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884 North Salem Road

884 North Salem Road, Ridgefield, CT 06877
Property in Ridgefield
Sold Jul 25, 2022
$1,215,000
$972,000 by William Raveis Mortgage Co
Mortgage
Sold May 22, 2017
$900,000
$540,000 by Watermark Cap Inc
Mortgage Due May 22, 2047
Local assessors in Ridgefield, CT have categorized 884 North Salem Road as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 108,029 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 884 North Salem Road has a total of 3,266 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of slate. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 884 North Salem Road sold most recently in Jul 22, 2022 for a total of $1,215,000. If you work out the math, that's approximately a cost of $372.01 per sqft. Before that, the property was also sold for $900,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,981 in taxes each year. 884 North Salem Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $812,910. If we break it down further, the land itself was valued at $247,380. Improvements to the property, however, were assessed at a total of $565,530. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: Slate
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,143
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 108,029
  • Total Building Area: 3,266
  • Building Area: 3,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,266
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.48
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAY SAYAN
  • Current Owner 2: LEIST ELIZABETH
  • Previous Owner : AVELLINI MARY B
  • Owner Before Previous Owner: WEINSTEIN MARK M
  • Owner Before Previous Owner 2: WEINSTEIN ADRIENNE P
  • 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: B080002
  • Parcel: RIDG M:B08 B:0002
  • Block: 2
  • Municipality: RIDGEFIELD
  • Latitude: 41.3277
  • Longitude: -73.5427

    Address

  • Full Address: 884 N Salem Rd
  • Address - House Number: 884
  • Street Direction: N
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R027
  • 4-Digit Zip Code: 1722
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,981

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 1,244,277
  • High Value: 1,503,937
  • Low Value: 984,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $972,000
  • First Open Lien Mortgage Lender: WILLIAM RAVEIS MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $972,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $812,910
  • Assessed Land Value: $247,380
  • Assessed Improvements Value: $565,530

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11893649852
  • Current Sale Price: $1,215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 22, 2017
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAM RAVEIS MORTGAGE CO
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $972,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WATERMARK CAP INC
  • Previous Mortgage Transaction Date: May 22, 2017
  • Previous Mortgage Loan Amount: $540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 22, 2047

About Fairfield



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34 Grandview Drive, Ridgefield, CT, 06877 Listing by Jennifer Dineen

Frequently Asked Questions

What neighborhood is 884 North Salem Road located in?
The 884 North Salem Road is a located in the neighborhood of Ridgefield in Fairfield, Ridgefield.
What is the average sales price for listings in 884 North Salem Road?
The average sales price for units in 884 North Salem Road is $0 currently.

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