NOT LISTED FOR SALE

507 Smith Ridge Rd New Canaan, CT 06840

Estimated Value: $4,354,000 - $5,978,825

6 Beds
10 Baths
9,889 Sq Ft
$502/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $6,600,000 $667 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $34,330/month

9 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Sub-Zero Refrigerator
  • East Elementary School Rated A+
  • Pool House
  • 5.09 Acre Lot

About This Home

As of June 2021

Fully renovated and reimagined 1903 landmark, “Beach Tree Farm” embodies modern PERFECTION from top to bottom. With winter views of Long Island Sound and gorgeous year-round views of the Country Club of New Canaan, this classic gambrel style home offers unparalleled grounds with: a rolling 5 acres, bluestone terraces, 2 covered porches, pool and pool pavilion, tennis court, balconies, professionally landscaped gardens (including vegetable and cutting), fountain, vintage carriage house and gracious courtyard. 6 beds / 8 full baths/ 2 half baths, there is room for extensive family gatherings and long weekends of entertaining with friends! The attention to detail is evident in the home’s interior via the custom millwork, exquisite lighting, and designer finishes from chef’s appliances to its high gloss painting, tiled rooms and grass cloth wallpaper. Additional amenities include built-in wine room, media room, gym, mud room, media room and billiards room. Beach Tree Farm is both energy efficient and exquisite in design. Special beyond compare.

Last Agent to Sell the Property

Hannelore Kaplan

William Raveis Real Estate License #RES.0771569 Listed on: 04/05/2021

William Raveis Real Estate

Last Buyer's Agent

Cindy Cash

William Raveis Real Estate License #RES.0796173

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,161

Year Built

  • Built in 1903

Lot Details

  • 5.09 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Fruit Trees
  • Many Trees
  • Garden

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • Open Floorplan
  • 5 Fireplaces
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Private Driveway

Pool

  • Pool House
  • Cabana
  • Outdoor Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Terrace
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater
  • Fuel Tank Located in Ground

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: ASK LA FOR LIST

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,161

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: Smith Ridge
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 9000
  • Public Record Living Room Sq Ft: 7712
  • Sq Ft Est Heated Below Grade: 889
  • Total Sq Ft: 9889
  • Year Built: 1903
  • Nearby Amenities: Basketball Court, Health Club, Library, Paddle Tennis, Park, Private School(s), Public Transportation, Stables/Riding
  • Exclusions: ASK LA FOR LIST
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 9925
  • Directions: Exit 38 head north on Rt 123 to 507 SRR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 6
  • Total Bathrooms: 10.00
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Fireplaces: 5
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Open Floor Plan, Security System
  • Appliances: Gas Range, Wall Oven, Microwave, Range Hood, Refrigerator, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Mud Room, Wine Cellar
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 507

Exterior Features

  • Exterior Features: Balcony, Cabana, French Doors, Fruit Trees, Garden Area, Gutters, Porch-Wrap Around, Tennis Court, Terrace
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Masonry
  • Roof Information: Wood Shingle
  • Swimming Pool: Yes
  • Pool: Pool House
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • 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

Lot Info

  • Acres: 5.0900
  • Lot Description: Open Lot, Cleared, Level Lot, Treed, Fence - Partial, Professionally Landscaped
  • Zoning: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 77161
  • Total Assessed Value: 4248930
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 187533

