$656,500
SOLD MAY 20, 2021

298 Elm St Stonington, CT 06378

4 Beds
1.5 Baths
2,775 Sq Ft
5 Acres

Recently Sold

$237 Per Sq Ft

6% Below List Price

6 Days on Market

Highlights

  • Barn
  • Stables
  • Open Floorplan
  • Stonington Middle School Rated A-
  • 5 Acre Lot
  • Colonial Architecture

About This Home

As of May 2021

Fabulous, spacious, and sunny Colonial with open floor plan! This home offers an updated eat in kitchen, that includes a breakfast bar and stainless-steel appliances. Adjacent to the kitchen is a large great room and formal dining area with vaulted ceilings appointed with planked wood. This home also includes a sunroom to watch the seasons go by. A family room with a stone fireplace that can also be used as a den, office, or library or formal living room. The possibilities are endless. Plus, convenient first floor laundry. Stunning Harwood floors. Four bedrooms and one full bath upstairs. and a half baths this home offers a total of 2775 square feet. A patio for outdoor enjoyment! Five acres of pastures and wooden splendor complete with a three-stall barn, lean to shed, multiple paddocks, riding trails, and a detached garage. Located within walking distance to Stonington Borough. And close to Mystic and Westerly RI as well. This property is a place to bring your dreams to life! Make an appointment today! Make sure to check out walk through video!

Last Agent to Sell the Property

Michael Hvizdo

Coldwell Banker Realty License #RES.0811074 Listed on: 03/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Michael Zerbini

IMT Realty License #RES.0805284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,333

Year Built

  • Built in 1962

Lot Details

  • 5 Acre Lot
  • Stone Wall
  • Secluded Lot
  • Partially Wooded Lot
  • Property is zoned RR-80

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,775 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near a golf course

Schools

  • Stonington High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,333

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2775
  • Public Record Living Room Sq Ft: 2775
  • Total Sq Ft: 2775
  • Year Built: 1962
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Paddle Tennis, Park, Playground/Tot Lot, Private School(s)
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4736
  • Directions: Take exit 91 for CT-234 toward No. Main St/Stonington/Borough> Turn right onto CT-234 W Turn left onto N Main St>Turn left onto US-1 N>Turn right onto US-1A S Turn right >298 Elm St, Stonington, CT 06378
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 298

Exterior Features

  • Exterior Features: Barn, Deck, Paddock, Porch-Enclosed, Stable, Stone Wall
  • Exterior Siding: Shingle, Cedar, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 5.0000
  • Lot Description: Farm Land, May be Subdividable, Dry, Secluded, Lightly Wooded, Fence - Stone
  • Flood Zone: No
  • Zoning: RR-80
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7333
  • Total Assessed Value: 305400
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 0.650
  • Mil Rate Total: 24.010
  • Assessor Parcel Number: 2077545

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Fraser Stephanie A
Bought by
Fraser Stephanie A and Fraser Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Outstanding Balance
$599,641
Interest Rate
7.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$288,528

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 17, 2021
Sold by
Mcgugan Vianna L
Bought by
Fraser Stephanie A and Cooley Jeremy
Seller's Agent
Michael Hvizdo
Coldwell Banker Realty
Buyer's Agent
Michael Zerbini
IMT Realty
List Price
$699,900
Sold Price
$656,500
Premium/Discount to List
-$43,400
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$520,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2021
Sold by
Mcgugan Vianna L
Bought by
Maderia Travis L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $656,500 None Available
Warranty Deed $656,500 None Available
Warranty Deed $656,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $609,000 Stand Alone Refi Refinance Of Original Loan
Closed $609,000 New Conventional
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $55,000 No Value Available
Previous Owner $264,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $260,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $900,000 0.0% $357 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $900,000 +37.1% $357 / Sq Ft
05/20/2021 05/20/21 Sold $656,500 -6.2% $237 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $699,900 -- $252 / 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 $8,714 $466,500 $168,000 $298,500
2024 $8,385 $466,500 $168,000 $298,500
2023 $8,374 $466,500 $168,000 $298,500
2022 $7,394 $305,400 $140,900 $164,500
2021 $7,467 $305,400 $140,900 $164,500
2020 $7,333 $305,400 $140,900 $164,500
2019 $7,333 $305,400 $140,900 $164,500
2018 $7,125 $305,400 $140,900 $164,500
2017 $7,071 $298,600 $151,000 $147,600
2016 $6,871 $298,600 $151,000 $147,600
2015 $6,575 $298,600 $151,000 $147,600
2014 $6,309 $298,600 $151,000 $147,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170379001

SmartMLS

APN: STON-000080-000002-000019