NOT LISTED FOR SALE

38 Pearl St Groton, CT 06340

Noank Neighborhood

Estimated Value: $753,000 - $869,000

4 Beds
2.5 Baths
1,589 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $640,000 $403 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,122/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Walking Distance to Water
  • Attic
  • No HOA
  • 2-minute walk to Noank Park

About This Home

As of December 2022

Furnished 4 Bedroom, 2 and 1/2 Bath in Downtown Mystic. Enjoy all of the restaurants, shops and sights that downtown Mystic has to offer! Owner will do an annual lease for $3200 per month OR $2300 per month for academic rental. Updated interior photos coming soon. Home has just been freshly painted, interior work completed and is ready for occupancy.

Last Agent to Rent the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 11/29/2022

Last Renter's Agent

Betsy Denno

Switz Real Estate Associates License #RES.0805388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,367

Year Built

  • Built in 1842

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R-7

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • 1,589 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Partially Finished Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water

Schools

  • Fitch Senior High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Fireplaces not to be used. Only 1/2 of garage available for tenant use.

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,367

Year Built

Built in 1842

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, Security Deposit, Lease Required
  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Furnished, Academic Year Furnished
  • Security Deposit Details: 1 Month's Rent
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities, Heat, Hot Water, Insurance, Liability Insurance, Sewer, Snow Removal, Water

Listing Details

  • Neighborhood: Mystic
  • Property Type: Residential Rental
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1589
  • Public Record Living Room Sq Ft: 1589
  • Total Sq Ft: 1589
  • Year Built: 1842
  • Property Sub Type: Single Family Rental
  • Exclusions: Fireplaces not to be used. Only 1/2 of garage available for tenant use.
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 1589
  • Directions: West Main St to Pearl St.
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Partially Finished
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Siding: Wood
  • Waterfront Description: Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1700
  • Zoning: R-7

Tax Info

  • Mil Rate Tax District: 2.494
  • Assessor Parcel Number: 1960728

Multi Family

  • Total Num Of Units: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 13, 2022
Sold by
John N Butler T N and John Butler
Bought by
Sea Baby Llc
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Lori Joyal
Compass Connecticut, LLC
List Price
$699,900
Sold Price
$640,000
Premium/Discount to List
-$59,900
-8.56%
Views
73
Current Estimated Value
$803,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,007
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Apr 30, 1990
Sold by
Patterson Burd
Bought by
Butler John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
10.26%
Mortgage Type
Purchase Money Mortgage
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
Sea Baby Llc $640,000 None Available
Butler John $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler John $102,000
Previous Owner Butler John $118,000
Previous Owner Butler John $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Rented $3,200 0.0% --
11/29/2022 11/29/22 For Rent $3,200 0.0% --
10/14/2022 10/14/22 Sold $640,000 -8.6% $403 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $699,900 -- $440 / 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 $9,367 $344,120 $219,170 $124,950
2024 $8,701 $344,120 $219,170 $124,950
2023 $8,364 $344,120 $165,620 $178,500
2022 $8,181 $344,120 $165,620 $178,500
2021 $7,284 $258,580 $121,450 $137,130
2020 $7,225 $258,580 $121,450 $137,130
2019 $6,912 $258,580 $121,450 $137,130
2018 $6,829 $258,580 $121,450 $137,130
2017 $6,702 $258,580 $121,450 $137,130
2016 $6,987 $290,640 $166,460 $124,180
2015 $6,754 $290,640 $166,460 $124,180
2014 $6,595 $290,640 $166,460 $124,180
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Landlord's Agent in 2022

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    3 in this area

    277 Total Sales

    Thomas Switz
    Section Image
  • Judi Caracausa

    Seller's Agent in 2022

    Judi Caracausa

    William Pitt

    (860) 912-9903

    20 in this area

    181 Total Sales

    Judi Caracausa
    Section Image
  • Betsy Denno

    Tenant's Agent in 2022

    Betsy Denno

    Switz Real Estate Associates

    (860) 857-2600

    10 Total Sales

    Betsy Denno
    Section Image
  • Lori Joyal

    Buyer's Agent in 2022

    Lori Joyal

    Compass Connecticut, LLC

    (401) 742-1225

    1 in this area

    223 Total Sales

    Lori Joyal
    Section Image
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Map

Source: SmartMLS

MLS Number: 170534467

SmartMLS

APN: GROT-002619-001842-001256

Connecticut New London County Groton 06340 Noank

38 Pearl St, Groton, CT

This home is located at 38 Pearl St, Groton, CT 06340 since 29 November 2022 and is currently priced at $803,007. This property was built in 1842. 38 Pearl St is a home located in New London County with nearby schools including 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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