40 Cranbury Rd Westport, CT 06880
Old Hill NeighborhoodHighlights
- No HOA
- King's Highway Elementary School Rated A+
- Property is near a golf course
About This Lot
As of May 2022Great Value Add Opportunity whether a Gut Rehab / Renovation or Tear Down and Build New. The Historic and Coveted Old Hill neighborhood boasts predominant home values in/around $1M while new home values frequently exceed $2M. The site offers approx. 200' of frontage and is mostly rectangular in shape. Existing dwelling (or likely building site) is positioned near the street leaving the majority of lawn area and more private portions of the site free and clear for possible pool site, recreating and entertaining. The property is enveloped in a beautiful wooded perimeter with tall trees…a country setting which provides the perfect balance of privacy and proximity to nearby amenities. Conveniently situated within a few short miles of vibrant downtown Westport, you're minutes from top shelf shopping, entertainment, dining and cultural resources. Nationally ranked schools, beaches, golf, parks, the Saugatuck/Westport railroad station, I95 and the Merritt Parkway are all within easy driving distances.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,111
Year Built
- 1930
Lot Details
- 1 Acre Lot
- Cleared Lot
- Property is zoned AA
Schools
- Coleytown Middle School
Additional Features
- Property is near a golf course
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Executors Deed | $525,000 | -- | |
| Executors Deed | $525,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $472,500 | New Conventional |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2022 05/26/22 | Sold | $2,410,000 | +41.8% | $602 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $1,699,000 | +223.6% | $425 / Sq Ft |
| 11/01/2019 11/01/19 | Sold | $525,000 | -8.7% | $229 / Sq Ft |
| 10/07/2019 10/07/19 | Pending | -- | -- | -- |
| 08/01/2019 08/01/19 | Price Changed | $575,000 | -4.0% | $251 / Sq Ft |
| 06/20/2019 06/20/19 | Price Changed | $599,000 | -9.1% | $261 / Sq Ft |
| 06/04/2019 06/04/19 | For Sale | $659,000 | -- | $287 / Sq Ft |
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 | $17,257 | $926,800 | $428,400 | $498,400 |
| 2023 | $17,007 | $926,800 | $428,400 | $498,400 |
| 2022 | $16,747 | $926,800 | $428,400 | $498,400 |
| 2021 | $16,747 | $926,800 | $428,400 | $498,400 |
| 2020 | $9,809 | $587,000 | $425,600 | $161,400 |
| 2019 | $11,111 | $659,000 | $425,600 | $233,400 |
| 2018 | $11,111 | $659,000 | $425,600 | $233,400 |
| 2017 | $11,111 | $659,000 | $425,600 | $233,400 |
| 2016 | $11,111 | $659,000 | $425,600 | $233,400 |
| 2015 | $11,399 | $630,100 | $351,700 | $278,400 |
| 2014 | $11,304 | $630,100 | $351,700 | $278,400 |
Source: SmartMLS
MLS Number: 170202825
APN: WPOR-000010A-000000-000008
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