NOT LISTED FOR SALE

85 Locust Ave Unit 527 New Canaan, CT 06840

New Canaan Neighborhood

Estimated Value: $444,000 - $590,000

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

Last Sold September 30, 2021

Last sale price $375,000 $378 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,419/month

63 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • End Unit
  • South Elementary School Rated A+
  • Attic
  • Corner Lot

About This Home

As of September 2021

Sophisticated and elegant end unit condo located in the quiet rear of the complex, The Village of New Canaan. Light & bright w/cathedral ceilings & large picture window. New soundproofed hardwood floors and a newly finished loft/home office with stylish spiral staircase. Private covered porch off kitchen for outdoor dining overlooking flower beds. Kitchen and bath upgrades. W/D located in unit. Extremely desirable location. Walk to town, train and restaurants. Oversized 350SF storage room in lower level w/separate entrance. Assigned parking right outside front door. Low monthly common charges. This unit is a gem.

Last Listed By

Jaime Sneddon

William Pitt Sotheby's Int'l License #REB.0758989 Listed on: 07/28/2021

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1995

Lot Details

  • End Unit
  • Level Lot

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Frame Construction
  • Clap Board Siding
  • Masonry Siding

Interior Spaces

  • 993 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Entrance Foyer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Insulation
  • Covered Deck

Listing and Financial Details

  • Exclusions: Contact LB

Community Details

Overview

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

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,738

Year Built

Built in 1995

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 993
  • Public Record Living Room Sq Ft: 993
  • Total Sq Ft: 993
  • Year Built: 1995
  • Nearby Amenities: Golf Course, Health Club, Library, Park, Private School(s), Public Pool, Public Transportation, Tennis Courts
  • Property Sub Type: Condominium
  • Exclusions: Contact LB
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1533
  • Tax Year Updated Dt: 08/09/2021
  • Directions: 85 Locust Ave #527
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Unfinished, Storage
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: In unit
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 85

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Assigned Parking

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management
  • Complex Name: Village at New Canaan
  • Levels In Unit: 2
  • HOA Fees: 260
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: Corner Lot, Level Lot
  • Zoning: 730

Rental Info

  • Pets Allowed Info: per condo association
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4738
  • Total Assessed Value: 260890
  • Mil Rate Base: 18.160
  • Mil Rate Total: 18.160
  • Assessor Parcel Number: 186358

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 28, 2021
Closed on
Sep 30, 2021
Sold by
Goding Carl
Bought by
Dishart Susan
Seller's Agent
Jaime Sneddon
William Pitt Sotheby's Int'l
Buyer's Agent
Charles Nedder
Berkshire Hathaway NE Prop.
List Price
$375,000
Sold Price
$375,000
Total Days on Market
63
Current Estimated Value
$505,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,317
Avg. Annual Appreciation
4.15%
Original Mortgage
$300,000
Outstanding Balance
$278,859
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,612

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 27, 2017
Sold by
Unit 527 Llc and Cappello Guy
Bought by
Goding Carl
Seller's Agent
Denise Gannalo
William Raveis Real Estate
Buyer's Agent
Jaime Sneddon
William Pitt Sotheby's Int'l
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$350,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Ericson Kristen
Bought by
Ericson Kristen and Gannalo Denise

Purchase Details

Closed on
Jan 8, 2001
Sold by
Palmeri Paul E
Bought by
Gannalo Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
7.69%

Purchase Details

Closed on
Aug 25, 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
$135,900
Interest Rate
5.2%
Mortgage Type
Unknown

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
Dishart Susan $375,000 None Available
Goding Carl $325,000 --
Ericson Kristen $150,000 --
Gannalo Kristen $199,000 --
Palmieri Paul E $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dishart Susan $300,000
Previous Owner Palmieri Paul E $350,000
Previous Owner Palmieri Paul E $150,000
Previous Owner Palmieri Paul E $149,250
Previous Owner Palmieri Paul E $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $375,000 0.0% $378 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $375,000 +15.4% $378 / Sq Ft
09/27/2017 09/27/17 Sold $325,000 0.0% $437 / Sq Ft
08/08/2017 08/08/17 Off Market $325,000 -- --
07/25/2017 07/25/17 For Sale $329,000 -- $443 / 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 $4,281 $265,230 $0 $265,230
2023 $4,941 $260,890 $0 $260,890
2022 $4,793 $260,890 $0 $260,890
2021 $4,738 $260,890 $0 $260,890
2020 $4,738 $260,890 $0 $260,890
2019 $4,759 $260,890 $0 $260,890
2018 $3,376 $191,730 $0 $191,730
2017 $3,315 $191,730 $0 $191,730
2016 $3,239 $191,730 $0 $191,730
2015 $3,286 $191,730 $0 $191,730
2014 $3,087 $191,730 $0 $191,730
Source: Public Records

Agents Affiliated with this Home

  • Jaime Sneddon

    Seller's Agent in 2021

    Jaime Sneddon

    William Pitt

    (203) 219-3769

    157 in this area

    179 Total Sales

    Jaime Sneddon
    Section Image
  • Kendall Sneddon

    Seller Co-Listing Agent in 2021

    Kendall Sneddon

    William Pitt

    (203) 561-5658

    111 in this area

    120 Total Sales

    Kendall Sneddon
    Section Image
  • Charles Nedder

    Buyer's Agent in 2021

    Charles Nedder

    Berkshire Hathaway Home Services

    (203) 524-4303

    5 in this area

    212 Total Sales

    Charles Nedder
    Section Image
  • Dezso Slezak

    Buyer Co-Listing Agent in 2021

    Dezso Slezak

    Houlihan Lawrence

    (203) 873-7881

    1 in this area

    34 Total Sales

    Dezso Slezak
    Section Image
  • Denise Gannalo

    Seller's Agent in 2017

    Denise Gannalo

    William Raveis Real Estate

    (203) 981-7927

    38 in this area

    44 Total Sales

    Denise Gannalo
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170423795

SmartMLS

APN: NCAN-000000-T000071-000724-000527

Connecticut Fairfield County New Canaan 06840 New Canaan

85 Locust Ave Unit 527, New Canaan, CT

Homes for Sale in New Canaan, CT

This home is located at 85 Locust Ave Unit 527, New Canaan, CT 06840 since 28 July 2021 and is currently estimated at $505,317, approximately $508 per square foot. This property was built in 1995. 85 Locust Ave Unit 527 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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