Seller's Agent in 2020
Joshua Weisman
William Raveis Real Estate
(917) 882-7673
15 in this area
32 Total Sales
242 Ocean Dr E Stamford, CT 06902
Shippan NeighborhoodEstimated Value: $3,023,000 - $3,407,000
4
Beds
4.5
Baths
4,636
Sq Ft
$701/Sq Ft
Est. Value
Highlights
- Water Views
- Home fronts a sound
- Sub-Zero Refrigerator
- Beach Access
- Spa
- 0.82 Acre Lot
About This Home
As of October 2020Imagine waking up every day to shining views of the Long Island Sound where access to the beach is only a few steps away from your backyard! Welcome to 242 Ocean Drive East located in coveted Shippan Point. This magnificent custom-made home is expertly cited on nearly an acre of land with views of the water from every room. The expansive yard offers park-like grounds which provides the perfect setting for your kids and guests to enjoy. This property is an entertainer’s paradise with a multi-level deck that houses a built-in spa and fire pit. Kayaking, paddle boarding, swimming, fishing, and the best beach in Shippan are all just mere steps from your backdoor. As the evening settles in get ready to relax on the bluestone patio with friends and family around the fire pit enjoying mesmerizing sunsets and watching the moon rise high above the sound. The property has ample room to accommodate a swimming pool if one is desired now or in the future. This beautiful home sits on one of the highest elevation points in coastal Stamford which means there is no requirement for flood insurance! The house is located minutes from the vibrant Stamford downtown area and the Stamford train station, where 45-minute express trains to NYC leave multiple times an hour. Come and see what CT shoreline living is all about!
Last Agent to Sell the Property
William Raveis Real Estate License #RES.0797116 Listed on: 06/25/2020
Last Buyer's Agent
William Raveis Real Estate License #RES.0797116 Listed on: 06/25/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,793
Year Built
- Built in 1998
Lot Details
- 0.82 Acre Lot
- Home fronts a sound
- Corner Lot
- Level Lot
- Many Trees
- Property is zoned R20
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
- Radon Mitigation System
Interior Spaces
- 2 Fireplaces
- Water Views
- Finished Basement
- Partial Basement
- Attic or Crawl Hatchway Insulated
- Home Security System
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Circular Driveway
Outdoor Features
- Spa
- Beach Access
- Walking Distance to Water
- Balcony
- Covered Deck
- Patio
- Rain Gutters
Location
- Property is near golf course
Schools
- Stamford High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Sep 28, 2020
Sold by
Falcon Andrew M and Falcon Natalie J
Bought by
John H Friedman T H and John Friedman
Seller's Agent
Joshua Weisman
William Raveis Real Estate
Buyer's Agent
Joshua Weisman
William Raveis Real Estate
List Price
$2,225,000
Sold Price
$2,100,000
Premium/Discount to List
-$125,000
-5.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,148,247
Avg. Annual Appreciation
8.59%
Original Mortgage
$1,400,000
Outstanding Balance
$1,245,225
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,003,022
Purchase Details
Listed on
Apr 5, 2012
Closed on
May 15, 2012
Sold by
Warrick William W
Bought by
Falcon Natalie J and Falcon Andrew M
Seller's Agent
June Rosenthal
William Pitt Sotheby's Int'l
Buyer's Agent
June Rosenthal
William Pitt Sotheby's Int'l
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.58%
Original Mortgage
$550,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John H Friedman T H | $2,100,000 | None Available | |
| John H Friedman T H | $2,100,000 | None Available | |
| Falcon Natalie J | $2,000 | -- | |
| Falcon Natalie J | $2,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John H Friedman T H | $1,400,000 | |
| Closed | John H Friedman T H | $1,400,000 | |
| Previous Owner | Falcon Natalie J | $550,000 | |
| Previous Owner | Falcon Natalie J | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2020 10/02/20 | Sold | $2,100,000 | -5.6% | $453 / Sq Ft | |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- | |
| 06/25/2020 06/25/20 | For Sale | $2,225,000 | +11.3% | $480 / Sq Ft | |
| 05/14/2012 05/14/12 | Sold | $2,000,000 | -11.1% | $511 / Sq Ft | View Prior Sale |
| 04/14/2012 04/14/12 | Pending | -- | -- | -- | |
| 04/05/2012 04/05/12 | For Sale | $2,250,000 | -- | $575 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $37,877 | $1,583,490 | $712,400 | $871,090 |
| 2024 | $36,990 | $1,583,490 | $712,400 | $871,090 |
| 2023 | $39,967 | $1,583,490 | $712,400 | $871,090 |
| 2022 | $34,844 | $1,282,450 | $593,530 | $688,920 |
| 2021 | $34,549 | $1,282,450 | $593,530 | $688,920 |
| 2020 | $33,793 | $1,282,450 | $593,530 | $688,920 |
| 2019 | $33,791 | $1,282,380 | $593,530 | $688,850 |
| 2018 | $32,739 | $1,282,380 | $593,530 | $688,850 |
| 2017 | $33,882 | $1,260,040 | $570,490 | $689,550 |
| 2016 | $32,912 | $1,260,040 | $570,490 | $689,550 |
| 2015 | $31,121 | $1,223,810 | $570,490 | $653,320 |
| 2014 | $30,338 | $1,223,810 | $570,490 | $653,320 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Weisman
-
J
Seller's Agent in 2012
June Rosenthal
William Pitt
Map
Source: SmartMLS
MLS Number: 170291780
APN: STAM-000004-000000-002099
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