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88 Route 7

Canaan, CT 06031

3 bd 2 ba 1,586 sqft Built 1800 Lot 58,370 sqft single_family
Most recent sale
$595,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $595,000 Public Record
May 18, 2022 Listed $595,000 MLS #170491748
Aug 11, 2014 Sold $90,000 Public Record
Jul 18, 2014 Listing removed $99,900 CTMLS
Apr 18, 2014 Listed $99,900 MLS #G679744
Aug 1, 2001 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $287,400 $69,700 $357,100 $8,013
2023 $287,400 $69,700 $357,100 $7,499
2022 $108,400 $63,800 $172,200 $4,426
2021 $108,400 $63,800 $172,200 $4,426
2020 $108,400 $63,800 $172,200 $4,426
2019 $108,400 $63,800 $172,200 $4,236
2018 $108,400 $63,800 $172,200 $4,116
2017 $106,400 $63,800 $170,200 $4,246
2016 $101,000 $63,800 $164,800 $3,955
2015 $51,300 $63,800 $115,100 $2,705
2013 $111,000 $63,800 $174,800 $3,758
2006 $121,000 $3,570
2003 $121,000 $3,207

Property facts

Year built
1800
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,586 sqft
Lot size
58,370 sqft
ZIP code
06031
City
Canaan
Street
Route 7
Coordinates
41.95657, -73.34683

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,379
Gross rental yield
4.80%
Implied cap rate
3.12%
Trend-extrapolated value

Frequently asked questions

When did 88 Route 7 last sell?
88 Route 7 most recently sold on Aug 1, 2022 for $595,000.
What is the current tax assessment for 88 Route 7?
The most recent total assessment for 88 Route 7 (year 2025) is $357,100 with $8,013 in property tax.
How does 88 Route 7's assessment compare to its last sale price?
The current assessment is 40.0% below the last sale price of $595,000.
When was 88 Route 7 built?
88 Route 7 was built in 1800.
How does 88 Route 7 compare to others on Route 7?
We track 6 other properties on Route 7. Browse the list under "Other properties on Route 7" to compare beds, baths, and sale history.
What are the property facts for 88 Route 7?
88 Route 7 is a 3 bed, 2 bath, 1,586 sqft, 58,370 sqft lot single_family.
Is 88 Route 7 a flip candidate?
No — 88 Route 7 does not appear in our flips dataset.
Is 88 Route 7 a tax-appeal candidate?
No — 88 Route 7 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$630.5K
2026 Q4
$631.4K
ZIP 06031 — Median Price History + Forecast

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