$6,350,000
SOLD OCT 13, 2020

500 Lake Ave Greenwich, CT 06830

Mid-Country West Neighborhood
7 Beds
9 Baths
10,018 Sq Ft
2.61 Acres

Recently Sold

$634 Per Sq Ft

18% Below List Price

349 Days on Market

About This Home

As of October 2020

A brand new, never occupied masterwork by Alex Kaali-Nagy is ready for immediate occupancy. In the heart of Mid-Country, 500 Lake Avenue features 10,000 +/- square feet of pristine living space amidst a natural 10+ acre bird sanctuary protected by historic gates. Convenient to quality health care and prestigious hospitals, top rated public and independent schools and transportation by Metro North Railroad, or major highways, this is the ideal location close to downtown Greenwich. Offered below replacement cost, with no other new construction projects in the pipeline, the time to act is now. Secure the lifestyle of your dreams for your family. Visit www.500LakeAvenue.com for photographs, floor plans and video. Call today for a virtual tour or private preview.

Last Agent to Sell the Property

Leslie McElwreath

Sotheby's International Realty License #RES.0763604 Listed on: 09/11/2019

Sotheby's International Realty

Last Buyer's Agent

Angela Swift

Compass Connecticut, LLC License #RES.0767293

Compass Connecticut, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,142

Year Built

2020

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 2.61
  • Inclusions: Washer/Dryer, All Kitchen Applncs
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Finished, Full
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Back Stairs, Cat 5/6 Wiring, Central Vacuum, Bookcases
  • Window Features: Double Pane Windows
  • Basement Type:Finished2: Yes
  • Attic Finished: Yes
  • Basement Type:Full: Yes
  • Other Room LevelFP:_one_st50: 2
  • Other Room Comments:Mudroom: Yes
  • Other Room LevelFP 3:LL51: 2
  • Other Room Comments:Butler_squote_s Pantry: Yes
  • Other Room Comments 2:Sitting Room2: Yes
  • Other Room Comments 3:See Remarks7: Yes
  • Other Room LevelFP 2:_three_rd51: 1

Exterior Features

  • Roof: Slate
  • Lot Features: Adjcnt Conservation, Cul-de-Sac
  • Pool Private: No
  • Construction Type: Clapboard
  • Patio And Porch Features: Terrace
  • Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Electric Gate
  • General Property Info:Garage Desc: Attached
  • Features:Auto Garage Door: Yes

Utilities

  • Water Source: Public
  • Cooling: Central A/C
  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Hydro-Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 3000.0
  • Association: Yes

Association/Amenities

  • Features:Gated Association: Yes

Schools

  • Elementary School: North Street
  • Middle Or Junior School: Central

Lot Info

  • Zoning: RA-2
  • Lot Size Sq Ft: 113691.6
  • Parcel #: 10-3092
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 12, 2020
Sold by
Lake Ave Home Llc
Bought by
Srq 496 Lake Holdings Llc
Seller's Agent
Leslie McElwreath
Sotheby's International Realty
Buyer's Agent
Angela Swift
Compass Connecticut, LLC
List Price
$7,700,000
Sold Price
$6,350,000
Premium/Discount to List
-$1,350,000
-17.53%
Current Estimated Value
$8,931,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,581,119
Avg. Annual Appreciation
7.40%
Original Mortgage
$4,600,000
Outstanding Balance
$4,080,551
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,850,568

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 9, 2020
Sold by
500 Lake Llc
Bought by
Yoselevsky Bahar R and Yoselevsky Joshua A
Seller's Agent
Leslie McElwreath
Sotheby's International Realty
Buyer's Agent
Angela Swift
Compass Connecticut, LLC
List Price
$7,700,000
Sold Price
$6,350,000
Premium/Discount to List
-$1,350,000
-17.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,600,000
Outstanding Balance
$4,080,551
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,850,568
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 Type Sale Price Title Company
Warranty Deed $7,200,000 None Available
Warranty Deed $6,350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,600,000 Purchase Money Mortgage
Previous Owner $3,500,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $6,350,000 -17.5% $634 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
09/11/2019 09/11/19 For Sale $7,700,000 +36.3% $769 / Sq Ft
09/12/2016 09/12/16 Sold $5,650,000 -31.1% $459 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/09/2015 06/09/15 For Sale $8,195,000 -- $666 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $59,142 $4,912,110 $1,446,480 $3,465,630
2024 $57,521 $4,912,110 $1,446,480 $3,465,630
2023 $55,949 $4,912,110 $1,446,480 $3,465,630
2022 $50,698 $4,494,490 $1,446,480 $3,048,010
2021 $52,721 $4,548,810 $1,178,520 $3,370,290
2020 $48,294 $4,166,890 $1,178,520 $2,988,370
2019 $16,113 $1,379,560 $1,178,520 $201,040
2018 $13,989 $1,178,520 $1,178,520 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie McElwreath

    Seller's Agent in 2020

    Leslie McElwreath

    Sotheby's International Realty

    (917) 539-3654

    34 in this area

    174 Total Sales

    Leslie McElwreath
    Section Image

  • A

    Buyer's Agent in 2020

    Angela Swift

    Compass Connecticut, LLC

    (203) 253-5292

    3 in this area

    111 Total Sales

    Angela Swift
    Section Image

  • D

    Seller's Agent in 2016

    Danielle Malloy

    Five Corners Properties

  • J

    Seller Co-Listing Agent in 2016

    Jean Ruggiero

    Five Corners Properties

  • Linda Michonski

    Buyer's Agent in 2016

    Linda Michonski

    Douglas Elliman of Connecticut

    (203) 561-0694

    2 in this area

    23 Total Sales

    Linda Michonski
    Section Image
See All Agents

Map

Source: Greenwich Association of REALTORS®

MLS Number: 107785

Greenwich Association of REALTORS®

APN: 10-3705

Connecticut Fairfield County Greenwich 06830 Mid-Country West

500 Lake Ave, Greenwich, CT

This home is located at 500 Lake Ave, Greenwich, CT 06830 and is currently priced at $6,350,000, approximately $633 per square foot. This property was built in 2020. 500 Lake Ave is a home located in Fairfield County with nearby schools including North Street School, Central Middle School, and Greenwich High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greenwich Association of REALTORS® Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to
identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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