$138,000
SOLD AUG 18, 2016

38 Olcott Way Unit 38 Ridgefield, CT 06877

1 Bed
1 Bath
920 Sq Ft
1 Acres

Recently Sold

$150 Per Sq Ft

13% Below List Price

161 Days on Market

Highlights

  • Health Club
  • In Ground Pool
  • Ranch Style House
  • Veterans Park Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of August 2016

LIVE IN THE CENTER OF RIDGEFIELD & STROLL TO THE FANTASTIC SHOPS, RESTAURANTS, THEATER & FESTIVITIES! UPDATED MAIN LEVEL GARDEN RANCH W/ OPEN FLOOR PLAN CONCEPT. FRESHLY PAINTED THROUGHOUT. BEAUTIFUL KITCHEN W/NEW APPLIANCES & COUNTERS. NEWLY UPDATED BATH. COMPLEX AMMENITIES FOR YOU TO ENJOY INCLUDE GORGEOUS INGROUND POOL, CLUBHOUSE, GYM, TENNIS, BASKETBALL & VOLLEYBALL COURTS & A HUGE PLAYGROUND. HEAT & WATER INCLUDED IN HOA FEES. NO PETS ALLOWED. BUYER CAN ADD WASHER DRYER (HOOK UP) IN THIS FIRST FLOOR UNIT FOR THEIR CONVENIENCE! DONT MISS OUT ON THIS GREAT OPPORTUNITY. ( BUYER COULD NOT PERFORM)

Last Agent to Sell the Property

Kathy Suhoza

Coldwell Banker Realty License #RES.0772937 Listed on: 12/28/2015

Coldwell Banker Realty

Last Buyer's Agent

Taylor Tait

Houlihan Lawrence License #RES.0803070

Houlihan Lawrence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1970

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 920 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Ridgefield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include grounds maintenance, heat, hot water, property management, pool service
  • 300 Units
  • Casagmo Community

Amenities

  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,150

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Neighborhood: Village Center
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Garden Ranch, 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, Health Club, Playground/Tot Lot, Pool, Tennis Courts
  • Association Amenities: Basketball Court, Club House, Health Club, Playground/Tot Lot, Pool, Tennis Courts
  • 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
  • Directions: GROVE ST TO CASAGMO ENTRANCE. BEAR RIGHT AND ITS ON LEFT.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Lighting
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Paved

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 300

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Heat, Hot Water, Property Management, Pool Service
  • Complex Name: CASAGMO
  • Levels In Unit: 1
  • HOA Fees: 295
  • HOA: Yes
  • Property Manager Email: CASAGMOCONDOS@GMAIL.COM
  • Property Manager Name: JEANNE EBERHARDT
  • Property Manager Phone: (203) 438-1285

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Ridgefield
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Zoning: R-5-1

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3150
  • Total Assessed Value: 121120
  • Mil Rate Total: 26.010
  • Assessor Parcel Number: 278131

Multi Family

  • Total Num Of Units: 300

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • 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 Type Sale Price Title Company
Warranty Deed $138,000 --
Warranty Deed $72,618 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,200 Purchase Money Mortgage
Previous Owner $88,700 No Value Available
Previous Owner $90,000 No Value Available
Previous Owner $58,100 Unknown
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: 99123272

SmartMLS

APN: RIDG-000014-E000681