NOT LISTED FOR SALE

503 Brookside Rd New Canaan, CT 06840

Estimated Value: $2,722,000 - $2,886,358

5 Beds
4.5 Baths
4,976 Sq Ft
$561/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $1,350,000 $271 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $16,957/month

257 Days on Market

Highlights

  • In Ground Pool
  • 2.25 Acre Lot
  • Deck
  • South Elementary School Rated A+
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of April 2020

!!!!!SIGNIFICANT PRICE REDUCTION!!!!!
Quintessential New Canaan 5BR 4.5B Colonial- Yet Not Cookie Cutter!
Welcome to one of the most convenient locations in New Canaan! Commuters delight with stations as close as 1.7 miles - close to town while maintaining ultimate privacy. Well proportioned rooms create a wonderful flow with 3 full floors of living space plus a finished lower level. Many recent updates to this lovingly maintained home from newly finished floors, roof, chimney reflashing along with interior painting throughout. Great room with maple coffered ceiling & huge fireplace--wet bar too. The level 2.25 acre fully fenced in property with stone walls & pool complete this not to be missed home in one of the most coveted school districts in CT! https://www.niche.com/k12/new-canaan-school-district-ct/

Last Agent to Sell the Property

Missy Freccia

BHGRE Shore & Country License #RES.0755250 Listed on: 07/10/2019

BHGRE Shore & Country

Last Buyer's Agent

Melissa Rwambuya

William Raveis Real Estate License #RES.0791187

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,288

Year Built

  • Built in 1978

Lot Details

  • 2.25 Acre Lot
  • Stone Wall
  • Level Lot
  • Sprinkler System
  • Property is zoned 200

Home Design

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

Interior Spaces

  • 4,976 Sq Ft Home
  • Sound System
  • 2 Fireplaces
  • French Doors
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Shared Driveway

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Receiver for Sound System Negotiable

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,288

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4976
  • Public Record Living Room Sq Ft: 4976
  • Total Sq Ft: 4976
  • Year Built: 1978
  • Nearby Amenities: Library, Park
  • Remarks Public Addendum: !!!!!SIGNIFICANT PRICE REDUCTION!!!!! Quintessential New Canaan 5BR 4.5B Colonial- Yet Not Cookie Cutter! Welcome to one of the most convenient locations in New Canaan! Commuters delight with stations as close as 1.7 miles - close to town while maintai
  • Exclusions: Receiver for Sound System Negotiable
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8972
  • Tax Year Updated Dt: 07/30/2019
  • Directions: White Oak Shade to Brookside. Pull in driveway- house at end of driveway on the right side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Full
  • Interior Amenities: Audio System, Auto Garage Door Opener, Security System
  • Appliances: Electric Cooktop, Wall Oven, Range Hood, Refrigerator, Freezer, Icemaker, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 503

Exterior Features

  • Exterior Features: Deck, French Doors, Shed, Stone Wall, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Shingle, Clapboard, Wood
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Vinyl
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Paved
  • Garages Number: 2
  • Driveway Type: Shared, Paved

Utilities

  • Cooling System: Attic Fan, Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, 50 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic
  • Estimated Annual Heat Cost: 3800

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 2.2500
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: 200

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 22288
  • Total Assessed Value: 1221920
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 185766

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
Jul 10, 2019
Closed on
Apr 24, 2020
Sold by
Spindel Kenneth and Spindel Patricia
Bought by
Vadde Sree and Kanaparathi Chandana
Seller's Agent
Missy Freccia
BHGRE Shore & Country
Buyer's Agent
Melissa Rwambuya
William Raveis Real Estate
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Current Estimated Value
$2,791,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,090
Avg. Annual Appreciation
13.36%
Original Mortgage
$1,080,000
Outstanding Balance
$962,638
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,698,404

Purchase Details

Closed on
Aug 25, 2003
Sold by
Brandon Robert H and Brandon Larraine A
Bought by
Spindel Kenneth and Spindel Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.52%

Purchase Details

Closed on
Aug 14, 1990
Sold by
Brier Timothy
Bought by
Brandon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
10.04%
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
Vadde Sree $1,350,000 None Available
Spindel Kenneth $1,530,000 --
Brandon Robert $805,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vadde Sree $1,080,000
Previous Owner Brandon Robert $333,700
Previous Owner Brandon Robert $650,000
Previous Owner Brandon Robert $500,000
Previous Owner Brandon Robert $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $1,350,000 -3.2% $271 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $1,395,000 -6.7% $280 / Sq Ft
07/10/2019 07/10/19 For Sale $1,495,000 -- $300 / 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 $26,600 $1,593,760 $791,000 $802,760
2024 $25,723 $1,593,760 $791,000 $802,760
2023 $23,143 $1,221,920 $643,370 $578,550
2022 $22,447 $1,221,920 $643,370 $578,550
2021 $22,190 $1,221,920 $643,370 $578,550
2020 $22,190 $1,221,920 $643,370 $578,550
2019 $22,288 $1,221,920 $643,370 $578,550
2018 $20,878 $1,231,020 $560,700 $670,320
2017 $20,521 $1,231,020 $560,700 $670,320
2016 $20,078 $1,231,020 $560,700 $670,320
2015 $20,386 $1,231,020 $560,700 $670,320
2014 $19,130 $1,231,020 $560,700 $670,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170214880

SmartMLS

APN: NCAN-000036-000053-000061