NOT LISTED FOR SALE

37 Pepin Ln Griswold, CT 06351

Estimated Value: $450,249 - $510,000

1.81 Acres
$262,189 Price per Acre
78,844 Sq Ft Lot

Last Sold June 22, 2020

Last sale price $287,000 $225 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,031/month

21 Days on Market

Highlights

  • Lake Front
  • 1.81 Acre Lot
  • No HOA
  • Home fronts a pond
  • Partially Wooded Lot

About This Lot

As of June 2020

Calling all LAKE Lovers, WATER Enthusiasts, Contractors, Campers, FISHING fanatics .... or anyone looking to own their very own PENINSULA on gorgeous PACHAUG POND! Offered for the first time in many years --- this wonderful property has so much to offer and is a beautiful place to build your DREAM HOME and new MEMORIES......Nearly surrounded by water, the VIEWS are BREATHTAKING! Yes, there is currently a small RANCH home on the property ---- but it is in pretty poor shape..... likely a teardown or total rebuild. The new owner has electricity to the property, would need to drill a new well and install a new septic. Just under 2 acres of land, more than 600 feet of wonderful WATERFRONT, a BEACH area, plenty of great FISHING, a large lake for BOATING and SWIMMING, and sooo much more! If you are looking for a great WATERFRONT lot, do not let this opportunity pass you by.

Last Agent to Sell the Property

Janice LaBroad

Realty One Group Cutting Edge License #RES.0796580 Listed on: 04/02/2020

Realty One Group Cutting Edge

Last Buyer's Agent

Brian Connolly

Real Broker CT, LLC License #REB.0793649

Real Broker CT, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,864

Lot Details

  • 1.81 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Sloped Lot
  • Unpaved Streets
  • Partially Wooded Lot
  • Property is zoned R60

Additional Features

  • Water Views
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,864

Lot Details

0

Listing Details

  • Neighborhood: Pachaug
  • Property Type: Lots and Land For Sale
  • Remarks Public Addendum: Property and home to be sold "AS IS". All persons entering the home to exercise extra care and caution. MOLD PRESENT. Buyer to do their own due diligence with regard to use and occupancy of land. A portion of the beach to the left of 37 Pepin belongs
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Bethel Rd to Osga Ln to Pepin Ln - Near Griswold Fish and Game Club
  • Special Features: None

Interior Features

  • Street Number Modifier: 37

Exterior Features

  • Waterfront Description: Direct Waterfront, Frontage, Pond, Lake
  • Road Frontage Description: Private Road, Unpaved Road

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.8100
  • Lot Description: Water View, Lightly Wooded, Sloping Lot
  • Lot Improvements: House(S), Shed
  • Lots Number Of: 1
  • Subdividable Ynu: Unknown
  • Zoning: R60

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5864
  • Total Assessed Value: 205030
  • Mil Rate Base: 28.600
  • Mil Rate Total: 28.600
  • Assessor Parcel Number: 1482580

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
Apr 2, 2020
Closed on
Jun 19, 2020
Sold by
Lee Thomas M and Johnson Michalene
Bought by
Braunstein Matthew
Seller's Agent
Janice LaBroad
Realty One Group Cutting Edge
Buyer's Agent
Brian Connolly
Real Broker CT, LLC
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%
Current Estimated Value
$474,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,562
Avg. Annual Appreciation
9.17%
Original Mortgage
$332,025
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2000
Sold by
Rondina John Est
Bought by
Lee Thomas and Lee Michalene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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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
Braunstein Matthew $283,610 None Available
Lee Thomas $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braunstein Matthew $346,000
Closed Braunstein Matthew $332,025
Previous Owner Lee Thomas $66,400
Previous Owner Lee Thomas $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $287,000 +0.7% $225 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $285,000 -- $224 / 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
2024 $6,300 $237,370 $181,160 $56,210
2023 $5,951 $237,370 $181,160 $56,210
2022 $5,925 $236,320 $181,160 $55,160
2021 $6,195 $214,060 $167,300 $46,760
2020 $5,966 $205,030 $167,300 $37,730
2019 $5,864 $205,030 $167,300 $37,730
2018 $5,727 $204,890 $167,160 $37,730
2017 $5,657 $204,890 $167,160 $37,730
2016 $5,548 $205,030 $175,350 $29,680
2015 $5,448 $205,030 $175,350 $29,680
2014 $5,347 $205,030 $175,350 $29,680
Source: Public Records

Agents Affiliated with this Home

  • Janice LaBroad

    Seller's Agent in 2020

    Janice LaBroad

    Realty One Group Cutting Edge

    (860) 882-4969

    111 Total Sales

    Janice LaBroad
    Section Image
  • Brian Connolly

    Buyer's Agent in 2020

    Brian Connolly

    Real Broker CT, LLC

    (860) 861-2605

    6 in this area

    104 Total Sales

    Brian Connolly
    Section Image
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Map

Source: SmartMLS

MLS Number: 170285113

SmartMLS

APN: GRIS-000068-000133-000008

Connecticut New London County Griswold 06351

37 Pepin Ln, Griswold, CT

This home is located at 37 Pepin Ln, Griswold, CT 06351 since 02 April 2020 and is currently estimated at $474,562, approximately $372 per square foot. 37 Pepin Ln is a home located in New London County with nearby schools including Griswold Elementary School, Griswold Middle School, and Griswold 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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