NOT LISTED FOR SALE

222 Route 164 Preston, CT 06365

Estimated Value: $666,000 - $954,000

2 Acres
$404,688 Price per Acre
87,120 Sq Ft Lot

Last Sold October 16, 2018

Last sale price $85,000 $295 Per Sq Ft

Est. 876% increase in value since last sale

Current estimated payment $5,572/month

249 Days on Market

Highlights

  • Lake Front
  • Wetlands on Lot
  • No HOA
  • 2 Acre Lot
  • Partially Wooded Lot

About This Lot

As of October 2018

Development Opportunity! It's all about the location and the possibilities and 222 Route 164 represents both. This waterfront property with 400+ ft of Amos Lake water frontage will take your breath away. The true beauty can be witnessed gazing from the elevated house site to the majestic lake that offers a great place for swimming, boating, fishing and iceskating in the winter. The raw land has a 500 sq.ft. summer cottage that would need to be torn down. The land has been surveyed, percolation tested and wetland flagged.

Located near casinos, winery and golf course. Being sold as is.

Last Agent to Sell the Property

Ryan Casey

William Raveis Real Estate License #RES.0806074 Listed on: 01/11/2018

William Raveis Real Estate

Last Buyer's Agent

Patrick Collins

Coldwell Banker Realty License #RES.0810129

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,306

Lot Details

  • 2 Acre Lot
  • Lake Front
  • Property fronts a state road
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned RS

Property Views

  • Water Views

Schools

  • Preston Vet's Memorial Elementary School
  • Norwich Free Academy High School

Utilities

  • Well Required
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,306

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Junction of Route 164 & 165 then up mile on left, on Amos Lake.
  • Special Features: None

Interior Features

  • Street Number Modifier: 222

Exterior Features

  • Waterfront Description: Direct Waterfront, Frontage, Lake
  • Road Frontage Description: State Road, Paved Road
  • Road Frontage Approximate: 410

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Preston Vet's Memorial
  • High School: Norwich Free Academy

Lot Info

  • Acres: 2.0000
  • Lot Description: Some Wetlands, Water View, Lightly Wooded, Sloping Lot, Fence - Stone
  • Lots Number Of: 1
  • Zoning: RS

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 2306
  • Total Assessed Value: 96100
  • Mil Rate Base: 24.000
  • Mil Rate Total: 24.000
  • Assessor Parcel Number: 1559542

MLS Schools

  • Elementary School: Preston Vet's Memorial
  • High School: Norwich Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Oct 16, 2018
Sold by
Karkut Harriet
Bought by
Frantz Matthew
Seller's Agent
Ryan Casey
William Raveis Real Estate
Buyer's Agent
Patrick Collins
Coldwell Banker Realty
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%
Current Estimated Value
$829,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,920
Avg. Annual Appreciation
38.11%

Purchase Details

Closed on
Jul 18, 1969
Bought by
Katz Wasil
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
Frantz Matthew $85,000 --
Katz Wasil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frantz Matthew $190,000
Open Frantz Matthew $450,000
Closed Frantz Matthew $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $85,000 -22.0% $295 / Sq Ft
01/11/2018 01/11/18 For Sale $109,000 -- $378 / 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 $11,872 $507,990 $141,400 $366,590
2023 $11,658 $507,990 $141,400 $366,590
2022 $3,884 $139,300 $113,600 $25,700
2021 $3,060 $113,600 $113,600 $0
2020 $3,056 $113,600 $113,600 $0
2019 $3,002 $113,600 $113,600 $0
2018 $3,212 $123,400 $113,600 $9,800
2017 $2,306 $96,100 $94,300 $1,800
2016 $2,282 $96,100 $94,300 $1,800
2015 $2,210 $96,100 $94,300 $1,800
2014 $2,224 $96,100 $94,300 $1,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Casey

    Seller's Agent in 2018

    Ryan Casey

    William Raveis Real Estate

    (401) 316-8346

    112 Total Sales

    Section Image

  • P

    Buyer's Agent in 2018

    Patrick Collins

    Coldwell Banker Realty

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Map

Source: SmartMLS

MLS Number: 170041800

SmartMLS

APN: PRES-000130-000164-000222

Connecticut New London County Preston 06365

222 Route 164, Preston, CT

This home is located at 222 Route 164, Preston, CT 06365 since 11 January 2018 and is currently estimated at $809,375, approximately $2,810 per square foot. 222 Route 164 is a home located in New London County.

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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