NOT LISTED FOR SALE

238 Palmer Neck Rd Pawcatuck, CT 06379

Estimated Value: $885,000 - $1,363,000

3.7 Acres
$323,111 Price per Acre
161,172 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $400,000 $714 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $8,731/month

500 Days on Market

Highlights

  • Ocean Front
  • 3.7 Acre Lot
  • No HOA
  • Mystic Middle School Rated A-

About This Lot

As of March 2021

Amazing opportunity for something they’re just not making any more of...Spectacular Waterfront Land. Direct and unobstructed access to the ocean, looking out at Sandy Point and Napatree with a very short boat ride to Watch Hill, Block Island or Narragansett Bay. Neighboring Barn Island which is a 1,000+ acre preserve, and coastal wildlife management area, with hiking and biking trails, as well as a very well maintained and established boat launch. Barn Island has been called the "Wild Coast of Connecticut" as well as "The largest primitive coastal area left unspoiled in Connecticut."
You are minutes away from Historic Mystic Seaport, Stonington Harbor, Stonington Borough and Westerly Rhode Island. Adjoining lot of 4.1 acres available as a package, listing #170222904. Call for more Information

Last Agent to Sell the Property

Zoe Zrakas

William Raveis Real Estate License #RES.0789784 Listed on: 08/04/2019

William Raveis Real Estate

Last Buyer's Agent

Zoe Zrakas

William Raveis Real Estate License #RES.0789784 Listed on: 08/04/2019

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,519

Lot Details

  • 3.7 Acre Lot
  • Ocean Front
  • Property is zoned RC-120

Schools

  • Stonington High School

Additional Features

  • Water Views
  • Flood Zone Lot
  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$10,519

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Park
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 08/17/2020
  • Directions: Pequot trail, right on Farmholme,right on Rte 1, left on Greenhaven, right onto Palmer Neck Road, also GPS friendly
  • Special Features: None

Interior Features

  • Street Number Modifier: 238B

Exterior Features

  • Waterfront Description: Direct Waterfront, Ocean Frontage, Access, View
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 265

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Lot Info

  • Acres: 3.7000
  • Lot Description: Water View
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RC-120

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10519
  • Total Assessed Value: 435200
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 0.810
  • Mil Rate Total: 24.170
  • Assessor Parcel Number: 2074928

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $400,000 -19.8% $714 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $499,000 -16.7% $891 / Sq Ft
02/06/2020 02/06/20 Price Changed $599,000 -14.3% $1,070 / Sq Ft
08/04/2019 08/04/19 For Sale $699,000 -- $1,248 / 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 $26,605 $1,389,300 $409,500 $979,800
2024 $8,980 $489,900 $409,500 $80,400
2023 $7,453 $410,400 $409,500 $900
2022 $11,390 $465,100 $464,300 $800
2021 $11,483 $465,100 $464,300 $800
2020 $11,241 $465,100 $464,300 $800
2019 $11,316 $465,100 $464,300 $800
2018 $11,753 $499,900 $464,300 $35,600
2017 $12,424 $520,700 $485,500 $35,200
2016 $12,007 $520,700 $485,500 $35,200
2015 $11,492 $520,700 $485,500 $35,200
2014 $11,028 $520,700 $485,500 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Zoe Zrakas

    Seller's Agent in 2021

    Zoe Zrakas

    William Raveis Real Estate

    (860) 625-6617

    2 in this area

    61 Total Sales

    Zoe Zrakas
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Map

Source: SmartMLS

MLS Number: 170222829

SmartMLS

APN: STON-000056-000001-000004

Connecticut New London County Pawcatuck 06379

238 Palmer Neck Rd, Pawcatuck, CT

This home is located at 238 Palmer Neck Rd, Pawcatuck, CT 06379 since 04 August 2019 and is currently estimated at $1,195,512, approximately $2,134 per square foot. 238 Palmer Neck Rd is a home located in New London County with nearby schools including Mystic Middle School, Stonington High School, and Pine Point 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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