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7 Farrar Lane

7 Farrar Lane, Ridgefield, CT 06877
Property in Ridgefield
Sold Apr 30, 2018
$1,060,000
$750,000 by Bank Of America Na
Mortgage Due Apr 30, 2048
Sold Mar 12, 2014
$934,500
$700,800 by Hudson City Savings Bank
Mortgage Due Mar 12, 2044
7 Farrar Lane in Ridgefield, CT was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 7 Farrar Lane has 5,906 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 87,991 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 1, 1970 for $1,060,000. That's $179.48 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $934,500. 7 Farrar Lane was last assessed in 2023. The total value of the property was assessed at $884,940. Specifically, the land the property is located on was valued at $245,070. While improvements on the property were assessed at a total of $639,870. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,840. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,591
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 5,906
  • Building Area: 5,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,906
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.02
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BINFORD KARA
  • Current Owner 2: HARPER TODD
  • Previous Owner : BLAKE MADELINE
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245600

Zoning

  • Zoning: RAA

Geography

  • Account Number: D100085
  • Parcel: RIDG M:D10 B:0085
  • Block: 85
  • Municipality: RIDGEFIELD
  • Latitude: 41.3124
  • Longitude: -73.5131

    Address

  • Full Address: 7 Farrar Ln
  • Address - House Number: 7
  • Address - Street Name: Farrar
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R027
  • 4-Digit Zip Code: 2406
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,840

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 1,721,781
  • High Value: 2,076,450
  • Low Value: 1,367,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2018
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 30, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $884,940
  • Assessed Land Value: $245,070
  • Assessed Improvements Value: $639,870

    Sales

  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Transaction ID: 11462987426
  • Current Sale Price: $1,060,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 12, 2014
  • Previous Sale Amount: $934,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 30, 2018
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 30, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Mar 12, 2014
  • Previous Mortgage Loan Amount: $700,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 12, 2044

About Fairfield



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Frequently Asked Questions

What neighborhood is 7 Farrar Lane located in?
The 7 Farrar Lane is a located in the neighborhood of Ridgefield in Fairfield, Ridgefield.
What is the average sales price for listings in 7 Farrar Lane?
The average sales price for units in 7 Farrar Lane is $0 currently.

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