$1,245,000
SOLD JUL 26, 2022

5 Lee Ln Redding, CT 06896

4 Beds
5.5 Baths
5,529 Sq Ft
4.11 Acres

Recently Sold

$225 Per Sq Ft

4% Above List Price

12 Days on Market

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 2022

Unique 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

Matthew Nuzie

RE/MAX Right Choice License #RES.0785614 Listed on: 05/09/2022

RE/MAX Right Choice

Last Buyer's Agent

Matthew Nuzie

RE/MAX Right Choice License #RES.0785614 Listed on: 05/09/2022

RE/MAX Right Choice

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.

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,197

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 5529
  • Public Record Living Room Sq Ft: 5529
  • Total Sq Ft: 5529
  • Year Built: 1950
  • Nearby Amenities: Park
  • Exclusions: See addendum.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 12823
  • Tax Year Updated Dt: 07/13/2022
  • Directions: 5 Lee Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Crawl Space
  • Appliances: Wall Oven, Range Hood, Refrigerator, Subzero, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: Main Level Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Awnings, Garden Area, Grill, Patio, Porch, Tennis Court, Underground Sprinkler
  • Exterior Siding: Stone, Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Circular, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Redding
  • High School: Joel Barlow

Lot Info

  • Acres: 4.1100
  • Lot Description: Fence - Full, Professionally Landscaped
  • Zoning: R-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 20197
  • Total Assessed Value: 605800
  • Mil Rate Base: 33.340
  • Mil Rate Total: 33.340
  • Assessor Parcel Number: 269951

MLS Schools

  • Elementary School: Redding
  • High School: Joel Barlow

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
$1,563,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,709
Avg. Annual Appreciation
7.87%
Original Mortgage
$795,000
Outstanding Balance
$760,473
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$803,236

Purchase Details

Closed on
Aug 14, 1995
Sold by
Ct Galaxy Prop Inc
Bought by
Karpas Michele J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,245,000 None Available
Not Resolvable $440,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,000 Purchase Money Mortgage
Previous Owner $637,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Unknown
Previous Owner $359,650 No Value Available
Previous Owner $300,000 No Value Available
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

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 $25,038 $847,600 $162,200 $685,400
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

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Map

Source: SmartMLS

MLS Number: 170489072

SmartMLS

APN: REDD-000037-000000-000075