NOT LISTED FOR SALE

76 Lake Dr S New Fairfield, CT 06812

Estimated Value: $1,523,000 - $4,412,009

1.58 Acres
$1,758,546 Price per Acre
68,825 Sq Ft Lot

Last Sold January 30, 2020

Last sale price $1,400,000

Est. 98% increase in value since last sale

Current estimated payment $17,918/month

93 Days on Market

Highlights

  • Lake Front
  • 1.58 Acre Lot
  • No HOA
  • New Fairfield Middle School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of January 2020

This is the opportunity of a lifetime to build your dream waterfront home! Absolutely the best direct waterfront parcel on Candlewood Lake with breathtaking, expansive, southwestern exposure and an easy walk to the water. 1.58 acres of pure beauty in the exclusive, guarded, highly desirable Candlewood Isle water community. Approved, level building lot, deep water harbor & 300 feet of water frontage protected by a stone seawall. Wonderful home owner's association offering tennis, beach, clubhouse and much more!! Candlewood Lake itself is recognized as one the most desirable lakes on the East Coast. Just 65 miles from NYC, it is a popular tourist destination & the area is home to both year-round & second homes. The lake is used for recreation year-round for swimming, fishing and boating. Along its approximately 60-mile shoreline are tourist resorts & recreational facilities, including restaurants, beaches & marinas. Paddleboarding, water skiing, tubing & other water sports are commonly seen taking place on the lake, as well as sunbathing & more from the many docks & beaches. Create your own weekend retreat or full time residence. Approved building concept includes: 5 Bedrooms Main Home, separate 2 Bedroom Guest House and amazing Pool w/several outdoor terraces along the lake side. See rendering in supplements and photos. Convenient Getaway Destination - Less than 90 Minutes from NYC! It truly does not get better than this...Live the Dream!

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 10/22/2019

Compass Connecticut, LLC

Last Buyer's Agent

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 10/22/2019

Compass Connecticut, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,093

Lot Details

  • 1.58 Acre Lot
  • Lake Front
  • Level Lot
  • Cleared Lot

Property Views

  • Water Views

Schools

  • New Fairfield High School

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

Recreation

  • Tennis Courts

Additional Features

  • No Home Owners Association
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$32,093

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Lake
  • Association Amenities: Club House, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Rte 39 to Candlewood Isle Road. Straight at guard house to #76
  • Special Features: None

Interior Features

  • Street Number Modifier: 76

Exterior Features

  • Waterfront Description: Direct Waterfront, Lake, Dock or Mooring, View
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 431

Utilities

  • Water Source: Private Well
  • Sewer: Septic, Septic Required
  • Utilities Available: Electric, Telephone, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 1.5800
  • Lot Description: Dry, Cleared, Water View, Level Lot, Sloping Lot
  • Lot Improvements: Approved Building Lot, Curbs & Gutters
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: 1
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 32093
  • Total Assessed Value: 1038600
  • Mil Rate Base: 30.580
  • Mil Rate Total: 30.900
  • Tax District Amount: 3931
  • Assessor Parcel Number: 222975

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jan 24, 2020
Sold by
76 Lake Drive South Llc
Bought by
Jordan Kevin M and Jordan Kristin K
Seller's Agent
Karla Murtaugh
Compass Connecticut, LLC
Buyer's Agent
Karla Murtaugh
Compass Connecticut, LLC
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Current Estimated Value
$2,778,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,502
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
May 22, 2008
Sold by
Edelman Sam and Edelman Louise
Bought by
76 Lake Drive South Ll

Purchase Details

Closed on
Jul 1, 2005
Sold by
Weiser Hal
Bought by
Edelman Sam and Edelman Louise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jordan Kevin M $1,400,000 None Available
76 Lake Drive South Ll $3,000,000 --
Edelman Sam $2,360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edelman Sam $1,000,000
Previous Owner Edelman Sam $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $1,400,000 -6.7% --
10/22/2019 10/22/19 For Sale $1,500,000 -- --
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 $86,033 $3,267,500 $1,435,900 $1,831,600
2024 $74,066 $2,028,100 $980,000 $1,048,100
2023 $70,707 $2,026,000 $980,000 $1,046,000
2022 $36,165 $1,113,800 $980,000 $133,800
2021 $30,860 $980,000 $980,000 $0
2020 $29,968 $980,000 $980,000 $0
2019 $32,093 $1,038,600 $1,038,600 $0
2018 $43,552 $1,424,200 $1,038,600 $385,600
2017 $42,470 $1,424,200 $1,038,600 $385,600
2016 $40,632 $1,424,200 $1,038,600 $385,600
2015 $40,632 $1,424,200 $1,038,600 $385,600
2014 $39,269 $1,505,700 $1,105,200 $400,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170209894

SmartMLS

APN: NFAI-000020-000001-000018-000023