NOT LISTED FOR SALE

5 Ridgewood Rd Moodus, CT 06469

Estimated Value: $379,000 - $438,000

4 Beds
2 Baths
1,149 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $415,000 $361 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,554/month

4 Days on Market

Highlights

  • Clubhouse
  • Attic
  • Tennis Courts
  • Deck
  • 1 Fireplace
  • Cottage

About This Home

As of July 2024

~ RELAX and ENJOY ~ 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: newer roof, 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. Do not delay, make this your summer vacation home today.

Last Agent to Sell the Property

Carolyn Kress

Berkshire Hathaway NE Prop. License #RES.0804375 Listed on: 07/08/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Barbara Royea

Carl Guild & Associates License #RES.0805736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,959

Year Built

  • Built in 1934

Lot Details

  • 3,485 Sq Ft Lot

HOA Fees

  • $39 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,149 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Attic

  • Attic Fan
  • Attic or Crawl Hatchway Insulated

Parking

  • 2 Parking Spaces
  • Parking Deck

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

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

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2268418

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,959

Year Built

Built in 1934

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Neighborhood: Lake Hayward
  • Property Type: Single Family For Sale
  • Style: 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, Public Rec Facilities, Shopping/Mall
  • Association Amenities: Basketball Court, Club House, Playground/Tot Lot, Tennis Courts
  • Remarks Public Addendum: Most furnishings remain with the cottage.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Lake Hayward Road runs into Lake Shore Dr. sharp (R) onto Ridgewood Road ( 5 Ridgewood Road ) When using GPS, use town of Colchester
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Electric Dryer
  • Laundry Room Location: lower level
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: Attic Fan, Ceiling Fans, Central Air, Ductless
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Grounds Maintenance, Trash Pickup
  • HOA Fees: 470
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

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

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3959
  • Total Assessed Value: 147940
  • Mil Rate Total: 26.76

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Jul 24, 2024
Sold by
Mills William S and Mills Kimberly A
Bought by
Paley Roger and Paley Denise
Seller's Agent
Carolyn Kress
Berkshire Hathaway NE Prop.
Buyer's Agent
Barbara Royea
Carl Guild & Associates
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
13
Current Estimated Value
$412,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,762
Avg. Annual Appreciation
-0.55%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Spencer David J and Spencer Leisha
Bought by
David J J and David L

Purchase Details

Closed on
Sep 17, 2015
Sold by
Nobile Michael and Nobile Janice S
Bought by
Spencer David J and Spencer Leisha L

Purchase Details

Closed on
Aug 28, 2006
Sold by
Grundt Karen and Grundt Jeffrey
Bought by
Nobile Michael and Nobile Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,910
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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
Paley Roger $415,000 None Available
Paley Roger $415,000 None Available
David J J -- None Available
David David J -- None Available
Spencer David J $210,000 --
Nobile Michael $209,900 --
Spencer David J $210,000 --
Nobile Michael $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nobile Michael $188,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $415,000 -2.4% $361 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $425,000 -- $370 / 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 $3,959 $147,940 $61,210 $86,730
2023 $3,809 $147,940 $61,210 $86,730
2022 $2,935 $92,310 $42,190 $50,120
2021 $2,810 $92,310 $42,190 $50,120
2020 $2,737 $89,930 $42,190 $47,740
2019 $2,737 $89,930 $42,190 $47,740
2018 $2,667 $89,930 $42,190 $47,740
2017 $2,359 $79,740 $35,150 $44,590
2016 $2,340 $79,740 $35,150 $44,590
2015 $2,287 $79,740 $35,150 $44,590
2014 $2,224 $79,730 $35,140 $44,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24030723

SmartMLS

APN: EHDM-000087M-000000-L000048