NOT LISTED FOR SALE

Estimated Value: $556,000 - $864,808

6 Beds
6.5 Baths
3,312 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $650,000 $196 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,755/month

350 Days on Market

Highlights

  • Waterfront
  • Finished Attic
  • Balcony
  • Covered Deck
  • Attic
  • 1-minute walk to Beebe Pond Park

About This Home

As of June 2024

Unique opportunity to own Waterfront property with investment potential in the historic district of Noank! DEEP requires dock to be removed and apply for permit. Significant repairs are needed including leak in roof. This multi-family home is minutes away from downtown Mystic and within walking distance to the charming seaside village of Noank. All of the units have beautiful water views. Three of the units have panoramic views of Masons Island, Fishers Island Sound and the Mystic River. There are a total of 15 rooms of which include 6 bedrooms, 6 full and 1 half baths, and a kitchen in each unit. Work remotely from home while enjoying the water views. After a long day, take a relaxing swim or kayak out to the water to unwind just steps from your backdoor. Noank is situated halfway between New York and Boston. Close to Amtrak train, I-95 and major employers: Electric Boat, Pfizer, L&M Hospital, and the Naval Submarine Base. Become a part of this wonderful community and its neighboring towns that offer an array of restaurants, cultural activities, vineyards, farmers markets, beaches, marinas, nature trails, boutiques and more. The house legally is a two-family house as reflected on the property card. Property will need updating and repairs.

Last Agent to Sell the Property

Greg Broadbent

RE/MAX Coast and Country License #REB.0789803 Listed on: 03/29/2023

RE/MAX Coast and Country

Last Buyer's Agent

Gramoz Mema

Complete Real Estate License #RES.0823836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,476

Year Built

  • Built in 1889

Lot Details

  • 0.34 Acre Lot
  • Waterfront

Parking

  • Parking Deck

Home Design

  • 3,312 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Covered Deck
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1958826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,476

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Neighborhood: Noank
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3312
  • Total Sq Ft: 3312
  • Year Built: 1889
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Playground/Tot Lot
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3312
  • Directions: I-95 to Exit 89 onto Route 614/Allyn Street towards Mystic. Turn right onto CT-215 E/Noank Road. Continue to follow CT-215 E. Destination will be on the left.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 3312
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Attic Description: Heated, Finished, Walk-up
  • Basement Description: Full, Partially Finished, Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 270

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Covered Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Ocean Frontage Walk to Water View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

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

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Groton Middle School
  • High School: Fitch Senior

Lot Info

  • Acres: 0.34
  • Lot Description: Some Wetlands Sloping Lot Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-20
  • Parcel #: 1958826

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 4

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10476
  • Total Assessed Value: 443730
  • Mil Rate Total: 23.61

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Groton Middle School
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 3, 2024
Sold by
Dipiazza Joseph S
Bought by
Express Ct Hm Buyers Llc
Seller's Agent
Greg Broadbent
RE/MAX Coast and Country
Buyer's Agent
Gramoz Mema
Complete Real Estate
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Views
1370
Current Estimated Value
$695,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,952
Avg. Annual Appreciation
6.29%
Original Mortgage
$665,000
Outstanding Balance
$657,897
Interest Rate
7.17%
Mortgage Type
Commercial
Estimated Equity
$38,055

Purchase Details

Closed on
Jan 9, 1989
Sold by
Haffkine Ron
Bought by
Dipiazza Joseph
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
Express Ct Hm Buyers Llc $650,000 None Available
Express Ct Hm Buyers Llc $650,000 None Available
Dipiazza Joseph $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Express Ct Hm Buyers Llc $665,000
Closed Express Ct Hm Buyers Llc $665,000
Previous Owner Dipiazza Joseph $938,250
Previous Owner Dipiazza Joseph $306,000
Previous Owner Dipiazza Joseph $210,000
Previous Owner Dipiazza Joseph $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $650,000 -7.1% $196 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $700,000 0.0% $211 / Sq Ft
02/29/2024 02/29/24 For Sale $700,000 -12.5% $211 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $800,000 -3.0% $242 / Sq Ft
06/28/2023 06/28/23 Price Changed $825,000 -2.9% $249 / Sq Ft
05/02/2023 05/02/23 Price Changed $850,000 -5.6% $257 / Sq Ft
03/29/2023 03/29/23 For Sale $900,000 -- $272 / 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 $10,929 $443,730 $293,643 $150,087
2023 $10,476 $443,730 $229,320 $214,410
2022 $10,263 $443,730 $229,320 $214,410
2021 $10,659 $385,350 $239,120 $146,230
2020 $10,385 $385,350 $239,120 $146,230
2019 $9,915 $385,350 $239,120 $146,230
2018 $9,850 $385,350 $239,120 $146,230
2017 $9,680 $385,350 $239,120 $146,230
2016 $10,586 $455,910 $313,040 $142,870
2015 $10,185 $455,910 $313,040 $142,870
2014 $9,925 $455,910 $313,040 $142,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170559127

SmartMLS

APN: GROT-002608-001684-001070