NOT LISTED FOR SALE

Estimated Value: $866,604 - $987,000

2 Beds
2.5 Baths
2,025 Sq Ft
$600/mo HOA Fee

Last Sold January 12, 2024

Last sale price $879,000 $434 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,401/month

133 Days on Market

Highlights

  • The property is located in a historic district
  • Open Floorplan
  • Elevator
  • Waterfront
  • End Unit
  • Intercom

About This Home

As of January 2024

Beautifully renovated three level Randall's Wharf 2 bedroom, 2.5 bath condominium in the heart of Historic Downtown Mystic! 2,025 square feet of light, bright living space, including 2 heated & covered garage parking spaces! Spacious first floor living area has brushed oak flooring, electric fireplace and wine cooler. There is a powder room on this level. Well appointed custom eat-in kitchen has shaker cabinetry, quartz counter tops and peninsular eating area. Two separate oversized en-suite bedrooms on the second floor with room for relaxing seating areas. Both bedrooms have wire brushed oak flooring. Spacious third floor bedroom can also serve as a private office. Interior offers plentiful storage. Propane heat, Central A/C with auxiliary split system on the third floor. Pets allowed with restrictions. This beautiful condominium puts you right in the midst of Downtown Mystic's busy restaurant, unique shops and boating scene. Move right in to this beautiful condo and live a dream!

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 09/01/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Madelyn Pope

RE/MAX One License #RES.0814708

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,327

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Interior Spaces

  • 2,025 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Smart Thermostat

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Location

  • Property is near shops
  • Property is near a golf course
  • The property is located in a historic district

Schools

  • S. B. Butler Elementary School
  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heating System Uses Propane
  • Programmable Thermostat
  • Electric Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2313581

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, flood insurance
  • 15 Units
  • Property managed by Sound Real Estate Group

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,327

Year Built

Built in 1988

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 2025
  • Total Sq Ft: 2025
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • Association Amenities: Elevator
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2025
  • Directions: West Main Street to Water Street.
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 2025
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: None
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Intercom, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer, Wine Chiller
  • Laundry Room Location: Bedroom
  • Laundry Room Info: Upper Level
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 17

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Brick
  • Waterfront Description: Direct Waterfront Dock or Mooring Association Required Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Parking Garage, Assigned Parking

Utilities

  • Cooling System: Central Air, Split System
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Flood Insurance
  • Levels In Unit: 3
  • HOA Fees: 600
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: jparsons@sresct.com
  • Property Manager Name: Josh Parsons
  • Property Manager Phone: 860-333-6535
  • Property Mgt Company Name: Sound Real Estate Group
  • Property Mgt Phone: 860-333-6535
  • Total Number of Units In Complex: Randalls Wharf

Schools

  • Elementary School: S. B. Butler
  • Middle School: Groton Middle School
  • High School: Fitch Senior

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: Historic District
  • Zoning: MDD
  • Parcel #: 2313581

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 15

Tax Info

  • Property Tax: 8327
  • Total Assessed Value: 342580
  • Mil Rate Total: 24.306

MLS Schools

  • Elementary School: S. B. Butler
  • Middle Jr High School: Groton Middle School
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Jan 5, 2024
Sold by
Gioffre Michael and Gioffre Kristen
Bought by
Parks Michael and Parks Maureen
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Madelyn Pope
RE/MAX One
List Price
$979,000
Sold Price
$879,000
Premium/Discount to List
-$100,000
-10.21%
Views
242
Current Estimated Value
$943,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,868
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Dec 22, 2021
Sold by
Kramer Martin A
Bought by
Naples Mktg & Dev Llc
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
Parks Michael $879,000 None Available
Naples Mktg & Dev Llc $525,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $879,000 0.0% $434 / Sq Ft
12/01/2023 12/01/23 Price Changed $879,000 -10.2% $434 / Sq Ft
09/01/2023 09/01/23 For Sale $979,000 +20.9% $483 / Sq Ft
04/06/2022 04/06/22 Sold $810,000 -4.7% $400 / Sq Ft View Prior Sale
03/23/2022 03/23/22 Pending -- -- --
03/20/2022 03/20/22 Price Changed $849,900 -1.2% $420 / Sq Ft
03/03/2022 03/03/22 For Sale $860,000 -- $425 / 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 $9,325 $342,580 $102,774 $239,806
2024 $8,662 $342,580 $102,774 $239,806
2023 $8,327 $342,580 $0 $342,580
2022 $8,144 $342,580 $0 $342,580
2021 $7,491 $265,930 $0 $265,930
2020 $7,430 $265,930 $0 $265,930
2019 $7,108 $265,930 $0 $265,930
2018 $7,023 $265,930 $0 $265,930
2017 $6,893 $265,930 $0 $265,930
2016 $7,766 $323,050 $0 $323,050
2015 $7,508 $323,050 $0 $323,050
2014 $7,330 $323,050 $0 $323,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170594160

SmartMLS

APN: GROT-002619-001830-006046-A000012