NOT LISTED FOR SALE

118 Spring Water Ln New Canaan, CT 06840

Estimated Value: $1,833,000 - $2,513,137

1.72 Acres
$1,224,584 Price per Acre
74,923 Sq Ft Lot

Last Sold March 29, 2012

Last sale price $550,000 $462 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $12,996/month

141 Days on Market

Highlights

  • Wetlands on Lot
  • No HOA
  • Zero Lot Line
  • West Elementary School Rated A+
  • Home fronts a stream
  • Many Trees

About This Lot

As of March 2012

This home is located at 118 Spring Water Ln, New Canaan, CT 06840 since 08 November 2011 and is currently estimated at $2,106,284, approximately $1,769 per square foot. 118 Spring Water Ln is a home located in Fairfield County with nearby schools including West Elementary School, Saxe Middle School, and New Canaan High School.

Last Agent to Sell the Property

Jaime Sneddon

William Pitt Sotheby's Int'l License #REB.0758989 Listed on: 11/08/2011

William Pitt Sotheby's Int'l

Last Buyer's Agent

Christine Williams

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

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,087

Lot Details

  • 1.72 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Many Trees
  • Zero Lot Line
  • Property is zoned 1 ACRE

Schools

  • West Elementary School
  • Saxe Middle School
  • NCHS High School

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$9,087

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 1190
  • Property Sub Type: Residential Land
  • Easements Right Of Way: NORTHEATERN GAS
  • Present Use: HOME
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3576
  • Directions: Jelliff Mill To Spring Water
  • Special Features: None

Interior Features

  • Street Number Modifier: 118

Exterior Features

  • Waterfront Description: Brook
  • Swimming Pool: No
  • Road Frontage Approximate: 1

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: West
  • Middle School: Saxe
  • High School: Nchs

Lot Info

  • Acres: 1.7200
  • Lot Description: Level Lot, Some Wetlands, Zero Lot Line, Treed, Fence - Stone
  • Lots Number Of: 1
  • Zoning: 1 ACRE

Tax Info

  • Tax Year: July 2011-June 2012
  • Property Tax: 9087
  • Total Assessed Value: 656110
  • Mil Rate Total: 13.853
  • Assessor Parcel Number: 189701
  • Tax Year Pub Record: 2011

MLS Schools

  • Elementary School: West
  • Middle Jr High School: Saxe
  • High School: Nchs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Barnett Larry
Bought by
232 Park St Llc
Current Estimated Value
$2,106,284

Purchase Details

Listed on
Nov 8, 2011
Closed on
Mar 30, 2012
Sold by
Schreyer George V and Murphy Gloria S
Bought by
Barnett Larry W
Seller's Agent
Jaime Sneddon
William Pitt Sotheby's Int'l
Buyer's Agent
Christine Williams
William Pitt Sotheby's Int'l
List Price
$659,000
Sold Price
$550,000
Premium/Discount to List
-$109,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$800,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
232 Park St Llc -- --
Barnett Larry W $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Larry W $900,000
Previous Owner Barnett Larry W $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $550,000 -16.5% $462 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $659,000 -- $554 / 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 $22,480 $1,346,940 $693,770 $653,170
2024 $21,740 $1,346,940 $693,770 $653,170
2023 $20,949 $1,106,070 $633,990 $472,080
2022 $20,319 $1,106,070 $633,990 $472,080
2021 $20,086 $1,106,070 $633,990 $472,080
2020 $20,086 $1,106,070 $633,990 $472,080
2019 $20,175 $1,106,070 $633,990 $472,080
2018 $19,899 $1,173,270 $587,020 $586,250
2017 $19,558 $1,173,270 $587,020 $586,250
2016 $19,136 $1,173,270 $587,020 $586,250
2015 $18,761 $1,173,270 $587,020 $586,250
2014 $18,233 $1,173,270 $587,020 $586,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 98520042

SmartMLS

APN: NCAN-000030-000241-000066