NOT LISTED FOR SALE

500 Main St Unit 4 Ridgefield, CT 06877

Estimated Value: $1,142,000 - $2,565,000

3 Beds
3.5 Baths
4,258 Sq Ft
$416/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,635,000 $384 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,601/month

170 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • Colonial Architecture
  • Finished Attic
  • Veterans Park Elementary School Rated A
  • ENERGY STAR Certified Homes
  • 4-minute walk to Ballard Park

About This Home

As of January 2021

Originally built by Thomas Henry Rockwell in 1760 & named The Elms, this home became an Inn in 1799 & served Ridgefield for 214 years. Painstakingly restored & updated for today's lifestyle the 3BR home retains the original chestnut framing, two center chimneys hosting six fireplaces & the original floor plan. Dark hardwood floors, barrel vaulted ceilings, French doors & detailed crown molding & trim work abound. Main floor incl Formal Dining Rm; Living Rm w/fireplace; top-of-the-line Kitchen w/built-in sideboard, prof appliances + stone fireplace w/reclaimed wood mantel; comfortable Family Rm w/fireplace & built-in cabinetry. Upstairs, Master Suite has vaulted ceiling, huge WIC & beautiful master bath w/claw foot tub, oversized marble shower, double vanity & radiant floor heating. 2 add'l BRs are en suite w/fireplaces & WIC. A relaxed sitting room could function perfectly as a private office. 3rd flr hosts 2nd Family Rm or Studio. The unique LL takes advantage of the stone foundation & exposed beams for a Media Rm, Office & fully equipped Gym. The 2-car garage & driveway provides parking for 4 cars, but the true allure of the property is it’s location. In the heart of Ridgefield, it’s truly one of the best locations on Main Street. Features incl a large front porch, slate patio, whole house integrated video & audio system, natural gas heating & whole house humidifier system + town water/sewer. Over $100,000 in improvements since purchase. Can be purchased fully furnished.

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 05/23/2020

Compass Connecticut, LLC

Last Buyer's Agent

Peggy Marconi

Compass Connecticut, LLC License #RES.0759816

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,665

Year Built

  • Built in 2015

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned RA

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • Built In Speakers
  • Sound System
  • 6 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Home Gym
  • Concrete Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Patio
  • Porch

Schools

  • Veterans Park Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Underground Utilities

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near shops

Listing and Financial Details

  • Exclusions: Ask agent for details; can be purchased furnished

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,665

Year Built

Built in 2015

Lot Details

4,792 Sq Ft Lot

HOA Fees

$550 per month

Listing Details

  • Neighborhood: Village Center
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3597
  • Public Record Living Room Sq Ft: 3701
  • Sq Ft Est Heated Below Grade: 661
  • Total Sq Ft: 4258
  • Year Built: 2015
  • Nearby Amenities: Health Club, Library, Park, Shopping/Mall, Tennis Courts
  • Exclusions: Ask agent for details; can be purchased furnished
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 08/24/2020
  • Directions: Main Street to The Elms. Front property with porch facing Main Street #4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 6
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Fully Finished, Heated, Concrete Floor, Interior Access
  • Interior Amenities: Audio System, Auto Garage Door Opener, Security System
  • Appliances: Gas Range, Range Hood, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Built In Audio, Thermostat(s)

Exterior Features

  • Exterior Features: Garden Area, Patio, Porch, Sidewalk, Underground Utilities
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved
  • Garages Number: 2
  • Driveway Type: Shared, Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Energy Star Rated, Programmable Thermostat

Lot Info

  • Acres: 0.1100
  • Lot Description: In Subdivision, Corner Lot, Level Lot
  • Zoning: RA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 34665
  • Mil Rate Base: 28.120
  • Assessor Parcel Number: 2657379

MLS Schools

  • Elementary School: Veterans Park
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
May 25, 2016
Sold by
Elms Dev Co Llc
Bought by
Hill Charles H and Hill Catherine A
Seller's Agent
Matthew Lecher
Matthew Lecher Real Estate
Buyer's Agent
Gail Zawacki
Coldwell Banker Realty
List Price
$1,925,000
Sold Price
$1,815,700
Premium/Discount to List
-$109,300
-5.68%
Current Estimated Value
$1,771,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,618
Avg. Annual Appreciation
-0.25%
Original Mortgage
$1,000,000
Outstanding Balance
$793,988
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$977,094
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
Hill Charles H $1,815,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Charles H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $1,635,000 -6.3% $384 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $1,745,000 -3.9% $410 / Sq Ft
05/23/2016 05/23/16 Sold $1,815,700 -5.7% $478 / Sq Ft View Prior Sale
04/23/2016 04/23/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $1,925,000 -- $507 / Sq Ft
Source: SmartMLS

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 $35,443 $1,294,020 $0 $1,294,020
2024 $34,097 $1,294,020 $0 $1,294,020
2023 $33,399 $1,294,020 $0 $1,294,020
2022 $35,047 $1,232,760 $350 $1,232,410
2021 $34,776 $1,232,760 $350 $1,232,410
2020 $34,665 $1,232,760 $350 $1,232,410
2019 $21,556 $1,232,760 $350 $1,232,410
2018 $34,246 $1,232,760 $350 $1,232,410
2017 $31,130 $1,144,080 $0 $1,144,080
2016 $30,535 $1,144,080 $0 $1,144,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170298103

SmartMLS

APN: RIDG-000014-E000999

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