NOT LISTED FOR SALE

26 Paper Mill Rd Lisbon, CT 06351

Estimated Value: $67,000 - $79,000

1.32 Acres
$54,293 Price per Acre
57,499 Sq Ft Lot

Last Sold January 23, 2025

Last sale price $67,000 $49 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $465/month

68 Days on Market

About This Lot

As of January 2025

Sometimes a sloping lot is a good thing especially if it gives you water views! This lot has several sites to build on and has what we believe to be a good well already there. From any vantage point on the lot you have a clear view of Versailles Pond. For the fisherman, Versailles Pond has largemouth Bass, pickerel, yellow perch and brown bullhead. Fish across the street! You have the advantage of lower Lisbon taxes, a lot that formerly had a home on it and a location that is 5 minutes from Route 395. Check it out for your new build.

Last Agent to Sell the Property

Leo Chomen

Signature Properties of NewEng License #RES.0752883 Listed on: 05/16/2024

Last Buyer's Agent

Kareema Williams

RE/MAX Legends License #RES.0814000

RE/MAX Legends

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,059

Lot Details

  • 1.32

Utilities

  • Well Required
  • Cable TV Available

Additional Features

  • 1.32 Acre Lot
  • Property is near public transit

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1518187

Property Details

Property Type

Land

Est. Annual Taxes

$1,059

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Lake, Park, Public Rec Facilities, Public Transportation
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Route 97 towards Occum to right at Bridge Street (Brodys Seafood in front of you) Road turns into main Street and then Paper Mill Road, lot on right across from Versailles Pond.
  • Financing Used: FHA
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Walk to Water View
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable Available, Electric
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 1.32
  • Lot Description: Dry Sloping Lot Cleared Water View
  • Flood Zone: No
  • Lot Improvements: Rough Graded, Shed
  • Lots Number Of: 1
  • Zoning: RES
  • Parcel #: 1518187

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 1059

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Dec 2, 2024
Sold by
Mattern George J
Bought by
Farley Cavin
Seller's Agent
Leo Chomen
Signature Properties of NewEng
Buyer's Agent
Kareema Williams
RE/MAX Legends
List Price
$70,000
Sold Price
$67,000
Premium/Discount to List
-$3,000
-4.29%
Views
31
Current Estimated Value
$71,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,667
Avg. Annual Appreciation
6.97%
Original Mortgage
$253,944
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2021
Sold by
Jannco Lenders Llc
Bought by
Mattern George J

Purchase Details

Closed on
Apr 13, 2016
Sold by
Gdr Investments Llc
Bought by
2 Rivers Const Llc

Purchase Details

Listed on
Oct 28, 2015
Closed on
Dec 3, 2015
Sold by
Deutsche Bk Natl T Co
Bought by
Gdr Investments Llc
Seller's Agent
Jonathan King
Aspen Realty Group
Buyer's Agent
Bill Heenan
William Raveis Real Estate
List Price
$41,600
Sold Price
$51,000
Premium/Discount to List
$9,400
22.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$40,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Deutsche Bank Natl T C
Bought by
Cox Seth and Cox Daniel

Purchase Details

Closed on
Aug 23, 2004
Sold by
Nelson Nany
Bought by
Cox Seth and Cox Daniel
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
Farley Cavin -- None Available
Farley Cavin -- None Available
Mattern George J $35,000 None Available
Mattern George J $35,000 None Available
Mattern George J $35,000 None Available
2 Rivers Const Llc $51,000 --
2 Rivers Const Llc $51,000 --
Gdr Investments Llc $51,000 --
2 Rivers Const Llc $51,000 --
2 Rivers Const Llc $51,000 --
Cox Seth $126,750 --
Cox Seth $126,750 --
Cox Seth $205,000 --
Cox Seth $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farley Cavin $253,944
Previous Owner Cox Seth $40,800
Previous Owner Cox Seth $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold $67,000 -4.3% $49 / Sq Ft
12/27/2024 12/27/24 For Sale $70,000 0.0% $51 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $70,000 +37.3% $51 / Sq Ft
11/30/2015 11/30/15 Sold $51,000 +22.6% $37 / Sq Ft View Prior Sale
11/10/2015 11/10/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $41,600 -- $30 / 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 $1,112 $41,650 $41,650 $0
2024 $1,059 $41,650 $41,650 $0
2023 $976 $41,650 $41,650 $0
2022 $1,241 $55,840 $41,650 $14,190
2021 $1,274 $54,830 $44,100 $10,730
2020 $1,274 $54,830 $44,100 $10,730
2019 $1,274 $54,830 $44,100 $10,730
2018 $2,284 $101,520 $44,100 $57,420
2017 $2,284 $101,520 $44,100 $57,420
2014 $2,256 $115,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leo Chomen

    Seller's Agent in 2025

    Leo Chomen

    Signature Properties of NewEng

    (860) 447-8839

    2 in this area

    165 Total Sales

    Leo Chomen
    Section Image
  • Kareema Williams

    Buyer's Agent in 2025

    Kareema Williams

    RE/MAX

    (860) 451-8000

    1 in this area

    26 Total Sales

    Kareema Williams
    Section Image
  • Jonathan King

    Seller's Agent in 2015

    Jonathan King

    Aspen Realty Group

    (860) 303-0723

    44 Total Sales

    Jonathan King
    Section Image
  • Bill Heenan

    Buyer's Agent in 2015

    Bill Heenan

    William Raveis Real Estate

    (860) 850-2697

    1 in this area

    712 Total Sales

    Bill Heenan
    Section Image
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Map

Source: SmartMLS

MLS Number: 24018067

SmartMLS

APN: LISB-000003-000039

Connecticut New London County Lisbon 06330

26 Paper Mill Rd, Lisbon, CT

Not Listed for Sale

Lots

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