NOT LISTED FOR SALE

492 Noank Rd Mystic, CT 06355

West Mystic Neighborhood

Estimated Value: $454,000 - $1,048,000

0.58 Acre
$1,489,112 Price per Acre
25,265 Sq Ft Lot

Last Sold June 23, 2017

Last sale price $217,500

Est. 297% increase in value since last sale

Current estimated payment $5,579/month

460 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Interior Lot

About This Lot

As of June 2017

News Flash! New Flash! Full utilities have been recently installed up to the property boundaries.Drive, Water, Sewer, Electric & Cable. All one would need to do is dig your foundation, connect to the utilities and build your dream home.This particular lot is .6 of an acre and contains a beautiful pond lined by cut granite providing a wonderful landscaping feature which is unique to this lot. Build you dream home in a wonderful Mystic coastal setting. This lot has expansive views of the Mystic River located in a quite convenient setting only a short half a mile from downtown Mystic, as part of East Farm you become part of this distinctive private community. All Utilities and private estate style drive will be installed right up to your lot line early spring so one could get started the season building their dream home. Two lots remain of the original 8-properties. This community has been carefully designed offering protective views for all homeowners, the homes built therein have been designed and built to a discriminating detail offer the best value for current and future home owners.

Last Agent to Sell the Property

Michael Franklin

William Raveis Real Estate License #RES.0776611 Listed on: 03/13/2016

William Raveis Real Estate

Last Buyer's Agent

Michael Franklin

William Raveis Real Estate License #RES.0776611 Listed on: 03/13/2016

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,917

Lot Details

  • 0.58 Acre Lot
  • Home fronts a sound
  • River Front
  • Property fronts a private road
  • Property fronts a state road
  • Dirt Road
  • Interior Lot

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Pboe Elementary School
  • Fitch Senior High School

Utilities

  • Heating System Uses Oil Above Ground
  • Phone Available
  • Cable TV Available

Community Details

  • East Farm Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,917

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Easements Right Of Way: Refer to deeds
  • Direct Waterfront: No
  • Encumbrances Restrictions: House Plan Approval
  • Directions: RT 1 to RT 215 (Water ST) take 215 south towards Noank, lot is approximately 1/2 of a mile down on the right hand side.
  • Special Features: None

Exterior Features

  • Waterfront Description: River, L. I. Sound Frontage, View
  • Road Frontage Description: Dirt/Gravel Road, Paved Road, Private Road, State Road

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable, Electric, Telephone, Underground Required
  • Septic Approval: Yes
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Fee Frequency: Annually
  • HOA: Yes

Lot Info

  • Acres: 0.5800
  • Lot Description: Interior Lot
  • Development Status: Approved Lot, Site Plan Recorded
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 2917
  • Assessor Parcel Number: 2514511

MLS Schools

  • Elementary School: PBOE
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2016
Closed on
Jun 23, 2017
Sold by
New Venture Llc
Bought by
Peil Hannah
Seller's Agent
Michael Franklin
William Raveis Real Estate
Buyer's Agent
Michael Franklin
William Raveis Real Estate
List Price
$279,000
Sold Price
$217,500
Premium/Discount to List
-$61,500
-22.04%
Current Estimated Value
$863,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,185
Avg. Annual Appreciation
17.68%
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
Peil Hannah $217,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $217,500 -22.0% --
06/16/2017 06/16/17 Pending -- -- --
03/13/2016 03/13/16 For Sale $279,000 -- --
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 $12,229 $449,260 $235,326 $213,934
2024 $11,360 $449,260 $235,326 $213,934
2023 $10,920 $449,260 $143,640 $305,620
2022 $10,681 $449,260 $143,640 $305,620
2021 $9,899 $351,400 $114,870 $236,530
2020 $9,818 $351,400 $114,870 $236,530
2019 $9,393 $351,400 $114,870 $236,530
2018 $4,332 $164,010 $114,870 $49,140
2017 $2,977 $114,870 $114,870 $0
2016 $3,228 $134,260 $134,260 $0
2015 $3,120 $134,260 $134,260 $0
2014 $3,046 $134,260 $134,260 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Franklin

    Seller's Agent in 2017

    Michael Franklin

    William Raveis Real Estate

    (860) 460-8144

    6 Total Sales

    Michael Franklin
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Map

Source: SmartMLS

MLS Number: E10114609

SmartMLS

APN: GROT-002618-000916-004722

Connecticut New London County Mystic 06355 West Mystic

492 Noank Rd, Mystic, CT

Not Listed for Sale

Lots

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