$700,000
SOLD MAY 24, 2018

122 Weed St New Canaan, CT 06840

1.97 Acres
$355,330 Price per Acre
85,813 Sq Ft Lot

Recently Sold

$498 Per Sq Ft

36% Below List Price

241 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Level Lot
  • South Elementary School Rated A+

About This Lot

As of October 2023

Build your dream home on this spectacular Park like setting! 1.9 acres level property. Offering lots of privacy, mature trees. Perc test for 5 bedroom septic system by Palladino Septic Co. Maps will be given out upon request. Please do not walk the property without a confirmed appointment, listing agent must accompany. Close to Talmadge Hill Station, Merritt Parkway, schools, YMCA, Waveny Park. Convenient to downtown shops, restaurants and movie theater.

Note: Existing residence will be removed by present owner.

Last Agent to Sell the Property

Maria Miller

William Raveis Real Estate License #RES.0757577 Listed on: 09/11/2017

William Raveis Real Estate

Last Buyer's Agent

Maria Miller

William Raveis Real Estate License #RES.0757577 Listed on: 09/11/2017

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,907

Lot Details

  • 1.97 Acre Lot
  • Level Lot
  • Property is zoned 300

Location

  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$12,907

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Private School(s), Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Directions: Route 136 to Weed St.
  • Special Features: None

Interior Features

  • Street Number Modifier: 122

Exterior Features

  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 150

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Electric, Telephone, Cable
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: South
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.9700
  • Lot Description: Level Lot, Professionally Landscaped
  • Flood Zone: No
  • Lots Number Of: 1
  • Subdividable Ynu: Unknown
  • Zoning: 300

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 12907
  • Total Assessed Value: 774270
  • Mil Rate Base: 16.670
  • Mil Rate Total: 16.670
  • Assessor Parcel Number: 183459

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Aug 31, 2023
Sold by
Vidaich Ana M
Bought by
Khattak Ahmed and Ashraf Maha
Seller's Agent
Edward Zislis
Higgins Group Greenwich
Buyer's Agent
OUT-OF-TOWN BROKER
FOREIGN LISTING
List Price
$4,750,000
Sold Price
$4,300,000
Premium/Discount to List
-$450,000
-9.47%
Views
572
Current Estimated Value
$5,118,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,274
Avg. Annual Appreciation
9.45%
Original Mortgage
$3,440,000
Outstanding Balance
$3,342,649
Interest Rate
5.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,775,625

Purchase Details

Listed on
Dec 15, 2021
Closed on
Dec 19, 2022
Sold by
Ct Real Estate Ventures L
Bought by
Vidaich Ana M
Seller's Agent
Edward Zislis
Higgins Group Real Estate
Buyer's Agent
Diana Gould
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,995,000
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$2,996,250
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 11, 2017
Closed on
May 24, 2018
Sold by
Janet Allgaier Ret and Allgaier
Bought by
Design Home Builders 2
Seller's Agent
Maria Miller
William Raveis Real Estate
Buyer's Agent
Maria Miller
William Raveis Real Estate
List Price
$1,095,000
Sold Price
$700,000
Premium/Discount to List
-$395,000
-36.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.27%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Allgaier Janet and Allgaier Larry
Bought by
Allgaier Janet

Purchase Details

Closed on
Oct 2, 2001
Sold by
French Mary and Psenicnik Jean
Bought by
French Connection Llc
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $3,995,000 None Available
Warranty Deed $3,995,000 None Available
Deed $700,000 --
Quit Claim Deed -- --
Deed $450,000 --
Deed $700,000 --
Quit Claim Deed -- --
Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,440,000 Adjustable Rate Mortgage/ARM
Closed $3,440,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,996,250 Purchase Money Mortgage
Previous Owner $417,000 Stand Alone Second
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $4,300,000 -4.4% $505 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $4,500,000 -5.3% $528 / Sq Ft
04/25/2023 04/25/23 For Sale $4,750,000 +18.9% $558 / Sq Ft
12/20/2022 12/20/22 Sold $3,995,000 0.0% $449 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $3,995,000 +470.7% $449 / Sq Ft
05/24/2018 05/24/18 Sold $700,000 -17.6% $498 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $850,000 -11.9% $604 / Sq Ft
10/26/2017 10/26/17 Price Changed $965,000 -11.9% $686 / Sq Ft
09/11/2017 09/11/17 For Sale $1,095,000 -- $778 / 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 $47,761 $2,861,670 $854,700 $2,006,970
2024 $46,187 $2,861,670 $854,700 $2,006,970
2023 $41,910 $2,212,770 $781,480 $1,431,290
2022 $14,356 $781,480 $781,480 $0
2021 $14,192 $781,480 $781,480 $0
2020 $14,192 $781,480 $781,480 $0
2019 $14,254 $781,480 $781,480 $0
2018 $13,132 $774,270 $723,590 $50,680
2017 $12,907 $774,270 $723,590 $50,680
2016 $12,628 $774,270 $723,590 $50,680
2015 $12,381 $774,270 $723,590 $50,680
2014 $12,032 $774,270 $723,590 $50,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170013941

SmartMLS

APN: NCAN-000030-000011-000071