NOT LISTED FOR SALE

Estimated Value: $758,000 - $1,558,000

3 Beds
2.5 Baths
2,507 Sq Ft
$508/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $1,450,000 $578 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,567/month

33 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • 1 Fireplace
  • 1.04 Acre Lot
  • Deck
  • Property is near shops

About This Home

As of August 2024

Direct Waterfront with Private Dock. Welcome to your dream waterfront retreat high and dry with stunning water views of the Mystic River to Masons Island and beyond. This 2,507 Square Foot tri level contemporary boasts Three Bedrooms with Two and one half Bathrooms and is nestled on 1.045 acres with 97 feet of waterfront and a spacious 27' x 8' deck for watching the boats sail by. The open floor plan allows for seamless flow between the living, dining and kitchen areas. Oil Hot Water heating system. Central Air Conditioning with mini-splits on 3rd floor. Natural light floods the space through large windows offering unobstructed water views. Conveniently located between Historic Downtown Mystic and Historic Noank Village. Custom renovation by this owner and first time listed for sale since 1994. Vacation at Home!

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 06/14/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Mike Albert

RE/MAX RISE License #REB.0794019

RE/MAX RISE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,329

Year Built

  • Built in 1963

Lot Details

  • 1.04 Acre Lot
  • Waterfront
  • Property is zoned RS-12

Home Design

  • Split Level Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,507 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Parking

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

Outdoor Features

  • Deck

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1958829

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,329

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 2507
  • Total Sq Ft: 2507
  • Year Built: 1963
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Noank Road to Cedar Road. Property on left and sits back from the road. See Sign.
  • Financing Used: Withheld
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2507
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Heated, Fully Finished, Garage Access, Interior Access, Liveable Space, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Upper Level in Primary Bathroom
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 146

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shake, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage River Walk to Water Dock or Mooring View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Under House Garage

Utilities

  • Cooling System: Central Air, Split System
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Groton Middle School
  • High School: Fitch Senior

Lot Info

  • Acres: 1.04
  • Lot Description: Sloping Lot Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RS-12
  • Parcel #: 1958829

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 18329
  • Total Assessed Value: 724850
  • Mil Rate Total: 25.286

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Groton Middle School
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 19, 2024
Sold by
Rolf D Glasfeld T D and Rolf Dushin
Bought by
Spada Paolo A and Spada Suzanne
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Mike Albert
RE/MAX RISE
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
151
Current Estimated Value
$1,273,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,989
Avg. Annual Appreciation
-11.77%
Original Mortgage
$1,155,138
Outstanding Balance
$1,142,763
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,248

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 16, 2024
Sold by
Glasfeld Elizabeth H Est and Dushin
Bought by
Spada Paolo A and Spada Suzanne
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Mike Albert
RE/MAX RISE
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,138
Outstanding Balance
$1,142,763
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,248

Purchase Details

Closed on
Mar 9, 1994
Sold by
Gencarella Linda B
Bought by
Glasfeld Rolf D and Glasfeld Elizabeth

Purchase Details

Closed on
Oct 28, 1993
Sold by
Flynn Peter
Bought by
Gencarella Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1993
Sold by
Crafton Kathleen
Bought by
Flynn Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.43%
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
Spada Paolo A $725,000 None Available
Spada Paolo A $725,000 None Available
Glasfeld Rolf D $390,000 --
Gencarella Linda B $500,000 --
Flynn Peter $495,000 --
Glasfeld Rolf D $390,000 --
Gencarella Linda B $500,000 --
Flynn Peter $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spada Paolo A $1,155,138
Previous Owner Flynn Peter $375,000
Previous Owner Flynn Peter $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $1,450,000 -3.3% $578 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $1,500,000 -- $598 / 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 $19,730 $724,850 $569,569 $155,281
2024 $18,329 $724,850 $569,569 $155,281
2023 $17,618 $724,850 $503,020 $221,830
2022 $17,233 $724,850 $503,020 $221,830
2021 $18,092 $642,250 $503,020 $139,230
2020 $17,944 $642,250 $503,020 $139,230
2019 $17,167 $642,250 $503,020 $139,230
2018 $16,962 $642,250 $503,020 $139,230
2017 $16,647 $642,250 $503,020 $139,230
2016 $15,145 $630,000 $478,870 $151,130
2015 $14,641 $630,000 $478,870 $151,130
2014 $14,295 $630,000 $478,870 $151,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24025587

SmartMLS

APN: GROT-002618-001304-005527