7 Mcmahon Ln Westport, CT 06880
Red Coat NeighborhoodEstimated Value: $2,378,000 - $2,678,000
4
Beds
3.5
Baths
5,395
Sq Ft
$460/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Attic
- No HOA
- King's Highway Elementary School Rated A+
- 3 Fireplaces
- Cul-De-Sac
About This Home
As of November 2022Fantastically located on a peaceful cul-de-sac this custom Colonial on over an acre of level professionally landscaped property has gorgeous curb appeal with plenty of room for a pool. Sunlight fills this sparkling home through oversized windows and 9 ft ceilings. The open flow of space is ideal for today's lifestyle. The living room with fireplace and built-ins, dining room with tasteful millwork. Updated kitchen w/center island, Sub Zero, Sub Zero refrigerated drawers, Wolf double oven and warming drawers, pantry & breakfast area leads to the amazing family room w/the second fireplace, built-ins and French doors leading to the expansive deck. Mudroom with custom cubbies. The second level has 4 BRs and 3 full baths, a primary suite, with a dressing room, and a fireplace. All rooms with an abundance of oversized closets. Convenient to schools, train, shopping & beaches. This gem is in move-in-ready condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,375
Year Built
- Built in 1989
Lot Details
- 1.07 Acre Lot
- Cul-De-Sac
- Property is zoned AA
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 3 Fireplaces
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
- Laundry on main level
Kitchen
- Built-In Oven
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Attached Garage
- Private Driveway
Schools
- Kings Highway Elementary School
- Coleytown Middle School
- Staples High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
Additional Features
- Patio
- Property is near a golf course
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Oct 31, 2022
Sold by
Sheppard Bennett M and Sheppard Linda J
Bought by
Liatsos Vassilios and Liatsos Alexia P
Seller's Agent
Judy Michaelis
Coldwell Banker Realty
Buyer's Agent
Georgia Wasserman
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,100,000
Premium/Discount to List
-$400,000
-16%
Total Days on Market
89
Views
85
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
$379,835
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,300,000
Outstanding Balance
$1,266,061
Interest Rate
6.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,213,774
Purchase Details
Closed on
Oct 11, 2005
Sold by
Hoffmann Richard L and Hoffman Deanna E
Bought by
Sheppard Bennett M and Sheppard Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 26, 1990
Sold by
Vineyard Realty Cor
Bought by
Hoffman Richard
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Similar Homes in Westport, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liatsos Vassilios | $2,100,000 | None Available | |
| Liatsos Vassilios | $2,100,000 | None Available | |
| Sheppard Bennett M | $1,697,500 | -- | |
| Sheppard Bennett M | $1,697,500 | -- | |
| Hoffman Richard | $792,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liatsos Vassilios | $250,000 | |
| Open | Liatsos Vassilios | $1,300,000 | |
| Closed | Liatsos Vassilios | $1,300,000 | |
| Previous Owner | Hoffman Richard | $1,000,000 | |
| Previous Owner | Hoffman Richard | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $2,100,000 | -4.5% | $389 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 08/02/2022 08/02/22 | Price Changed | $2,200,000 | -4.3% | $408 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $2,300,000 | -8.0% | $426 / Sq Ft |
| 06/29/2022 06/29/22 | For Sale | $2,500,000 | -- | $463 / 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 | $18,935 | $1,016,900 | $404,100 | $612,800 |
| 2023 | $18,660 | $1,016,900 | $404,100 | $612,800 |
| 2022 | $18,375 | $1,016,900 | $404,100 | $612,800 |
| 2021 | $18,375 | $1,016,900 | $404,100 | $612,800 |
| 2020 | $19,801 | $1,185,000 | $426,000 | $759,000 |
| 2019 | $19,979 | $1,185,000 | $426,000 | $759,000 |
| 2018 | $19,979 | $1,185,000 | $426,000 | $759,000 |
| 2017 | $19,979 | $1,185,000 | $426,000 | $759,000 |
| 2016 | $19,979 | $1,185,000 | $426,000 | $759,000 |
| 2015 | $19,045 | $1,052,800 | $375,600 | $677,200 |
| 2014 | $18,887 | $1,052,800 | $375,600 | $677,200 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Michaelis
Seller's Agent in 2022
Judy Michaelis
Coldwell Banker Realty
(203) 227-8424
4 in this area
97 Total Sales
-
Georgia Wasserman
Buyer's Agent in 2022
Georgia Wasserman
Coldwell Banker Realty
(917) 923-5400
3 in this area
37 Total Sales
Map
Source: SmartMLS
MLS Number: 170503757
APN: WPOR-000015A-000000-000024
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