116 Cove Rd Stonington, CT 06378
Mystic Neighborhood
3
Beds
3.5
Baths
3,368
Sq Ft
0.71
Acres
Highlights
- Sub-Zero Refrigerator
- Waterfront
- Ranch Style House
- Mystic Middle School Rated A-
- Open Floorplan
- Attic
About This Home
As of August 2024Spectacular direct waterfront home on one of the prettiest scenic roads in Stonington. This .71 acre lot has over 200' of access to Quiambaug Cove w/a private dock & is out of the flood zone. A coveted single story w/over 3,000 sq.ft. of living space has been thoughtfully updated. Entering the home through the covered porch you are greeted by a light filled foyer that illuminates the flow of the home. The renovated chef's kitchen has inset shaker cabinetry with built-in Miele appl. & is set off by the thick slab of marble on the island. French doors lead onto the rear deck w/pergola where indoor & outdoor living flow seamlessly together. A formal living room w/cathedral ceilings & fireplace opens into both a sunroom & dining that all have unobstructed water views from every window. One side of the home you have a large primary suite with lofted ceilings, walk-in closet and oversized bath & on the other you have additional 2 generous sized bedrooms & full bath. There is a study with built-ins and pine walls, office space as well as a 1/2 bath that finishes off the main level. On the lower level there is a 2nd living space with another full bath. A historic stone wall outlines the property & a stately wrap-around driveway gives access to 4 garage spaces. The rear yard offers resort living w/a large private patio overlooking the cove. Stroll down to your boat and access the Sound and Fishers Island in minutes. Prime location between Mystic & the Borough, this is a rare find.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #REB.0789221 Listed on: 06/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,721
Year Built
- Built in 1961
Lot Details
- 0.71 Acre Lot
- Waterfront
- Stone Wall
- Garden
- Property is zoned RA-40
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Vinyl Siding
- Radon Mitigation System
Interior Spaces
- Open Floorplan
- Sound System
- 2 Fireplaces
- Thermal Windows
- French Doors
- Entrance Foyer
Kitchen
- Electric Range
- Microwave
- Sub-Zero Refrigerator
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Attic
- Unfinished Attic
- Attic or Crawl Hatchway Insulated
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
Parking
- 4 Car Garage
- Automatic Garage Door Opener
Outdoor Features
- Covered Deck
- Rain Gutters
Schools
- Deans Mill Elementary School
- Stonington High School
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Private Company Owned Well
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2079838
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Aug 16, 2024
Sold by
Bellavance & Gates Llc
Bought by
Richard Fritz Lance Ret and Lance
Seller's Agent
Jon Arruda
William Pitt Sotheby's Int'l
Buyer's Agent
Amanda Polansky
RE/MAX Coast and Country
List Price
$2,400,000
Sold Price
$2,075,000
Premium/Discount to List
-$325,000
-13.54%
Total Days on Market
56
Views
108
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
-$106,882
Avg. Annual Appreciation
-6.81%
Purchase Details
Closed on
Oct 17, 2023
Sold by
Gates Tomas B Est and Chelsea Groton Bank
Bought by
Bellavance & Gates Llc
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,075,000 | None Available | |
| Warranty Deed | $2,075,000 | None Available | |
| Commissioners Deed | $615,000 | None Available | |
| Commissioners Deed | $615,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | No Value Available | |
| Previous Owner | $570,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $2,075,000 | -13.5% | $616 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 06/06/2024 06/06/24 | For Sale | $2,400,000 | -- | $713 / 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 |
|---|---|---|---|---|
| 2024 | $13,721 | $737,700 | $357,800 | $379,900 |
| 2023 | $13,647 | $737,700 | $357,800 | $379,900 |
| 2022 | $12,906 | $518,100 | $288,000 | $230,100 |
| 2021 | $13,004 | $518,100 | $288,000 | $230,100 |
| 2020 | $12,750 | $518,100 | $288,000 | $230,100 |
| 2019 | $5,076 | $518,100 | $288,000 | $230,100 |
| 2018 | $12,346 | $518,100 | $288,000 | $230,100 |
| 2017 | $4,657 | $525,900 | $308,600 | $217,300 |
| 2016 | $12,285 | $525,900 | $308,600 | $217,300 |
| 2015 | $11,712 | $525,900 | $308,600 | $217,300 |
| 2014 | $11,165 | $525,900 | $308,600 | $217,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Arruda
Seller's Agent in 2024
Jon Arruda
William Pitt
20 in this area
177 Total Sales
-
Amanda Polansky
Buyer's Agent in 2024
Amanda Polansky
RE/MAX
(203) 545-3436
1 in this area
45 Total Sales
Map
Source: SmartMLS
MLS Number: 24019786
APN: STON-000131-000002-000010
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