NOT LISTED FOR SALE

48 Compo Mill Cove Westport, CT 06880

Greens Farms Neighborhood

Estimated Value: $2,607,000

0.41 Acre
$6,358,537 Price per Acre
17,860 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $2,400,000 $569 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $18,137/month

193 Days on Market

Highlights

  • Beach Front
  • Public Water Access
  • Public Transportation
  • Green's Farms School Rated A+
  • Property is near public transit
  • Level Lot

About This Lot

As of April 2023

Dreaming of living on the water in Westport with your own private white sandy beach? That dream can come true right here at
48 Compo Mill Cove. Come build your dream home on this exquisite property with 100 feet of beachfront, mature plantings and wonderful privacy. This quiet peninsula has 19 luxury homes. Create your dream home on this site with 180-degree
breathtaking panoramic views of the Long Island Sound and Sherwood Mill Pond. Each season offers magnificent beauty and wildlife that includes wild beach plums, fairy roses, graceful egrets, cormorants, swans and blue crabs. This hidden gem is
located right over the footbridge that connects you to the conveniences that Westport has to offer located just one hour from
New York City, and groceries and packages can be delivered right to your door. The only modes of transportation on the
peninsula are bicycles and carts creating the ultimate in privacy and seaside lifestyle. Work from home and take in the
stunning views, paddle board, kayak, sail or take long walks on the sand bars. Your own playground right in your front yard!
Compo Cove is the best kept secret that you can now own and create the lifestyle you have been looking for. We have plans for
a spectacular 4000 square foot home and a builder ready to fulfill your dreams or bring your own builder and plans if desired.
Perfectly located just steps from the bridge. One of the largest lots on The Cove. We can’t wait to introduce you to The Cove!

Last Agent to Sell the Property

James Wood

Coldwell Banker Realty License #RES.0809916 Listed on: 09/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Susan Lieberman

The Riverside Realty Group License #RES.0404493

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,596

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot

HOA Fees

  • $208 Monthly HOA Fees

Location

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

Schools

  • Greens Farms Elementary School
  • Bedford Middle School
  • Staples High School

Additional Features

  • Water Views
  • Gas Available

Community Details

Recreation

  • Public Water Access

Additional Features

  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$40,596

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Neighborhood: Compo Beach
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Park, Private Rec Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Hillspoint to Mill Pond parking lot. Take the footbridge to The Cove.
  • Special Features: None

Interior Features

  • Street Number Modifier: 48

Exterior Features

  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Water Community, Beach

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 2500
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Greens Farms
  • Middle School: Bedford
  • High School: Staples

Lot Info

  • Acres: 0.4100
  • Lot Description: Water View, Level Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: A
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 40596
  • Total Assessed Value: 2246600
  • Mil Rate Base: 18.070
  • Mil Rate Total: 18.070
  • Assessor Parcel Number: 414575

MLS Schools

  • Elementary School: Greens Farms
  • Middle Jr High School: Bedford
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Apr 4, 2023
Sold by
Blum Jennifer M and Blum Bradley M
Bought by
Hp Gabby Llc
Seller's Agent
James Wood
Coldwell Banker Realty
Buyer's Agent
Susan Lieberman
The Riverside Realty Group
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Views
204
Current Estimated Value
$2,607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,000
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jun 7, 2022
Sold by
48 Mill Cove Llc
Bought by
Blum Jennifer M and Blum Bradley M
Seller's Agent
Leslie Clarke
Compass Connecticut, LLC
Buyer's Agent
James Wood
Coldwell Banker Realty
List Price
$2,800,000
Sold Price
$2,487,500
Premium/Discount to List
-$312,500
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.27%
Original Mortgage
$1,616,875
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 11, 2012
Closed on
Sep 23, 2014
Sold by
Berman Richard and Berman Frauke
Bought by
48 Mill Cove Llc
Seller's Agent
Jill Bregy
William Pitt Sotheby's Int'l
Buyer's Agent
Non Member
Non-Member
List Price
$5,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$2,100,000
-38.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.97%

Purchase Details

Closed on
Oct 16, 2007
Sold by
Weinberger Michael J and Strom Susan
Bought by
Berman Richard and Berman Frauke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hp Gabby Llc $2,400,000 None Available
Hp Gabby Llc $2,400,000 None Available
Blum Jennifer M $2,487,500 None Available
Blum Jennifer M $2,487,500 None Available
48 Mill Cove Llc $3,400,000 --
48 Mill Cove Llc $3,400,000 --
Berman Richard $4,000,000 --
Berman Richard $4,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blum Jennifer M $1,616,875
Previous Owner Thomas Lesley Qualifie $3,000,000
Previous Owner Thomas Lesley Qualifie $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $2,400,000 -4.0% $569 / Sq Ft
09/19/2022 09/19/22 For Sale $2,499,000 +0.5% $593 / Sq Ft
06/07/2022 06/07/22 Sold $2,487,500 -11.2% $590 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,800,000 -17.6% $664 / Sq Ft
09/23/2014 09/23/14 Sold $3,400,000 -38.2% $807 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
04/11/2012 04/11/12 For Sale $5,500,000 -- $1,305 / 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 $42,371 $2,246,600 $2,246,600 $0
2024 $41,832 $2,246,600 $2,246,600 $0
2023 $41,225 $2,246,600 $2,246,600 $0
2022 $40,596 $2,246,600 $2,246,600 $0
2021 $40,596 $2,246,600 $2,246,600 $0
2020 $39,517 $2,364,900 $2,364,900 $0
2019 $39,872 $2,364,900 $2,364,900 $0
2018 $39,872 $2,364,900 $2,364,900 $0
2017 $39,872 $2,364,900 $2,364,900 $0
2016 $39,872 $2,364,900 $2,364,900 $0
2015 $32,173 $1,778,500 $1,778,500 $0
2014 $31,906 $1,778,500 $1,778,500 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wood

    Seller's Agent in 2023

    James Wood

    Coldwell Banker Realty

    (203) 969-8157

    2 in this area

    145 Total Sales

    Section Image
  • Susan Lieberman

    Buyer's Agent in 2023

    Susan Lieberman

    The Riverside Realty Group

    (203) 858-9411

    4 in this area

    71 Total Sales

    Section Image
  • Leslie Clarke

    Seller's Agent in 2022

    Leslie Clarke

    Compass Connecticut, LLC

    (203) 984-1856

    16 in this area

    129 Total Sales

    Section Image
  • Connie Widmann

    Seller Co-Listing Agent in 2022

    Connie Widmann

    William Raveis Real Estate

    (203) 856-6491

    3 in this area

    252 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Jill Bregy

    William Pitt

  • N

    Buyer's Agent in 2014

    Non Member

    Non-Member

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Map

Source: SmartMLS

MLS Number: 170524192

SmartMLS

APN: WPOR-000004E-000000-000092

Connecticut Fairfield County Westport 06880 Greens Farms

48 Compo Mill Cove, Westport, CT

This home is located at 48 Compo Mill Cove, Westport, CT 06880 since 19 September 2022 and is currently estimated at $2,607,000, approximately $618 per square foot. 48 Compo Mill Cove is a home located in Fairfield County with nearby schools including Green's Farms School, Bedford Middle School, and Staples 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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