from upper floors. Inquire about property potential and changes to the existing proposed plans.

Last Agent to Sell the Property

Denise Walsh

William Raveis Real Estate License #RES.0761852 Listed on: 06/29/2022

William Raveis Real Estate

Co-Listed By

Jessica Walsh

William Raveis Real Estate License #RES.0788158

Last Buyer's Agent

Terry Keegan

Fairfield County Real Estate License #REB.0755239

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,809

Lot Details

  • 1.34 Acre Lot
  • Cul-De-Sac
  • Legal Non-Conforming

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Mill Hill Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

Recreation

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Wetlands on Lot

Additional Features

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$8,809

Lot Details

0

Listing Details

  • Neighborhood: Beach
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: South Pine Creek to Old Dam. Take Old Dam all the way to the end of the cul de sac and the lot will be on your right.
  • Special Features: None

Exterior Features

  • Waterfront Description: Water Community, Beach Rights, Walk to Water
  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.3400
  • Lot Description: Non Conforming Lot, On Cul-De-Sac, In Flood Zone, Some Wetlands
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot, Lot Staked
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: B

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8809
  • Mil Rate Base: 27.240
  • Assessor Parcel Number: 134913

MLS Schools

  • Elementary School: Mill Hill
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jan 17, 2023
Sold by
Esplanade Llc
Bought by
Shea Michael J
Seller's Agent
Denise Walsh
William Raveis Real Estate
Buyer's Agent
Terry Keegan
Fairfield County Real Estate
List Price
$498,000
Sold Price
$515,000
Premium/Discount to List
$17,000
3.41%
Views
149
Current Estimated Value
$1,780,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,265,002
Avg. Annual Appreciation
54.52%

Purchase Details

Closed on
Oct 31, 2019
Sold by
Epifano Daniel
Bought by
Esplanade Llc

Purchase Details

Closed on
May 26, 1989
Sold by
Costa Angelo P
Bought by
Epifano Daniel
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
Shea Michael J $515,000 None Available
Shea Michael J $515,000 None Available
Esplanade Llc -- --
Esplanade Llc -- --
Esplanade Llc $200,000 --
Esplanade Llc $200,000 --
Epifano Daniel $87,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $515,000 +3.4% --
11/06/2022 11/06/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $498,000 0.0% --
11/01/2022 11/01/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $498,000 -13.4% --
06/29/2022 06/29/22 For Sale $575,000 -- --
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 $22,761 $801,710 $363,020 $438,690
2024 $9,023 $323,400 $323,400 $0
2023 $8,897 $323,400 $323,400 $0
2022 $8,809 $323,400 $323,400 $0
2021 $8,725 $323,400 $323,400 $0
2020 $8,855 $330,540 $330,540 $0
2019 $8,855 $330,540 $330,540 $0
2018 $8,713 $330,540 $330,540 $0
2017 $8,535 $330,540 $330,540 $0
2016 $8,412 $330,540 $330,540 $0
2015 $13,429 $541,730 $541,730 $0
2014 $13,218 $541,730 $541,730 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Walsh

    Seller's Agent in 2023

    Denise Walsh

    William Raveis Real Estate

    (203) 650-1583

    16 in this area

    214 Total Sales

    Denise Walsh
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jessica Walsh

    William Raveis Real Estate

    (617) 501-5320

    14 in this area

    28 Total Sales

    Jessica Walsh
    Section Image
  • Terry Keegan

    Buyer's Agent in 2023

    Terry Keegan

    Fairfield County Real Estate

    (203) 556-5327

    8 in this area

    75 Total Sales

    Terry Keegan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170501877

SmartMLS

APN: FAIR-000234-000000-000224

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

323 Old Dam Rd, Fairfield, CT

Not Listed for Sale

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