NOT LISTED FOR SALE

705 Weed St Unit 4 New Canaan, CT 06840

Estimated Value: $1,236,000 - $1,575,703

3 Beds
4 Baths
1,948 Sq Ft
$1,235/mo HOA Fee

Last Sold August 19, 2021

Last sale price $762,000 $391 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,181/month

98 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • 1 Fireplace
  • West Elementary School Rated A+
  • Partially Wooded Lot
  • Patio

About This Home

As of August 2021

Exquisite 1926 stone triplex (3 beds / 2 full / 2 half baths) within Stepping Stones—a granite and limestone castle of historical significance all within walking distance of downtown New Canaan! Set on 3 gorgeous acres, this former estate (now professionally managed) houses a total of 8 units, with Unit #4 offering the charm and craftsmanship of its original build: soaring ceilings, leaded glass windows, and European millwork! The first floor welcomes you into an open concept living room (w/ wood burning fireplace!) and dining room. There is also the convenience of a half bath and kitchen that is perfect for prepping your next dinner party in your very own mansion. Enjoy an alfresco meal on the private stone terrace that is uniquely yours. The second floor offers 2 spacious bedrooms (the master and second) each with its own en suite bath. The second bedroom also has an office. The third floor bedroom/den has access to a half bath and overlooks the beautiful grounds. Spacious private locked storage facility within the building offers additional storage. 5 minutes to town, train and shopping – this is grand and convenient living at its best.

Last Agent to Sell the Property

Hannelore Kaplan

William Raveis Real Estate License #RES.0771569 Listed on: 04/16/2021

William Raveis Real Estate

Last Buyer's Agent

Nino Petruccelli

Howard Hanna Rand Realty License #REB.0789090

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,968

Year Built

  • Built in 1926

Lot Details

  • Partially Wooded Lot
  • Garden

HOA Fees

  • $1,235 Monthly HOA Fees

Home Design

  • Stone Frame
  • Stone Siding
  • Stone

Interior Spaces

  • 1,948 Sq Ft Home
  • 1 Fireplace
  • Basement Storage

Kitchen

  • Oven or Range
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops
  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Ground

Community Details

Overview

  • 8 Units
  • Stepping Stones Community

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,968

Year Built

Built in 1926

Lot Details

0

HOA Fees

$1,235 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 1948
  • Public Record Living Room Sq Ft: 1948
  • Total Sq Ft: 1948
  • Year Built: 1926
  • Nearby Amenities: Commuter Bus, Library, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1948
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Weed Street Between Elm St And Frogtown Rd
  • Special Features: None

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Storage
  • Appliances: Electric Cooktop, Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Disposal
  • Attic: No
  • Street Number Modifier: 705

Exterior Features

  • Exterior Features: Garden Area, Patio
  • Exterior Siding: Stone
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 2

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Stepping Stones
  • Levels In Unit: 3
  • HOA Fees: 1235
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Lot Description: Historic District, Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: 309

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 15968
  • Total Assessed Value: 879270
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 183897

Multi Family

  • Total Num Of Units: 8

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Aug 19, 2021
Sold by
Laing Tatiana
Bought by
Wilken Johan and Henning Heino
Seller's Agent
Hannelore Kaplan
William Raveis Real Estate
Buyer's Agent
Nino Petruccelli
Howard Hanna Rand Realty
List Price
$899,000
Sold Price
$762,000
Premium/Discount to List
-$137,000
-15.24%
Current Estimated Value
$1,390,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,426
Avg. Annual Appreciation
15.91%
Original Mortgage
$609,600
Outstanding Balance
$559,077
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$798,023

Purchase Details

Closed on
Feb 4, 2011
Sold by
Solinger Cheryl L
Bought by
Laing Tatiana

Purchase Details

Closed on
Mar 26, 1992
Sold by
Cilo Charles and Cilo Eleanor
Bought by
Chardack Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.66%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Wilken Johan $762,000 None Available
Laing Tatiana -- --
Chardack Mark $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henning Heino $200,000
Open Wilken Johan $609,600
Previous Owner Chardack Mark $200,000
Previous Owner Chardack Mark $360,000
Previous Owner Chardack Mark $366,000
Previous Owner Chardack Mark $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $762,000 -4.6% $391 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $799,000 -11.1% $410 / Sq Ft
04/16/2021 04/16/21 For Sale $899,000 -- $461 / 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 $15,199 $941,710 $0 $941,710
2023 $16,653 $879,270 $0 $879,270
2022 $16,152 $879,270 $0 $879,270
2021 $15,968 $879,270 $0 $879,270
2020 $15,968 $879,270 $0 $879,270
2019 $16,038 $879,270 $0 $879,270
2018 $11,548 $655,830 $0 $655,830
2017 $11,339 $655,830 $0 $655,830
2016 $11,081 $655,830 $0 $655,830
2015 $10,862 $655,830 $0 $655,830
2014 $10,560 $655,830 $0 $655,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170391696

SmartMLS

APN: NCAN-000032-000016-000924-000004