NOT LISTED FOR SALE

16 Michelle Ln Unit 16 Mystic, CT 06355

Old Mystic Neighborhood

Estimated Value: $350,000 - $586,000

2 Beds
2.5 Baths
1,644 Sq Ft
$286/mo HOA Fee

Last Sold January 18, 2017

Last sale price $234,900 $143 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,439/month

18 Days on Market

Highlights

  • River Front
  • Property is near public transit
  • 1 Car Detached Garage
  • Stonington Middle School Rated A-
  • 1 Fireplace
  • 5-minute walk to Residence Inn Dog Run

About This Home

As of January 2017

A Must See!!!!! ...exceptional - rare find - 2 Bedroom - 2.5 Bath - Townhouse Condominium - Mystic River Square Condominium Association - Minutes from downtown Mystic - walking distance to Olde Mystic Village (60 individual retail stores, restaurants, movie Theater and so much more.

This 1,700. Square Foot, Freshly painted through-out - Center Hall, Colonial (3 story) Townhouse is a must see!!!!!!!!, includes a eat-in fully appliance kitchen with a bay window, formal dining room with sliding glass doors and spacious Living room with fireplace, Master bedroom having its own private balcony, dressing area, full bath & walk-in closet. as well as a guest suite, with walk-in closet, full bath, 2nd floor Laundry. Garage...... privately located on the Mystic River.....call now for private showing.

Best of all the price has been drastically reduced to to sell at $234,900.

Last Agent to Sell the Property

Brad Currier II

Bradford & Company License #REB.0756077 Listed on: 10/06/2016

Last Buyer's Agent

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1981

Lot Details

  • River Front
  • Stone Wall

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 1,644 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Concrete Flooring
  • Water Views
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 1 Car Detached Garage
  • Varies By Unit
  • Driveway
  • Guest Parking
  • Visitor Parking

Accessible Home Design

  • Exterior Wheelchair Lift
  • Chairlift

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Pboe Elementary And Middle School
  • Stonington High School

Utilities

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

Listing and Financial Details

  • Exclusions: Association

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, road maintenance, snow removal, taxes, trash pickup, water
  • 24 Units
  • Mystic River Square Community
  • Property managed by Thames Harbor

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,070

Year Built

Built in 1981

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1644
  • Year Built: 1981
  • Nearby Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • In Law Access: Possible
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • In Law Apartment: Possible
  • Easements Right Of Way: unknown
  • Exclusions: Association
  • Handicap Features: Chair Lift
  • Direct Waterfront: No
  • Encumbrances Restrictions: Boats, Trailer(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Unit On Floor Number: 1
  • Directions: I-95 N, exit 90 left at light, continue turn left on Michelle Lane, Unit is in second set of buildings #16
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Concrete Floor, Full, Interior Access, Liveable Space, Storage, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Gutters, Patio, Shed, Stone Wall, Underground Utilities
  • Exterior Siding: Clapboard, Vinyl Siding
  • Waterfront Description: Access, Association Required, Dock or Mooring, River, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Covered Garage, Detached Garage, Unit Garage
  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 2

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, Insurance, Property Management, Road Maintenance, Snow Removal, Taxes, Trash Pickup, Water
  • Complex Name: Mystic River Square
  • Levels In Unit: 3
  • HOA Fees: 286
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Thames Harbor
  • Property Manager Phone: (860) 691-2011
  • Property Mgt Company Name: Thames Harbor
  • Property Mgt Phone: (860) 691-2011

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Stonington
  • Intermediate School: PBOE

Lot Info

  • Flood Zone: No

Rental Info

  • Pets Allowed Info: yes
  • Lease Purchase: No
  • Pets Allowed: No
  • Tenant Responsibility: Cable TV, Electricity

Tax Info

  • Total Assessed Value: 184800
  • Assessor Parcel Number: 2079947

Multi Family

  • Total Num Of Units: 24

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Jan 18, 2017
Sold by
Nunez Joyce C Est
Bought by
Mcswain Richard P and Mcswain Heidi S
Seller's Agent
Brad Currier II
Bradford & Company
Buyer's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
List Price
$234,900
Sold Price
$234,900
Current Estimated Value
$486,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,971
Avg. Annual Appreciation
8.94%
Original Mortgage
$110,000
Outstanding Balance
$56,693
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$434,811
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
Mcswain Richard P $234,900 --
Mcswain Richard P $234,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcswain Richard P $110,000
Closed Mcswain Richard P $110,000
Previous Owner Nunez Joyce C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $234,900 0.0% $143 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $234,900 -- $143 / 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 $6,070 $293,500 $0 $293,500
2024 $5,855 $293,500 $0 $293,500
2023 $5,826 $293,500 $0 $293,500
2022 $4,898 $185,800 $0 $185,800
2021 $4,970 $185,800 $0 $185,800
2020 $4,879 $185,800 $0 $185,800
2019 $4,879 $185,800 $0 $185,800
2018 $4,753 $185,800 $0 $185,800
2017 $4,792 $184,800 $0 $184,800
2016 $4,668 $184,800 $0 $184,800
2015 $4,476 $184,800 $0 $184,800
2014 $4,293 $184,800 $0 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10174236

SmartMLS

APN: STON-000165-000003-000001A-000006C