$1,300,000
$200K PRICE DROP

40 Walnut St Monroe, CT 06468

Estimated payment $8,223/month

Total Views 9,825
5 Beds
6 Baths
5,189 Sq Ft
$251 Price per Sq Ft

Highlights

  • Home fronts a pond
  • Vaulted Ceiling
  • 1 Fireplace
  • Monroe Elementary School Rated A
  • Raised Ranch Architecture
  • Built-In Double Oven

About This Home

Welcome to this magnificent custom-built raised ranch known as 40 Walnut Street located in Fairfield County in the Town of Monroe. Monroe is a beautiful community that offers a balanced blend of suburban amenities, many opportunities for recreation, scenic beauty and rural character. Whitney Farms Golf Course is a three-minute drive and features a clubhouse, pro-shop and catering facility for all of your festive gatherings. This 5,189+- square foot home is situated on an expansive 1.77-acre lot which has a massive, relatively level rear yard for recreation. It also features a pond with custom stone embankments. The house is serviced by public water, a septic system and natural gas. The asphalt driveway leads to a 3-car attached garage with one bay presently used as a gym. You enter through a double front door into the foyer that has a vaulted ceiling, marble flooring and a large arched window. The first level consists of a living room with marble flooring, custom overhead lights and a gas fireplace. The kitchen has attractive wood cabinets, marble flooring and window views of the rear yard. Appliances include an inset electric oven in the island for your relaxing cup of coffee. There is also a stainless-steel double oven, microwave, and dishwasher. Adjacent to the kitchen is an informal dining area. One of the most spectacular rooms in the home is the formal dining room with a 2+ story ceiling, oak flooring with inlay, four large arched windows and a custom chandelier

Listing Agent

Stephen Hodson

Hodson Realty, Inc. License #REB.0756918 Listed on: 07/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,211

Year Built

  • Built in 1961

Lot Details

  • 1.77 Acre Lot
  • Home fronts a pond
  • Property is zoned RF1

Parking

  • 3 Car Garage

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 5,189 Sq Ft Home
  • Vaulted Ceiling
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Hot Water Heating System
  • Gas Available at Street
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 174848

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,211

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 5189
  • Total Sq Ft: 5189
  • Year Built: 1961
  • New Construction: No/Resale
  • Remarks Public Addendum: There are five bedrooms as well as a music room that could be used as a sixth bedroom, three full bathrooms, and three half baths. The master bathroom has a whirlpool tub surrounded by marble, two skylights and a vaulted ceiling. The well-lit rear office has a vaulted ceiling with a paddle fan/overhead light and exposed beams. There is also a classic billiard room for your competitive nature or just for fun.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: GPS friendly
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Security System
  • Appliances: Electric Cooktop, Wall Oven, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Other
  • Water Source: Public Water In Street
  • Sewer: Septic

Lot Info

  • Acres: 1.77
  • Lot Description: Level Lot Professionally Landscaped Water View Open Lot
  • Zoning: RF1
  • Parcel #: 174848

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 16211

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,211 $565,440 $109,340 $456,100
2024 $13,486 $352,400 $95,300 $257,100
2023 $13,233 $352,400 $95,300 $257,100
2022 $12,989 $352,400 $95,300 $257,100
2021 $12,813 $352,400 $95,300 $257,100
2020 $12,503 $352,400 $95,300 $257,100
2019 $12,293 $345,500 $95,300 $250,200
2018 $12,175 $345,500 $95,300 $250,200
2017 $12,355 $345,500 $95,300 $250,200
2016 $12,093 $345,500 $95,300 $250,200
2015 $11,868 $345,500 $95,300 $250,200
2014 $12,067 $389,130 $119,840 $269,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 Price Changed $1,300,000 -13.3% $251 / Sq Ft
07/18/2025 07/18/25 For Sale $1,500,000 -- $289 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $200,000 --
Quit Claim Deed $200,000 --
Quit Claim Deed $200,000 --
Quit Claim Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 No Value Available
Previous Owner $75,000 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24110750

SmartMLS

APN: MONR-000053-000023