NOT LISTED FOR SALE

125 Mechanic St Unit 11 Pawcatuck, CT 06379

Estimated Value: $357,810 - $395,000

2 Beds
1.5 Baths
1,120 Sq Ft
$265/mo HOA Fee

Last Sold December 14, 2023

Last sale price $320,000 $286 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,621/month

12 Days on Market

Highlights

  • Deck
  • Mystic Middle School Rated A-
  • Central Air

About This Home

As of December 2023

Welcome home to your new move in ready townhome. Beautiful eat in kitchen with granite counter tops, upgraded stainless steel appliances. Also has a center island for additional seating and a well maintained deck off the kitchen as an extension of space for relaxing. Living room have hardwood floors and plenty of natural sun light. Stackable laundry setup. Total 2 bedrooms, 1 1/2 baths, natural gas heat and central air. Garage is oversized for additional storage or gym equipment. 2 handy water spigots to wash vehicles and plants. Walk to Marinas, downtown Pawcatuck and Westerly's great restaurants and night life. Three miles to the beaches.

Last Agent to Sell the Property

Lori Moore

Northeast Property Group License #RES.0794865 Listed on: 10/24/2023

Last Buyer's Agent

Nassim Saad

RE/MAX on the Bay License #REB.0793615

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 2007

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • 1,120 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 1 Car Garage
  • Parking Deck

Schools

  • Stonington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 2565417

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, pest control, insurance, flood insurance
  • 32 Units
  • Property managed by Northeast Property Group

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,401

Year Built

Built in 2007

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1120
  • Total Sq Ft: 1120
  • Year Built: 2007
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Alterations, Boats, Trailer(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: none planned at this time
  • Public Record Gross Sq Ft: 1980
  • Condo Model Name: Lorraine
  • Directions: Route 1 to Mechanic Street - take right into 125 Mechanic - unit 11
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1120
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Partial With Walk-Out
  • Appliances: Electric Range, Microwave, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Upper level
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 125

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: River Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 3
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Insurance, Flood Insurance
  • Levels In Unit: 3
  • HOA Fees: 265
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: lmoore@neproperty.com
  • Property Manager Name: Lori Moore
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005
  • Total Number of Units In Complex: Prospect Place

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Stonington
  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: NDD1
  • Parcel #: 2565417

Rental Info

  • Pets Allowed Info: 1 dog no more than 20" at
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 32

Tax Info

  • Property Tax: 3401
  • Total Assessed Value: 178500
  • Mil Rate Total: 19.052

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 8, 2023
Sold by
Iste Silvere and Iste Catherine B
Bought by
Robert Bustin Irret and Robert Guild
Seller's Agent
Lori Moore
Northeast Property Group
Buyer's Agent
Nassim Saad
RE/MAX on the Bay
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Views
40
Current Estimated Value
$372,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,953
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Aug 19, 2015
Closed on
Apr 4, 2016
Sold by
Chelsea Groton Bank
Bought by
Iste Silvere and Iste Catherine B
Seller's Agent
Susan Russ
CENTURY 21 Shutters & Sails
Buyer's Agent
Nick Schilke
Schilke Realty, LLC
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Source: Public Records

Range of Values:

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Average Value
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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
Robert Bustin Irret $320,000 None Available
Robert Bustin Irret $320,000 None Available
Iste Silvere $180,000 --
Iste Silvere $180,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $320,000 -2.7% $286 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $329,000 +82.8% $294 / Sq Ft
04/04/2016 04/04/16 Sold $180,000 -10.0% $161 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
08/19/2015 08/19/15 For Sale $199,900 0.0% $178 / Sq Ft
01/02/2013 01/02/13 Rented $1,350 -10.0% --
01/02/2013 01/02/13 Under Contract -- -- --
08/24/2012 08/24/12 For Rent $1,500 -- --
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 $3,549 $178,500 $0 $178,500
2024 $3,400 $178,500 $0 $178,500
2023 $3,401 $178,500 $0 $178,500
2022 $2,896 $113,100 $0 $113,100
2021 $2,901 $113,100 $0 $113,100
2020 $2,846 $113,100 $0 $113,100
2019 $2,840 $113,100 $0 $113,100
2018 $2,744 $113,100 $0 $113,100
2017 $3,715 $150,900 $0 $150,900
2016 $3,614 $150,900 $0 $150,900
2015 $3,392 $150,900 $0 $150,900
2014 $3,318 $150,900 $0 $150,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170606135

SmartMLS

APN: STON-000004-000018-000003-000011