NOT LISTED FOR SALE

278 South Ave New Canaan, CT 06840

Estimated Value: $2,979,806 - $3,697,000

5 Beds
5.5 Baths
6,347 Sq Ft
$523/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,880,000 $296 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $20,946/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • South Elementary School Rated A+
  • 3 Fireplaces
  • 2 Car Attached Garage

About This Home

As of July 2020

Want the feel of new construction? Explore this premiere home in the virtual tour. Only 5 blocks from town, this gracious home boasts a soaring three story entry, expansive light-filled open kitchen and family room combination, stunning master bedroom suite with spacious dressing room and marble bath and custom crafted cabinetry and millwork throughout the formal and informal living spaces. Patio and side yard allows for outdoor entertaining and play. Bonus room on third floor can be used as a 6th bedroom or office, additional walk-out lower level includes exercise room, recreation/play room and full bath. Fabulous location; walk the sidewalks to parks, town, schools and train. Total sq. footage includes lower level.

Last Agent to Sell the Property

Wendy Dixon Fog

Houlihan Lawrence License #RES.0754723 Listed on: 06/04/2020

Houlihan Lawrence

Last Buyer's Agent

Christine Saxe

Compass Connecticut, LLC License #RES.0768323

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,123

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Property is zoned 450

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 6,347 Sq Ft Home
  • Sound System
  • 3 Fireplaces
  • Walkup Attic
  • Home Security System

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: TV in family room, speakers in the basement. AV-control tower and hall chandelier negotiable

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,123

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 6347
  • Public Record Living Room Sq Ft: 5083
  • Total Sq Ft: 6347
  • Year Built: 2005
  • Exclusions: TV in family room, speakers in the basement. AV-control tower and hall chandelier negotiable
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 9286
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Merritt Parkway north, Exit 37 north onto Rt 124 (South Avenue)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Fully Finished
  • Interior Amenities: Audio System, Cable - Pre-wired, Security System
  • Appliances: Gas Cooktop, Microwave, Refrigerator, Dishwasher, Disposal, Washer
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 278

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot, Sloping Lot
  • Zoning: 450

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 26123
  • Total Assessed Value: 1438500
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 185920

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 4, 2020
Closed on
Jul 29, 2020
Sold by
Flemming & A Jensen Ret
Bought by
Lambeth Justin and Lambeth Kathryn
Seller's Agent
Wendy Dixon Fog
Houlihan Lawrence
Buyer's Agent
Christine Saxe
Compass Connecticut, LLC
List Price
$1,999,500
Sold Price
$1,880,000
Premium/Discount to List
-$119,500
-5.98%
Total Days on Market
36
Current Estimated Value
$3,317,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,702
Avg. Annual Appreciation
10.48%
Original Mortgage
$1,410,000
Outstanding Balance
$1,277,812
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,771,182

Purchase Details

Closed on
Nov 21, 2012
Sold by
Jensen Flemming K and Jensen Anna C
Bought by
Jensen Flemming J and Jensen C

Purchase Details

Closed on
Aug 3, 2006
Sold by
Mwg Llc
Bought by
Jensen Flemming K and Jensen Anna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.7%

Purchase Details

Closed on
Jun 1, 2005
Sold by
Price Harold D and Mathison-Price Lauren
Bought by
Mwg Llc

Purchase Details

Closed on
Dec 22, 2000
Sold by
Est Price Eileen and Nealon Margaret M
Bought by
Price Harold D
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
Lambeth Justin $1,880,000 None Available
Jensen Flemming J -- --
Jensen Flemming K $2,700,000 --
Mwg Llc $825,000 --
Price Harold D $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambeth Justin $1,410,000
Previous Owner Price Harold D $150,000
Previous Owner Price Harold D $725,000
Previous Owner Price Harold D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,880,000 -5.8% $296 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $1,995,000 -0.2% $314 / Sq Ft
06/04/2020 06/04/20 For Sale $1,999,500 -- $315 / 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 $27,861 $1,726,200 $869,400 $856,800
2023 $27,245 $1,438,500 $740,320 $698,180
2022 $26,425 $1,438,500 $740,320 $698,180
2021 $26,123 $1,438,500 $740,320 $698,180
2020 $26,123 $1,438,500 $740,320 $698,180
2019 $26,238 $1,438,500 $740,320 $698,180
2018 $25,837 $1,467,340 $628,320 $839,020
2017 $25,369 $1,467,340 $628,320 $839,020
2016 $24,792 $1,467,340 $628,320 $839,020
2015 $25,146 $1,467,340 $628,320 $839,020
2014 $23,626 $1,467,340 $628,320 $839,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170302357

SmartMLS

APN: NCAN-000000-N000057-000061