NOT LISTED FOR SALE

50 Stone Ridge Way Unit 1A Fairfield, CT 06824

Grasmere Neighborhood

Estimated Value: $525,000 - $550,000

1 Bed
1.5 Baths
1,126 Sq Ft
$470/mo HOA Fee

Last Sold July 17, 2018

Last sale price $325,000 $289 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,009/month

183 Days on Market

Highlights

  • Public Water Access
  • Open Floorplan
  • Property is near public transit
  • Mckinley Elementary School Rated A-
  • Clubhouse
  • Ranch Style House

About This Home

As of July 2018

Enjoy the best of both worlds: Manhattan lifestyle and luxury with all the amenities of Fairfield living. Walk to the train from this lovely gated community. Rarely on the market, spacious single-level 1 bedroom 1.5 bath unit with impeccable design and extraordinary appointments including 10’ ceilings, hardwood floors, kitchen with stainless Viking appliances and walnut breakfast peninsula. Master bedroom suite with marble walk-in shower stall, hydro tub and ample closet space throughout give this unit an expansive feel. Separate powder room, large deck and parking space complete this elegant and comfortable city style condo home. The stunning Ridge Club offers daily continental breakfast in the beautiful Community Room. Fitness center is also included and on-site Concierge/Manager and Handyman/Porter elevate the carefree living. Commuters walk across the street to new Fairfield Metro train station and Whole Foods and other conveniences within easy walking distance. Close to vibrant town center, restaurants and access to Fairfield’s several private beaches. This is luxury condo living unlike any other in the area and is priced to sell.

Last Agent to Sell the Property

Lisa Fratarcangeli

William Raveis Real Estate License #RES.0796569 Listed on: 11/30/2017

William Raveis Real Estate

Co-Listed By

Marlene Fischer

William Raveis Real Estate License #RES.0752724

Last Buyer's Agent

Kathie Sierras

William Raveis Real Estate License #RES.0774558

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,936

Year Built

  • Built in 2005

Lot Details

  • Many Trees

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Frame
  • Frame Construction
  • Masonry Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 1,126 Sq Ft Home
  • Open Floorplan

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Washer
  • Gas Dryer

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Public Water Access
  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Mckinley Elementary School
  • Fairfield Warde High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier in entry and dining are not included

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, water, property management, pest control, road maintenance, insurance
  • 70 Units
  • Stone Ridge Community
  • Property managed by Felner Corporation

Amenities

  • Public Transportation
  • Clubhouse
  • Elevator

Recreation

  • Exercise Course

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,936

Year Built

Built in 2005

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1126
  • Public Record Living Room Sq Ft: 1126
  • Total Sq Ft: 1126
  • Year Built: 2005
  • Nearby Amenities: Health Club, Medical Facilities, Public Transportation, Shopping/Mall
  • Association Amenities: Club House, Elevator, Exercise Room/Health Club, Guest Parking
  • Property Sub Type: Condominium
  • Exclusions: Chandelier in entry and dining are not included
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Special Assessment Details: 147.72 a month - Ask L/A about details
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1216
  • Directions: I-95 to Exit 24 - across from Fairfield Metro Train Station
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Gas Dryer
  • Laundry Room Location: In Unit
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Lighting, Patio
  • Exterior Siding: Brick, Stone
  • Waterfront Description: Water Community
  • Swimming Pool: No
  • Construction Description: Frame, Brick, Stone

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Pest Control, Road Maintenance, Insurance
  • Complex Name: Stone Ridge
  • Levels In Unit: 1
  • HOA Fees: 470
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Felner Corporation

Schools

  • Elementary School: McKinley
  • High School: Fairfield Warde

Lot Info

  • Lot Description: Treed
  • Zoning: DRD
  • Property Info: Gated Community

Rental Info

  • Pets Allowed Info: One Pet Allowed
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5936
  • Total Assessed Value: 229880
  • Mil Rate Base: 25.820
  • Mil Rate Total: 25.820
  • Assessor Parcel Number: 2504765

Multi Family

  • Total Num Of Units: 70

MLS Schools

  • Elementary School: McKinley
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Markham Judith
Bought by
Judith A Markham Ret
Total Days on Market
183
Current Estimated Value
$537,569

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jul 18, 2018
Sold by
Colarusso Connie C
Bought by
Markham Judith
Seller's Agent
Lisa Fratarcangeli
William Raveis Real Estate
Buyer's Agent
Kathie Sierras
William Raveis Real Estate
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$243,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Stone Ridge At Fairfie
Bought by
Colaruso Connie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.28%
Source: Public Records

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Range of Values:

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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
Judith A Markham Ret -- None Available
Judith A Markham Ret -- None Available
Markham Judith $325,000 --
Markham Judith $325,000 --
Colaruso Connie C $550,000 --
Colaruso Connie C $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colaruso Connie C $243,000
Previous Owner Colaruso Connie C $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $325,000 0.0% $289 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $325,000 -13.3% $289 / Sq Ft
01/30/2018 01/30/18 Price Changed $375,000 -3.6% $333 / Sq Ft
11/30/2017 11/30/17 For Sale $389,000 -- $345 / 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 $6,533 $234,150 $0 $234,150
2023 $6,441 $234,150 $0 $234,150
2022 $6,378 $234,150 $0 $234,150
2021 $6,317 $234,150 $0 $234,150
2020 $6,158 $229,880 $0 $229,880
2019 $6,158 $229,880 $0 $229,880
2018 $6,060 $229,880 $0 $229,880
2017 $5,936 $229,880 $0 $229,880
2016 $5,850 $229,880 $0 $229,880
2015 $6,457 $260,470 $0 $260,470
2014 $6,355 $260,470 $0 $260,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170032986

SmartMLS

APN: FAIR-000080-000173-000001