NOT LISTED FOR SALE

48 Edgewater Commons Ln Unit 48 Westport, CT 06880

Compo Neighborhood

Estimated Value: $830,000

2 Beds
2.5 Baths
1,782 Sq Ft
$550/mo HOA Fee

Last Sold October 30, 2020

Last sale price $560,000 $314 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,520/month

64 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • 1 Car Detached Garage
  • Green's Farms School Rated A+
  • Walking Distance to Water
  • Awning

About This Home

As of October 2020

Psst, want to know a secret? This intimate, 25 unit condo complex is walking distance to Compo Beach! Edgewater Commons is in the best location to easily access one of the most favored places in Westport, Compo Beach! Aside from location this unit has many, many updates including a new kitchen, new Carrier heat and AC system, new Anderson sliding doors to new deck, updated bathrooms, totally redesigned and planted garden and so much more. These condos do not come available that often and the last one that sold in here did not even hit the market. Be the first to check out this lovingly maintained beautiful condo, just move your furniture in and head to the beach!
More pictures to come!

Last Agent to Sell the Property

Toni Mickiewicz

William Pitt Sotheby's Int'l License #RES.0777093 Listed on: 07/01/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Debra Shaughnessy

Coldwell Banker Realty License #RES.0778821

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1985

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • Awning

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

  • Greens Farms Elementary School
  • Bedford Middle School
  • Staples High School

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Grab Bar In Bathroom
  • Property is near a golf course

Listing and Financial Details

  • Exclusions: see attachment

Community Details

Overview

  • Association fees include grounds maintenance
  • 25 Units
  • Edgewater Commons Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,922

Year Built

Built in 1985

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Neighborhood: Compo Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1500
  • Public Record Living Room Sq Ft: 1500
  • Sq Ft Est Heated Below Grade: 282
  • Total Sq Ft: 1782
  • Year Built: 1985
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Pool
  • Property Sub Type: Condominium
  • Exclusions: see attachment
  • Handicap Features: Bath Grab Bars
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: All Assessments for this unit are paid
  • Public Record Gross Sq Ft: 2260
  • Tax Year Updated Dt: 08/10/2020
  • Directions: Greensfarms to Hillspoint to Edgewater Commons #48
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Partially Finished, Storage
  • Appliances: Electric Range, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Location: second floor
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Awnings, Deck
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance
  • Complex Name: Edgewater Commons
  • Levels In Unit: 3
  • HOA Fees: 550
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Greens Farms
  • Middle School: Bedford
  • High School: Staples

Lot Info

  • Lot Description: N/A
  • Zoning: A

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5922
  • Total Assessed Value: 354400
  • Mil Rate Base: 16.710
  • Mil Rate Total: 16.710
  • Assessor Parcel Number: 419437

Multi Family

  • Total Num Of Units: 25

MLS Schools

  • Elementary School: Greens Farms
  • Middle Jr High School: Bedford
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 26, 2020
Sold by
Rogers Catherine
Bought by
Dippel Thomas A and Nolte Anne E
Seller's Agent
Toni Mickiewicz
William Pitt Sotheby's Int'l
Buyer's Agent
Debra Shaughnessy
Coldwell Banker Realty
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%
Current Estimated Value
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,000
Avg. Annual Appreciation
7.74%
Original Mortgage
$448,000
Outstanding Balance
$403,837
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$403,237

Purchase Details

Listed on
Mar 12, 2013
Closed on
Jun 18, 2013
Sold by
Gness Michael R and Vanbaaren Sharon A
Bought by
Rogers Catherine
Seller's Agent
Donna Beretta
William Raveis Real Estate
Buyer's Agent
Toni Mickiewicz
William Pitt Sotheby's Int'l
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$397,500
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1993
Sold by
Kotch Rita
Bought by
Gness Michael and Vanbaaren Sharon

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
6.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dippel Thomas A $560,000 None Available
Rogers Catherine -- --
Gness Michael $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dippel Thomas A $448,000
Previous Owner Rogers Catherine $397,500
Previous Owner Gness Michael $98,000
Previous Owner Gness Michael $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $560,000 0.0% $314 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $560,000 -0.9% $314 / Sq Ft
07/01/2020 07/01/20 For Sale $565,000 +6.6% $317 / Sq Ft
06/17/2013 06/17/13 Sold $530,000 -3.5% $297 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $549,000 -- $308 / 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 $7,036 $377,900 $0 $377,900
2023 $6,934 $377,900 $0 $377,900
2022 $6,829 $377,900 $0 $377,900
2021 $6,829 $377,900 $0 $377,900
2020 $5,922 $354,400 $0 $354,400
2019 $5,975 $354,400 $0 $354,400
2018 $5,975 $354,400 $0 $354,400
2017 $5,975 $354,400 $0 $354,400
2016 $5,975 $354,400 $0 $354,400
2015 $6,272 $346,700 $0 $346,700
2014 $6,220 $346,700 $0 $346,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170305882

SmartMLS

APN: WPOR-000006E-000000-000019-000000-138