NOT LISTED FOR SALE

Estimated Value: $2,634,000 - $3,566,000

0.98 Acre
$3,006,347 Price per Acre
42,689 Sq Ft Lot

Sale Details

Date Sold: August 24, 2020

Last sale price $1,755,000 $213 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $19,064 / mo

111 Days on Market

Highlights

  • Water Views
  • 0.98 Acre Lot
  • Walking Distance to Water
  • Home fronts a sound
  • No HOA
  • Open Lot

About This Lot

As of August 2020

Located at the head of Shippan Point sits this alluring residential building lot at the end of a prestigious cul-de-sac neighborhood. Build your dream waterfront home on this premier level 1 acre lot, with gorgeous east and west directional views of Long Island Sound! Sewer and public water offer endless possibilities!

Last Agent to Sell the Property

Suzette Kraus

Compass Connecticut, LLC License #RES.0802916 Listed on: 04/30/2020

Compass Connecticut, LLC

Last Buyer's Agent

Suzette Kraus

Compass Connecticut, LLC License #RES.0802916 Listed on: 04/30/2020

Compass Connecticut, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,936

Lot Details

  • 42,689 Sq Ft Lot
  • Home fronts a sound
  • Open Lot
  • Cleared Lot
  • Property is zoned R20

Schools

  • Toquam Magnet Elementary School
  • Stamford High School

Additional Features

  • Water Views
  • Flood Zone Lot

Community Details

Overview

  • No Home Owners Association

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$39,936

Lot Details

0.98 Acres

Listing Details

  • Neighborhood: Shippan
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 07/27/2020
  • Directions: From Shippan Ave going south, turn right onto Ocean Drive W, then turn left onto Saddle Rock Rd. Continue straight through the round-about and the lot is the second property on the left.
  • Special Features: None

Exterior Features

  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, View, Walk to Water
  • Road Frontage Description: Paved Road

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.9800
  • Lot Description: Open Lot, In Flood Zone, Cleared, Water View
  • Lots Number Of: 1
  • Zoning: R20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 39936
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Assessor Parcel Number: 332274

MLS Schools

  • Elementary School: Toquam Magnet
  • High School: Stamford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 24, 2020
Sold by
Tom Nancy
Bought by
Po 25 Llc
Seller's Agent
Suzette Kraus
Compass Connecticut, LLC
Buyer's Agent
Suzette Kraus
Compass Connecticut, LLC
List Price
$1,950,000
Sold Price
$1,755,000
Premium/Discount to List
-$195,000
-10%
Current Estimated Value
$2,946,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,220
Avg. Annual Appreciation
9.51%

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 28, 2020
Sold by
William W Ward Nt and Ward
Bought by
Tom Nancy
Seller's Agent
Suzette Kraus
Compass Connecticut, LLC
Buyer's Agent
Suzette Kraus
Compass Connecticut, LLC
List Price
$1,950,000
Sold Price
$1,755,000
Premium/Discount to List
-$195,000
-10%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Dubral Helen F
Bought by
Whitehead Rosalind C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Po 25 Llc $1,755,000 None Available
Po 25 Llc $1,755,000 None Available
Tom Nancy -- None Available
Tom Nancy -- None Available
Whitehead Rosalind C $550,000 --
Whitehead Rosalind C $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitehead Rosalind C $2,265,000
Previous Owner Whitehead Rosalind C $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $1,755,000 -10.0% $213 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,950,000 -- $237 / Sq Ft
Source: SmartMLS

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 $41,327 $1,727,710 $1,727,710 $0
2024 $40,359 $1,727,710 $1,727,710 $0
2023 $43,607 $1,727,710 $1,727,710 $0
2022 $41,178 $1,515,580 $1,515,580 $0
2021 $40,830 $1,515,580 $1,515,580 $0
2020 $39,936 $1,515,580 $1,515,580 $0
2019 $39,936 $1,515,580 $1,515,580 $0
2018 $38,693 $1,515,580 $1,515,580 $0
2017 $52,793 $1,963,280 $1,963,280 $0
2016 $71,444 $2,735,230 $1,963,280 $771,950
2015 $69,557 $2,735,230 $1,963,280 $771,950
2014 $63,773 $2,572,530 $1,963,280 $609,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170291251

SmartMLS

APN: STAM-000002-000000-002187

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