NOT LISTED FOR SALE

24 Water St Stonington, CT 06378

Estimated Value: $4,248,000 - $4,482,516

3 Beds
5 Baths
4,365 Sq Ft
$992/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $3,000,000 $687 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $26,780/month

414 Days on Market

Highlights

  • Ocean Front
  • Sub-Zero Refrigerator
  • 1 Fireplace
  • Stonington Middle School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of October 2020

This stunning waterfront home with private dock is located in historic Stonington Village and has been completely remodeled to have every convenience, including a cook's kitchen with island, multiple prep areas, Sub-Zero refrigerator and a large Viking range. A wall of French doors leads to a spacious and private porch, or, more aptly, a 3 season living room which overlooks the rear garden, designed by a noted landscape architect, the dock and the active harbor, islands and Fishers Island Sound. A large living room with fireplace adjoins the separate dining room and spacious entry hall. Every main floor room abuts the porch and has extensive ocean views. A substantial elevator goes from the basement where the garage is located, to the kitchen and up to the master bedroom suite. The second floor includes the master suite with a pair of full baths and two large dressing rooms and a guest room, all with quality built-ins. The view of the sea from the master bedroom's wall of windows is sublime. The third floor bedroom with bath is currently furnished as an office and also enjoys the incredible view. Great care was taken to design this property to be a private retreat in the heart of a village full of dining and shopping options and to be suitable for extensive entertaining or to simply relax and enjoy all that summer has to offer. When it's time to play, the dock is just steps away.

Last Agent to Sell the Property

Lynn Young

Switz Real Estate Associates License #RES.0765817 Listed on: 07/18/2019

Last Buyer's Agent

Serene O'Connor

Residential Properties Ltd. License #REB.0506608

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,985

Year Built

  • Built in 1926

Lot Details

  • 9,583 Sq Ft Lot
  • Ocean Front
  • Sloped Lot
  • Sprinkler System
  • Garden
  • Property is zoned R-2

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,365 Sq Ft Home
  • Elevator
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Sitting Room
  • Home Gym
  • Concrete Flooring
  • Water Views
  • Storage In Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Programmable Thermostat
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,985

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: Stonington Village
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4365
  • Public Record Living Room Sq Ft: 4365
  • Total Sq Ft: 4365
  • Year Built: 1926
  • Nearby Amenities: Golf Course, Library, Paddle Tennis, Playground/Tot Lot, Private Rec Facilities, Private School(s), Stables/Riding, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 8974
  • Tax Year Updated Dt: 08/17/2020
  • Directions: Viaduct into Stonington Village. Continue down Water Street nearly to the end white house/blue shutters on right side behind picket fence.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Cooled, Concrete Floor, Garage Access, Storage
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Elevator, Security System
  • Appliances: Oven/Range, Microwave, Range Hood, Subzero, Icemaker, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Exercise Room, Laundry Room, Sitting Room
  • Laundry Room Location: Full Laundry Room with Elevator Access
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: French Doors, Garden Area, Lighting, Porch, Underground Sprinkler
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Ocean Frontage, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.2200
  • Lot Description: Water View, Sloping Lot, Fence - Wood, Professionally Landscaped
  • Flood Zone: Yes
  • Zoning: R-2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 34985
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 3.000
  • Assessor Parcel Number: 2075822

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
Jul 18, 2019
Closed on
Sep 25, 2020
Sold by
Williams Dave H and Williams Reba W
Bought by
Halvorson Halvor M and Halvorson Donni E
Seller's Agent
Lynn Young
Switz Real Estate Associates
Buyer's Agent
Serene O'Connor
Residential Properties Ltd.
List Price
$3,400,000
Sold Price
$3,000,000
Premium/Discount to List
-$400,000
-11.76%
Current Estimated Value
$4,331,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,172
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,800,000
Outstanding Balance
$1,600,423
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,730,749

Purchase Details

Closed on
Mar 30, 2011
Sold by
Hobbs 4Th G Warfield and Connell Susan H
Bought by
Williams Dave H and Williams Reba W

Purchase Details

Closed on
Apr 13, 2007
Sold by
Greenan Jacqueline M
Bought by
Williams Dave H and Williams Reba W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,062,500
Interest Rate
6.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Halvorson Halvor M $3,000,000 None Available
Halvorson Halvor M $3,000,000 None Available
Williams Dave H -- --
Williams Dave H -- --
Williams Dave H $2,750,000 --
Williams Dave H $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halvorson Halvor M $1,800,000
Closed Halvorson Halvor M $1,800,000
Previous Owner Williams Dave H $2,062,500
Previous Owner Williams Dave H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $3,000,000 -11.8% $687 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $3,400,000 0.0% $779 / Sq Ft
04/23/2020 04/23/20 For Sale $3,400,000 +13.3% $779 / Sq Ft
12/01/2019 12/01/19 Off Market $3,000,000 -- --
07/18/2019 07/18/19 For Sale $3,900,000 -- $893 / 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 $47,705 $2,344,900 $1,282,300 $1,062,600
2024 $45,726 $2,344,900 $1,282,300 $1,062,600
2023 $46,077 $2,344,900 $1,282,300 $1,062,600
2022 $30,392 $1,140,000 $766,600 $373,400
2021 $36,081 $1,343,800 $766,600 $577,200
2020 $34,985 $1,327,200 $766,600 $560,600
2019 $34,985 $1,327,200 $766,600 $560,600
2018 $33,950 $1,327,200 $766,600 $560,600
2017 $30,603 $1,184,800 $664,400 $520,400
2016 $29,750 $1,184,800 $664,400 $520,400
2015 $28,459 $1,184,800 $664,400 $520,400
2014 $27,167 $1,184,800 $664,400 $520,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170217939

SmartMLS

APN: STON-000102-000006-000010