NOT LISTED FOR SALE

79 Locust Ave Unit 221 New Canaan, CT 06840

Estimated Value: $435,000 - $482,000

1 Bed
1 Bath
743 Sq Ft
$260/mo HOA Fee

Last Sold November 02, 2020

Last sale price $325,000 $437 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,991/month

63 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • End Unit
  • South Elementary School Rated A+
  • Attic
  • Thermal Windows

About This Home

As of November 2020

Village of New Canaan! A commuters dream! Step out the door and walk to any of the five star restaurants and shops. An approx. 6 minute walk to the train station. Well maintained spacious upper end unit offers vaulted ceiling living rm & dining rm. Bright kitchen with updated Island space designed for extra seating. White kitchen cabinetry. Refrigerator, dishwasher, washer/dryer under warranty, buyer has option to purchase existing warranty. Appliances approx. put in 2011 through 2014 receipts for all in owners possession. Central Air Condenser replaced. Water heater is 3 years old. $500 annual assessment fee. $300 move-in, move out fee. $235 annual sewer tax fee. Basement storage unit is (290) sq.ft. private space. Plenty of parking in complex. Assigned parking space #9 in front of your door. Well maintained complex with low maintenance fees. Please follow all COVID19 requirements - masks/glove/booties a must!

Last Agent to Sell the Property

Maria Miller

William Raveis Real Estate License #RES.0757577 Listed on: 07/10/2020

William Raveis Real Estate

Last Buyer's Agent

Lisa O'Rourke

William Pitt Sotheby's Int'l License #RES.0766013

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,023

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • Many Trees

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Clap Board Siding
  • Concrete Siding

Interior Spaces

  • 743 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Unfinished Basement
  • Basement Storage
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Parking Deck
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, trash pickup, snow removal, hot water, property management
  • 50 Units
  • Village At New Canaan Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,023

Year Built

Built in 1994

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Townhouse
  • Sq Ft Est Heated Above Grade: 743
  • Public Record Living Room Sq Ft: 743
  • Total Sq Ft: 743
  • Year Built: 1994
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Pool, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: $500 paid annually in May
  • Public Record Gross Sq Ft: 1033
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Unfinished, Concrete Floor, Storage
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Washer/Dryer in Kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 79

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Swimming Pool: No
  • Construction Description: Frame, Brick, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Parking Lot

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 235

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Hot Water, Property Management
  • Complex Name: Village At New Canaan
  • Levels In Unit: 1
  • HOA Fees: 260
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

  • Elementary School: South
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: Level Lot, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 730

Rental Info

  • Pets Allowed Info: No pets allowed
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4023
  • Total Assessed Value: 221550
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 186322

Multi Family

  • Total Num Of Units: 50

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
Jul 10, 2020
Closed on
Oct 29, 2020
Sold by
Luciano Vito and Luciano Carlo
Bought by
Serbanescu Marilena
Seller's Agent
Maria Miller
William Raveis Real Estate
Buyer's Agent
Lisa O'Rourke
William Pitt Sotheby's Int'l
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$453,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,278
Avg. Annual Appreciation
6.58%
Original Mortgage
$243,750
Outstanding Balance
$218,267
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$225,193

Purchase Details

Closed on
Sep 15, 2006
Sold by
Franco Carl J
Bought by
Luciano Vito A and Luciano Carlo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Dean Geoffrey B and Dean Krista E
Bought by
Franco Carl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5%

Purchase Details

Closed on
Dec 22, 1994
Sold by
Vlg At New Canaan Llc
Bought by
Dean Krista E and Dean Geoffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
7.75%
Mortgage Type
Unknown
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
Serbanescu Marilena $325,000 None Available
Luciano Vito A $392,500 --
Franco Carl J $285,000 --
Dean Krista E $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serbanescu Marilena $243,750
Previous Owner Dean Krista E $314,000
Previous Owner Dean Krista E $228,000
Previous Owner Dean Krista E $150,000
Previous Owner Dean Krista E $151,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $325,000 -13.3% $437 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $375,000 0.0% $505 / Sq Ft
04/07/2014 04/07/14 Rented $1,850 -7.5% --
04/07/2014 04/07/14 For Rent $2,000 -- --
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 $4,041 $242,130 $0 $242,130
2024 $3,908 $242,130 $0 $242,130
2023 $4,196 $221,550 $0 $221,550
2022 $4,070 $221,550 $0 $221,550
2021 $4,023 $221,550 $0 $221,550
2020 $4,023 $221,550 $0 $221,550
2019 $4,041 $221,550 $0 $221,550
2018 $3,313 $188,160 $0 $188,160
2017 $3,253 $188,160 $0 $188,160
2016 $3,179 $188,160 $0 $188,160
2015 $3,116 $188,160 $0 $188,160
2014 $3,030 $188,160 $0 $188,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170315111

SmartMLS

APN: 69 74