NOT LISTED FOR SALE

47 E Shore Rd Stonington, CT 06378

Estimated Value: $567,529 - $1,035,000

3 Beds
1 Bath
690 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $830,000 $1,203 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,151/month

77 Days on Market

Highlights

  • Home fronts a sound
  • Deck
  • 1 Fireplace
  • Stonington Middle School Rated A-
  • Attic
  • Cottage

About This Home

As of August 2024

Direct Waterfront - Picturesque Seaside Cottage at Latimer Point nestled along the beautiful Stonington shoreline. This charming 3 Bedroom, 1 Bath waterfront beach house is set on .20 acres with 93+' of water frontage on Stonington Harbor at Latimer Point. With its prime location, this property has unobstructed views of Fishers Island Sound's sparkling waters, providing a serene backdrop for both daily living and entertaining. Two concrete staircases lead you to waterfront and your private beach. Step outside to your yard, an ideal spot for alfresco dining , morning coffee, or simply basking in the sun while enjoying the gentle sea breeze. This sandy beach, Latimer Point Condo Association's beach and activities are just a few steps away, inviting you to indulge in swimming, sunbathing, or leisurely strolls along the shore at sunset. Cistern needed for year round water use. Electric Heating. This property is not just a home; it's a lifestyle. Enjoy all that Latimer Point and Stonington has to offer!

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 05/01/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Lori Joyal

Compass Connecticut, LLC License #REB.0758114

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,311

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a sound
  • Seasonal Access to Property
  • Property is zoned RM-20

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Piling Construction

Interior Spaces

  • 690 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Porch

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Stonington High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • Association fees include lake/beach access, snow removal, road maintenance
  • Latimer Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2072893

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,311

Year Built

Built in 1950

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 690
  • Total Sq Ft: 690
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: Condo Land Fees, Latimer Point FD fees
  • Directions: Latimer Point Rd to left on to East Shore Rd. Property on left on the water.
  • Financing Used: Withheld
  • Spec Assoc Asses: Yes
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Range Hood, Refrigerator
  • Laundry Room Location: Main Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Deck
  • Exterior Siding: Clapboard
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Other
  • Sewer: Septic, Other

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance
  • HOA Fees: 1200
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association
  • Property Manager Email: latptcondo@yahoo.com
  • Property Manager Name: Latimer Point Condo Association
  • Property Manager Phone: (860) 572-6051

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.2
  • Lot Description: Level Lot Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RM-20
  • Property Info: Seasonal Property
  • Parcel #: 2072893

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8311

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 5, 2024
Sold by
Iler Clifton J
Bought by
Lane Richard D and Lane Abigail R
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Lori Joyal
Compass Connecticut, LLC
List Price
$899,900
Sold Price
$830,000
Premium/Discount to List
-$69,900
-7.77%
Views
93
Current Estimated Value
$836,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,176
Avg. Annual Appreciation
0.52%
Original Mortgage
$581,000
Outstanding Balance
$573,251
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,925

Purchase Details

Closed on
Feb 22, 2016
Sold by
Iler Joan A
Bought by
Iler Joan A

Purchase Details

Closed on
Jul 6, 1998
Sold by
Latimer Pt Assoc Inc
Bought by
Dillion Thomas A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Richard D $830,000 None Available
Iler Joan A -- --
Iler Joan A -- --
Iler Joan A -- --
Dillion Thomas A $57,433 --
Dillion Thomas A $57,433 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Richard D $581,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $830,000 -7.8% $1,203 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $899,900 0.0% $1,304 / Sq Ft
09/24/2018 09/24/18 Rented $1,200 0.0% --
09/19/2018 09/19/18 Under Contract -- -- --
09/17/2018 09/17/18 For Rent $1,200 -- --
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 $8,666 $476,700 $385,700 $91,000
2024 $8,311 $476,300 $385,700 $90,600
2023 $8,311 $476,300 $385,700 $90,600
2022 $8,137 $343,900 $289,600 $54,300
2021 $8,202 $343,900 $289,600 $54,300
2020 $8,034 $343,900 $289,600 $54,300
2019 $8,034 $343,900 $289,600 $54,300
2018 $7,800 $343,900 $289,600 $54,300
2017 $8,843 $384,800 $333,100 $51,700
2016 $8,578 $384,500 $333,100 $51,400
2015 $8,198 $384,500 $333,100 $51,400
2014 $7,855 $384,500 $333,100 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24004679

SmartMLS

APN: STON-000154-000006-000007