NOT LISTED FOR SALE

78 Olmstead Ln Ridgefield, CT 06877

Estimated Value: $2,886,000 - $4,995,000

5 Beds
8 Baths
9,317 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $3,995,000 $429 Per Sq Ft

Current estimated payment $26,995/month

39 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Sub-Zero Refrigerator
  • Branchville Elementary School Rated A
  • Heated In Ground Pool
  • 2.62 Acre Lot

About This Home

As of November 2021

The best of both worlds! New England history & charm combine w/modern amenities to create this beautiful country estate & historic home that has been host to many fundraisers & parties over the years. More than 2.6 acres of luxury outdoor living. Full-size tennis/sport court, 55-ft long Gunite pool w/center lap lane, formal gardens, fire pit, outdoor kitchen & multiple patios. There is a 2-car attached garage & add'l 4-car detached garage w/2-story barn "man cave". Originally built in 1909, the home's main floor incl original wood paneling, oak & maple flooring & hand-carved mantles on some of the 6-wood burning fireplaces. The 1st floor offers a Library, Living Rm, Dining Rm, gourmet Kitchen w/Breakfast Rm, Family room, Wine Cellar in the original "ice box", and Mudroom. The Pub Room features a built-in copper bar, fireplace, full bath for easy access from the pool and outdoor patios. The 2nd floor boasts a large Master Suite w/sitting area, 2 WIC, marble Bath w/soaking tub & steam shower + large Office with sitting area. There are
3 add'l en suite BRs w/walk in closets & a Playroom/Homework room. The 3rd floor offers a 5th BR, full Bath & Den- a perfect guest suite. The finished LL has a work out room, home media area and ample storage. A once in a lifetime opportunity to own an historic home that makes you feel like you are always on vacation! Close to Main Street and all of the amazing entertainment venues, blue ribbon schools, restaurants and great NY commute location!!

Last Agent to Sell the Property

Karla Murtaugh

Compass Connecticut, LLC License #RES.0766790 Listed on: 07/24/2021

Compass Connecticut, LLC

Last Buyer's Agent

Peggy Marconi

Compass Connecticut, LLC License #RES.0759816

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,445

Year Built

  • Built in 1909

Lot Details

  • 2.62 Acre Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • Central Vacuum
  • Sound System
  • 6 Fireplaces
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Wine Cellar
  • Sitting Room
  • Home Gym
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • 6 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Porch

Location

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

Schools

  • Branchville Elementary School
  • East Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Ask agent for full list of inclusions/exclusions or see supplements.

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,445

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Neighborhood: South Ridgefield
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 8201
  • Sq Ft Est Heated Below Grade: 1116
  • Total Sq Ft: 9317
  • Year Built: 1909
  • Nearby Amenities: Golf Course, Health Club, Library, Park, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Exclusions: Ask agent for full list of inclusions/exclusions or see supplements.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/20/2021
  • Directions: Main St. to Olmstead La. # 78. On the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 8.00
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Fireplaces: 6
  • Attic Description: Walk-up, Finished, Storage Space
  • Basement Description: Full, Partially Finished, Interior Access, Storage, Sump Pump
  • Interior Amenities: Audio System, Auto Garage Door Opener, Central Vacuum, Security System
  • Appliances: Gas Range, Wall Oven, Microwave, Range Hood, Subzero, Icemaker, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Foyer, Gym, Laundry Room, Mud Room, Sitting Room, Wine Cellar
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 78-80

Exterior Features

  • Exterior Features: Covered Deck, French Doors, Garden Area, Gazebo, Lighting, Patio, Porch, Tennis Court, Underground Sprinkler
  • Exterior Siding: Shake, Cedar
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Spa, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 6
  • Driveway Type: Private, Circular, Paved, Crushed Stone

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, 50 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Branchville
  • Middle School: East Ridge
  • High School: Ridgefield

Green Features

  • Energy Features: Generator, Programmable Thermostat, Ridge Vents

Lot Info

  • Acres: 2.6200
  • Lot Description: Dry, Cleared, Level Lot, Fence - Full, Fence - Stone, Professionally Landscaped
  • Zoning: RA

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 54445
  • Total Assessed Value: 1929990
  • Mil Rate Base: 28.210
  • Mil Rate Total: 28.210
  • Assessor Parcel Number: 278898

MLS Schools

  • Elementary School: Branchville
  • Middle Jr High School: East Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Nov 30, 2021
Sold by
Stockel Jon R and Stockel Allison R
Bought by
78 Olmstead Lane Llc
Seller's Agent
Karla Murtaugh
Compass Connecticut, LLC
Buyer's Agent
Peggy Marconi
Compass Connecticut, LLC
List Price
$3,995,000
Sold Price
$3,995,000
Current Estimated Value
$3,981,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,217
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Oct 25, 2002
Sold by
Kysor Frances Lodi
Bought by
Bassett Home Bldrs

Purchase Details

Closed on
Jul 24, 2002
Sold by
Est Kysor Harley D
Bought by
Kysor Frances Lodi and 1/2 Interest In Prop
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
78 Olmstead Lane Llc -- None Available
Bassett Home Bldrs $225,000 --
Bassett Home Bldrs Llc $225,000 --
Kysor Frances Lodi $1,014,000 --
Hms Pyramid Luxory $1,014,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hms Pyramid Luxory $1,720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $3,995,000 0.0% $429 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $3,995,000 -- $429 / 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 $70,608 $2,577,890 $345,660 $2,232,230
2024 $67,927 $2,577,890 $345,660 $2,232,230
2023 $66,535 $2,577,890 $345,660 $2,232,230
2022 $62,442 $2,196,330 $305,020 $1,891,310
2021 $54,445 $1,929,990 $305,030 $1,624,960
2020 $54,271 $1,929,990 $305,030 $1,624,960
2019 $54,271 $1,929,990 $305,030 $1,624,960
2018 $53,615 $1,929,990 $305,030 $1,624,960
2017 $51,374 $1,888,040 $326,240 $1,561,800
2016 $50,392 $1,888,040 $326,240 $1,561,800
2015 $49,108 $1,888,040 $326,240 $1,561,800
2014 $49,108 $1,888,040 $326,240 $1,561,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170421374

SmartMLS

APN: RIDG-000017-E000047