NOT LISTED FOR SALE

50 Stone Ridge Way Unit 2C Fairfield, CT 06824

Grasmere Neighborhood

Estimated Value: $814,000 - $911,057

3 Beds
3 Baths
1,791 Sq Ft
$469/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $745,000 $416 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,398/month

Highlights

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

About This Home

As of September 2022

Located across from the Fairfield Metro Train Station. This elegant Manhattan Style condo offers a carefree lifestyle unlike any other in the area. Large sophisticated 3 bedroom 3 bathroom unit includes a sought after GARAGE SPACE and STORAGE ROOM. The spacious deck receives the morning sun and is a nice addition to this home. Extraordinary appointments and impeccable design elements such as 10' ceilings, wood floors, and a gourmet kitchen w/stainless steel Viking refrigerator, microwave, and stove. The furnace, A/C condenser, and tank-less hot water heater have been recently replaced . The master bedroom suite includes marble bathroom with whirlpool tub and large marble shower stall all are hallmarks of a Stone Ridge home. The stunning Ridge Club has a Fitness Center, Concierge, and Handymen which elevates condo living to new heights. Close to Whole Foods Shopping center and train station. Included with home are Garage Space No. 12, Storage Unit No. 8, and outside Reserved Space No. 47.
PLEASE WEAR MASK AND GLOVES AND REMOVE SHOES BEFORE ENTERING HOME.

Last Agent to Rent the Property

Lisa Fratarcangeli

William Raveis Real Estate License #RES.0796569 Listed on: 08/01/2022

William Raveis Real Estate

Last Renter's Agent

Lisa Fratarcangeli

William Raveis Real Estate License #RES.0796569 Listed on: 08/01/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,379

Year Built

  • Built in 2005

Lot Details

  • Property is zoned DRD

Home Design

  • Ranch Style House
  • Masonry Siding
  • Stone Siding

Interior Spaces

  • 1,791 Sq Ft Home
  • Entrance Foyer
  • Basement Storage

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking
  • Parking Garage Space

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors with lever handles

Outdoor Features

  • Public Water Access
  • Deck
  • Exterior Lighting

Location

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

Schools

  • Mckinley Elementary School
  • Fairfield Warde High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include front desk receptionist, grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, insurance
  • Stone Ridge Community

Amenities

  • Public Transportation
  • Clubhouse
  • Elevator

Recreation

  • Exercise Course

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,379

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 2 month's rent
  • Smoking Allowed: No
  • Tenant Responsibility: Air Conditioning, All Utilities, Cable TV, Credit Check, Electricity, Heat, Hot Water, Liability Insurance, Move-In/Out Fee

Listing Details

  • Neighborhood: Grasmere
  • Property Type: Residential Rental
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1791
  • Public Record Living Room Sq Ft: 1791
  • Total Sq Ft: 1791
  • Year Built: 2005
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Association Amenities: Club House, Elevator, Exercise Room/Health Club, Guest Parking
  • Remarks Public Addendum: The Condo Association charges a $250.00 non-refundable move-in fee and a $500.00 refundable security fee prior to moving in. Located across from the Fairfield Metro Train Station. Convenient access to I-95, Merritt Parkway, and the Post Road.
  • Property Sub Type: Condominium Rental
  • Handicap Features: 32" Minimum Door Widths, Hallways 36+ Inches Wide, Lever Door Handles
  • Direct Waterfront: No
  • End Unit: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1981
  • Directions: Exit 24 off 95 to Kings Hwy East to Stone Ridge Way - Across from Fairfield Metro Train Station
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: full size washer/dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 50

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Front Desk Receptionist, Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Pest Control, Insurance
  • Complex Name: Stone Ridge
  • Levels In Unit: 1
  • HOA: Yes
  • Property Manager Name: Felner Corporation

Schools

  • Elementary School: McKinley
  • Middle School: Per Board of Ed
  • High School: Fairfield Warde

Lot Info

  • Lot Description: N/A
  • Zoning: DRD
  • Property Info: Gated Community

Multi Family

  • Total Num Of Units: 70

Tax Info

  • Assessor Parcel Number: 2501458

MLS Schools

  • Elementary School: McKinley
  • Middle Jr High School: Per Board of Ed
  • High School: Fairfield Warde

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 26, 2022
Sold by
Rao Sanjeev and Rao Rowena P
Bought by
Norell Apartments Llc
Seller's Agent
Lisa Fratarcangeli
William Raveis Real Estate
Buyer's Agent
Evan Paushter
NuSite Realty Co.
List Price
$759,000
Sold Price
$745,000
Premium/Discount to List
-$14,000
-1.84%
Current Estimated Value
$839,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,264
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Dec 31, 2020
Sold by
50 Stone Ridge Way Llc
Bought by
Rao Sanjeev and Rao Rowena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 5, 2017
Sold by
Rao Sanjeev and Rao Rowena P
Bought by
50 Stone Ridge Way Llc

Purchase Details

Closed on
Oct 9, 2013
Sold by
Sunflower Holdings Llc
Bought by
Rao Sanjeev

Purchase Details

Closed on
Aug 23, 2013
Sold by
Afif Ammar and Aziz Farina
Bought by
Sunflower Holdings Llc
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
Norell Apartments Llc $745,000 None Available
Rao Sanjeev -- None Available
Rao Sanjeev -- None Available
50 Stone Ridge Way Llc -- --
50 Stone Ridge Way Llc -- --
Rao Sanjeev -- --
Rao Sanjeev -- --
Sunflower Holdings Llc $475,000 --
Sunflower Holdings Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Sanjeev $375,000
Previous Owner Sunflower Holdings Llc $417,000
Previous Owner Sunflower Holdings Llc $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2022 09/20/22 Rented $4,600 -4.2% --
09/16/2022 09/16/22 Under Contract -- -- --
08/01/2022 08/01/22 For Rent $4,800 0.0% --
04/27/2022 04/27/22 Sold $745,000 -1.8% $416 / Sq Ft View Prior Sale
04/01/2022 04/01/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $759,000 0.0% $424 / Sq Ft
06/29/2020 06/29/20 Rented $4,500 0.0% --
05/23/2020 05/23/20 For Rent $4,500 +12.5% --
10/07/2014 10/07/14 Rented $4,000 -2.4% --
09/07/2014 09/07/14 Under Contract -- -- --
07/30/2014 07/30/14 For Rent $4,100 +2.5% --
12/05/2013 12/05/13 Rented $4,000 +2.6% --
12/05/2013 12/05/13 For Rent $3,900 +14.7% --
05/28/2013 05/28/13 Rented $3,400 0.0% --
05/28/2013 05/28/13 For Rent $3,400 -- --
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 $11,379 $400,820 $0 $400,820
2024 $11,183 $400,820 $0 $400,820
2023 $11,027 $400,820 $0 $400,820
2022 $10,918 $400,820 $0 $400,820
2021 $10,814 $400,820 $0 $400,820
2020 $10,569 $394,520 $0 $394,520
2019 $10,569 $394,520 $0 $394,520
2018 $10,400 $394,520 $0 $394,520
2017 $10,187 $394,520 $0 $394,520
2016 $10,041 $394,520 $0 $394,520
2015 $11,321 $456,680 $0 $456,680
2014 $11,143 $456,680 $0 $456,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170511809

SmartMLS

APN: FAIR-000080-000173-000008