NOT LISTED FOR SALE

3 Water St Unit 304 Mystic, CT 06355

Mystic Historic District Neighborhood

Estimated Value: $730,000 - $851,000

2 Beds
2 Baths
1,082 Sq Ft
$408/mo HOA Fee

Last Sold May 23, 2024

Last sale price $762,500 $705 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,542/month

221 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • Thermal Windows
  • Programmable Thermostat
  • Property is near public transit
  • Public Transportation
  • 4-minute walk to Mystic River Park

About This Home

As of May 2024

Enjoy this beautiful one-story living 3rd floor condo in the heart of downtown Mystic. Take in the sights and sounds of everything Mystic has to offer while leaving your car in the private parking garage. You will enjoy walking to all your favorite restaurants, shops, and marina's. If you choose to stay in, the gourmet kitchen is well appointed with top-of-line appliances, quartz counters and under counter lighting. The open concept living and dining area, perfect for entertaining, has water and city views. The primary bedroom is bright and roomy with a large walk-in closet with custom California Closet shelving. The attached bath is beautifully done with a large, tiled walk-in shower. The 2nd bedroom is large and inviting for you or your guests. A shared roof-top deck with breathtaking views is available for your outdoor enjoyment. All that is left to do is move in and start enjoying this gorgeous property.

Last Agent to Sell the Property

Susan Johnson

Coldwell Banker Realty License #RES.0800027 Listed on: 10/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Cheryl Bertini

Redfin Corporation License #RES.0810926

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,096

Year Built

  • Built in 2020

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding
  • Steel Siding

Interior Spaces

  • 1,082 Sq Ft Home
  • Thermal Windows

Kitchen

  • Oven or Range
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops

Utilities

  • Mini Split Air Conditioners
  • Wall Furnace
  • Heating System Mounted To A Wall or Window
  • Programmable Thermostat
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2770188

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, flood insurance
  • 14 Units
  • Mid-Rise Condominium
  • Property managed by Sound Real Estate

Amenities

  • Public Transportation
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,096

Year Built

Built in 2020

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Style: Mid Rise
  • Sq Ft Est Heated Above Grade: 1082
  • Total Sq Ft: 1082
  • Year Built: 2020
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Association Amenities: Elevator
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 1082
  • Directions: use GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1082
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Interior Amenities: Cable - Available, Elevator
  • Appliances: Oven/Range, Refrigerator, Subzero, Icemaker, Dishwasher, Washer, Dryer
  • Laundry Room Location: In unit
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 3
  • Other SqFt Description: Per building records

Exterior Features

  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: No
  • Construction Description: Frame, Steel

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Parking Garage

Utilities

  • Cooling System: Split System
  • Heat Type: Hot Air, Wall Unit
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Flood Insurance
  • Levels In Unit: 4
  • HOA Fees: 1223
  • HOA Fee Frequency: Quarterly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Josh Parsons
  • Property Mgt Company Name: Sound Real Estate
  • Total Number of Units In Complex: The Standard

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Lot Description: City Views Historic District Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: MDD
  • Parcel #: 2770188

Rental Info

  • Pets Allowed Info: yes
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 14

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10096
  • Total Assessed Value: 415380
  • Mil Rate Total: 24.306

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
May 23, 2024
Sold by
Stowell Elizabeth M
Bought by
Michel Iain J and Michel Laura E
Seller's Agent
Susan Johnson
Coldwell Banker Realty
Buyer's Agent
Cheryl Bertini
Redfin Corporation
List Price
$850,000
Sold Price
$762,500
Premium/Discount to List
-$87,500
-10.29%
Views
431
Current Estimated Value
$790,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,190
Avg. Annual Appreciation
2.77%
Original Mortgage
$250,000
Outstanding Balance
$247,176
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,927

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jul 14, 2021
Sold by
3 Water Street Llc
Bought by
Miles-Stowell Elizabeth
Seller's Agent
Jonathan Shockley
Switz Real Estate Associates
Buyer's Agent
Jonathan Shockley
Switz Real Estate Associates
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Source: Public Records

Range of Values:

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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
Michel Iain J $762,500 None Available
Michel Iain J $762,500 None Available
Miles-Stowell Elizabeth $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michel Iain J $250,000
Closed Michel Iain J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $762,500 -4.7% $705 / Sq Ft
04/05/2024 04/05/24 Price Changed $800,000 -3.0% $739 / Sq Ft
03/08/2024 03/08/24 Price Changed $825,000 -2.9% $762 / Sq Ft
10/15/2023 10/15/23 For Sale $850,000 +41.7% $786 / Sq Ft
07/21/2021 07/21/21 Sold $600,000 0.0% $451 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $600,000 -- $451 / 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 $11,307 $415,380 $124,614 $290,766
2024 $10,503 $415,380 $124,614 $290,766
2023 $10,096 $415,380 $0 $415,380
2022 $9,875 $415,380 $0 $415,380
Source: Public Records

Agents Affiliated with this Home

  • Susan Johnson

    Seller's Agent in 2024

    Susan Johnson

    Coldwell Banker Realty

    (860) 536-9618

    3 in this area

    52 Total Sales

    Susan Johnson
    Section Image
  • Jonathan Shockley

    Seller's Agent in 2021

    Jonathan Shockley

    Switz Real Estate Associates

    (860) 917-6016

    25 in this area

    71 Total Sales

    Jonathan Shockley
    Section Image
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Map

Source: SmartMLS

MLS Number: 170604414

SmartMLS

APN: GROT M:261918308781 L:304

Connecticut New London County Mystic 06355 Mystic Historic District

3 Water St Unit 304, Mystic, CT

This home is located at 3 Water St Unit 304, Mystic, CT 06355 since 15 October 2023 and is currently estimated at $790,690, approximately $730 per square foot. This property was built in 2020. 3 Water St Unit 304 is a home located in New London County with nearby schools including Northeast Academy Arts Magnet School, Groton Middle School, and Robert E. Fitch High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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