Off Market Jun 2020 for $505K

$1,055,025

Est. refi paymentEst. refi $3,252/mo

•

2,688

sq ft

583 Reef Rd, Fairfield, CT 06824

About this home

ALL HIGHEST AND BEST OFFERS MUST BE EMAILED TO tshrum@wpsir,com by NOON ON JUNE 5,2020 (see confidential agent remarks for additional information). 581-583 Reef Rd. in Fairfield "Beach" area. Great opportunity to rehab this two family on fabulous 2.73 acre level lot which is located in area designated as zoning district "B". This property is being sold "As IS". First floor unit (#581) is a one bedroom apartment with living room, dining room and kitchen. Second floor apartment (583) consists of 1 bedroom on main floor with living room, dining room, kitchen plus 2 additional bedrooms on attic level. 581-583 Reef Rd is located in the "AE" Flood Zone. This property is also listed as "Land for Sale" on the multiple listing system. Recently completed flood elevation certificate and survey completed. Buyer must perform their own "due diligence" pertaining to Buyer's intended improvements and use. Reference real estate taxes:Current owner has an $80,000 exemption on assessed value, a town benefit of $3,700, plus an elderly benefit of $500 (credit). Current total taxes paid by owner are $3,661.52 per year. Sewer fees are based on water consumption. This property is also listed on the MLS for sale as a lot, MLS# 170301840

Multi-familyProperty Type

1925Year Built

0.27 acresLot Size

$392Est. Price/Sq.Ft.

2 car garageParking

Listed by Thomas Shrum • William Pitt Sotheby's Int'l

Listed by Patsy Brescia • William Pitt Sotheby's Int'l

Bought with Rachel Fowler • William Raveis Real Estate

Source:Smart MLS #170301819

Redfin Estimate

$1,055,025

$550K since sold in June 2020$73K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30% lower than the average sale price ($1.51M) of 6 comparable homes.

SOLD FEB 26, 2026
$2,175,000
A
5 beds2.5 baths2,924 sq ft
115 Fern St, Fairfield, CT 06824
SOLD AUG 7, 2026
$1,650,000
B
5 beds3 baths3,032 sq ft
82 Lee Dr, Fairfield, CT 06824
SOLD NOV 12, 2025
$1,550,000
C
5 beds2.5 baths2,354 sq ft
357 Oldfield Rd, Fairfield, CT 06824
SOLD JUL 10, 2026
$1,850,000
D
5 beds3 baths3,019 sq ft
464 Ruane St, Fairfield, CT 06824
SOLD JUL 17, 2026
$720,000
E
4 beds2 baths1,798 sq ft
104 Henderson Rd, Fairfield, CT 06824
SOLD JUL 1, 2026
$1,100,000
F
4 beds2 baths1,919 sq ft
464 Round Hill Rd, Fairfield, CT 06824

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Earn from this home

Sell

$638,382

Est. take-home

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Refinance

Est. cash available

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Market trends in 06824, CT

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

105.4%

0.1% MoM

Median sale price

$1.3M

$13K MoM

Avg. days on market

30d

2 days MoM

Recently sold homes

16 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$359,000
2 beds1 bath900 sq ft
245 Sunnyridge Ave #50, Fairfield, CT 06824
COMING SOON
$1,799,000
5 beds3.5 baths2,732 sq ft
239 Beach Rd, Fairfield, CT 06824
VIDEO TOUR
$4,500,000
5 beds4 baths4,142 sq ft
1149 Fairfield Beach Rd, Fairfield, CT 06824
$2,299,000
4 beds3 baths3,669 sq ft
90 Fern St, Fairfield, CT 06824
$1,900,000
5 beds5.5 baths4,180 sq ft
1964 N Benson Rd, Fairfield, CT 06824
See all

Provided by Redfin

Sale history for 583 Reef Rd

Year

Property tax

Land + Additions

Assessment*

2023

$13,707 (+1.0%)

$336,840 + $161,420

$498,260

2022

$13,573 (+3.5%)

$336,840 + $161,420

$498,260

2021

$13,114 (+31.1%)

$336,840 + $149,240

$486,080

2020

$10,005

$268,940 + $104,510

$373,450

2019

$10,005 (+1.6%)

$268,940 + $104,510

$373,450

2018

$9,844 (+2.1%)

$268,940 + $104,510

$373,450

2017

$9,642 (+1.5%)

