NOT LISTED FOR SALE

5 Ocean Reef Dr Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $758,000 - $898,000

2 Beds
3 Baths
1,600 Sq Ft
$511/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $649,900 $406 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,391/month

About This Home

Ocean Reef is a hidden gem of a condo community of 11 townhomes in the beach area. Close to beach, town and train and all amenities that in town living has to offer. Newer white kitchen with stainless appliances. Upscale baths. Skylights. Open Living Room with Dining Area and Fireplace. Sliders to lovely deck. Pretty powder room. Primary bedroom with vaulted ceiling and full bath. Guest bedroom with full bath. Large storage room, laundry room and cedar closet. Tandem 2 car garage. Hardwood floors thruout. Updated mechanicals. Possible to convert part of garage to living space and add additional bath in the lower level. Beautiful landscape with exterior plantings, lights and irrigation system. Each unit has the feel of a single family home. Enjoy the lifestyle without the headaches of yard maintenance. Each unit has a private driveway and garage. An additional parking spot with each unit. Plenty of guest parking. Excellent value for beach and carefree lifestyle. Move in condition. Please note fence around the perimeter of property to be replaced. Details to be announced. Living room TV and sound bar are included with the property. Coat rack and bench in mudroom included with the property. Shelves and cabinetry in garage included with the property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Oct 28, 2022
Sold by
Jain Neil
Bought by
Rodkey Jennifer and Rodkey Clifford
Seller's Agent
Marlene Marrucco-Recchia
William Pitt Sotheby's Int'l
Buyer's Agent
Brittany Ursini
eXp Realty
List Price
$649,900
Sold Price
$649,900
Views
47
Current Estimated Value
$817,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,199
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Feb 28, 2018
Closed on
Sep 24, 2018
Sold by
Swist Martin and Swist Jessica
Bought by
Jain Neil
Seller's Agent
Marlene Marrucco-Recchia
William Pitt Sotheby's Int'l
Buyer's Agent
Shannon McAvoy
Brown Harris Stevens
List Price
$489,000
Sold Price
$458,000
Premium/Discount to List
-$31,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$343,454
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rodkey Jennifer $649,900 None Available
Rodkey Jennifer $649,900 None Available
Jain Neil $458,000 --
Jain Neil $458,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Neil $343,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $649,900 0.0% $406 / Sq Ft View Prior Sale
10/07/2022 10/07/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $649,900 +41.9% $406 / Sq Ft
09/21/2018 09/21/18 Sold $458,000 -3.4% $39 / Sq Ft View Prior Sale
09/19/2018 09/19/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $474,000 -1.0% $41 / Sq Ft
05/22/2018 05/22/18 Price Changed $479,000 -2.0% $41 / Sq Ft
02/28/2018 02/28/18 For Sale $489,000 -- $42 / Sq Ft

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 $8,184 $288,260 $0 $288,260
2024 $8,042 $288,260 $0 $288,260
2023 $7,930 $288,260 $0 $288,260
2022 $7,852 $288,260 $0 $288,260
2021 $7,777 $288,260 $0 $288,260
2020 $7,499 $279,930 $0 $279,930
2019 $7,499 $279,930 $0 $279,930
2018 $7,379 $279,930 $0 $279,930
2017 $7,228 $279,930 $0 $279,930
2016 $7,124 $279,930 $0 $279,930
2015 $6,695 $270,060 $0 $270,060
2014 $6,589 $270,060 $0 $270,060
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marlene Marrucco-Recchia

    William Pitt

    Section Image
  • Brittany Ursini

    Buyer's Agent in 2022

    Brittany Ursini

    eXp Realty

    (203) 253-5009

    1 in this area

    14 Total Sales

    Brittany Ursini
    Section Image
  • Shannon McAvoy

    Buyer's Agent in 2018

    Shannon McAvoy

    Brown Harris Stevens

    (203) 919-6363

    10 Total Sales

    Shannon McAvoy
    Section Image
See All Agents

Map

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

5 Ocean Reef Dr, Fairfield, CT

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.