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716 Cheese Spring Rd

New Canaan, CT 06840

5 bd 6 ba 4,504 sqft Built 1957 Lot 123,710 sqft single_family
Most recent sale
$2,750,000
Apr 3, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Sold $2,750,000 SMARTMLS
Jan 9, 2024 Listed $2,875,000 SMARTMLS
Mar 1, 2021 Sold $2,369,000 Public Record
Feb 24, 2021 Listing removed SMARTMLS
Jan 20, 2021 Listing removed Newcanaan
Jan 10, 2021 Listed $2,099,000 SMARTMLS
Jan 9, 2021 Listed $2,099,000 Newcanaan
Sep 18, 2017 Listing removed $719,000 SMARTMLS
Aug 24, 2017 Listing removed $719,000 Newcanaan
Aug 15, 2017 Price changed $719,000 Newcanaan
Jun 29, 2017 Price changed $719,000 SMARTMLS
Mar 3, 2017 Price changed $740,000 SMARTMLS
Feb 19, 2017 Relisted $765,000 SMARTMLS
Feb 18, 2017 Listing removed $765,000 SMARTMLS
Jul 11, 2016 Listed $765,000 Newcanaan
Jul 6, 2016 Listed $765,000 SMARTMLS
Jun 30, 1966 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $751,380 $546,000 $1,297,380 $21,653
2023 $427,630 $543,830 $971,460 $18,399
2022 $427,630 $543,830 $971,460 $17,846
2021 $427,630 $543,830 $971,460 $17,642
2020 $427,630 $543,830 $971,460 $17,642
2019 $427,630 $543,830 $971,460 $17,719
2018 $40,880 $575,540 $616,420 $10,454
2017 $40,880 $575,540 $616,420 $10,276
2016 $40,880 $575,540 $616,420 $10,054
2015 $40,880 $575,540 $616,420 $9,857
2013 $52,710 $520,800 $573,510 $8,368
2006 $119,100 $392,200 $511,300 $7,179
2005 $119,100 $392,200 $511,300 $6,846
2004 $119,100 $392,200 $511,300 $6,473
2003 $77,000 $448,000 $525,000 $7,345

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
4,504 sqft
Lot size
123,710 sqft
ZIP code
06840
City
New Canaan
Street
Cheese Spring Rd
Coordinates
41.19510, -73.47684

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
$16,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 716 Cheese Spring Rd last sell?
716 Cheese Spring Rd most recently sold on Apr 3, 2024 for $2,750,000.
What is the current tax assessment for 716 Cheese Spring Rd?
The most recent total assessment for 716 Cheese Spring Rd (year 2025) is $1,297,380 with $21,653 in property tax.
How does 716 Cheese Spring Rd's assessment compare to its last sale price?
The current assessment is 52.8% below the last sale price of $2,750,000.
When was 716 Cheese Spring Rd built?
716 Cheese Spring Rd was built in 1957.
How does 716 Cheese Spring Rd compare to others on Cheese Spring Rd?
We track 8 other properties on Cheese Spring Rd. Browse the list under "Other properties on Cheese Spring Rd" to compare beds, baths, and sale history.
What are the property facts for 716 Cheese Spring Rd?
716 Cheese Spring Rd is a 5 bed, 6 bath, 4,504 sqft, 123,710 sqft lot single_family.
Is 716 Cheese Spring Rd a flip candidate?
No — 716 Cheese Spring Rd does not appear in our flips dataset.
Is 716 Cheese Spring Rd a tax-appeal candidate?
No — 716 Cheese Spring Rd 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
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$2.61M
2026 Q4
$2.61M
ZIP 06840 — Median Price History + Forecast

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