5 Lee Ln Redding, CT 06896
Estimated Value: $1,470,000 - $1,669,000
4
Beds
5.5
Baths
5,529
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Heated In Ground Pool
- 4.11 Acre Lot
- Redding Elementary School Rated A
- Sub-Zero Refrigerator
- Ranch Style House
About This Home
As of July 2022Unique in every way, this Frank Lloyd Wright inspired one-level estate is truly a Shangri La. Nestled on a quiet lane on 4.11 acres of New England splendor, but just 60 miles from NYC and a few minutes drive from the Branchville Train Station, Caraluzzi’s Market & all the art, shops and eateries of Georgetown, Ridgefield, Bethel & Wilton, it’s the perfect blend of country living and local convenience. Wander barefoot among the stand of pine trees. Meditate to the sound of the koi pond’s gentle waterfall. Swim in the heated, salt-water pool. Play tennis on your own court. Let the dog and kids run free on the sprawling, fully-fenced grounds. Beyond the impressive hand-carved mahogany doors, discover 5,529 sf of artful hues, sunlit windows, vaulted ceilings, exposed beams, & floors of wood & stone. Curl up with a book in your stunning solarium, looking out over mature blooms. Harvest ingredients from your bio-dynamic organic garden. Prepare your favorite recipes in your chef’s kitchen w. top-of-the-line Wolf, Thermador and Subzero appliances. Relax in the stunning master suite, w/ sitting room, stone fireplace, & wall of glass doors walking out to the pool. Plus enjoy a master bath with jacuzzi, oversized walk-in shower & a closet to die for! The art-studio with its private entrance and private porch could also become the perfect in-law suite. Three car garage. Whole house generator. Fountains. Fire pit. Hiking right across the street at Mark Twain’s Stormfield. And much more.
Last Agent to Sell the Property
RE/MAX Right Choice License #RES.0785614 Listed on: 05/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,197
Year Built
- Built in 1950
Lot Details
- 4.11 Acre Lot
- Sprinkler System
- Garden
- Property is zoned R-2
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Stone Siding
- Stucco Exterior
Interior Spaces
- 5,529 Sq Ft Home
- 2 Fireplaces
- Awning
- Entrance Foyer
- Crawl Space
- Smart Thermostat
- Attic
Kitchen
- Built-In Oven
- Range Hood
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in Mud Room
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Circular Driveway
Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Tennis Courts
- Patio
- Outdoor Grill
- Porch
Schools
- Redding Elementary School
- Joel Barlow High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Private Company Owned Well
- Oil Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: See addendum.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2022
Closed on
Jul 26, 2022
Sold by
Krueger Jacob and Daigle Lacy
Bought by
Farny Marcus and Spencer Catherine
Seller's Agent
Matthew Nuzie
RE/MAX Right Choice
Buyer's Agent
Matthew Nuzie
RE/MAX Right Choice
List Price
$1,200,000
Sold Price
$1,245,000
Premium/Discount to List
$45,000
3.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,174
Avg. Annual Appreciation
7.82%
Original Mortgage
$795,000
Outstanding Balance
$763,643
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$787,591
Purchase Details
Closed on
Aug 14, 1995
Sold by
Ct Galaxy Prop Inc
Bought by
Karpas Michele J
Similar Homes in Redding, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farny Marcus | $1,245,000 | None Available | |
| Karpas Michele J | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farny Marcus | $795,000 | |
| Previous Owner | Krueger Jacob | $637,600 | |
| Previous Owner | Bellantoni Rocco J | $250,000 | |
| Previous Owner | Bellantoni Rocco J | $359,650 | |
| Previous Owner | Bellantoni Rocco J | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $1,245,000 | +3.8% | $225 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $1,200,000 | +50.6% | $217 / Sq Ft |
| 06/30/2020 06/30/20 | Sold | $797,000 | +0.3% | $144 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 03/07/2020 03/07/20 | For Sale | $795,000 | -- | $144 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $24,343 | $847,600 | $162,200 | $685,400 |
| 2023 | $23,470 | $847,600 | $162,200 | $685,400 |
| 2022 | $20,197 | $605,800 | $173,400 | $432,400 |
| 2021 | $19,894 | $605,800 | $173,400 | $432,400 |
| 2020 | $19,894 | $605,800 | $173,400 | $432,400 |
| 2019 | $19,894 | $605,800 | $173,400 | $432,400 |
| 2018 | $19,216 | $605,800 | $173,400 | $432,400 |
| 2017 | $16,427 | $554,600 | $188,900 | $365,700 |
| 2016 | $16,217 | $554,600 | $188,900 | $365,700 |
| 2015 | $16,033 | $554,600 | $188,900 | $365,700 |
| 2014 | $16,033 | $554,600 | $188,900 | $365,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Nuzie
Seller's Agent in 2022
Matthew Nuzie
RE/MAX
(203) 642-0341
3 in this area
341 Total Sales
-
Carol Hanlon
Seller's Agent in 2020
Carol Hanlon
Coldwell Banker Realty
(203) 240-1233
1 in this area
76 Total Sales
-
Robert Grodman
Buyer's Agent in 2020
Robert Grodman
The Riverside Realty Group
(203) 952-6117
1 in this area
21 Total Sales
Map
Source: SmartMLS
MLS Number: 170489072
APN: REDD-000037-000000-000075
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