NOT LISTED FOR SALE

48 Salem Rd New Canaan, CT 06840

Estimated Value: $1,788,000 - $2,009,000

4 Beds
3.5 Baths
4,786 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $1,285,000 $268 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,267/month

85 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 2.03 Acre Lot
  • Property is near public transit
  • East Elementary School Rated A+
  • Colonial Architecture
  • Attic

About This Home

As of April 2018

This jewel box just got more precious! Priced below market value. Extensively renovated 4 bedroom gem on a quiet cul-de-sac less than 2 miles from town. Sophisticated interior design by Pimlico and construction by RR Builders. Tasteful open family room with fireplace and elegant finishes. Dreamy master suite and new bathrooms throughout. Private. Walking distance to 50 acres of walking trails. Picture perfect and move-in ready.

Last Listed By

Shawn Gardner

William Raveis Real Estate License #REB.0791848 Listed on: 12/05/2017

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,848

Year Built

  • Built in 1967

Lot Details

  • 2.03 Acre Lot
  • Home fronts a stream
  • Cul-De-Sac
  • Garden
  • Property is zoned 200

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Siding

Interior Spaces

  • Sound System
  • 2 Fireplaces
  • French Doors
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • East Elementary School
  • New Canaan High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: All lighting fixtures and drapes

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,848

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3216
  • Public Record Living Room Sq Ft: 3216
  • Sq Ft Est Heated Below Grade: 1570
  • Total Sq Ft: 4786
  • Year Built: 1967
  • Nearby Amenities: Health Club, Library, Medical Facilities, Paddle Tennis, Park, Playground/Tot Lot, Private School(s), Public Transportation
  • Exclusions: All lighting fixtures and drapes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5384
  • Directions: Merritt Pkyway exit 38 to Carter St.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Gas Cooktop, Wall Oven, Subzero, Icemaker, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: French Doors, Garden Area, Gutters, Lighting, Patio, Shed
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Tandem
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hydro Air
  • 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

Schools

  • Elementary School: East
  • High School: New Canaan

Lot Info

  • Acres: 2.0300
  • Lot Description: On Cul-De-Sac
  • Flood Zone: No
  • Zoning: 200

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 14848
  • Total Assessed Value: 890680
  • Mil Rate Base: 16.670
  • Mil Rate Total: 16.670
  • Assessor Parcel Number: 187874

MLS Schools

  • Elementary School: East
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Apr 19, 2018
Sold by
Place Stephen and Graves Rachel
Bought by
Garrabrant Drew and Garrabrant Elizabeth
Seller's Agent
Shawn Gardner
William Raveis Real Estate
Buyer's Agent
Lauren Spataro
Houlihan Lawrence
List Price
$1,399,000
Sold Price
$1,285,000
Premium/Discount to List
-$114,000
-8.15%
Total Days on Market
85
Current Estimated Value
$1,927,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,788
Avg. Annual Appreciation
6.16%
Original Mortgage
$1,028,000
Outstanding Balance
$903,061
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,062,605

Purchase Details

Closed on
May 8, 2009
Sold by
Diamond Annie S and Diamond Brent G
Bought by
Place Stephen Z and Graves Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,750
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Mcmullan Susan C
Bought by
Diamond Brent G and Diamond Annie S

Purchase Details

Closed on
Apr 8, 1994
Sold by
Tobey John S and Tobey Suzanne V
Bought by
Mcmullan Timothy O and Mcmullan Susan C

Purchase Details

Closed on
Apr 16, 1987
Sold by
Heller Milton
Bought by
Tokey John

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
Garrabrant Drew $285,000 --
Place Stephen Z $1,100,000 --
Diamond Brent G $895,000 --
Mcmullan Timothy O $595,000 --
Tokey John $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrabrant Drew $294,800
Open Tokey John $1,028,000
Previous Owner Tokey John $250,000
Previous Owner Tokey John $708,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $1,285,000 -4.0% $268 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $1,339,000 -4.3% $280 / Sq Ft
12/05/2017 12/05/17 For Sale $1,399,000 -- $292 / 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
2024 $17,712 $1,097,390 $660,450 $436,940
2023 $16,279 $859,530 $599,620 $259,910
2022 $15,790 $859,530 $599,620 $259,910
2021 $15,609 $859,530 $599,620 $259,910
2020 $15,609 $859,530 $599,620 $259,910
2019 $15,678 $859,530 $599,620 $259,910
2018 $15,106 $890,680 $589,820 $300,860
2017 $14,848 $890,680 $589,820 $300,860
2016 $14,527 $890,680 $589,820 $300,860
2015 $12,013 $751,310 $589,820 $161,490
2014 $11,675 $751,310 $589,820 $161,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170035480

SmartMLS

APN: NCAN-000044-000108-000080