NOT LISTED FOR SALE

327 Reef Rd Unit 3 Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $1,268,000 - $1,419,000

3 Beds
3 Baths
2,284 Sq Ft
$784/mo HOA Fee

Last Sold February 09, 2024

Last sale price $1,190,000 $521 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,507/month

54 Days on Market

Highlights

  • Beach Access
  • Open Floorplan
  • Property is near public transit
  • Roger Sherman Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of February 2024

LAST UNIT AVAILABLE! This townhome has a private covered entrance that opens to a heated mudroom with built in cabinetry. On the main level you will find an open floor plan for the living room, dining room and kitchen. Stainless steel appliances and an island with a Viking microwave drawer completes the kitchen. The living room has a wall of windows that let in an abundance of natural light and is open to a southern facing veranda to enjoy the outdoors. A bedroom and a full bath complete this level. The upper level has a primary bedroom with 2 walk in closets and a luxurious bathroom. The second bedroom has a walk-in closet that has access to a full bath. The 3rd bedroom/office shares the hall bath. The is an abundance of closet and storage space in this Townhome. Within the townhome there is a framed elevator shaft that may be finished, if desired. In town living at it’s very best! Easy stroll to Fairfield Center, Metro North, shopping, and dining. Fairfield Theatre Company, Town Green and all the best that Fairfield has to offer. Only a 5-minute bike ride to Penfield Beach on spectacular Long Island Sound or a 5 minute walk to train. Square footage is approximate.

Last Agent to Sell the Property

Karen Cross

William Raveis Real Estate License #RES.0772939 Listed on: 12/06/2023

William Raveis Real Estate

Last Buyer's Agent

Lorne Mitchell

William Pitt Sotheby's Int'l License #RES.0818033

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 2023

HOA Fees

  • $784 Monthly HOA Fees

Home Design

  • Frame Construction
  • HardiePlank Siding
  • Stucco Exterior

Interior Spaces

  • 2,284 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops

Schools

  • Roger Sherman Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 131795

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, road maintenance, insurance
  • 9 Units

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,999

Year Built

Built in 2023

Lot Details

0

HOA Fees

$784 per month

Listing Details

  • Neighborhood: Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2284
  • Total Sq Ft: 2284
  • Year Built: 2023
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 36938
  • Condo Model Name: The Reef at Fairfield Beach
  • Directions: Post Rd to Reef or Oldfield to Reef
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 29341
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: NewHome

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: None
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 327
  • Other SqFt Description: New Construction

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Hardie Board, Stucco
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Tandem

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Pest Control, Road Maintenance, Insurance
  • Levels In Unit: 3
  • HOA Fees: 784
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Total Number of Units In Complex: Reef Road

Schools

  • Elementary School: Roger Sherman
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RES
  • Parcel #: 131795

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 9

Tax Info

  • Property Tax: 9999
  • Total Assessed Value: 999999
  • Mil Rate Total: 27.51

MLS Schools

  • Elementary School: Roger Sherman
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 9, 2024
Sold by
Phoenix At Reef Rd Corp
Bought by
Colby Robert B and Colby Marguerite
Seller's Agent
Karen Cross
William Raveis Real Estate
Buyer's Agent
Lorne Mitchell
William Pitt Sotheby's Int'l
List Price
$1,245,000
Sold Price
$1,190,000
Premium/Discount to List
-$55,000
-4.42%
Views
153
Current Estimated Value
$1,345,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,501
Avg. Annual Appreciation
7.73%
Original Mortgage
$500,000
Outstanding Balance
$491,164
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$854,337
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
Colby Robert B $1,190,000 None Available
Colby Robert B $1,190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colby Robert B $500,000
Closed Colby Robert B $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $1,190,000 -4.4% $521 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $1,245,000 -- $545 / 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 $18,736 $659,960 $0 $659,960
2024 $18,413 $659,960 $0 $659,960
Source: Public Records

Agents Affiliated with this Home

  • Karen Cross

    Seller's Agent in 2024

    Karen Cross

    William Raveis Real Estate

    (203) 521-7012

    11 in this area

    68 Total Sales

    Karen Cross
    Section Image
  • Lorne Mitchell

    Buyer's Agent in 2024

    Lorne Mitchell

    William Pitt

    (310) 403-9792

    2 in this area

    2 Total Sales

    Lorne Mitchell
    Section Image
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Map

Source: SmartMLS

MLS Number: 170613364

SmartMLS

APN: FAIR M:182 B:216 L:327

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

327 Reef Rd Unit 3, Fairfield, CT

This home is located at 327 Reef Rd Unit 3, Fairfield, CT 06824 since 06 December 2023 and is currently estimated at $1,345,501, approximately $589 per square foot. This property was built in 2023. 327 Reef Rd Unit 3 is a home located in Fairfield County with nearby schools including Roger Sherman Elementary School, Roger Ludlowe Middle School, and Fairfield Ludlowe High School.

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