NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,098,735

2 Beds
2 Baths
1,306 Sq Ft
$484/mo HOA Fee

Last Sold May 18, 2022

Last sale price $950,000 $727 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,809/month

9 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • Laundry Room
  • The property is located in a historic district
  • Walking Distance to Water
  • Entrance Foyer

About This Home

As of May 2022

Historic Downtown Mystic. The Iconic Power House. Water Views! Elegant One-Level living at it's best. Beautifully renovated Two Bedrooms with 2 Full Baths. Third floor corner unit with 14' Private Balcony and Water Views. The only unit available in this very desirable building. Enjoy the Antique and Classic Boat Parade and the Winter Boat Parade from the comfort of your own home. Exquisite craftsmanship by experienced local builder, renovation includes custom cabinetry, Ivory Cascade Granite Countertops, Adura Luxury Tile Flooring and elegant fixtures. This is a secured elevator building and a great in-town Location, adjacent marina. Enjoy get togethers at your common waterfront seating area or from your private deck. One Private parking space in the covered garage and additional parking in Private Parking Lot. Light, Bright and Open interior, Near Deep Water Marinas, Unique Resort Shopping and Fine Restaurants. Pet friendly with Board Approval. Live a Dream.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 03/08/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Vivian Senft

Coldwell Banker Realty License #RES.0765512

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1830

HOA Fees

  • $484 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Garage Space

Location

  • Flood Zone Lot
  • Property is near shops
  • The property is located in a historic district

Schools

  • S.B. Butler Elementary School
  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • River Front

Community Details

  • Association fees include grounds maintenance, snow removal, property management, insurance
  • 12 Units
  • The Power House Community
  • Property managed by Northeast Property Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,883

Year Built

Built in 1830

Lot Details

0

HOA Fees

$484 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1306
  • Public Record Living Room Sq Ft: 1306
  • Total Sq Ft: 1306
  • Year Built: 1830
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1306
  • Tax Year Updated Dt: 03/01/2022
  • Directions: West Main St. to Water St. Past Mystic Art Assoc. and behind new Mystic Art Assoc. building.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: First Floor Laundry Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 15 1/2

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Brick
  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Covered Garage, Assigned Parking, Parking Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Insurance
  • Complex Name: The Power House
  • Levels In Unit: 1
  • HOA Fees: 484
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Email: cmyers@neproperty.com
  • Property Manager Name: Chris Myers
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Schools

  • Elementary School: S.B. Butler
  • Middle School: Groton Middle School
  • High School: Fitch Senior

Lot Info

  • Lot Description: Historic District, Level Lot
  • Flood Zone: Yes
  • Zoning: MDD

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8883
  • Total Assessed Value: 315350
  • Mil Rate Base: 25.980
  • Mil Rate Tax District: 2.190
  • Mil Rate Total: 28.170
  • Assessor Parcel Number: 2239767

Multi Family

  • Total Num Of Units: 12

MLS Schools

  • Elementary School: S.B. Butler
  • Middle Jr High School: Groton Middle School
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 13, 2022
Sold by
Prior Kevin and Prior Christina R
Bought by
Karen Lynn Bromley Lt
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Vivian Senft
Coldwell Banker Realty
List Price
$949,000
Sold Price
$950,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$977,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,245
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Caracausa Judith M
Bought by
Prior Kevin and Prior Christina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Day Virginia E
Bought by
Caracausa Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Karen Lynn Bromley Lt $950,000 None Available
Prior Kevin $483,000 --
Caracausa Judith M $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prior Kevin $235,000
Previous Owner Caracausa Judith M $50,000
Previous Owner Caracausa Judith M $292,000
Previous Owner Caracausa Judith M $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $950,000 +0.1% $727 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $949,000 0.0% $727 / Sq Ft
11/11/2014 11/11/14 Rented $2,000 0.0% --
11/11/2014 11/11/14 Under Contract -- -- --
10/01/2014 10/01/14 For Rent $2,000 0.0% --
10/02/2013 10/02/13 Rented $2,000 0.0% --
09/30/2013 09/30/13 Under Contract -- -- --
07/28/2013 07/28/13 For Rent $2,000 -- --
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 $12,509 $459,550 $137,865 $321,685
2024 $11,620 $459,550 $137,865 $321,685
2023 $11,170 $459,550 $0 $459,550
2022 $10,925 $459,550 $0 $459,550
2021 $8,883 $315,350 $0 $315,350
2020 $8,811 $315,350 $0 $315,350
2019 $8,429 $315,350 $0 $315,350
2018 $8,328 $315,350 $0 $315,350
2017 $8,174 $315,350 $0 $315,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170470594

SmartMLS

APN: GROT-002619-001830-007079-000011