NOT LISTED FOR SALE

42 Forest St Unit 5 New Canaan, CT 06840

Estimated Value: $2,228,498 - $2,531,000

3 Beds
3.5 Baths
3,415 Sq Ft
$865/mo HOA Fee

Last Sold November 10, 2023

Last sale price $2,050,000 $600 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $15,715/month

433 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • 1 Fireplace
  • South Elementary School Rated A+
  • Attic
  • 4-minute walk to Pop Up

About This Home

As of November 2023

Imagine a little bit of New York City in New Canaan! Come see an extraordinary enclave of luxury lofts and townhouses and experience refined design and the finest hand-crafted finishes. Sophisticated new construction - 5 townhouses and 2 open floor plan lofts for the pinnacle in modern living. Each 3 bedroom, 3 bath townhouse has gorgeous wide plank white oak floors, living room with custom build-ins galore, fireplace with marble surround, optional elevator, 2 car attached garage, designer chef's kitchen with custom milled white oak cabinetry, waterfall leathered granite island, deluxe appliances, ensuite baths with artisan cut marble counters, and primary bath with heated floors. The lofts have a private elevator; the townhouses have an optional elevator. Both Lofts and Townhouses have access to an incredible 1,000 sq/ft roof deck and lounge! With outdoor kitchen, and grill, the space is perfect for entertaining, dining, and socializing! Enjoy a view of New Canaan like no other! Just off of New Canaan's Restaurant Row and all this idyllic historic village has to offer. Small town charm with a NYC vibe. Far enough yet close enough to NYC. *Virtual photos by Bespoke Marketing.

Last Agent to Sell the Property

Rita Kirby

William Pitt Sotheby's Int'l License #RES.0766547 Listed on: 09/01/2022

William Pitt Sotheby's Int'l

Co-Listed By

Bonnie Sztam

William Pitt Sotheby's Int'l License #RES.0777723

Last Buyer's Agent

Janis Hennessy

William Raveis Real Estate License #RES.0788866

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,660

Year Built

  • Built in 2020

Lot Details

  • Stone Wall
  • Sprinkler System
  • Garden

HOA Fees

  • $865 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2770256

Community Details

Overview

  • Association fees include trash pickup, property management, insurance
  • 7 Units

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,660

Year Built

Built in 2020

Lot Details

0

HOA Fees

$865 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2565
  • Sq Ft Est Heated Below Grade: 850
  • Total Sq Ft: 3415
  • Year Built: 2020
  • New Construction: No/Resale
  • Nearby Amenities: Library, Paddle Tennis, Park, Playground/Tot Lot, Public Pool, Public Rec Facilities, Public Transportation, Tennis Courts
  • Association Amenities: Guest Parking
  • Remarks Public Addendum: Optional Elevator.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Condo Model Name: Residence 5
  • Directions: Merritt Exit #37 North on South Ave 2 miles Right on Cherry Street Left on Locust to 42 Forest
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2440
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Heated, Cooled, Garage Access, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Gas Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 42

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Sidewalk, Stone Wall, Underground Sprinkler
  • Exterior Siding: Shingle, Brick
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup, Property Management, Insurance
  • Levels In Unit: 4
  • HOA Fees: 865
  • HOA Fee Frequency: Monthly
  • Total Number of Units In Complex: The Residences at 42 Forest

Schools

  • Elementary School: South
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation, Generator, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: 856
  • Parcel #: 2770256

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 7

Tax Info

  • Property Tax: 23660
  • Total Assessed Value: 1249220
  • Mil Rate Total: 18.94

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 7, 2023
Sold by
Barlow Alyssa and Barlow Jared
Bought by
Clark John S and Clark Lisa B
Seller's Agent
Rita Kirby
William Pitt Sotheby's Int'l
Buyer's Agent
Janis Hennessy
William Raveis Real Estate
List Price
$2,400,000
Sold Price
$2,050,000
Premium/Discount to List
-$350,000
-14.58%
Views
606
Current Estimated Value
$2,391,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,875
Avg. Annual Appreciation
8.68%
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
Clark John S $2,050,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $2,050,000 -10.7% $600 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
03/11/2023 03/11/23 Price Changed $2,295,000 -4.4% $672 / Sq Ft
09/01/2022 09/01/22 For Sale $2,400,000 +6.2% $703 / Sq Ft
10/29/2021 10/29/21 Sold $2,260,000 -1.5% $662 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $2,295,000 -- $672 / 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 $25,279 $1,514,590 $0 $1,514,590
2024 $24,445 $1,514,590 $0 $1,514,590
2023 $23,660 $1,249,220 $0 $1,249,220
2022 $22,948 $1,249,220 $0 $1,249,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170520138

SmartMLS

APN: NCAN M:000T B:211 L:833 U:5