NOT LISTED FOR SALE

50 River Rd Sharon, CT 06069

Estimated Value: $1,127,000 - $1,556,540

3 Beds
2.5 Baths
2,343 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $700,000 $299 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,355/month

171 Days on Market

Highlights

  • Newly Remodeled
  • 15.68 Acre Lot
  • Secluded Lot
  • River Front
  • Farm
  • Farmhouse Style Home

About This Home

As of May 2018

Hidden Treasure on the Housatonic River - A perfect interpretation of a classic country home. The property is set on a quiet back road in the town of Sharon, CT. with 396’ of water frontage along the banks of the Housatonic River on one side and the Appalachian trail on the other. Distant mountain views over the open meadow are breathtaking from the wrap around deck. The main home was renovated in 2009 and has 3 bedrooms including a wood burning fireplace in the master and 2.5 bathrooms, open kitchen and dining area with top of the line appliances, granite countertops and lots of storage space. The living room is centered by a large fireplace with access to screened porch. On the third level is a great room with wood ceiling and a half bathroom which would make a great office, play space or studio In addition is one bedroom guest house on the property.

Last Agent to Sell the Property

Thomas Callahan

Elyse Harney Real Estate License #RES.0795187 Listed on: 10/18/2017

Co-Listed By

Liza Reiss

Elyse Harney Real Estate License #RES.0804920

Last Buyer's Agent

Dawn Hough

Coldwell Banker Realty License #RES.0797716

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,279

Year Built

  • Built in 1943 | Newly Remodeled

Lot Details

  • 15.68 Acre Lot
  • River Front
  • Secluded Lot
  • Property is zoned RR1

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • City

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2,343 Sq Ft Home
  • 2 Fireplaces
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Schools

  • Sharon Center Elementary School
  • Housatonic High School

Farming

  • Farm

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,279

Year Built

Built in 1943 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Farm House
  • Sq Ft Est Heated Above Grade: 2343
  • Total Sq Ft: 2343
  • Year Built: 1943
  • New Construction: Completed/Never Occupied
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Route 7 to River Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Unfinished
  • Appliances: Gas Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Clapboard
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 15.6800
  • Lot Description: Farm Land, Secluded, City Views, Water View
  • Zoning: RR1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 8279
  • Mil Rate Base: 14.700
  • Assessor Parcel Number: 873194

MLS Schools

  • Elementary School: Sharon Center
  • High School: Housatonic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
May 24, 2018
Sold by
George L Farrington Lt and Logan-Farrington
Bought by
Stephens Daniel and Mcgregor-Coleman Neill
Seller's Agent
Thomas Callahan
Elyse Harney Real Estate
Buyer's Agent
Dawn Hough
Coldwell Banker Realty
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,271,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,180
Avg. Annual Appreciation
8.21%
Original Mortgage
$560,000
Outstanding Balance
$482,179
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$789,001

Purchase Details

Closed on
Dec 8, 2016
Sold by
Farrington George L and Farrington Romana R
Bought by
Farrington George L and Farrington Romana R

Purchase Details

Closed on
Dec 23, 2008
Sold by
Ernst Joan O Est and Patz
Bought by
Farrington George L and Farrington Romana R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephens Daniel $700,000 --
Stephens Daniel $700,000 --
Farrington George L -- --
Farrington George L -- --
Farrington George L $603,500 --
Farrington George L $603,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrington George L $560,000
Closed Farrington George L $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $700,000 -6.5% $299 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $749,000 0.0% $320 / Sq Ft
05/24/2013 05/24/13 Rented $1,200 0.0% --
05/24/2013 05/24/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $1,200 -- --
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 $7,945 $712,560 $230,460 $482,100
2024 $7,518 $712,560 $230,460 $482,100
2023 $6,789 $471,460 $166,360 $305,100
2022 $6,789 $471,460 $166,360 $305,100
2021 $6,836 $471,460 $166,360 $305,100
2020 $6,789 $471,460 $166,360 $305,100
2019 $6,789 $471,460 $166,360 $305,100
2018 $8,279 $563,180 $188,180 $375,000
2017 $8,279 $563,180 $188,180 $375,000
2016 $8,127 $564,380 $188,180 $376,200
2015 $7,732 $564,380 $188,180 $376,200
2014 $7,478 $564,380 $188,180 $376,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170025364

SmartMLS

APN: SHAR-000007-000051