NOT LISTED FOR SALE

48 Ridge Rd New Fairfield, CT 06812

Estimated Value: $633,000 - $864,927

3 Beds
1 Bath
1,118 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $382,000 $342 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,893/month

5 Days on Market

Highlights

  • Beach Front
  • Clubhouse
  • Attic
  • New Fairfield Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of September 2020

Charming Candlewood Isle Cottage with amazing views of Candlewood Lake. This inviting cottage offers hardwood floors, brick fireplace, exposed beams, an eat-in-kitchen with a deck off the sunroom to catch the beautiful sunsets over Candlewood Lake. This home offers three bedrooms and one full bathroom along with a one-car garage. It also has plans for expansion, should one desire. Located about 60 miles outside of Manhattan, Candlewood Isle is a community within the heart of Candlewood Lake in New Fairfield, CT. Whether you’re looking to live on the Isle full-time or want a part-time home, this charming cottage fits the bill with its accessibility to major highways and Metro-North trains. Candlewood Isle is a gated community and offers year-round amenities including a clubhouse, beautiful sandy beach, dedicated swimming areas with seasonal lifeguards, a marina, lighted tennis & bocce courts, basketball hoops, playground, summer youth camp and social activities such as Yoga and movie nights; something for everyone!

Last Agent to Sell the Property

Shaylene Neumann

Houlihan Lawrence License #RES.0774531 Listed on: 07/20/2020

Houlihan Lawrence

Co-Listed By

Joseph Kelley

Houlihan Lawrence License #RES.0809122

Last Buyer's Agent

George Mclean

William Raveis Real Estate License #RES.0762369

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 1935

Lot Details

  • 0.36 Acre Lot
  • Beach Front
  • Lake Front

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,118 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 1 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near shops

Schools

  • Consolidated Elementary School
  • New Fairfield Middle School
  • Meeting House Middle School
  • New Fairfield High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, security service, grounds maintenance, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Bocce Ball Court
  • Community Playground
  • Park

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,614

Year Built

Built in 1935

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Single Family For Sale
  • Style: Bungalow, Cottage
  • Sq Ft Est Heated Above Grade: 1118
  • Public Record Living Room Sq Ft: 1118
  • Total Sq Ft: 1118
  • Year Built: 1935
  • Nearby Amenities: Basketball Court, Bocci Court, Lake, Library, Park, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Club House, Park, Playground/Tot Lot, Security Services, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2075
  • Directions: Route 39 to Candlewood Isle - Left onto Lake Drive North, Right on Sunset, Left on Ridge Road, House on Right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Walk-Out
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Access, Beach, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service, Grounds Maintenance, Road Maintenance
  • HOA Fees: 774
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

  • Elementary School: Consolidated
  • Middle School: New Fairfield
  • High School: New Fairfield
  • Intermediate School: Meeting House

Lot Info

  • Acres: 0.3600
  • Lot Description: Dry, Water View
  • Zoning: 1
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6614
  • Total Assessed Value: 216300
  • Mil Rate Base: 30.580
  • Mil Rate Total: 30.580
  • Tax District Amount: 700
  • Assessor Parcel Number: 224366

MLS Schools

  • Elementary School: Consolidated
  • Middle Jr High School: New Fairfield
  • High School: New Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 7, 2020
Sold by
Kenna David W and Kenna Maureen F
Bought by
Begley Neil and Begley Sandra
Seller's Agent
Shaylene Neumann
Houlihan Lawrence
Buyer's Agent
George Mclean
William Raveis Real Estate
List Price
$369,000
Sold Price
$382,000
Premium/Discount to List
$13,000
3.52%
Current Estimated Value
$715,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,482
Avg. Annual Appreciation
13.26%
Original Mortgage
$286,500
Outstanding Balance
$253,778
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$461,704

Purchase Details

Closed on
Oct 14, 2000
Sold by
Baldwin Donald
Bought by
Kenna David and Kenna Maureen

Purchase Details

Closed on
Feb 29, 2000
Sold by
Bring Ronald J and Bring Michelle B
Bought by
Baldwin Donald E

Purchase Details

Closed on
Mar 15, 1994
Sold by
Mcardle Marianne
Bought by
Bring Ronald and Bring Michelle

Purchase Details

Closed on
Apr 12, 1988
Sold by
Morgan John
Bought by
Mcardle Marianne
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
Begley Neil $382,000 None Available
Kenna David $220,000 --
Baldwin Donald E $181,000 --
Bring Ronald $123,500 --
Mcardle Marianne $176,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begley Neil $286,500
Previous Owner Mcardle Marianne $97,800
Previous Owner Mcardle Marianne $200,000
Previous Owner Mcardle Marianne $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $382,000 +3.5% $342 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $369,000 -- $330 / 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 $12,420 $471,700 $215,600 $256,100
2024 $7,899 $216,300 $161,100 $55,200
2023 $7,549 $216,300 $161,100 $55,200
2022 $7,023 $216,300 $161,100 $55,200
2021 $6,811 $216,300 $161,100 $55,200
2020 $6,614 $216,300 $161,100 $55,200
2019 $6,705 $217,000 $164,600 $52,400
2018 $6,636 $217,000 $164,600 $52,400
2017 $6,471 $217,000 $164,600 $52,400
2016 $6,191 $217,000 $164,600 $52,400
2015 $6,191 $217,000 $164,600 $52,400
2014 $5,769 $221,200 $165,800 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170318286

SmartMLS

APN: NFAI-000015-000006-000129-000130