NOT LISTED FOR SALE

2 Cove Rd Moodus, CT 06469

Estimated Value: $643,000 - $1,765,448

2 Beds
2.5 Baths
2,802 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $1,440,000 $514 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $7,733/month

247 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • 11.86 Acre Lot
  • Deck
  • 1 Fireplace

About This Home

As of September 2022

This spectacular contemporary is perfectly perched on the Salmon Cove River & Preserve. Spectacular views from everywhere. Watching the sunrises or the sunsets from the deck of this home will allow you to feel like you are on vacation every day and you deserve it! With over 1500’ of river frontage you can paddle-board, kayak, swim, boat and fish to your heart’s content. If you are looking for privacy, look no more—with over 11 acres, you will feel like you have escaped the world around you, but yet you are minutes to just about everything you could need. Natural light fills this home. Having to work from home? No problem, be charmed by the swans or the reflections of the water, you won’t be disappointed. This home has stood strong since built in 1986 and lovingly cared for by one family. Geothermal heat. Potential for deep water dock. Build your own family compound with the possibility of a building lot on this property (2-3 acre with its own well and water frontage). Easy commuting via Route 9, Interstate 95, Route 16 or the commuter trains to New Haven, Middlesex, Hartford, Manhattan, Providence or Boston. What are you waiting for?

Last Agent to Sell the Property

Shoreline Homes Team

William Raveis Real Estate License #RES.0786926 Listed on: 12/28/2021

William Raveis Real Estate

Last Buyer's Agent

Shoreline Homes Team

William Raveis Real Estate License #RES.0786926 Listed on: 12/28/2021

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,795

Year Built

  • Built in 1986

Lot Details

  • 11.86 Acre Lot
  • Waterfront
  • Property is zoned R1

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Awning
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Wrap Around Balcony
  • Deck

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2268318

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,795

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Neighborhood: Moodus
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2802
  • Total Sq Ft: 2802
  • Year Built: 1986
  • New Construction: No/Resale
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6173
  • Directions: Use GPS 2 Cove Road, Moodus, CT
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2803
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Awnings, Deck, Wrap Around Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Frontage River View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Gravel
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Geothermal
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 11.86
  • Lot Description: May be Subdividable Secluded Water View Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R1
  • Parcel #: 2268318

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 12795
  • Total Assessed Value: 402470
  • Mil Rate Total: 31.79

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Sep 27, 2022
Sold by
Jordan Russell
Bought by
Laffaye Patrick
Seller's Agent
Shoreline Homes Team
William Raveis Real Estate
Buyer's Agent
Shoreline Homes Team
William Raveis Real Estate
List Price
$1,949,000
Sold Price
$1,440,000
Premium/Discount to List
-$509,000
-26.12%
Views
43
Current Estimated Value
$1,120,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$319,638
Avg. Annual Appreciation
-4.99%

Purchase Details

Closed on
Dec 23, 2021
Sold by
Jordan Russell
Bought by
Jordan Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
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
Laffaye Patrick $1,440,000 None Available
Jordan Russell -- None Available
Jordan Russell $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Russell $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $1,440,000 -17.7% $514 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $1,750,000 -5.4% $625 / Sq Ft
06/17/2022 06/17/22 Price Changed $1,849,000 -5.1% $660 / Sq Ft
01/03/2022 01/03/22 For Sale $1,949,000 -- $696 / 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 $21,806 $814,870 $347,620 $467,250
2023 $20,983 $814,870 $347,620 $467,250
2022 $12,795 $402,470 $153,480 $248,990
2021 $12,251 $402,470 $159,780 $242,690
2020 $12,251 $402,470 $159,780 $242,690
2019 $12,251 $402,470 $159,780 $242,690
2018 $11,937 $402,470 $159,780 $242,690
2017 $12,895 $435,930 $203,880 $232,050
2016 $12,795 $435,930 $203,880 $232,050
2015 $12,502 $435,930 $203,880 $232,050
2014 $12,162 $435,930 $203,880 $232,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170458587

SmartMLS

APN: EHDM-000045M-000000-L000014