NOT LISTED FOR SALE

228 Park St Unit 8 New Canaan, CT 06840

Estimated Value: $339,194 - $406,000

1 Bed
1 Bath
724 Sq Ft
$505/mo HOA Fee

Last Sold March 01, 2023

Last sale price $238,603 $330 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,797/month

212 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Baseboard Heating
  • South Elementary School Rated A+
  • Porch
  • 1-minute walk to Mead Memorial Park

About This Home

As of March 2023

Owner is also the listing Realtor.

This condo is conveniently located across from Mead Park, in the center of the Town of New Canaan. It has been a rental property, and the current tenant is about to relocate. Could close quickly. One bedroom and a spacious living room. Front and rear entrances, with an assigned parking space outside the rear door. Easy access to kitchen. Short walk to common laundry area.

Waiting now for a new owner.

Last Agent to Sell the Property

Thomas Nissley

BHHS Darien/New Canaan License #RES.0763363 Listed on: 06/20/2022

BHHS Darien/New Canaan

Last Buyer's Agent

Jill Taylor

RE/MAX Right Choice License #RES.0782266

RE/MAX Right Choice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1960

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 724 Sq Ft Home
  • Water Views
  • Laundry on lower level

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Additional Features

  • Porch
  • Home fronts a pond

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, water, sewer, property management, pest control
  • 18 Units
  • Park Mead Community
  • Property managed by Westford Real Estate

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,949

Year Built

Built in 1960

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 724
  • Public Record Living Room Sq Ft: 724
  • Total Sq Ft: 724
  • Year Built: 1960
  • Nearby Amenities: Lake, Park, Public Rec Facilities
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 724
  • Tax Year Updated Dt: 07/13/2022
  • Directions: From New Canaan Station at Elm and Park. follow Park Street South. Condo is in building on left side of street opposite entrance to Mead Park on right. Listing agent will meet you to show unit.
  • Special Features: None

Interior Features

  • Room Count: 2
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: short walk to lower level - common site
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area, Lower Level
  • Attic: No
  • Street Number Modifier: 228

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Brick
  • Waterfront Description: Pond, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Sewer, Property Management, Pest Control
  • Complex Name: Park Mead
  • Levels In Unit: 1
  • HOA Fees: 505
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Mary Jo Withee
  • Property Manager Phone: x 412
  • Property Mgt Company Name: Westford Real Estate
  • Property Mgt Phone: 860-528-2885

Schools

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

Lot Info

  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 900

Rental Info

  • Pets Allowed Info: one small pet allowed
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2949
  • Total Assessed Value: 160510
  • Mil Rate Base: 18.370
  • Mil Rate Total: 18.370
  • Assessor Parcel Number: 185467

Multi Family

  • Total Num Of Units: 18

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
Jun 20, 2022
Closed on
Mar 1, 2023
Sold by
Nissley Thomas and Nissley Emily
Bought by
Ashmore Mary C
Seller's Agent
Thomas Nissley
BHHS Darien/New Canaan
Buyer's Agent
Jill Taylor
RE/MAX Right Choice
List Price
$388,000
Sold Price
$238,603
Premium/Discount to List
-$149,397
-38.5%
Views
222
Current Estimated Value
$383,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,946
Avg. Annual Appreciation
18.79%
Original Mortgage
$188,603
Outstanding Balance
$183,105
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,979

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jan 7, 2021
Bought by
Nissley Thomas and Nissley Emily
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.15%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Maigret-Porsche Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.24%
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
Ashmore Mary C $238,603 None Available
Nissley Thomas $250,000 None Available
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashmore Mary C $188,603
Previous Owner Mcmenamey Shaun P $60,000
Previous Owner Mcmenamey Shaun P $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $238,603 -8.2% $330 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/11/2022 12/11/22 Price Changed $260,000 -13.0% $359 / Sq Ft
11/14/2022 11/14/22 Price Changed $299,000 -16.9% $413 / Sq Ft
08/09/2022 08/09/22 Price Changed $360,000 -7.2% $497 / Sq Ft
06/20/2022 06/20/22 For Sale $388,000 +55.2% $536 / Sq Ft
01/07/2021 01/07/21 Sold $250,000 -5.7% $345 / Sq Ft
07/18/2020 07/18/20 Price Changed $265,000 -8.3% $366 / Sq Ft
06/16/2020 06/16/20 For Sale $289,000 0.0% $399 / Sq Ft
11/01/2018 11/01/18 Rented $1,600 0.0% --
11/01/2018 11/01/18 Under Contract -- -- --
08/11/2018 08/11/18 For Rent $1,600 -- --
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 $3,105 $186,060 $0 $186,060
2024 $3,003 $186,060 $0 $186,060
2023 $3,040 $160,510 $0 $160,510
2022 $2,949 $160,510 $0 $160,510
2021 $2,915 $160,510 $0 $160,510
2020 $2,915 $160,510 $0 $160,510
2019 $2,928 $160,510 $0 $160,510
2018 $2,925 $166,110 $0 $166,110
2017 $2,872 $166,110 $0 $166,110
2016 $2,807 $166,110 $0 $166,110
2015 $2,751 $166,110 $0 $166,110
2014 $2,675 $166,110 $0 $166,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170501082

SmartMLS

APN: NCAN-000000-K000047-000915-000008