NOT LISTED FOR SALE

96 Locust Ave New Canaan, CT 06840

Estimated Value: $1,193,856 - $2,101,000

9 Beds
5 Baths
4,435 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $1,025,000 $231 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,450/month

110 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • No HOA
  • South Elementary School Rated A+
  • Attic
  • Garden

About This Home

As of September 2022

Investors unique opportunity to own a 4 Family investment property in New Canaan CT. Great location and Value add opportunity with 4 below market rents, well maintained property on beautiful grounds. Walking distance to town and train. Plenty of parking with 2 separate driveways and a 3 Car garage. Property being sold as is. Great tenants, Schedule a private showing today!

Last Agent to Sell the Property

Matt Stafford

Oxford Realty License #RES.0802975 Listed on: 05/06/2022

Oxford Realty

Co-Listed By

Ben Weinberg

Oxford Realty License #RES.0813934

Last Buyer's Agent

Arlene Bubbico

Coldwell Banker Realty License #RES.0763486

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,166

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Secluded Lot
  • Garden

Home Design

  • 4,435 Sq Ft Home
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • New Canaan High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Additional Features

  • Attic
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,166

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4435
  • Public Record Living Room Sq Ft: 4435
  • Total Sq Ft: 4435
  • Year Built: 1900
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8378
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS Compatible
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 96

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Driveway, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: New Canaan

Lot Info

  • Acres: 0.4400
  • Lot Description: Secluded
  • Zoning: BRES

Multi Family

  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 10166
  • Total Assessed Value: 553420
  • Mil Rate Base: 18.370
  • Mil Rate Total: 18.370
  • Assessor Parcel Number: 186226

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New Canaan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Sep 2, 2022
Sold by
Byrne Thomas
Bought by
Davies Christopher and Tsang-Davies June
Seller's Agent
Matt Stafford
Oxford Realty
Buyer's Agent
Arlene Bubbico
Coldwell Banker Realty
List Price
$1,299,900
Sold Price
$1,025,000
Premium/Discount to List
-$274,900
-21.15%
Total Days on Market
110
Views
17
Current Estimated Value
$1,491,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,214
Avg. Annual Appreciation
14.49%
Original Mortgage
$800,000
Outstanding Balance
$769,868
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$721,346

Purchase Details

Closed on
Jan 15, 2004
Sold by
Piselli Cesidio and Piselli Rose Marie
Bought by
Byrne Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1994
Sold by
Zboray Maria and Piselli Loretto
Bought by
Piselli Cesidio
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davies Christopher $1,025,000 None Available
Byrne Thomas $850,000 --
Piselli Cesidio $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Christopher $800,000
Previous Owner Piselli Cesidio $150,000
Previous Owner Piselli Cesidio $465,000
Previous Owner Piselli Cesidio $595,000
Previous Owner Piselli Cesidio $188,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $1,025,000 -10.9% $231 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $1,150,000 -11.5% $259 / Sq Ft
05/06/2022 05/06/22 For Sale $1,299,900 -- $293 / 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 $13,333 $826,070 $494,760 $331,310
2023 $10,482 $553,420 $445,060 $108,360
2022 $10,166 $553,420 $445,060 $108,360
2021 $10,050 $553,420 $445,060 $108,360
2020 $10,050 $553,420 $445,060 $108,360
2019 $10,094 $553,420 $445,060 $108,360
2018 $11,629 $660,450 $412,090 $248,360
2017 $11,419 $660,450 $412,090 $248,360
2016 $11,159 $660,450 $412,090 $248,360
2015 $10,938 $660,450 $412,090 $248,360
2014 $10,634 $660,450 $412,090 $248,360
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matt Stafford

    Oxford Realty

    (860) 752-2619

    1 in this area

    63 Total Sales

    Matt Stafford
    Section Image
  • Ben Weinberg

    Seller Co-Listing Agent in 2022

    Ben Weinberg

    Oxford Realty

    (917) 974-6356

    1 in this area

    93 Total Sales

    Ben Weinberg
    Section Image
  • Arlene Bubbico

    Buyer's Agent in 2022

    Arlene Bubbico

    Coldwell Banker Realty

    (203) 984-2327

    8 in this area

    49 Total Sales

    Arlene Bubbico
    Section Image
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Map

Source: SmartMLS

MLS Number: 170488858

SmartMLS

APN: NCAN-000000-T000068-000077

Connecticut Fairfield County New Canaan 06840

96 Locust Ave, New Canaan, CT

This home is located at 96 Locust Ave, New Canaan, CT 06840 since 06 May 2022 and is currently estimated at $1,491,214, approximately $336 per square foot. This property was built in 1900. 96 Locust Ave 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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