NOT LISTED FOR SALE

305 Pequot Ave Mystic, CT 06355

Old Mystic Neighborhood

Estimated Value: $621,000 - $718,000

1.42 Acres
$471,925 Price per Acre
61,855 Sq Ft Lot

Last Sold July 22, 2016

Last sale price $104,000 $68 Per Sq Ft

Est. 544% increase in value since last sale

Current estimated payment $4,159/month

Highlights

  • 1.42 Acre Lot
  • Partially Wooded Lot
  • No HOA

About This Lot

As of July 2016

Approved residential building lot on very desirable Pequot Ave. Great Mystic location. Super value. Just a short stroll from historic downtown Mystic! Flag lot part of 3 lot subdivision. Well and septic required. Build your dream home now.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 06/10/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Mary Nasi-Graham

IMT Realty License #REB.0790230

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,613

Lot Details

  • 1.42 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Partially Wooded Lot

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Fitch Senior High School

Utilities

  • Heating System Uses Oil Above Ground
  • Gas Available
  • Well Required
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,613

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
  • Directions: I 95 to exit 89 to Allyn St. Left onto Sandy Hollow Rd. First right onto Pequot Ave. See Sign.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Dirt/Gravel Road, Private Road

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable, Electric, Gas
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 1.4200
  • Lot Description: Lightly Wooded
  • Development Status: Approved Lot
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Property Tax: 2613
  • Assessor Parcel Number: 2570149

MLS Schools

  • Elementary School: PBOE
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Shepherd Carl L
Bought by
Smith Steven M
Current Estimated Value
$670,133

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 22, 2016
Sold by
R & E Properties Llc
Bought by
Adams-Mish Pamela L and Mish Michael H
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Mary Nasi-Graham
IMT Realty
List Price
$11,900
Sold Price
$104,000
Premium/Discount to List
$92,100
773.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
Original Mortgage
$83,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2008
Sold by
Shepherd Carl L
Bought by
R & E Properties Llc

Purchase Details

Closed on
Jan 3, 2005
Sold by
Jones Barbara
Bought by
Shepherd Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.73%
Mortgage Type
Purchase Money 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 Steven M $85,000 --
Adams-Mish Pamela L $104,000 --
R & E Properties Llc $312,000 --
Shepherd Carl $333,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams-Mish Pamela L $83,200
Previous Owner Shepherd Carl $110,000
Previous Owner Shepherd Carl $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $104,000 +773.9% $68 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $11,900 -- $8 / 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 $7,559 $277,690 $140,833 $136,857
2024 $7,022 $277,690 $140,833 $136,857
2023 $6,750 $277,690 $82,180 $195,510
2022 $6,602 $277,690 $82,180 $195,510
2021 $5,579 $198,030 $65,730 $132,300
2020 $5,296 $189,560 $65,730 $123,830
2019 $5,067 $189,560 $65,730 $123,830
2018 $1,736 $65,730 $65,730 $0
2017 $1,704 $65,730 $65,730 $0
2016 $3,036 $126,280 $126,280 $0
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Seller's Agent in 2016

    Judi Caracausa

    William Pitt

    (860) 912-9903

    11 in this area

    174 Total Sales

    Judi Caracausa
    Section Image
  • Mary Nasi-Graham

    Buyer's Agent in 2016

    Mary Nasi-Graham

    IMT Realty

    (860) 908-6918

    1 in this area

    116 Total Sales

    Mary Nasi-Graham
    Section Image
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Map

Source: SmartMLS

MLS Number: E10142911

SmartMLS

APN: GROT-002619-001314-004468

Connecticut New London County Mystic 06355 Old Mystic

305 Pequot Ave, Mystic, CT

Not Listed for Sale

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