NOT LISTED FOR SALE

493 Valley Rd New Canaan, CT 06840

Estimated Value: $1,585,000 - $2,031,000

4 Beds
3.5 Baths
3,386 Sq Ft
$526/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $1,200,000 $354 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,739/month

133 Days on Market

Highlights

  • River Front
  • 2.09 Acre Lot
  • Deck
  • East Elementary School Rated A+
  • Colonial Architecture
  • Secluded Lot

About This Home

As of May 2022

Relax and reflect along the serene Silvermine River in this New Canaan gem. Whether perched on the rolling lawn, or gazing out of the wide wall of windows, the river's rhythm sets the tone for this 3400sf colonial. The open plan living room is highlighted by a wood burning fireplace and built-in cabinetry as well as a large picture window to bring the outside in. The family room features its own fireplace and spans the width of the home with a wet bar and french doors that open to the large backyard. Three upstairs bedrooms are complemented by a fourth private suite for guests or family. A rare opportunity to refresh and make this your own, all while surrounded by nature and the ever-inspiring river, just 6 minutes from New Canaan's coveted village.

Last Agent to Sell the Property

Kathryn Tanner

Houlihan Lawrence License #RES.0672222 Listed on: 09/29/2021

Houlihan Lawrence

Co-Listed By

Richard Tanner

Houlihan Lawrence License #RES.0811324

Last Buyer's Agent

Sherri Kielland

Houlihan Lawrence License #RES.0361515

Houlihan Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,105

Year Built

  • Built in 1947

Lot Details

  • 2.09 Acre Lot
  • River Front
  • Secluded Lot
  • Sloped Lot
  • Property is zoned 2AC

Home Design

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

Interior Spaces

  • 3,386 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • French Doors
  • Workshop
  • Concrete Flooring
  • Water Views
  • Partially Finished Basement
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Wetlands on Lot
  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,105

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3386
  • Public Record Living Room Sq Ft: 3386
  • Total Sq Ft: 3386
  • Year Built: 1947
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6172
  • Directions: North on Rt. 106, North on Valley Road, 493 on right side after Ferris Hill Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial, Partially Finished, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Mud Room, Workshop
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 493

Exterior Features

  • Exterior Features: Deck, French Doors
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • 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
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.0900
  • Lot Description: Some Wetlands, Secluded, Water View, Sloping Lot
  • Flood Zone: No
  • Zoning: 2AC

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 13105
  • Total Assessed Value: 721630
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 188240

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 29, 2021
Closed on
May 11, 2022
Sold by
Elliott Bentley and Elliott Troy
Bought by
Holland Michael F and Alarcon Lauren
Seller's Agent
Kathryn Tanner
Houlihan Lawrence
Buyer's Agent
Sherri Kielland
Houlihan Lawrence
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%
Current Estimated Value
$1,701,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,286
Avg. Annual Appreciation
12.97%
Original Mortgage
$1,020,000
Outstanding Balance
$971,911
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$809,449

Purchase Details

Closed on
Jun 18, 1998
Sold by
Brackenridge Gavin and Brackenridge Kathryn
Bought by
Elliott Bentley and Elliott Troy

Purchase Details

Closed on
Jun 15, 1989
Sold by
Hughes Barbara
Bought by
Brackenridge Gavin
Source: Public Records

Range of Values:

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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
Holland Michael F $1,200,000 None Available
Elliott Bentley $675,000 --
Brackenridge Gavin $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Michael F $125,000
Open Holland Michael F $1,020,000
Previous Owner Hughes Robt $1,053,870
Previous Owner Hughes Robt $955,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $1,200,000 -3.9% $354 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $1,249,000 +4.1% $369 / Sq Ft
12/22/2021 12/22/21 Off Market $1,200,000 -- --
09/29/2021 09/29/21 For Sale $1,249,000 -- $369 / 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 $16,130 $966,420 $588,000 $378,420
2024 $15,598 $966,420 $588,000 $378,420
2023 $13,668 $721,630 $526,050 $195,580
2022 $13,256 $721,630 $526,050 $195,580
2021 $10,630 $721,630 $526,050 $195,580
2020 $13,105 $721,630 $526,050 $195,580
2019 $10,677 $721,630 $526,050 $195,580
2018 $15,139 $892,640 $556,640 $336,000
2017 $14,880 $892,640 $556,640 $336,000
2016 $14,559 $892,640 $556,640 $336,000
2015 $14,273 $892,640 $556,640 $336,000
2014 $13,872 $892,640 $556,640 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170441503

SmartMLS

APN: NCAN-000045-000117-T000013