NOT LISTED FOR SALE

Estimated Value: $735,000 - $1,952,000

0.19 Acre
$8,106,084 Price per Acre
8,276 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $750,000 $494 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,543/month

95 Days on Market

Highlights

  • Beach Front
  • No HOA
  • Property is near shops
  • Jonathan Law High School Rated A-

About This Lot

As of August 2020

DIRECT WATERFRONT LOT. Private sandy beach. 60 feet of water frontage.

Come see the view of Long Island Sound and Charles Island from this spacious property located in a sought-after beach neighborhood. Bring your builder or architect and imagine your dream home on this idyllic spot.

Take a stroll on the beach, or a morning run under sun-streaked skies, or take a short drive to Milford’s bustling historic downtown where you will find boutique shopping, fine restaurants, town parks, tennis courts, and many other attractions. Milford Harbor, which is located just a few nautical miles east of this location, offers several established marinas as well as the Milford Yacht Club.

The big-city services and cultural attractions of New Haven and Yale University are only two towns up the shore. The Milford train station, a short drive from here, puts New York City in quick and easy range. Entrances to both I-95 and the Merritt Parkway are also conveniently nearby.

286 Broadway offers the best waterfront lot value on the market in Milford.

Enjoy fishing, boating, swimming and sunbathing right out your own front door. It’s like having a permanent vacation in your own home. Call today for a private showing.

Last Agent to Sell the Property

Thomas Scott

Coldwell Banker Realty License #RES.0615132 Listed on: 03/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Karen Berwick

Real Estate Two License #RES.0439950

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,177

Lot Details

  • 8,276 Sq Ft Lot
  • Beach Front
  • Home fronts a sound

Property Views

  • Water Views

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Jonathan Law High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$11,177

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Private School(s), Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 08/03/2020
  • Directions: Milford Point Road to Seaview Avenue to Broadway.
  • Special Features: None

Interior Features

  • Street Number Modifier: 286

Exterior Features

  • Waterfront Description: Direct Waterfront, Frontage, L. I. Sound Frontage, Beach
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 60

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No
  • Sewer Usage Fee Annual: 328

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Jonathan Law

Lot Info

  • Acres: 0.1900
  • Lot Description: In Flood Zone, Water View
  • Flood Zone: Yes
  • Lots Number Of: 1
  • Zoning: RES

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11177
  • Total Assessed Value: 403790
  • Mil Rate Base: 27.680
  • Mil Rate Total: 27.680
  • Assessor Parcel Number: 1197701

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Aug 18, 2020
Sold by
Ippolito Elizabeth A Est
Bought by
Koenig Robert M and Koenig Shari C
Seller's Agent
Thomas Scott
Coldwell Banker Realty
Buyer's Agent
Karen Berwick
Real Estate Two
List Price
$888,000
Sold Price
$750,000
Premium/Discount to List
-$138,000
-15.54%
Current Estimated Value
$1,540,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,156
Avg. Annual Appreciation
15.06%
Original Mortgage
$300,000
Outstanding Balance
$265,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,274,531
Source: Public Records

Range of Values:

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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
Koenig Robert M $750,000 None Available
Koenig Robert M $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Robert M $300,000
Closed Koenig Robert M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $750,000 -15.5% $494 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $888,000 -- $585 / 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 $28,134 $952,070 $522,690 $429,380
2024 $27,743 $952,070 $522,690 $429,380
2023 $25,868 $952,070 $522,690 $429,380
2022 $25,373 $952,070 $522,690 $429,380
2021 $11,165 $403,790 $403,790 $0
2020 $11,177 $403,790 $403,790 $0
2019 $12,608 $455,000 $361,280 $93,720
2018 $12,622 $455,000 $361,280 $93,720
2017 $15,966 $574,520 $437,440 $137,080
2016 $16,242 $583,390 $437,440 $145,950
2015 $16,265 $583,390 $437,440 $145,950
2014 $15,880 $583,390 $437,440 $145,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170283157

SmartMLS

APN: MILF-000009-000130-000014