NOT LISTED FOR SALE

221 Lantern Hill Rd Mystic, CT 06355

Estimated Value: $511,000 - $595,000

4 Beds
1.5 Baths
2,450 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $170,000 $69 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,314/month

359 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Attic
  • Stonington Middle School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of July 2014

Great opportunity in a country setting! Home has phenominal potential and will need some work to optimize its value. Spacious living areas, 4 bedrooms, large deck areas for summer enjoyment.

Last Agent to Sell the Property

Nancy Thill

Coldwell Banker Realty License #REB.0678600 Listed on: 04/29/2013

Last Buyer's Agent

Jason Gagnon

William Pitt Sotheby's Int'l License #RES.0768367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1924

Lot Details

  • 0.63 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,568

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Total Sq Ft: 2450
  • Year Built: 1924
  • Direct Waterfront: No
  • Directions: Rt 184 to lantern hill road, #221 will be on the left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 221

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle, Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Pboe
  • Middle School: Pboe
  • High School: Pboe
  • Intermediate School: Pboe

Lot Info

  • Acres: 0.6300
  • Lot Description: Level Lot, Lightly Wooded, Sloping Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 3568
  • Total Assessed Value: 179500
  • Assessor Parcel Number: 2078739

MLS Schools

  • Elementary School: Pboe
  • Middle Jr High School: Pboe
  • High School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 23, 2014
Sold by
Dime Bank
Bought by
Alger Michael J and Alger Mercedes E
Seller's Agent
Nancy Thill
Coldwell Banker Realty
Buyer's Agent
Jason Gagnon
William Pitt Sotheby's Int'l
List Price
$215,000
Sold Price
$170,000
Premium/Discount to List
-$45,000
-20.93%
Current Estimated Value
$543,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,668
Avg. Annual Appreciation
9.49%
Original Mortgage
$201,139
Outstanding Balance
$154,655
Interest Rate
4.18%
Mortgage Type
FHA
Estimated Equity
$312,534

Purchase Details

Closed on
Feb 25, 2013
Sold by
Dime Loan Servicing Co
Bought by
Bank Dime

Purchase Details

Closed on
Oct 25, 1999
Sold by
Oconnor Daniel G
Bought by
Sisco James L
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
Alger Michael J -- --
Alger Michael J -- --
Bank Dime -- --
Bank Dime -- --
Sisco James L $145,000 --
Sisco James L $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alger Michael J $50,000
Open Sisco James L $201,139
Previous Owner Sisco James L $50,000
Previous Owner Sisco James L $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $170,000 -20.9% $69 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $215,000 -- $88 / 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 $5,015 $242,500 $72,100 $170,400
2024 $4,838 $242,500 $72,100 $170,400
2023 $4,814 $242,500 $72,100 $170,400
2022 $5,145 $195,200 $66,100 $129,100
2021 $5,222 $195,200 $66,100 $129,100
2020 $5,126 $195,200 $66,100 $129,100
2019 $5,126 $195,200 $66,100 $129,100
2018 $4,993 $195,200 $66,100 $129,100
2017 $4,654 $179,500 $55,000 $124,500
2016 $4,534 $179,500 $55,000 $124,500
2015 $4,347 $179,500 $55,000 $124,500
2014 $4,170 $179,500 $55,000 $124,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Thill

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2014

    Jason Gagnon

    William Pitt

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Map

Source: SmartMLS

MLS Number: E266265

SmartMLS

APN: STON-000169-000001-000002

Connecticut New London County Mystic 06355

221 Lantern Hill Rd, Mystic, CT

This home is located at 221 Lantern Hill Rd, Mystic, CT 06355 since 29 April 2013 and is currently estimated at $543,668, approximately $221 per square foot. This property was built in 1924. 221 Lantern Hill Rd is a home located in New London County with nearby schools including Stonington Middle School and Stonington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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