NOT LISTED FOR SALE

162 Kings Hwy Milford, CT 06460

Woodmont Neighborhood

Estimated Value: $304,000 - $1,024,124

0.06 Acre
$12,550,517 Price per Acre
2,614 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $255,000 $173 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $4,258/month

37 Days on Market

Highlights

  • Property is near public transit
  • Joseph A. Foran High School Rated A-
  • Public Transportation

About This Lot

As of November 2023

Enjoy water views year-round of lovely Anchor Beach in the fantastic borough of Woodmont, a highly desirable location on Milford’s gorgeous coastline! This desirable area provides small-town friendliness and the convenience of local stores and restaurants in a beach community easily accessible to trains, New Haven, Fairfield County, Boston, and New York City, making it the perfect getaway, year-round home, and a fabulous investment! Two lots are for sale, each for $259,900. Both 152 Beach Avenue and 162 Kings Highway offer the potential for a one or two-family dwelling and a host of applications related to their desirable BD-1 zoning, including professional use and mixed-use with residential and office space. Central Business/Residential District 1 (BD-1) allows desirable lot coverage for construction and the potential to facilitate a single-family or a two-family dwelling with mixed professional use. Plans are available for approximately 2400+/- sf total or two (2) 1200+/- sf rental units & a total of 4 units on both parcels if purchased together. If used as a multi-family, each unit could facilitate a two-car tandem garage, a private entrance, and direct, year-round unobstructed water views. Live in one, rent out other(s), or set up shop with a private biz entrance! Plans for one-family or two-family construction are available on request. See additional remarks for more details.

Last Agent to Sell the Property

Fredda Takacs

Coldwell Banker Realty License #RES.0753161 Listed on: 10/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Stacy Blake

Stacy Blake Realty LLC License #REB.0789227

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,203

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned BD1

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops

Schools

  • Live Oaks Elementary School
  • East Shore Middle School
  • Joseph A. Foran High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 2718916

Property Details

Property Type

Land

Est. Annual Taxes

$3,203

Lot Details

0

Listing Details

  • Neighborhood: Woodmont
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Association Amenities: None
  • Remarks Public Addendum: Lot 1: 152 Beach Avenue, .07 acres, lot size 3049 sf – bordering Beach Ave and Kings Highway Lot 2: 162 Kings Highway, .06 acres, lot size 2614 sf – bordering Lot 1 facing Kings Highway Set in the vibrant Woodmont waterfront community, each lot provides exceptional unobstructed year-round water views - increasing the overall value and potential use of these terrific lots whether purchased separately or together. BD-1 zoning information, prior plans, and maps are available on request. All information that influences a decision to purchase should be verified to any buyer’s satisfaction.
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Flood Plain Restrictions
  • Directions: Merwins to Chapel to Kings - corner of Kings Highway and Beach - two lots for sale.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Highway
  • Special Features: None

Exterior Features

  • Waterfront Description: Water Community Beach Rights View Walk to Water
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available, Underground Required
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 0.06
  • Lot Description: Additional Land Avail. In Flood Zone Water View Corner Lot Level Lot
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: BD1
  • Parcel #: 2718916

Tax Info

  • Property Tax: 3203

MLS Schools

  • Elementary School: Live Oaks
  • Middle Jr High School: East Shore
  • High School: Joseph A. Foran

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 16, 2023
Sold by
Dandd Beach Llc
Bought by
152 Beach Avenue Llc
Seller's Agent
Fredda Takacs
Coldwell Banker Realty
Buyer's Agent
Stacy Blake
Stacy Blake Realty LLC
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Views
56
Current Estimated Value
$753,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,031
Avg. Annual Appreciation
69.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
152 Beach Avenue Llc $255,000 None Available
152 Beach Avenue Llc $255,000 None Available
152 Beach Avenue Llc $255,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $255,000 -1.9% $173 / Sq Ft
10/10/2023 10/10/23 For Sale $259,900 -38.8% $177 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/08/2019 04/08/19 Sold $425,000 +88.9% $289 / Sq Ft View Prior Sale
04/01/2019 04/01/19 For Sale $225,000 -14.1% $153 / Sq Ft
09/08/2017 09/08/17 Sold $262,000 -12.6% $178 / Sq Ft View Prior Sale
08/23/2017 08/23/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $299,900 -- $204 / 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 $3,511 $118,820 $118,820 $0
2024 $3,462 $118,820 $118,820 $0
2023 $3,203 $117,880 $117,880 $0
2022 $3,142 $117,880 $117,880 $0
2021 $2,195 $79,380 $79,380 $0
2020 $2,197 $79,380 $79,380 $0
2019 $4,938 $178,190 $92,520 $85,670
2018 $4,943 $178,190 $92,520 $85,670
2017 $4,952 $178,190 $92,520 $85,670
2016 $5,075 $182,280 $85,660 $96,620
2015 $5,082 $182,280 $85,660 $96,620
2014 $4,962 $182,280 $85,660 $96,620
Source: Public Records

Agents Affiliated with this Home

  • Fredda Takacs

    Seller's Agent in 2023

    Fredda Takacs

    Coldwell Banker Realty

    (203) 521-0300

    2 in this area

    142 Total Sales

    Fredda Takacs
    Section Image
  • Stacy Blake

    Buyer's Agent in 2023

    Stacy Blake

    Stacy Blake Realty LLC

    (203) 927-9689

    9 in this area

    252 Total Sales

    Stacy Blake
    Section Image
  • Colleen Zacarelli

    Seller's Agent in 2017

    Colleen Zacarelli

    Coldwell Banker Milford

    (203) 314-6460

    1 in this area

    66 Total Sales

    Colleen Zacarelli
    Section Image
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Map

Source: SmartMLS

MLS Number: 170603381

SmartMLS

APN: MILF-000060-000740-000001

Connecticut New Haven County Milford 06460 Woodmont

162 Kings Hwy, Milford, CT

Not Listed for Sale

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