NOT LISTED FOR SALE

48 E Ridge Rd Ridgefield, CT 06877

Estimated Value: $2,989,433 - $3,612,000

6 Beds
4.5 Baths
6,163 Sq Ft
$538/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $2,300,000 $373 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $22,176/month

370 Days on Market

Highlights

  • Heated In Ground Pool
  • Sub-Zero Refrigerator
  • Property is near public transit
  • Veterans Park Elementary School Rated A
  • Colonial Architecture
  • 4-minute walk to Ciuccoli Field

About This Home

As of November 2020

A young Jackie Bouvier Kennedy spent summers visiting her aunt at Tower Cottage & probably walked around town as much as the current owners do! An architectural treasure featuring original detailing & charm, yet also perfectly suited for a modern lifestyle, the extensively restored Queen Anne Victorian is the definition of an iconic property. Beautifully sited on a ridge high above everything Ridgefield has to offer incl the Prospector Theatre, dog park, sporting amenities, 5-star restaurants, boutique shopping & schools, living at Tower Cottage is also offers an ideal location for commuting to Manhattan w/the Katonah Train Station shuttle stopping only steps away. In addition to reducing your carbon footprint by living in town, Tower Cottage offers an impressive wrap-around porch, well-proportioned rooms, 10-foot ceilings, 4 fireplaces & classic architectural details that cannot be reproduced today. The new kitchen features white custom cabinetry, Carrera marble countertops, Bertazzoni stove, two wall ovens, separate full-size SubZero refrigerator & freezer units, & the original coal stove. Other rooms incl formal dining room, living room, breakfast room, butler’s pantry, vaulted family room, updated baths & 6 bedrooms. Expansive views of the lawn, gardens, or heated gunite pool can be enjoyed from every window, but are most impressive from the three-story turret which includes the 1st flr library, 2nd flr master & 3rd flr study. Truly the definition of a Signature Property.

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 09/19/2019

Compass Connecticut, LLC

Last Buyer's Agent

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 09/19/2019

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,128

Year Built

  • Built in 1880

Lot Details

  • 1.65 Acre Lot
  • Level Lot
  • Sprinkler System
  • Many Trees
  • Garden
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Clap Board Siding
  • Shingle Siding

Interior Spaces

  • 6,163 Sq Ft Home
  • 4 Fireplaces
  • Entrance Foyer
  • Concrete Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Sub-Zero Refrigerator
  • Ice Maker
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Veterans Park Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Underground Utilities
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Please ask agent for full list of inclusions and exclusions

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,128

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Village Center
  • Property Type: Single Family For Sale
  • Style: Colonial, Victorian
  • Sq Ft Est Heated Above Grade: 6163
  • Public Record Living Room Sq Ft: 5336
  • Total Sq Ft: 6163
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Exclusions: Please ask agent for full list of inclusions and exclusions
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 08/24/2020
  • Directions: Main Street to Governor Street. R on East Ridge, #48 on left , driveway to left of house when looking at from street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access, Storage, Sump Pump
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Gas Cooktop, Gas Range, Wall Oven, Subzero, Icemaker, Disposal, Washer, Electric Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Garden Area, Gutters, Porch-Wrap Around, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Shingle, Clapboard
  • Foundation Type: Concrete, Stone
  • Roof Information: Slate
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Safety Fence, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Private, Circular, Asphalt

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 470

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Veterans Park
  • Middle School: East Ridge
  • High School: Ridgefield

Green Features

  • Energy Features: Programmable Thermostat, Storm Doors, Storm Windows

Lot Info

  • Acres: 1.6500
  • Lot Description: Dry, Level Lot, Sloping Lot, Treed, Professionally Landscaped
  • Zoning: RA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 38128
  • Total Assessed Value: 1355910
  • Mil Rate Base: 28.120
  • Mil Rate Total: 28.120
  • Assessor Parcel Number: 278627

MLS Schools

  • Elementary School: Veterans Park
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 5, 2020
Sold by
Simon Beth
Bought by
Smith William J and Smith Jennifer L
Seller's Agent
Karla Murtaugh
Compass Connecticut, LLC
Buyer's Agent
Karla Murtaugh
Compass Connecticut, LLC
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$3,316,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,608
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Apr 8, 2012
Closed on
Mar 8, 2013
Sold by
Marcis Richard G and Marcis Lisa A
Bought by
Simon Beth
Seller's Agent
Jack Lehman
Coldwell Banker Realty
Buyer's Agent
Lisa Briscoe
William Raveis Real Estate
List Price
$1,949,000
Sold Price
$1,950,000
Premium/Discount to List
$1,000
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$1,408,000
Interest Rate
3.45%

Purchase Details

Closed on
Jan 14, 1993
Sold by
Johnson Shirley
Bought by
Mucchetti Stephen and Mucchetti Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,200
Interest Rate
4.38%
Mortgage Type
Unknown
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
Smith William J $2,300,000 None Available
Simon Beth $1,950,000 --
Mucchetti Stephen $827,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mucchetti Stephen $1,408,000
Previous Owner Mucchetti Stephen $176,000
Previous Owner Mucchetti Stephen $750,000
Previous Owner Mucchetti Stephen $754,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $2,300,000 0.0% $373 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $2,300,000 0.0% $373 / Sq Ft
09/19/2020 09/19/20 Off Market $2,300,000 -- --
03/03/2020 03/03/20 Price Changed $2,300,000 -4.0% $373 / Sq Ft
09/19/2019 09/19/19 For Sale $2,395,000 +22.8% $389 / Sq Ft
03/08/2013 03/08/13 Sold $1,950,000 +0.1% $317 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
04/08/2012 04/08/12 For Sale $1,949,000 -- $316 / 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 $45,249 $1,717,240 $425,460 $1,291,780
2023 $44,322 $1,717,240 $425,460 $1,291,780
2022 $38,549 $1,355,910 $283,640 $1,072,270
2021 $38,250 $1,355,910 $283,640 $1,072,270
2020 $38,128 $1,355,910 $283,640 $1,072,270
2019 $38,128 $1,355,910 $283,640 $1,072,270
2018 $37,667 $1,355,910 $283,640 $1,072,270
2017 $36,731 $1,349,900 $292,430 $1,057,470
2016 $36,029 $1,349,900 $292,430 $1,057,470
2015 $35,111 $1,349,900 $292,430 $1,057,470
2014 $35,111 $1,349,900 $292,430 $1,057,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170231439

SmartMLS

APN: RIDG-000015-E000208