NOT LISTED FOR SALE

161 Route 2a Preston, CT 06365

Estimated Value: $220,000 - $346,707

3 Beds
2 Baths
1,362 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $150,600 $111 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,856/month

7 Days on Market

Highlights

  • Waterfront
  • Deck
  • Mud Room
  • Cape Cod Architecture
  • Attic
  • No HOA

About This Home

As of January 2023

Nicely maintained 3BR / 2 Bath Cape with Direct Waterfront. Main level has hardwood flooring. 1 Car attached garage with Mud Room / Breezeway between garage and house. Property has direct waterfront on Poquetanuck Cove with access to the Thames River. Flood insurance required. This property is a short sale, sold "AS IS" Inspections for Buyer's information only. Seller will not make any repairs. Cash or Conventional Financing. Will not qualify for VA, FHA, Chfa or USDA.

Last Agent to Sell the Property

John Pizzi

Compass Connecticut, LLC License #RES.0763868 Listed on: 12/13/2021

Compass Connecticut, LLC

Last Buyer's Agent

Steve Jones Jr

KW Legacy Partners License #RES.0799717

KW Legacy Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1935

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Open Lot
  • Property is zoned R-60

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,362 Sq Ft Home
  • Mud Room
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Preston Vet's Memorial Elementary School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,507

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Neighborhood: Poquetanuck
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1362
  • Public Record Living Room Sq Ft: 1362
  • Total Sq Ft: 1362
  • Year Built: 1935
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2556
  • Tax Year Updated Dt: 08/15/2022
  • Directions: Route 12 to Route 2A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 161

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Preston Vet's Memorial
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2700
  • Lot Description: Open Lot, In Flood Zone
  • Flood Zone: Yes
  • Zoning: R-60

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3507
  • Total Assessed Value: 125800
  • Mil Rate Base: 27.880
  • Mil Rate Total: 27.880
  • Assessor Parcel Number: 1560143

MLS Schools

  • Elementary School: Preston Vet's Memorial
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Dec 29, 2022
Sold by
Stone Scott D
Bought by
Ivy Invest Group Llc
Seller's Agent
John Pizzi
Compass Connecticut, LLC
Buyer's Agent
Steve Jones Jr
KW Legacy Partners
List Price
$135,000
Sold Price
$150,600
Premium/Discount to List
$15,600
11.56%
Views
91
Current Estimated Value
$288,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,077
Avg. Annual Appreciation
27.25%
Original Mortgage
$210,000
Outstanding Balance
$203,155
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$85,522

Purchase Details

Listed on
Sep 21, 2017
Closed on
Jun 20, 2018
Sold by
Ncw Holdings Llc
Bought by
Stone Scott D
Seller's Agent
Heidi Cordray
Asset Real Estate
Buyer's Agent
John Pizzi
Compass Connecticut, LLC
List Price
$132,000
Sold Price
$135,000
Premium/Discount to List
$3,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$136,363
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2017
Sold by
Contino Peter J and Preston Town Of
Bought by
Preston Town Of

Purchase Details

Closed on
Mar 16, 2012
Sold by
Magowan-Daniels Patti C and Daniels George L
Bought by
Contino Peter J
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
Ivy Invest Group Llc -- None Available
Ivy Invest Group Llc -- None Available
Stone Scott D $135,000 --
Preston Town Of $92,000 --
Contino Peter J $60,000 --
Stone Scott D $135,000 --
Preston Town Of $92,000 --
Contino Peter J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivy Invest Group Llc $210,000
Closed Ivy Invest Group Llc $210,000
Previous Owner Contino Peter J $136,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2023 01/17/23 Sold $150,600 +11.6% $111 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $135,000 0.0% $99 / Sq Ft
06/20/2018 06/20/18 Sold $135,000 +2.3% $119 / Sq Ft View Prior Sale
05/02/2018 05/02/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $132,000 0.0% $117 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $132,000 0.0% $117 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $132,000 0.0% $117 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/11/2017 11/11/17 Price Changed $132,000 -2.2% $117 / Sq Ft
11/01/2017 11/01/17 Price Changed $135,000 -2.2% $119 / Sq Ft
10/15/2017 10/15/17 Price Changed $138,000 -2.1% $122 / Sq Ft
09/21/2017 09/21/17 For Sale $141,000 -- $125 / 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
2024 $3,839 $164,290 $71,960 $92,330
2023 $3,770 $164,290 $71,960 $92,330
2022 $3,507 $125,800 $56,500 $69,300
2021 $3,389 $125,800 $56,500 $69,300
2020 $3,384 $125,800 $56,500 $69,300
2019 $3,325 $125,800 $56,500 $69,300
2018 $3,105 $119,300 $50,000 $69,300
2017 $2,846 $118,600 $43,100 $75,500
2016 $2,817 $118,600 $43,100 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170456882

SmartMLS

APN: PRES-000220-A000002-000161