NOT LISTED FOR SALE

85 Bank St Unit 85 New Canaan, CT 06840

Estimated Value: $1,226,000 - $1,668,469

2 Beds
2.5 Baths
3,159 Sq Ft
$643/mo HOA Fee

Last Sold June 17, 2020

Last sale price $855,000 $271 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,408/month

377 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • End Unit
  • South Elementary School Rated A+
  • 1 Fireplace
  • 4-minute walk to Mead Memorial Park

About This Home

As of June 2020

On site or personal Facetime tours available upon request. First floor luxury living in the heart of New Canaan! Turn key in-town condo at the coveted Leefair complex includes spacious 1st floor master bedroom suite and recently renovated eat-in chef’s kitchen. In addition, the main floor living space has an ensuite second bedroom, an extra half bath, large living room with fireplace and built-ins, office/den, formal dining area and convenient washer/dryer closet. An expansive downstairs finished walkout bonus room (Not included in the town's sq footage calculation) and can be inexpensively reconfigured to accommodate an additional bedroom and bath with room to spare. Don’t forget the very private and easily accessible outdoor terrace and two car attached garage. Only 1/2 mile to New Canaan town center and all it has to offer. A true gem that’s not to be missed!

Last Agent to Sell the Property

Robert Marchesi

Compass Connecticut, LLC License #RES.0796106 Listed on: 05/22/2019

Compass Connecticut, LLC

Co-Listed By

Maggie Marchesi

Compass Connecticut, LLC License #RES.0764035

Last Buyer's Agent

Marion Filley

Compass Connecticut, LLC License #RES.0224030

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,426

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • Many Trees

HOA Fees

  • $643 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding
  • Masonry Siding

Interior Spaces

  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Terrace

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 43 Units
  • Leefair Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,426

Year Built

Built in 1977

Lot Details

0

HOA Fees

$643 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2082
  • Public Record Living Room Sq Ft: 2082
  • Sq Ft Est Heated Below Grade: 1077
  • Total Sq Ft: 3159
  • Year Built: 1977
  • Nearby Amenities: Library, Park, Private Rec Facilities, Private School(s), Public Pool
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4112
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Leefair West Entrance is Closest to Park Street. Enter Leefair West, unit is first on left.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Partially Finished, Walk-out, Storage, Sump Pump
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 85

Exterior Features

  • Exterior Features: Terrace
  • Exterior Siding: Aluminum, Brick
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Heat Pump, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Leefair
  • Levels In Unit: 2
  • HOA Fees: 643
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Lot Info

  • Lot Description: Corner Lot, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: 600

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 15426
  • Total Assessed Value: 845740
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 185510

Multi Family

  • Total Num Of Units: 43

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

Closed on
Apr 8, 2024
Sold by
Ann G Hanes Flinn Ret 9 1 and Flinn
Bought by
Ryan Allison H and Hanes Jonathan Y
Total Days on Market
377
Current Estimated Value
$1,526,867

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 15, 2020
Sold by
Qprt Jeanna Crotty
Bought by
Ann Hanes Flinn Ret
Seller's Agent
Robert Marchesi
Compass Connecticut, LLC
Buyer's Agent
Marion Filley
Compass Connecticut, LLC
List Price
$999,900
Sold Price
$855,000
Premium/Discount to List
-$144,900
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Patricia Lauber Frost and Graham Russell F
Bought by
Foote Mary C

Purchase Details

Closed on
Dec 19, 2006
Sold by
Overlock Willard J and Frost Patricia L
Bought by
Lauber-Forst Patricia

Purchase Details

Closed on
May 5, 1999
Sold by
Meagher Patricia M
Bought by
Frost Russell and Lauber-Frost Patricia
Source: Public Records

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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
Ryan Allison H -- None Available
Ryan Allison H -- None Available
Ann Hanes Flinn Ret -- None Available
Ann Hanes Flinn Ret -- None Available
Foote Mary C $750,000 --
Foote Mary C $750,000 --
Lauber-Forst Patricia $475,000 --
Lauber-Forst Patricia $475,000 --
Frost Russell $750,000 --
Frost Russell $750,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $855,000 -4.9% $271 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
01/22/2020 01/22/20 Price Changed $899,000 -4.3% $285 / Sq Ft
11/18/2019 11/18/19 Price Changed $939,000 -6.1% $297 / Sq Ft
07/24/2019 07/24/19 For Sale $999,900 +16.9% $317 / Sq Ft
07/11/2019 07/11/19 Off Market $855,000 -- --
05/22/2019 05/22/19 For Sale $999,900 -- $317 / 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 $14,718 $911,890 $0 $911,890
2023 $13,338 $704,200 $0 $704,200
2022 $12,859 $700,000 $0 $700,000
2021 $12,712 $700,000 $0 $700,000
2020 $12,712 $700,000 $0 $700,000
2019 $15,426 $845,740 $0 $845,740
2018 $14,024 $796,460 $0 $796,460
2017 $13,770 $796,460 $0 $796,460
2016 $13,457 $796,460 $0 $796,460
2015 $13,649 $796,460 $0 $796,460
2014 $12,824 $796,460 $0 $796,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170197588

SmartMLS

APN: 000N 0047 0920 00026