NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,022,000

6 Beds
3 Baths
3,220 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $780,000 $242 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,157/month

39 Days on Market

Highlights

  • River Front
  • Attic
  • 4 Car Detached Garage
  • Stonington Middle School Rated A-
  • No HOA
  • 4-minute walk to Mystic River Park

About This Home

As of November 2022

In the heart of Historic Downtown Mystic - Rare find, three family on the Mystic River with unobstructed views. No water rights. Views of Seaport Marina/Mystic River. Less than 1/3 mile to Mystic drawbridge and train station. Walk to marinas, restaurants, and shopping. Ideal for owner occupied, VRBO or rentals. Units 1 and 2 have recently installed solar panel system that completely covers electric bill with leftover credits. Over the past 8 years, owners have occupied it as a 3 family, 2 family and a 1 family with guest suite. Great Flexibility. Owner is presently using first and second floor units. Third floor is currently rented below current market rates. New kitchen on 1st fl. 2022, granite counters, under mount farm sink and backsplash. Bonus-Four car garage on .34 acres with partial fenced in yard. Contingent of seller finding suitable housing in the town of Stonington. CONTINGENT ON RELEASE OF PURCHASE AND SALE

Last Agent to Sell the Property

Pam Chappell

Coldwell Banker Realty License #RES.0113929 Listed on: 09/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Heather Gianacoplos

Compass Connecticut, LLC License #RES.0800582

Compass Connecticut, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1900

Lot Details

  • 14,810 Sq Ft Lot
  • River Front
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,220 Sq Ft Home
  • French Doors
  • Concrete Flooring
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Gravel Driveway
  • Unpaved Parking

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,543

Year Built

Built in 1900

Lot Details

0.34 Acres

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3220
  • Public Record Living Room Sq Ft: 2962
  • Total Sq Ft: 3220
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 6126
  • Directions: East Main St. to Jackson Ave. almost all the way to dead end on right hand side
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway, Concrete Floor, Sump Pump
  • Laundry Room Location: 2nd floor and 2 hook ups in basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, French Doors, Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, River, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Unpaved, Driveway
  • Garages Number: 4
  • Driveway Type: Private, Gravel

Utilities

  • Heat Type: Baseboard, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Active Solar, Storm Doors

Lot Info

  • Acres: 0.3400
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RH-10

Multi Family

  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7543
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 1.730
  • Assessor Parcel Number: 2080218

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 16, 2022
Sold by
Mareka Karly A and Mareka Matthew M
Bought by
Generation 4 Llc
Seller's Agent
Pam Chappell
Coldwell Banker Realty
Buyer's Agent
Heather Gianacoplos
Compass Connecticut, LLC
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
47
Current Estimated Value
$993,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,006
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Nov 3, 2014
Sold by
Smith Lisa M
Bought by
Mareka Karly A and Mareka Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Generation 4 Llc $780,000 None Available
Generation 4 Llc $780,000 None Available
Mareka Karly A $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mareka Karly A $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $780,000 -2.4% $242 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $799,000 -- $248 / Sq Ft
Source: SmartMLS

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 $11,199 $560,500 $174,000 $386,500
2024 $10,704 $560,500 $174,000 $386,500
2023 $9,145 $476,000 $174,000 $302,000
2022 $7,543 $297,100 $136,800 $160,300
2021 $7,235 $283,400 $136,800 $146,600
2020 $7,122 $283,400 $136,800 $146,600
2019 $7,116 $283,400 $136,800 $146,600
2018 $6,926 $283,400 $136,800 $146,600
2017 $6,193 $249,700 $116,400 $133,300
2016 $6,030 $249,700 $116,400 $133,300
2015 $6,067 $262,200 $127,100 $135,100
2014 $5,834 $262,200 $127,100 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170517997

SmartMLS

APN: STON-000182-000001-000003

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