NOT LISTED FOR SALE

42 Waters Edge Way Ridgefield, CT 06877

Estimated Value: $940,000 - $1,125,000

3 Beds
2.5 Baths
1,948 Sq Ft
$535/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $975,000 $501 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,839/month

33 Days on Market

Highlights

  • Docks
  • Water Access
  • Deck
  • Barlow Mountain Elementary School Rated A
  • Lake View
  • Contemporary Architecture

About This Home

As of April 2024

This waterfront lake house has been completely redesigned and rebuilt from the studs up. The house finishes are top-of-the-line, with every detail designed for modern living and resource efficiency by the interior designer owner. This multiple-deck home, perched over Fox Hill Lake, is a 10-minute drive from historic downtown Ridgefield and has lake views on three sides. The upper level is designed for entertainment with an open-plan living room, dining room, and kitchen, cathedral ceilings, new oak floors, and a wood-burning fireplace. Two large sliding doors open onto a 28' deck with spectacular views over the lake. The newly built primary bedroom suite has two large walk-in closets, and the primary bathroom is fitted with Rohl plumbing fixtures, heated floors, and towel bars. The functional custom gourmet kitchen boasts a beautiful Azul quartzite countertop and the top-of-the-line Miele refrigerator and Boche appliances. A large walk-in pantry and glass door china cabinet provide excellent storage. The lower second level has two additional bedrooms, a full bathroom, a laundry room, and a study/den area with a walk-out lower deck. Off the carport, at the front of the house, is a separate heated room serving as an art study with water views. Curl up with a book on the 8' window seat or kayak around the lake on a sunny day. This stunning home blends the best outdoor lakeside living with beautiful interiors and modern convenience. Appliances: Electric Water Heater ConstructionDescription: Cedar, Flooring: Carpet, OtherEquipment: Generator,

Last Agent to Sell the Property

Jonathan Cape

Julia B Fee Sothebys Int. Rlty Brokerage Phone: (914) 238-0505 License #10401317826 Listed on: 02/16/2024

Last Buyer's Agent

Melissa Marcogliese

Compass Greater NY, LLC License #10401274539

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,133

Year Built

  • Built in 1974

Lot Details

  • 0.46

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • 1 Fireplace
  • New Windows
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Lake Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • 0.46 Acre Lot

Listing and Financial Details

  • Exclusions: Chandelier(s),Fireplace Equipment,Selected Light Fixtures
  • Assessor Parcel Number 279655

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,133

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Single Family, Contemporary
  • Property SubType: Single Family Residence
  • Levels: Two
  • Exclusions: Chandelier(s),Fireplace Equipment,Selected Light Fixtures
  • Year Built: 1974
  • Attribution Contact: (914) 238-0505
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Private Laundry, Master Downstairs, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Master Bath, Open kitchen, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood, Wall To Wall Carpet
  • Door Features: ENERGY STAR Qualified Doors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Inclusions: Ceiling Fan,Convection Oven,Cook Top,Curtains/Drapes,Dishwasher,Door Hardware,Dryer,Energy Star Appliance(s),Freezer,Mailbox,Microwave,Refrigerator,Screens,Shed,Storm Windows,Wall to Wall Carpet,Washer
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1948
  • Window Features: New Windows, Oversized Windows, ENERGY STAR Qualified Windows, Skylight(s)
  • AtticDescription: Partial,Pull Stairs
  • SquareFootage: 1948.00

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Water Access
  • View: Other, Lake
  • Exterior Features: Dock
  • Patio and Porch Features: Deck, Porch
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Carport, Off Street

Utilities

  • Cooling: Central Air, Ductless, ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Other, Electric, ENERGY STAR Qualified Equipment, Heat Pump
  • Laundry Features: In Unit
  • Sewer: Septic Tank
  • Water Source: Well
  • NumberOfHeatingZones: 5

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.46
  • Parcel Number: 279655

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 11133
  • Tax Map Number: 279655

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 19, 2024
Sold by
Cape Jonathan
Bought by
Fowler Jacob
Seller's Agent
Jonathan Cape
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Melissa Marcogliese
Compass Greater NY, LLC
List Price
$975,000
Sold Price
$975,000
Views
111
Current Estimated Value
$1,042,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,047
Avg. Annual Appreciation
4.16%
Original Mortgage
$828,750
Outstanding Balance
$816,034
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,013

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 30, 2021
Sold by
Murphy Carolyn B and Jenkins Holman
Bought by
Cape Jonathan and Cape Kathleen A
Seller's Agent
Beverly Fairchild
Coldwell Banker Realty
Buyer's Agent
Jonathan Cape
William Pitt Sotheby's Int'l
List Price
$510,000
Sold Price
$550,000
Premium/Discount to List
$40,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.33%
Original Mortgage
$300,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bosshart Karen
Bought by
Murphy Carolyn Burchna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fowler Jacob $975,000 None Available
Fowler Jacob $975,000 None Available
Cape Jonathan $550,000 None Available
Cape Jonathan $550,000 None Available
Murphy Carolyn Burchna $515,000 --
Murphy Carolyn Burchna $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Jacob $828,750
Closed Fowler Jacob $828,750
Previous Owner Cape Jonathan $300,000
Previous Owner Murphy Carolyn Burchna $412,000
Previous Owner Murphy Carolyn Burchna $263,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $975,000 0.0% $501 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/04/2024 03/04/24 Off Market $975,000 -- --
02/16/2024 02/16/24 For Sale $975,000 +77.3% $501 / Sq Ft
07/30/2021 07/30/21 Sold $550,000 +7.8% $298 / Sq Ft View Prior Sale
07/10/2021 07/10/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $510,000 -- $276 / Sq Ft
Source: OneKey® MLS

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 $16,483 $601,790 $235,200 $366,590
2024 $15,857 $601,790 $235,200 $366,590
2023 $11,133 $431,340 $235,200 $196,140
2022 $7,334 $257,980 $129,360 $128,620
2021 $6,599 $214,610 $103,490 $111,120
2020 $6,035 $214,610 $103,490 $111,120
2019 $6,035 $214,610 $103,490 $111,120
2018 $5,962 $214,610 $103,490 $111,120
2017 $6,055 $222,540 $91,060 $131,480
2016 $5,940 $222,540 $91,060 $131,480
2015 $5,788 $222,540 $91,060 $131,480
2014 $5,788 $222,540 $91,060 $131,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6289644

OneKey® MLS

APN: RIDG-000008-F000058