$2,850,000
SOLD JUL 27, 2016

507 Smith Ridge Rd New Canaan, CT 06840

5 Beds
6 Baths
5,998 Sq Ft
5.09 Acres

Recently Sold

$475 Per Sq Ft

11% Below List Price

31 Days on Market

Highlights

  • Health Club
  • Golf Course Community
  • Golf Course View
  • East Elementary School Rated A+
  • Medical Services
  • 5.09 Acre Lot

About This Home

As of June 2021

ICONIC NEW CANAAN LANDMARK PROPERTY overlooking the golf course of the Country Club of New Canaan, this classic 1903 shingle-style home has beautiful terraces, gardens, mature trees, plantings and unrestricted vistas of the level and open 5-acre property. Large windows allow maximum light and gorgeous sunsets. Living room, dining room and den are accessed from the gracious entry hall with fireplace creating a wonderful flow for entertaining family and friends. Oversized great room with fireplace, kitchen with fireplace and extensive original millwork add to the warmth and charm recalling the ambience of a bygone era. Tennis court and original two-story barn/stable/garage. Just minutes from town.

Last Agent to Sell the Property

Harriet Plavoukos

Houlihan Lawrence License #RES.0545060 Listed on: 04/26/2016

Houlihan Lawrence

Last Buyer's Agent

Kathryn Tanner

Houlihan Lawrence License #RES.0672222

Houlihan Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,434

Year Built

  • Built in 1903

Lot Details

  • 5.09 Acre Lot
  • Property is zoned 4 acre

Parking

  • 2 Car Attached Garage

Home Design

  • Antique Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Shake Roof
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 5,998 Sq Ft Home
  • Ceiling Fan
  • 5 Fireplaces
  • French Doors
  • Entrance Foyer
  • Golf Course Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Basement

  • Heated Basement
  • Interior Basement Entry
  • Basement Storage

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Radiator
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,434

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique
  • Sq Ft Est Heated Above Grade: 5998
  • Public Record Living Room Sq Ft: 5998
  • Total Sq Ft: 5998
  • Year Built: 1903
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Pool, Tennis Courts
  • Association Amenities: Golf Course, Health Club, Medical Facilities, Park, Playground/Tot Lot, Pool, Tennis Courts
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 13082
  • Directions: North on Smith Ridge (Route 123) to #507
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 5
  • Attic Description: Floored, Walk-up
  • Basement Description: Heated, Interior Access, Storage
  • Interior Amenities: Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Foyer
  • Laundry Room Location: main
  • Attic: Yes
  • Street Number Modifier: 507

Exterior Features

  • Exterior Features: French Doors, Gutters, Lighting
  • Exterior Siding: Shake, Wood
  • Foundation Type: Stone, Concrete
  • Roof Information: Shake, Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air, Radiator
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 5.0900
  • Lot Description: Golf Course View
  • Zoning: 4 acre

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 34434
  • Total Assessed Value: 2111200
  • Mil Rate Base: 16.310
  • Mil Rate Total: 16.310
  • 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%
Current Estimated Value
$6,325,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274,384
Avg. Annual Appreciation
-2.04%

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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $6,100,000 --
Warranty Deed $2,850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,280,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 No Value Available
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
2025 $82,063 $4,916,870 $1,303,890 $3,612,980
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

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Map

Source: SmartMLS

MLS Number: 99141568

SmartMLS

APN: NCAN-000039-000101-000077