NOT LISTED FOR SALE

407 Spring Water Ln New Canaan, CT 06840

Estimated Value: $1,138,000 - $1,839,605

4 Beds
2.5 Baths
2,149 Sq Ft
$712/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $726,000 $338 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $9,356/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Fireplace
  • West Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of September 2020

Great opportunity to live on the West side, renovate or build new on a quiet street. 4 Bedroom, 2.1 bath, traditional Colonial has good bones! Most of the floors are in great condition. Septic is in good condition, Generac generator works great! Lower Level has ample room to renovate with walkout to the backyard. Love this location! Being sold (as is).

Last Agent to Sell the Property

Libby Mattson

Houlihan Lawrence License #RES.0795773 Listed on: 08/15/2020

Houlihan Lawrence

Last Buyer's Agent

Eileen Hanford

Brown Harris Stevens License #RES.0293590

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,455

Year Built

  • Built in 1966

Lot Details

  • 1.7 Acre Lot
  • Level Lot
  • Property is zoned 200

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,149 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Private Driveway

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,455

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2149
  • Public Record Living Room Sq Ft: 2149
  • Total Sq Ft: 2149
  • Year Built: 1966
  • Nearby Amenities: Paddle Tennis, Park, Public Pool, Public Transportation, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4489
  • Directions: Exit 36, left on Jelliff Mill right onto Spring Water Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Security System
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator
  • Additional Rooms: Foyer
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.7000
  • Lot Description: Level Lot, Sloping Lot
  • Zoning: 200

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 12455
  • Mil Rate Base: 18.160
  • Assessor Parcel Number: 183432

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Sep 25, 2020
Sold by
Bruno James
Bought by
Martin Cara and Martin Peter
Seller's Agent
Libby Mattson
Houlihan Lawrence
Buyer's Agent
Eileen Hanford
Brown Harris Stevens
List Price
$699,000
Sold Price
$726,000
Premium/Discount to List
$27,000
3.86%
Current Estimated Value
$1,530,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,651
Avg. Annual Appreciation
15.46%
Original Mortgage
$580,800
Outstanding Balance
$516,591
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,014,060

Purchase Details

Closed on
May 23, 2018
Sold by
Bruno Marjorie
Bought by
Bruno James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Cara $726,000 None Available
Bruno James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Cara $580,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $726,000 +3.9% $338 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $699,000 -- $325 / 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 $15,930 $954,450 $687,260 $267,190
2024 $15,405 $954,450 $687,260 $267,190
2023 $13,167 $695,170 $631,540 $63,630
2022 $12,770 $695,170 $631,540 $63,630
2021 $12,455 $685,860 $631,540 $54,320
2020 $12,455 $685,860 $631,540 $54,320
2019 $12,510 $685,860 $631,540 $54,320
2018 $13,203 $778,470 $584,710 $193,760
2017 $12,977 $778,470 $584,710 $193,760
2016 $12,697 $778,470 $584,710 $193,760
2015 $12,448 $778,470 $584,710 $193,760
2014 $12,097 $778,470 $584,710 $193,760
Source: Public Records

Agents Affiliated with this Home

  • Libby Mattson

    Seller's Agent in 2020

    Libby Mattson

    Houlihan Lawrence

    (203) 820-5524

    32 in this area

    132 Total Sales

    Libby Mattson
    Section Image

  • E

    Buyer's Agent in 2020

    Eileen Hanford

    Brown Harris Stevens

    Section Image
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Map

Source: SmartMLS

MLS Number: 170323479

SmartMLS

APN: NCAN-000025-000011-000042

Connecticut Fairfield County New Canaan 06840

407 Spring Water Ln, New Canaan, CT

Not Listed for Sale

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