NOT LISTED FOR SALE

198 Park St Unit 11 New Canaan, CT 06840

Estimated Value: $471,000 - $549,000

2 Beds
1 Bath
957 Sq Ft
$641/mo HOA Fee

Last Sold June 02, 2022

Last sale price $380,000 $397 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,658/month

296 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Baseboard Heating
  • South Elementary School Rated A+
  • Hot Water Circulator
  • 2-minute walk to Mead Memorial Park

About This Home

As of June 2022

Perfectly located two-bedroom townhouse style condo in the heart of New Canaan can be yours! You’re within minutes to the train, shops, restaurants, library, tennis courts, baseball fields, playground, and more. This bright and move-in ready condo has hardwood flooring throughout. The kitchen has granite counters, attractive glass back splash and new stainless-steel appliances. The inviting combined living room/ dining area is perfect for relaxing or entertaining. The second level has two generous size bedrooms, plenty of closet space and full bath. Assigned parking just steps away from your back entrance for easy access and convenience. The reasonable taxes and common charges which include heat and hot water make it very affordable. If you’re looking for in-town living, and a superior alternative to renting, this is a dream come true!

Last Agent to Sell the Property

Cynthia Dul

Berkshire Hathaway NE Prop. License #RES.0795968 Listed on: 06/23/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Roslyn Reed

Houlihan Lawrence License #RES.0810886

Houlihan Lawrence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1956

HOA Fees

  • $641 Monthly HOA Fees

Home Design

  • 957 Sq Ft Home
  • Brick Exterior Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Shared Basement
  • Basement Storage

Parking

  • 1 Car Garage
  • Parking Lot

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, property management
  • 46 Units
  • Park Mead North Community

Amenities

  • Public Transportation
  • Coin Laundry

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,092

Year Built

Built in 1956

Lot Details

0

HOA Fees

$641 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 957
  • Public Record Living Room Sq Ft: 957
  • Total Sq Ft: 957
  • Year Built: 1956
  • Nearby Amenities: Health Club, Library, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Alterations
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: Natural gas conversion included in fee
  • Public Record Gross Sq Ft: 957
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Merritt to exit 37, South Ave to Mead Street, parking lot entrance off Mead Street
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement, Unfinished, Storage
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Location: located in common basement area
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 198

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Parking Lot
  • Garages Number: 1

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Property Management
  • Complex Name: Park Mead North
  • Levels In Unit: 2
  • HOA Fees: 641
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

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

Lot Info

  • Lot Description: N/A
  • Zoning: 900

Rental Info

  • Pets Allowed Info: 1 dog or cat per unit
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4092
  • Total Assessed Value: 225330
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 185421

Multi Family

  • Total Num Of Units: 46

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

Closed on
Jul 31, 2018
Sold by
Shea Kevin
Bought by
Kim Julie
Current Estimated Value
$501,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Kim Julie $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Julie $284,750
Previous Owner Kim Julie $119,000
Previous Owner Kim Julie $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $380,000 -2.6% $397 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
09/24/2021 09/24/21 Price Changed $390,000 -1.3% $408 / Sq Ft
06/23/2021 06/23/21 For Sale $395,000 0.0% $413 / Sq Ft
07/20/2016 07/20/16 Rented $2,100 -4.5% --
06/20/2016 06/20/16 Under Contract -- -- --
05/11/2016 05/11/16 For Rent $2,200 -- --
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 $4,286 $256,830 $0 $256,830
2024 $4,145 $256,830 $0 $256,830
2023 $4,268 $225,330 $0 $225,330
2022 $4,139 $225,330 $0 $225,330
2021 $4,092 $225,330 $0 $225,330
2020 $4,092 $225,330 $0 $225,330
2019 $4,110 $225,330 $0 $225,330
2018 $3,968 $225,330 $0 $225,330
2017 $3,896 $225,330 $0 $225,330
2016 $3,807 $225,330 $0 $225,330
2015 $3,732 $225,330 $0 $225,330
2014 $3,628 $225,330 $0 $225,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170412853

SmartMLS

APN: NCAN-000000-K000046-000097-000011