NOT LISTED FOR SALE

25 Mead St Unit 3 New Canaan, CT 06840

Estimated Value: $1,459,000 - $1,838,000

3 Beds
4 Baths
2,289 Sq Ft
2001 Built

Last Sold July 28, 2016

Last sale price $1,273,000 $556 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,102/month

71 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • Terrace
  • South Elementary School Rated A+
  • Bonus Room
  • 2-minute walk to Mead Memorial Park

About This Home

As of July 2016

This bright and sunny 3 bedroom luxury condo is located in New Canaan near the town center, walking distance to trains, shops, and restaurants. Beautiful private patio area, attached 2 car garage, and an elevator completes this special offering. Enjoy expansive window views, rich moldings and cabinetry detail, and a welcoming curb appeal. Mead Common is a meticulously maintained association with 8 condo units. This unit has a particularly great location within the complex. A True Gem. Square footage does not include lower level.

Last Listed By

Janis Hennessy

William Raveis Real Estate License #RES.0788866 Listed on: 05/18/2016

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,222

Year Built

  • Built in 2001

Home Design

  • Frame Construction
  • Masonry Siding
  • Shingle Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Terrace

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • 8 Units
  • Mead Common Community

Listing and Financial Details

  • Exclusions: Microwave

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,222

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1974
  • Public Record Living Room Sq Ft: 1974
  • Sq Ft Est Heated Below Grade: 315
  • Total Sq Ft: 2289
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Exclusions: Microwave
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2961
  • Directions: North on Rt 106, left onto Mead Street.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Full
  • Interior Amenities: Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Bonus Room
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Features: Terrace
  • Exterior Siding: Brick, Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Mead Common
  • HOA Fees: 700
  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Zoning: 900

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 13222
  • Total Assessed Value: 782460
  • Mil Rate Base: 16.310
  • Mil Rate Tax District: 0.586
  • Mil Rate Total: 16.898
  • Assessor Parcel Number: 2120305

Multi Family

  • Total Num Of Units: 8

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
May 18, 2016
Closed on
Jul 29, 2016
Sold by
Chau Benson and Chau Elizabeth W
Bought by
Murphy Veronica
Seller's Agent
Janis Hennessy
William Raveis Real Estate
Buyer's Agent
Marlene Ettari
Brown Harris Stevens
List Price
$1,395,000
Sold Price
$1,273,000
Premium/Discount to List
-$122,000
-8.75%
Total Days on Market
71
Current Estimated Value
$1,613,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,795
Avg. Annual Appreciation
2.37%

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 28, 2013
Sold by
Deroma Nicholas J and Deroma Sandra M
Bought by
Chau Benson and Chau Elizabeth W
Seller's Agent
Kathryn Tanner
Houlihan Lawrence
Buyer's Agent
Kathryn Tanner
Houlihan Lawrence
List Price
$1,195,000
Sold Price
$1,190,000
Premium/Discount to List
-$5,000
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$948,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2003
Sold by
Anderson David J
Bought by
Deroma Nicholas J and Deroma Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
5%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Glazer Dev Llc
Bought by
Anderson David J

Purchase Details

Closed on
Jan 14, 1999
Sold by
Deblasi Anna R
Bought by
Glazer Dev Llc

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
Murphy Veronica $1,273,000 --
Chau Benson $1,185,000 --
Deroma Nicholas J $175,000 --
Anderson David J $875,000 --
Glazer Dev Llc $650,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glazer Dev Llc $948,000
Previous Owner Glazer Dev Llc $687,500
Previous Owner Glazer Dev Llc $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $1,273,000 -8.7% $556 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,395,000 +17.2% $609 / Sq Ft
03/28/2013 03/28/13 Sold $1,190,000 -0.4% $520 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $1,195,000 -- $522 / 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 $13,349 $827,050 $0 $827,050
2023 $14,830 $783,020 $0 $783,020
2022 $14,384 $783,020 $0 $783,020
2021 $14,220 $783,020 $0 $783,020
2020 $14,220 $783,020 $0 $783,020
2019 $14,282 $783,020 $0 $783,020
2018 $13,778 $782,460 $0 $782,460
2017 $13,528 $782,460 $0 $782,460
2016 $13,220 $782,460 $0 $782,460
2015 $13,409 $782,460 $0 $782,460
2014 $12,598 $782,460 $0 $782,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99146495

SmartMLS

APN: 0 46 924