NOT LISTED FOR SALE

40 Lake Dr N New Fairfield, CT 06812

Estimated Value: $845,000 - $1,020,759

3 Beds
2 Baths
1,644 Sq Ft
$547/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $615,000 $374 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,745/month

4 Days on Market

Highlights

  • Water Views
  • Deck
  • 1 Fireplace
  • New Fairfield Middle School Rated A-
  • Attic
  • No HOA

About This Home

As of February 2023

This is your chance to own a home with unobstructed water views in a prime location on Candlewood Isle. The water views are astounding from this adorable bungalow perched up high with an oversized circular driveway with parking for plenty of guests. Make this showcase location and home yours by bringing it up a notch to make everything shine. Boasting numerous upgrades in the past year such as, two updated full baths, luxury vinyl plank flooring throughout, refinished family room, a newly paved circular driveway and brand new dishwasher installed 12/22. Floor to ceiling windows line the front of the home on the main floor for stunning sunset views. The living room with fireplace makes for cozy moments and adds charm in the warmer months. The kitchen features newer cabinets and has a door leading right to the patio for grilling and entertaining ease. The primary bedroom has floor to ceiling windows for water views galore. Two more ample sized bedrooms are great for bunk beds and one has a full bath which serves as a terrific guest room. Downstairs the refinished family room has plenty of space for a giant TV, arcade games, pool table, foosball; whatever you like! From the family room you can head out the French doors and walk to the basketball court, tennis court, clubhouse, playground, beach/lake and boat dock. (The Isle is an annual district tax not an HOA.) Seize the opportunity to make the lake living life yours and be ready for the 2023 season!

Last Agent to Sell the Property

Cynthia Hughes

Coldwell Banker Realty License #RES.0800684 Listed on: 01/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Kim Locascio

Coldwell Banker Realty License #RES.0811209

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Sloped Lot
  • Cleared Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • Parking Deck
  • Circular Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • Association fees include club house, tennis, lake/beach access, security service, grounds maintenance, snow removal, road maintenance

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,046

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1292
  • Public Record Living Room Sq Ft: 1292
  • Sq Ft Est Heated Below Grade: 352
  • Total Sq Ft: 1644
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Bocci Court, Golf Course, Health Club, Library, Medical Facilities, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3116
  • Directions: Rte 39 to Candlewood Causeway to Guard House. State showing 40 Lake Dr N. Go left after Guard house and #40 is on your right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out, Partial With Walk-Out, Fully Finished, Heated, Liveable Space
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Stackable in the utility room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Deck, Patio, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Circular, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service, Grounds Maintenance, Snow Removal, Road Maintenance
  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot Description: Cleared, Water View, Sloping Lot
  • Flood Zone: No
  • Zoning: 1
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8046
  • Total Assessed Value: 247800
  • Mil Rate Base: 32.470
  • Mil Rate Total: 32.470
  • Tax District Amount: 916
  • Assessor Parcel Number: 222832

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 5, 2023
Sold by
Greenwood Brad and Greenwood Karen
Bought by
Foley Elisabeth A and Foley James J
Seller's Agent
Cynthia Hughes
Coldwell Banker Realty
Buyer's Agent
Kim Locascio
Coldwell Banker Realty
List Price
$615,000
Sold Price
$615,000
Views
44
Current Estimated Value
$899,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,940
Avg. Annual Appreciation
15.45%

Purchase Details

Listed on
Apr 9, 2021
Closed on
Aug 4, 2021
Sold by
Dephillips John A
Bought by
Greenwood Brad and Greenwood Karen
Seller's Agent
Jackie Calhoun
Coldwell Banker Realty
Buyer's Agent
Cynthia Hughes
Coldwell Banker Realty
List Price
$494,900
Sold Price
$480,000
Premium/Discount to List
-$14,900
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
Original Mortgage
$384,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2011
Sold by
Plevka Margaret P
Bought by
Dephillips John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Foley Elisabeth A $615,000 None Available
Foley Elisabeth A $615,000 None Available
Greenwood Brad $480,000 None Available
Greenwood Brad $480,000 None Available
Dephillips John A $311,000 --
Dephillips John A $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenwood Brad $384,000
Previous Owner Dephillips John A $283,000
Previous Owner Dephillips John A $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2023 02/08/23 Sold $615,000 0.0% $374 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $615,000 +28.1% $374 / Sq Ft
08/04/2021 08/04/21 Sold $480,000 -3.0% $372 / Sq Ft View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $494,900 0.0% $383 / Sq Ft
05/20/2016 05/20/16 Rented $2,600 0.0% --
04/20/2016 04/20/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $2,600 +44.4% --
11/04/2013 11/04/13 Rented $1,800 0.0% --
11/04/2013 11/04/13 For Rent $1,800 -- --
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 $11,464 $435,400 $209,700 $225,700
2024 $5,701 $156,100 $156,100 $0
2023 $8,648 $247,800 $156,100 $91,700
2022 $8,046 $247,800 $156,100 $91,700
2021 $7,230 $229,600 $156,100 $73,500
2020 $7,021 $229,600 $156,100 $73,500
2019 $7,274 $235,400 $159,500 $75,900
2018 $7,199 $235,400 $159,500 $75,900
2017 $7,020 $235,400 $159,500 $75,900
2016 $6,716 $235,400 $159,500 $75,900
2015 $6,716 $235,400 $159,500 $75,900
2014 $5,889 $225,800 $144,500 $81,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170541888

SmartMLS

APN: NFAI-000015-000006-000053-000054