$2,100,000
SOLD FEB 12, 2024
3 Beds
3 Baths
1,806 Sq Ft
0.57 Acres

Recently Sold

$1,163 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

  • Heated In Ground Pool
  • Waterfront
  • 1 Fireplace
  • Mystic Middle School Rated A-
  • Deck
  • Bonus Room

About This Home

As of February 2024

Timeless Beauty. Direct Waterfront with Dock. Unobstructed Water views and access to Beautiful Quiambaug Cove. Enjoy 381' of Water frontage and private 56' Ipe dock. Stately Historic Homestead impeccably renovated with 3 Bedroom and 3 Full Baths in the MAIN HOME nestled on .57 Acres of Waterfront. First Floor Bedroom Suite. Two Car Attached Garage, full basement with walk-out and propane powered 12k Generator. Beautiful extensive renovation by Fairbairn Brothers Builders of The Litchfield Hills 2019 and 2022 include new furnace and hot water heater, Ipe Dock, Gourmet Cooks Kitchen First Floor Bedroom and Bathroom, Seawall and mechanicals. Large Ipe Deck overlooking the Cove, appx. 3'-7' of water at dock. Current owner has a 19'-21' center console. Also includes "THE OYSTER HOUSE" a separate building - totally renovated in 2020 with an additional office-guest space with full bathroom and Covered Porch with unobstructed water views. 20x40 Heated In-ground Pool with new filter, heater and pump. New Well and Septic System in 2022. Two separate driveways and generous parking. Old plumbing has been totally replaced. This home has been extensively renovated and is in move-in condition. This is a very rare and exceptional property on very desirable scenic Cove Road. Conveniently located a short distance to Stonington Borough and Historic Downtown Mystic. Truly Move-In Condition. Ideal Primary Residence or Vacation Home. Resort living at it's finest. Vacation at Home!

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 12/15/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Laurie Johnstone

Berkshire Hathaway NE Prop. License #RES.0815260

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,716

Year Built

  • Built in 1881

Lot Details

  • 0.57 Acre Lot
  • Waterfront
  • Stone Wall
  • Property is zoned RA-40

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 1 Fireplace
  • Bonus Room
  • Home Security System

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Shed
  • Porch

Additional Homes

  • Separate Entry Quarters

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2074219

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,716

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 1806
  • Total Sq Ft: 1806
  • Year Built: 1881
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • In Law Access: Separate Entry
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 1 to Cove Rd. Property on right on the water. See sign.
  • Financing Used: Withheld
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full, Full With Walk-Out, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room, Laundry Room
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Lower Level
  • Attic: No
  • Home Automation: Security System
  • Street Number Modifier: 100

Exterior Features

  • Exterior Features: Deck, Porch, Shed, Stone Wall
  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Frontage Access Dock or Mooring
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved, Asphalt
  • Garage And Parking: Attached Garage, Covered Garage

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Deans Mill
  • Middle School: Per Board of Ed
  • High School: Stonington

Lot Info

  • Acres: 0.57
  • Lot Description: In Flood Zone Water View Level Lot
  • Flood Zone: Yes
  • Zoning: RA-40
  • Parcel #: 2074219

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 13716
  • Total Assessed Value: 741400
  • Mil Rate Total: 18.5
  • Tax District Amount: 778

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 9, 2024
Sold by
Fairbairn Geoffrey H
Bought by
The Flet Lt and Flett
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Laurie Johnstone
Berkshire Hathaway NE Prop.
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
43
Current Estimated Value
$2,062,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,639
Avg. Annual Appreciation
-9.09%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,100,000 None Available
Warranty Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $350,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $2,100,000 -4.3% $1,163 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $2,195,000 +265.8% $1,215 / Sq Ft
09/29/2016 09/29/16 Sold $600,000 -24.9% $332 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $799,000 -- $442 / 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
2024 $13,790 $741,400 $344,900 $396,500
2023 $13,716 $741,400 $344,900 $396,500
2022 $12,724 $510,800 $277,100 $233,700
2021 $0 $510,800 $277,100 $233,700
2020 $12,571 $510,800 $277,100 $233,700
2019 $0 $470,600 $277,100 $193,500
2018 $11,067 $464,400 $277,100 $187,300
2017 $0 $519,600 $296,900 $222,700
2016 $12,138 $519,600 $296,900 $222,700
2015 $11,571 $519,600 $296,900 $222,700
2014 $11,031 $519,600 $296,900 $222,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170613572

SmartMLS

APN: STON-000131-000002-000013