NOT LISTED FOR SALE

38 Lighthouse Point Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $1,365,931 - $1,775,000

4 Beds
2 Baths
1,708 Sq Ft
$943/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $675,000 $395 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $9,941/month

55 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Deck
  • Roger Sherman Elementary School Rated A
  • ENERGY STAR Certified Homes
  • Attic

About This Home

As of April 2019

This rustic 4-bedroom historic home is just steps from the beach and scenic Penfield Reef, known for being one of the best locations in Fairfield for fishing, hunting and boating. Just a mile up the road are great restaurants, boutique shopping and the downtown train station. Included in this listing is the adjacent .10 acre parcel known as 46 Lighthouse Point. The two properties together total .18 acre providing for ample parking, a sizable yard, and plenty of potential. How about fixing it up and making it your own? Or turning it into a lucrative seasonal or year-round rental property? Or building a brand new 3,000+ square foot dream home with views of Long Island Sound? There is even the potential to build TWO homes on this property (Zoning Board of Appeals approval is required). If you have a vision, then don't miss 38/46 Lighthouse Point.

Last Agent to Sell the Property

Alyssa Israel

Cabana West License #RES.0809127 Listed on: 01/05/2019

Last Buyer's Agent

Paul Vimini

Vimini Associates License #RES.0701948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,580

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Property is zoned B1

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 1,708 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer

Parking

  • Parking Deck
  • Private Driveway
  • Unpaved Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,580

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Beach
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1708
  • Public Record Living Room Sq Ft: 1708
  • Total Sq Ft: 1708
  • Year Built: 1920
  • Nearby Amenities: Bocci Court, Golf Course, Health Club, Library, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • In Law Access: Second Floor
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1944
  • Directions: At the end of Reef Road take a right onto Fairfield Beach Road. Take an immediate left onto Lighthouse Point. Take your second left onto the crushed stone driveway at 38 Lighthouse Point.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space
  • Appliances: Electric Range, Gas Range, Refrigerator, Washer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Cedar, Wood
  • Foundation Type: Concrete, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 1300
  • Sewer Usage Fee Annual: 224

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.0800
  • Lot Description: On Cul-De-Sac, Additional Land Avail., In Flood Zone, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: B1

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 11580
  • Total Assessed Value: 439320
  • Mil Rate Base: 26.360
  • Mil Rate Total: 26.360
  • Assessor Parcel Number: 132677

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

Closed on
Jan 24, 2020
Sold by
Penfield Reef Realty Co
Bought by
38 Lighthouse Point Llc
Current Estimated Value
$1,610,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$497,423
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,112,810

Purchase Details

Listed on
Jan 5, 2019
Closed on
Apr 24, 2019
Sold by
Palmer-Fleming Doris and Palmer Sevrin J
Bought by
Penfield Reef Realty Co
Seller's Agent
Alyssa Israel
Cabana West
Buyer's Agent
Paul Vimini
Vimini Associates
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$864,500
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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
38 Lighthouse Point Llc $825,000 None Available
38 Lighthouse Point Llc $825,000 None Available
Penfield Reef Realty Co $453,368 --
Penfield Reef Realty Co $453,368 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 38 Lighthouse Point Llc $560,000
Closed 38 Lighthouse Point Llc $560,000
Previous Owner Penfield Reef Realty Co $864,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $675,000 -9.9% $395 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $749,000 -3.4% $439 / Sq Ft
01/05/2019 01/05/19 For Sale $775,000 -- $454 / 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 $16,832 $592,900 $507,850 $85,050
2024 $16,542 $592,900 $507,850 $85,050
2023 $16,311 $592,900 $507,850 $85,050
2022 $16,151 $592,900 $507,850 $85,050
2021 $15,996 $592,900 $507,850 $85,050
2020 $11,769 $439,320 $364,070 $75,250
2019 $11,769 $439,320 $364,070 $75,250
2018 $11,580 $439,320 $364,070 $75,250
2017 $11,343 $439,320 $364,070 $75,250
2016 $11,181 $439,320 $364,070 $75,250
2015 $14,117 $569,450 $500,290 $69,160
2014 $13,895 $569,450 $500,290 $69,160
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alyssa Israel

    Cabana West

    Section Image

  • P

    Buyer's Agent in 2019

    Paul Vimini

    Vimini Associates

    (203) 981-7351

    1 in this area

    7 Total Sales

    Paul Vimini
    Section Image
  • Peter Vimini

    Buyer Co-Listing Agent in 2019

    Peter Vimini

    Vimini Associates

    (203) 414-6410

    1 Total Sale

    Peter Vimini
    Section Image
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Map

Source: SmartMLS

MLS Number: 170152748

SmartMLS

APN: FAIR-000184-000000-000019

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

38 Lighthouse Point, Fairfield, CT

This home is located at 38 Lighthouse Point, Fairfield, CT 06824 since 05 January 2019 and is currently estimated at $1,610,233, approximately $942 per square foot. This property was built in 1920. 38 Lighthouse Point is a home located in Fairfield County with nearby schools including Roger Sherman Elementary School, Roger Ludlowe Middle School, and Fairfield Ludlowe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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