Seller's Agent in 2020
Larry Burns
Compass Connecticut, LLC
(401) 222-0656
1 in this area
65 Total Sales
1130 River Rd Mystic, CT 06355
Old Mystic NeighborhoodEstimated Value: $1,243,000 - $2,084,562
6
Beds
4.5
Baths
3,539
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- Detached Guest House
- River Front
- Colonial Architecture
- Barn
- 1.09 Acre Lot
- Deck
About This Home
As of October 2020Welcome to Mystic’s hidden waterfront! This historic residence is tucked away on a private cove on the most scenic road in Mystic. Enjoy incredible views of the Mystic River and unspoiled marshlands and abounding wildlife. From your tranquil perch on over an acre of land, it will be hard to imagine that downtown Mystic is only a short ride away with its vibrant restaurants, boating and cultural scene. With your own private dock, floating down the river to lunch will be a tempting option!
The main residence features five bedrooms and three and a half bathrooms with generously proportioned rooms that are laid out in a manner that takes maximum advantage of the views. A sweeping covered porch wraps around the main level and provides the perfect shady spot to enjoy a lazy summer day. An equally expansive deck on the second level will indulge sunbathers with a fresh ocean breeze and a sea captain’s view. Built in 1891, the home has been meticulously maintained with many major upgrades along the way.
A former barn has been converted into a two-car garage with a delightful one-bedroom guest suite above, ideal for a romantic getaway or a discreet Airbnb. If that’s not enough, to add to the magic there’s a magnificent boathouse right on the river that will inspire both the hobbyist and the entertainer with a rich nautical palette.
Last Agent to Sell the Property
Compass Connecticut, LLC License #RES.0801512 Listed on: 03/01/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,575
Year Built
- Built in 1891
Lot Details
- 1.09 Acre Lot
- River Front
- Secluded Lot
- Property is zoned RU-80
Home Design
- Colonial Architecture
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Clap Board Siding
Interior Spaces
- 3,539 Sq Ft Home
- 2 Fireplaces
- French Doors
- Water Views
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 2 Car Detached Garage
- Parking Deck
- Automatic Garage Door Opener
- Circular Driveway
Outdoor Features
- Wrap Around Balcony
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
- Wrap Around Porch
Location
- Flood Zone Lot
- Property is near shops
- Property is near a golf course
Schools
- Northeast Academy Elementary School
- Fitch Senior High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Oil
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Additional Features
- Detached Guest House
- Barn
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2020
Closed on
Sep 9, 2020
Sold by
Riverview Cottage Llc
Bought by
Robert Allen Butler Lt and Butler
Seller's Agent
Larry Burns
Compass Connecticut, LLC
Buyer's Agent
Larry Burns
Compass Connecticut, LLC
List Price
$1,695,000
Sold Price
$1,175,000
Premium/Discount to List
-$520,000
-30.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,641
Avg. Annual Appreciation
7.75%
Original Mortgage
$940,000
Outstanding Balance
$834,188
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$890,453
Purchase Details
Closed on
May 12, 2010
Sold by
Moukawsher Thomas G
Bought by
River View Cottage Llc
Purchase Details
Closed on
May 21, 1996
Sold by
Thomas Conrad H
Bought by
Moukawsher Thomas G and Kamradt Elizabeth
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert Allen Butler Lt | $1,175,000 | None Available | |
| River View Cottage Llc | -- | -- | |
| Moukawsher Thomas G | $254,090 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robert Allen Butler Lt | $940,000 | |
| Previous Owner | Moukawsher Thomas G | $648,400 | |
| Previous Owner | Moukawsher Thomas G | $500,000 | |
| Previous Owner | Moukawsher Thomas G | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2020 10/13/20 | Sold | $1,175,000 | -30.7% | $332 / Sq Ft |
| 07/09/2020 07/09/20 | Pending | -- | -- | -- |
| 03/01/2020 03/01/20 | For Sale | $1,695,000 | -- | $479 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $26,077 | $954,870 | $596,533 | $358,337 |
| 2024 | $24,426 | $954,870 | $596,533 | $358,337 |
| 2023 | $22,913 | $934,080 | $442,960 | $491,120 |
| 2022 | $22,406 | $920,150 | $443,030 | $477,120 |
| 2021 | $21,809 | $755,160 | $467,110 | $288,050 |
| 2020 | $21,575 | $755,160 | $467,110 | $288,050 |
| 2019 | $20,654 | $755,160 | $467,110 | $288,050 |
| 2018 | $20,442 | $755,160 | $467,110 | $288,050 |
| 2017 | $20,072 | $755,160 | $467,110 | $288,050 |
| 2016 | $18,964 | $768,390 | $508,410 | $259,980 |
| 2015 | $18,326 | $768,390 | $508,410 | $259,980 |
| 2014 | $17,811 | $768,390 | $508,410 | $259,980 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Burns
Map
Source: SmartMLS
MLS Number: 170275541
APN: GROT-002710-001552-008556
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