$6,100,000
SOLD MAR 13, 2018

507 Smith Ridge Rd New Canaan, CT 06840

6 Beds
10 Baths
9,889 Sq Ft
5.09 Acres

Recently Sold

$617 Per Sq Ft

83,519% Above List Price

210 Days on Market

Highlights

  • Barn
  • Tennis Courts
  • Golf Course View
  • East Elementary School Rated A+
  • Pool House
  • 5.09 Acre Lot

About This Home

As of June 2021

Visit this 1903 Landmark. It will take your breath away.  Perfectly sited, with majestic views, this shingle-style home is naturally elegant and grand-in-style. It sits proudly on over 5-acres of graceful, rolling land featuring a carriage barn, pool and tennis court.  What sets this property apart from others on the market today is the panache of visionary designer and decorator Michael Canoro of The Maiden Lane Group. Michael and his team have instilled this classic house with chic design, spirited elegance, and flair. It's simply Beautiful! Presented for sale both furnished and unfurnished, this house will appeal to the most discriminating buyer who is looking for an uncompromising home and lifestyle.

Last Agent to Sell the Property

Kathryn Tanner

Houlihan Lawrence License #RES.0672222 Listed on: 07/19/2017

Houlihan Lawrence

Co-Listed By

Taylor Tait

Houlihan Lawrence License #RES.0803070

Last Buyer's Agent

Arlene Bubbico

Coldwell Banker Realty License #RES.0763486

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,194

Year Built

  • Built in 1903

Lot Details

  • 5.09 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned 100

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 4 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Bonus Room
  • Golf Course Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Crawl Space

Pool

  • Pool House
  • Cabana
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Terrace
  • Shed
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Private Company Owned Well
  • Propane Water Heater

Additional Features

  • Property is near a golf course
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,194

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, Colonial
  • Sq Ft Est Heated Above Grade: 9000
  • Public Record Living Room Sq Ft: 5998
  • Sq Ft Est Heated Below Grade: 889
  • Total Sq Ft: 9889
  • Year Built: 1903
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Health Club, Library, Park, Private Rec Facilities, Public Pool, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 13082
  • Directions: North on Rt 123 Smith Ridge Road to #507
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 6
  • Total Bathrooms: 10.00
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Finished, Heated, Walk-up
  • Basement Description: Crawl Space, Heated, Interior Access, Liveable Space, Partially Finished
  • Interior Amenities: Security System
  • Appliances: Cook Top, Oven/Range, Counter Grill, Wall Oven, Microwave, Refrigerator, Freezer, Icemaker, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Mud Room
  • Laundry Room Location: 2nd Floor
  • Attic: Yes
  • Street Number Modifier: 507

Exterior Features

  • Exterior Features: Balcony, Barn, Cabana, French Doors, Gutters, Porch, Shed, Tennis Court, Terrace
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Stone, Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Hydro Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • 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: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 5.0900
  • Lot Description: Cleared, Golf Course Frontage, Golf Course View, Rolling, Fence - Stone
  • Zoning: 100
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 35194
  • Total Assessed Value: 2111200
  • Mil Rate Base: 16.310
  • Mil Rate Total: 16.670
  • 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
$6,048,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$551,946
Avg. Annual Appreciation
-6.63%

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: 99193860

SmartMLS

APN: NCAN-000039-000101-000077