NOT LISTED FOR SALE

7 Olmstead Ct New Canaan, CT 06840

Estimated Value: $1,559,813 - $1,853,000

4 Beds
2.5 Baths
3,792 Sq Ft
$444/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $1,100,000 $290 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,480/month

22 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 1 Fireplace
  • South Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of December 2013

Expanded and renovated in-town gem on quiet cul-de-sac. Deceivingly large with gourmet kitchen/family room, updated bathrooms and large master bedroom with cathedral ceiling. Walk to town, train, parks and playgrounds on new Main Street sidewalks. Bright, spacious and loaded with charm.

Last Listed By

Michele Murray-Sloan

Houlihan Lawrence License #RES.0782183 Listed on: 09/30/2013

Houlihan Lawrence

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,859

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Property is zoned R Res

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Heated Basement
  • Interior Basement Entry

Parking

  • 1 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: W/D, basement refrigerator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,859

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2532
  • Public Record Living Room Sq Ft: 2572
  • Sq Ft Est Heated Below Grade: 1260
  • Total Sq Ft: 3792
  • Year Built: 1940
  • Exclusions: W/D, basement refrigerator
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4658
  • Directions: Millport Ave to Olmstead Court
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Heated, Interior Access, Liveable Space, Unfinished
  • Interior Amenities: Security System
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Laundry Room Location: 1 Floor
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, French Doors, Patio
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: South
  • Middle School: Saxe Middle
  • High School: New Canaan

Lot Info

  • Acres: 0.3100
  • Lot Description: On Cul-De-Sac
  • Zoning: R Res

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 9859
  • Total Assessed Value: 647640
  • Mil Rate Total: 15.223
  • Assessor Parcel Number: 186739
  • Tax Year Pub Record: 2013

MLS Schools

  • Elementary School: South
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 17, 2013
Sold by
Bierman Richard and Canas Norma
Bought by
Smith Melissa J
Seller's Agent
Michele Murray-Sloan
Houlihan Lawrence
Buyer's Agent
Brett T. Ciarlo
Brown Harris Stevens
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Total Days on Market
22
Current Estimated Value
$1,684,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,203
Avg. Annual Appreciation
2.89%
Original Mortgage
$602,000
Interest Rate
4.14%

Purchase Details

Closed on
Nov 17, 2003
Sold by
David Jerry R and David Sarah E
Bought by
Bierman Richard and Canas Norma

Purchase Details

Closed on
Feb 22, 2002
Sold by
Garrett Gregory and Garrett Elizabeth C
Bought by
David Jerry R and David Sarah E

Purchase Details

Closed on
Oct 24, 1996
Sold by
Frantz Georgene M
Bought by
Garrett J Gregory and Garrett Elizabeth C

Range of Values:

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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
Smith Melissa J $1,100,000 --
Bierman Richard $945,000 --
David Jerry R $775,000 --
Garrett J Gregory $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett J Gregory $563,635
Closed Garrett J Gregory $602,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $1,100,000 -8.3% $290 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $1,199,000 -- $316 / 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 $12,635 $782,810 $515,970 $266,840
2023 $11,611 $613,060 $459,900 $153,160
2022 $11,262 $613,060 $459,900 $153,160
2021 $11,133 $613,060 $459,900 $153,160
2020 $11,133 $613,060 $459,900 $153,160
2019 $11,182 $613,060 $459,900 $153,160
2018 $12,307 $698,950 $425,810 $273,140
2017 $12,084 $698,950 $425,810 $273,140
2016 $11,809 $698,950 $425,810 $273,140
2015 $11,978 $698,950 $425,810 $273,140
2014 $11,254 $698,950 $425,810 $273,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99042666

SmartMLS

APN: NCAN-000000-N000081-000633