See Home Value
Fairfield
561 Reef Road
$1,325,000
House - Off Market

561 Reef Road

Fairfield, Connecticut 06824
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1068 Sqft
$7,393
Estimated Monthly
2.28%
Cap Rate

About This Property

HIGHEST AND BEST OFFERS DUE TUESDAY APRIL 23RD AT 5PM. Attention Investors, this incredible Zone B .28-acre property (Per Public Record) located in the sought after Fairfield Beach Neighborhood is ready for development. Walk to town, train, shops as well as the beach. The property is being sold As-Is, Where Is and subject to probate court approval. The buyer is responsible for cleaning out the home and property at the buyer's expense. There was an above ground oil tank on the property which has been removed and on record at the Fire Marshalls office, documents at the end of the property disclosure. Cash offer is preferred and no contingencies.
Unit Size
1,068Ft²
Days on Market
41 days
Land Size
0.28 acres
Price per sqft
$1,241
Property Type
House
Property Taxes
$886
HOA Dues
-
Year Built
1883
Last updated: 9 days ago (Smart MLS #24009716)

Price History

Date / Event Date Event Price
May 23, 2024 Sold $1,325,000
Sold
Apr 26, 2024 In contract -
In contract
Apr 12, 2024 Listed by Regal Real Estate, LLC $850,000
Listed by Regal Real Estate, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,100
  • Total Building Area: 1,068
  • Gross Building Area: 2,042
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,068
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential

Ownership

  • Ownership Rights Codes: Estate
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairfield School District
  • School Tax School District: FAIRFIELD SD
  • Census Tract: 061500

Zoning

  • Zoning: B

Geography

  • Account Number: 1288
  • Parcel: FAIR M:182 B:116
  • Block: 116
  • Municipality: FAIRFIELD
  • Latitude: 41.1347
  • Longitude: -73.2518

    Address

  • Full Address: 561 Reef Rd
  • Address - House Number: 561
  • Address - Street Name: Reef
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Fairfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 6580
  • Zip Code: 06824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,636
  • Intital Tax Deliquent Year: 2007

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 731,203
  • High Value: 934,127
  • Low Value: 528,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,610
  • Assessed Land Value: $336,840
  • Assessed Improvements Value: $49,770



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
2,239 ft²
$489/ft²
$1,095,000 Jul 26, 2023
$1,095,000 Dec 4, 2023
$8,683/mo
Condo
3 Beds
3 Baths
2,284 ft²
$521/ft²
$1,190,000 Dec 6, 2023
$1,190,000 Feb 9, 2024
$1,617/mo
Condo
3 Beds
3 Baths
2,771 ft²
$431/ft²
$1,195,000 Jul 20, 2023
$1,195,000 Nov 3, 2023
$83,683/mo
House
4 Beds
4 Baths
2,811 ft²
$558/ft²
$1,569,000 Apr 23, 2024
-
$1,375/mo
In Contract
House
4 Beds
3 Baths
3,099 ft²
$508/ft²
$1,575,000 Apr 19, 2024
-
$1,879/mo
Condo
4 Beds
5 Baths
3,400 ft²
$440/ft²
$1,495,000 Nov 6, 2023
-
$600/mo
Condo
4 Beds
5 Baths
3,500 ft²
$443/ft²
$1,549,000 Mar 4, 2024
-
$600/mo

About Fairfield


Similar Homes for Sale

Unit for sale at 345 Reef Road, Fairfield, Connecticut 06824

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Nearby Rentals

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Unit for rent at 1025 Fairfield Beach Road, Fairfield, Connecticut, 06824

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Frequently Asked Questions

When was property at 561 Reef Road built and last sold?
The property at 561 Reef Road was built in 1883 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 561 Reef Road is $833,726.
What are some comparable homes to 561 Reef Road?
Homes that are comparable to 561 Reef Road include a house property at 93 Howard Street, a condo property at 345 Reef Road, 333 Reef Road.

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