NOT LISTED FOR SALE

12 Niles Rd Mystic, CT 06355

Estimated Value: $2,394,000 - $2,795,000

0.37 Acres
$6,893,773 Price per Acre
16,117 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $655,000 $218 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $15,899/month

21 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Stonington Middle School Rated A-
  • Level Lot

About This Lot

As of February 2021

DIRECT WATERFRONT APPROVED BUILDING LOT ON THE VERY DESIRABLE NORTH END OF MASONS ISLAND. ENJOY UNOBSTRUCTED WATER VIEWS OF THE MYSTIC RIVER. .37 LEVEL ACRE LOT WITH 67' OF WATERFRONT ON THE MYSTIC RIVER AND 100' OF ROAD FRONTAGE ON NILES ROAD. AE FLOOD ZONE. HOUSE CAN BE APPROX. 3200 SQ. FT. SETBACKS: 30' STREET, 40' REAR, 15' SIDES. ASSOCIATIN FEE $300/YR.
JUST A SHORT DISTANCE TO HISTORIC DOWNTOWN MYSTIC AND STONINGTON BOROUGH TO ENJOY FINE RESTAURANTS, DEEP WATER MARINAS AND UNIQUE AND FUN SHOPPING. NEAR AMTRACK TRAIN STATION AND NEWLY RENOVATED YMCA. BUILD YOUR DREAM HOME AND LIVE A DREAM EVERY DAY!
DESIGN AND BUILD ON MASONS ISLAND TODAY.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 11/16/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 11/16/2020

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,358

Lot Details

  • 16,117 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Property is zoned RM-15

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Deans Mill Elementary School
  • Mystic Middle School
  • Stonington High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Water Views
  • Flood Zone Lot

Property Details

Property Type

Land

Est. Annual Taxes

$11,358

Lot Details

0.37 Acres

HOA Fees

$25 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Library, Medical Facilities, Park, Private Rec Facilities
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Rt. 1 to Mason's Island Rd. 3rd right on to Old North Rd. Continue to Niles Rd.
  • Special Features: None

Exterior Features

  • Waterfront Description: Direct Waterfront, Frontage, Harbor, View
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3700
  • Lot Description: In Subdivision, In Flood Zone, Water View, Level Lot
  • Flood Zone: Yes
  • Lots Number Of: 1
  • Zoning: RM-15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11358
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 1.250
  • Assessor Parcel Number: 2077808

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Mystic
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Niles Hld Llc
Bought by
Caiola Renee D
Current Estimated Value
$2,550,696

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 23, 2021
Sold by
Masons Island Co
Bought by
Niles Holdings Llc
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$750,000
Sold Price
$655,000
Premium/Discount to List
-$95,000
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caiola Renee D -- None Available
Caiola Renee D -- None Available
Niles Holdings Llc $655,000 None Available
Niles Holdings Llc $655,000 None Available
Niles Holdings Llc $655,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $655,000 -12.7% $218 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $750,000 -- $250 / 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 $26,930 $1,389,600 $728,900 $660,700
2024 $25,847 $1,389,600 $728,900 $660,700
2023 $22,986 $1,242,500 $728,900 $513,600
2022 $11,496 $461,500 $461,500 $0
2021 $11,584 $461,500 $461,500 $0
2020 $11,358 $461,500 $461,500 $0
2019 $11,358 $461,500 $461,500 $0
2018 $10,998 $461,500 $461,500 $0
2017 $11,340 $471,900 $471,900 $0
2016 $11,024 $471,900 $471,900 $0
2015 $10,509 $471,900 $471,900 $0
2014 $10,018 $471,900 $471,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2021

    Judi Caracausa

    William Pitt

    (860) 912-9903

    53 in this area

    161 Total Sales

    Judi Caracausa
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Map

Source: SmartMLS

MLS Number: 170349279

SmartMLS

APN: STON-000181-000002-000007C

Connecticut New London County Mystic 06355

12 Niles Rd, Mystic, CT

Not Listed for Sale

Lots

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