$5,650,000
SOLD SEP 12, 2016

500 Lake Ave Greenwich, CT 06830

Mid-Country West Neighborhood
7 Beds
11 Baths
12,300 Sq Ft
10 Acres

Recently Sold

$459 Per Sq Ft

31% Below List Price

376 Days on Market

About This Home

As of October 2020

THIS SERENE 1906 GREAT ESTATE IS SET ON OVER 10 BEAUTIFUL ACRES. PRIVATE GATED ENTRY OFF COVETED LAKE AVENUE ONLY MINUTES TO DOWNTOWN GREENWICH. GENEROUSLY SCALED ENTERTAINING SPACES WITH EXQUISITE ARCHITECTURAL DETAILS. BANQUET SIZED DINING ROOM W/FIREPLACE AND LARGE ENSUITE BEDROOMS. SECLUDED POOL, POOL HOUSE AND ALL WEATHER TENNIS COURT. GARAGE APT.HAS LIVING RM, KIT, 3 BEDS & 3 BATHS. SEPARATE DEEDED 2.41 ACRE PARCEL OF LAND INCLUDED IN THIS VERY SPECIAL OFFERING TO CREATE A FAMILY COMPOUND.

Last Agent to Sell the Property

Danielle Malloy

Five Corners Properties Listed on: 06/09/2015

Co-Listed By

Jean Ruggiero

Five Corners Properties

Last Buyer's Agent

Linda Michonski

Douglas Elliman of Connecticut License #RES.0760120

Douglas Elliman of Connecticut

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,142

Year Built

1906

Lot Details

0

Parking

5

Listing Details

  • Entry Hall Level F P F P: 1
  • Prop. Type: Residential
  • Year Built: 1906
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 10.24
  • Co List Office Mls Id: SCIA01
  • Co List Office Phone: 203-992-1444
  • Inclusions: Washer/Dryer, All Kitchen Applncs
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Generator
  • Has Basement: Partially Finished
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 9
  • Fireplace: Yes
  • Interior Amenities: Whirlpool Tub, Kitchen Island
  • Other Room LevelFP:FP15: 1
  • Other Room LevelFP 3:_three_rd52: 1
  • Other Room LevelFP:_one_st50: 1
  • Basement Type:Partially Finished: Yes
  • Other Room Comments 2:Exercise Room3: Yes
  • Other Room Comments 3:Playroom3: Yes
  • Other Room LevelFP 2:_two_nd51: 1
  • Other Room LevelFP 3:_one_st52: 1
  • Other Room Comments:Solarium: Yes

Exterior Features

  • Roof: Wood
  • Lot Features: Meadow, Parklike
  • Pool Private: Yes
  • Construction Type: Clapboard
  • Other Structures: Garage Apartment, Pool House
  • Patio And Porch Features: Terrace

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Electric Gate
  • General Property Info:Garage Desc: Attached/Detached
  • Outbuildings:Garage Apartment: Yes

Utilities

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

Schools

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

Lot Info

  • Zoning: RA-2
  • Lot Size Sq Ft: 446054.4
  • Parcel #: 10-1228
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 111736.58

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
7.41%
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

Similar Homes in Greenwich, CT

  • 20 Sherwood Farm Ln, Greenwich, CT 06831

    $5,495,000

    • 6 Beds
    • 8 Baths
    • 7,930 Sq Ft
    • 20 Sherwood Farm Ln
    • Greenwich, CT

    Step into luxury with this newly staged custom built home in one of Greenwich's prestigious associations. Perfectly situated near downtown, this elegant property offers a blend of sophistication and convenience- now at an improved price! A stunning custom built white Georgian Colonial in the coveted mid country Sherwood Farm Association is sited on a picturesque level acre lot. This six bedroom

    Richard Higgins Higgins Group Bedford Square

    Section Image
  • 79 Richmond Hill Rd, Greenwich, CT 06831

    $6,250,000

    • 6 Beds
    • 8 Baths
    • 7,447 Sq Ft
    • 79 Richmond Hill Rd
    • Greenwich, CT

    Completely renovated exquisitely designed Colonial-style home, nestled on 4 park-like acres. Custom millwork, built-ins, designer lighting, and European fixtures. Light-filled family dining area featuring a 20-foot curved sliding glass wall that opens to the patio and pool. The Primary Suite boasts private balcony, large dressing room, and luxurious bath complete with radiant heated floors,

