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115 Gerrish Lane

115 Gerrish Lane, New Canaan, CT 06840
House in New Canaan
Sold Jul 19, 2021
$1,700,000
$1,360,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Jul 16, 2020
$1,434,000
Local assessors in New Canaan, CT have categorized 115 Gerrish Lane as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 54,014 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 115 Gerrish Lane has a total of 3,627 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. The building has a roof that is made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 115 Gerrish Lane was last sold in Jul 16, 2021 for $1,700,000. According to our calculations, that's $468.71 per sqft. Prior to that sales transaction, the property was sold for $1,434,000 in Jul 10, 2020. Current property owners are expected to pay $21,474 in taxes per year. The property on 115 Gerrish Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,133,790. To break that down further, the land itself was valued at $744,100. While improvements to the property were assessed at a total of $389,690. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 3,627
  • Building Area: 3,627
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,627
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.24
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOVE KATHERINE
  • Current Owner 2: LOVE CRISPIN
  • Previous Owner : 115 GERRISH LLC
  • Owner Before Previous Owner: JOHNSTON KATHLEEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Canaan School District
  • School Tax School District: NEW CANAAN SD
  • Census Tract: 035102

Zoning

  • Zoning: 1AC

Geography

  • Account Number: 32 20 857
  • Parcel: NCAN M:0032 B:020 L:00857
  • Block: 20
  • Lot: 857
  • Municipality: NEW CANAAN
  • Latitude: 41.1511
  • Longitude: -73.5038

    Address

  • Full Address: 115 Gerrish Ln
  • Address - House Number: 115
  • Address - Street Name: Gerrish
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: New Canaan
  • Carrier Code: C029
  • 4-Digit Zip Code: 4118
  • Zip Code: 06840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,474

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 2,105,099
  • High Value: 2,556,092
  • Low Value: 1,654,105

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,610,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: May 16, 2023
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,133,790
  • Assessed Land Value: $744,100
  • Assessed Improvements Value: $389,690

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11849549855
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 16, 2020
  • Previous Sale Contract Date: Jul 10, 2020
  • Previous Sale Amount: $1,434,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Fairfield



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Frequently Asked Questions

What neighborhood is 115 Gerrish Lane located in?
The 115 Gerrish Lane is a house located in the neighborhood of New Canaan in Fairfield, New Canaan.
What is the average sales price for listings in 115 Gerrish Lane?
The average sales price for units in 115 Gerrish Lane is $0 currently.

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