649 1-3 Redding Road, Redding (Gallows Hill), CT, 06896 | $1,165,000

The possibilities are endless with this rare opportunity to purchase this never-before-listed lovely Ranch style home along with two two acre building lots with septic approval and engineering well under way, in the lovely small town of Redding. Minutes from the NYC Train. Expand on the house with its newly installed 4 BR septic and build yourself your own mini estate or enjoy the home as is and sell off one or both building lots. The opportunity awaits if you would prefer to have your own household compound and enjoy all this beautiful land. Redding is CT's most sought after quintessential small town to live in and this home allows the opportunity to start making your memories here. The home is set on the Saugatuck Riverbanks and was once part of a thriving well-known tree farm. The beautiful level property that surrounds the house is exceptional embracing the house with mature trees. When entering the ranch style home, you immediately view the lovely private rear property. Living rm and Dining rm are both accented by a fireplace, and sliders to the deck. Fully equipped kitchen captures the morning sun and is the gathering spot to prepare meals. Family rm is off the kitchen boasting a beautiful stone fireplace. Full basement has possibilities to be finished off with all the windows allowing for sunshine all day. Another feature is the 3 car garage. Fishing on the river banks, walking the lovely grounds enjoying the privacy this property provides makes this a rare opportunity

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
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Full,Storage,Garage Access,Interior Access,Concrete Floor,Full With Walk-Out
  • Above Grade Approx. Sq. Feet: 1,808
  • Acreage: 6.56
  • Est. Taxes: $18,122
  • Lot Desc: Interior Lot,Additional Land Avail.,Treed,Level Lot,Cleared
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Joel Barlow
  • Appliances: Electric Range,Refrigerator,Dishwasher
  • MLS#: 24048036
  • Days on Market: 44 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /mls/24048036/64913reddingroad_redding_ct?source=qrflyer
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Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Full Bath,Laminate Floor12.2 x 11.8Main
Bedroom 2 Full Bath,Laminate Floor11.1 x 11.8Main
Dining Room Fireplace,Sliders,Laminate Floor14.0 x 11.1Main
Family Room Vaulted Ceiling,Fireplace,Laminate Floor16.6 x 13.7Main
Kitchen Eating Space,Laminate Floor15.0 x 13.7Main
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:

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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
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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
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    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
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649 1-3 Redding Road, Redding (Gallows Hill), CT, 06896

$1,165,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $932,000 $932,000 $932,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,510 $1,510 $1,510
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,292 $5,814 $7,802
Total Monthly Payment $6,927 $7,449 $9,437

* 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.