NOT LISTED FOR SALE

3 School House Rd Mystic, CT 06355

Estimated Value: $493,749 - $645,000

2.08 Acres
$284,415 Price per Acre
90,605 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $439,000

Est. 35% increase in value since last sale

Current estimated payment $3,788/month

1,421 Days on Market

Highlights

  • 2.08 Acre Lot
  • Wetlands on Lot
  • Walking Distance to Water
  • Stonington Middle School Rated A-
  • Partially Wooded Lot
  • Interior Lot

About This Lot

As of May 2023

Accessed down a shared private driveway with a building site well above the flood plain, this 2.08 acre lot is available within the association of Mason's Island. Lightly wooded, west facing, the lot is L shaped with part of its acreage running along a salt marsh. Although the water views are very limited from the
required site, the sunsets and glimpses of the marsh provide surprises with the changing seasons. Some plantings and mature trees exist on the lot, with the opportunity to create a wonderful, private residence in a special setting. Enjoy the convenience of the location and the unusual bonus of a peaceful surrounding. Pedestrian and bicycle friendly ...minutes to I-95, downtown Mystic and Stonington, and the railroad station. A rare offering in every way, and one of the few remaining building lots available.

Last Agent to Sell the Property

Ann Burgess

Berkshire Hathaway NE Prop. License #RES.0088067 Listed on: 02/25/2019

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Ann Burgess

Berkshire Hathaway NE Prop. License #RES.0088067 Listed on: 02/25/2019

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,934

Lot Details

  • 2.08 Acre Lot
  • Property fronts a private road
  • Open Space
  • Interior Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned RA-20,RC-120

HOA Fees

  • $6 Monthly HOA Fees

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Parker Subdivision

Recreation

  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,934

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Private Rec Facilities, Private School(s), Public Rec Facilities
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Deed Restrictions, Lot Restriction(s)
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Rt. 1 to Mason's Island Road, over causeway. Bear left at fork, go by guard shack and take first right onto School House Road. Entrance to lot is over second driveway on left.
  • Special Features: None

Interior Features

  • Street Number Modifier: 3

Exterior Features

  • Waterfront Description: Association Optional, Walk to Water
  • Road Frontage Description: Private Road
  • Road Frontage Approximate: 100

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 70
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Elementary School: Deans Mill
  • Middle School: Per Board of Ed
  • High School: Stonington

Lot Info

  • Acres: 2.0800
  • Lot Description: Interior Lot, Some Wetlands, Borders Open Space, Lightly Wooded, Sloping Lot
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RA-20,RC-120

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5934
  • Total Assessed Value: 227700
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 2.400
  • Mil Rate Total: 26.060
  • Assessor Parcel Number: 2515571

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 26, 2023
Sold by
Prior Parker T and Prior Parker
Bought by
Craig Lathrop and Craig Serafin
Seller's Agent
Ann Burgess
Berkshire Hathaway NE Prop.
Buyer's Agent
Ann Burgess
Berkshire Hathaway NE Prop.
List Price
$425,000
Sold Price
$439,000
Premium/Discount to List
$14,000
3.29%
Current Estimated Value
$591,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,583
Avg. Annual Appreciation
17.43%
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
Craig Lathrop $439,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $439,000 -2.2% --
01/16/2023 01/16/23 Pending -- -- --
04/13/2022 04/13/22 Price Changed $449,000 +5.6% --
04/13/2022 04/13/22 For Sale $425,000 -3.2% --
04/01/2022 04/01/22 Off Market $439,000 -- --
12/29/2020 12/29/20 Price Changed $425,000 +7.6% --
02/25/2019 02/25/19 For Sale $395,000 -- --
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 $6,776 $314,000 $314,000 $0
2024 $6,547 $314,000 $314,000 $0
2023 $5,982 $314,000 $314,000 $0
2022 $5,934 $227,700 $227,700 $0
2021 $5,901 $227,700 $227,700 $0
2020 $5,729 $227,700 $227,700 $0
2019 $5,706 $227,700 $227,700 $0
2018 $5,535 $227,700 $227,700 $0
2017 $6,251 $254,000 $254,000 $0
2016 $6,081 $254,000 $254,000 $0
2015 $5,829 $254,000 $254,000 $0
2014 $5,603 $254,000 $254,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170164536

SmartMLS

APN: STON-000176-000007-000024C