NOT LISTED FOR SALE

551 Redding Rd Redding, CT 06896

Estimated Value: $789,000 - $916,000

3 Beds
2 Baths
3,610 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $650,000 $180 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,539/month

66 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Partially Wooded Lot
  • Redding Elementary School Rated A
  • Cape Cod Architecture
  • Attic

About This Home

As of February 2022

PREPARE FOR ULTIMATE PRIVACY ALONG THE SAUGATUCK RIVER. An updated 1935 cape home, tucked away on over an acre and half of meticulously landscaped property which adjoins 161 acres of Redding Land Trust. Entertain and dine al fresco in the magnificent screened in porch that overlooks the river and accesses from either the kitchen or formal dining room. A guest bedroom on the main level with private bathroom provides convenient amenities for friends and family while the upper level has two bedrooms with ample closets and a Juliet balcony leading from the Master bedroom. Recently refinished hardwood floors throughout, completely renovated bathrooms with whole house water filter treatment system. Two car garage, a full basement with fireplace and home generator. Minutes away from the West Redding Train Station to Grand Central, or just 53 miles to Midtown Manhattan. Quality workmanship in every detail throughout this charming and unique home.

Last Agent to Sell the Property

Marge Lanzara

Coldwell Banker Realty License #REB.0385100 Listed on: 11/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Margi Esten

Coldwell Banker Realty License #RES.0753693

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,389

Year Built

  • Built in 1935

Lot Details

  • 1.66 Acre Lot
  • River Front
  • Open Space
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • 2 Fireplaces
  • Screened Porch
  • Water Views

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio

Location

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

Schools

  • Redding Elementary School
  • John Read Middle School
  • Joel Barlow High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,389

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Neighborhood: Diamond Hill
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2185
  • Public Record Living Room Sq Ft: 2185
  • Sq Ft Est Heated Below Grade: 1425
  • Total Sq Ft: 3610
  • Year Built: 1935
  • Nearby Amenities: Golf Course, Library, Park, Putting Green, Shopping/Mall, Stables/Riding
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5843
  • Directions: Route 53, North of Middle School #551 on left side of road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Floored, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished, Interior Access, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Bathroom
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 551

Exterior Features

  • Exterior Features: Balcony, Patio, Porch-Screened
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Redding
  • Middle School: John Read
  • High School: Joel Barlow

Green Features

  • Energy Features: Generator, Storm Doors, Storm Windows

Lot Info

  • Acres: 1.6600
  • Lot Description: Water View, Borders Open Space, Level Lot, Lightly Wooded, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9389
  • Total Assessed Value: 285900
  • Mil Rate Base: 32.840
  • Mil Rate Total: 32.840
  • Assessor Parcel Number: 270512

MLS Schools

  • Elementary School: Redding
  • Middle Jr High School: John Read
  • High School: Joel Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 9, 2022
Sold by
Rizzo Gilberto Est
Bought by
Mcnamara James M
Seller's Agent
Marge Lanzara
Coldwell Banker Realty
Buyer's Agent
Margi Esten
Coldwell Banker Realty
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$822,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,436
Avg. Annual Appreciation
5.39%
Original Mortgage
$504,000
Outstanding Balance
$472,477
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,818

Purchase Details

Closed on
Aug 31, 1978
Bought by
Rizzo Gilberto and Rizzo Sally D
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 Buyer Sale Price Title Company
Mcnamara James M $640,000 None Available
Rizzo Gilberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara James M $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $650,000 +4.0% $180 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $625,000 -- $173 / 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
2024 $11,482 $399,800 $136,400 $263,400
2023 $11,070 $399,800 $136,400 $263,400
2022 $9,532 $285,900 $148,800 $137,100
2021 $9,389 $285,900 $148,800 $137,100
2020 $9,389 $285,900 $148,800 $137,100
2019 $9,389 $285,900 $148,800 $137,100
2018 $9,069 $285,900 $148,800 $137,100
2017 $8,993 $303,600 $163,900 $139,700
2016 $8,877 $303,600 $163,900 $139,700
2015 $8,777 $303,600 $163,900 $139,700
2014 $8,777 $303,600 $163,900 $139,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170449073

SmartMLS

APN: REDD-000020-000000-000010