583 Reef Rd

Fairfield, CT 06824

$505,000
Last Sold Price
4
Beds
2,688 Sq. Ft.
$188 / Sq. Ft.
2,688
Sq. Ft.
$188
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/23/20
Closed 6/23/20

Description

ALL HIGHEST AND BEST OFFERS MUST BE EMAILED TO tshrum@wpsir,com by NOON ON JUNE 5,2020 (see confidential agent remarks for additional information). 581-583 Reef Rd. in Fairfield "Beach" area. Great opportunity to rehab this two family on fabulous 2.73 acre level lot which is located in area designated as zoning district "B". This property is being sold "As IS". First floor unit (#581) is a one bedroom apartment with living room, dining room and kitchen. Second floor apartment (583) consists of 1...ALL HIGHEST AND BEST OFFERS MUST BE EMAILED TO tshrum@wpsir,com by NOON ON JUNE 5,2020 (see confidential agent remarks for additional information). 581-583 Reef Rd. in Fairfield "Beach" area. Great opportunity to rehab this two family on fabulous 2.73 acre level lot which is located in area designated as zoning district "B". This property is being sold "As IS". First floor unit (#581) is a one bedroom apartment with living room, dining room and kitchen. Second floor apartment (583) consists of 1 bedroom on main floor with living room, dining room, kitchen plus 2 additional bedrooms on attic level. 581-583 Reef Rd is located in the "AE" Flood Zone. This property is also listed as "Land for Sale" on the multiple listing system. Recently completed flood elevation certificate and survey completed. Buyer must perform their own "due diligence" pertaining to Buyer's intended improvements and use. Reference real estate taxes:Current owner has an $80,000 exemption on assessed value, a town benefit of $3,700, plus an elderly benefit of $500 (credit). Current total taxes paid by owner are $3,661.52 per year. Sewer fees are based on water consumption. This property is also listed on the MLS for sale as a lot, MLS# 170301840
  1. Listed by Thomas Shrum • William Pitt Sotheby's Int'l
    P: (203)-984-6088 C: (203)-984-6088 TomShrum.c21@gmail.com
  2. Listed by Patsy R Brescia • William Pitt Sotheby's Int'l
    P: (203)-984-6088 C: (203)-984-6088 pbrescia@williampitt.com

Property Details for 583 Reef Road

Basement Description
Full With Hatchway, Unfinished
Direct Waterfront
No
Garages Number
2
Neighborhood
Beach
Style
Units on different Floors
Garage Parking Info
Detached Garage
Swimming Pool
No
LISTING UPDATED: 11/17/2020 08:47 PM

Property Details for 583 Reef Road

StatusClosed
MLS #170301819
Days on Market13
Taxes$10,005 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1925
Lot Size0.27 AC / 11,891 SF
CountyFairfield County
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Location

Listing Courtesy of William Pitt Sotheby's Int'l, Thomas Shrum; William Pitt Sotheby's Int'l, Patsy R Brescia

Sold By William Raveis Real Estate, Rachel Fowler

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Building Information for 583 Reef Road

Stories-Residences2Year Built1925Building Size-Lot Size0.27 AC / 11,891 SF

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$3,295 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,461

Property Taxes

$834

HOA Dues

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Property Information for 583 Reef Road

Summary
Property and Location
  • Acres Source: Owner
  • Directions: Post Rd to Reef Rd. Property address is 581-583 Reef Rd.
  • Elementary School: Roger Sherman
  • Flood Zone: Yes
  • High School: Fairfield Ludlowe
  • Latitude: 41.13469
  • Longitude: -73.251323
  • Middle Jr High School: Roger Ludlowe
  • Neighborhood Amenities: Library, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2019-June 2020
  • Property Tax: $10,005
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Porch-Enclosed
  • Waterfront Description: Beach Rights, Walk to Water
Interior Features
  • Attic Description: Walk-up, Finished
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Rooms Total: 10
Property
Property and Assessments
  • Color: tan
  • Construction Description: Frame
  • Driveway Type: Paved
  • Elevation Certificate: Yes
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 4820
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1925
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2688
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 131703
  • Sq Ft Est Heated Above Grade: 2688.0
  • Sq Ft Total: 2688.0
  • Zoning: B
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 10
Building Details
  • Unit Count: 2
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 06-03-2020
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 2
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 06-03-2020
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6

Property History for 583 Reef Road

DateEvent & SourcePriceAppreciation
Jun 22, 2020

Closed (Public Record)

Public Record #671911845

$505,000—
DateEvent & SourcePrice
06/22/2020

Closed (Public Record)

Public Record #671911845

$505,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 583 Reef Road

Taxable ValueLand$336,840Additions$161,420Total$498,260
Tax Record2024$14,146 ($1,179 / month)
Home Facts
Baths2Total Finished SqFt2,688 SqFtAbove Grade Finished SqFt2,688 SqFtUnfinished Basement SqFt1,120 SqFtStories2Lot Size12,100 SqFtStyleDuplexYear Built1925ZoningBCountyFAIRFIELDAPNFFLD M:182 B:114

Schools near 583 Reef Road

This home is within Fairfield School District.
Rating
School
Type
Grades
Distance
Sherman School
Public - K to 5
Roger Ludlowe Middle School
Public - 6 to 8
Fairfield Ludlowe High School
Public - 9 to 12
Great Beginnings Montessori School
Private - PK to 3
Rating
School
Distance
Sherman School
PublicK to 5

Roger Ludlowe Middle School
Public6 to 8

Fairfield Ludlowe High School
Public9 to 12

Great Beginnings Montessori School
PrivatePK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Thomas Shrum; William Pitt Sotheby's Int'l, Patsy R Brescia

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.