NOT LISTED FOR SALE

182 Leetes Island Rd Guilford, CT 06437

Estimated Value: $1,110,000 - $1,771,000

3 Beds
4 Baths
2,808 Sq Ft
$532/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $1,050,000 $374 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,040/month

About This Home

As of November 2016

Spectacular WATERFRONT home perfect for entertaining! Stunning multi-level contemporary compound on 1.5 acres is unique in every way. Sitting on a ridge, "The Marsh House" is a delight to the senses. Upon entering the sun filled solar passive living/dining solarium you will be in awe of the magnificent views surrounding you. Lower level wing with dual fireplace, sauna, hot tub and sunken exercise room is perfect for studio, office or additional bedroom. Two storied library with floor to ceiling windows and bookshelves accessed by rolling ladder invites a game of chess. MBS on the top floor has extensive views of the marsh from each window & the private balcony affords the perfect spot to watch the sun rise or set! Two additional bedrooms connected via bridge overlooking living/dining room also provides water views. Outside, custom brick patio w/built in grill station joins teak deck surrounding Gunite heated pool with 2nd hot tub. Pool house, complimenting the lines of the home, has full bath and pass through kitchen with built in audio system. The combination of patio and deck creates a fabulous space for entertaining both large and small gatherings of friends. Follow the path down to your own gazebo and dock and kayak out to Long Island Sound watching the ospreys along the way. This home is truly one of a kind and must be seen to appreciate the amazing architectural genius of designer Peter Woerner who created this wondrous space full of light, balance and magic!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 9, 2016
Sold by
Sherwin Richard J and Sherwin Margot Q
Bought by
Bower Matthew C
Seller's Agent
David Epprecht
BHGRE Shore & Country
Buyer's Agent
David Epprecht
BHGRE Shore & Country
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Current Estimated Value
$1,493,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,233
Avg. Annual Appreciation
4.02%
Original Mortgage
$725,000
Outstanding Balance
$582,049
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$911,184

Purchase Details

Closed on
Aug 16, 2012
Sold by
Quinlivan Dolores I
Bought by
Quinivan James P and Sherwin Margot Q

Purchase Details

Closed on
Apr 6, 1999
Sold by
Spitzer Alexander and Spitzer Dolores
Bought by
Sherwin Richard J and Sherwin Margot Q
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
Bower Matthew C $1,050,000 --
Quinivan James P -- --
Sherwin Richard J $662,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Matthew C $725,000
Previous Owner Sherwin Richard J $595,000
Previous Owner Sherwin Richard J $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2016 11/08/16 Sold $1,050,000 -12.4% $309 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $1,199,000 -- $353 / Sq Ft

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 $25,475 $958,440 $334,390 $624,050
2023 $24,804 $958,440 $334,390 $624,050
2022 $22,776 $685,000 $252,710 $432,290
2021 $22,345 $685,000 $252,710 $432,290
2020 $22,132 $685,000 $252,710 $432,290
2019 $21,941 $685,000 $252,710 $432,290
2018 $21,427 $685,000 $252,710 $432,290
2017 $15,913 $542,010 $252,750 $289,260
2016 $15,539 $542,010 $252,750 $289,260
2015 $15,306 $542,010 $252,750 $289,260
2014 $14,862 $542,010 $252,750 $289,260
Source: Public Records

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