55 Ferris Hill Rd New Canaan, CT 06840
Estimated Value: $2,837,000 - $3,124,000
5
Beds
5.5
Baths
5,216
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- 2.16 Acre Lot
- Cape Cod Architecture
- Secluded Lot
- East Elementary School Rated A+
- Deck
- Attic
About This Home
As of September 2021Located on 2+ acres with a potential pool site this graciously appointed 5-bedroom, 5 bath Colonial Cape was skillfully expanded & renovated by the current owners in 2004. By creating a two-story entry foyer and floor plan that provides a great flow for entertaining and everyday living one can easily visualize a fire in each of the 3 fireplaces in the living, dining and large family rooms all interconnected via the expansive deck and terrace easily accessed by a series of French doors. With two first floor studies one with a full bath the option to have as a guest bedroom provides additional flex space in times when you need it most. The second floor has three generously proportioned bedrooms, 2 full baths and separate laundry room. At the lower level there is ample storage, room to finish off an area to your needs and an additional full bath. All located just a few minutes from New Canaan’s downtown and The Tavern at Graybarns and Silvermine Guild.
Last Agent to Sell the Property
Compass Connecticut, LLC License #REB.0794705 Listed on: 05/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,072
Year Built
- Built in 1966
Lot Details
- 2.16 Acre Lot
- Secluded Lot
- Level Lot
- Sprinkler System
- Cleared Lot
- Garden
- Property is zoned 2AC
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Stone Frame
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Concrete Siding
- Shingle Siding
- Cedar Siding
- Stone
Interior Spaces
- 5,216 Sq Ft Home
- 3 Fireplaces
- Thermal Windows
- French Doors
- Entrance Foyer
- Concrete Flooring
- Pull Down Stairs to Attic
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Basement
- Partial Basement
- Interior Basement Entry
- Basement Storage
Parking
- 2 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Circular Driveway
Outdoor Features
- Deck
- Patio
- Terrace
- Rain Gutters
Schools
- East Elementary School
- New Canaan High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Hydro-Air Heating System
- Underground Utilities
- Private Company Owned Well
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Sep 23, 2021
Sold by
Reinman John and Reinman Donna
Bought by
Chronakis Philip and Golden Alissa
Seller's Agent
Holly Hawes
Compass Connecticut, LLC
Buyer's Agent
Kelly Defrancesco
William Raveis Real Estate
List Price
$2,149,000
Sold Price
$1,937,500
Premium/Discount to List
-$211,500
-9.84%
Total Days on Market
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,987
Avg. Annual Appreciation
11.41%
Original Mortgage
$1,500,000
Outstanding Balance
$1,382,615
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,497,935
Purchase Details
Closed on
Jul 29, 2003
Sold by
Brendan J Moriarty Irt and Moriarty Jane E
Bought by
Reinman Donna and Reinman John N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.27%
Purchase Details
Closed on
Feb 4, 1991
Sold by
Gibbons Robert and Gibbons Elaine
Bought by
Frohboese Ernest and Frohboese Carol
Similar Homes in New Canaan, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chronakis Philip | -- | None Available | |
| Chronakis Philip | -- | None Available | |
| Reinman Donna | $1,830,000 | -- | |
| Reinman Donna | $1,830,000 | -- | |
| Frohboese Ernest | $945,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chronakis Philip | $1,500,000 | |
| Closed | Chronakis Philip | $1,500,000 | |
| Previous Owner | Gibbons Robert | $163,000 | |
| Previous Owner | Gibbons Robert | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $1,937,500 | -1.9% | $371 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 07/17/2021 07/17/21 | Price Changed | $1,975,000 | -8.1% | $379 / Sq Ft |
| 05/05/2021 05/05/21 | For Sale | $2,149,000 | -- | $412 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $26,618 | $1,649,200 | $705,600 | $943,600 |
| 2023 | $26,149 | $1,380,610 | $678,580 | $702,030 |
| 2022 | $25,362 | $1,380,610 | $678,580 | $702,030 |
| 2021 | $25,072 | $1,380,610 | $678,580 | $702,030 |
| 2020 | $25,072 | $1,380,610 | $678,580 | $702,030 |
| 2019 | $25,182 | $1,380,610 | $678,580 | $702,030 |
| 2018 | $27,759 | $1,636,740 | $753,830 | $882,910 |
| 2017 | $27,284 | $1,636,740 | $753,830 | $882,910 |
| 2016 | $26,695 | $1,636,740 | $753,830 | $882,910 |
| 2015 | $27,104 | $1,636,740 | $753,830 | $882,910 |
| 2014 | $25,435 | $1,636,740 | $753,830 | $882,910 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Hawes
Seller's Agent in 2021
Holly Hawes
Compass Connecticut, LLC
(203) 858-5538
3 in this area
51 Total Sales
-
David Hawes
Seller Co-Listing Agent in 2021
David Hawes
Compass Connecticut, LLC
(203) 856-4775
2 in this area
43 Total Sales
-
Kelly Defrancesco
Buyer's Agent in 2021
Kelly Defrancesco
William Raveis Real Estate
(203) 667-4074
94 in this area
104 Total Sales
-
April Kaynor
Buyer Co-Listing Agent in 2021
April Kaynor
William Raveis Real Estate
(203) 216-2194
74 in this area
83 Total Sales
Map
Source: SmartMLS
MLS Number: 170396872
APN: NCAN-000039-000108-000082
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