NOT LISTED FOR SALE

2 Orchard Ln New Canaan, CT 06840

Estimated Value: $3,530,535 - $4,636,000

5 Beds
4.5 Baths
5,000 Sq Ft
$765/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $2,995,000 $599 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $23,960/month

230 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • South Elementary School Rated A+
  • 2 Fireplaces
  • Cul-De-Sac

About This Home

As of October 2022

New Construction to be built on this coveted location in the heart of town by luxury home builder, Altamura Homes and architect Louis Campana. This 5000 square foot five bedroom home will be the epitome of superb new construction with the latest design trends and well thought out floor plan for todays current lifestyle. (Photos from previous homes built by Altamura - Proposed construction to be similar)

Last Agent to Sell the Property

Kelly Defrancesco

William Raveis Real Estate License #RES.0771153 Listed on: 09/02/2020

William Raveis Real Estate

Co-Listed By

April Kaynor

William Raveis Real Estate License #RES.0792374

Last Buyer's Agent

Laura Danforth

William Raveis Real Estate License #RES.0770530

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,905

Year Built

  • Built in 2021

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Open Lot
  • Property is zoned .33

Home Design

  • Home to be built
  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • HardiePlank Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • South Elementary School
  • New Canaan High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,905

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5000
  • Total Sq Ft: 5000
  • Year Built: 2021
  • New Construction: To Be Built
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Directions: South Ave to Woodland to Orchard Lane
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Appliances: Cook Top, Wall Oven, Refrigerator, Freezer, Dishwasher
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: 2nd Floor
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 2

Exterior Features

  • Exterior Siding: Hardie Board
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: South
  • High School: New Canaan

Lot Info

  • Acres: 0.3400
  • Lot Description: On Cul-De-Sac, Open Lot, Dry
  • Zoning: .33

Tax Info

  • Tax Year: July 2020-June 2021
  • Mil Rate Total: 18.164
  • Assessor Parcel Number: 186043

MLS Schools

  • Elementary School: South
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Youngs Gerald and Youngs Deena
Bought by
Shears Steven and Shears Lana
Total Days on Market
230
Current Estimated Value
$3,824,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Outstanding Balance
$2,143,020
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,565,002

Purchase Details

Closed on
Jul 21, 2017
Sold by
Panella Mary Est and Panella
Bought by
Youngs Gerald and Youngs Deena
Source: Public Records

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Range of Values:

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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
Shears Steven $925,000 None Available
Youngs Gerald $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shears Steven G $190,000
Open Shears Steven $2,340,000
Previous Owner Panella Mary G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $2,995,000 0.0% $599 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $2,995,000 0.0% $599 / Sq Ft
10/22/2020 10/22/20 Off Market $2,995,000 -- --
09/02/2020 09/02/20 For Sale $2,995,000 -- $599 / 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 $29,905 $1,852,830 $644,000 $1,208,830
2023 $30,546 $1,612,800 $598,360 $1,014,440
2022 $10,992 $598,360 $598,360 $0
2021 $10,866 $598,360 $598,360 $0
2020 $10,866 $598,360 $598,360 $0
2019 $10,914 $598,360 $598,360 $0
2018 $10,849 $616,140 $554,050 $62,090
2017 $10,652 $616,140 $554,050 $62,090
2016 $10,410 $616,140 $554,050 $62,090
2015 $10,205 $616,140 $554,050 $62,090
2014 $9,920 $616,140 $554,050 $62,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170333153

SmartMLS

APN: NCAN-000000-N000060-M000018