NOT LISTED FOR SALE

16 E Forest Rd Mystic, CT 06355

Estimated Value: $1,031,000 - $2,459,504

0.99 Acre
$1,986,491 Price per Acre
43,124 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $620,000

Est. 217% increase in value since last sale

Current estimated payment $12,933/month

42 Days on Market

Highlights

  • Public Water Access
  • Waterfront
  • Property is near shops
  • Stonington Middle School Rated A-
  • 0.99 Acre Lot
  • Level Lot

About This Lot

As of December 2020

A RARE AND EXCEPTIONAL OPPORTUNITY TO DESIGN AND BUILD NEW CONSTRUCTION ON MASONS ISLAND PROPER, MASONS ISLAND PRIVATE COMMUNITY. PREMIER .99 ACRE LOT WITH 101' FRONTAGE ON EAST FOREST ROAD AND 158' FRONTAGE ON THE POND. FIRST TIME EVER OFFERED FOR SALE. PERC TEST COMPLETE, SEPTIC APPROVED FOR 4 BEDROOM HOUSE. CHOOSE YOUR OWN BUILDER. THERE IS MUNICIPAL WATER AVAILABLE TO THIS LOT, ENGINEERED SEPTIC IS REQUIRED. LOCATED PAST THE GUARDHOUSE IN ESTABLISHED AND VERY DESIRABLE LOCATION ON THE ISLAND. THIS QUIET, LEVEL AND SUN FILLED LOT IS JUST A SHORT DISTANCE TO THE MASONS ISLAND YACHT CLUB, DEEP WATER MARINAS, BEACHES, HISTORIC DOWNTOWN MYSTIC, STONINGTON BOROUGH, TRAIN STATION, GOLF AND SO MUCH MORE. MASONS ISLAND PRIVATE ASSOCIATION OFFERS BEACH AND BOATING OPPORTUNITIES. DOCKING AVAILABLE AND FOR AN ADDITIONAL FEE. PRIVATE FINANCING TO QUALIFIED BUYER. OWNER CAN BE PROPOSED FOR MEMBERSHIP TO MIYC. MEMBERSHIP IS NOT GUARANTEED. BUILD YOUR DREAM HOME NOW.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 09/10/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Erin O'Connor Mancino

Century 21 AllPoints Realty License #RES.0757916

Century 21 AllPoints Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,879

Lot Details

  • 0.99 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Level Lot
  • Property is zoned RA-20

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Mystic Middle School
  • Stonington High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Water Views
  • Property is near shops

Community Details

Overview

  • Association fees include trash pickup, road maintenance

Recreation

  • Public Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$8,879

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Yacht Club Rd. to E. Forest Rd.
  • Special Features: None

Interior Features

  • Street Number Modifier: 16

Exterior Features

  • Waterfront Description: Direct Waterfront, Water Community, View, Walk to Water
  • Road Frontage Description: Private Road, Paved Road
  • Road Frontage Approximate: 101

Utilities

  • Water Source: Public Water Connected
  • Sewer: Septic
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup, Road Maintenance
  • HOA Fees: 999
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

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

Lot Info

  • Acres: 0.9900
  • Lot Description: Water View, Level Lot
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RA-20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8879
  • Total Assessed Value: 352900
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 1.800
  • Mil Rate Total: 25.160
  • Assessor Parcel Number: 2077873

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 10, 2020
Sold by
Masons Island Co
Bought by
Daniel S Ross Ret and Ross
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Erin O'Connor Mancino
Century 21 AllPoints Realty
List Price
$620,000
Sold Price
$620,000
Current Estimated Value
$1,966,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346,626
Avg. Annual Appreciation
25.51%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Daniel S Ross Ret $620,000 None Available
Daniel S Ross Ret $620,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $620,000 0.0% --
10/22/2020 10/22/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $620,000 -- --
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 $25,870 $1,198,800 $485,000 $713,800
2024 $24,995 $1,198,800 $485,000 $713,800
2023 $17,918 $940,600 $485,000 $455,600
2022 $9,131 $350,400 $350,400 $0
2021 $9,145 $352,900 $352,900 $0
2020 $8,879 $352,900 $352,900 $0
2019 $8,844 $352,900 $352,900 $0
2018 $8,579 $352,900 $352,900 $0
2017 $9,686 $393,600 $393,600 $0
2016 $9,423 $393,600 $393,600 $0
2015 $9,033 $393,600 $393,600 $0
2014 $8,683 $393,600 $393,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2020

    Judi Caracausa

    William Pitt

    (860) 912-9903

    62 in this area

    183 Total Sales

    Judi Caracausa
    Section Image
  • Erin O'Connor Mancino

    Buyer's Agent in 2020

    Erin O'Connor Mancino

    Century 21 AllPoints Realty

    (860) 637-1302

    1 in this area

    216 Total Sales

    Erin O'Connor Mancino
    Section Image
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Map

Source: SmartMLS

MLS Number: 170333603

SmartMLS

APN: STON-000177-000011-000002

Connecticut New London County Mystic 06355

16 E Forest Rd, Mystic, CT

This home is located at 16 E Forest Rd, Mystic, CT 06355 since 10 September 2020 and is currently estimated at $1,966,626. 16 E Forest Rd is a home located in New London County with nearby schools including Stonington Middle School and Stonington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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