NOT LISTED FOR SALE

25 Orchard St Unit 3 Stonington, CT 06378

Estimated Value: $1,086,040 - $1,328,000

2 Beds
2.5 Baths
2,256 Sq Ft
$906/mo HOA Fee

Last Sold June 01, 2021

Last sale price $799,000 $354 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,603/month

253 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Attic
  • Mystic Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of June 2021

Stunning 2 BR, 2.5BA condo completely remodeled, down to the studs, with the highest of quality! Custom built kitchen. Luxurious bathrooms with radiant floor heating. Large master bedroom suite. Open floor plan with lots of natural, southern & western exposure light. Computer operated lighting. Wood burning fireplace. Central air. Hardwood floors and brick walls give this unit a sense of elegance. Building amenities include a studio apartment available for guests, waterfront deck, dock, common sitting areas, function room, bicycle room, outdoor gas grill.
Located on the waterfront in Stonington Borough, walking distance to restaurants and shopping and the beach.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 09/21/2020

Last Buyer's Agent

Lorraine Randall

Compass License #RES.0803761

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,558

Year Built

  • Built in 1888

Lot Details

  • Waterfront
  • End Unit
  • Stone Wall

HOA Fees

  • $906 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Awning
  • Water Views
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Parking Deck

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management
  • 21 Units
  • Borough School Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,558

Year Built

Built in 1888

Lot Details

0

HOA Fees

$906 per month

Listing Details

  • Neighborhood: Stonington Borough
  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 2256
  • Public Record Living Room Sq Ft: 2256
  • Total Sq Ft: 2256
  • Year Built: 1888
  • Nearby Amenities: Basketball Court, Library, Paddle Tennis, Playground/Tot Lot, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2256
  • Tax Year Updated Dt: 09/15/2020
  • Directions: Enter into the village and go staight on water st., Left onto church st., And follow to the end and borough school will be on your left on the water.
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Interior Amenities: Open Floor Plan
  • Appliances: Cook Top, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Wine Chiller
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Features: Awnings, Deck, Lighting, Stone Wall
  • Exterior Siding: Brick
  • Waterfront Description: Direct Waterfront, Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Carport

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management
  • Complex Name: Borough School
  • Levels In Unit: 2
  • HOA Fees: 906
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Lot Description: Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RP

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9558
  • Total Assessed Value: 362600
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 3.000
  • Mil Rate Total: 26.360
  • Assessor Parcel Number: 2073364

Multi Family

  • Total Num Of Units: 21

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
Sep 21, 2020
Closed on
Jun 1, 2021
Sold by
Spencer John S and Spencer Vivian E
Bought by
Krause Norman and Goodwin Ann
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Lorraine Randall
Compass
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,200,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,680
Avg. Annual Appreciation
9.19%
Original Mortgage
$599,250
Outstanding Balance
$548,419
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$599,149

Purchase Details

Closed on
Nov 30, 1995
Sold by
Bulba Joseph J
Bought by
Hazeldon Est Ltd
Source: Public Records

Range of Values:

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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
Krause Norman $799,000 None Available
Krause Norman $799,000 None Available
Krause Norman $799,000 None Available
Hazeldon Est Ltd $245,000 --
Hazeldon Est Ltd $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Norman $599,250
Closed Krause Norman $599,250
Previous Owner Spencer John S $350,000
Previous Owner Hazeldon Est Ltd $350,000
Previous Owner Hazeldon Est Ltd $345,000
Previous Owner Hazeldon Est Ltd $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Pending -- -- --
06/01/2021 06/01/21 Sold $799,000 0.0% $354 / Sq Ft
09/21/2020 09/21/20 For Sale $799,000 -- $354 / 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
2024 $12,794 $656,100 $0 $656,100
2023 $12,892 $656,100 $0 $656,100
2022 $12,234 $458,900 $0 $458,900
2021 $9,736 $362,600 $0 $362,600
2020 $9,558 $362,600 $0 $362,600
2019 $9,558 $362,600 $0 $362,600
2018 $9,275 $362,600 $0 $362,600
2017 $10,087 $390,500 $0 $390,500
2016 $9,805 $390,500 $0 $390,500
2015 $9,380 $390,500 $0 $390,500
2014 $8,954 $390,500 $0 $390,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170337490

SmartMLS

APN: STON-000101-000034-000001-000003