NOT LISTED FOR SALE

23 Cormorant Rd Mystic, CT 06355

Estimated Value: $881,000 - $1,700,443

0.64 Acre
$2,189,236 Price per Acre
27,878 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $365,000 $118 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $8,493/month

271 Days on Market

Highlights

  • Public Water Access
  • Cul-De-Sac
  • Many Trees
  • Stonington Middle School Rated A-
  • Property is near shops

About This Lot

As of March 2021

PRIVATELY SITED ON A QUIET CUL-DE-SAC NEAR THE ENTRANCE OF DESIRABLE MASONS ISLAND. .63 ACRES LOT WITH 324' ROAD FRONTAGE. ENTER THROUGH STONE PILLARS TO YOUR LOT. MAKE YOUR DREAM HOME A REALITY! DESIGN AND BUILD YOUR HOME. PREMIER PARCEL OFFERS EXCELLENT VALUE AND LOCATION. CHOOSE YOUR OWN BUILDER. CENTRALLY LOCATED BETWEEN NEW YORK AND BOSTON. DIRECTLY SITUATED BETWEEN HISTORIC DOWNTOWN MYSTIC AND STONINGTON BOROUGH. ALSO LOCATED NEAR BEACHES, VILLAGE, YACHT CLUB, DEEP WATER MARINAS, GREAT SHOPPING, RESTAURANTS, GOURMET TAKE OUT. MASONS ISLAND PRIVATE ASSOCIATION OFFERS BEACH AND BOATING OPPORTUNITIES. DOCKING AVAILABLE FOR AN ADDITIONAL FEE. MUNICIPAL WATER TO SITE, PRIVATE SEPTIC REQUIRED. OUT OF THE FLOOD ZONE. ASSOCIATION FEE $300/YEAR, FOR ROAD MAINTENANCE, ETC.. OWNER CAN BE PROPOSED FOR MEMBERSHIP TO MIYC. MEMBERSHIP IS NOT GUARANTEED. DOCKING AVAILABLE AT ALLYS ALLY DOCK $1,400/SEASON + TAX. FOR UP TO A 17' BOAT DOCKING AVAILABLE FOR LARGER BOAT AT OLD NORTH ROAD DOCK FOR $1,700/SEASON + TAX ARCHITECTURAL REVIEW REQUIRED

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 04/22/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 04/22/2020

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,893

Lot Details

  • 0.64 Acre Lot
  • Cul-De-Sac
  • Sloped Lot
  • Many Trees
  • Property is zoned RM-15

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Deans Mill Elementary School
  • Stonington Middle School
  • Stonington High School

Additional Features

  • Property is near shops
  • Cable TV Available

Community Details

Recreation

  • Public Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,893

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/17/2020
  • Directions: Mason's Island Rd. to Cormorant. Lot on left. See Sign.
  • Special Features: None

Exterior Features

  • Waterfront Description: Water Community, Association Optional
  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.6400
  • Lot Description: On Cul-De-Sac, In Subdivision, Sloping Lot, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 1
  • Zoning: RM-15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3893
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 1.250
  • Assessor Parcel Number: 2077838

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Stonington
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Mar 10, 2021
Sold by
Masons Island Co
Bought by
Renzulli Sara J and Gelbar Nicholas W
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$1,401,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,111
Avg. Annual Appreciation
33.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Renzulli Sara J $365,000 None Available
Renzulli Sara J $365,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $365,000 -2.7% $118 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
04/22/2020 04/22/20 For Sale $375,000 -- $121 / 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 $13,442 $693,600 $228,700 $464,900
2024 $12,901 $693,600 $228,700 $464,900
2023 $10,636 $574,900 $228,700 $346,200
2022 $3,941 $158,200 $158,200 $0
2021 $3,971 $158,200 $158,200 $0
2020 $3,893 $158,200 $158,200 $0
2019 $3,893 $158,200 $158,200 $0
2018 $3,770 $158,200 $158,200 $0
2017 $4,244 $176,600 $176,600 $0
2016 $4,125 $176,600 $176,600 $0
2015 $3,933 $176,600 $176,600 $0
2014 $3,749 $176,600 $176,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2021

    Judi Caracausa

    William Pitt

    (860) 912-9903

    61 in this area

    174 Total Sales

    Judi Caracausa
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Map

Source: SmartMLS

MLS Number: 170288329

SmartMLS

APN: STON-000176-000008-000001H

Connecticut New London County Mystic 06355

23 Cormorant Rd, Mystic, CT

Not Listed for Sale

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