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116 South Avenue, New Canaan, CT 06840
$2,399,000
116 South Avenue, New Canaan, CT 06840View this property at 116 South Avenue, New Canaan, CT 06840
116 South AvenueNew CanaanCT06840
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Property Description
An unparalleled opportunity awaits with this exceptional property, a true gem in a prime location. Situated within walking distance of New Canaan's newest world-class Library, acclaimed restaurants, unique boutiques, top-tier schools, and the Metro-North train station for effortless access to New York City, this address epitomizes convenience. Moreover, a short walk to Mead Park, offering a wealth of recreational amenities including baseball, Pickle Ball, tennis, skating, and the popular Apple Cart outdoor eatery, ensuring a vibrant lifestyle not far from your doorstep. Spanning .57 acres, this coveted parcel presents boundless possibilities for development. Currently hosting two buildings housing four rental units, including a medical office and three residential apartments, the property invites exploration into its potential. Prospective builders are encouraged to conduct thorough due diligence to ascertain the full range of opportunities available. Embrace the chance to immerse yourself in the vibrant community of New Canaan and unlock the possibilities this esteemed South Avenue location has to offer.
Full Property Details
Full Property Details for 116 South Ave
General
- Price: $2,399,000
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Land Residential
- MLS ID: 24010103
- Updated: 4/24/2024
- Added to Site: 35 day(s) ago
Location
- County: Fairfield
- Driving Directions: GPS Friendly
- Total Lots Available: 1
School Information
- Elementary School: South
- Middle School: Saxe Middle
- High School: New Canaan
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Cable Available, Electric Available
Lot Features
- Lot Size (Acres): 0.57
- Frontage: Paved Road
- Frontage Feet: 99
- Land Improvements: Sidewalk, House(S), Garage(S)
- Zoning: APT
- Lot Description: Level Lot
Financial Considerations
- Annual Sewer Fee: $2,600
- Assessment Amount: $709,730
- Sewer Assmt: Commercial sewer use
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Flood Elevation Certificate, Legal Description, Photo/Survey, Plot Plan/Survey, Property Disclosure
- Property ID: 186149
Listed by William Raveis Real Estate, Laura Danforth
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Schools
Schools serving 116 South Ave
School District:New Canaan School District
Rating | Name | Grades | Distance |
---|---|---|---|
8 Farm Rd, New Canaan, CT 06840 | PK-5 | 0.8 mi | |
468 South Ave, New Canaan, CT 06840 | PK-8 | 0.9 mi | |
11 Farm Rd, New Canaan, CT 06840 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 South Ave
Date
Details
Price
Change
Source
4/19/2024
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 South Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,442
3%
$709,730
—
2022
$13,038
1%
$709,730
—
2021
$12,889
—
$709,730
—
2020
$12,889
—
$709,730
—
2019
$12,945
-7%
$709,730
-10%
2018
$13,927
2%
$790,930
—
2017
$13,674
2%
$790,930
—
2016
$13,364
2%
$790,930
—
2015
$13,099
3%
$790,930
—
2014
$12,735
2%
$790,930
-3%
2012
$12,427
—
$816,340
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 South Ave
116 South Avenue, New Canaan, CT 06840 (MLS# 24010103) is a Land Residential property with a lot size of 0.57 acres. 116 South Avenue is currently listed for $2,399,000 and was received on April 12, 2024. Want to learn more about 116 South Avenue? Do you have questions about finding other Land Residential real estate for sale in New Canaan? You can browse all New Canaan real estate or contact a Coldwell Banker agent to request more information.