NOT LISTED FOR SALE

50 Lake Dr S New Fairfield, CT 06812

Estimated Value: $1,766,000 - $2,727,000

3 Beds
3 Baths
2,704 Sq Ft
$837/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $2,300,000 $851 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,581/month

74 Days on Market

Highlights

  • Lake Front
  • Sub-Zero Refrigerator
  • Deck
  • New Fairfield Middle School Rated A-
  • Clubhouse
  • Ranch Style House

About This Home

As of July 2022

Stunning Candlewood Isle Waterfront home completely renovated in neutral decor in 2021 and is ready for your family and friends for a summer of fun. The home has an open concept floor plan is neutrally decorated and is the perfect place to relax and recharge after a day on the lake. with floor to ceilings windows facing the lake in the expansive great room, soaring ceilings, and skylights. The chef's kitchen is well-appointed with appliances from the Wolf/Subzero families, gorgeous white cabinets & LG quartz countertops. The dining room can accommodate large gatherings. There is a lakeside deck off the great room. The main level has a primary bedroom suite & a second bedroom. The lake level offers a huge family room with a fireplace and custom bar with quartz counters & a laundry area. Plenty of room for multiple seating and walls of windows with amazing lake views. There are 2 additional bedrooms with a full bath. There is access to the level waterfront area with a lakeside patio and a new 14x20 deepwater dock with a 20 ft catwalk. The property offers privacy & has a sandy walk-in for swimming, This home is move-in ready Additional updates: new heating and AC systems of ductless mini-splits. All new black dual-pane sierra pacific windows with white vinyl batten board siding for easy maintenance & a new roof. Located on Candlewood Isle a private gated community with a clubhouse, beach, tennis, pickleball, basketball, and playground. Lake living at its very best!

Last Agent to Sell the Property

Ellen Cavallo-Buccitti

Independent Realty Group License #REB.0757176 Listed on: 05/05/2022

Last Buyer's Agent

Katherine Bennett

William Pitt Sotheby's Int'l License #RES.0799637

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,414

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front
  • Level Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 1 Fireplace
  • Water Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Deck
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • Consolidated Elementary School
  • New Fairfield Middle School
  • New Fairfield High School

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating
  • Heat Pump System
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well

Listing and Financial Details

  • Exclusions: Boat Lift.

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court

Additional Features

  • No Home Owners Association
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,414

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2704
  • Public Record Living Room Sq Ft: 1352
  • Total Sq Ft: 2704
  • Year Built: 1950
  • Association Amenities: Basketball Court, Club House, Tennis Courts
  • Exclusions: Boat Lift.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3184
  • Tax Year Updated Dt: 07/11/2022
  • Directions: Candlewood Isle Causeway to guard house, Lake Drive South to #50 on right,
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Cooled
  • Appliances: Gas Cooktop, Microwave, Subzero, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Paved

Utilities

  • Cooling System: Split System
  • Heat Type: Heat Pump, Zoned
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Above Ground
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Consolidated
  • Middle School: New Fairfield
  • High School: New Fairfield

Lot Info

  • Acres: 0.1700
  • Lot Description: Water View, Level Lot, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 1

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 20414
  • Total Assessed Value: 628700
  • Mil Rate Base: 32.470
  • Mil Rate Total: 32.470
  • Tax District Amount: 2000
  • Assessor Parcel Number: 222953

MLS Schools

  • Elementary School: Consolidated
  • Middle Jr High School: New Fairfield
  • High School: New Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 18, 2022
Sold by
Holbrook Dennis and Holbrook Kathryn
Bought by
Wein Jared and Wein Allison
Seller's Agent
Ellen Cavallo-Buccitti
Independent Realty Group
Buyer's Agent
Katherine Bennett
William Pitt Sotheby's Int'l
List Price
$2,379,000
Sold Price
$2,300,000
Premium/Discount to List
-$79,000
-3.32%
Current Estimated Value
$2,350,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,919
Avg. Annual Appreciation
-0.51%
Original Mortgage
$1,300,000
Outstanding Balance
$1,240,387
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,023,978

Purchase Details

Listed on
Oct 10, 2020
Closed on
Jan 15, 2021
Sold by
Anderson Roberta C
Bought by
Holbrook Dennis and Holbrook Kathryn
Seller's Agent
Roberta Anderson
William Pitt Sotheby's Int'l
Buyer's Agent
Ellen Cavallo-Buccitti
Independent Realty Group
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.60%
Original Mortgage
$800,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2015
Sold by
Anderson Roberta P and Driever Elizabeth P
Bought by
Anderson Roberta P

Purchase Details

Closed on
Feb 29, 1972
Bought by
Anderson Roberta P
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
Wein Jared $2,264,005 None Available
Holbrook Dennis $1,000,000 None Available
Anderson Roberta P -- --
Anderson Roberta P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wein Jared $1,300,000
Previous Owner Holbrook Dennis $800,000
Previous Owner Anderson Roberta P $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $2,300,000 -3.3% $851 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $2,379,000 +137.9% $880 / Sq Ft
01/15/2021 01/15/21 Sold $1,000,000 -9.1% $444 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
10/10/2020 10/10/20 For Sale $1,100,000 -- $488 / 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 $31,162 $1,183,500 $775,100 $408,400
2024 $25,597 $700,900 $444,900 $256,000
2023 $24,325 $697,000 $444,900 $252,100
2022 $20,414 $628,700 $444,900 $183,800
2021 $17,540 $557,000 $444,900 $112,100
2020 $16,990 $555,600 $444,900 $110,700
2019 $16,748 $542,000 $425,300 $116,700
2018 $16,574 $542,000 $425,300 $116,700
2017 $16,162 $542,000 $425,300 $116,700
2016 $15,463 $542,000 $425,300 $116,700
2015 $15,463 $542,000 $425,300 $116,700
2014 $14,623 $560,700 $462,100 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170488222

SmartMLS

APN: NFAI-000020-000001-000040