$325,000
SOLD SEP 27, 2017

85 Locust Ave Unit 527 New Canaan, CT 06840

1 Bed
1 Bath
743 Sq Ft
1995 Built

Recently Sold

$437 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • End Unit
  • South Elementary School Rated A+
  • Attic
  • Porch

About This Home

As of September 2021

Sophisticated and elegant condo located in the quiet rear of the complex, The Village of New Canaan. Private covered porch off kitchen for outdoor dining overlooking flower beds. Light & bright w/cathedral ceilings & large picture window. Kit and Bath upgrades. W/D located in unit. Freshly painted. Brand new carpeting. Extremely desirable location. Walk to town/train. Oversized storage room in lower level w/separate entrance approx 350 sq ft. Addl storage in attic. Low monthly common charges. This unit is a gem. NO PETS! $250 move in fee

Last Agent to Sell the Property

Denise Gannalo

William Raveis Real Estate License #REB.0248733 Listed on: 07/25/2017

William Raveis Real Estate

Last Buyer's Agent

Jaime Sneddon

William Pitt Sotheby's Int'l License #REB.0758989

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1995

Lot Details

  • End Unit

Parking

  • Parking Deck

Home Design

  • Colonial Architecture
  • Frame Construction
  • Clap Board Siding
  • Masonry Siding

Interior Spaces

  • 743 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • 50 Units
  • Village Of New Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,315

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 743
  • Public Record Living Room Sq Ft: 743
  • Total Sq Ft: 743
  • Year Built: 1995
  • Remarks Public Addendum: Washer And Dryer In Unit. No Pets. Parking Right Outside. Freshly Painted With New carpeting. Walk To Town And Train. Eat Outside On Private Deck.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1033
  • Directions: Main St To Locust Ave
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Storage, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Foyer
  • Attic: Yes
  • Street Number Modifier: 85

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Brick, Clapboard
  • 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
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Village Of New
  • Levels In Unit: 1
  • HOA Fees: 240
  • HOA: Yes

Schools

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

Lot Info

  • Zoning: APT

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3315
  • Total Assessed Value: 191730
  • Mil Rate Total: 16.660
  • Assessor Parcel Number: 186358

Multi Family

  • Total Num Of Units: 50

MLS Schools

  • Elementary School: South
  • Middle Jr High School: Saxe
  • 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
Current Estimated Value
$508,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,443
Avg. Annual Appreciation
8.13%
Original Mortgage
$300,000
Outstanding Balance
$275,936
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,720

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
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 Type Sale Price Title Company
Warranty Deed $375,000 None Available
Warranty Deed $325,000 --
Quit Claim Deed $150,000 --
Deed $199,000 --
Warranty Deed $169,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Purchase Money Mortgage
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $150,000 No Value Available
Previous Owner $149,250 No Value Available
Previous Owner $135,900 Unknown
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

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Map

Source: SmartMLS

MLS Number: 99194631

SmartMLS

APN: NCAN-000000-T000071-000724-000527