Seller's Agent in 2022
Thomas Switz
Switz Real Estate Associates
(860) 572-9501
130 in this area
279 Total Sales
131C Farmholme Rd Stonington, CT 06378
Estimated Value: $891,000 - $1,197,000
4
Beds
4.5
Baths
3,964
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- 8.91 Acre Lot
- Contemporary Architecture
- 1 Fireplace
- Mystic Middle School Rated A-
- Secluded Lot
- No HOA
About This Home
As of October 2022One of a kind, contemporary, secluded, hilltop estate on 8.91 acres with amazing water views out to Long Island Sound. Open main floor plan has a gourmet kitchen with a large granite island and high-end appliances. The kitchen connects to a spacious dining/living/family room centered around the fireplace and equipped with a bar. Large windows allow plenty of natural light into the living area. French Doors lead out to a large wrap around deck with a gazebo, perfect for entertaining. There are 3 bedrooms on the main floor, one with an ensuite bath and two sharing a Jack and Jill bath. The first floor also has a half bath and a large laundry room. The top floor consists of the spacious owner's suite with a luxurious bathroom, oversized walk-in closet, built-in vanity area and a balcony with views out to Long Island. The walk out lower level has a game room, office, mud room/ storage space and full bath. Exquisite wood ceilings throughout the home add character and make the house a true work of art. The almost 9 acres of land has walking trails which can also be used for any 4 wheel off road toys. The roof, furnace and septic were new in 2010. 2 car attached garage along with 2 large storage sheds located on the grounds give you all the additional storage space you want. Terrific location just north of Rte. 1 in Stonington makes it a quick drive to Stonington Borough, downtown Westerly or Mystic where you can enjoy all the fine restaurants, shopping, beaches, marinas and events!
Last Agent to Sell the Property
Switz Real Estate Associates License #REB.0757584 Listed on: 07/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,997
Year Built
- Built in 1976
Lot Details
- 8.91 Acre Lot
- Secluded Lot
- Level Lot
- Open Lot
- Many Trees
- Property is zoned RR-80
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
- Home Security System
Kitchen
- Oven or Range
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Compactor
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
Outdoor Features
- Wrap Around Balcony
- Shed
Schools
- Stonington High School
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Private Company Owned Well
- Oil Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Oct 11, 2022
Sold by
Springer Justin M
Bought by
Phelps Nathan and Phelps Julia
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Dawn Cullity
William Pitt Sotheby's Int'l
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Views
59
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
$192,489
Avg. Annual Appreciation
7.02%
Original Mortgage
$720,000
Outstanding Balance
$692,766
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,476
Purchase Details
Closed on
Sep 28, 2020
Sold by
Prado Ana M
Bought by
Springer Justin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,250
Interest Rate
2.9%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 3, 2004
Sold by
Felstead Stephen and Felstead Fiona
Bought by
Relocation Resource In
Purchase Details
Closed on
Jan 20, 2004
Sold by
Relocation Resource In
Bought by
Farmholme Rd T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phelps Nathan | $900,000 | None Available | |
| Phelps Nathan | $900,000 | None Available | |
| Springer Justin M | -- | None Available | |
| Springer Justin M | -- | None Available | |
| Relocation Resource In | $800,000 | -- | |
| Relocation Resource In | $800,000 | -- | |
| Farmholme Rd T | $800,000 | -- | |
| Farmholme Rd T | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phelps Nathan | $720,000 | |
| Closed | Phelps Nathan | $720,000 | |
| Previous Owner | Springer Justin M | $684,250 | |
| Previous Owner | Springer Justin M | $684,250 | |
| Previous Owner | Hoops Ana M | $294,000 | |
| Previous Owner | Hoops Ana M | $100,000 | |
| Previous Owner | Prado Ana M | $276,000 | |
| Previous Owner | Farmholme Rd T | $100,000 | |
| Previous Owner | Farmholme Rd T | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $900,000 | -7.7% | $227 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 08/11/2022 08/11/22 | Price Changed | $975,000 | -11.4% | $246 / Sq Ft |
| 07/15/2022 07/15/22 | For Sale | $1,100,000 | -- | $277 / 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 |
|---|---|---|---|---|
| 2025 | $10,795 | $563,700 | $187,300 | $376,400 |
| 2024 | $10,333 | $563,700 | $187,300 | $376,400 |
| 2023 | $10,237 | $563,700 | $187,300 | $376,400 |
| 2022 | $9,997 | $408,200 | $154,800 | $253,400 |
| 2021 | $10,078 | $408,200 | $154,800 | $253,400 |
| 2020 | $9,866 | $408,200 | $154,800 | $253,400 |
| 2019 | $9,932 | $408,200 | $154,800 | $253,400 |
| 2018 | $9,597 | $408,200 | $154,800 | $253,400 |
| 2017 | $9,668 | $405,200 | $154,800 | $250,400 |
| 2016 | $9,344 | $405,200 | $154,800 | $250,400 |
| 2015 | $8,943 | $405,200 | $154,800 | $250,400 |
| 2014 | $8,582 | $405,200 | $154,800 | $250,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2022
Alexi Switz
Switz Real Estate Associates
(860) 884-2035
8 in this area
10 Total Sales
-
Buyer's Agent in 2022
Dawn Cullity
William Pitt
(860) 531-2303
1 in this area
32 Total Sales
Map
Source: SmartMLS
MLS Number: 170506635
APN: STON-000059-000002-000002
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