NOT LISTED FOR SALE

42 Forest St Unit 5 New Canaan, CT 06840

New Canaan Neighborhood

Estimated Value: $2,125,795 - $2,450,000

3 Beds
3.5 Baths
3,415 Sq Ft
$865/mo HOA Fee

Last Sold November 10, 2023

Last sale price $2,050,000 $600 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,892/month

433 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • 1 Fireplace
  • South Elementary School Rated A+
  • Attic
  • 4-minute walk to Pop Up

About This Home

As of November 2023

Imagine a little bit of New York City in New Canaan! Come see an extraordinary enclave of luxury lofts and townhouses and experience refined design and the finest hand-crafted finishes. Sophisticated new construction - 5 townhouses and 2 open floor plan lofts for the pinnacle in modern living. Each 3 bedroom, 3 bath townhouse has gorgeous wide plank white oak floors, living room with custom build-ins galore, fireplace with marble surround, optional elevator, 2 car attached garage, designer chef's kitchen with custom milled white oak cabinetry, waterfall leathered granite island, deluxe appliances, ensuite baths with artisan cut marble counters, and primary bath with heated floors. The lofts have a private elevator; the townhouses have an optional elevator. Both Lofts and Townhouses have access to an incredible 1,000 sq/ft roof deck and lounge! With outdoor kitchen, and grill, the space is perfect for entertaining, dining, and socializing! Enjoy a view of New Canaan like no other! Just off of New Canaan's Restaurant Row and all this idyllic historic village has to offer. Small town charm with a NYC vibe. Far enough yet close enough to NYC. *Virtual photos by Bespoke Marketing.

Last Listed By

Rita Kirby

William Pitt Sotheby's Int'l License #RES.0766547 Listed on: 09/01/2022

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,660

Year Built

  • Built in 2020

Lot Details

  • Stone Wall
  • Sprinkler System
  • Garden

HOA Fees

  • $865 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding
  • Shingle Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Power Generator
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2770256

Community Details

Overview

  • Association fees include trash pickup, property management, insurance
  • 7 Units

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,660

Year Built

Built in 2020

Lot Details

0

HOA Fees

$865 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2565
  • Sq Ft Est Heated Below Grade: 850
  • Total Sq Ft: 3415
  • Year Built: 2020
  • New Construction: No/Resale
  • Nearby Amenities: Library, Paddle Tennis, Park, Playground/Tot Lot, Public Pool, Public Rec Facilities, Public Transportation, Tennis Courts
  • Association Amenities: Guest Parking
  • Remarks Public Addendum: Optional Elevator.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Condo Model Name: Residence 5
  • Directions: Merritt Exit #37 North on South Ave 2 miles Right on Cherry Street Left on Locust to 42 Forest
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2440
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Heated, Cooled, Garage Access, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Gas Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 42

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Sidewalk, Stone Wall, Underground Sprinkler
  • Exterior Siding: Shingle, Brick
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup, Property Management, Insurance
  • Levels In Unit: 4
  • HOA Fees: 865
  • HOA Fee Frequency: Monthly
  • Total Number of Units In Complex: The Residences at 42 Forest

Schools

  • Elementary School: South
  • Middle School: Saxe Middle
  • High School: New Canaan
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation, Generator, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: 856
  • Parcel #: 2770256

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 7

Tax Info

  • Property Tax: 23660
  • Total Assessed Value: 1249220
  • Mil Rate Total: 18.94

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
Sep 1, 2022
Closed on
Nov 7, 2023
Sold by
Barlow Alyssa and Barlow Jared
Bought by
Clark John S and Clark Lisa B
Seller's Agent
Rita Kirby
William Pitt Sotheby's Int'l
Buyer's Agent
Janis Hennessy
William Raveis Real Estate
List Price
$2,400,000
Sold Price
$2,050,000
Premium/Discount to List
-$350,000
-14.58%
Total Days on Market
433
Views
606
Current Estimated Value
$2,327,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,265
Avg. Annual Appreciation
9.01%

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
Clark John S $2,050,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $2,050,000 -10.7% $600 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
03/11/2023 03/11/23 Price Changed $2,295,000 -4.4% $672 / Sq Ft
09/01/2022 09/01/22 For Sale $2,400,000 +6.2% $703 / Sq Ft
10/29/2021 10/29/21 Sold $2,260,000 -1.5% $662 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $2,295,000 -- $672 / 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 $24,445 $1,514,590 $0 $1,514,590
2023 $23,660 $1,249,220 $0 $1,249,220
2022 $22,948 $1,249,220 $0 $1,249,220
Source: Public Records

Agents Affiliated with this Home

  • Rita Kirby

    Seller's Agent in 2023

    Rita Kirby

    William Pitt

    (203) 984-7665

    53 in this area

    69 Total Sales

    Rita Kirby
    Section Image
  • Bonnie Sztam

    Seller Co-Listing Agent in 2023

    Bonnie Sztam

    William Pitt

    (917) 825-8109

    31 in this area

    32 Total Sales

    Bonnie Sztam
    Section Image
  • Janis Hennessy

    Buyer's Agent in 2023

    Janis Hennessy

    William Raveis Real Estate

    (203) 856-8827

    51 in this area

    63 Total Sales

    Janis Hennessy
    Section Image
  • Martha Perry

    Buyer Co-Listing Agent in 2023

    Martha Perry

    William Pitt

    (203) 912-9091

    23 in this area

    30 Total Sales

    Martha Perry
    Section Image
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Map

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Source: SmartMLS

MLS Number: 170520138

SmartMLS

APN: NCAN M:000T B:211 L:833 U:5

Connecticut Fairfield County New Canaan 06840 New Canaan

42 Forest St Unit 5, New Canaan, CT

Homes for Sale in New Canaan, CT

This home is located at 42 Forest St Unit 5, New Canaan, CT 06840 since 01 September 2022 and is currently estimated at $2,327,265, approximately $681 per square foot. This property was built in 2020. 42 Forest St Unit 5 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.