NOT LISTED FOR SALE

Estimated Value: $5,227,000 - $7,320,522

5 Beds
3.5 Baths
3,564 Sq Ft
$1,745/Sq Ft Est. Value

Last Sold June 27, 2020

Last sale price $2,500,000 $701 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $37,340/month

Highlights

  • Water Views
  • Beach Access
  • Colonial Architecture
  • Old Greenwich School Rated A+
  • Home fronts a sound
  • Finished Attic

About This Home

As of June 2020

Opportunity is knocking and it begins with a dream. Your dream home awaits! This is one of the last of the old seaside colonial waterfront homes to come on the market, this one won’t last. Enjoy waterfront living and the beauty of this seaside retreat with old world charm and breathtaking views. This 100-year-old house has ease of yesteryear with one of the most charming wrap-around porches in Old Greenwich. Featured on Greenwich Garden Tour & Greenwich magazine. Full of history formerly rented by John Phillips of Mama's and Papa's fame - Mick Jagger sunbathed on the seawall. Quick to metro north and NYC. Stroll charming Old Greenwich shops & restaurants, bike to Tod's Point and Binney Park, enjoy many water activities. Voted BEST place to raise a family in CT with A+ schools. Direct waterfront property in coveted Old Greenwich, part of the Lucas Point Association with private association beach and association dock. Now is your chance to create your own family waterfront dream home, weekend beach retreat, or just a great investment. Don't let this one slip away, you won't see this again. Being sold AS-IS. Agent related.

Last Agent to Sell the Property

Christine Oleynick

Keller Williams Realty License #RES.0801237 Listed on: 06/26/2020

Keller Williams Realty

Last Buyer's Agent

Christine Oleynick

Keller Williams Realty License #RES.0801237 Listed on: 06/26/2020

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,979

Year Built

  • Built in 1919

Lot Details

  • 0.32 Acre Lot
  • Home fronts a sound
  • Level Lot
  • Property is zoned R-20

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,564 Sq Ft Home
  • 2 Fireplaces
  • Water Views
  • Crawl Space
  • Finished Attic

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Porch

Location

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

Schools

  • Old Greenwich Elementary School
  • Eastern Middle School
  • Greenwich High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • Lucas Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,979

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Neighborhood: Old Greenwich
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3564
  • Public Record Living Room Sq Ft: 3564
  • Total Sq Ft: 3564
  • Year Built: 1919
  • Nearby Amenities: Golf Course, Health Club, Library, Paddle Tennis, Park, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: The finished third floor has two rooms and full bath. Being sold AS-IS. Agent related Lucas Point Association annual dues are set at the annual meeting. Currently $1,250 per year.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Sound Beach Ave. to the end, right onto Shore Road, first driveway on the left past East Point Lane. White house with pink shutters.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Finished
  • Basement Description: Crawl Space
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Off kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 196

Exterior Features

  • Exterior Features: Balcony, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach Rights, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Shared, Paved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Old Greenwich
  • Middle School: Eastern
  • High School: Greenwich
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.3200
  • Lot Description: In Flood Zone, Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R-20

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 26979
  • Total Assessed Value: 2222290
  • Mil Rate Base: 11.680
  • Mil Rate Tax District: 0.460
  • Mil Rate Total: 12.140
  • Assessor Parcel Number: 1853446

MLS Schools

  • Elementary School: Old Greenwich
  • Middle Jr High School: Eastern
  • High School: Greenwich

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
May 14, 2020
Sold by
Finch Judi
Bought by
Stine Vraalsen Sides Ret and Sides
Seller's Agent
Christine Oleynick
Keller Williams Realty
Buyer's Agent
Christine Oleynick
Keller Williams Realty
List Price
$3,100,000
Sold Price
$2,500,000
Premium/Discount to List
-$600,000
-19.35%
Current Estimated Value
$6,219,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,719,631
Avg. Annual Appreciation
18.80%
Original Mortgage
$1,750,000
Outstanding Balance
$1,550,743
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,668,888
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
Stine Vraalsen Sides Ret $2,500,000 None Available
Stine Vraalsen Sides Ret $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stine Vraalsen Sides Ret $1,750,000
Closed Stine Vraalsen Sides Ret $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2020 06/27/20 Sold $2,500,000 -19.4% $701 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $3,100,000 -- $870 / 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 $50,822 $4,112,150 $2,240,280 $1,871,870
2024 $49,109 $4,114,390 $2,244,830 $1,869,560
2023 $29,476 $2,533,160 $2,244,830 $288,330
2022 $25,883 $2,244,830 $2,244,830 $0
2021 $25,071 $2,082,290 $1,776,810 $305,480
2020 $25,029 $2,082,290 $1,776,810 $305,480
2019 $26,979 $2,222,290 $1,776,810 $445,480
2018 $27,490 $2,222,290 $1,776,810 $445,480
2017 $26,710 $2,222,290 $1,776,810 $445,480
2016 $26,287 $2,222,290 $1,776,810 $445,480
2015 $31,785 $2,665,390 $2,375,590 $289,800
2014 $30,985 $2,665,390 $2,375,590 $289,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170309890

SmartMLS

APN: GREE-000006-000000-003054-S000000