NOT LISTED FOR SALE

1021 Ponus Ridge New Canaan, CT 06840

Estimated Value: $4,715,000 - $5,470,000

5 Beds
7 Baths
8,748 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $3,300,000 $377 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $30,429/month

61 Days on Market

Highlights

  • Health Club
  • 2.5 Acre Lot
  • Attic
  • West Elementary School Rated A+
  • Colonial Architecture
  • 4 Fireplaces

About This Home

As of August 2013

Rarely does a residence of this character, sophistication and craftsmanship come onto the market. Commissioned by the owners, the noted architectural firm Centerbrook created a home with perfect proportions, exquisite coffered ceilings and millwork, and rooms for all seasons and all lifestyles. The most desirable location and the most beautiful garden-filled two acres, combine with spectacular interior spaces: Butternut wood library paneling, gourmet kitchen by Kitchens by Deane, fabulous living room, stylish year-round solarium, family room of impressive dimensions and a royal master suite just begin to tell the story. Your search is over...your dream home is here!

Last Agent to Sell the Property

Rita Kirby

William Pitt Sotheby's Int'l License #RES.0766547 Listed on: 05/01/2013

William Pitt Sotheby's Int'l

Co-Listed By

Christine Williams

William Pitt Sotheby's Int'l License #RES.0789256

Last Buyer's Agent

Judith Gibbons

William Pitt Sotheby's Int'l License #RES.0750131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,991

Year Built

  • Built in 1990

Lot Details

  • 2.5 Acre Lot
  • Level Lot
  • Property is zoned 200

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 4 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • West Elementary School
  • Saxe Middle School
  • New Canaan High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Private Company Owned Well
  • Fuel Tank Located in Ground

Additional Features

  • Terrace
  • Property is near shops

Listing and Financial Details

  • Exclusions: Negotiable:Foyer chandelier & ceiling fixture,Powder rm ceiling fixture,DR chandelier, FR sconces, kit handing lamp

Community Details

Overview

  • No Home Owners Association

Recreation

  • Health Club
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,991

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 7048
  • Public Record Living Room Sq Ft: 7048
  • Sq Ft Est Heated Below Grade: 1700
  • Total Sq Ft: 8748
  • Year Built: 1990
  • Nearby Amenities: Health Club, Library, Park, Playground/Tot Lot, Shopping/Mall
  • Association Amenities: Health Club, Park, Playground/Tot Lot
  • Exclusions: Negotiable:Foyer chandelier & ceiling fixture,Powder rm ceiling fixture,DR chandelier, FR sconces, kit handing lamp
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 12701
  • Directions: Elm Street, right on Weed STreet, left on Wahackme Road, to end, right on Ponus Ridge. House on corner.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 5
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Walk-up
  • Basement Description: Fully Finished, Full
  • Interior Amenities: Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Second Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: French Doors, Terrace
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Brick
  • Roof Information: Wood Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Radiant, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.5000
  • Lot Description: Level Lot
  • Zoning: 200

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 34991
  • Assessor Parcel Number: 184317
  • Tax Year Pub Record: 2013

MLS Schools

  • Elementary School: West
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Aug 30, 2013
Sold by
Mcginniss Tr George H and Mcginniss Cristina
Bought by
Owen William P and Gibbons Suzanne K
Seller's Agent
Rita Kirby
William Pitt Sotheby's Int'l
Buyer's Agent
Judith Gibbons
William Pitt Sotheby's Int'l
List Price
$3,695,000
Sold Price
$3,300,000
Premium/Discount to List
-$395,000
-10.69%
Current Estimated Value
$5,022,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,722,181
Avg. Annual Appreciation
3.48%
Original Mortgage
$2,310,000
Outstanding Balance
$590,983
Interest Rate
4.4%
Estimated Equity
$4,431,198

Purchase Details

Closed on
Aug 1, 2012
Sold by
Mcginniss George H and Mcginniss Cristina G
Bought by
George H Mcginniss Ret and Mcginniss Cristina G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Owen William P $3,300,000 --
George H Mcginniss Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George H Mcginniss Ret $2,310,000
Previous Owner George H Mcginniss Ret $691,000
Previous Owner George H Mcginniss Ret $1,000,000
Previous Owner George H Mcginniss Ret $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $3,300,000 -10.7% $377 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $3,695,000 -- $422 / Sq Ft
Source: SmartMLS

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
2025 $47,815 $2,864,890 $877,800 $1,987,090
2024 $46,239 $2,864,890 $877,800 $1,987,090
2023 $37,712 $1,991,150 $757,820 $1,233,330
2022 $36,577 $1,991,150 $757,820 $1,233,330
2021 $36,159 $1,991,150 $757,820 $1,233,330
2020 $36,159 $1,991,150 $757,820 $1,233,330
2019 $36,319 $1,991,150 $757,820 $1,233,330
2018 $40,520 $2,389,170 $779,660 $1,609,510
2017 $39,827 $2,389,170 $779,660 $1,609,510
2016 $38,967 $2,389,170 $779,660 $1,609,510
2015 $39,038 $2,357,390 $779,660 $1,577,730
2014 $35,049 $2,255,400 $779,660 $1,475,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99025529

SmartMLS

APN: NCAN-000026-000023-000014