NOT LISTED FOR SALE

388 Main St Unit 388 New Canaan, CT 06840

Estimated Value: $672,000 - $710,422

3 Beds
1.5 Baths
1,685 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $503,000 $299 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,573/month

178 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Wetlands on Lot
  • South Elementary School Rated A+
  • Deck
  • Attic

About This Home

As of May 2018

Location, Location, Location! Spacious three bedroom colonial condominium on lovely Main Street with views of the Five Mile River from the terrace, master bedroom & lower level. Bright & sunny with extra large deck for three season entertaining. Central air, and forced heat provides clean & efficient utility. Lower level has new hardwood floors, high ceilings and a large window with great views! Walk on sidewalks to village, parks, school and train and enjoy the convenience of in-town living.

The two unit condominium was enhanced by Carl Kuehner (BLT) in 1987. The complex was further developed with landscaping, a flagstone walk way, stone walls, Belgium block perimeters and perennial gardens. Inside, the unit has new water reducing toilets, new bathroom sink tops and an upgraded air handler with R-410A refrigerant which does not contribute to ozone depletion.

Last Agent to Sell the Property

Laura Danforth

William Raveis Real Estate License #RES.0770530 Listed on: 10/14/2017

William Raveis Real Estate

Last Buyer's Agent

Laura Danforth

William Raveis Real Estate License #RES.0770530 Listed on: 10/14/2017

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1970

Lot Details

  • River Front
  • End Unit
  • Many Trees

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Half Duplex
  • Clap Board Siding
  • Masonry

Interior Spaces

  • Open Floorplan
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Wetlands on Lot
  • Deck

Location

  • Property is near shops

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Hot Water Circulator
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include trash pickup, insurance
  • 2 Units
  • Canaan Woodlands Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,262

Year Built

Built in 1970

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse, Half Duplex
  • Sq Ft Est Heated Above Grade: 1217
  • Public Record Living Room Sq Ft: 1217
  • Sq Ft Est Heated Below Grade: 468
  • Total Sq Ft: 1685
  • Year Built: 1970
  • Nearby Amenities: Library, Paddle Tennis, Park, Playground/Tot Lot, Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1805
  • Directions: Main Street between Millport and Down River Road
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Fully Finished, Interior Access, Walk-out, Liveable Space, Storage
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Attic: Yes
  • Street Number Modifier: 388

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Direct Waterfront, River, View
  • Swimming Pool: No
  • Construction Description: Masonry

Garage/Parking

  • Garage Parking Info: Assigned Parking, Driveway, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air, Hot Water, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup, Insurance
  • Complex Name: Canaan Woodlands
  • HOA Fees: 130
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Lot Info

  • Lot Description: Some Wetlands, Water View, Corner Lot, Treed
  • Zoning: 600

Rental Info

  • Pets Allowed Info: No restrictions
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5262
  • Total Assessed Value: 304360
  • Mil Rate Base: 16.670
  • Mil Rate Tax District: 0.619
  • Mil Rate Total: 17.289
  • Assessor Parcel Number: 186782

Multi Family

  • Total Num Of Units: 2

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
Oct 14, 2017
Closed on
May 9, 2018
Sold by
Oehsen Janice
Bought by
Shi Sangde and Zhang Min
Seller's Agent
Laura Danforth
William Raveis Real Estate
Buyer's Agent
Laura Danforth
William Raveis Real Estate
List Price
$550,000
Sold Price
$503,000
Premium/Discount to List
-$47,000
-8.55%
Total Days on Market
178
Current Estimated Value
$681,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,856
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Sutton-Beattie Eric L and Sutton-Beattie Vicki
Bought by
Vonoehsen Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 1988
Sold by
Canaan Woodland Ltd
Bought by
Sutton Beattie Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
9.78%
Source: Public Records

Range of Values:

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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
Shi Sangde $503,000 --
Vonoehsen Janice $219,000 --
Sutton Beattie Vicki $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutton Beattie Vicki $128,400
Previous Owner Sutton Beattie Vicki $164,000
Previous Owner Sutton Beattie Vicki $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $503,000 +0.8% $299 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/14/2018 03/14/18 Price Changed $499,000 -4.8% $296 / Sq Ft
01/30/2018 01/30/18 Price Changed $524,000 -4.7% $311 / Sq Ft
10/14/2017 10/14/17 For Sale $550,000 -- $326 / 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 $7,376 $457,030 $0 $457,030
2023 $6,534 $344,960 $0 $344,960
2022 $6,337 $344,960 $0 $344,960
2021 $6,264 $344,960 $0 $344,960
2020 $6,264 $344,960 $0 $344,960
2019 $6,292 $344,960 $0 $344,960
2018 $5,359 $304,360 $0 $304,360
2017 $5,262 $304,360 $0 $304,360
2016 $5,142 $304,360 $0 $304,360
2015 $5,041 $304,360 $0 $304,360
2014 $4,901 $304,360 $0 $304,360
Source: Public Records

Agents Affiliated with this Home

  • Laura Danforth

    Seller's Agent in 2018

    Laura Danforth

    William Raveis Real Estate

    (203) 801-8001

    35 in this area

    40 Total Sales

    Laura Danforth
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Map

Source: SmartMLS

MLS Number: 170024224

SmartMLS

APN: NCAN-000000-N000082-000614-A000000

Connecticut Fairfield County New Canaan 06840

388 Main St Unit 388, New Canaan, CT

This home is located at 388 Main St Unit 388, New Canaan, CT 06840 since 14 October 2017 and is currently estimated at $681,856, approximately $404 per square foot. This property was built in 1970. 388 Main St Unit 388 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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