$525,000
SOLD NOV 1, 2019

40 Cranbury Rd Westport, CT 06880

Old Hill Neighborhood
1 Acre
$525,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

20% Below List Price

125 Days on Market

Highlights

  • No HOA
  • King's Highway Elementary School Rated A+
  • Property is near a golf course

About This Lot

As of May 2022

Great 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.

Last Agent to Sell the Property

Tom Preston

Keller Williams Realty License #REB.0791576 Listed on: 06/04/2019

Keller Williams Realty

Co-Listed By

Luke Preston

Keller Williams Realty License #RES.0808875

Last Buyer's Agent

Vickie Kelley

Camelot Real Estate License #REB.0754602

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,111

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

Property Details

Property Type

Land

Est. Annual Taxes

$11,111

Lot Details

0

Listing Details

  • Neighborhood: Old Hill
  • Property Type: Lots And Land For Sale
  • Nearby Amenities: Golf Course, Library, Park
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Special Features: None

Exterior Features

  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 200

Utilities

  • Water Source: Public Water Connected
  • Sewer: Septic
  • Utilities Available: Electric, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Kings Highway
  • High School: Staples

Lot Info

  • Acres: 1.0000
  • Lot Description: Dry, Cleared
  • Flood Zone: No
  • Lot Improvements: House(s)
  • Lots Number Of: 1
  • Zoning: AA

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 11111
  • Total Assessed Value: 659000
  • Mil Rate Base: 16.860
  • Mil Rate Total: 16.860
  • Assessor Parcel Number: 414030

MLS Schools

  • Middle Jr High School: Coleytown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Bender Max
Bought by
Bender Max and Carajal Angela M
Current Estimated Value
$1,825,923

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
3.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 4, 2019
Closed on
Oct 30, 2019
Sold by
Kear Lucille E Est
Bought by
Bender Max
Seller's Agent
Tom Preston
Keller Williams Realty
Buyer's Agent
Vickie Kelley
Camelot Real Estate
List Price
$659,000
Sold Price
$525,000
Premium/Discount to List
-$134,000
-20.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%
Original Mortgage
$472,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Executors Deed $525,000 --
Executors Deed $525,000 --
Source: Public Records

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
Source: Public Records

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
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 $17,479 $926,800 $428,400 $498,400
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: Public Records

Agents Affiliated with this Home

  • Allison Santopietro

    Seller's Agent in 2022

    Allison Santopietro

    William Raveis Real Estate

    (203) 216-2462

    3 in this area

    45 Total Sales

    Allison Santopietro
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Angela Arango

    William Raveis Real Estate

    Section Image
  • Mary Ellen Gallagher

    Buyer's Agent in 2022

    Mary Ellen Gallagher

    Compass Connecticut, LLC

    (203) 216-0699

    5 in this area

    53 Total Sales

    Mary Ellen Gallagher
    Section Image

  • T

    Seller's Agent in 2019

    Tom Preston

    Keller Williams Realty

    (203) 247-8894

    29 Total Sales

    Tom Preston
    Section Image
  • Luke Preston

    Seller Co-Listing Agent in 2019

    Luke Preston

    Keller Williams Realty

    (203) 733-8606

    32 Total Sales

    Luke Preston
    Section Image
  • Vickie Kelley

    Buyer's Agent in 2019

    Vickie Kelley

    Camelot Real Estate

    (203) 803-6448

    82 Total Sales

    Vickie Kelley
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170202825

SmartMLS

APN: WPOR-000010A-000000-000008

Connecticut Fairfield County Westport 06851 Old Hill

40 Cranbury Rd, Westport, CT

This home is located at 40 Cranbury Rd, Westport, CT 06880 and is currently priced at $525,000, approximately $228 per square foot. 40 Cranbury Rd is a home located in Fairfield County with nearby schools including King's Highway Elementary School, Coleytown Middle School, and Staples 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes