649 Redding Road, Redding (Gallows Hill), CT, 06896 | $640,000

The possibilities are endless! A great investment opportunity awaits you in Redding. CT's most sought after quintessential small town to live in, and this home has all the makings of a wonderful way to start making your memories here. Located just minutes from the train station to NYC and set on the Saugatuck River banks this was once part of a thriving well-known tree farm. Beautiful level property that surrounds the house is exceptional and embracing the house is mature trees and landscaping. Ranch style home with a newly installed Four-bedroom septic allows for additional bedroom expansion with an easy start to remodeling. When entering the foyer, you immediately view the lovely private rear property. Living room and dining room are both accented by a fireplace, and sliders to the deck. Fully equipped kitchen captures the morning sun and makes for a great gathering spot to prepare meals. Family room is off the kitchen, boasting a beautiful stone fireplace where you will be sure to sit around during the soon to be cool evenings. The full basement has possibilities with all the windows allowing for sunshine all day. Three car garage is another feature. Fishing on the riverbanks, enjoying privacy and living in the town of Redding make this a wonderful opportunity! Builders take note for this rare chance to remodel a home in this lovely setting!

Features

  • Town: Redding
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Lower Level
  • Style: Ranch
  • Year Built: 1974
  • Garage: 3-car Under House Garage,Off Street Parking,Driveway,Unpaved
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 1,808
  • Acreage: 2.1
  • Est. Taxes: $9,923
  • Lot Desc: Level Lot,Open Lot
  • Water Front: Yes
  • Elem. School: Redding
  • Middle School: Per Board of Ed
  • High School: Joel Barlow
  • Appliances: Electric Range,Refrigerator,Dishwasher
  • MLS#: 24038898
  • Days on Market: 51 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/24038898/649reddingroad_redding_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Laminate Floor11.8 x 12.2Main
Bedroom 2 Laminate Floor11.1 x 11.8Main
Dining Room Fireplace,Sliders,Laminate Floor14.0 x 11.1Main
Family Room Vaulted Ceiling,Fireplace,Laminate Floor13.7 x 16.6Main
Kitchen Built-Ins,Eating Space,Laminate Floor13.7 x 15.0Main
Living Room Fireplace,Sliders,Laminate Floor16.2 x 20.3Main
Primary Bedroom Full Bath,Laminate Floor10.0 x 14.9Main

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Connie StraitSales Associate

203.948.4906

Connie.Strait@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Gene RahillyInsurance Sales Director, William Raveis Insurance

917.494.9386

Gene.Rahilly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

649 Redding Road, Redding (Gallows Hill), CT, 06896

$640,000

Connie Strait

Sales Associate

William Raveis Real Estate

Phone: 203.948.4906

Connie.Strait@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $512,000 $512,000 $512,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $827 $827 $827
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,406 $3,403 $4,390
Total Monthly Payment $4,325 $4,322 $5,309

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.