$1,300,000
SOLD AUG 31, 2018
1.06 Acres
$1,226,415 Price per Acre
46,174 Sq Ft Lot

Recently Sold

$1,042 Per Sq Ft

35% Below List Price

61 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 1.06 Acre Lot
  • King's Highway Elementary School Rated A+
  • Home fronts a sound
  • Property is near public transit

About This Lot

As of August 2020

Exceptional waterfront location. Level, dry lot within 2 minutes of train. Soak in water views from all angles to the Long Island Sound or launch a kayak off the private association beach. Watch the boats go by! Enjoy the bird watching. Rare water opportunity in desirable Westport. Award winning schools, vibrant downtown, beautiful beaches, fine arts and theater. Have it all and only 50 minutes to NYC!!

Last Agent to Sell the Property

Donna Beretta

William Raveis Real Estate License #RES.0762391 Listed on: 03/22/2018

William Raveis Real Estate

Last Buyer's Agent

Totney Benson

Coldwell Banker Realty License #RES.0781820

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,534

Lot Details

  • 1.06 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Property is zoned AA

Property Views

  • Water Views

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$25,534

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck Shore
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Pool, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Saugatuck Ave...Duck Pond ...Great marsh
  • Special Features: None

Interior Features

  • Street Number Modifier: 12

Exterior Features

  • Waterfront Description: L. I. Sound Frontage, Access, Beach Rights, View
  • Road Frontage Description: Private Road, Cul-De-Sac
  • Road Frontage Approximate: 100

Utilities

  • Water Source: Public Water Connected
  • Sewer: Septic
  • Utilities Available: Electric, Telephone, Cable
  • Septic Approval: Yes
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Kings Highway
  • Middle School: Coleytown
  • High School: Staples

Lot Info

  • Acres: 1.0600
  • Lot Description: Water View, Corner Lot, Level Lot
  • Flood Zone: Yes
  • Lot Improvements: House(S)
  • Lots Number Of: 1
  • Zoning: AA

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 25534
  • Total Assessed Value: 1514500
  • Mil Rate Base: 16.860
  • Mil Rate Total: 16.860
  • Assessor Parcel Number: 417841

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Aug 5, 2020
Sold by
12 Great Marsh Llc
Bought by
Trudell Brian and Trudell Cynithia
Seller's Agent
Totney Benson
Coldwell Banker Realty
Buyer's Agent
Sergio Orsanigo
BHGRE Gaetano Marra Homes
List Price
$4,099,000
Sold Price
$3,950,000
Premium/Discount to List
-$149,000
-3.64%
Current Estimated Value
$6,687,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,737,304
Avg. Annual Appreciation
9.49%

Purchase Details

Listed on
Mar 22, 2018
Closed on
Sep 5, 2018
Sold by
Spiekermann Paul H Est
Bought by
12 Great Marsh Llc
Seller's Agent
Donna Beretta
William Raveis Real Estate
Buyer's Agent
Totney Benson
Coldwell Banker Realty
List Price
$1,999,000
Sold Price
$1,300,000
Premium/Discount to List
-$699,000
-34.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.81%
Original Mortgage
$845,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $3,950,000 None Available
Warranty Deed $3,950,000 None Available
Executors Deed $566,410 --
Executors Deed $566,410 --
Deed $733,590 --
Deed $733,590 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,290,650 Stand Alone Refi Refinance Of Original Loan
Previous Owner $845,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $3,950,000 -1.2% $601 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $3,999,000 -2.4% $609 / Sq Ft
04/29/2020 04/29/20 For Sale $4,099,000 +215.3% $624 / Sq Ft
08/31/2018 08/31/18 Sold $1,300,000 -7.1% $1,042 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $1,399,000 -0.1% $1,121 / Sq Ft
05/08/2018 05/08/18 Price Changed $1,400,000 -12.4% $1,122 / Sq Ft
04/11/2018 04/11/18 Price Changed $1,599,000 -20.0% $1,281 / Sq Ft
03/22/2018 03/22/18 For Sale $1,999,000 -- $1,602 / 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 $50,592 $2,682,500 $1,108,100 $1,574,400
2024 $49,948 $2,682,500 $1,108,100 $1,574,400
2023 $49,224 $2,682,500 $1,108,100 $1,574,400
2022 $48,473 $2,682,500 $1,108,100 $1,574,400
2021 $48,473 $2,682,500 $1,108,100 $1,574,400
2020 $46,511 $2,783,400 $1,364,600 $1,418,800
2019 $25,534 $1,514,500 $1,364,600 $149,900
2018 $25,534 $1,514,500 $1,364,600 $149,900
2017 $25,534 $1,514,500 $1,364,600 $149,900
2016 $25,534 $1,514,500 $1,364,600 $149,900
2015 $25,684 $1,419,800 $1,260,000 $159,800
2014 $25,471 $1,419,800 $1,260,000 $159,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170064932

SmartMLS

APN: WPOR-000003B-000000-000016