40 Shadow Ln New Canaan, CT 06840
Estimated Value: $1,963,163 - $2,270,000
5
Beds
5
Baths
4,425
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Sub-Zero Refrigerator
- 2.08 Acre Lot
- 2 Fireplaces
- East Elementary School Rated A+
- Colonial Architecture
- No HOA
About This Home
As of October 2021Nestled at the end of a cul-de-sac, this wonderful colonial sits on more than 2 acres of beautiful property. Spanning more than 4,000 sq. ft. this sun-drenched home is perfect for entertaining both indoors and outside on the oversized Trex deck. Newly renovated kitchen featuring Wolf and Sub-Zero appliances. The main entry leads to a formal living room and large family room with vaulted ceiling and fireplace. The sunroom adjoins the dining room, the perfect place to relax after dinner. Upstairs you will find an office with gleaming hardwood floors and five bedrooms, including a large Primary Suite with brand new bathroom. Wonderful walking trail winds around the perimeter of the property. Convenient location – short drive to town and Merritt Parkway.
Last Listed By
William Raveis Real Estate License #RES.0791187 Listed on: 08/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,932
Year Built
- Built in 1960
Lot Details
- 2.08 Acre Lot
- Cul-De-Sac
- Property is zoned 200
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Concrete Siding
Interior Spaces
- 4,425 Sq Ft Home
- 2 Fireplaces
- Unfinished Basement
Kitchen
- Gas Range
- Microwave
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Schools
- East Elementary School
- Saxe Middle School
- New Canaan High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Oil
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Garage
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Oct 27, 2021
Sold by
Gerardi Thomas and Gerardi Joanne
Bought by
Ferrante Jason and Ferrante Stephanie
Seller's Agent
Melissa Rwambuya
William Raveis Real Estate
Buyer's Agent
Laurie Balestrino
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,450,000
Premium/Discount to List
$100,000
7.41%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,541
Avg. Annual Appreciation
8.60%
Original Mortgage
$1,160,000
Outstanding Balance
$1,080,501
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$867,454
Purchase Details
Closed on
Jun 21, 1996
Sold by
Manesis Andrew and Manesis Sharon G
Bought by
Gerardi Thomas A and Gerardi Joanne M
Purchase Details
Closed on
May 31, 1988
Sold by
Tortorella Sandra
Bought by
Manesis Andrew
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Similar Homes in New Canaan, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferrante Jason | $1,450,000 | None Available | |
| Gerardi Thomas A | $575,500 | -- | |
| Manesis Andrew | $585,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferrante Jason | $1,160,000 | |
| Previous Owner | Gerardi Thomas | $600,000 | |
| Previous Owner | Gerardi Thomas | $172,000 | |
| Previous Owner | Manesis Andrew | $300,000 | |
| Previous Owner | Manesis Andrew | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2021 10/27/21 | Sold | $1,450,000 | +7.4% | $328 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/14/2021 08/14/21 | For Sale | $1,350,000 | -- | $305 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $17,138 | $1,061,830 | $566,440 | $495,390 |
| 2023 | $14,531 | $767,200 | $510,790 | $256,410 |
| 2022 | $14,093 | $767,200 | $510,790 | $256,410 |
| 2021 | $6,613 | $767,200 | $510,790 | $256,410 |
| 2020 | $13,932 | $767,200 | $510,790 | $256,410 |
| 2019 | $287 | $767,200 | $510,790 | $256,410 |
| 2018 | $15,653 | $922,940 | $591,150 | $331,790 |
| 2017 | $15,385 | $922,940 | $591,150 | $331,790 |
| 2016 | $18,315 | $1,122,940 | $591,150 | $531,790 |
| 2015 | $17,956 | $1,122,940 | $591,150 | $531,790 |
| 2014 | $17,450 | $1,122,940 | $591,150 | $531,790 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Rwambuya
Seller's Agent in 2021
Melissa Rwambuya
William Raveis Real Estate
(917) 670-5053
75 in this area
91 Total Sales
-
Kristen Harrow
K
Seller Co-Listing Agent in 2021
Kristen Harrow
William Raveis Real Estate
(203) 858-4823
19 in this area
22 Total Sales
-
Buyer's Agent in 2021
Laurie Balestrino
Coldwell Banker Realty
(203) 246-3837
Map
Source: SmartMLS
MLS Number: 170426419
APN: NCAN-000043-000217-000095
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