$268,940 + $104,510

$373,450

2016

$9,504

$268,940 + $104,510

$373,450

2014

$9,503

$298,830 + $90,650

$389,480

Tax history for 583 Reef Rd

Year

Property tax

Land + Additions

Assessment*

2023

$13,707 (+1.0%)

$336,840 + $161,420

$498,260

2022

$13,573 (+3.5%)

$336,840 + $161,420

$498,260

2021

$13,114 (+31.1%)

$336,840 + $149,240

$486,080

2020

$10,005

$268,940 + $104,510

$373,450

2019

$10,005 (+1.6%)

$268,940 + $104,510

$373,450

2018

$9,844 (+2.1%)

$268,940 + $104,510

$373,450

2017

$9,642 (+1.5%)

$268,940 + $104,510

$373,450

2016

$9,504

$268,940 + $104,510

$373,450

2014

$9,503

$298,830 + $90,650

$389,480

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Sq. Ft.

2,688

Year built

1925

Style

Multi-Family (2-4 Unit)

County

Fairfield County

APN

131703

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2023.

Property details

Parking

Garage Information
Garage & Parking: Detached Garage
Garages Number: 2

Interior

Virtual Tour Information
Has Virtual Tour

Bathroom Information
# of Baths (Full): 2

Bedroom Information
Beds Total: 4

Room Information
Basement Description: Full With Hatchway, Unfinished
Has Attic
Attic Description: Walk-up, Finished

Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 10
Total Number of Units: 2

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Aluminum
Exterior Features: Porch, Porch-Enclosed

Lot Information
Lot Description: Level Lot

Building Information
Foundation Type: Stone
Construction Description: Frame
Color: tan

Property Information
Waterfront Description: Beach Rights, Walk to Water
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 2688
Driveway Type: Paved

Financial

Assessments Information
Assessed Value: $373,450

Utilities

Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas
Heat Type: Hot Air
Heat Fuel Type: Natural Gas

Location

School Information
Middle Jr High School: Roger Ludlowe
High School: Fairfield Ludlowe
Elementary School: Roger Sherman

Location Information
State: Connecticut
Nearby Amenities: Library, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
Flood Zone
Directions: Post Rd to Reef Rd. Property address is 581-583 Reef Rd.
County: Fairfield

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,688
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1925
Year Renovated: —
County: Fairfield County
APN: 131703

Home facts updated by county records on Jul 13, 2023

Other

Documents & Disclosures
Supplement Count Public: 3

Around this home

Schools

Sherman School

Public K-5 • Assigned • 0.5mi

10/10

Roger Ludlowe Middle School

Public 6-8 • Assigned • 1.0mi

8/10

Fairfield Ludlowe High School

Public 9-12 • Assigned • 1.2mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 97° expected this year, 16 days in 30 years

6/10 Wind Factor

66% chance of strong winds in next 30 years

8/10 Air Factor

13 unhealthy days expected this year, 18 days in 30 years

Provided by First Street

Historical weather

Fairfield, CT • 06824

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.00M – $1.21M

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New listings for sale in 06824

OPEN SAT, 11AM TO 1PM

$359,000

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245 Sunnyridge Ave #50, Fairfield, CT 06824

COMING SOON

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VIDEO TOUR

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$2,299,000

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$1,900,000

5 beds5.5 baths4,180 sq ft

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Home values near 583 Reef Rd

Data from public records.

Address	Redfin Estimate
537 Reef Road, Fairfield, CT 3 Beds \| 1 Baths \| 1075 Sq. Ft.	$928,960
591 Reef Road, Fairfield, CT 5 Beds \| 3 Baths \| 2664 Sq. Ft.	—

Address	Redfin Estimate
623 Reef Road, Fairfield, CT 3 Beds \| 1 Baths \| 1395 Sq. Ft.	$2,281,176
599 Reef Road, Fairfield, CT 3 Beds \| 1.5 Baths \| 1300 Sq. Ft.	$1,164,788

Address	Redfin Estimate
535 Reef Road, Fairfield, CT 2 Beds \| 1 Baths \| 768 Sq. Ft.	$750,344
561 Reef Road, Fairfield, CT 3 Beds \| 1 Baths \| 1068 Sq. Ft.	$1,185,311

Property information provided by Smart MLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 06824, CT

Sale history for 583 Reef Rd

Tax history for 583 Reef Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 06824

Home values near 583 Reef Rd

More real estate resources