NOT LISTED FOR SALE

12 Riverside Place Gales Ferry, CT 06335

Gales Ferry Neighborhood

Estimated Value: $689,000 - $951,000

4 Beds
3 Baths
2,959 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $850,000 $287 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,282/month

Highlights

  • Waterfront
  • Victorian Architecture
  • Wrap Around Porch
  • Deck
  • 2 Fireplaces
  • Patio

About This Home

As of September 2023

Wonderful opportunity to make this beautiful waterfront Victorian your very own private oasis. Charm galore with wrap-around porch to enjoy cool summer breezes and stunning sunsets over the Thames River. Perfect home for entertaining. Situated on a cul-de-sac in Gales Ferry Village, this is a fantastic location from which to watch the annual Yale-Harvard Regatta each June. Comes with dock, greenhouse and a 2-car detached garage. Only a twenty minute drive to downtown Mystic. Conveniently located between New York City and Boston, with easy access to TF Green, Bradley and Tweed airports. This is a must-see home!

Last Agent to Sell the Property

Elizabeth Johnstone

Berkshire Hathaway NE Prop. License #RES.0815259 Listed on: 08/05/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Stephano Stravoravdis

Real Broker CT, LLC License #RES.0807925

Real Broker CT, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,180

Year Built

  • Built in 1903

Lot Details

  • 0.55 Acre Lot
  • Waterfront
  • Stone Wall
  • Garden
  • Property is zoned R20

Home Design

  • Victorian Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,959 Sq Ft Home
  • 2 Fireplaces
  • Partial Basement
  • Laundry on main level

Kitchen

  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Ledyard High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1512806

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,180

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Victorian
  • Sq Ft Est Heated Above Grade: 2959
  • Total Sq Ft: 2959
  • Year Built: 1903
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5299
  • Directions: Route 12 to Hurlbutt Road. Go to the end and turn left on Riverside Place, home is on the right at the end of the cul-de-sac past Yale Boathouse.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2959
  • Spec Assoc Asses: No
  • Street Type: Place
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Partial
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Range Hood, Refrigerator, Dishwasher, Disposal, Wine Chiller
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Patio, Porch, Porch-Wrap Around, Stone Wall
  • Exterior Siding: Other
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Dock or Mooring View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Ledyard

Lot Info

  • Acres: 0.55
  • Lot Description: On Cul-De-Sac Historic District Water View Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R20
  • Parcel #: 1512806

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10180
  • Total Assessed Value: 294562
  • Mil Rate Total: 34.56

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 12, 2023
Sold by
Elford David A and Elford Carol A
Bought by
Foley Jeffrey and Savage Kimberly L
Seller's Agent
Elizabeth Johnstone
Berkshire Hathaway NE Prop.
Buyer's Agent
Stephano Stravoravdis
Real Broker CT, LLC
List Price
$850,000
Sold Price
$850,000
Views
81
Current Estimated Value
$804,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,528
Avg. Annual Appreciation
-3.90%
Original Mortgage
$726,200
Outstanding Balance
$712,505
Interest Rate
7.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$73,769

Purchase Details

Listed on
Aug 5, 2023
Closed on
Jul 26, 2023
Sold by
David A Elford Ret and Elford
Bought by
Elford Carol A
Seller's Agent
Elizabeth Johnstone
Berkshire Hathaway NE Prop.
Buyer's Agent
Stephano Stravoravdis
Real Broker CT, LLC
List Price
$850,000
Sold Price
$850,000
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$712,505
Interest Rate
7.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$73,769

Purchase Details

Closed on
Jul 15, 1998
Sold by
Stark C Couter Est and Gray
Bought by
Elford David H and Elford Carol A
Source: Public Records

Range of Values:

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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
Foley Jeffrey -- None Available
Foley Jeffrey -- None Available
Elford Carol A -- None Available
Elford Carol A -- None Available
Elford Carol A -- None Available
Elford David H $307,000 --
Elford David H $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Jeffrey $189,000
Closed Foley Jeffrey $200,000
Open Foley Jeffrey $726,200
Closed Foley Jeffrey $726,200
Previous Owner Elford David H $28,000
Previous Owner Elford David H $134,000
Previous Owner Elford David H $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $850,000 0.0% $287 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $850,000 -- $287 / 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 $10,888 $293,162 $128,312 $164,850
2024 $10,372 $294,562 $128,312 $166,250
2023 $10,180 $294,562 $128,312 $166,250
2022 $9,962 $294,562 $128,312 $166,250
2021 $9,897 $294,562 $128,312 $166,250
2020 $10,411 $297,710 $130,340 $167,370
2019 $10,438 $297,710 $130,340 $167,370
2018 $10,208 $297,710 $130,340 $167,370
2017 $9,687 $297,710 $130,340 $167,370
2016 $9,497 $297,710 $130,340 $167,370
2015 $9,050 $297,710 $130,340 $167,370
2014 $12,829 $423,500 $260,260 $163,240
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Johnstone

    Seller's Agent in 2023

    Elizabeth Johnstone

    Berkshire Hathaway Home Services

    (860) 287-1641

    2 in this area

    29 Total Sales

    Elizabeth Johnstone
    Section Image
  • Stephano Stravoravdis

    Buyer's Agent in 2023

    Stephano Stravoravdis

    Real Broker CT, LLC

    (860) 801-2087

    4 in this area

    150 Total Sales

    Stephano Stravoravdis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170580909

SmartMLS

APN: LEDY-000090-002070-000012

Connecticut New London County Gales Ferry 06335 Gales Ferry

12 Riverside Place, Gales Ferry, CT

This home is located at 12 Riverside Place, Gales Ferry, CT 06335 since 05 August 2023 and is currently estimated at $804,472, approximately $271 per square foot. This property was built in 1903. 12 Riverside Place is a home located in New London County with nearby schools including Ledyard Middle School, Ledyard High School, and Academy Of St Therese.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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