NOT LISTED FOR SALE

15 1/2 Water St Unit 3 Mystic, CT 06355

Mystic Historic District Neighborhood

Estimated Value: $711,000 - $873,000

2 Beds
2 Baths
1,306 Sq Ft
$612/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $619,000 $474 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,826/month

Highlights

  • Waterfront
  • End Unit
  • Laundry Room
  • Ranch Style House
  • Elevator
  • Awning

About This Home

As of June 2024

DOWNTOWN MYSTIC - Furnished or unfurnished Year Round Rental. Waterfront Building. Move right in to this immaculate ONE LEVEL condo in the Heart of Historic Downtown Mystic. First floor 2 bedroom, 2 full bath corner one level condo. Located in the Iconic Power House in Historic Downtown Mystic. Beautifully Renovated 2016 and 2022, includes new kitchen, stainless steel appliances and Canadian hard wood grey-brown glistening wood floors. All new windows, new custom plantation shutters, new bathrooms, secured elevator building, central AC, parking available in private parking lot. Efficient electric heat pump. Several recent updates to this building and condo. Adjacent Deep Water Marina for docking your boat. Located in the heart of Historic Downtown near unique shops and fine restaurants. Wonderful outdoor common-shared seating area at water's edge for fun outdoor gatherings and watching the boats sail by. Immediate occupancy available. Parking in private parking lot. Live a dream in Historic Downtown Mystic. No Pets Allowed.

Last Agent to Rent the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 05/07/2024

William Pitt Sotheby's Int'l

Last Renter's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 05/07/2024

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,966

Year Built

  • Built in 1830

Lot Details

  • Waterfront
  • Property is zoned MDD

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Masonry Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • Awning

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2239766

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, property management, flood insurance
  • Property managed by North East Property Group

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,966

Year Built

Built in 1830

Lot Details

0

HOA Fees

$530 per month

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished, Yearly Furnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Mystic
  • Property Type: Residential Rental
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1306
  • Total Sq Ft: 1306
  • Year Built: 1830
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Association Amenities: Elevator
  • Property Sub Type: Condominium Rental
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Special Assessment Details: Elevator
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1306
  • Directions: Rt. 1 into Mystic. Water St. Building on left.
  • Living Area Sq Ft Per Public Record: 1306
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Tenant Responsibility: Air Conditioning All Utilities Cable TV Credit Check Electricity Heat Hot Water Internet Liability Insurance
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry Room/Storage Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 15 1/2

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Flood Insurance
  • Levels In Unit: 1
  • HOA Fees: 530
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: cmyers@neproperty.com
  • Property Manager Name: Chris Meyers
  • Property Mgt Company Name: North East Property Group
  • Property Mgt Phone: (860) 437-7005
  • Total Number of Units In Complex: The Power House

Schools

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

Lot Info

  • Lot Description: Level Lot Historic District Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: MDD
  • Parcel #: 2239766

Multi Family

  • Total Number Of Units: 16

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
Mar 12, 2021
Closed on
Sep 30, 2021
Sold by
Feldman Simon D
Bought by
Mcquiston Karen
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Cindy Terry
William Raveis Real Estate
List Price
$649,000
Sold Price
$619,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$800,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,339
Avg. Annual Appreciation
7.43%

Purchase Details

Listed on
Jul 17, 2013
Closed on
Apr 14, 2015
Sold by
Lee Ethan Y and Lee Lyon
Bought by
Feldman Simon D
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$469,000
Sold Price
$399,300
Premium/Discount to List
-$69,700
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$319,400
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Shaw Yvonne
Bought by
Lee Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Mcquiston Karen $615,000 None Available
Feldman Simon D $399,300 --
Lee Ethan $386,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Simon D $319,400
Previous Owner Shaw Yvonne $308,000
Previous Owner Shaw Yvonne $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Rented $3,500 0.0% --
05/09/2024 05/09/24 Under Contract -- -- --
05/07/2024 05/07/24 For Rent $3,500 +16.7% --
07/04/2023 07/04/23 Rented $3,000 0.0% --
05/19/2023 05/19/23 Under Contract -- -- --
05/10/2023 05/10/23 For Rent $3,000 0.0% --
10/01/2021 10/01/21 Sold $619,000 0.0% $474 / Sq Ft
06/23/2021 06/23/21 Price Changed $619,000 -4.6% $474 / Sq Ft
03/12/2021 03/12/21 For Sale $649,000 +62.5% $497 / Sq Ft
04/15/2015 04/15/15 Sold $399,300 -14.9% $306 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
07/17/2013 07/17/13 For Sale $469,000 -- $359 / 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 $10,966 $402,850 $120,855 $281,995
2024 $10,186 $402,850 $120,855 $281,995
2023 $9,792 $402,850 $0 $402,850
2022 $9,577 $402,850 $0 $402,850
2021 $7,817 $277,480 $0 $277,480
2020 $7,753 $277,480 $0 $277,480
2019 $7,417 $277,480 $0 $277,480
2018 $7,328 $277,480 $0 $277,480
2017 $7,192 $277,480 $0 $277,480
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Landlord's Agent in 2024

    Judi Caracausa

    William Pitt

    (860) 912-9903

    17 in this area

    189 Total Sales

    Section Image
  • Cindy Terry

    Buyer's Agent in 2021

    Cindy Terry

    William Raveis Real Estate

    (860) 625-6336

    1 in this area

    60 Total Sales

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Map

Source: SmartMLS

MLS Number: 170620752

SmartMLS

APN: GROT-002619-001830-007079-000003

Connecticut New London County Mystic 06355 Mystic Historic District

15 1/2 Water St Unit 3, Mystic, CT

This home is located at 15 1/2 Water St Unit 3, Mystic, CT 06355 since 07 May 2024 and is currently priced at $799,781. This property was built in 1830. 15 1/2 Water St Unit 3 is a home located in New London County with nearby schools including Northeast Academy Arts Magnet School, Groton Middle School, and Robert E. Fitch High School.

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