$986,000 - $1,530,000
RENTED APR 8, 2025

248 Park St New Canaan, CT 06840

2 Beds
2.5 Baths
1,539 Sq Ft
$779 Price per Sq Ft

Last Sold June 18, 2021

Last sale price $740,000 $481 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,195/month

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Terrace
  • South Elementary School Rated A+
  • End Unit
  • 1-minute walk to Mead Memorial Park

About This Home

As of April 2025

Discover the essence of sophisticated living at Cranberry Court, a 4-unit brick and clapboard complex opposite Mead Park. Inside, a charming living room with a fireplace and bay window seamlessly connects to the dining area, offering access to a terrace with Mead Park views. A renovated kitchen with quartz countertops complements the dining area and front entry hall, creating a perfect space for culinary artistry. The spacious primary bedroom includes a dressing room and updated bath. A second bedroom, study, and additional updated bath provide ample space for guests and work. Built by Hobbs, the property features 9-foot ceilings, basement storage, and a detached garage. A short distance from the village and train station, Cranberry Court offers tranquility and convenience.

Last Agent to Rent the Property

Melissa Engel

Douglas Elliman of Connecticut License #RES.0810623 Listed on: 01/28/2025

Douglas Elliman of Connecticut

Co-Listed By

Kate Tomasic

Douglas Elliman of Connecticut License #RES.0830971

Douglas Elliman of Connecticut

Last Renter's Agent

Kate Tomasic

Douglas Elliman of Connecticut License #RES.0830971

Douglas Elliman of Connecticut

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,046

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Sloped Lot
  • Garden

Home Design

  • Masonry Siding

Interior Spaces

  • 1,539 Sq Ft Home
  • 1 Fireplace
  • French Doors

Kitchen

  • Built-In Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 1 Car Garage
  • Shared Driveway

Outdoor Features

  • Walking Distance to Water
  • Terrace

Location

  • Property is near public transit

Schools

  • South Elementary School
  • New Canaan High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Association fees include grounds maintenance, trash pickup, property management
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 185567

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,046

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1539
  • Total Sq Ft: 1539
  • Year Built: 1972
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Paddle Tennis, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Tennis Courts
  • Property Sub Type: Condominium Rental
  • Direct Waterfront: No
  • End Unit: Yes
  • Directions: 106 to Park Street. Across the street from Mead Park. Cranberry Court has a sign.
  • Living Area Sq Ft Per Public Record: 1539
  • Street Type: Street
  • Tenant Responsibility: All Utilities Cable TV Credit Check Electricity Heat Hot Water Liability Insurance Water
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Storage
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 248

Exterior Features

  • Exterior Features: Terrace, Garden Area, French Doors
  • Exterior Siding: Brick
  • Waterfront Description: Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 2
  • Garage And Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Property Management

Schools

  • Elementary School: South
  • High School: New Canaan

Lot Info

  • Lot Description: Sloping Lot
  • Zoning: BRES
  • Parcel #: 185567

Multi Family

  • Total Number Of Units: 1

MLS Schools

  • Elementary School: South
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 14, 2021
Sold by
Manion Catherine
Bought by
Damascus Alexi and Nedeltchev Ivan
Seller's Agent
Lisa O'Rourke
William Pitt Sotheby's Int'l
Buyer's Agent
John Engel
Douglas Elliman of Connecticut
List Price
$740,000
Sold Price
$740,000
Current Estimated Value
$1,199,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,176
Avg. Annual Appreciation
10.78%
Original Mortgage
$592,000
Outstanding Balance
$538,311
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$608,754

Purchase Details

Closed on
May 14, 2001
Sold by
Enconn Rlty Llc
Bought by
Manion Catherine E

Purchase Details

Closed on
Dec 19, 2000
Sold by
Est Troy Lois R and Vanoot Susan
Bought by
Enconn Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.7%

Purchase Details

Closed on
Mar 15, 1988
Sold by
Robinson Hilda
Bought by
Troy James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
10.11%
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
Damascus Alexi $740,000 None Available
Manion Catherine E $645,000 --
Enconn Prop Llc $420,000 --
Troy James S $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damascus Alexi $592,000
Previous Owner Troy James S $420,000
Previous Owner Troy James S $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Rented $7,300 +7.4% --
03/10/2025 03/10/25 Under Contract -- -- --
01/28/2025 01/28/25 For Rent $6,800 0.0% --
12/01/2023 12/01/23 Rented $6,800 0.0% --
09/15/2023 09/15/23 For Rent $6,800 0.0% --
06/18/2021 06/18/21 Sold $740,000 0.0% $481 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $740,000 -- $481 / 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
2025 $10,046 $601,930 $0 $601,930
2024 $9,715 $601,930 $0 $601,930
2023 $9,233 $487,480 $0 $487,480
2022 $8,955 $487,480 $0 $487,480
2021 $8,853 $487,480 $0 $487,480
2020 $8,853 $487,480 $0 $487,480
2019 $8,892 $487,480 $0 $487,480
2018 $8,534 $484,680 $0 $484,680
2017 $8,380 $484,680 $0 $484,680
2016 $8,189 $484,680 $0 $484,680
2015 $8,306 $484,680 $0 $484,680
2014 $7,804 $484,680 $0 $484,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24050504

SmartMLS

APN: NCAN-000000-K000047-000924-B000001