NOT LISTED FOR SALE

262 E Canaan Rd East Canaan, CT 06024

Estimated Value: $343,000 - $420,000

3 Beds
2 Baths
2,028 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $359,000 $177 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,145/month

17 Days on Market

Highlights

  • Attic
  • Enclosed Patio or Porch
  • Hot Water Heating System
  • Thermal Windows
  • Hot Water Circulator
  • Private Driveway

About This Home

As of November 2023

Currently used as a two family home, this 1860 Colonial could easily be converted back to a single family residence. This extremely well maintained home features many updates and includes a 25x53 Barn with an insulated, heated workshop, 200 AMP service and lots of storage both upstairs and on the first floor. The first floor apartment has a newly updated kitchen, full bath, Living and Dining Rooms, one bedroom on the first floor, one bedroom on the 2nd floor and an enclosed front porch. The 2nd floor apartment includes updated kitchen, living room, bedroom, large bathroom and a walk up attic. Separate electric meters for both apartments and the barn/workshop. This home is generator ready and features all newer replacement windows, Buderus heating system, blown-in insulation and many other newer updates. Large yard with great views of Canaan Mountain. Photos of 1st floor apartment, 2nd Floor kitchen and workshop/barn are displayed with listing.

Last Agent to Sell the Property

Wendy Eichman

Raynard & Peirce Realty,LLC License #REB.0791924 Listed on: 09/01/2023

Last Buyer's Agent

Rosemary Scanlon

Coldwell Banker Realty License #RES.0818714

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1860

Lot Details

  • 0.52 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Private Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • NCES Elementary School
  • Housatonic High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Energy-Efficient Insulation
  • Property is near a golf course

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2408435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,411

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: East Canaan
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2028
  • Total Sq Ft: 2028
  • Year Built: 1860
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Private School(s), Public Pool
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Route 44 - 3 houses west of Post Office, near entrance to Lower Road.
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private, Paved
  • Garage And Parking: Barn

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Extra Insulation, Thermopane Windows

Lot Info

  • Acres: 0.52
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: 1
  • Parcel #: 2408435

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Property Tax: 4411

MLS Schools

  • Elementary School: NCES
  • High School: Housatonic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 22, 2023
Sold by
Garfield Michael D and Garfield Joann L
Bought by
Whitford Kendra N and Albini Robert A
Seller's Agent
Wendy Eichman
Raynard & Peirce Realty,LLC
Buyer's Agent
Rosemary Scanlon
Coldwell Banker Realty
List Price
$359,000
Sold Price
$359,000
Views
81
Current Estimated Value
$340,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,107
Avg. Annual Appreciation
4.68%
Original Mortgage
$287,200
Outstanding Balance
$280,569
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,001

Purchase Details

Closed on
May 20, 2010
Sold by
Garfield Michael D and Garfield Joann L
Bought by
Martin George T and Martin Deborah J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whitford Kendra N $359,000 None Available
Martin George T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitford Kendra N $287,200
Previous Owner Martin George T $187,500
Previous Owner Martin George T $570,000
Previous Owner Martin George T $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $359,000 0.0% $177 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $359,000 -- $177 / 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 $4,281 $172,970 $31,220 $141,750
2024 $4,281 $172,970 $31,220 $141,750
2023 $4,411 $172,970 $31,220 $141,750
2022 $3,513 $113,320 $29,960 $83,360
2021 $3,286 $113,320 $29,960 $83,360
2020 $3,201 $113,320 $29,960 $83,360
2019 $3,201 $113,320 $29,960 $83,360
2018 $35 $113,320 $29,960 $83,360
2017 $3,198 $116,290 $33,130 $83,160
2016 $3,198 $116,290 $33,130 $83,160
2015 $3,198 $116,290 $33,130 $83,160
2014 $3,198 $116,290 $33,130 $83,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170595244

SmartMLS

APN: NRCA-000010-000000-000046