NOT LISTED FOR SALE

503 Reef Rd Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $914,000 - $1,193,000

5 Beds
2 Baths
2,640 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $634,000 $240 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,588/month

Highlights

  • Beach Front
  • Colonial Architecture
  • Finished Attic
  • Roger Sherman Elementary School Rated A
  • Property is near public transit
  • Attic

About This Home

As of April 2023

SUMMER RENTAL . AVAILABLE FOR JUNE ONLY !!! Renovated 5 Bedrooms, 2 full baths Home on a private 0.31 acre walking distance between the Beach and the Town. This home features a large family room, a separate dining room and Renovated Kitchen. Hardwood floors throughout. Available December 1. Pets welcome. Want to Enjoy the Beach LifeStyle and walk or Bike to the New and Renovated Theater and Farm to Table Restaurants: Look no further; this home has it all; Charm and a Convenient Location. PETS WELCOME !. Fully Fenced and Private. Owner- Agent.

Last Agent to Rent the Property

Helene Salerno

Preoh, LLC License #RES.0795449 Listed on: 04/09/2023

Last Renter's Agent

Alex Kniffin

Century 21 AllPoints Realty License #RES.0814620

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,092

Year Built

  • Built in 1932

Lot Details

  • 0.31 Acre Lot
  • Beach Front

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 1 Fireplace
  • Finished Attic
  • Smart Thermostat

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Basement Hatchway
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Private Driveway

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Roger Sherman Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • Property managed by SALERNO REALTY LLC

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,092

Year Built

Built in 1932

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, Security Deposit
  • Landlord Responsibility: Liability Insurance, Real Estate Taxes, Sewer
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Summer Furnished, Flexible Terms Furnished
  • Security Deposit Details: $ 2,000
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Maintenance, Heat, Insurance, Internet, Liability Insurance, Maintenance/Repairs, Move-In/Out Fee, Trash Service, Water

Listing Details

  • Neighborhood: Beach
  • Property Type: Residential Rental
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2640
  • Public Record Living Room Sq Ft: 1632
  • Total Sq Ft: 2640
  • Year Built: 1932
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Transportation
  • Remarks Public Addendum: Ideally located and few steps from Center of Town, Restaurants, Concerts, Farm Markets and the Beach ! Bring your bikes or use ours and pedal into our quaint Beach Town or paddle board the Long Island Sound at Sunrise.
  • Property Sub Type: Single Family Rental
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3306
  • Directions: POST ROAD TO REEF ROAD
  • Special Features: None

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Full With Hatchway, Partial, Partial With Walk-Out, Interior Access, Hatchway Access, Storage
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: MAIN FLOOR
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 503

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Beach, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt

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

  • HOA: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: HELENESALERNO@YAHOO.COM
  • Property Mgt Company Name: SALERNO REALTY LLC
  • Property Mgt Phone: 2039219426

Schools

  • Elementary School: Roger Sherman
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 0.3100
  • Lot Description: Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: B

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 131716

MLS Schools

  • Elementary School: Roger Sherman
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Mar 8, 2022
Sold by
Oconnell Patrick J
Bought by
Salerno Realty Llc
Seller's Agent
Trey Bickers
William Pitt Sotheby's Int'l
Buyer's Agent
Helene Salerno
Preoh, LLC
List Price
$700,000
Sold Price
$634,000
Premium/Discount to List
-$66,000
-9.43%
Current Estimated Value
$1,031,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,688
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Feb 24, 1999
Sold by
Rooney Kathryn
Bought by
Oconnell Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
6.78%
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
Salerno Realty Llc $634,000 None Available
Salerno Realty Llc $634,000 None Available
Oconnell Patrick J $242,500 --
Oconnell Patrick J $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnell Patrick J $75,000
Previous Owner Oconnell Patrick J $182,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Rented $14,000 +7.7% --
04/09/2023 04/09/23 For Rent $13,000 +8.3% --
02/09/2023 02/09/23 Rented $12,000 0.0% --
12/09/2022 12/09/22 For Rent $12,000 +20.0% --
09/02/2022 09/02/22 Rented $10,000 +11.4% --
08/27/2022 08/27/22 Under Contract -- -- --
07/22/2022 07/22/22 Price Changed $8,979 -0.2% $3 / Sq Ft
07/22/2022 07/22/22 For Rent $9,000 0.0% --
04/14/2022 04/14/22 Off Market $9,000 -- --
03/10/2022 03/10/22 Sold $634,000 0.0% $388 / Sq Ft
03/10/2022 03/10/22 For Rent $9,000 0.0% --
02/18/2022 02/18/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $700,000 -- $429 / 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
2025 $13,092 $461,160 $346,990 $114,170
2024 $12,866 $461,160 $346,990 $114,170
2023 $12,687 $461,160 $346,990 $114,170
2022 $12,562 $461,160 $346,990 $114,170
2021 $12,195 $451,990 $346,990 $105,000
2020 $10,498 $391,860 $277,060 $114,800
2019 $10,498 $391,860 $277,060 $114,800
2018 $10,329 $391,860 $277,060 $114,800
2017 $10,118 $391,860 $277,060 $114,800
2016 $9,973 $391,860 $277,060 $114,800
2015 $8,925 $360,010 $276,990 $83,020
2014 $8,784 $360,010 $276,990 $83,020
Source: Public Records

Agents Affiliated with this Home

  • Helene Salerno

    Landlord's Agent in 2023

    Helene Salerno

    Preoh, LLC

    (203) 921-9426

    4 in this area

    7 Total Sales

    Helene Salerno
    Section Image
  • Alex Kniffin

    Tenant's Agent in 2023

    Alex Kniffin

    Century 21 AllPoints Realty

    (203) 295-4338

    1 in this area

    33 Total Sales

    Alex Kniffin
    Section Image

  • T

    Seller's Agent in 2022

    Trey Bickers

    William Pitt

    Section Image
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Map

Source: SmartMLS

MLS Number: 170561427

SmartMLS

APN: FAIR-000182-000000-000127

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

503 Reef Rd, Fairfield, CT

This home is located at 503 Reef Rd, Fairfield, CT 06824 since 09 April 2023 and is currently priced at $1,031,688. This property was built in 1932. 503 Reef Rd is a home located in Fairfield County with nearby schools including Roger Sherman Elementary School, Roger Ludlowe Middle School, and Fairfield Ludlowe 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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