NOT LISTED FOR SALE

516 Weed St New Canaan, CT 06840

Estimated Value: $3,384,000 - $4,159,000

5 Beds
6 Baths
4,356 Sq Ft
$870/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $2,250,000 $517 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $23,018/month

125 Days on Market

Highlights

  • Heated In Ground Pool
  • 2.51 Acre Lot
  • Attic
  • West Elementary School Rated A+
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of June 2015

We are very excited to offer this gracious 5 bedroom home in a very private 2.5 acre setting under a minute to the village & train station.Southern exposure ensures all day sunlight. There is a 1st floor master bedroom suite w/lovely sitting room & his/her bathrooms.The solarium overlooks beautifully landscaped gardens & free form Glen Gate pool & spa. There is a large pool house w/full bath & wet bar, a total of 7 garages & too many other special features to list. Shows beautifully. A must see! See LB re: solarium heat; house wired for generator.

Last Agent to Sell the Property

Benjamin Halsell

Houlihan Lawrence License #RES.0763012 Listed on: 02/24/2015

Houlihan Lawrence

Last Buyer's Agent

Page Growney

William Pitt Sotheby's Int'l License #RES.0773375

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,688

Year Built

  • Built in 1983

Lot Details

  • 2.51 Acre Lot
  • Sprinkler System
  • Property is zoned 2 ACRE

Home Design

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

Interior Spaces

  • 4,356 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Sitting Room
  • Finished Basement
  • Laundry in Basement
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 7 Car Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Heated In Ground Pool
  • Terrace

Schools

  • West Elementary School
  • Saxe Middle School
  • NCHS High School

Utilities

  • Zoned Heating and Cooling System
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,688

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4356
  • Total Sq Ft: 4356
  • Year Built: 1983
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Merritt Exit 36, Lft Rte 106, Lft Weed St To #516.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Unfinished
  • Interior Amenities: Central Vacuum, Security System
  • Appliances: Cook Top, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Additional Rooms: Sitting Room
  • Laundry Room Location: Basement
  • Attic: Yes

Exterior Features

  • Exterior Features: Underground Sprinkler, Terrace
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Heated, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage, Under House Garage
  • Garages Number: 7

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Fuel Tank Location: In Basement
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 2.5100
  • Zoning: 2 ACRE

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 23688
  • Assessor Parcel Number: 183601

MLS Schools

  • Elementary School: West
  • Middle Jr High School: Saxe
  • High School: Nchs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jun 30, 2015
Sold by
Lovejoy Stuart S and Lovejoy Susan G
Bought by
Growney Page P and Growney Jeffrey T
Seller's Agent
Benjamin Halsell
Houlihan Lawrence
Buyer's Agent
Page Growney
William Pitt Sotheby's Int'l
List Price
$2,275,000
Sold Price
$2,250,000
Premium/Discount to List
-$25,000
-1.1%
Current Estimated Value
$3,789,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,539,342
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,100,000
Outstanding Balance
$814,932
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,974,410

Purchase Details

Closed on
Jun 7, 1996
Sold by
Smith William J and Smith Dolores M
Bought by
Discipio Tr Robert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Growney Page P $2,250,000 --
Discipio Tr Robert M $1,390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Discipio Tr Robert M $1,100,000
Previous Owner Discipio Tr Robert M $800,000
Previous Owner Discipio Tr Robert M $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $2,250,000 -1.1% $517 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $2,275,000 -- $522 / 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 $36,797 $2,204,720 $877,800 $1,326,920
2024 $35,584 $2,204,720 $877,800 $1,326,920
2023 $32,735 $1,728,370 $804,020 $924,350
2022 $31,493 $1,714,370 $804,020 $910,350
2021 $31,133 $1,714,370 $804,020 $910,350
2020 $31,133 $1,714,370 $804,020 $910,350
2019 $31,270 $1,714,370 $804,020 $910,350
2018 $28,520 $1,681,610 $744,520 $937,090
2017 $25,410 $1,524,320 $744,520 $779,800
2016 $24,862 $1,524,320 $744,520 $779,800
2015 $25,243 $1,524,320 $744,520 $779,800
2014 $23,688 $1,524,320 $744,520 $779,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99093624

SmartMLS

APN: NCAN-000031-000011-000274