NOT LISTED FOR SALE

85 Locust Ave Unit 512 New Canaan, CT 06840

Estimated Value: $422,629 - $519,000

1 Bed
1 Bath
1,033 Sq Ft
$250/mo HOA Fee

Last Sold January 06, 2020

Last sale price $355,000 $344 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,068/month

66 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Partially Wooded Lot
  • South Elementary School Rated A+
  • Ranch Style House
  • Home Security System

About This Home

As of January 2020

Brand New and completely reimagined for todays modern living. Top of the line finishes throughout: oak flooring, custom kitchen cabinets, quartz countertops, high end appliances, new doors/hardware, master bath, HVAC and freshly painted - no expense spared. Nicely situated towards back of complex for the ultimate in privacy and quiet. Walk to town, train, parks and just minutes to the parkway ~ a commuters delight! Designated parking spot (#47) right out front plus plenty of guest parking.

Last Agent to Sell the Property

Jane Armstrong

Brown Harris Stevens License #RES.0797272 Listed on: 09/06/2019

Brown Harris Stevens

Last Buyer's Agent

Toni-Ann Vittoria

William Raveis Real Estate License #RES.0760234

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1995

Lot Details

  • Partially Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Open Floorplan
  • Concrete Flooring
  • Home Security System

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Basement Storage

Parking

  • Parking Deck
  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting

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, property management, road maintenance, insurance
  • 50 Units
  • Village At New Canaan Community
  • Property managed by The Property Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,041

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 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
  • Sq Ft Est Heated Below Grade: 290
  • Total Sq Ft: 1033
  • Year Built: 1995
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Health Club, Library, Medical Facilities, Paddle Tennis, Park, Private School(s), Public Pool, Public Rec Facilities
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: $500 Annually
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1033
  • Directions: Rte. 123 or Main Street to Locust Avenue. Back entrance from Summer Street to New Lane to complex.
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Partial With Walk-Out, Unfinished, Concrete Floor, Storage
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Electric Cooktop, Electric Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Main Level
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • 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, Property Management, Road Maintenance, Insurance
  • Complex Name: Village at New Canaan
  • Levels In Unit: 1
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: JMoccia@ThePropertyGroup.Net
  • Property Manager Name: Jackie Moccia
  • Property Manager Phone: 203-893-4645
  • Property Mgt Company Name: The Property Group
  • Property Mgt Phone: 203-967-8337

Schools

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

Lot Info

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

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4041
  • Total Assessed Value: 221550
  • Mil Rate Base: 18.240
  • Mil Rate Total: 18.240
  • Assessor Parcel Number: 186346

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

Closed on
Jan 2, 2019
Sold by
Charles Loki Llc
Bought by
Krasnauskas Lynne
Current Estimated Value
$469,907

Purchase Details

Closed on
Nov 9, 2007
Sold by
Brown Todd W and Bonazzo Lisa Rose
Bought by
French Carol

Purchase Details

Closed on
Dec 5, 2000
Sold by
Palmeri Paul E
Bought by
Bonazzo Lisa Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.76%

Purchase Details

Closed on
Aug 21, 1995
Sold by
Village At New Canaan
Bought by
Palmieri Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,900
Interest Rate
5.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krasnauskas Lynne $355,000 None Available
French Carol $395,000 --
Bonazzo Lisa Rose $195,000 --
Palmieri Paul E $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmieri Paul E $166,000
Previous Owner Palmieri Paul E $156,000
Previous Owner Palmieri Paul E $131,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $355,000 -5.3% $344 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $375,000 -5.1% $363 / Sq Ft
09/06/2019 09/06/19 For Sale $395,000 -- $382 / 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 $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 $3,224 $188,160 $0 $188,160
2014 $3,030 $188,160 $0 $188,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170228416

SmartMLS

APN: NCAN-000000-T000071-000724-000512