NOT LISTED FOR SALE

301 Pequot Ave Mystic, CT 06355

Old Mystic Neighborhood

Estimated Value: $503,000 - $686,000

1.1 Acres
$536,983 Price per Acre
47,916 Sq Ft Lot

Last Sold May 06, 2019

Last sale price $85,000 $41 Per Sq Ft

Est. 595% increase in value since last sale

Current estimated payment $3,682/month

333 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • Level Lot
  • Partially Wooded Lot

About This Lot

As of May 2019

Build your dream on over 1 acre level lot within walking distance of downtown Mystic. Rear lot on a private drive of newer homes. Lot is level with treed perimeter. Site offers flexibility as to house plan--will work for a ranch, cape or two story.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 06/07/2018

Co-Listed By

Penny Bodle

Switz Real Estate Associates License #RES.0756186

Last Buyer's Agent

Camille Taylor

Taylor Realty Group, LLC License #REB.0756392

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,481

Lot Details

  • 1.1 Acre Lot
  • Dirt Road
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RS-20

Schools

  • Fitch Senior High School

Utilities

  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,481

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Directions: Allyn Street to Edgecomb to left on Pequot
  • Special Features: None

Exterior Features

  • Road Frontage Description: Dirt/Gravel Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.1000
  • Lot Description: Rear Lot, Level Lot, Lightly Wooded
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RS-20

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 1481
  • Mil Rate Base: 23.630
  • Mil Rate Tax District: 2.290
  • Assessor Parcel Number: 2584738

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Smith Steven M
Bought by
Smith Katherine E and Smith Steven M
Current Estimated Value
$590,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$191,940
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$398,741

Purchase Details

Listed on
Jun 7, 2018
Closed on
May 1, 2019
Sold by
Shepherd Carl L
Bought by
Smith Steven M
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Camille Taylor
Taylor Realty Group, LLC
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.26%
Original Mortgage
$208,257
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Katherine E -- None Available
Smith Katherine E -- None Available
Smith Steven M $85,000 --
Smith Steven M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Katherine E $212,000
Closed Smith Katherine E $212,000
Previous Owner Smith Steven M $208,257
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $85,000 -22.7% $41 / Sq Ft
06/07/2018 06/07/18 For Sale $110,000 -- $53 / 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 $6,865 $252,210 $127,848 $124,362
2024 $6,377 $252,210 $127,848 $124,362
2023 $6,130 $252,210 $74,550 $177,660
2022 $5,740 $241,430 $74,550 $166,880
2021 $4,642 $164,780 $56,840 $107,940
2020 $1,567 $56,070 $56,070 $0
2019 $1,499 $56,070 $56,070 $0
2018 $1,481 $56,070 $56,070 $0
2017 $1,453 $56,070 $56,070 $0
2016 $1,684 $70,070 $70,070 $0
2015 $1,628 $70,070 $70,070 $0
2014 $1,590 $70,070 $70,070 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2019

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    10 in this area

    270 Total Sales

    Thomas Switz
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Penny Bodle

    Switz Real Estate Associates

  • Camille Taylor

    Buyer's Agent in 2019

    Camille Taylor

    Taylor Realty Group, LLC

    (860) 625-5858

    8 in this area

    42 Total Sales

    Camille Taylor
    Section Image
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Map

Source: SmartMLS

MLS Number: 170093263

SmartMLS

APN: GROT-002619-001314-002436

Connecticut New London County Mystic 06355 Old Mystic

301 Pequot Ave, Mystic, CT

Not Listed for Sale

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