Sold for $1,325,000

$1,325,000

561 Reef Road, Fairfield, CT 06824

3beds

1,068sqft

Single Family Residence

Built in 1883

0.28 Acres Lot

$1,213,800 Zestimate^®

$1,241/sqft

$4,580 Estimated rent

Home value

$1,213,800

$983,000 - $1.53M

$4,580/mo

Zestimate^® history

Owner options

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$4,580/mo

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$4,580/mo

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$7,468/mo

Est. payment

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$7,468/mo

Est. payment

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What's special

Walk to townOil tank

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Upper

Bedroom

Level: Upper

Bedroom

Level: Lower

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Gas Range, Refrigerator, Gas Water Heater, Water Heater

Features

Basement: Partial
Attic: None
Has fireplace: No

Interior area

Total structure area: 1,068
Total interior livable area: 1,068 sqft
Finished area above ground: 1,068

Property

Parking

Parking features: None

Lot

Size: 0.28 Acres
Features: Corner Lot, Level, In Flood Zone

Details

Parcel number: 131705
Zoning: B

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1883

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Beach

HOA

Has HOA: No

Location

Region: Fairfield

Financial & listing details

Price per square foot: $1,241/sqft
Tax assessed value: $386,610
Annual tax amount: $10,636
Date on market: 5/24/2024

Price history

Date	Event	Price
5/23/2024	Sold	$1,325,000+55.9%$1,241/sqft
Source: Smart MLS #24009716 Report a problem
5/8/2024	Pending sale	$850,000$796/sqft
Source: Smart MLS #24009716 Report a problem
4/12/2024	Listed for sale	$850,000$796/sqft
Source: Smart MLS #24009716 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,976 +1.8%	$386,610
2024	$10,786 +1.4%	$386,610
2023	$10,636 +1%	$386,610
2022	$10,531 +1%	$386,610
2021	$10,431 +19.3%	$386,610 +18.4%
2020	$8,745	$326,410
2019	$8,745 +1.6%	$326,410
2018	$8,604 +2.1%	$326,410
2017	$8,428 +1.9%	$326,410 -2.2%
2015	$8,274 +1.6%	$333,760
2014	$8,144 +2%	$333,760
2013	$7,987 +6.5%	$333,760
2011	$7,500 -2.4%	$333,760 -16.3%
2010	$7,682 +1.6%	$398,650 -0.3%
2009	$7,561 +1.7%	$400,050
2008	$7,433 +6.7%	$400,050
2007	$6,965 +4.4%	$400,050
2006	$6,669 +43.9%	$400,050 +114.1%
2005	$4,633 +6%	$186,830
2004	$4,372 +8.8%	$186,830
2003	$4,017 +30.8%	$186,830 +77.6%
2001	$3,072 +85.3%	$105,210
2000	$1,658 -41%	$105,210
1999	$2,809	$105,210