NOT LISTED FOR SALE

11 Riverside Dr Waterford, CT 06385

Estimated Value: $1,016,000 - $1,080,000

3 Beds
2.5 Baths
1,590 Sq Ft
$660/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $379,500 $239 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,932/month

88 Days on Market

Highlights

  • Beach Front
  • 1 Fireplace
  • Cul-De-Sac
  • Waterford High School Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of December 2017

Invest for Income and Live on Niantic River: Unique Niantic River property- Deep Water/ sandy beach beach, yard ; two year-round cottages: 1 br, 1 bath cottage on the river; 2 story. 2 br, 1.5 bath cottage on the bluff above. Very protected. Full views of river and Oswegatchie Hills woodland across the river. Includes deeded right of way to waterfront for easy boat launch. These cottages have earned good monthly revenue for 30 years. This is an investment with great cash return perfect for boat and beach lovers. AND NOW the owners are offering the opportunity to bundle this property with the adjacent buildable lot.
The waterfront cottage has 391 sq. ft and the house has 1199 sq ft which includes the heated porch. Total sq. ft for both properties 1590.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 03/31/2017

RE/MAX on the Bay

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 03/31/2017

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,017

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front
  • River Front
  • Cul-De-Sac
  • Property is zoned R-20W

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Partial Basement
  • Storm Doors

Kitchen

  • Oven or Range
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Oswegatchie Elementary School
  • Clark Lane Middle School
  • Waterford High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,017

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 1590
  • Year Built: 1926
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Boston Post Rd to Oswegatchie Rd to Riverside Dr. As the road bends to the left, go straight down the private road. Property is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Oven/Range, Refrigerator
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Porch-Enclosed, Gutters, Lighting, Patio, Porch
  • Exterior Siding: Wood
  • Waterfront Description: Direct Waterfront, River, Beach, Beach Rights
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Gravel, Paved

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Oswegatchie
  • High School: Waterford
  • Intermediate School: Clark Lane

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.1200
  • Lot Description: On Cul-De-Sac, Water View
  • Flood Zone: Yes
  • Zoning: R-20W

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 9017
  • Total Assessed Value: 349080
  • Mil Rate Total: 25.830
  • Assessor Parcel Number: 1590034

MLS Schools

  • Elementary School: Oswegatchie
  • High School: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Hale Mark H and Hale Patricia M
Bought by
Hale T T and Hale H
Current Estimated Value
$1,049,843

Purchase Details

Listed on
Mar 31, 2017
Closed on
Dec 6, 2017
Sold by
Matthews Cynthia A Est and Matthews
Bought by
Hale Mark H and Hale Patricia M
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$449,000
Sold Price
$379,500
Premium/Discount to List
-$69,500
-15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$341,550
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Matthews William A
Bought by
Matthews Cynthia
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
Hale T T -- None Available
Hale T T -- None Available
Hale T T -- None Available
Hale Mark H $189,752 --
Hale Mark H -- --
Hale Mark H $189,752 --
Matthews Cynthia $66,000 --
Hale Mark H $189,752 --
Matthews Cynthia $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Cynthia $341,550
Previous Owner Matthews Cynthia $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2017 12/06/17 Sold $379,500 0.0% $239 / Sq Ft
09/30/2017 09/30/17 Price Changed $379,500 -4.5% $239 / Sq Ft
09/09/2017 09/09/17 Price Changed $397,500 -6.4% $250 / Sq Ft
09/07/2017 09/07/17 Price Changed $424,900 -5.4% $267 / Sq Ft
07/18/2017 07/18/17 For Sale $449,000 0.0% $282 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/13/2017 06/13/17 Price Changed $449,000 -9.7% $282 / Sq Ft
03/31/2017 03/31/17 For Sale $497,500 -- $313 / 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 $16,336 $699,310 $495,220 $204,090
2024 $11,637 $521,840 $450,000 $71,840
2023 $11,987 $565,430 $450,000 $115,430
2022 $9,650 $350,150 $264,320 $85,830
2021 $9,678 $350,150 $264,320 $85,830
2020 $9,759 $350,150 $264,320 $85,830
2019 $9,797 $350,150 $264,320 $85,830
2018 $9,601 $350,150 $264,320 $85,830
2017 $9,436 $349,080 $264,320 $84,760
2016 $9,348 $349,080 $264,320 $84,760
2015 $9,017 $349,080 $264,320 $84,760
2014 $8,657 $349,080 $264,320 $84,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10208150

SmartMLS

APN: WATE-000114-000000-006581