NOT LISTED FOR SALE

50 Stone Ridge Way Unit 2C Fairfield, CT 06824

Grasmere Neighborhood

Estimated Value: $831,587 - $856,000

3 Beds
3 Baths
1,791 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $745,000 $416 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,638/month

About This Home

As of April 2022

Located across from the Fairfield Metro Train Station. This elegant Manhattan Style condo offers a carefree lifestyle unlike any other in the area. Large sophisticated 3 bedroom 3 bathroom unit includes a sought after GARAGE SPACE and STORAGE ROOM. The spacious deck receives the morning sun and is a nice addition to this home. Extraordinary appointments and impeccable design elements such as 10' ceilings, wood floors, and a gourmet kitchen w/stainless steel Viking refrigerator, microwave, and stove. The furnace, A/C condenser, and tank-less hot water heater have been recently replaced . The master bedroom suite includes marble bathroom with whirlpool tub and large marble shower stall all are hallmarks of a Stone Ridge home. The stunning Ridge Club has a Fitness Center, Concierge, and Handymen which elevates condo living to new heights. Close to Whole Foods Shopping center and train station. Included with home are Garage Space No. 12, Storage Unit No. 8, and outside Reserved Space No. 47.
PLEASE WEAR MASK AND GLOVES AND REMOVE SHOES BEFORE ENTERING HOME.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 26, 2022
Sold by
Rao Sanjeev and Rao Rowena P
Bought by
Norell Apartments Llc
Seller's Agent
Lisa Fratarcangeli
William Raveis Real Estate
Buyer's Agent
Evan Paushter
NuSite Realty Co.
List Price
$759,000
Sold Price
$745,000
Premium/Discount to List
-$14,000
-1.84%
Current Estimated Value
$843,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,147
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Dec 31, 2020
Sold by
50 Stone Ridge Way Llc
Bought by
Rao Sanjeev and Rao Rowena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 5, 2017
Sold by
Rao Sanjeev and Rao Rowena P
Bought by
50 Stone Ridge Way Llc

Purchase Details

Closed on
Oct 9, 2013
Sold by
Sunflower Holdings Llc
Bought by
Rao Sanjeev

Purchase Details

Closed on
Aug 23, 2013
Sold by
Afif Ammar and Aziz Farina
Bought by
Sunflower Holdings Llc

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norell Apartments Llc $745,000 None Available
Rao Sanjeev -- None Available
Rao Sanjeev -- None Available
50 Stone Ridge Way Llc -- --
50 Stone Ridge Way Llc -- --
Rao Sanjeev -- --
Rao Sanjeev -- --
Sunflower Holdings Llc $475,000 --
Sunflower Holdings Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Sanjeev $375,000
Previous Owner Sunflower Holdings Llc $417,000
Previous Owner Sunflower Holdings Llc $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Rented $4,600 -4.2% --
09/16/2022 09/16/22 Under Contract -- -- --
08/01/2022 08/01/22 For Rent $4,800 0.0% --
04/27/2022 04/27/22 Sold $745,000 -1.8% $416 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $759,000 0.0% $424 / Sq Ft
06/29/2020 06/29/20 Rented $4,500 0.0% --
05/23/2020 05/23/20 For Rent $4,500 +12.5% --
10/07/2014 10/07/14 Rented $4,000 -2.4% --
09/07/2014 09/07/14 Under Contract -- -- --
07/30/2014 07/30/14 For Rent $4,100 +2.5% --
12/05/2013 12/05/13 Rented $4,000 +2.6% --
12/05/2013 12/05/13 For Rent $3,900 +14.7% --
05/28/2013 05/28/13 Rented $3,400 0.0% --
05/28/2013 05/28/13 For Rent $3,400 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,183 $400,820 $0 $400,820
2023 $11,027 $400,820 $0 $400,820
2022 $10,918 $400,820 $0 $400,820
2021 $10,814 $400,820 $0 $400,820
2020 $10,569 $394,520 $0 $394,520
2019 $10,569 $394,520 $0 $394,520
2018 $10,400 $394,520 $0 $394,520
2017 $10,187 $394,520 $0 $394,520
2016 $10,041 $394,520 $0 $394,520
2015 $11,321 $456,680 $0 $456,680
2014 $11,143 $456,680 $0 $456,680
Source: Public Records

Agents Affiliated with this Home

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