NOT LISTED FOR SALE

1 River Rd Pawcatuck, CT 06379

Estimated Value: $172,000 - $176,109

0.08 Acre
$2,175,688 Price per Acre
3,485 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $150,000

Est. 16% increase in value since last sale

Current estimated payment $997/month

11 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Level Lot
  • Stonington Middle School Rated A-

About This Lot

As of May 2023

This small waterfront bungalow (old garage) needs updating but once completed will be amazing. Due to the flood zone regulations will only allow $9100 of improvements per year. Located on the Pawcatuck River this could be the perfect place to keep your boat right out in front of your getaway and offer your friends docking privileges too. It's a project but will be really cool once completed. Many issues with this property including a DEEP violation, town notice regarding no overnight sleeping allowed currently and the property is located in a Flood Way zone. Also listed as a single family MLS #170544206.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 03/17/2023

Last Buyer's Agent

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 03/17/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $571

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is zoned RC-120

Property Views

  • Water Views

Schools

  • Stonington High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Rte 1 to Greenhaven to River Rd.
  • Special Features: None

Interior Features

  • Street Number Modifier: 1

Exterior Features

  • Waterfront Description: Direct Waterfront, Dock or Mooring, View
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 109

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Lot Info

  • Acres: 0.0800
  • Lot Description: Water View, Level Lot
  • Lot Improvements: Shed
  • Lots Number Of: 1
  • Zoning: RC-120

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 571
  • Total Assessed Value: 22300
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 1.950
  • Mil Rate Total: 25.610
  • Assessor Parcel Number: 2078363

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 19, 2023
Sold by
Morse Chelsea M
Bought by
Nwm Property Group Llc
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$295,000
Sold Price
$150,000
Premium/Discount to List
-$145,000
-49.15%
Views
160
Current Estimated Value
$174,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,055
Avg. Annual Appreciation
10.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nwm Property Group Llc $150,000 None Available
Nwm Property Group Llc $150,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $150,000 -23.1% --
03/28/2023 03/28/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $195,000 -33.9% --
03/17/2023 03/17/23 For Sale $295,000 -- --
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 $594 $29,900 $17,100 $12,800
2024 $570 $29,900 $17,100 $12,800
2023 $570 $29,900 $17,100 $12,800
2022 $571 $22,300 $15,100 $7,200
2021 $572 $22,300 $15,100 $7,200
2020 $564 $22,400 $15,100 $7,300
2019 $230 $22,400 $15,100 $7,300
2018 $543 $22,400 $15,100 $7,300
2017 $483 $19,600 $12,700 $6,900
2016 $469 $19,600 $12,700 $6,900
2015 $441 $19,600 $12,700 $6,900
2014 $431 $19,600 $12,700 $6,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170544220

SmartMLS

APN: STON-000005-000006-000020