NOT LISTED FOR SALE

488 New London Rd Mystic, CT 06355

West Mystic Neighborhood

Estimated Value: $572,201 - $651,000

4 Beds
3.5 Baths
2,600 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $340,000 $131 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,823/month

30 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Attic
  • No HOA

About This Home

As of May 2020

Classic colonial built in 2008 with modern sensibilities. Open floor plan blends the kitchen (with cherry cabinets and granite countertops) and the living room (with fireplace) and leads out onto large deck for a premium entertaining experience. Sunny and spacious, with gleaming hardwood floors, and high ceilings. Separate dining room, family room, and den. Four bedrooms - two with full baths. Master suite boasts two, count them two!, walk in closets, a dressing area, and full bath with double sink, and separate tub and shower. Dedicated laundry room on the top floor. Fourth bedroom located on the bottom floor and could easily be made into an in-law suite with separate entrance. Fenced in back yard. Two car garage. Minutes from downtown Mystic and Noank. Freshly painted and ready for you to move right in.

Last Agent to Sell the Property

Geoff Gordon

Compass Connecticut, LLC License #RES.0806562 Listed on: 03/09/2020

Compass Connecticut, LLC

Last Buyer's Agent

John Chapski

Coldwell Banker Realty License #RES.0790947

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 2008

Lot Details

  • 0.28 Acre Lot
  • Cleared Lot
  • Property is zoned RS-12

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener

Schools

  • Northeast Academy Elementary School
  • Fitch Senior High School

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,550

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2080
  • Public Record Living Room Sq Ft: 2080
  • Sq Ft Est Heated Below Grade: 520
  • Total Sq Ft: 2600
  • Year Built: 2008
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Directions: Put 488 New London Rd. Mystic in GPS (lol)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Walk-Out, Fully Finished, Garage Access
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan
  • Appliances: Gas Cooktop, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2800
  • Lot Description: Dry, Cleared
  • Flood Zone: No
  • Zoning: RS-12

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5550
  • Mil Rate Base: 24.170
  • Mil Rate Tax District: 2.560
  • Assessor Parcel Number: 2514494

MLS Schools

  • Elementary School: Northeast Academy
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 22, 2020
Sold by
Gordon Geoffrey and Gordon Valerie
Bought by
Vazquez and Maldonado Ryan
Seller's Agent
Geoff Gordon
Compass Connecticut, LLC
Buyer's Agent
John Chapski
Coldwell Banker Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Current Estimated Value
$610,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,300
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Apr 21, 2009
Sold by
Hickey Christopher M
Bought by
Gordon Geoffrey and Gordon Valerier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Mount Kineo Builders L
Bought by
Hickey Christopher M
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
Vazquez $340,000 None Available
Gordon Geoffrey $300,000 --
Hickey Christopher M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickey Christopher M $267,900
Previous Owner Hickey Christopher M $274,500
Previous Owner Hickey Christopher M $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $340,000 -2.6% $131 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $349,000 -2.8% $134 / Sq Ft
03/09/2020 03/09/20 For Sale $359,000 -- $138 / 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 $7,347 $269,920 $109,935 $159,985
2024 $6,825 $269,920 $109,935 $159,985
2023 $6,561 $269,920 $41,370 $228,550
2022 $6,417 $269,920 $41,370 $228,550
2021 $5,849 $207,620 $46,130 $161,490
2020 $5,801 $207,620 $46,130 $161,490
2019 $5,550 $207,620 $46,130 $161,490
2018 $5,483 $207,620 $46,130 $161,490
2017 $5,382 $207,620 $46,130 $161,490
2016 $4,858 $202,090 $53,340 $148,750
2015 $4,697 $202,090 $53,340 $148,750
2014 $4,585 $202,090 $53,340 $148,750
Source: Public Records

Agents Affiliated with this Home

  • Geoff Gordon

    Seller's Agent in 2020

    Geoff Gordon

    Compass Connecticut, LLC

    (860) 266-2553

    5 in this area

    70 Total Sales

    Geoff Gordon
    Section Image
  • John Chapski

    Buyer's Agent in 2020

    John Chapski

    Coldwell Banker Realty

    (401) 808-9279

    1 in this area

    107 Total Sales

    John Chapski
    Section Image
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Map

Source: SmartMLS

MLS Number: 170279777

SmartMLS

APN: GROT-002608-000759-008846

Connecticut New London County Mystic 06355 West Mystic

488 New London Rd, Mystic, CT

Not Listed for Sale

Detached

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