NOT LISTED FOR SALE

40 Olmstead Ln Ridgefield, CT 06877

Estimated Value: $1,861,000 - $1,998,000

4 Beds
6 Baths
5,972 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $1,215,000 $203 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $12,948/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • 4.32 Acre Lot
  • Deck
  • Branchville Elementary School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of September 2014

Absolutely beautiful home in prime South Ridgefield location; numerous upgrades by present owners; pride of ownership; 4 plus acres; gorgeous gunite pool with spa; media room; walk-up attic; large patios; spacious rooms; wonderful kitchen with high end features; do not miss.

Last Agent to Sell the Property

Chip Neumann

Houlihan Lawrence License #RES.0496077 Listed on: 08/02/2014

Houlihan Lawrence

Last Buyer's Agent

Debi Orr

Keller Williams Realty License #REB.0756038

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,713

Year Built

  • Built in 2003

Lot Details

  • 4.32 Acre Lot
  • Level Lot
  • Many Trees

Home Design

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

Interior Spaces

  • Central Vacuum
  • 1 Fireplace
  • French Doors
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Branchville Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: basement bathroom mirror

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,713

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Neighborhood: South Ridgefield
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4793
  • Public Record Living Room Sq Ft: 4793
  • Sq Ft Est Heated Below Grade: 1179
  • Total Sq Ft: 5972
  • Year Built: 2003
  • Exclusions: basement bathroom mirror
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Yes
  • Directions: main street to south olmstead lane, right on olmstead lane, access immediaely on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Fully Finished, Full
  • Interior Amenities: Central Vacuum, Security System
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Balcony, Deck, French Doors, Lighting, Patio
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Gunite, Heated, In Ground Pool, Spa
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Branchville
  • Middle School: East Ridge
  • High School: Ridgefield

Lot Info

  • Acres: 4.3200
  • Lot Description: Level Lot, Treed
  • Zoning: Res

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 18713
  • Total Assessed Value: 719470
  • Mil Rate Total: 26.010
  • Assessor Parcel Number: 278954

MLS Schools

  • Elementary School: Branchville
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2014
Closed on
Sep 3, 2014
Sold by
Larson Aaron and Larson Jody
Bought by
Mezzo Marilyn
Seller's Agent
Chip Neumann
Houlihan Lawrence
Buyer's Agent
Debi Orr
Keller Williams Realty
List Price
$1,249,000
Sold Price
$1,215,000
Premium/Discount to List
-$34,000
-2.72%
Current Estimated Value
$1,935,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,654
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jun 27, 2012
Sold by
Beckwith Mark J
Bought by
Larson Aaron and Larson Jody
Seller's Agent
Laura Ancona
William Pitt Sotheby's Int'l
Buyer's Agent
Laura Ancona
William Pitt Sotheby's Int'l
List Price
$1,295,000
Sold Price
$1,025,000
Premium/Discount to List
-$270,000
-20.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$820,000
Interest Rate
3.78%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bassett Home Bldrs Llc
Bought by
Lavardera Thomas M and Lavardera Linda A
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
Mezzo Marilyn $1,215,000 --
Larson Aaron $1,025,000 --
Lavardera Thomas M $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavardera Thomas M $40,500
Previous Owner Lavardera Thomas M $926,250
Previous Owner Lavardera Thomas M $820,000
Previous Owner Lavardera Thomas M $25,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $1,215,000 -2.7% $203 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $1,249,000 +21.9% $209 / Sq Ft
06/26/2012 06/26/12 Sold $1,025,000 -20.8% $163 / Sq Ft
05/27/2012 05/27/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $1,295,000 -- $205 / 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 $26,481 $1,004,990 $465,500 $539,490
2023 $25,939 $1,004,990 $465,500 $539,490
2022 $22,796 $801,840 $263,890 $537,950
2021 $22,620 $801,840 $263,890 $537,950
2020 $22,548 $801,840 $263,890 $537,950
2019 $22,548 $801,840 $263,890 $537,950
2018 $22,275 $801,840 $263,890 $537,950
2017 $19,577 $719,470 $259,480 $459,990
2016 $19,203 $719,470 $259,480 $459,990
2015 $18,713 $719,470 $259,480 $459,990
2014 $18,713 $719,470 $259,480 $459,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99075302

SmartMLS

APN: RIDG-000017-E000103