NOT LISTED FOR SALE

38 Olcott Way Unit 38 Ridgefield, CT 06877

Estimated Value: $244,000 - $333,238

1 Bed
1 Bath
920 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $138,000 $150 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • Tennis Courts
  • In Ground Pool
  • Clubhouse
  • Veterans Park Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of January 2023

Heat and Hot Water Included in the Rent. Very nice one bedroom main level unit with close parking space and flat sidewalk to the unit. WASHER & DRYER IN THE UNIT. Great in town location with a short walk to Main Street for concerts in Ballard Park, library, restaurants and movies at the Prospector theater. Walk to Starbucks, and Dunkin Donuts. This condo has a good sized living room, dining area and large bedroom with two closets. Unit has been painted. Newer carpet in the bedroom. The living room sliding glass door leads to a nice outside patio that is great for barbecuing or sitting out in the evening. This is a very pretty section of the complex with lots of green space. Great community pool and tennis. Gym on site (extra charge). Plenty of visitor parking close by. Unit Parking Spot #165 Cable and electric is tenant responsibility as well as renters insurance and 2 months security. MUST HAVE EXCELLENT CREDIT. and Income. Please run credit report through your office and provide proof of employment, complete information for any offers. Please park only in unit spot #165 or a visitor spot marked with a "V". Photos are from a previous tenant- unit easy to show.

Last Agent to Rent the Property

Lori Egan

Keller Williams Realty License #RES.0770736 Listed on: 11/08/2022

Keller Williams Realty

Last Renter's Agent

Lori Egan

Keller Williams Realty License #RES.0770736 Listed on: 11/08/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned R-5-1

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • HardiePlank Siding

Interior Spaces

  • 920 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Shared Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

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

Schools

  • Veterans Park Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant curtains

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include club house, tennis, grounds maintenance, trash pickup, snow removal, heat, hot water, property management, pool service
  • Casagmo Community
  • Property managed by Imagineers

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,075

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Landlord Responsibility: Exterior Maintenance, Heat, Hot Water, Insurance, Real Estate Taxes, Sewer, Snow Removal, Water
  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished, Two Years, Three Years, Four Years
  • Security Deposit Details: 2 months security
  • Smoking Allowed: No
  • Tenant Responsibility: Cable TV, Credit Check, Electricity, Insurance, Maintenance/Repairs

Listing Details

  • Neighborhood: Village Center
  • Property Type: Residential Rental
  • Style: Contemporary, Ranch
  • Sq Ft Est Heated Above Grade: 920
  • Public Record Living Room Sq Ft: 920
  • Total Sq Ft: 920
  • Year Built: 1970
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Medical Facilities, Park, Shopping/Mall, Tennis Courts
  • Association Amenities: Club House, Pool, Tennis Courts
  • Property Sub Type: Condominium Rental
  • Exclusions: Tenant curtains
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Directions: Use Grove Street Entrance, take immediate right,building is on the left. Use visitors parking or parking space #165 if vacant.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Washer and Dryer in the Unit
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Sidewalk, Tennis Court
  • Exterior Siding: Hardie Board
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Property Management, Pool Service
  • Complex Name: Casagmo
  • Levels In Unit: 1
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: sberry@imagineersllc.com
  • Property Manager Name: Suzanne Berry
  • Property Manager Phone: 203-438-1285
  • Property Mgt Company Name: Imagineers
  • Property Mgt Phone: 860-247-2318

Schools

  • Elementary School: Veterans Park
  • Middle School: East Ridge
  • High School: Ridgefield

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 1.0000
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-5-1

Multi Family

  • Total Num Of Units: 300

Tax Info

  • Assessor Parcel Number: 278131

MLS Schools

  • Elementary School: Veterans Park
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
Aug 24, 2016
Sold by
Mckail Jonathan P
Bought by
Narayanan Rajeev and Ramaswami Sudha
Seller's Agent
Kathy Suhoza
Coldwell Banker Realty
Buyer's Agent
Taylor Tait
Houlihan Lawrence
List Price
$159,000
Sold Price
$138,000
Premium/Discount to List
-$21,000
-13.21%
Current Estimated Value
$306,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,810
Avg. Annual Appreciation
8.88%
Original Mortgage
$124,200
Outstanding Balance
$58,837
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,921

Purchase Details

Closed on
Mar 9, 1993
Sold by
Graap Katherine and Graap William R
Bought by
Mckail Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
7.96%
Mortgage Type
Unknown
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
Narayanan Rajeev $138,000 --
Mckail Jonathan $72,618 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckail Jonathan $124,200
Previous Owner Mckail Jonathan $88,700
Previous Owner Mckail Jonathan $90,000
Previous Owner Mckail Jonathan $58,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Rented $1,900 0.0% --
01/18/2023 01/18/23 Under Contract -- -- --
11/21/2022 11/21/22 Price Changed $1,900 -5.0% $2 / Sq Ft
11/08/2022 11/08/22 For Rent $2,000 0.0% --
08/18/2016 08/18/16 Sold $138,000 -13.2% $150 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $159,000 -- $173 / 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 $3,075 $112,280 $0 $112,280
2024 $2,959 $112,280 $0 $112,280
2023 $2,898 $112,280 $0 $112,280
2022 $2,553 $89,810 $0 $89,810
2021 $2,534 $89,810 $0 $89,810
2020 $2,525 $89,810 $0 $89,810
2019 $2,525 $89,810 $0 $89,810
2018 $2,495 $89,810 $0 $89,810
2017 $3,296 $121,120 $0 $121,120
2016 $3,233 $121,120 $0 $121,120
2015 $3,150 $121,120 $0 $121,120
2014 $3,150 $121,120 $0 $121,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170533293

SmartMLS

APN: RIDG-000014-E000681