NOT LISTED FOR SALE

561 Reef Rd Fairfield, CT 06824

Fairfield Beach Neighborhood

Estimated Value: $951,000 - $1,589,000

3 Beds
1 Bath
1,068 Sq Ft
$1,219/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,325,000 $1,241 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,996/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Roger Sherman Elementary School Rated A
  • Wood Siding

About This Home

As of May 2024

HIGHEST AND BEST OFFERS DUE TUESDAY APRIL 23RD AT 5PM. Attention Investors, this incredible Zone B .28-acre property (Per Public Record) located in the sought after Fairfield Beach Neighborhood is ready for development. Walk to town, train, shops as well as the beach. The property is being sold As-Is, Where Is and subject to probate court approval. The buyer is responsible for cleaning out the home and property at the buyer's expense. There was an above ground oil tank on the property which has been removed and on record at the Fire Marshalls office, documents at the end of the property disclosure. Cash offer is preferred and no contingencies.

Last Agent to Sell the Property

George Papageorge

Regal Real Estate, LLC License #REB.0792074 Listed on: 04/12/2024

Last Buyer's Agent

Chrissie Rodriguez

Higgins Group Real Estate License #RES.0777695

Higgins Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,636

Year Built

  • Built in 1883

Lot Details

  • 0.28

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • Partial Basement
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 0.28 Acre Lot
  • Flood Zone Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 131705

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,636

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Neighborhood: Beach
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1068
  • Total Sq Ft: 1068
  • Year Built: 1883
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Corner of Reef Rd to Lind St.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1068
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Partial
  • Appliances: Gas Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 561

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.28
  • Lot Description: Corner Lot Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: B
  • Parcel #: 131705

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10636
  • Total Assessed Value: 386610
  • Mil Rate Total: 27.51

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 20, 2024
Sold by
Bevans Robert J Est and Hodges
Bought by
Js Fairfield Llc
Seller's Agent
George Papageorge
Regal Real Estate, LLC
Buyer's Agent
Chrissie Rodriguez
Higgins Group Real Estate
List Price
$850,000
Sold Price
$1,325,000
Premium/Discount to List
$475,000
55.88%
Views
61
Current Estimated Value
$1,302,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,921
Avg. Annual Appreciation
2.64%
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
Js Fairfield Llc $1,325,000 None Available
Js Fairfield Llc $1,325,000 None Available
Js Fairfield Llc $1,325,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,325,000 +55.9% $1,241 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $850,000 -- $796 / 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 $10,976 $386,610 $336,840 $49,770
2024 $10,786 $386,610 $336,840 $49,770
2023 $10,636 $386,610 $336,840 $49,770
2022 $10,531 $386,610 $336,840 $49,770
2021 $10,431 $386,610 $336,840 $49,770
2020 $8,745 $326,410 $268,940 $57,470
2019 $8,745 $326,410 $268,940 $57,470
2018 $8,604 $326,410 $268,940 $57,470
2017 $8,428 $326,410 $268,940 $57,470
2016 $8,307 $326,410 $268,940 $57,470
2015 $8,274 $333,760 $298,830 $34,930
2014 $8,144 $333,760 $298,830 $34,930
Source: Public Records

Agents Affiliated with this Home

  • George Papageorge

    Seller's Agent in 2024

    George Papageorge

    Regal Real Estate, LLC

    (203) 218-9364

    2 in this area

    40 Total Sales

    George Papageorge
    Section Image
  • Chrissie Rodriguez

    Buyer's Agent in 2024

    Chrissie Rodriguez

    Higgins Group Real Estate

    (203) 912-5018

    6 in this area

    38 Total Sales

    Chrissie Rodriguez
    Section Image
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Map

Source: SmartMLS

MLS Number: 24009716

SmartMLS

APN: FAIR-000182-000000-000116

Connecticut Fairfield County Fairfield 06824 Fairfield Beach

561 Reef Rd, Fairfield, CT

This home is located at 561 Reef Rd, Fairfield, CT 06824 since 12 April 2024 and is currently estimated at $1,302,079, approximately $1,219 per square foot. This property was built in 1883. 561 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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