NOT LISTED FOR SALE

Estimated Value: $649,000 - $840,000

2 Beds
2 Baths
2,185 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $525,000 $240 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,796/month

234 Days on Market

Highlights

  • Beach Front
  • Clubhouse
  • Attic
  • New Fairfield Middle School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of May 2023

Welcome to Candlewood Isle in New Fairfield, a private community created in 1929 on Candlewood Lake. This home has been lovingly cared for by the same family for 57 years. This is a 1935 lodge-style home with nice interior woodwork, vaulted ceilings, exposed beams and refinished hardwood floors on the main level. A renovated kitchen with fine cabinetry, stainless appliances, and chef's lighting. Prepare meals looking north while the attached dining room has two walls of windows looking north and west over the lake. The living room is a charm with a stone fireplace, French doors overlooking the empty lot, and a bright office facing the water. An original lodge style main level bedroom is complimented by a full bathroom with stall shower on the main floor. The upper level can be two bedrooms but was redesigned as a huge primary bedroom suite with a full bath, windows galore, and a vaulted ceiling. A two-car under garage and basement workbench area with spare room for a people-mover golf cart (not included) to go to the beach, tennis courts, marina and clubhouse. This sale includes the vacant lot south of the house at 9-A Ridge Road.

Last Listed By

Mike McLachlan

eXp Realty License #REB.0790544 Listed on: 08/20/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,744

Year Built

  • Built in 1935

Lot Details

  • 0.63 Acre Lot
  • Beach Front
  • Lake Front
  • Stone Wall
  • Sloped Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,185 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Water Views

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic

Basement

  • Partial Basement
  • Garage Access
  • Crawl Space
  • Basement Storage

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Driveway
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Window Unit Cooling System
  • Floor Furnace
  • Air Source Heat Pump
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Additional Features

  • Accessible Ramps
  • Solar Heating System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include club house, tennis, lake/beach access, property management, road maintenance

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,744

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Neighborhood: Candlewood Isle
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 2185
  • Public Record Living Room Sq Ft: 2185
  • Total Sq Ft: 2185
  • Year Built: 1935
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Stables/Riding
  • Association Amenities: Club House, Guest Parking, Playground/Tot Lot, Tennis Courts
  • Remarks Public Addendum: Tax calculations include both parcels.
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3628
  • Tax Year Updated Dt: 08/20/2022
  • Directions: CT Route 39 North to right on Candlewood Isle Causeway. Stop at Guardhouse and state Realtor showing at 9 Ridge Road. Turn left on Lake Drive North. Turn right at tennis courts onto Sunset Trail. Ridge Road is second left. #9 is 5th house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Floored, Storage Space
  • Basement Description: Partial, Crawl Space, Concrete Floor, Garage Access, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 9

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Dock or Mooring, Beach, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Driveway
  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 3

Utilities

  • Cooling System: Central Air, Window Unit
  • Heat Type: Hot Air, Solar
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Property Management, Road Maintenance
  • HOA Fee Frequency: Quarterly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Email: office@candlewoodisle.com
  • Property Manager Name: Karen Hanley
  • Property Manager Phone: 203-746-0220

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.6300
  • Lot Description: Water View, Lightly Wooded, Sloping Lot
  • Flood Zone: No
  • Zoning: 1
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8744
  • Total Assessed Value: 269300
  • Mil Rate Base: 32.470
  • Mil Rate Total: 32.470
  • Tax District Amount: 1006
  • Assessor Parcel Number: 224330

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
Aug 20, 2022
Closed on
May 11, 2023
Sold by
Donnelly Edwin R
Bought by
Cavallo Carlo and Cavallo Shannon
Seller's Agent
Mike McLachlan
eXp Realty
Buyer's Agent
Beth Santos
Showcase Realty, Inc.
List Price
$725,000
Sold Price
$525,000
Premium/Discount to List
-$200,000
-27.59%
Total Days on Market
234
Views
190
Current Estimated Value
$713,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,751
Avg. Annual Appreciation
16.78%
Original Mortgage
$420,000
Outstanding Balance
$408,635
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,116

Purchase Details

Closed on
Apr 7, 1979
Bought by
Donnelly Edwin R

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
Cavallo Carlo $525,000 None Available
Donnelly Edwin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallo Carlo $420,000
Previous Owner Donnelly Edwin $35,600
Previous Owner Donnelly Edwin R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $525,000 -11.0% $240 / Sq Ft
01/28/2023 01/28/23 Price Changed $590,000 -18.6% $270 / Sq Ft
01/28/2023 01/28/23 For Sale $725,000 +38.1% $332 / Sq Ft
01/23/2023 01/23/23 Off Market $525,000 -- --
09/03/2022 09/03/22 For Sale $725,000 -- $332 / 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
2024 $9,835 $269,300 $143,100 $126,200
2023 $9,399 $269,300 $143,100 $126,200
2022 $8,744 $269,300 $143,100 $126,200
2021 $8,480 $269,300 $143,100 $126,200
2020 $8,235 $269,300 $143,100 $126,200
2019 $8,250 $267,000 $146,200 $120,800
2018 $8,165 $267,000 $146,200 $120,800
2017 $7,962 $267,000 $146,200 $120,800
2016 $7,618 $267,000 $146,200 $120,800
2015 $7,618 $267,000 $146,200 $120,800
2014 $6,825 $261,700 $146,200 $115,500
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170518017

SmartMLS

APN: NFAI-000015-000001-000192