NOT LISTED FOR SALE

Estimated Value: $3,370,000 - $7,110,218

1.73 Acres
$3,366,131 Price per Acre
75,359 Sq Ft Lot

Last Sold June 03, 2014

Last sale price $2,900,000

Est. 101% increase in value since last sale

Current estimated payment $35,747/month

420 Days on Market

Highlights

  • Beach Front
  • 1.73 Acre Lot
  • Walking Distance to Water
  • Green's Farms School Rated A+
  • Wetlands on Lot
  • Cul-De-Sac

About This Lot

As of June 2014

Last two building lots available on prestigious Owenoke Park. Lot #24 is 1.23 acres and has frontage to Grays Creek. #26 is .50 acres and currently has a tennis court on the lot. The two .50acre lots will allow houses up to approximately 4800 sq feet houses to be built under the new Planning and Zoning Codes. Build your dream house on one lot with a pool or tennis court or build two houses on the two buildable lots and enjoy living a life of walks to compo beach, Long Shore, Kayaking from Grays Creek. Easy commute from Saugatuck RR to NYC. Enjoy all that Westport offers, theater, wonderful library, downtown with great restaurants, sailing and golf and tennis, the restaurant with water views at The Long Shore Inn.

Last Agent to Sell the Property

Thana Van Rooyen

Coldwell Banker Realty License #RES.0698391 Listed on: 04/09/2013

Last Buyer's Agent

Melanie Smith

Berkshire Hathaway NE Prop. License #REB.0755111

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,289

Lot Details

  • 1.73 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • 2 Lots in the community

Schools

  • Kings Hwy Elementary School
  • Bedford Middle School
  • Staples High School

Additional Features

  • Flood Zone Lot
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$48,289

Lot Details

0

Listing Details

  • Neighborhood: Compo Beach
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Present Use: Vacant
  • Direct Waterfront: Yes
  • Directions: Compo Beach road to Owenoke park
  • Special Features: None

Exterior Features

  • Waterfront Description: Access, Beach, Frontage, Walk to Water, Direct Waterfront
  • Road Frontage Description: Cul-De-Sac, Private Road

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Cable Available, Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Acres: 1.7300
  • Lot Description: On Cul-De-Sac, In Flood Zone, Level Lot, Some Wetlands
  • Lot Improvements: Lot Staked
  • Lots Number Of: 2
  • Subdividable Ynu: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2012-June 2013
  • Property Tax: 48289
  • Assessor Parcel Number: 417129
  • Tax Year Pub Record: 2012

MLS Schools

  • Elementary School: Kings Hwy
  • Middle Jr High School: Bedford
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2016
Sold by
Melnick Keith D and Melnick Mary K
Bought by
Melnick Mary K
Current Estimated Value
$5,823,406

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 4, 2014
Sold by
24 Owenoke Park Llc and Herbert Salzman
Bought by
Melnick Keith D
Seller's Agent
Thana Van Rooyen
Coldwell Banker Realty
Buyer's Agent
Melanie Smith
Berkshire Hathaway NE Prop.
List Price
$3,300,000
Sold Price
$2,900,000
Premium/Discount to List
-$400,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Herbert Salzman T and Herbert Ryan
Bought by
24 Owenoke Park Llc

Purchase Details

Closed on
Jul 12, 1996
Sold by
Fromson Antoinette and Allison Eiane
Bought by
Brenner Howard
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
Melnick Mary K -- --
Melnick Mary K -- --
Melnick Keith D $1,450,000 --
Melnick Mary K $1,450,000 --
Melnick Keith D $1,450,000 --
24 Owenoke Park Llc -- --
24 Owenoke Park Llc -- --
Brenner Howard $775,000 --
Brenner Howard $775,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2014 06/03/14 Sold $2,900,000 -12.1% --
05/04/2014 05/04/14 Pending -- -- --
04/09/2013 04/09/13 For Sale $3,300,000 -- --
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 $62,473 $3,312,435 $1,707,405 $1,605,030
2024 $61,678 $3,312,435 $1,707,405 $1,605,030
2023 $60,783 $3,312,435 $1,707,405 $1,605,030
2022 $59,856 $3,312,435 $1,707,405 $1,605,030
2021 $59,856 $3,312,435 $1,707,405 $1,605,030
2020 $53,424 $3,524,300 $1,711,900 $1,812,400
2019 $59,420 $3,524,300 $1,797,500 $1,726,800
2018 $59,420 $3,524,300 $1,797,500 $1,726,800
2017 $59,420 $3,524,300 $1,797,500 $1,726,800
2016 $30,621 $1,816,200 $1,797,400 $18,800
2015 $24,693 $1,365,000 $1,365,000 $0
2014 $24,488 $1,365,000 $1,365,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99023237

SmartMLS

APN: WPOR-000003C-000000-000024