NOT LISTED FOR SALE

7 Olcott Way Unit 7 Ridgefield, CT 06877

Estimated Value: $382,000 - $436,000

2 Beds
1 Bath
1,164 Sq Ft
$402/mo HOA Fee

Last Sold February 18, 2020

Last sale price $249,500 $214 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,064/month

26 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Ranch Style House
  • Veterans Park Elementary School Rated A
  • Property is near public transit
  • Patio

About This Home

As of February 2020

Immaculately kept ground floor unit in convenient, sought after Casagmo. Easy walking to everything Ridgefield's historical Main Street has to offer - shopping, restaurants, and entertainment to name a few! Beautiful new wall to wall carpet (2017), granite counters (2017), natural gas furnace (2018), and A/C condenser (2018). Quiet, peaceful back patio convenient for summer grilling or to enjoy your morning coffee with a book. Washer/Dryer in unit (additional shared laundry downstairs in the same building). Heat and hot water are included in common charges!!

Last Agent to Sell the Property

Rudy Marciano

Keller Williams Realty License #REB.0794781 Listed on: 01/09/2020

Keller Williams Realty

Last Buyer's Agent

Mary Beth Stow

Houlihan Lawrence License #RES.0785320

Houlihan Lawrence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1970

Lot Details

  • 1

HOA Fees

  • $402 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • 1,164 Sq Ft Home
  • Ranch Style House
  • Wood Siding
  • Concrete Siding

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Shared Basement
  • Basement Storage

Outdoor Features

  • Outdoor Pool
  • Patio

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include club house, grounds maintenance, trash pickup, snow removal, heat, hot water, water, property management, pool service
  • 307 Units
  • Casagmo Community

Amenities

  • Public Transportation
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,333

Year Built

Built in 1970

Lot Details

0

HOA Fees

$402 per month

Listing Details

  • Neighborhood: Village Center
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1164
  • Public Record Living Room Sq Ft: 1164
  • Total Sq Ft: 1164
  • Year Built: 1970
  • Nearby Amenities: Health Club, Library, Park, Playground/Tot Lot, Private Rec Facilities, Public Pool, Public Rec Facilities, Public Transportation
  • Association Amenities: Club House, Pool
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: $1,206 due in July 2020 (final pmt)
  • Unit On Floor Number: 1
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement, Storage
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In unit (owner) and basement (shared)
  • Laundry Room Info: Common Laundry Area, Main Level
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Club House, Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Property Management, Pool Service
  • Complex Name: Casagmo
  • Levels In Unit: 1
  • HOA Fees: 402
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association
  • Property Manager Email: casagmocondos@gmail.com
  • Property Manager Name: Jeanne Eberhardt
  • Property Manager Phone: 203-438-1285

Schools

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

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: MFDD

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4333
  • Total Assessed Value: 154090
  • Mil Rate Base: 28.120
  • Mil Rate Total: 28.120
  • Assessor Parcel Number: 278100

Multi Family

  • Total Num Of Units: 307

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 13, 2020
Sold by
Cullen Traudy
Bought by
Stephan Waltraud and Stephan Erich
Seller's Agent
Rudy Marciano
Keller Williams Realty
Buyer's Agent
Mary Beth Stow
Houlihan Lawrence
List Price
$249,000
Sold Price
$249,500
Premium/Discount to List
$500
0.2%
Current Estimated Value
$411,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,094
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 21, 2017
Sold by
Deserio Richard and Deserio Diane
Bought by
Cullen Traudy
Seller's Agent
Nancy Ollinger
Houlihan Lawrence
Buyer's Agent
Lee Ratner
Coldwell Banker Realty
List Price
$234,900
Sold Price
$229,000
Premium/Discount to List
-$5,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Feb 8, 2011
Sold by
Melfi Victor J
Bought by
Melfi Victor J
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
Stephan Waltraud $249,500 None Available
Cullen Traudy $229,000 --
Melfi Victor J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melfi Victor J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $249,500 +0.2% $214 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $249,000 +8.7% $214 / Sq Ft
03/17/2017 03/17/17 Sold $229,000 -2.5% $197 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $234,900 -- $202 / 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 $5,756 $210,140 $0 $210,140
2024 $5,537 $210,140 $0 $210,140
2023 $5,424 $210,140 $0 $210,140
2022 $4,779 $168,090 $0 $168,090
2021 $4,742 $168,090 $0 $168,090
2020 $4,727 $168,090 $0 $168,090
2019 $4,333 $154,090 $0 $154,090
2018 $4,281 $154,090 $0 $154,090
2017 $3,610 $132,680 $0 $132,680
2016 $3,541 $132,680 $0 $132,680
2015 $3,451 $132,680 $0 $132,680
2014 $3,451 $132,680 $0 $132,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170261503

SmartMLS

APN: RIDG-000014-E000650