NOT LISTED FOR SALE

50 Hamlet Hill Ln Fairfield, CT 06890

Estimated Value: $1,684,000 - $2,063,000

0.5 Acre
$3,703,544 Price per Acre
21,780 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $250,000

Est. 641% increase in value since last sale

Current estimated payment $11,615/month

297 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Level Lot
  • Mill Hill School Rated A
  • Property is near a golf course

About This Lot

As of December 2020

Excellent opportunity to build your dream home on Hamlet Hill Lane, Southport's new subdivision, offering three approved building lots. This cul de sac is perfectly sited allowing easy access to all Southport, Westport , Fairfield amenities and commuter routes. Southport Train Station, Village shops, restaurants and beach are just 5 minutes away. Walk to award winning Mill Hill School. City water, sewer and gas on property. Road is paved. A small enclave of three lots that offer convenience to all Fairfield's amenities including 5 Long Island sound beaches, lake with beaches, Westport, Southport and Fairfield shopping. Sportsplex nearby with charging stations for electric cars, train access, as well as close proximity to award winning schools, equestrian facilities, golf, tennis, Equinox fitness facility, private and public golf courses, as well as a plethora of dining options.Legal description, plot plan and survey available. Buy lot or builders will customize to your preference. Lot 50 is located straight ahead at the end of the cul de sac . Lots # 20 and 44 are also available for sale. Please Do Not Walk Property Alone.

Last Agent to Sell the Property

Denise Walsh

William Raveis Real Estate License #RES.0761852 Listed on: 01/18/2020

William Raveis Real Estate

Last Buyer's Agent

Patricia Shea

Coldwell Banker Realty License #RES.0765938

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,824

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R3

Schools

  • Mill Hill Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Additional Features

  • Property is near a golf course
  • Gas Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$7,824

Lot Details

0

Listing Details

  • Neighborhood: Southport
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Park, Private Rec Facilities, Private School(s), Public Pool, Public Rec Facilities, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Mill Hill Road to Hamlet Hill. Near Mill Hill Lane and Mill Hill School.
  • Special Features: None

Exterior Features

  • Waterfront Description: Access
  • Road Frontage Description: Cul-De-Sac

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.5000
  • Lot Description: On Cul-De-Sac, In Subdivision, Cleared, Level Lot, Sloping Lot
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Approved Subdivision, Curb Cut(s), Rough Graded
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7824
  • Mil Rate Base: 26.790
  • Assessor Parcel Number: 2618818

MLS Schools

  • Elementary School: Mill Hill
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Southport Hamlet Hill Llc
Bought by
Ramanan Balasubramanian P and Ramanan Siva R
Current Estimated Value
$1,851,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,800
Outstanding Balance
$1,156,270
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$695,502

Purchase Details

Closed on
Jun 23, 2022
Sold by
50 Hamlet Hill Llc
Bought by
Southport Hamlet Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 18, 2020
Closed on
Dec 29, 2020
Sold by
50 Hamlet Hill Llc
Bought by
20 Hamlet Hill Llc
Seller's Agent
Denise Walsh
William Raveis Real Estate
Buyer's Agent
Patricia Shea
Coldwell Banker Realty
List Price
$375,000
Sold Price
$250,000
Premium/Discount to List
-$125,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.61%
Original Mortgage
$45,000
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 18, 2020
Closed on
Dec 16, 2020
Sold by
Ppg Development Llc
Bought by
50 Hamlet Hill Llc
Seller's Agent
Denise Walsh
William Raveis Real Estate
Buyer's Agent
Patricia Shea
Coldwell Banker Realty
List Price
$375,000
Sold Price
$250,000
Premium/Discount to List
-$125,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
2.7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramanan Balasubramanian P $1,496,000 None Available
Ramanan Balasubramanian P $1,496,000 None Available
Ramanan Balasubramanian P $1,496,000 None Available
Southport Hamlet Hill Llc $340,000 None Available
Southport Hamlet Hill Llc $340,000 None Available
Southport Hamlet Hill Llc $340,000 None Available
20 Hamlet Hill Llc -- None Available
20 Hamlet Hill Llc -- None Available
20 Hamlet Hill Llc -- None Available
50 Hamlet Hill Llc $266,666 None Available
50 Hamlet Hill Llc $266,666 None Available
50 Hamlet Hill Llc $266,666 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramanan Balasubramanian P $1,196,800
Closed Ramanan Balasubramanian P $1,196,800
Previous Owner Southport Hamlet Hill Llc $377,000
Previous Owner 20 Hamlet Hill Llc $45,000
Previous Owner 50 Hamlet Hill Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $250,000 -33.3% --
11/10/2020 11/10/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $375,000 -- --
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 $22,836 $804,370 $327,950 $476,420
2024 $22,442 $804,370 $327,950 $476,420
2023 $8,119 $295,120 $295,120 $0
2022 $8,039 $295,120 $295,120 $0
2021 $7,962 $295,120 $295,120 $0
2020 $7,824 $292,040 $292,040 $0
2019 $7,824 $292,040 $292,040 $0
2018 $7,698 $292,040 $292,040 $0
2017 $7,540 $292,040 $292,040 $0
2016 $7,432 $292,040 $292,040 $0
2015 $8,475 $341,880 $341,880 $0
2014 $8,342 $341,880 $341,880 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170264823

SmartMLS

APN: FAIR-000229-000000-000273-B000000