NOT LISTED FOR SALE

Estimated Value: $4,866,000 - $8,541,000

1.41 Acres
$5,050,525 Price per Acre
61,420 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $1,575,000 $280 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $42,977/month

117 Days on Market

Highlights

  • Beach Access
  • Wetlands on Lot
  • Many Trees
  • North Street School Rated A+
  • Cul-De-Sac

About This Lot

As of October 2015

Secluded yet in the heart of mid-country, this beautiful lot has town sewer, gas and town water already run to the property. One of two lots in North Street School district with public utilities available over an acre. Build your dream home on this beautiful cul-de-sac off Knollwoood Drive. Close to town Oversized lot in 1 acre zone with FAR regs from time of subdivision, allowing over 7000 square feet of FAR. Can be combined with Lot#15, also on the market for $2,250,000, for over 20,000 sq. ft of FAR and 3.6 acres.

Last Agent to Sell the Property

Danielle Claroni

Sotheby's International Realty License #REB.0755579 Listed on: 05/11/2015

Sotheby's International Realty

Last Buyer's Agent

Non Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,138

Lot Details

  • 1.41 Acre Lot
  • Cul-De-Sac
  • Many Trees
  • Property is zoned RA-1

Schools

  • North Street Elementary School
  • Central Middle School
  • Greenwich High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Cabinwood Assoc Subdivision

Recreation

  • Beach Access
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$14,138

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Present Use: vacant
  • Direct Waterfront: No
  • Encumbrances Restrictions: Architect Review, Style Approval
  • Directions: North St to Andrews to Ridgeview to Husted to Knollwood to Knollwood Dr. E OR Lake to N. Maple to Husted, etc.
  • Special Features: None

Interior Features

  • Street Number Modifier: 16

Exterior Features

  • Waterfront Description: Beach Rights
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 20

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Cable Available, Electric, Gas, Telephone, Underground Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: Yes

Schools

  • Elementary School: North Street
  • Middle School: Central
  • High School: Greenwich

Lot Info

  • Acres: 1.4100
  • Lot Description: Additional Land Avail., On Cul-De-Sac, Some Wetlands, Treed
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RA-1

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 14138
  • Total Assessed Value: 1191680
  • Mil Rate Total: 11.864
  • Assessor Parcel Number: 1849339

MLS Schools

  • Elementary School: North Street
  • Middle Jr High School: Central
  • High School: Greenwich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Oct 26, 2015
Sold by
Lee James
Bought by
Lee James and Park Lina
Seller's Agent
Danielle Claroni
Sotheby's International Realty
Buyer's Agent
Non Member
Non-Member
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%
Current Estimated Value
$7,121,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,546,240
Avg. Annual Appreciation
16.20%
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
Oct 23, 2015
Sold by
Brian Derek Forrow Ret
Bought by
Lee James
Seller's Agent
Danielle Claroni
Sotheby's International Realty
Buyer's Agent
Non Member
Non-Member
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1992
Sold by
Cabot Powell
Bought by
Arthur Duell Iii Tr
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
Lee James -- --
Lee James -- --
Arthur Duell Iii Tr $1,710,000 --
Lee James -- --
Lee James -- --
Arthur Duell Iii Tr $1,710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Arthur Duell Iii Tr $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $1,575,000 -10.0% $280 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $1,750,000 -- $311 / 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 $60,435 $5,019,490 $798,560 $4,220,930
2024 $58,778 $5,019,490 $798,560 $4,220,930
2023 $57,172 $5,019,490 $798,560 $4,220,930
2022 $56,620 $5,019,490 $798,560 $4,220,930
2021 $54,639 $4,714,290 $681,870 $4,032,420
2020 $54,639 $4,714,290 $681,870 $4,032,420
2019 $20,574 $1,761,480 $681,870 $1,079,610
2018 $7,563 $665,210 $665,210 $0
2017 $25,218 $2,217,950 $665,210 $1,552,740
2016 $24,841 $2,217,950 $665,210 $1,552,740
2015 $26,424 $2,344,650 $1,348,130 $996,520
2014 $25,721 $2,344,650 $1,348,130 $996,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99104142

SmartMLS

APN: GREE-000011-000000-001352