NOT LISTED FOR SALE

8 Summit Ln Ridgefield, CT 06877

Estimated Value: $734,000 - $874,000

3 Beds
1.5 Baths
1,948 Sq Ft
$406/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $420,000 $216 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,974/month

56 Days on Market

Highlights

  • Beach Access
  • Attic
  • No HOA
  • Ridgebury Elementary School Rated A
  • 1 Fireplace
  • Thermal Windows

About This Home

As of August 2017

Remarkably well kept 8 room split level on 1 acre. Septic is 8 yrs old, new kitchen, 1.5 new baths, new family room/studio conveniently located off living room. Currently used as a home office and studio House is wired for a generator. Summit Lane is a short safe street with approx 8 houses on it. Beautiful hardwood floors throughout. Plenty of level, usable land for the kids. New central air 2016, new windows and external doors, roof is 8 yrs old. Garage and family room/studio were added in 2012. There is nothing to do but move in and enjoy this wonderful home! Hurry....
As per the Tax Assessor, the taxes and assessment are too high. It will be corrected and adjusted to 1.75% of the sale price effective 7/18.

Last Agent to Sell the Property

Lonnie Shapiro

Coldwell Banker Realty License #REB.0621270 Listed on: 05/18/2017

Coldwell Banker Realty

Last Buyer's Agent

Noel Mathers

BHGRE Gaetano Marra Homes License #RES.0761786

BHGRE Gaetano Marra Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,157

Year Built

  • Built in 1963

Lot Details

  • 1.04 Acre Lot
  • Level Lot
  • Many Trees
  • Property is zoned RAA

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Beach Access
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Ridgebury Elementary School
  • Scotts Ridge Middle School
  • Ridgefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Water Source

Community Details

  • No Home Owners Association
  • The Ridgefld Knolls Subdivision

Listing and Financial Details

  • Exclusions: Generator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,157

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Neighborhood: North Ridgefield
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 1948
  • Public Record Living Room Sq Ft: 1528
  • Total Sq Ft: 1948
  • Year Built: 1963
  • Exclusions: Generator
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Knollwood to Rockcrest to Summit. Or Bob Hill to Summit.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space, Fully Finished, Heated, Interior Access, Liveable Space, Walk-out
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: lower level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio
  • Exterior Siding: Clapboard, Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved
  • Garages Number: 1

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Ridgebury
  • Middle School: Scotts Ridge
  • High School: Ridgefield

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.0400
  • Lot Description: Level Lot, Sloping Lot, Treed
  • Zoning: RAA

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 9157
  • Total Assessed Value: 343100
  • Mil Rate Base: 26.690
  • Mil Rate Total: 26.690
  • Assessor Parcel Number: 276952

MLS Schools

  • Elementary School: Ridgebury
  • Middle Jr High School: Scotts Ridge
  • High School: Ridgefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 21, 2017
Sold by
Boyer Ed T and Boyer Rachel N
Bought by
Lrizarry Jorge A
Seller's Agent
Lonnie Shapiro
Coldwell Banker Realty
Buyer's Agent
Noel Mathers
BHGRE Gaetano Marra Homes
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$790,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,591
Avg. Annual Appreciation
7.58%
Original Mortgage
$412,392
Outstanding Balance
$346,564
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$412,511

Purchase Details

Closed on
Jul 14, 2009
Sold by
Marshall Colleen M
Bought by
Boyer Edward T and Boyer Rachel N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.93%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Lalli Jean A
Bought by
Marshall John L and Marshall Colleen M
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
Lrizarry Jorge A $420,000 --
Boyer Edward T $375,000 --
Marshall John L $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall John L $412,392
Previous Owner Marshall John L $337,500
Previous Owner Marshall John L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $420,000 -4.5% $216 / Sq Ft
06/25/2017 06/25/17 Price Changed $439,900 -1.1% $226 / Sq Ft
06/07/2017 06/07/17 Price Changed $445,000 -1.1% $228 / Sq Ft
05/18/2017 05/18/17 For Sale $450,000 -- $231 / 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 $9,588 $350,070 $220,500 $129,570
2024 $9,224 $350,070 $220,500 $129,570
2023 $9,035 $350,070 $220,500 $129,570
2022 $8,365 $294,240 $157,500 $136,740
2021 $8,301 $294,240 $157,500 $136,740
2020 $8,274 $294,240 $157,500 $136,740
2019 $8,274 $294,240 $157,500 $136,740
2018 $8,174 $294,240 $157,500 $136,740
2017 $9,336 $343,100 $133,060 $210,040
2016 $9,157 $343,100 $133,060 $210,040
2015 $8,924 $343,100 $133,060 $210,040
2014 $8,924 $343,100 $133,060 $210,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99186625

SmartMLS

APN: RIDG-000007-E000034