NOT LISTED FOR SALE

42 Overlook Rd E North Stonington, CT 06359

Estimated Value: $150,428

2.51 Acres
$59,931 Price per Acre
109,336 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $105,000

Est. 43% increase in value since last sale

Current estimated payment $1,021/month

794 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Level Lot
  • 2.51 Acre Lot
  • Many Trees

About This Lot

As of October 2020

200+/- FEET of WATERFRONT access, 2.5 acres of land at BILLINGS LAKE. Acreage runs from the waters edge of Billings Lake to abut with Cedars Road. Nearby attractions: Foxwoods Resort Casino(6 miles away) Stonington Borough, Downtown Mystic, Mystic Seaport, Mystic Aquarium, and Mohegan Sun Casino. **Land has not been cleared of trees and overgrowth. No perc test has been done. No septic planning has been done. Buyer to do all due diligence.

Last Agent to Sell the Property

Betsy Denno

Switz Real Estate Associates License #RES.0805388 Listed on: 07/02/2018

Last Buyer's Agent

Daniel Walz

Switz Real Estate Associates License #RES.0793403

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,707

Lot Details

  • 2.51 Acre Lot
  • Lake Front
  • Level Lot
  • Many Trees

Schools

  • North Stonington Elementary School
  • Wheeler High School

Additional Features

  • Water Views
  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,707

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: I 95 North to exit 92. Left at end of ramp stoplight onto Liberty Street. At roundabout take 2nd exit onto Route 2. Right onto Cossaduck Hill Rd. Right onto Billings Lake Rd. Right onto Overlook Rd East. Lot is at the end of Overlook Rd East.
  • Special Features: None

Interior Features

  • Street Number Modifier: 42

Exterior Features

  • Waterfront Description: Direct Waterfront, Frontage, Lake, Access
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 38

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: North Stonington
  • High School: Wheeler

Lot Info

  • Acres: 2.5100
  • Lot Description: Water View, Level Lot, Rocky, Rolling, Treed
  • Lots Number Of: 1
  • Zoning: Residential

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2707
  • Total Assessed Value: 91770
  • Mil Rate Base: 27.000
  • Mil Rate Total: 29.500
  • Assessor Parcel Number: 2318979

MLS Schools

  • Elementary School: North Stonington
  • High School: Wheeler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 7, 2020
Sold by
Sharpe Donald E
Bought by
Roger Thell Greenwald Ret
Seller's Agent
Betsy Denno
Switz Real Estate Associates
Buyer's Agent
Daniel Walz
Switz Real Estate Associates
List Price
$225,000
Sold Price
$105,000
Premium/Discount to List
-$120,000
-53.33%
Total Days on Market
794
Current Estimated Value
$150,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,428
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Sharpe Donald E
Bought by
Sharpe Donald E

Purchase Details

Closed on
Mar 16, 1972
Bought by
Sharpe Donald E
Source: Public Records

Similar Property in North Stonington, CT

  • 421 Norwich Westerly Rd, North Stonington, CT 06359

    $149,900

    • Land
    • 1.95 Acres
    • $76,872 per Acre
    • 421 Norwich Westerly Rd
    • North Stonington, CT

    Cleared, level, 1.95 acre lot. Great location, conveniently located minutes from beaches, casino, golfing, restaurants etc. (Agent related to seller).

    Shana Malek Switz Real Estate Associates

    Section Image

Range of Values:

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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
Roger Thell Greenwald Ret $105,000 None Available
Sharpe Donald E -- --
Sharpe Donald E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $105,000 -19.9% --
09/03/2020 09/03/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $131,100 -29.1% --
03/01/2020 03/01/20 Price Changed $185,000 -7.5% --
03/01/2019 03/01/19 Price Changed $199,900 -11.2% --
07/02/2018 07/02/18 For Sale $225,000 -- --
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 $2,163 $74,900 $74,900 $0
2023 $2,171 $74,900 $74,900 $0
2022 $2,131 $74,900 $74,900 $0
2021 $2,142 $74,900 $74,900 $0
2020 $2,707 $91,770 $91,770 $0
2019 $2,661 $91,770 $91,770 $0
2018 $2,588 $91,770 $91,770 $0
2017 $62 $2,310 $2,310 $0
2016 $62 $2,310 $2,310 $0
2015 $66 $2,520 $2,520 $0
2014 $65 $2,520 $2,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170101577

SmartMLS

APN: NSTO-000045-000000-004767