NOT LISTED FOR SALE

45 Jeremy Hill Rd North Stonington, CT 06359

Estimated Value: $457,000 - $630,617

1.58 Acres
$336,965 Price per Acre
68,825 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $120,000 $72 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $3,204/month

7 Days on Market

About This Lot

As of August 2023

Beautiful lot in a highly desirable area. The land is mostly open, cleared ,lightly wooded to the rear of the acreage, gently sloping away from the road frontage, making the lot ideal for a home with fully functional space in a walk out basement. A 5 bedroom septic design has been completed and submitted for approval to Ledge Light Health District. The location is centrally located, just a short drive to Mystic, Stonington Borough,Downtown Westerly,Beaches, Casinos and close by to Interstate 95. Close enough to easily enjoy the ocean but far enough away to avoid the traffic of tourist season.

Last Agent to Sell the Property

Erick Taylor

Switz Real Estate Associates License #RES.0824289 Listed on: 05/23/2023

Last Buyer's Agent

Jeff Valentine

William Pitt Sotheby's Int'l License #REB.0793384

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,731

Lot Details

  • 1.58 Acre Lot
  • Property is zoned R60

Location

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

Schools

  • North Stonington Elementary School
  • Wheeler High School

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2656277

Property Details

Property Type

Land

Est. Annual Taxes

$1,731

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Library, Park, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 1.58
  • Lot Description: Dry Cleared Sloping Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: R60
  • Parcel #: 2656277

Tax Info

  • Property Tax: 1731

MLS Schools

  • Elementary School: North Stonington
  • High School: Wheeler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 17, 2023
Sold by
Drago Sharon and Drago John
Bought by
Corrigan Corbin R
Seller's Agent
Erick Taylor
Switz Real Estate Associates
Buyer's Agent
Jeff Valentine
William Pitt Sotheby's Int'l
List Price
$120,000
Sold Price
$120,000
Views
24
Current Estimated Value
$532,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,404
Avg. Annual Appreciation
91.13%
Original Mortgage
$383,239
Outstanding Balance
$374,506
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,898

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 25, 2022
Sold by
Davis Peter B and Maurer-Davis Jill D
Bought by
Drago John and Drago Sharon
Seller's Agent
Erick Taylor
Switz Real Estate Associates
Buyer's Agent
Erick Taylor
Switz Real Estate Associates
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.12%
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
Corrigan Corbin R $120,000 None Available
Corrigan Corbin R $120,000 None Available
Drago John $90,000 None Available
Drago John $90,000 None Available
Davis Peter B -- None Available
Davis Peter B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrigan Corbin R $383,239
Closed Corrigan Corbin R $383,239
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $120,000 0.0% $72 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $120,000 +33.3% $72 / Sq Ft
08/26/2022 08/26/22 Sold $90,000 0.0% $54 / Sq Ft View Prior Sale
07/09/2022 07/09/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $90,000 -- $54 / 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 $4,815 $166,740 $59,710 $107,030
2024 $1,724 $59,710 $59,710 $0
2023 $1,731 $59,710 $59,710 $0
2022 $1,699 $59,710 $59,710 $0
2021 $1,708 $59,710 $59,710 $0
2020 $1,834 $62,160 $62,160 $0
2019 $1,803 $62,160 $62,160 $0
2018 $1,753 $62,160 $62,160 $0
2017 $1,678 $62,160 $62,160 $0
2016 $1,678 $62,160 $62,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170572170

SmartMLS

APN: NSTO-000115-000000-005827