NOT LISTED FOR SALE

723 Riverbank Rd Stamford, CT 06903

North Stamford Neighborhood

Estimated Value: $475,000 - $1,527,248

7 Beds
4.5 Baths
5,497 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $825,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,314/month

213 Days on Market

Highlights

  • Beach Access
  • 5.8 Acre Lot
  • Farm
  • Guest House
  • Colonial Architecture
  • Finished Attic

About This Home

As of March 2017

Beautiful 5.8 acre estate with a home rich in history and heritage and additional lot. Horse trails and barn with potential stable. Additional cottage with 4 car garage and 1,600 sq ft apartment (rental income!). Perfect investment opportunity as this estate offers potentially three separate lots that can be divided after title transfer. (currently two subdivided lots) OR refurbish the existing home to create your dream estate which boasts 7 bedrooms, 4.5 bathroom, three fireplaces, wide plank floors, and more. Many options including equestrian estate, farm, family compound, 3 lot subdivision, keep a lot or 2 and sell others. Frontage on quiet Riverside Drive. Beautiful grounds and amazing potential. Call agent for more details.

Last Agent to Sell the Property

Edward Zislis

Higgins Group Real Estate License #RES.0787895 Listed on: 07/08/2016

Higgins Group Real Estate

Co-Listed By

Julie Vanderblue

Higgins Group Real Estate License #RES.0751136

Last Buyer's Agent

Edward Zislis

Higgins Group Real Estate License #RES.0787895 Listed on: 07/08/2016

Higgins Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,353

Year Built

  • Built in 1939

Lot Details

  • 5.8 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned RA2

Parking

  • 4 Car Detached Garage

Home Design

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

Interior Spaces

  • 3 Fireplaces
  • Mud Room
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms

Attic

  • Walkup Attic
  • Finished Attic

Outdoor Features

  • Beach Access
  • Patio
  • Gazebo
  • Shed
  • Porch

Schools

  • Davenport Ridge Elementary School
  • Turn Of River Middle School
  • Stamford High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Additional Features

  • Guest House
  • Farm

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,353

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Neighborhood: North Stamford
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, Colonial
  • Sq Ft Est Heated Above Grade: 3403
  • Sq Ft Est Heated Below Grade: 2094
  • Total Sq Ft: 5497
  • Year Built: 1939
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Westover or Roxbury to Riverbank. CORNER OF RIVERBANK DRIVE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Finished, Walk-up
  • Basement Description: Partial
  • Appliances: Oven/Range
  • Additional Rooms: Mud Room
  • Attic: Yes

Exterior Features

  • Exterior Features: Gazebo, Guest House, Patio, Porch, Shed
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 5.8000
  • Lot Description: Corner Lot, Farm Land, Level Lot, Sloping Lot
  • Zoning: RA2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 18353
  • Mil Rate Base: 24.820
  • Assessor Parcel Number: 329984

MLS Schools

  • Elementary School: Davenport Ridge
  • Middle Jr High School: Turn of River
  • High School: Stamford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Mar 8, 2017
Sold by
Gleason Ft and Gleason
Bought by
Merrick David M and Freidberg Emily
Seller's Agent
Edward Zislis
Higgins Group Real Estate
Buyer's Agent
Edward Zislis
Higgins Group Real Estate
List Price
$1,200,000
Sold Price
$825,000
Premium/Discount to List
-$375,000
-31.25%
Current Estimated Value
$1,114,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,083
Avg. Annual Appreciation
3.51%
Original Mortgage
$601,000
Outstanding Balance
$497,464
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$616,619

Purchase Details

Closed on
Aug 23, 2011
Sold by
Gleason Donald R and Gleason Nancy D
Bought by
Gleason Donald R

Purchase Details

Closed on
Oct 10, 2006
Sold by
Gleason Nancy D
Bought by
Gleason Nancy D

Purchase Details

Closed on
Aug 24, 1993
Sold by
Selleck Emily
Bought by
Gleason John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Merrick David M -- --
Merrick David M -- --
Gleason Ft -- --
Gleason Ft -- --
Merrick David M -- --
Merrick David M -- --
Gleason Donald R -- --
Gleason Nancy D -- --
Gleason John $150,000 --
Merrick David M -- --
Gleason Donald R -- --
Gleason Nancy D -- --
Gleason John $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrick David M $601,000
Closed Merrick David M $601,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $825,000 -31.3% $150 / Sq Ft
07/08/2016 07/08/16 For Sale $1,200,000 -- $218 / 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 $17,374 $746,640 $322,480 $424,160
2024 $16,994 $746,640 $322,480 $424,160
2023 $18,263 $746,640 $322,480 $424,160
2022 $16,396 $622,720 $247,390 $375,330
2021 $16,172 $622,720 $247,390 $375,330
2020 $15,773 $622,720 $247,390 $375,330
2019 $17,705 $698,960 $323,630 $375,330
2018 $17,090 $698,960 $323,630 $375,330
2017 $18,923 $739,450 $351,750 $387,700
2016 $18,353 $739,450 $351,750 $387,700
2015 $17,850 $739,450 $351,750 $387,700
2014 $17,237 $739,450 $351,750 $387,700
Source: Public Records

Agents Affiliated with this Home

  • Edward Zislis

    Seller's Agent in 2017

    Edward Zislis

    Higgins Group Real Estate

    (203) 550-0666

    6 in this area

    64 Total Sales

    Edward Zislis
    Section Image
  • Julie Vanderblue

    Seller Co-Listing Agent in 2017

    Julie Vanderblue

    Higgins Group Real Estate

    (475) 471-0636

    2 in this area

    197 Total Sales

    Julie Vanderblue
    Section Image
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Map

Source: SmartMLS

MLS Number: 99152849

SmartMLS

APN: STAM-000001-000000-009606

Connecticut Fairfield County Stamford 06903 North Stamford

723 Riverbank Rd, Stamford, CT

Not Listed for Sale

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