NOT LISTED FOR SALE

38 Lake Dr S New Fairfield, CT 06812

Estimated Value: $1,535,000 - $2,032,000

4 Beds
4.5 Baths
2,658 Sq Ft
$643/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $1,975,000 $743 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,497/month

152 Days on Market

Highlights

  • Lake Front
  • Cabana
  • Open Floorplan
  • New Fairfield Middle School Rated A-
  • Sub-Zero Refrigerator
  • Clubhouse

About This Home

As of January 2020

Discover this Quintessential Candlewood Isle Cottage w/exquisite updates, timeless elegance & exceptional water frontage! Dramatic westerly views & enticing sunsets can be viewed from nearly every room. The level lawn lakeside is ideal for outdoor gatherings, BBQ's & summer games. A showcase of premium quality finishes & professionally landscaped gardens w/attention to every detail. Expertly pointed stone walls & walks, ideally situated for ultimate privacy & a lakeside tram for easy access to heated outdoor terraces w/stone fireplace.. The customized plan accommodates visitors & guests comfortably. The gracious, vaulted great room leads to kitchen & covered porch promoting entertaining ease. The custom kitchen w/inset panel cabinetry, stone counters, Subzero, beverage coolers, Wolf range & warming drawer, provide an efficient set up for the Chef. Built-in cabinetry & closets offer ample storage. The private master suite w/sitting room overlooking the lake, dual closets & dramatic bath offer a private retreat for the owner. Two main level guest rooms w/full bath & two lower level guest suites w/full baths & walk-in closets afford guests ultimate privacy & lake views. Custom tile work, sliders to outdoor terraces that bring the outdoors in, detached garage w/storage below, full house generator, twin docks, newer windows, roof, siding( 2011),full power Hurricane shutters, extensive exterior lighting & more! Community tennis, beach, clubhouse complete this Waterfront Dream Home.

Last Agent to Sell the Property

Barbara Sivba

Coldwell Banker Realty License #REB.0756721 Listed on: 07/18/2019

Coldwell Banker Realty

Last Buyer's Agent

Barbara Sivba

Coldwell Banker Realty License #REB.0756721 Listed on: 07/18/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,798

Year Built

  • Built in 1936

Lot Details

  • 0.3 Acre Lot
  • Lake Front
  • Stone Wall
  • Secluded Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • European Architecture
  • Cottage
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • Open Floorplan
  • Sound System
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Screened Porch
  • Water Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Cabana
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Consolidated Elementary School
  • New Fairfield Middle School
  • Meeting House Middle School
  • New Fairfield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hydro-Air Heating System
  • Radiant Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Power Generator
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, lake/beach access, property management, insurance
  • Candlewood Isle Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,798

Year Built

Built in 1936

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cottage, European
  • Sq Ft Est Heated Above Grade: 1800
  • Public Record Living Room Sq Ft: 1668
  • Sq Ft Est Heated Below Grade: 858
  • Total Sq Ft: 2658
  • Year Built: 1936
  • Nearby Amenities: Health Club, Lake, Library, Medical Facilities, Private School(s), Putting Green, Shopping/Mall, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Club House, Guest Parking, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Remarks Public Addendum: B100 for expanded use to 3 BR septic , 4BR fields, permit inlace for screened porch & mudroom addition( 2012).
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4542
  • Tax Year Updated Dt: 09/09/2019
  • Directions: Route 39 to Candlewood Isles Road - ass Gard house to Lake Dr South - # 38 on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Heated, Cooled, Interior Access, Walk-out
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Gas Range, Microwave, Refrigerator, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room, Sitting Room
  • Laundry Room Location: lower level hall
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Cabana, French Doors, Gutters, Lighting, Patio, Porch, Porch-Screened, Stone Wall, Underground Sprinkler
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Hydro Air, Radiant, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access, Property Management, Insurance
  • HOA Fees: 2396
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Karen Hanley
  • Property Manager Phone: 203-746-0220

Schools

  • Elementary School: Consolidated
  • Middle School: New Fairfield
  • High School: New Fairfield
  • Intermediate School: Meeting House

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.3000
  • Lot Description: In Subdivision, Secluded, Water View, Treed, Professionally Landscaped
  • Flood Zone: No
  • Zoning: 1

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 19798
  • Total Assessed Value: 640700
  • Mil Rate Base: 30.900
  • Mil Rate Total: 30.900
  • Assessor Parcel Number: 222942

MLS Schools

  • Elementary School: Consolidated
  • Middle Jr High School: New Fairfield
  • High School: New Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jan 9, 2020
Sold by
Smalley Robert A and Smalley Paula M
Bought by
Schwam Matthew and Schwam Jillian
Seller's Agent
Barbara Sivba
Coldwell Banker Realty
Buyer's Agent
Barbara Sivba
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$1,975,000
Premium/Discount to List
-$175,000
-8.14%
Total Days on Market
152
Current Estimated Value
$1,708,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$266,965
Avg. Annual Appreciation
1.50%
Original Mortgage
$1,000,000
Outstanding Balance
$892,934
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,247,188

Purchase Details

Closed on
Nov 13, 2012
Sold by
Smalley Robert A and Smalley Paula
Bought by
Smalley Robert A and Smalley Paula A

Purchase Details

Closed on
Sep 3, 2010
Sold by
Smalley Robert A
Bought by
Smalley Paula and Smalley Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,000
Interest Rate
4.37%

Purchase Details

Closed on
Jul 14, 2006
Sold by
Dilucente Sally
Bought by
Smalley Robert A and Smalley Randall S

Purchase Details

Closed on
Oct 16, 2001
Sold by
Goodrich James W and Goodrich Fredel K
Bought by
Smalley Robert A and Dilucente Sally
Source: Public Records

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Range of Values:

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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
Schwam Matthew $1,975,000 None Available
Smalley Robert A -- --
Smalley Paula -- --
Smalley Robert A $750,000 --
Smalley Robert A $180,000 --
Smalley Robert A $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smalley Robert A $1,000,000
Previous Owner Smalley Robert A $757,000
Previous Owner Smalley Robert A $763,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $1,975,000 -8.1% $743 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $2,150,000 -- $809 / 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
2024 $26,780 $733,300 $465,800 $267,500
2023 $25,592 $733,300 $465,800 $267,500
2022 $23,810 $733,300 $465,800 $267,500
2021 $23,092 $733,300 $465,800 $267,500
2020 $22,424 $733,300 $465,800 $267,500
2019 $19,798 $640,700 $443,800 $196,900
2018 $19,593 $640,700 $443,800 $196,900
2017 $19,106 $640,700 $443,800 $196,900
2016 $18,375 $640,700 $443,800 $196,900
2015 $18,279 $640,700 $443,800 $196,900
2014 $18,572 $712,100 $473,600 $238,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170217682

SmartMLS

APN: NFAI-000020-000001-000052-000053