NOT LISTED FOR SALE

5 Ridge Rd East Haddam, CT 06423

Estimated Value: $537,000 - $655,000

4 Beds
2 Baths
1,149 Sq Ft
$533/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $385,000 $335 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,037/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 1 Fireplace
  • ENERGY STAR Certified Homes
  • Attic
  • Tennis Courts

About This Home

As of June 2023

Stunning Lake Cottage, with a dynamic view of Lake Hayward, has so much to offer. Beautiful hardwood floors throughout, 4 spacious BDRM's, 2 full remodeled baths and a fieldstone fireplace that accents the living room. Windows surround the inviting 25x10 sunroom, with sliders leading out onto the deck where you can enjoy a captivating view of the lake. An outside shower, perfect for rinsing off after a day at the beach, with a conveniently located washer/dryer. Cottage has kept much of its 1934 charm, a natural beauty. Meticulously cared for inside and out, ready for the next owners to enjoy for years to come. Some of the cottage updates include: new roof, newer siding and windows; heat pump, with a septic replacement in 2014/2015. In 2021; deck, rails and stairs were replaced with composite decking, adding ambient lighting. As part of the Lake Hayward Association, you have access to 4 beaches where you can enjoy swimming, boating and fishing. Indulge in a game of tennis, pickleball or basketball, with activities during the summer months at the pavilion for the entire family. Listed just in time for summer, don't let this one get away!!

Last Agent to Sell the Property

Carolyn Kress

Berkshire Hathaway NE Prop. License #RES.0804375 Listed on: 05/05/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Carolyn Kress

Berkshire Hathaway NE Prop. License #RES.0804375 Listed on: 05/05/2023

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,935

Year Built

  • Built in 1934

Lot Details

  • 3,485

HOA Fees

  • $36 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,149 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Basement Storage

Parking

  • Parking Deck
  • Dirt Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • ENERGY STAR Certified Homes
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2268418

Community Details

Overview

  • Association fees include tennis, lake/beach access, grounds maintenance, trash pickup

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,935

Year Built

Built in 1934

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Neighborhood: Lake Hayward
  • Property Type: Single Family For Sale
  • Style: Cape Cod, Cottage
  • Sq Ft Est Heated Above Grade: 1149
  • Total Sq Ft: 1149
  • Year Built: 1934
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Private Rec Facilities, Shopping/Mall
  • Association Amenities: Basketball Court, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: Property Owners Assoc of Lake Hayward
  • Public Record Gross Sq Ft: 2838
  • Directions: Lake Hayward Rd runs into Lake Shore Dr., sharp (R) onto Ridgewood Rd (5 Ridgewood Road) When using GPS, use town of Colchester.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1149
  • Spec Assoc Asses: Yes
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Dirt Floor, Storage, None
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

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

Garage/Parking

  • Driveway Type: Dirt
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: No Fuel
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Grounds Maintenance, Trash Pickup
  • HOA Fees: 426
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Energy Star Rated, Storm Doors

Lot Info

  • Acres: 0.08
  • Lot Description: Water View Lightly Wooded
  • Zoning: L
  • Property Info: Seasonal Property
  • Parcel #: 2268418

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2935
  • Total Assessed Value: 92310
  • Mil Rate Total: 31.79

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Horrigan Michael T and Horrigan Jessica L
Bought by
Mannix Christopher E and Tavera Desiree F
Current Estimated Value
$612,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$423,201
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,258

Purchase Details

Closed on
May 12, 2014
Sold by
Atkins Barry D and Atkins Christine F
Bought by
Horrigan Michael T and Horrigan Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,040
Interest Rate
4.41%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Williams Byron A and Williams Teresa J
Bought by
Atkins Barry D and Atkins Christine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 27, 1997
Sold by
August William J and August Patricia A
Bought by
Williams Byron S and Williams Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 1993
Sold by
Casner Robert P
Bought by
Quinn & Quinn Mason Co
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
Mannix Christopher E $500,000 None Available
Horrigan Michael T $345,000 --
Atkins Barry D $332,000 --
Williams Byron S $240,000 --
Quinn & Quinn Mason Co $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mannix Christopher E $450,000
Previous Owner Horrigan Michael T $343,040
Previous Owner Quinn & Quinn Mason Co $150,000
Previous Owner Quinn & Quinn Mason Co $250,000
Previous Owner Quinn & Quinn Mason Co $192,000
Previous Owner Quinn & Quinn Mason Co $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $385,000 -6.1% $335 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $409,900 +95.2% $357 / Sq Ft
09/16/2015 09/16/15 Sold $210,000 -12.1% $183 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $239,000 -- $208 / 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
2024 $7,942 $296,800 $81,200 $215,600
2023 $7,643 $296,800 $81,200 $215,600
2022 $7,409 $233,070 $67,450 $165,620
2021 $7,095 $233,070 $67,450 $165,620
2020 $7,095 $233,070 $67,450 $165,620
2019 $7,095 $233,070 $67,450 $165,620
2018 $6,913 $233,070 $67,450 $165,620
2017 $7,046 $238,210 $80,920 $157,290
2016 $6,991 $238,210 $80,920 $157,290
2015 $6,832 $238,210 $80,920 $157,290
2014 $6,646 $238,210 $80,920 $157,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170567055

SmartMLS

APN: EHDM-000047M-000000-L000078