NOT LISTED FOR SALE

58 Lantern Ridge Rd New Canaan, CT 06840

New Canaan Neighborhood

Estimated Value: $1,338,000 - $1,579,000

5 Beds
2.5 Baths
3,032 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $1,200,000 $396 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,127/month

30 Days on Market

Highlights

  • Waterfront
  • 2.13 Acre Lot
  • Ranch Style House
  • East Elementary School Rated A+
  • Deck
  • Attic

About This Home

As of July 2021

This Mid-Century classic sited on just over two acres has spectacular water views and vistas of the Milner Reservoir. Located on a quiet cul-de-sac, this home is notable for for its great curb appeal, open floor plan, multiple fireplaces and large-beamed great room with huge windows to capture the beautiful setting at every turn. Featuring five bedrooms and multiple family gathering spaces there is plenty of room to relax and enjoy this special home. The expansive fenced-in back yard is nearly entirely flat, a true rarity for a ridge home in New Canaan with ample space to add a pool. Wildlife abounds with many birds enjoying the old-growth trees and mature landscaping. The location is all about the tranquility and beauty of the countryside within quick reach of the village of New Canaan and it’s Top-Rated Schools. The towns of Wilton with its shopping, and Ridgefield, with all of its cultural activities, are just short drives from Lantern Ridge. Great biking and walking, plenty of hills, reservoirs, and nature. A truly special offering!

Last Listed By

Melissa Rwambuya

William Raveis Real Estate License #RES.0791187 Listed on: 03/17/2021

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,226

Year Built

  • Built in 1957

Lot Details

  • 2.13 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Open Lot
  • Property is zoned 100

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3 Fireplaces
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a golf course

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,226

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1932
  • Public Record Living Room Sq Ft: 1932
  • Sq Ft Est Heated Below Grade: 1100
  • Total Sq Ft: 3032
  • Year Built: 1957
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Paddle Tennis, Park, Private School(s), Public Pool, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Water Ynu: Yes
  • Public Record Gross Sq Ft: 4906
  • Directions: North Wilton Road north to Lantern Ridge, house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 58

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Patio, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • 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

Green Features

  • Energy Features: Generator Ready

Lot Info

  • Acres: 2.1300
  • Lot Description: On Cul-De-Sac, Open Lot, Water View, Level Lot
  • Flood Zone: No
  • Zoning: 100

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10226
  • Total Assessed Value: 563080
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 187651

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
Mar 17, 2021
Closed on
Jul 6, 2021
Sold by
Newlin Philippe and Newlin Erin
Bought by
Knight Gary and Kagan Nancy
Seller's Agent
Melissa Rwambuya
William Raveis Real Estate
Buyer's Agent
Melissa Rwambuya
William Raveis Real Estate
List Price
$1,149,000
Sold Price
$1,200,000
Premium/Discount to List
$51,000
4.44%
Total Days on Market
30
Current Estimated Value
$1,468,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,392
Avg. Annual Appreciation
4.45%
Original Mortgage
$960,000
Outstanding Balance
$887,864
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,630

Purchase Details

Closed on
Aug 20, 2007
Sold by
Wilson James L and Wilson Marjorie R
Bought by
Newlin Philippe A and Newlin Erin L

Range of Values:

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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
Knight Gary $1,200,000 None Available
Newlin Philippe A $967,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Gary $960,000
Previous Owner Newlin Philippe A $200,000
Previous Owner Newlin Philippe A $449,338
Previous Owner Newlin Philippe A $50,000
Previous Owner Newlin Philippe A $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $1,200,000 +4.4% $396 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,149,000 -- $379 / 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 $11,827 $732,760 $530,250 $202,510
2023 $10,665 $563,080 $526,960 $36,120
2022 $10,344 $563,080 $526,960 $36,120
2021 $10,226 $563,080 $526,960 $36,120
2020 $10,226 $563,080 $526,960 $36,120
2019 $10,271 $563,080 $526,960 $36,120
2018 $11,441 $674,590 $536,760 $137,830
2017 $11,245 $674,590 $536,760 $137,830
2016 $11,003 $674,590 $536,760 $137,830
2015 $10,787 $674,590 $536,760 $137,830
2014 $10,483 $674,590 $536,760 $137,830
Source: Public Records

Agents Affiliated with this Home

  • Melissa Rwambuya

    Seller's Agent in 2021

    Melissa Rwambuya

    William Raveis Real Estate

    (917) 670-5053

    75 in this area

    91 Total Sales

    Melissa Rwambuya
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kristen Harrow

    William Raveis Real Estate

    (203) 858-4823

    19 in this area

    22 Total Sales

    Kristen Harrow
    Section Image
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Map

Source: SmartMLS

MLS Number: 170381169

SmartMLS

APN: NCAN-000047-000103-000044

Connecticut Fairfield County New Canaan 06840 New Canaan

58 Lantern Ridge Rd, New Canaan, CT

Homes for Sale in New Canaan, CT

This home is located at 58 Lantern Ridge Rd, New Canaan, CT 06840 since 17 March 2021 and is currently estimated at $1,468,392, approximately $484 per square foot. This property was built in 1957. 58 Lantern 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.

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