NOT LISTED FOR SALE

161 Spring Water Ln New Canaan, CT 06840

Estimated Value: $1,000,000 - $1,304,285

1.32 Acres
$892,857 Price per Acre
57,499 Sq Ft Lot

Last Sold May 14, 2020

Last sale price $575,000

Est. 105% increase in value since last sale

Current estimated payment $7,305/month

91 Days on Market

Highlights

  • Partially Wooded Lot
  • West Elementary School Rated A+
  • No HOA

About This Lot

As of May 2020

Build your dream home in prime west side neighborhood location.

Last Agent to Sell the Property

Hannelore Kaplan

William Raveis Real Estate License #RES.0771569 Listed on: 02/11/2020

William Raveis Real Estate

Last Buyer's Agent

Chingyu Chao

Mapdio Real Estate License #REB.0795120

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,302

Lot Details

  • 1.32 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned 300

Schools

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

Utilities

  • Private Company Owned Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$11,302

Lot Details

0

Listing Details

  • Neighborhood: Talmadge Hill
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Merritt Pkwy to exit 36 to Jelliff Mill to Spring Water Lane
  • Special Features: None

Interior Features

  • Street Number Modifier: 161L

Exterior Features

  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 65

Utilities

  • Water Source: Private Well
  • Sewer: Septic, Septic Required
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.3200
  • Lot Description: Dry, Cleared, Lightly Wooded
  • Lot Improvements: Approved Building Lot, Lot Staked, House(S)
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: 300

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 11302
  • Total Assessed Value: 619640
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 183425

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
Feb 11, 2020
Closed on
Apr 15, 2020
Sold by
Sirva Relocation Llc
Bought by
Lee Yenming and Chao Chingyu
Seller's Agent
Hannelore Kaplan
William Raveis Real Estate
Buyer's Agent
Chingyu Chao
Mapdio Real Estate
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$1,178,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,571
Avg. Annual Appreciation
14.40%
Original Mortgage
$546,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2020
Sold by
Wheeler Seth and Wheeler Kalli
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2019
Sold by
Anderson Margit Est
Bought by
Wheeler Seth and Wheeler Kalli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
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
Lee Yenming $575,000 None Available
Sirva Relocation Llc $5,757,000 None Available
Wheeler Seth $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Yeming $539,900
Closed Lee Yenming $546,250
Previous Owner Wheeler Seth $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $575,000 -4.0% --
05/12/2020 05/12/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $599,000 -- --
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 $12,979 $777,630 $661,080 $116,550
2024 $12,551 $777,630 $661,080 $116,550
2023 $11,736 $619,640 $604,800 $14,840
2022 $11,383 $619,640 $604,800 $14,840
2021 $11,253 $619,640 $604,800 $14,840
2020 $11,253 $619,640 $604,800 $14,840
2019 $11,302 $619,640 $604,800 $14,840
2018 $10,211 $602,070 $560,000 $42,070
2017 $10,037 $602,070 $560,000 $42,070
2016 $9,820 $602,070 $560,000 $42,070
2015 $9,970 $602,070 $560,000 $42,070
2014 $9,356 $602,070 $560,000 $42,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170270223

SmartMLS

APN: NCAN-000024-000011-000036