NOT LISTED FOR SALE

388 Cedar Ln New Canaan, CT 06840

Estimated Value: $1,987,826 - $2,177,000

4 Beds
2.5 Baths
4,033 Sq Ft
$509/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,300,000 $322 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,995/month

126 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • Colonial Architecture
  • 3 Fireplaces
  • East Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of June 2020

Search no more. The time to move is NOW. This is the sought after neighborhood you have been seeking. A four bedroom entertainer's dream sited on 1.6 park- like level acres boasts an inviting backyard with pergola, stone fireplace, flagstone patio and an expansive manicured lawn. Interior amenities include a sunny chef's kitchen with custom cabinetry, SubZero and Wolfe appliances, center island and breakfast room, which open to a vaulted family room with built-ins and cozy fireplace. The welcoming sunroom addition merges seamlessly into the spacious living room with fireplace. Second floor includes a wood-beamed vaulted master suite recently enlarged to showcase a luxurious marble bathroom and room sized walk-in closet. Finished lower level playroom, storage room and full house generator complete this move-in ready home.

Last Listed By

Hannelore Kaplan

William Raveis Real Estate License #RES.0771569 Listed on: 02/05/2020

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,570

Year Built

  • Built in 1963

Lot Details

  • 1.6 Acre Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned 200

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 3 Fireplaces
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Patio
  • Gazebo
  • Shed
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,570

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3477
  • Public Record Living Room Sq Ft: 3477
  • Sq Ft Est Heated Below Grade: 556
  • Total Sq Ft: 4033
  • Year Built: 1963
  • Nearby Amenities: Golf Course, Library, Paddle Tennis, Park, Playground/Tot Lot, Public Pool, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5720
  • Directions: From Merritt Exit 38 North. Right on Carter. Right on Pocconock Trail. Right on Buttery. Left on Cedar
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Fully Finished, Interior Access
  • Interior Amenities: Security System
  • Appliances: Gas Range, Microwave, Subzero, Dishwasher, Wine Chiller
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 388

Exterior Features

  • Exterior Features: Gazebo, Gutters, Patio, Shed, Underground Sprinkler
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Wall Unit, Zoned
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 1.6000
  • Lot Description: Cleared, Level Lot, Professionally Landscaped
  • Zoning: 200

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 16570
  • Total Assessed Value: 908460
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 189331

MLS Schools

  • Elementary School: East
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jun 10, 2020
Sold by
Pinchin Benjamin
Bought by
Wheeler Stephanie and Stuhlman Luther
Seller's Agent
Hannelore Kaplan
William Raveis Real Estate
Buyer's Agent
Hannelore Kaplan
William Raveis Real Estate
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Total Days on Market
126
Current Estimated Value
$2,053,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,707
Avg. Annual Appreciation
9.70%
Original Mortgage
$1,040,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 9, 2012
Closed on
Jul 3, 2012
Sold by
Macdonald Michael A and Macdonald Lauren B
Bought by
Pinchin Benjamin D
Seller's Agent
Pamela Porter McCroskey
Brown Harris Stevens
Buyer's Agent
Joan Allocca
Brown Harris Stevens
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.47%
Original Mortgage
$945,000
Interest Rate
3.78%

Purchase Details

Closed on
Aug 27, 2002
Sold by
Caolo Frank J and Caolo Joanne M C
Bought by
Mcdonald Michael A and Mcdonald Lauren B

Purchase Details

Closed on
Feb 15, 2001
Sold by
Dalir Randall J and Dalia Stephanie H
Bought by
Caolo Frank J and Collett Joanne M

Purchase Details

Closed on
Dec 16, 1993
Sold by
Mcintosh Kevin and Mcintosh Deborah
Bought by
Dalia Randall and Dalia Stephanie

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
Wheeler Stephanie $1,300,000 None Available
Pinchin Benjamin D $1,350,000 --
Mcdonald Michael A $1,120,000 --
Caolo Frank J $915,000 --
Dalia Randall $587,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuhlman Luther $340,000
Closed Stuhlman Luther $100,000
Open Stuhlman Luther $1,000,000
Closed Wheeler Stephanie $1,040,000
Previous Owner Mcintosh Kevin $945,000
Previous Owner Mcintosh Kevin $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $1,300,000 -1.9% $322 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $1,325,000 -5.0% $329 / Sq Ft
02/05/2020 02/05/20 For Sale $1,395,000 +3.3% $346 / Sq Ft
07/02/2012 07/02/12 Sold $1,350,000 0.0% $537 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $1,350,000 -- $537 / 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 $17,983 $1,114,190 $612,850 $501,340
2023 $17,206 $908,460 $555,170 $353,290
2022 $16,688 $908,460 $555,170 $353,290
2021 $16,498 $908,460 $555,170 $353,290
2020 $16,498 $908,460 $555,170 $353,290
2019 $16,570 $908,460 $555,170 $353,290
2018 $16,913 $997,220 $546,280 $450,940
2017 $16,624 $997,220 $546,280 $450,940
2016 $16,265 $997,220 $546,280 $450,940
2015 $14,298 $894,180 $546,280 $347,900
2014 $13,896 $894,180 $546,280 $347,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170269857

SmartMLS

APN: NCAN-000043-000220-000078