NOT LISTED FOR SALE

48 Old Rd N Stonington, CT 06355

Estimated Value: $924,630 - $1,082,000

3 Beds
1 Bath
1,056 Sq Ft
$923/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $795,000 $753 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,081/month

43 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Baseboard Heating
  • Stonington Middle School Rated A-
  • Cape Cod Architecture
  • Private Driveway

About This Home

As of March 2024

Original 3-bedroom 1 bath waterfront cottage located on the north section of Masons Island. Dock offers easy access to the Mystic River and open waters of Fishers Island Sound. Beautiful views! Hardwood floors, propane heating stover in the living room. Enclosed 3 season sunroom overlooking the water! 2 car detached garage. First time offered for sale. Some updating needed. Taxes reflect an elderly benefit discount.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 02/12/2024

Last Buyer's Agent

Maria Bardelli

Douglas Elliman of Connecticut License #RES.0817910

Douglas Elliman of Connecticut

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,072

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • Stone Wall
  • Property is zoned RM-15

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Open Floorplan
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Electric Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Private Driveway

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2080392

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,072

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Single Family For Sale
  • Style: Cape Cod, Cottage
  • Sq Ft Est Heated Above Grade: 1056
  • Total Sq Ft: 1056
  • Year Built: 1929
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Medical Facilities, Paddle Tennis, Private School(s)
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1232
  • Directions: Masons Island Rd to Old North Rd. Property on the right, waterfront.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Interior Amenities: Open Floor Plan
  • Appliances: Electric Range, Refrigerator, Washer
  • Attic: No

Exterior Features

  • Exterior Features: Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Dock or Mooring View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Asphalt
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Other
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Lot Info

  • Acres: 0.14
  • Lot Description: Water View Level Lot
  • Zoning: RM-15
  • Parcel #: 2080392

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 11072

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 22, 2024
Sold by
Squadrito Barbara C Est and Varas
Bought by
Borjas Sergio F and Bartelli Mareena F
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Maria Bardelli
Douglas Elliman of Connecticut
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%
Views
129
Current Estimated Value
$975,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,158
Avg. Annual Appreciation
12.93%
Original Mortgage
$755,250
Outstanding Balance
$742,712
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,446
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borjas Sergio F $795,000 None Available
Borjas Sergio F $795,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borjas Sergio F $755,250
Closed Borjas Sergio F $755,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $795,000 -3.6% $753 / Sq Ft
02/12/2024 02/12/24 For Sale $825,000 -- $781 / 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 $11,607 $598,900 $468,700 $130,200
2024 $11,132 $598,500 $468,700 $129,800
2023 $11,072 $598,500 $468,700 $129,800
2022 $8,880 $356,500 $284,300 $72,200
2021 $8,948 $356,500 $284,300 $72,200
2020 $8,773 $356,500 $284,300 $72,200
2019 $8,773 $356,500 $284,300 $72,200
2018 $8,495 $356,500 $284,300 $72,200
2017 $8,398 $349,500 $290,800 $58,700
2016 $8,164 $349,500 $290,800 $58,700
2015 $7,783 $349,500 $290,800 $58,700
2014 $7,420 $349,500 $290,800 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170623338

SmartMLS

APN: STON-000175-000002-000002