NOT LISTED FOR SALE

Estimated Value: $3,161,000 - $3,651,000

5 Beds
5.5 Baths
4,500 Sq Ft
$759/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $1,999,999 $444 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $20,690/month

60 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • King's Highway Elementary School Rated A+
  • 3 Fireplaces
  • Cul-De-Sac

About This Home

As of December 2020

Brand new premier construction in Westport’s Red Coat neighborhood! 7 Merritt Lane will be an approx. 5,600 sqft 5 bedroom home. The home will embrace the transitional modern design aesthetic and the use of gorgeous custom woodwork and big bright windows creates a stunning effect throughout the first floor. Mixed tones in the kitchen tile and wood tones, plus light countertops and custom cabinetry create a one of a kind look. Open to the warm family room with vaulted ceiling, this space is surely the heart of the home. Formal living and dining rooms plus a study complete the first floor with custom details to make them each special. Upstairs, the master suite is truly amazing - big, bright bedroom w fireplace, striking marble bath + the most beautiful closet/dressing room! There are 3 additional family bedrooms on the 2nd floor. The 3rd floor will be finished with flexible space, a fifth bedroom and a full bath. And the lower level will house a huge playroom and full bath. Set on a quiet street, close to town, the newly expanded the Westport YMCA, and of course Compo Beach.

Last Agent to Sell the Property

Judy Michaelis

Coldwell Banker Realty License #REB.0750642 Listed on: 05/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Kim Harizman

Compass Connecticut, LLC License #RES.0795917

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1.17 Acre Lot
  • Cul-De-Sac
  • Property is zoned aaa

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 3 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Patio

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Neighborhood: Red Coat
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4500
  • Public Record Living Room Sq Ft: 1402
  • Total Sq Ft: 4500
  • Year Built: 2020
  • New Construction: Under Construction
  • Nearby Amenities: Library, Park, Public Pool, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 3100
  • Directions: Wilton road to Merritt lane
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished
  • Appliances: Gas Cooktop, Microwave, Refrigerator
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Kings Highway
  • Middle School: Coleytown
  • High School: Staples

Lot Info

  • Acres: 1.1700
  • Lot Description: On Cul-De-Sac
  • Flood Zone: No
  • Zoning: aaa

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 999999999
  • Total Assessed Value: 9999999
  • Mil Rate Total: 16.710
  • Assessor Parcel Number: 418283

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Nov 30, 2020
Sold by
Seven Merritt Lane Llc
Bought by
Dymond Gabriel and Dymond Rachel
Seller's Agent
Judy Michaelis
Coldwell Banker Realty
Buyer's Agent
Kim Harizman
Compass Connecticut, LLC
List Price
$1,899,000
Sold Price
$1,999,999
Premium/Discount to List
$100,999
5.32%
Current Estimated Value
$3,416,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,416,900
Avg. Annual Appreciation
10.78%
Original Mortgage
$1,170,000
Outstanding Balance
$1,048,235
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,210,329

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 20, 2020
Sold by
Merritt Lane Llc
Bought by
Seven Merritt Lane Llc
Seller's Agent
Ken Delvecchio
Berkshire Hathaway NE Prop.
Buyer's Agent
chris cocco
Westport Properties, LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
983.51%
Original Mortgage
$700,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 23, 2020
Sold by
Moriguchi Reiko
Bought by
7 Merritt Lane Llc
Seller's Agent
Ken Delvecchio
Berkshire Hathaway NE Prop.
Buyer's Agent
chris cocco
Westport Properties, LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 28, 2020
Sold by
Tichy Stephen J
Bought by
Moriguchi Reiko
Seller's Agent
Ken Delvecchio
Berkshire Hathaway NE Prop.
Buyer's Agent
chris cocco
Westport Properties, LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 27, 2020
Sold by
Brzezinski Barbara A Est
Bought by
Moriguchi Reiko
Seller's Agent
Ken Delvecchio
Berkshire Hathaway NE Prop.
Buyer's Agent
chris cocco
Westport Properties, LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

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
Dymond Gabriel $1,999,999 None Available
Dymond Gabriel $1,999,999 None Available
Seven Merritt Lane Llc -- None Available
Seven Merritt Lane Llc -- None Available
7 Merritt Lane Llc -- None Available
7 Merritt Lane Llc -- None Available
Moriguchi Reiko $212,500 None Available
Moriguchi Reiko $212,500 None Available
Moriguchi Reiko -- None Available
Moriguchi Reiko -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dymond Gabriel $245,000
Open Dymond Gabriel $1,170,000
Closed Dymond Gabriel $1,170,000
Previous Owner Seven Merritt Lane Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $1,999,999 +5.3% $444 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $1,899,000 +346.8% $422 / Sq Ft
04/10/2020 04/10/20 Sold $425,000 -19.0% $303 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $525,000 -- $374 / 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 $26,587 $1,409,700 $354,800 $1,054,900
2024 $26,249 $1,409,700 $354,800 $1,054,900
2023 $24,367 $1,327,900 $354,800 $973,100
2022 $23,995 $1,327,900 $354,800 $973,100
2021 $23,995 $1,327,900 $354,800 $973,100
2020 $7,212 $466,800 $373,200 $93,600
2019 $7,870 $466,800 $373,200 $93,600
2018 $7,870 $466,800 $373,200 $93,600
2017 $7,870 $466,800 $373,200 $93,600
2016 $7,870 $466,800 $373,200 $93,600
2015 $7,610 $420,700 $311,600 $109,100
2014 $7,547 $420,700 $311,600 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170299375

SmartMLS

APN: WPOR-000014B-000000-000014