NOT LISTED FOR SALE

331 Reef Rd Unit 5 Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $1,306,000 - $1,493,000

3 Beds
3 Baths
2,771 Sq Ft
$350/mo HOA Fee

Last Sold November 03, 2023

Last sale price $1,195,000 $431 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,472/month

69 Days on Market

Highlights

  • Open Floorplan
  • Mud Room
  • Enclosed Patio or Porch
  • Roger Sherman Elementary School Rated A
  • Balcony
  • Tankless Water Heater

About This Home

As of November 2023

Welcome to 331 Reef Rd #5, Finely built with a well-accomplished layout! This is next up as unit 5 for the project! Beautifully positioned with a gorgeous view! The Reef at Fairfield Beach, 9 Luxury townhomes with a centralized location to downtown & the beach! Upon entry take note of the heated mudroom w/a catch-all organizational space, store 3+ cars in the garage, or customize to finish your lower level w/ an accessory room. Striking kitchen with 5 series Viking grade appliances, built-in refrigerator, microwave drawer, beautiful 2.5-inch kitchen island countertops. Posh, polished chrome fixtures throughout. Multiple closets are offered throughout this home. The coast meets downtown, what a pleasure to visit this newly built masterpiece. South-facing balconies for brilliant natural light. 57" height Anderson windows provide your grande-scale living. Main level floor bedroom suite, primary ensuite on the 2nd floor, study or guest quarters, and additional bedroom suite. Elevator optional!

Last Agent to Sell the Property

Elizabeth Altobelli

William Raveis Real Estate License #RES.0795068 Listed on: 07/20/2023

William Raveis Real Estate

Last Buyer's Agent

Katie O'Grady

Compass Connecticut, LLC License #RES.0764194

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | Under Construction

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • HardiePlank Siding
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • 2,771 Sq Ft Home
  • Open Floorplan
  • Mud Room
  • Entrance Foyer

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Garage Access

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Roger Sherman Elementary School
  • Fairfield Ludlowe High School

Utilities

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

Community Details

Overview

  • 9 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Neighborhood: Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2771
  • Total Sq Ft: 2771
  • Year Built: 2023
  • New Construction: Under Construction
  • Nearby Amenities: Golf Course, Health Club, Paddle Tennis, Park, Putting Green, Shopping/Mall, Tennis Courts
  • In Law Access: Lower Level
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: Yes
  • Condo Model Name: Unit 5
  • Directions: Reef Road * The Reef at Fairfield Beach
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: NewHome

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Unfinished, Garage Access, Walk-out
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Range, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room
  • Laundry Room Location: Second Floor Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 331

Exterior Features

  • Exterior Features: Balcony, Porch, Porch-Enclosed
  • Exterior Siding: Hardie Board, Stucco
  • Waterfront Description: Water Community Beach Rights Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Under House Garage, 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

  • Levels In Unit: 2
  • HOA Fees: 350
  • HOA Fee Frequency: Monthly
  • Total Number of Units In Complex: Reef Road

Schools

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

Lot Info

  • Zoning: res
  • Parcel #: 999999999

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 9

Tax Info

  • Property Tax: 999999
  • Total Assessed Value: 999999
  • Mil Rate Total: 27.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Nov 15, 2023
Sold by
Phoenix At Reef Rd Corp
Bought by
Golen Francis S and Golen Andrea
Seller's Agent
Elizabeth Altobelli
William Raveis Real Estate
Buyer's Agent
Katie O'Grady
Compass Connecticut, LLC
List Price
$1,195,000
Sold Price
$1,195,000
Views
84
Current Estimated Value
$1,391,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,910
Avg. Annual Appreciation
8.27%

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 27, 2023
Sold by
Phoenix At Reef Rd Corp
Bought by
Golen Francis S and Golden Andrea
Seller's Agent
Elizabeth Altobelli
William Raveis Real Estate
Buyer's Agent
Katie O'Grady
Compass Connecticut, LLC
List Price
$1,195,000
Sold Price
$1,195,000
Views
84
Source: Public Records

Range of Values:

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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
Golen Francis S $1,195,000 None Available
Golen Francis S $1,195,000 None Available
Golen Francis S $1,195,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $1,195,000 0.0% $431 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $1,195,000 -- $431 / 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 $20,567 $724,430 $0 $724,430
2024 $20,212 $724,430 $0 $724,430
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Altobelli

    Seller's Agent in 2023

    Elizabeth Altobelli

    William Raveis Real Estate

    (914) 396-6338

    10 in this area

    66 Total Sales

    Elizabeth Altobelli
    Section Image
  • Katie O'Grady

    Buyer's Agent in 2023

    Katie O'Grady

    Compass Connecticut, LLC

    (203) 913-7777

    33 in this area

    182 Total Sales

    Katie O'Grady
    Section Image
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Map

Source: SmartMLS

MLS Number: 170586003

SmartMLS

APN: FAIR M:182 B:216 L:331

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

331 Reef Rd Unit 5, Fairfield, CT

This home is located at 331 Reef Rd Unit 5, Fairfield, CT 06824 since 20 July 2023 and is currently estimated at $1,391,910, approximately $502 per square foot. This property was built in 2023. 331 Reef Rd Unit 5 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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