NOT LISTED FOR SALE

40 Lake Dr S New Fairfield, CT 06812

Estimated Value: $1,289,000 - $2,531,000

3 Beds
2.5 Baths
2,600 Sq Ft
$776/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $1,600,000 $615 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,841/month

58 Days on Market

Highlights

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

About This Home

As of October 2019

This is an exceptional Candlewood Isle waterfront home where the superb detailing is immediately apparent. Introduced to an open living area with all sights on the lake, large windows, crown molding, an octagonal dining area with speciality lighting. Beautiful chef's kitchen features stunning granite and tile work, speciality woven farm sink, Wolfe, SubZero and Miele appliances.The master wing is only a few steps up with handsome wood detail, gas fireplace, full bath and study. Originally built in 1936, this home was completely rebuilt in 2012 with the exception of the the master suite and the "Rathskeller" Sure to impress any guest with humorous leaded glass windows, gorgeous wood beams, bluestone flooring, full wet bar and the additional 3rd gas fireplace. Two more bedrooms with walk-outs and stunning lake views, a full bath and a granite summer kitchen complete the lower level. New septic, well and propane heat in 2012 as well. The exterior consists of cedar shake siding, faux slate roof, copper turret and amazing stonework. It's all about lake living outside - large fireplace, grilling station, hot tub, irrigation system, Sonos sound system, two docks, boat ramp, oversized shed for your lake toys and multiple patios. Of outstanding quality, this home blends privacy and resort lake living with easy access to NYC and Hartford.

Last Agent to Sell the Property

Trish McFadden

Houlihan Lawrence License #RES.0762428 Listed on: 07/17/2019

Last Buyer's Agent

Trish McFadden

Houlihan Lawrence License #RES.0762428 Listed on: 07/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,235

Year Built

  • Built in 1936

Lot Details

  • 0.45 Acre Lot
  • Lake Front
  • Stone Wall
  • Sprinkler System

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Chateau Architecture
  • European Architecture
  • Concrete Foundation
  • Frame Construction
  • Slate Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Entertainment System
  • Sound System
  • 4 Fireplaces
  • French Doors
  • Bonus Room
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Cooktop
  • Range Hood
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Smart Thermostat

Parking

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

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Shed
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, security service
  • Candlewood Isle Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,235

Year Built

Built in 1936

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Chateau, European
  • Sq Ft Est Heated Above Grade: 2600
  • Public Record Living Room Sq Ft: 1240
  • Total Sq Ft: 2600
  • Year Built: 1936
  • New Construction: Torn Down & Rebuilt
  • Nearby Amenities: Lake, Library, Park, Playground/Tot Lot, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Club House, Playground/Tot Lot, Private Rec Facilities, Security Services, Tennis Courts
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3636
  • Tax Year Updated Dt: 09/09/2019
  • Directions: Route 39 to Candlewood Isle- through gate- straight pass tennis courts onto Lake Dr So to #40 on right side
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Cooled, Liveable Space
  • Interior Amenities: Audio System, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Gas Range, Range Hood, Subzero, Icemaker, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Entertainment System, Security System, Thermostat(s)
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Deck, French Doors, Grill, Hot Tub, Patio, Porch, Shed, Stone Wall, Underground Sprinkler
  • Exterior Siding: Stone, Wood
  • Foundation Type: Concrete
  • Roof Information: Slate
  • Waterfront Description: Direct Waterfront, Lake, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • 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
  • HOA Fees: 2900
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Ridge Vents

Lot Info

  • Acres: 0.4500
  • Lot Description: Water View, Professionally Landscaped
  • Zoning: 1
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 24235
  • Total Assessed Value: 784300
  • Mil Rate Base: 30.900
  • Mil Rate Total: 30.900
  • Tax District Amount: 2900
  • Assessor Parcel Number: 222943

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 17, 2019
Closed on
Oct 9, 2019
Sold by
Murphy Family Candlewood
Bought by
Singer John P and Singer Madlyn A
Seller's Agent
Trish McFadden
Houlihan Lawrence
Buyer's Agent
Trish McFadden
Houlihan Lawrence
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Total Days on Market
58
Current Estimated Value
$2,016,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,455
Avg. Annual Appreciation
2.69%
Original Mortgage
$601,450
Outstanding Balance
$541,317
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,314,221

Purchase Details

Closed on
May 7, 1998
Sold by
Slerp Irina T
Bought by
Murphy Vincent P and Murphy Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 20, 1997
Sold by
Wilber Inc
Bought by
Seibert Peter
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
Singer John P $1,600,000 --
Murphy Vincent P $385,000 --
Seibert Peter $360,000 --
Murphy Vincent P $385,000 --
Seibert Peter $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singer John P $601,450
Previous Owner Seibert Peter $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $1,600,000 -5.6% $615 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,695,000 -- $652 / 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 $34,767 $952,000 $520,100 $431,900
2023 $33,225 $952,000 $520,100 $431,900
2022 $30,911 $952,000 $520,100 $431,900
2021 $29,978 $952,000 $520,100 $431,900
2020 $29,112 $952,000 $520,100 $431,900
2019 $24,235 $784,300 $497,600 $286,700
2018 $23,984 $784,300 $497,600 $286,700
2017 $23,388 $784,300 $497,600 $286,700
2016 $22,376 $784,300 $497,600 $286,700
2015 $22,376 $784,300 $497,600 $286,700
2014 $21,349 $818,600 $517,400 $301,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170217069

SmartMLS

APN: NFAI-000020-000001-000049-000051