$995,000
SOLD JUN 28, 2021 RENTED MAR 18, 2025

50 Vitti St New Canaan, CT 06840

7 Beds
4 Baths
4,006 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

5% Above List Price

20 Days on Market

Highlights

  • City View
  • Deck
  • Attic
  • East Elementary School Rated A+
  • Property is near public transit
  • No HOA

About This Home

As of June 2021

Rare and unique investment opportunity for rental income in downtown New Canaan. 2 side by side units steps from restaurants, shops, and quick walk to train. Located in a quiet neighborhood, bordering residential as well as mixed use, this is the perfect opportunity for developer, investor or landlord owner to either rent both apts or live in 1 unit and rent other. Vertically split, one is a 3 bedroom, 1 1/2 bath. The other is a 4 bedroom, 1 1/2 bath w/attached garage. Left unit has a patio and right unit has its own full deck and beautiful green outside space in rear yard. Wonderful, sunny and private back yards. Each unit has it's own separate utilities, ex: electric and water. Both have full basements with laundry and both are currently leased. Many possibilities, opportunity abounds

Last Agent to Sell the Property

Denise Gannalo

William Raveis Real Estate License #REB.0248733 Listed on: 05/25/2021

William Raveis Real Estate

Last Buyer's Agent

Jason Milligan

Milligan Realty.com License #REB.0756605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,973

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • City Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,973

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2888
  • Public Record Living Room Sq Ft: 2888
  • Sq Ft Est Heated Below Grade: 1118
  • Total Sq Ft: 4006
  • Year Built: 1960
  • Nearby Amenities: Health Club, Library, Paddle Tennis, Park, Playground/Tot Lot, Public Pool, Public Transportation, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5038
  • Directions: Cherry St to Vitti St
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Deck, Garden Area, Patio
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: City Views, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 600

Multi Family

  • Unit Count: 2
  • Total Multi Family: 15
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9973
  • Total Assessed Value: 549150
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 186367

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

Closed on
Dec 20, 2012
Sold by
50-52 Vitti Street Llc
Bought by
Thune Miriam and Johnson Brirr
Current Estimated Value
$1,397,574

Purchase Details

Listed on
Apr 4, 2012
Closed on
Oct 12, 2012
Sold by
Thune Arne
Bought by
50-52 Vitti Street Llc
Seller's Agent
Katherine Markiewicz
Coldwell Banker Realty
Buyer's Agent
Melinda Harris
Sisson Realty, Inc.
List Price
$795,900
Sold Price
$700,000
Premium/Discount to List
-$95,900
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Nov 19, 2001
Sold by
Vitti Clementina
Bought by
Vitti Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.7%

Purchase Details

Closed on
Jun 17, 1999
Sold by
Vitti Clementina
Bought by
Vitti Clementina and Vitti Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed $210,000 --
Quit Claim Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 No Value Available
Previous Owner $350,000 No Value Available
Previous Owner $260,000 No Value Available
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Rented $5,000 +25.2% --
03/18/2025 03/18/25 Under Contract -- -- --
02/20/2025 02/20/25 For Rent $3,995 +15.0% --
01/10/2022 01/10/22 Rented $3,475 -3.3% --
01/10/2022 01/10/22 Under Contract -- -- --
12/15/2021 12/15/21 Price Changed $3,595 -5.3% $1 / Sq Ft
10/05/2021 10/05/21 Price Changed $3,795 -3.9% $2 / Sq Ft
09/22/2021 09/22/21 For Rent $3,950 0.0% --
06/28/2021 06/28/21 Sold $995,000 +4.7% $248 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $950,000 +35.7% $237 / Sq Ft
10/03/2012 10/03/12 Sold $700,000 -12.0% $242 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $795,900 -- $276 / 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 $13,317 $797,930 $464,800 $333,130
2024 $12,879 $797,930 $464,800 $333,130
2023 $10,401 $549,150 $416,710 $132,440
2022 $10,088 $549,150 $416,710 $132,440
2021 $9,973 $549,150 $416,710 $132,440
2020 $9,973 $549,150 $416,710 $132,440
2019 $10,016 $549,150 $416,710 $132,440
2018 $9,719 $551,950 $385,840 $166,110
2017 $9,543 $551,950 $385,840 $166,110
2016 $9,326 $551,950 $385,840 $166,110
2015 $9,459 $551,950 $385,840 $166,110
2014 $8,887 $551,950 $385,840 $166,110
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170403705

SmartMLS

APN: NCAN-000000-T000072-000739