NOT LISTED FOR SALE

5 Lake Rd Ridgefield, CT 06877

Estimated Value: $944,000 - $1,127,906

3 Beds
2.5 Baths
2,131 Sq Ft
$482/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $914,900 $429 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,807/month

23 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • ENERGY STAR Certified Homes
  • Ridgebury Elementary School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of September 2022

Fabulous LIKE-NEW craftsman with lake views! Move right in and make yourself at home. Built in 2018 by local, well-respected builder, 5 Lake Road needs absolutely nothing. Gorgeous white and bright kitchen, an open-concept main level, hardwood floors throughout, 3 generously-sized bedrooms, 2.5 bathrooms on over a half acre of flat land overlooking Ridgefield's Rainbow Lake. All mechanicals from 2018. Many updates made by current owners including full-house automatic generator, irrigation system, electric car charging station, new back patio and more. Primary bedroom with ensuite bathroom and walk-in closets. Laundry room on the same level of bedrooms. Full imprint basement is ready to be finished, should you wish. Best of all...the views! Have dinner on the back patio all while enjoying the views of Rainbow Lake. Optional Lake Association membership-- parties, BBQs, concerts and more. All of this just a short stroll away from Rainbow Lake and its two private, sandy beaches. A 10-minute drive to Ridgefield’s quaint Main St. and only 61 miles to NYC! One or more of this property's owners is a Real Estate Licensee.

Last Agent to Sell the Property

Andrea O'Connor

William Pitt Sotheby's Int'l License #RES.0816028 Listed on: 07/13/2022

Last Buyer's Agent

Bryan Tunney

Brown Harris Stevens License #REB.0788430

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,256

Year Built

  • Built in 2018

Lot Details

  • 0.54 Acre Lot
  • Lake Front
  • Corner Lot
  • Level Lot
  • Property is zoned RA

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 2,131 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Smart Locks
  • Smart Thermostat

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Walking Distance to Water
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Ridgebury Elementary School
  • Scotts Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank Located in Ground

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near a golf course

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,256

Year Built

Built in 2018

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2131
  • Public Record Living Room Sq Ft: 2131
  • Total Sq Ft: 2131
  • Year Built: 2018
  • Nearby Amenities: Golf Course, Health Club, Lake, Medical Facilities, Park, Private Rec Facilities, Private School(s), Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Optional/voluntary
  • Directions: Limestone to Bennetts Farm Rd -- Right onto Mountain Rd -- Right onto Lake Rd -- #5 first house on left. Corner of Mountain and Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Unfinished, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Lock(s), Thermostat(s)
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Lighting, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 325
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Ridgebury
  • Middle School: Scotts Ridge
  • High School: Ridgefield

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.5400
  • Lot Description: Water View, Corner Lot, Level Lot, Fence - Full
  • Flood Zone: No
  • Zoning: RA

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 13256
  • Total Assessed Value: 466260
  • Mil Rate Base: 28.430
  • Mil Rate Total: 28.430
  • Assessor Parcel Number: 276830

MLS Schools

  • Elementary School: Ridgebury
  • Middle Jr High School: Scotts Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 7, 2022
Sold by
Oconnor Jason and Oconnor Andrea
Bought by
Tubb Charles T
Seller's Agent
Andrea O'Connor
William Pitt Sotheby's Int'l
Buyer's Agent
Bryan Tunney
Brown Harris Stevens
List Price
$899,000
Sold Price
$914,900
Premium/Discount to List
$15,900
1.77%
Views
27
Current Estimated Value
$1,027,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,827
Avg. Annual Appreciation
3.66%
Original Mortgage
$822,485
Outstanding Balance
$788,278
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,165

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 28, 2018
Sold by
Cv Building Concepts I
Bought by
Oconnor Jason and Oconnor Andrea
Seller's Agent
Tim Dent
Coldwell Banker Realty
Buyer's Agent
Amy Grossfeld
Houlihan Lawrence
List Price
$689,000
Sold Price
$697,000
Premium/Discount to List
$8,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$556,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 19, 2017
Sold by
Sarica John A and Sarica Anna M
Bought by
Cv Building Concepts I
Seller's Agent
Kristi Vaughan
William Pitt Sotheby's Int'l
Buyer's Agent
Tim Dent
Coldwell Banker Realty
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
474.45%

Purchase Details

Closed on
May 27, 2004
Sold by
Blackwell Michael J and Blckwell Jennifer L
Bought by
Sarica John A and Sarica Anna M

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bassett Elizabeth A
Bought by
Lewis Jennifer L

Purchase Details

Closed on
Jan 10, 1990
Sold by
Forest George
Bought by
Bassett William E
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
Tubb Charles T $914,900 None Available
Oconnor Jason $697,000 --
Cv Building Concepts I -- --
Sarica John A $370,000 --
Lewis Jennifer L $243,000 --
Bassett William E $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tubb Charles T $822,485
Previous Owner Oconnor Jason $680,000
Previous Owner Oconnor Jason $150,000
Previous Owner Oconnor Jason $510,000
Previous Owner Bassett William E $556,000
Previous Owner Bassett William E $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $914,900 +1.8% $429 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $899,000 +29.0% $422 / Sq Ft
02/28/2018 02/28/18 Sold $697,000 +1.2% $279 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $689,000 +236.1% $276 / Sq Ft
06/19/2017 06/19/17 Sold $205,000 -8.9% $145 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $225,000 -- $160 / 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 $14,292 $521,780 $222,950 $298,830
2024 $13,749 $521,780 $222,950 $298,830
2023 $13,467 $521,780 $222,950 $298,830
2022 $13,256 $466,260 $159,250 $307,010
2021 $13,153 $466,260 $159,250 $307,010
2020 $13,111 $466,260 $159,250 $307,010
2019 $13,111 $466,260 $159,250 $307,010
2018 $4,615 $166,110 $159,250 $6,860
2017 $5,264 $193,440 $143,060 $50,380
2016 $5,163 $193,440 $143,060 $50,380
2015 $5,031 $193,440 $143,060 $50,380
2014 $5,031 $193,440 $143,060 $50,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170508577

SmartMLS

APN: RIDG-000006-E000055