NOT LISTED FOR SALE

38 Gerrish Ln New Canaan, CT 06840

Estimated Value: $3,513,280 - $4,364,000

4 Beds
5.5 Baths
5,438 Sq Ft
$735/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $2,557,500 $470 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $23,627/month

150 Days on Market

Highlights

  • Guest House
  • Colonial Architecture
  • 2 Fireplaces
  • South Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of June 2014

Wonderful 1948 Colonial on 1.5 ac on much sought after Gerrish Ln.Residence is beautifully decorated&extensively updated.MBR offers hers & his bths,walk-in closets,inside & outside sitting rms.Large au pair suite/playrm above garage w/full bth&kitchenette.1146 sf guest hse (incl in total sq.ft.)Powerful generator runs main hse,guest cottage&shed.Central A/C in all but rm over garage.Spectacular grounds w/mature plantings,magnificent trees & charming garden shed.Sidewalks to town & train station.

Last Agent to Sell the Property

Benjamin Halsell

Houlihan Lawrence License #RES.0763012 Listed on: 01/20/2014

Houlihan Lawrence

Last Buyer's Agent

Susan McClellan Valk

Brown Harris Stevens License #RES.0774263

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,734

Year Built

  • Built in 1948

Lot Details

  • 1.54 Acre Lot
  • Level Lot
  • Property is zoned 1 ACRE

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry

Interior Spaces

  • 5,438 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Entrance Foyer
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio
  • Shed

Additional Homes

  • Guest House

Schools

  • South Elementary School
  • Saxe Middle School
  • NCHS High School

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,734

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5438
  • Total Sq Ft: 5438
  • Year Built: 1948
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rte 124 Thru Town, Left On Gerrish Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Partial, Unfinished
  • Interior Amenities: Central Vacuum, Security System
  • Appliances: Cook Top, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Foyer
  • Laundry Room Location: Basement
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Guest House, Patio, Shed
  • Exterior Siding: Clapboard
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: SOUTH
  • Middle School: SAXE
  • High School: NCHS

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 1.5400
  • Lot Description: Level Lot, Fence - Wood
  • Zoning: 1 ACRE

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 25734
  • Total Assessed Value: 1690920
  • Mil Rate Total: 15.219
  • Assessor Parcel Number: 184139
  • Tax Year Pub Record: 2013

MLS Schools

  • Elementary School: SOUTH
  • Middle Jr High School: SAXE
  • High School: NCHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2014
Closed on
Jun 18, 2014
Sold by
Hickey Thomas M and Hickey Christy G
Bought by
Armijo Joel A and Armijo Deborah T
Seller's Agent
Benjamin Halsell
Houlihan Lawrence
Buyer's Agent
Susan McClellan Valk
Brown Harris Stevens
List Price
$2,850,000
Sold Price
$2,557,500
Premium/Discount to List
-$292,500
-10.26%
Current Estimated Value
$3,995,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,438,320
Avg. Annual Appreciation
3.70%
Original Mortgage
$2,046,000
Interest Rate
3.13%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2011
Sold by
Grzelecki Jean N
Bought by
Hickey Thomas M and Hickey Christy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.25%

Purchase Details

Closed on
Nov 18, 1997
Sold by
Logan Marlin D and Logan Sandra
Bought by
Castellani John J and Castellani Therese A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1993
Sold by
Griffin Patricia
Bought by
Logan Donald and Logan Sandra
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
Armijo Joel A $2,557,500 --
Hickey Thomas M $2,820,000 --
Castellani John J $1,950,000 --
Logan Donald $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Donald $2,000,000
Closed Logan Donald $2,046,000
Previous Owner Logan Donald $2,100,000
Previous Owner Logan Donald $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $2,557,500 -10.3% $470 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $2,850,000 -- $524 / 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 $29,303 $1,755,740 $829,640 $926,100
2024 $28,338 $1,755,740 $829,640 $926,100
2023 $27,752 $1,465,240 $754,460 $710,780
2022 $26,916 $1,465,240 $754,460 $710,780
2021 $26,609 $1,465,240 $754,460 $710,780
2020 $26,609 $1,465,240 $754,460 $710,780
2019 $26,726 $1,465,240 $754,460 $710,780
2018 $28,499 $1,618,540 $762,090 $856,450
2017 $27,983 $1,618,540 $762,090 $856,450
2016 $27,347 $1,618,540 $762,090 $856,450
2015 $26,806 $1,618,540 $762,090 $856,450
2014 $26,060 $1,618,540 $762,090 $856,450
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Benjamin Halsell

    Houlihan Lawrence

    Section Image

  • S

    Buyer's Agent in 2014

    Susan McClellan Valk

    Brown Harris Stevens

    (203) 966-7800

    6 in this area

    6 Total Sales

    Susan McClellan Valk
    Section Image
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Map

Source: SmartMLS

MLS Number: 99051992

SmartMLS

APN: NCAN-000032-000020-000858

Connecticut Fairfield County New Canaan 06840

38 Gerrish Ln, New Canaan, CT

This home is located at 38 Gerrish Ln, New Canaan, CT 06840 since 20 January 2014 and is currently estimated at $3,995,820, approximately $734 per square foot. This property was built in 1948. 38 Gerrish Ln is a home located in Fairfield County with nearby schools including South Elementary School, Saxe Middle School, and New Canaan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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