NOT LISTED FOR SALE

172 Summer St Unit C New Canaan, CT 06840

Estimated Value: $913,000 - $991,000

3 Beds
3.5 Baths
2,268 Sq Ft
$425/mo HOA Fee

Last Sold October 02, 2023

Last sale price $810,000 $357 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,441/month

24 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Laundry Room
  • South Elementary School Rated A+
  • Community Garden
  • Entrance Foyer

About This Home

As of October 2023

Welcome to Essex Ridge, where easy, townhouse living meets the charm of New Canaan. This stunning condo offers a perfect blend of comfort, convenience, and natural beauty! The foyer leads to the dining room, a perfect setting for memorable dinners or gatherings with friends. The kitchen features a cozy breakfast nook and ample counter space to prepare delicious meals. In the spacious living room, French doors lead to the private deck which has captivating view of beautiful gardens, allowing you to unwind and enjoy indoor/outdoor entertaining surrounded by the serenity of nature. Upstairs you'll find 3 bedrooms and 2 bathrooms, the primary bedroom with an en-suite bathroom. The partially finished basement is ideal for a home office, media room, play area, or a home gym with plenty of storage space! Beyond the comforts of your home, the location is unbeatable. Essex Ridge is ideally situated within walking distance to downtown New Canaan, with an array of boutique shops, gourmet restaurants, and cultural attractions to explore. The train station is also within walking distance, making commuting or day trips to the city a breeze. Whether you're seeking a vibrant community and friendly environment, or longing for tranquility and convenience, this condo in Essex Ridge is the ideal place to call home. Don't miss this opportunity to live in a desirable location that offers the best of both worlds – the energy and amenities of downtown living and a peaceful and natural setting.

Last Listed By

Katie Cochran

William Raveis Real Estate License #RES.0812824 Listed on: 07/27/2023

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,427

Year Built

  • Built in 1970

Lot Details

  • Garden

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shake Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Garage
  • Handicap Parking
  • Parking Deck
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 186682

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, road maintenance
  • 14 Units
  • Property managed by Essex Board of Directors

Amenities

  • Community Garden
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,427

Year Built

Built in 1970

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1512
  • Sq Ft Est Heated Below Grade: 756
  • Total Sq Ft: 2268
  • Year Built: 1970
  • New Construction: No/Resale
  • Nearby Amenities: Library, Paddle Tennis, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Tennis Courts
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Handicap Features: Handicap Parking
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2268
  • Directions: New Norwalk Road to East Ave to Summer Street
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1512
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full, Partially Finished, Heated, Cooled, Interior Access, Storage
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Lower level
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 172

Exterior Features

  • Exterior Features: Deck, Garden Area, Lighting
  • Exterior Siding: Shake
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Paved, Off Street Parking, Assigned Parking

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Road Maintenance
  • Levels In Unit: 3
  • HOA Fees: 425
  • HOA Fee Frequency: Monthly
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Essex Board of Directors
  • Total Number of Units In Complex: Essex Ridge

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Zoning: 600
  • Parcel #: 186682

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 14

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6427
  • Total Assessed Value: 339360
  • Mil Rate Total: 18.94

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
Jul 27, 2023
Closed on
Oct 2, 2023
Sold by
Jones Robert W and Jones Floriana W
Bought by
Heafy Scott and Heafy Kristina
Seller's Agent
Katie Cochran
William Raveis Real Estate
Buyer's Agent
Ingrid Hess
Compass Connecticut, LLC
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Total Days on Market
24
Views
28
Current Estimated Value
$953,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,758
Avg. Annual Appreciation
10.41%
Original Mortgage
$648,000
Outstanding Balance
$638,121
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,637

Range of Values:

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Average Value
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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
Heafy Scott $810,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heafy Scott $648,000
Previous Owner Jones Florianna $185,000
Previous Owner Jones Robert W $200,000
Previous Owner Jones Robert W $250,000
Previous Owner Jones Robert W $200,000
Previous Owner Jones Robert W $143,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $810,000 +1.4% $357 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $799,000 -- $352 / 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
2024 $8,121 $503,160 $0 $503,160
2023 $6,427 $339,360 $0 $339,360
2022 $6,234 $339,360 $0 $339,360
2021 $6,163 $339,360 $0 $339,360
2020 $6,163 $339,360 $0 $339,360
2019 $6,190 $339,360 $0 $339,360
2018 $6,865 $389,900 $0 $389,900
2017 $6,741 $389,900 $0 $389,900
2016 $6,588 $389,900 $0 $389,900
2015 $6,458 $389,900 $0 $389,900
2014 $6,278 $389,900 $0 $389,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170587622

SmartMLS

APN: NCAN-000000-N000080-000642-000172C