NOT LISTED FOR SALE

481 Silvermine Rd New Canaan, CT 06840

Estimated Value: $3,652,913 - $4,127,000

5 Beds
7 Baths
7,373 Sq Ft
$529/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $2,325,000 $315 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $23,861/month

239 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 2.48 Acre Lot
  • Partially Wooded Lot
  • East Elementary School Rated A+
  • Colonial Architecture
  • Attic

About This Home

As of July 2018

The best of both worlds – three minutes to town AND land with privacy! This well-built and inviting Colonial is sited on over two level acres and is set back from the road via a private lane. It offers five en-suite bedrooms, each with a walk-in closet, in a beautifully appointed ‘just right’ 6,500 square feet of living space. You’ll find everything you need including the chef’s appointed white kitchen, butler’s pantry, cathedral ceilinged Family Room, Library, Office, relaxing Master Suite, 2nd floor Bonus Room, 3-car garage, potential pool site, and a stunning flat backyard. All at a tremendous value!

Last Agent to Sell the Property

Melissa Jones

Houlihan Lawrence License #RES.0756026 Listed on: 09/10/2017

Houlihan Lawrence

Co-Listed By

Lisa Ferrante

Houlihan Lawrence License #RES.0800504

Last Buyer's Agent

Rachel Walsh

Houlihan Lawrence License #RES.0751748

Houlihan Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,400

Year Built

  • Built in 2005

Lot Details

  • 2.48 Acre Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned 200

Home Design

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

Interior Spaces

  • Sound System
  • 5 Fireplaces
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Gas Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Terrace
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Family Room Chandelier

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,400

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 6573
  • Public Record Living Room Sq Ft: 6573
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 7373
  • Year Built: 2005
  • Exclusions: Family Room Chandelier
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 13862
  • Directions: Exit 38 Merritt Parkway, north on Rt 123, Right on Rt 106/Silvermine Rd to #481
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Fireplaces: 5
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Foyer, Laundry Room, Mud Room
  • Laundry Room Location: 2nd Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: French Doors, Gutters, Terrace, Underground Sprinkler
  • Exterior Siding: Clapboard, Stone
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Radiant, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 2.4800
  • Lot Description: Cleared, Level Lot, Lightly Wooded
  • Zoning: 200

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 36400
  • Mil Rate Base: 16.670
  • Assessor Parcel Number: 188023

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
Sep 10, 2017
Closed on
Jul 30, 2018
Sold by
Shepard Melissa and Shepard Daron
Bought by
Crawford Jane and Crawford Charles
Seller's Agent
Melissa Jones
Houlihan Lawrence
Buyer's Agent
Rachel Walsh
Houlihan Lawrence
List Price
$2,375,000
Sold Price
$2,325,000
Premium/Discount to List
-$50,000
-2.11%
Current Estimated Value
$3,962,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,637,758
Avg. Annual Appreciation
7.31%
Original Mortgage
$1,499,900
Outstanding Balance
$1,305,446
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,594,032

Purchase Details

Closed on
Oct 16, 2009
Sold by
Bothwell A Ernest and Bothwell Jean
Bought by
Shepard Daron M and Shepard Melissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crawford Jane $2,325,000 --
Shepard Daron M $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Daron M $1,499,900
Previous Owner Shepard Daron M $1,850,000
Previous Owner Shepard Daron M $500,000
Previous Owner Shepard Daron M $1,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $2,325,000 0.0% $315 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $2,325,000 -2.1% $315 / Sq Ft
09/10/2017 09/10/17 For Sale $2,375,000 -- $322 / 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 $36,937 $2,213,120 $678,300 $1,534,820
2024 $35,720 $2,213,120 $678,300 $1,534,820
2023 $29,720 $1,569,190 $611,870 $957,320
2022 $28,826 $1,569,190 $611,870 $957,320
2021 $28,496 $1,569,190 $611,870 $957,320
2020 $28,496 $1,569,190 $611,870 $957,320
2019 $28,622 $1,569,190 $611,870 $957,320
2018 $36,400 $2,146,200 $601,930 $1,544,270
2017 $35,777 $2,146,200 $601,930 $1,544,270
2016 $35,005 $2,146,200 $601,930 $1,544,270
2015 $35,541 $2,146,200 $601,930 $1,544,270
2014 $33,352 $2,146,200 $601,930 $1,544,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170009850

SmartMLS

APN: NCAN-000044-000109-000231