NOT LISTED FOR SALE

85 Locust Ave Unit 516 New Canaan, CT 06840

Estimated Value: $418,343 - $480,000

1 Bed
1 Bath
943 Sq Ft
1995 Built

Last Sold December 20, 2017

Last sale price $325,000 $345 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,742/month

3 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cul-De-Sac
  • South Elementary School Rated A+
  • Ranch Style House
  • Central Air

About This Home

As of December 2017

Lovely open and bright condo updated with hardwood floors, new appliances, hot water heater, granite counter tops, new bathroom vanity, floor and shower.
Owner pays $600 a year for a rainy day fund for parking lot, painting, roof, decks, etc.

Last Agent to Sell the Property

Karen Ceraso

William Raveis Real Estate License #REB.0754235 Listed on: 11/06/2017

William Raveis Real Estate

Last Buyer's Agent

Samuel Ham

Real Broker CT, LLC License #REB.0791351

Real Broker CT, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1995

Home Design

  • Ranch Style House
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • Open Floorplan
  • Finished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Deck
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

  • Property has a Home Owners Association
  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, insurance
  • 50 Units
  • Village At New Canaan Community
  • Property managed by The Property Group Darien

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,395

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 743
  • Public Record Living Room Sq Ft: 743
  • Sq Ft Est Heated Below Grade: 200
  • Total Sq Ft: 943
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: $600 annually
  • Public Record Gross Sq Ft: 1033
  • Directions: Locust Ave to 85
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Fully Finished
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: 1st floor
  • Attic: No
  • Street Number Modifier: 85

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Insurance
  • Complex Name: Village at New Canaan
  • Levels In Unit: 2
  • HOA Fees: 230
  • HOA: Yes
  • Property Mgt Company Name: The Property Group Darien

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac
  • Zoning: 730

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3395
  • Total Assessed Value: 196350
  • Mil Rate Base: 16.670
  • Mil Rate Tax District: 0.619
  • Mil Rate Total: 17.289
  • Assessor Parcel Number: 186350

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
Nov 6, 2017
Closed on
Dec 21, 2017
Sold by
Vogl Lynn and Vogl Kevin
Bought by
Mitchell Joshua
Seller's Agent
Karen Ceraso
William Raveis Real Estate
Buyer's Agent
Samuel Ham
Real Broker CT, LLC
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$454,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,086
Avg. Annual Appreciation
4.07%
Original Mortgage
$162,500
Outstanding Balance
$92,138
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,039

Purchase Details

Closed on
Aug 26, 2011
Sold by
Tarbox Laura
Bought by
Vogl Lynn and Vogl Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
4.53%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Grijns Derek
Bought by
Tarbox Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
9.64%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Guillou-Pennock L K
Bought by
Grijns Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
6.38%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Village At New Canaan
Bought by
Guillou Laura and Guillou Rene
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
Mitchell Joshua $325,000 --
Vogl Lynn $287,000 --
Tarbox Laura $268,000 --
Grijns Derek $191,000 --
Guillou Laura $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guillou Laura $162,500
Previous Owner Guillou Laura $229,600
Previous Owner Guillou Laura $201,000
Previous Owner Guillou Laura $152,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $325,000 -3.0% $345 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $335,000 -- $355 / 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 $4,129 $247,380 $0 $247,380
2024 $3,993 $247,380 $0 $247,380
2023 $4,341 $229,180 $0 $229,180
2022 $4,210 $229,180 $0 $229,180
2021 $4,162 $229,180 $0 $229,180
2020 $4,162 $229,180 $0 $229,180
2019 $4,180 $229,180 $0 $229,180
2018 $3,457 $196,350 $0 $196,350
2017 $3,395 $196,350 $0 $196,350
2016 $3,318 $196,350 $0 $196,350
2015 $3,252 $196,350 $0 $196,350
2014 $3,161 $196,350 $0 $196,350
Source: Public Records

Agents Affiliated with this Home

  • Karen Ceraso

    Seller's Agent in 2017

    Karen Ceraso

    William Raveis Real Estate

    (203) 249-8729

    14 in this area

    25 Total Sales

    Karen Ceraso
    Section Image
  • Samuel Ham

    Buyer's Agent in 2017

    Samuel Ham

    Real Broker CT, LLC

    (203) 515-8852

    109 Total Sales

    Samuel Ham
    Section Image
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Map

Source: SmartMLS

MLS Number: 170030109

SmartMLS

APN: NCAN-000000-T000071-000724-000516

Connecticut Fairfield County New Canaan 06840

85 Locust Ave Unit 516, New Canaan, CT

This home is located at 85 Locust Ave Unit 516, New Canaan, CT 06840 since 06 November 2017 and is currently estimated at $454,086, approximately $481 per square foot. This property was built in 1995. 85 Locust Ave Unit 516 is a home located in Fairfield County with nearby schools including South Elementary School, Saxe Middle School, and New Canaan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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