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
Apr 5, 2021
Closed on
Jun 7, 2021
Sold by
507 Smith Ridge Road Llc
Bought by
Thalion Llc
Seller's Agent
Hannelore Kaplan
William Raveis Real Estate
Buyer's Agent
Cindy Cash
William Raveis Real Estate
List Price
$6,900,000
Sold Price
$6,600,000
Premium/Discount to List
-$300,000
-4.35%
Total Days on Market
9
Current Estimated Value
$4,961,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,638,725
Avg. Annual Appreciation
-6.85%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Mar 14, 2018
Sold by
Maiden Lane Group Llc
Bought by
507 Smith Ridge Road L
Seller's Agent
Kathryn Tanner
Houlihan Lawrence
Buyer's Agent
Arlene Bubbico
Coldwell Banker Realty
List Price
$7,295
Sold Price
$6,100,000
Premium/Discount to List
$6,092,705
83518.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 28, 2016
Sold by
Gamble Stephen H and Gamble Grace D
Bought by
Maiden Lane Group Llc
Seller's Agent
Harriet Plavoukos
Houlihan Lawrence
Buyer's Agent
Kathryn Tanner
Houlihan Lawrence
List Price
$3,195,000
Sold Price
$2,850,000
Premium/Discount to List
-$345,000
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.50%
Original Mortgage
$2,280,000
Interest Rate
2.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Thalion Llc -- None Available
507 Smith Ridge Road L $6,100,000 --
Maiden Lane Group Llc $2,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamble Grace D $2,280,000
Previous Owner Gamble Grace D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $6,600,000 -4.3% $667 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $6,900,000 +13.1% $698 / Sq Ft
03/13/2018 03/13/18 Sold $6,100,000 -12.2% $617 / Sq Ft
10/18/2017 10/18/17 Price Changed $6,950,000 +95170.7% $703 / Sq Ft
07/19/2017 07/19/17 For Sale $7,295 -99.7% $1 / Sq Ft
07/27/2016 07/27/16 Sold $2,850,000 -10.8% $475 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $3,195,000 -- $533 / 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
2024 $79,358 $4,916,870 $1,303,890 $3,612,980
2023 $80,613 $4,256,210 $1,308,370 $2,947,840
2022 $78,053 $4,248,930 $1,308,370 $2,940,560
2021 $77,161 $4,248,930 $1,308,370 $2,940,560
2020 $77,161 $4,248,930 $1,308,370 $2,940,560
2019 $77,500 $4,248,930 $1,308,370 $2,940,560
2018 $68,372 $4,031,370 $950,040 $3,081,330
2017 $35,194 $2,111,200 $950,040 $1,161,160
2016 $34,434 $2,111,200 $950,040 $1,161,160
2015 $33,758 $2,111,200 $950,040 $1,161,160
2014 $32,808 $2,111,200 $950,040 $1,161,160
Source: Public Records

Agents Affiliated with this Home

  • Hannelore Kaplan

    Seller's Agent in 2021

    Hannelore Kaplan

    William Raveis Real Estate

    (914) 450-3880

    151 in this area

    190 Total Sales

    Hannelore Kaplan
    Section Image
  • Cindy Cash

    Buyer's Agent in 2021

    Cindy Cash

    William Raveis Real Estate

    (203) 505-0304

    14 in this area

    22 Total Sales

    Cindy Cash
    Section Image
  • Kathryn Tanner

    Seller's Agent in 2018

    Kathryn Tanner

    Houlihan Lawrence

    (203) 856-6265

    34 in this area

    39 Total Sales

    Kathryn Tanner
    Section Image
  • Taylor Tait

    Seller Co-Listing Agent in 2018

    Taylor Tait

    Houlihan Lawrence

    (203) 644-0026

    36 in this area

    66 Total Sales

    Taylor Tait
    Section Image
  • Arlene Bubbico

    Buyer's Agent in 2018

    Arlene Bubbico

    Coldwell Banker Realty

    (203) 984-2327

    8 in this area

    49 Total Sales

    Arlene Bubbico
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170386819

SmartMLS

APN: NCAN-000039-000101-000077

Connecticut Fairfield County New Canaan 06840

507 Smith Ridge Rd, New Canaan, CT

This home is located at 507 Smith Ridge Rd, New Canaan, CT 06840 since 05 April 2021 and is currently estimated at $4,961,275, approximately $501 per square foot. This property was built in 1903. 507 Smith Ridge Rd is a home located in Fairfield County with nearby schools including East Elementary School, Saxe Middle School, and New Canaan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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