NOT LISTED FOR SALE

401 Cedar Ln New Canaan, CT 06840

Estimated Value: $1,881,000 - $2,198,205

4 Beds
4 Baths
3,922 Sq Ft
$532/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $1,907,500 $486 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,595/month

14 Days on Market

Highlights

  • Heated In Ground Pool
  • Ranch Style House
  • 2 Fireplaces
  • East Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of July 2023

Discover this charming California-style ranch, nestled on 1.53 flat acres and surrounded by other exquisite homes. Boasting both a quiet ambiance and convenient access to town, this property possesses all the essentials for an ideal home. The open floor plan seamlessly connects the kitchen and dining area to the inviting living room, which features a cozy fireplace and opens out to a beautifully landscaped space adorned with perennial gardens and a heated in-ground pool. This home offers four spacious bedrooms, including a primary en-suite with its own fireplace and a spacious walk-in closet—all with uncarpeted floors. The lower level offers a playroom with ample storage and a mechanical room. Additionally, there is a private deck off the bedroom section, a 3-car garage, and a whole-house generator. Unwind on the delightful patio overlooking the meticulously maintained yard and pool—a truly exceptional, move-in-ready property!

Last Agent to Sell the Property

Pina Basone

Keller Williams Prestige Prop. License #RES.0036487 Listed on: 05/30/2023

Keller Williams Prestige Prop.

Last Buyer's Agent

Carrie Perkins

RE/MAX Heritage License #RES.0794928

RE/MAX Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,661

Year Built

  • Built in 1957

Lot Details

  • 1.53 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned 2AC

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Shingle Siding

Interior Spaces

  • 2 Fireplaces
  • Entrance Foyer
  • Smart Lights or Controls

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Energy-Efficient Lighting
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,661

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Neighborhood: Silvermine
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2872
  • Public Record Living Room Sq Ft: 2872
  • Sq Ft Est Heated Below Grade: 1050
  • Total Sq Ft: 3922
  • Year Built: 1957
  • Nearby Amenities: Golf Course, Library, Medical Facilities
  • Remarks Public Addendum: Generac whole house- propane fill heating is oil GE Monogram black glass five burner cooktop Dacor double oven stainless steel separate warming drawer Marvel stainless steel wine cooler 2021 Stainless steel side-by-side refrigerator and freezer Well water, Irrigation system, septic Last pump septic June 2022
  • Direct Waterfront: No
  • Encumbrances Restrictions: Truck(S)
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6906
  • Tax Year Updated Dt: 06/26/2023
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Cooled, Liveable Space, Storage, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: main level
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Lighting
  • Street Number Modifier: 401

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Vinyl
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Driveway
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 1.5300
  • Lot Description: Cleared, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 2AC

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 12661
  • Total Assessed Value: 668500
  • Mil Rate Base: 18.940
  • Mil Rate Total: 18.940
  • Assessor Parcel Number: 188639

MLS Schools

  • Elementary School: East
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 18, 2023
Sold by
Fazio Mariano E and Pomposiello Silvia I
Bought by
Alimi Veton
Seller's Agent
Pina Basone
Keller Williams Prestige Prop.
Buyer's Agent
Carrie Perkins
RE/MAX Heritage
List Price
$1,699,000
Sold Price
$1,907,500
Premium/Discount to List
$208,500
12.27%
Views
114
Current Estimated Value
$2,088,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,551
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,407,500
Outstanding Balance
$1,369,406
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$756,253

Purchase Details

Closed on
Aug 21, 2008
Sold by
Loredo Daniel T
Bought by
Fazio Mariano E and Pomposiello Silvia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Oconnor Kristen H
Bought by
Loredo Jose

Purchase Details

Closed on
Oct 18, 1996
Sold by
Kramer Hans Joachim and Kramer Northild D
Bought by
Oconnor Lloyd F and Oconnor Kristen H
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Alimi Veton $1,907,500 None Available
Fazio Mariano E $1,560,000 --
Loredo Jose $1,350,000 --
Oconnor Lloyd F $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alimi Veton $1,407,500
Previous Owner Oconnor Lloyd F $1,170,000
Previous Owner Oconnor Lloyd F $78,000
Previous Owner Oconnor Lloyd F $917,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $1,907,500 +12.3% $486 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $1,699,000 0.0% $433 / Sq Ft
08/26/2020 08/26/20 Rented $7,200 +4.3% --
08/24/2020 08/24/20 Under Contract -- -- --
08/08/2020 08/08/20 For Rent $6,900 +15.0% --
09/02/2014 09/02/14 Rented $6,000 -22.1% --
08/03/2014 08/03/14 Under Contract -- -- --
05/02/2014 05/02/14 For Rent $7,700 +26.2% --
06/01/2012 06/01/12 Under Contract -- -- --
06/01/2012 06/01/12 Rented $6,100 -22.8% --
01/25/2012 01/25/12 For Rent $7,900 -- --
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 $18,291 $1,095,920 $606,900 $489,020
2024 $17,688 $1,095,920 $606,900 $489,020
2023 $12,661 $668,500 $547,540 $120,960
2022 $12,280 $668,500 $547,540 $120,960
2021 $12,140 $668,500 $547,540 $120,960
2020 $12,140 $668,500 $547,540 $120,960
2019 $12,193 $668,500 $547,540 $120,960
2018 $13,703 $807,940 $538,720 $269,220
2017 $13,468 $807,940 $538,720 $269,220
2016 $13,178 $807,940 $538,720 $269,220
2015 $12,919 $807,940 $538,720 $269,220
2014 $12,555 $807,940 $538,720 $269,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170572288

SmartMLS

APN: NCAN-000043-000134-000008