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42 Waters Edge Way

Ridgefield, CT 06877

3 bd 3 ba 1,948 sqft Built 1974 Lot 20,038 sqft single_family
Most recent sale
$975,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $975,000 SMARTMLS
Mar 21, 2024 Relisted $975,000 SMARTMLS
Mar 5, 2024 Listing removed SMARTMLS
Feb 13, 2024 Listed $975,000 SMARTMLS
Aug 2, 2021 Listing removed SMARTMLS
Aug 2, 2021 Sold $550,000 Public Record
Apr 22, 2021 Listed $510,000 SMARTMLS
Apr 29, 2004 Sold $515,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $366,590 $235,200 $601,790 $16,483
2023 $196,140 $235,200 $431,340 $11,133
2022 $128,620 $129,360 $257,980 $7,334
2021 $111,120 $103,490 $214,610 $6,054
2020 $111,120 $103,490 $214,610 $6,035
2019 $111,120 $103,490 $214,610 $6,035
2018 $111,120 $103,490 $214,610 $5,962
2017 $131,480 $91,060 $222,540 $6,055
2016 $131,480 $91,060 $222,540 $5,940
2015 $131,480 $91,060 $222,540 $5,788
2013 $131,480 $91,060 $222,540 $5,648
2006 $130,980 $103,490 $234,470 $5,681
2005 $234,470 $5,487
2003 $130,980 $103,490 $234,470 $4,870

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,948 sqft
Lot size
20,038 sqft
ZIP code
06877
City
Ridgefield
Street
Waters Edge Way
Coordinates
41.33001, -73.49056

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,850
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 42 Waters Edge Way last sell?
42 Waters Edge Way most recently sold on Apr 22, 2024 for $975,000.
What is the current tax assessment for 42 Waters Edge Way?
The most recent total assessment for 42 Waters Edge Way (year 2025) is $601,790 with $16,483 in property tax.
How does 42 Waters Edge Way's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $975,000.
When was 42 Waters Edge Way built?
42 Waters Edge Way was built in 1974.
How does 42 Waters Edge Way compare to others on Waters Edge Way?
We track 3 other properties on Waters Edge Way. Browse the list under "Other properties on Waters Edge Way" to compare beds, baths, and sale history.
What are the property facts for 42 Waters Edge Way?
42 Waters Edge Way is a 3 bed, 3 bath, 1,948 sqft, 20,038 sqft lot single_family.
Is 42 Waters Edge Way a flip candidate?
No — 42 Waters Edge Way does not appear in our flips dataset.
Is 42 Waters Edge Way a tax-appeal candidate?
No — 42 Waters Edge Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.7%
Implied 1-yr
-14.8%
2026 Q1
$910.6K
2026 Q2
$866.2K
ZIP 06877 — Median Price History + Forecast

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