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518 Weed Street

518 Weed Street, New Canaan, CT 06840
Property in New Canaan
Sold May 30, 2013
$1,790,000
$1,025,000 by William Raveis Mtg Co
Mortgage Due May 30, 2043
Sold Jun 14, 2002
$1,800,000
$1,260,000 by Merrill Lynch Cr Corp
Mortgage Due Jun 14, 2027
Local assessors in New Canaan, CT have categorized 518 Weed Street as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 101,930 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 4 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 518 Weed Street has a total of 4,396 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of asphalt. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 518 Weed Street was last sold in Jan 1, 1970 for $1,790,000. According to our calculations, that's $407.19 per sqft. Prior to that sales transaction, the property was sold for $1,800,000 in Jan 1, 1970. Current property owners are expected to pay $23,846 in taxes per year. The property on 518 Weed Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,259,020. To break that down further, the land itself was valued at $797,930. While improvements to the property were assessed at a total of $461,090. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,599
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 101,930
  • Total Building Area: 4,396
  • Gross Building Area: 8,253
  • Building Area: 4,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.34
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALKER STACEY D
  • Current Owner 2: WALKER PETER P
  • Previous Owner : STANGLER DONALD
  • Owner Before Previous Owner: URBAN STEPHANIE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Canaan School District
  • School Tax School District: NEW CANAAN SD
  • Census Tract: 035300

Zoning

  • Zoning: 2AC

Geography

  • Account Number: 31 11 273
  • Parcel: NCAN M:0031 B:011 L:00273
  • Block: 11
  • Lot: 273
  • Municipality: NEW CANAAN
  • Latitude: 41.1382
  • Longitude: -73.5059

    Address

  • Full Address: 518 Weed St
  • Address - House Number: 518
  • Address - Street Name: Weed
  • Address - Suffix Type: St
  • State: CT
  • City Name: New Canaan
  • Carrier Code: C014
  • 4-Digit Zip Code: 6127
  • Zip Code: 06840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,846

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 74
  • Final Value: 2,555,681
  • High Value: 3,041,388
  • Low Value: 2,069,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,025,000
  • First Open Lien Mortgage Lender: WILLIAM RAVEIS MTG CO
  • First Open Lien Mortgage Recording Date: May 30, 2013
  • First Open Lien Mortgage Loan Amount: $1,025,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 30, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,020
  • Assessed Land Value: $797,930
  • Assessed Improvements Value: $461,090

    Sales

  • Current Sale Recording Date: May 30, 2013
  • Current Sale Transaction ID: 1112611649
  • Current Sale Price: $1,790,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 14, 2002
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAM RAVEIS MTG CO
  • First Mortgage Transaction Date: May 30, 2013
  • First Mortgage Loan Amount: $1,025,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 30, 2043

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CR CORP
  • Previous Mortgage Transaction Date: Jun 14, 2002
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,260,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Due Date: Jun 14, 2027

About Fairfield



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 518 Weed Street located in?
The 518 Weed Street is a located in the neighborhood of New Canaan in Fairfield, New Canaan.
What is the average sales price for listings in 518 Weed Street?
The average sales price for units in 518 Weed Street is $0 currently.

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