NOT LISTED FOR SALE

402 Mariners Walk Unit 402 Milford, CT 06460

Downtown Milford Neighborhood

Estimated Value: $267,000

1 Bed
1 Bath
795 Sq Ft
$260/mo HOA Fee

Last Sold July 13, 2020

Last sale price $167,000 $210 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,985/month

3 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Property is near public transit
  • Walking Distance to Water
  • Jonathan Law High School Rated A-
  • Ranch Style House
  • Thermal Windows

About This Home

As of July 2020

Stop renting and start building equity. Just steps to Ft. Trumbull beach, this spacious first floor unit has been very well maintained and ready for you to move right in! Just off the large living room, you'll find a good sized kitchen, separate dining room, and sliding glass doors leading to your beautiful ground level deck with privacy fencing. The oversized bedroom has enough room for a king-sized bed, a couple dressers, AND a desk. The front loading washer and dryer are located in a closet just a couple steps from the bedroom door. Newer, very efficient heat pump system provides the heat and air conditioning for the entire unit and keeps operating costs down. This 4 building community is very well landscaped and maintained with vinyl siding installed in 2009. The seller has pre-paid the $3k assessment for parking lot replacement which was just completed. There's assigned off-street parking and plenty of marked visitors spots. The beach entrance is less than a block away and the complex is situated close to downtown Milford, Silver Sands State Park, Milford Hospital, and the Train Station. The buildings in this community did not flood during Sandy nor Irene and FEMA insurance is included in the common fees. The association allows up to 2 cats and 1 dog (with size restriction of less than 20” at the shoulder and gentle disposition).

Last Agent to Sell the Property

Eric Giordano

William Raveis Real Estate License #RES.0810089 Listed on: 05/18/2020

William Raveis Real Estate

Last Buyer's Agent

Karla Franzman

Berkshire Hathaway NE Prop. License #RES.0237492

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 1986

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 795 Sq Ft Home
  • Thermal Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Paved Parking
  • Guest Parking
  • Visitor Parking
  • Parking Lot
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, pest control, road maintenance, insurance, flood insurance
  • 40 Units
  • Mariners Walk Community
  • Property managed by West Shore Realty

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,391

Year Built

Built in 1986

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Neighborhood: Fort Trumbull Beach
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 795
  • Public Record Living Room Sq Ft: 795
  • Total Sq Ft: 795
  • Year Built: 1986
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: Pre-Paid by Seller
  • Public Record Gross Sq Ft: 795
  • Directions: Surf Ave to Mariners Walk or East Broadway to Mariners Walk
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 402

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • 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, Pest Control, Road Maintenance, Insurance, Flood Insurance
  • Complex Name: Mariners Walk
  • Levels In Unit: 1
  • HOA Fees: 260
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Mgt Company Name: West Shore Realty

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R7.5

Rental Info

  • Pets Allowed Info: Based on Management Appr
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2391
  • Total Assessed Value: 86300
  • Mil Rate Base: 27.710
  • Mil Rate Total: 27.710
  • Assessor Parcel Number: 1202602

Multi Family

  • Total Num Of Units: 40

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
May 18, 2020
Closed on
Jul 10, 2020
Sold by
Ginolfi John R
Bought by
Reed Kyley E
Seller's Agent
Eric Giordano
William Raveis Real Estate
Buyer's Agent
Karla Franzman
Berkshire Hathaway NE Prop.
List Price
$174,500
Sold Price
$167,000
Premium/Discount to List
-$7,500
-4.3%
Current Estimated Value
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,000
Avg. Annual Appreciation
9.54%
Original Mortgage
$158,650
Outstanding Balance
$141,306
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,694

Purchase Details

Closed on
Sep 29, 1995
Sold by
Korzun Nicole A
Bought by
Arsenault Peter J and Haas Antress E
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
Reed Kyley E $167,000 None Available
Reed Kyley E $167,000 None Available
Arsenault Peter J $83,900 --
Arsenault Peter J $83,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Kyley E $158,650
Closed Reed Kyley E $158,650
Previous Owner Korzun Nicole A $62,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $167,000 -4.3% $210 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $174,500 +29.3% $219 / Sq Ft
05/23/2014 05/23/14 Sold $135,000 -9.9% $170 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $149,900 +30.3% $189 / Sq Ft
09/21/2012 09/21/12 Sold $115,000 -17.9% $144 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $140,000 -- $175 / 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 $3,378 $114,310 $0 $114,310
2024 $3,331 $114,310 $0 $114,310
2023 $3,106 $114,310 $0 $114,310
2022 $3,046 $114,310 $0 $114,310
2021 $2,386 $86,300 $0 $86,300
2020 $2,389 $86,300 $0 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170296622

SmartMLS

APN: MILF M:27 B:442 L:1-40-2