NOT LISTED FOR SALE

507 Silvermine Rd New Canaan, CT 06840

Estimated Value: $3,805,000 - $5,319,324

6 Beds
8 Baths
10,343 Sq Ft
$456/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $2,825,000 $273 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $28,436/month

399 Days on Market

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • Sub-Zero Refrigerator
  • East Elementary School Rated A+
  • Sauna
  • 3.08 Acre Lot

About This Home

As of December 2019

Timeless elegance characterizes this stone & slate estate set on 3 manicured, private acres just 1 mile from town. Surrounded on 3 sides by 40-acres of Land Trust and renovated by Brooks & Falotico, the quality is stunning. Approach through a classic formal hornbeam allee to a crushed-gravel walled courtyard defining the front gardens. A limestone foyer with graceful curving staircase leads to a white marble chef’s kitchen & family room with oversize windows overlooking lush hydrangeas, level lawns, mature plantings & pool. The 3-season porch with fireplace, outdoor grill and expansive bluestone terraces blur the distinction between outside and inside. A luxurious light-filled 1st floor master suite includes personal library, dressing room & generous master bath. 5 additional bedrooms, high ceilings, radiant-heat floors, automatic shades, eco-star roof, 3 car garage and finished lower level make this a forever home.

Last Agent to Sell the Property

John Engel

Douglas Elliman of Connecticut License #REB.0792230 Listed on: 09/26/2018

Douglas Elliman of Connecticut

Co-Listed By

Melissa Engel

Douglas Elliman of Connecticut License #RES.0810623

Last Buyer's Agent

Shawn Gardner

William Raveis Real Estate License #REB.0791848

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,483

Year Built

  • Built in 1991

Lot Details

  • 3.08 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Many Trees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Frame
  • Frame Construction
  • Slate Roof
  • Wood Siding
  • Clap Board Siding
  • Steel Siding
  • Stone Siding
  • Stone

Interior Spaces

  • Open Floorplan
  • Sound System
  • Ceiling Fan
  • 5 Fireplaces
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Wine Cellar
  • Sitting Room
  • Bonus Room
  • Sauna
  • Home Gym
  • Walkup Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

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

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • 60 Gallon+ Oil Water Heater
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,483

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 7152
  • Public Record Living Room Sq Ft: 7152
  • Sq Ft Est Heated Below Grade: 3191
  • Total Sq Ft: 10343
  • Year Built: 1991
  • Nearby Amenities: Golf Course, Library, Park, Private Rec Facilities, Private School(s), Public Pool, Public Transportation, Stables/Riding
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 14930
  • Tax Year Updated Dt: 07/30/2019
  • Directions: Merritt Parkway exit 38, north on RT 123, right onto Silvermine Rd., house is on right. The last house on private lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 6
  • Total Bathrooms: 8.00
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Fireplaces: 5
  • Attic Description: Walk-up
  • Basement Description: Full, Fully Finished, Heated, Cooled, Storage
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Subzero, Dishwasher, Disposal, Washer, Electric Dryer, Wine Chiller
  • Additional Rooms: Bonus Room, Exercise Room, Foyer, Laundry Room, Mud Room, Sauna, Sitting Room, Wine Cellar
  • Laundry Room Location: 1st fl: 7'1" x 5'1", 2nd 16'8" x 8'10"
  • Laundry Room Info: Main Level, Upper Level
  • Attic: Yes
  • Street Number Modifier: 507

Exterior Features

  • Exterior Features: French Doors, Lighting, Patio, Terrace, Underground Sprinkler
  • Exterior Siding: Clapboard, Stone, Wood
  • Foundation Type: Concrete
  • Roof Information: Slate
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Safety Fence, Gunite
  • Construction Description: Frame, Stone, Steel

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Private, Circular, Paved, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: 100 Gallon Tank, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 3.0800
  • Lot Description: Rear Lot, On Cul-De-Sac, Dry, Level Lot, Treed, Professionally Landscaped
  • Flood Zone: No
  • Zoning: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 34483
  • Total Assessed Value: 1890490
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 188016

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
Feb 4, 2021
Sold by
Maier William and Maier Jacqueline
Bought by
Jacqueline Maier T
Current Estimated Value
$4,721,081

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 5, 2019
Sold by
Joyce Margaret and Joyce Timothy
Bought by
Maier William and Maier Jacqueline
Seller's Agent
John Engel
Douglas Elliman of Connecticut
Buyer's Agent
Shawn Gardner
William Raveis Real Estate
List Price
$4,180,000
Sold Price
$2,825,000
Premium/Discount to List
-$1,355,000
-32.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$1,500,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2002
Sold by
Rowley Andrew F and Rowley Andrew B
Bought by
Joyce Timothy M and Joyce Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.9%
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
Jacqueline Maier T -- None Available
Maier William $2,825,000 None Available
Joyce Timothy M $2,675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maier William $1,500,000
Previous Owner Joyce Timothy M $800,000
Previous Owner Joyce Timothy M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $2,825,000 -15.7% $273 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $3,350,000 -3.6% $324 / Sq Ft
06/19/2019 06/19/19 Price Changed $3,475,000 -7.7% $336 / Sq Ft
02/07/2019 02/07/19 Price Changed $3,765,000 -9.9% $364 / Sq Ft
09/26/2018 09/26/18 For Sale $4,180,000 -- $404 / 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 $42,058 $2,519,930 $696,150 $1,823,780
2024 $40,672 $2,519,930 $696,150 $1,823,780
2023 $35,806 $1,890,490 $628,110 $1,262,380
2022 $34,728 $1,890,490 $628,110 $1,262,380
2021 $34,331 $1,890,490 $628,110 $1,262,380
2020 $34,331 $1,890,490 $628,110 $1,262,380
2019 $34,483 $1,890,490 $628,110 $1,262,380
2018 $38,540 $2,272,410 $618,030 $1,654,380
2017 $37,881 $2,272,410 $618,030 $1,654,380
2016 $37,063 $2,272,410 $618,030 $1,654,380
2015 $36,336 $2,272,410 $618,030 $1,654,380
2014 $35,313 $2,272,410 $618,030 $1,654,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170127235

SmartMLS

APN: NCAN-000044-000109-000213