NOT LISTED FOR SALE

48 Olmstead Ln Ridgefield, CT 06877

Estimated Value: $1,454,000 - $1,508,000

3 Beds
3 Baths
3,378 Sq Ft
$436/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $839,000 $248 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,253/month

125 Days on Market

Highlights

  • Heated In Ground Pool
  • Cape Cod Architecture
  • 1 Fireplace
  • Branchville Elementary School Rated A
  • Attic
  • Mud Room

About This Home

As of November 2017

Totally renovated and expanded 1920's New England Cape beautifully sited on a gorgeous level landscaped lot in the heart of the Village; absolute pride of ownership with $628K of improvements by present owners; upgrades include windows, kitchen, baths, in-ground pool, copper gutters, wood shingle roof, great room and breezeway addition, generator, central air and so much more. This is a must see opportunity!

Last Agent to Sell the Property

Chip Neumann

Houlihan Lawrence License #RES.0496077 Listed on: 02/11/2017

Houlihan Lawrence

Last Buyer's Agent

Laura Ancona

William Pitt Sotheby's Int'l License #RES.0770587

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,544

Year Built

  • Built in 1920

Lot Details

  • 0.72 Acre Lot
  • Level Lot
  • Property is zoned Res.

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3,378 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Mud Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Terrace
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,544

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: South Ridgefield
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 3378
  • Public Record Living Room Sq Ft: 3378
  • Total Sq Ft: 3378
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rte 35 to Olmstead Lane, access way left to end
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space
  • Interior Amenities: Security System
  • Appliances: Cook Top, Dishwasher, Microwave, Oven/Range, Refrigerator
  • Additional Rooms: Breezeway, Laundry Room, Mud Room
  • Laundry Room Location: Main Level
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: French Doors, Gutters, Patio, Terrace
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete, Block
  • Roof Information: Wood Shingle
  • Swimming Pool: Yes
  • Pool: Heated, In Ground Pool
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Heat Pump, Zoned
  • Heat Type: Heat Pump, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.7200
  • Lot Description: Level Lot, Fence - Partial, Fence - Stone
  • Zoning: Res.

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 17544
  • Total Assessed Value: 644780
  • Mil Rate Total: 27.210
  • Assessor Parcel Number: 278901

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
Feb 11, 2017
Closed on
Nov 28, 2017
Sold by
Sallaberry Brian G and Sallaberry Deborah
Bought by
Goodwin Robin and Lein Bing
Seller's Agent
Chip Neumann
Houlihan Lawrence
Buyer's Agent
Laura Ancona
William Pitt Sotheby's Int'l
List Price
$839,000
Sold Price
$839,000
Current Estimated Value
$1,473,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,003
Avg. Annual Appreciation
7.17%
Original Mortgage
$600,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Loechel Robert E and Loechel Pamela G
Bought by
Scott William and Scott Karen

Purchase Details

Closed on
Jun 1, 1992
Sold by
Johnston Douglas and Johston Catherine
Bought by
Loechel Robert and Loechel Pamela
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
Goodwin Robin $839,000 --
Scott William $375,000 --
Loechel Robert $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loechel Robert $600,000
Previous Owner Loechel Robert $275,000
Previous Owner Loechel Robert $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $839,000 0.0% $248 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $839,000 -- $248 / 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
2025 $17,313 $632,100 $288,540 $343,560
2024 $16,656 $632,100 $288,540 $343,560
2023 $16,315 $632,100 $288,540 $343,560
2022 $17,578 $618,300 $254,630 $363,670
2021 $17,442 $618,300 $254,630 $363,670
2020 $15,812 $562,300 $254,630 $307,670
2019 $15,812 $562,300 $254,630 $307,670
2018 $15,621 $562,300 $254,630 $307,670
2017 $17,544 $644,780 $239,010 $405,770
2016 $17,209 $644,780 $239,010 $405,770
2015 $16,771 $644,780 $239,010 $405,770
2014 $16,771 $644,780 $239,010 $405,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99173801

SmartMLS

APN: RIDG-000017-E000050