NOT LISTED FOR SALE

1 Michelle Ln Unit G1 Mystic, CT 06355

Old Mystic Neighborhood

Estimated Value: $849,053

3 Beds
3.5 Baths
1,962 Sq Ft
$373/mo HOA Fee

Last Sold August 08, 2016

Last sale price $437,000 $223 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,880/month

157 Days on Market

Highlights

  • River Front
  • Deck
  • Walking Distance to Water
  • Stonington Middle School Rated A-
  • 1 Fireplace
  • Central Air

About This Home

As of August 2016

WATERFRONT! 3 BEDROOM END UNIT. 3,324 SQ.FT. OF FINISHED LIVING SPACE. LIVE ALL ON ONE FLOOR! WATERVIEWS FROM MASTER BEDROOM. FIRST FLOOR BR/BA. 3 BR AND 3.5 BATHS. FRESHLY PAINTED JANUARY 2016. NEWER HARD BOARD SIDING AND ANDERSON WINDOWS. SPACIOUS END UNIT WITH WOOD BURNING FIREPLACE. BANG OLUFSEN ENTERTAINMENT CENTER IN LOWER LEVEL SPACIOUS FAMILY ROOM WITH WALK-OUT DO PATIO TO CONVEY. PROFESSIONAL DESIGN AND PROFESSIONAL LANDSCAPING MAKE THIS WATERVIEW PROPERTY A MUST SEE. EASY TO VIEW. MINT MOVE-IN CONDITION. CONDO ASSOCIAITON IN PROCESS OF MAJOR IMPROVEMENTS. NEW SIDEWALKS, NEW LIGHTING, NEW MAIL BOXES, LANDSCAPING AND PARKING LOT. ONE CAR COVERED GARAGE AND OPEN PARKING. SHARED DOCK TO ENJOY THE MYSTIC RIVER!

REAL ESTATE TAXES=$7059 DISTRICT TAX=$960

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 01/16/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 01/16/2016

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $706

Year Built

  • Built in 1981

Lot Details

  • River Front

HOA Fees

  • $373 Monthly HOA Fees

Interior Spaces

  • 1,962 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, property management, snow removal, trash pickup
  • 23 Units
  • Mystic River Square Community
  • Property managed by Thames Harbour

Property Details

Home Type

Condominium

Est. Annual Taxes

$706

Year Built

Built in 1981

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1962
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: ROUTE 27 TO MICHELLE LANE JUST BEFORE THE DAYS INN.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Deck
  • Waterfront Description: Access, Association Required, Dock or Mooring, Frontage, River, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Open
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Mystic River Square
  • Levels In Unit: 2
  • HOA Fees: 373
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Thames Harbour
  • Property Mgt Phone: NE

Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Lot Info

  • Property Info: Planned Unit Development

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Property Tax: 706
  • Total Assessed Value: 33100
  • Assessor Parcel Number: 2079938

Multi Family

  • Total Num Of Units: 23

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
Aug 8, 2016
Sold by
Schneider Jeffrey and Schneider Ana M
Bought by
Gilluly Mark R
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$495,000
Sold Price
$437,000
Premium/Discount to List
-$58,000
-11.72%
Current Estimated Value
$849,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,053
Avg. Annual Appreciation
7.50%
Original Mortgage
$349,600
Outstanding Balance
$264,869
Interest Rate
2%
Mortgage Type
Commercial
Estimated Equity
$584,184
Source: Public Records

Range of Values:

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Average Value
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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
Gilluly Mark R $437,000 --
Gilluly Mark R $437,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilluly Mark R $349,600
Closed Gilluly Mark R $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $437,000 -11.7% $223 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $495,000 -- $252 / 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
2025 $74 $3,600 $0 $3,600
2024 $72 $3,600 $0 $3,600
2023 $71 $3,600 $0 $3,600
2022 $53 $2,000 $0 $2,000
2021 $54 $2,000 $0 $2,000
2020 $53 $2,000 $0 $2,000
2019 $53 $2,000 $0 $2,000
2018 $51 $2,000 $0 $2,000
2017 $47 $1,800 $0 $1,800
2016 $45 $1,800 $0 $1,800
2015 $44 $1,800 $0 $1,800
2014 $42 $1,800 $0 $1,800
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2016

    Judi Caracausa

    William Pitt

    (860) 912-9903

    12 in this area

    178 Total Sales

    Judi Caracausa
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Map

Source: SmartMLS

MLS Number: E10101304

SmartMLS

APN: STON-000165-000003-000001A-G000001

Connecticut New London County Mystic 06355 Old Mystic

1 Michelle Ln Unit G1, Mystic, CT

This home is located at 1 Michelle Ln Unit G1, Mystic, CT 06355 since 16 January 2016 and is currently estimated at $849,053, approximately $432 per square foot. This property was built in 1981. 1 Michelle Ln Unit G1 is a home located in New London County with nearby schools including Stonington Middle School and Stonington 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.

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