    Kevin Stone Sotheby's International Realty

    Section Image
  • 477 Lake Ave, Greenwich, CT 06830

    $5,595,000

    • 5 Beds
    • 5 Baths
    • 3,231 Sq Ft
    • 477 Lake Ave
    • Greenwich, CT

    Seize the opportunity to own a rare piece of Greenwich's prestigious ''Golden Triangle.'' This exceptional 2.83-acre property, available for the first time since 1988, is a true gem, offering a private, level, and beautifully landscaped lot. With town water, gas, and sewer already in place, this is an unparalleled find. This 1962 classic brick and clapboard home spans 3,231 sq. ft. of refined

    Stephen Archino Sotheby's International Realty

    Section Image
  • 2 Winding Ln, Greenwich, CT 06831

    $6,395,000

    • 7 Beds
    • 8 Baths
    • 8,068 Sq Ft
    • 2 Winding Ln
    • Greenwich, CT

    LOCATION, LOCATION LOCATION Set back on 2 private acres very close to town & landscaped to perfection, this exquisite property with over sized salt water pool, tennis court, children's playground, exquisite gardens & entertaining terraces offer today's buyers the perfect lifestyle. 8000+sq.ft. brick residence w/ new slate composite roof features 6 bdrms/6 bths, private office., lg light filled

    Helene Barre Sotheby's International Realty

    Section Image
  • 7 Deer Ln, Greenwich, CT 06830

    $6,200,000

    • 5 Beds
    • 8 Baths
    • 5,461 Sq Ft
    • 7 Deer Ln
    • Greenwich, CT

    Long driveway leads to this private home located on an idyllic quiet lane minutes to downtown Greenwich, schools, and train. Complete renovation and addition with high end finishes throughout. Living room with fireplace has views of the large patio and level yard surrounded by lg mature trees. Formal dining room. Chef kitchen with over-sized island, eat-in area, top appliances, and beverage area

    Joann Erb Brown Harris Stevens CT, LLC

    Section Image
  • 121 Round Hill Rd, Greenwich, CT 06831

    $4,350,000

    • 5 Beds
    • 4.5 Baths
    • 3,858 Sq Ft
    • 121 Round Hill Rd
    • Greenwich, CT

    This home was built with great bones and is now ready for a full renovation. OR, take it down and build new - see photos. Gorgeous 2.3 acres combine with a premier Round Hill Rd. address! The topography of 121 Round Hill Road offers uncommon long vistas from all floors with a unique blend of openness and privacy. Irrigated, manicured lawns, plantings, old stonewalls, and natural areas provide a

    Sabine Schoenberg Primesites, Inc.

    Section Image
  • 121 Round Hill Rd, Greenwich, CT 06831

    $4,350,000

    • 6 Beds
    • 5 Baths
    • 4,958 Sq Ft
    • 121 Round Hill Rd
    • Greenwich, CT

    Premier Round Hill Rd location! Fabulous property, pool, stable, the perfect blend of tranquil manicured and natural landscapes. Move right into this 5 bedroom 4 1/2 bath home, also featuring upgrades like generator, irrigation system, and largely new windows. Given this top location, capture much value ''runway'' and create your perfect kitchen and living improvements. Limitedless upside. See

    Sabine Schoenberg PrimeSites, Inc.

    Section Image
  • 2 Sparrow Ln, Greenwich, CT 06830

    $6,195,000

    • 6 Beds
    • 8 Baths
    • 5,210 Sq Ft
    • 2 Sparrow Ln
    • Greenwich, CT

    Redesigned in 2019 by renowned architect Doug Vanderhorn, this 6-bedroom, 6.5-bathroom home blends exceptional craftsmanship with natural light throughout. The main level features formal living and dining rooms, a private office, and an open-concept kitchen and family room, all opening to a patio and level grounds with a playground. Upstairs, the second level features 5 en-suite bedrooms,

    Jennifer Leahy Compass Connecticut, LLC

    Section Image
  • 14 Zaccheus Mead Ln, Greenwich, CT 06831

    $5,900,000

    • 7 Beds
    • 4 Baths
    • 6,636 Sq Ft
    • 14 Zaccheus Mead Ln
    • Greenwich, CT

    First time on the market in over 50 years, 1906 stone house fashioned after European castle with two guest cottages on 7.81 acres (2-acre zone) in the private Rock Ridge Association. Sited atop a hill surrounded by mature trees, the one-of-a-kind main house is filled with antique wood carvings, original paneling, beamed and tracery plaster ceilings. A 2-bedroom guest cottage shares the main

    Joseph Barbieri Sotheby's International Realty

    Section Image
See All Homes in Greenwich

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: 93706

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 $5,650,000, approximately $459 per square foot. This property was built in 1906. 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.

Nearby Homes