NOT LISTED FOR SALE

Estimated Value: $721,513 - $878,000

4 Beds
2 Baths
1,858 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $380,000 $205 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,928/month

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 3-minute walk to Purple Playground
  • 1 Fireplace
  • Wood Siding

About This Home

As of May 2024

Bask in the charm and beauty of Mystic, CT at this rental property located at 26 Academy Lane. Nestled in a picturesque neighborhood, this spacious home offers a peaceful retreat from the hustle and bustle of city life. Enjoy the convenience of nearby shops, restaurants, and attractions, all within walking distance. Abundant natural light creates a welcoming and inviting atmosphere in the family room and three season porch. With four bedrooms and two full baths there is plenty of space for everyone, not to mention the convenance of having your laundry room on the second floor convenient to the bedrooms. Make this your home and experience the best of Mystic living at 26 Academy Lane. Owner pays for water, sewer, and trash. Tenant pays all other utilities. Pet considered with pet screening and monthly pet fee. $0 security deposit alternative available to qualified tenants Tenant benefit package and Resident Liability Insurances required (add. $49.95 per or less depending on coverage)

Last Agent to Rent the Property

Jason Archer

PMI East Lyme License #REB.0795489 Listed on: 01/30/2024

Last Renter's Agent

Jason Archer

PMI East Lyme License #REB.0795489 Listed on: 01/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,294

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned RS-12

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 1,858 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • Property managed by PMI

Listing and Financial Details

  • Assessor Parcel Number 1960772

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,294

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Mystic
  • Property Type: Residential Rental
  • Style: Colonial, Victorian
  • Sq Ft Est Heated Above Grade: 1858
  • Total Sq Ft: 1858
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 1858
  • Directions: GPS friendly
  • Living Area Sq Ft Per Public Record: 1858
  • Street Type: Lane
  • Tenant Responsibility: Air Conditioning All Utilities Grounds Maintenance Heat Hot Water
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Unfinished
  • Basement Description: Full, Unfinished
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 26

Exterior Features

  • Exterior Siding: Wood
  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage And Parking: Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Property Management Type: Professional-Off Site
  • Property Manager Email: residential
  • Property Manager Name: Jason Archer
  • Property Mgt Company Name: PMI

Schools

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

Lot Info

  • Acres: 0.15
  • Zoning: RS-12
  • Parcel #: 1960772

Multi Family

  • Total Number Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2018
Closed on
Sep 12, 2018
Sold by
Buntaine-Brewer Donna and Brewer Daniel P
Bought by
Schwartz Joshua M
Seller's Agent
Michael Morrissey
Compass Connecticut, LLC
Buyer's Agent
Lena Schriever
William Pitt Sotheby's Int'l
List Price
$444,900
Sold Price
$380,000
Premium/Discount to List
-$64,900
-14.59%
Current Estimated Value
$799,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,128
Avg. Annual Appreciation
9.93%
Original Mortgage
$388,170
Outstanding Balance
$339,915
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$401,724
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
Schwartz Joshua M $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Joshua M $388,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Rented $3,700 0.0% --
04/24/2024 04/24/24 Under Contract -- -- --
01/30/2024 01/30/24 For Rent $3,700 0.0% --
09/11/2018 09/11/18 Sold $380,000 -2.5% $205 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $389,900 -8.2% $210 / Sq Ft
05/31/2018 05/31/18 Price Changed $424,900 -4.5% $229 / Sq Ft
05/07/2018 05/07/18 For Sale $444,900 -- $239 / 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 $8,294 $304,710 $192,500 $112,210
2024 $7,705 $304,710 $192,500 $112,210
2023 $7,406 $304,710 $144,410 $160,300
2022 $7,244 $304,710 $144,410 $160,300
2021 $5,880 $208,740 $103,950 $104,790
2020 $5,832 $208,740 $103,950 $104,790
2019 $5,580 $208,740 $103,950 $104,790
2018 $5,513 $208,740 $103,950 $104,790
2017 $5,411 $208,740 $103,950 $104,790
2016 $5,772 $240,100 $137,830 $102,270
2015 $5,580 $240,100 $137,830 $102,270
2014 $5,448 $240,100 $137,830 $102,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170620520

SmartMLS

APN: GROT-002619-001831-005618