Seller's Agent in 2020
Lisa Romano
William Pitt
(860) 508-2446
29 Total Sales
499 River Rd Mystic, CT 06355
Old Mystic NeighborhoodEstimated Value: $1,331,000 - $1,691,000
4
Beds
2.5
Baths
4,324
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Detached Guest House
- 1.57 Acre Lot
- Partially Wooded Lot
- River Front
- Contemporary Architecture
- No HOA
About This Home
As of July 2020This property is priced below a recent appraised value! New hardwood flooring have been installed in the Living room and master bedroom! This property has everything you need to make your waterfront dreams a reality. A main house, a private dock, a shady private picnic area on the Mystic River, a guest house that can be used as apartments and views that are breathtaking in every season! This well maintained 2700 SF main home has front & side views of the Mystic River. New appliances have recently been installed. The home is charming as is but can be outstanding with your interior style and design updates!
The updated front porch has direct views of Mystic Seaport and Downtown Mystic. The unique location of this home has water views from front and side facing rooms. The living room has a large stone fireplace, french doors lead into the dining room, an over-sized kitchen with eat-in area and large cooking island, the large master bedroom with 2 walk in closets and master bath suite - and that is just the main level. The upstairs has 3 additional bedrooms and a full bathroom, with the same amazing views.
In addition to the main house, there is a second house that is currently two income producing apartments. However, it can easily be used as an amazing guest house. A new deck with a portico has glass panels for unobstructed views is a perfect place for guests to relax!
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0807251 Listed on: 02/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,547
Year Built
- Built in 1908
Lot Details
- 1.57 Acre Lot
- River Front
- Stone Wall
- Sloped Lot
- Sprinkler System
- Partially Wooded Lot
- Property is zoned RS-20
Home Design
- Contemporary Architecture
- Farmhouse Style Home
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 4,324 Sq Ft Home
- Self Contained Fireplace Unit Or Insert
- Thermal Windows
- French Doors
- Sitting Room
- Water Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Home Security
- Home Security System
- Smart Lights or Controls
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
- Private Driveway
Outdoor Features
- Covered Deck
- Exterior Lighting
- Porch
Schools
- Northeast Academy Elementary School
- Cutler Middle School
- Fitch Senior High School
Utilities
- Central Air
- Heating System Uses Oil
- Power Generator
- 60 Gallon+ Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Additional Features
- Energy-Efficient Lighting
- Detached Guest House
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2019
Closed on
Jul 22, 2020
Sold by
Glynos Christos and Glynos Maria
Bought by
Smith Richard Y and Adams-Smith Elizabeth L
Seller's Agent
Lisa Romano
William Pitt Sotheby's Int'l
Buyer's Agent
Melinda Carlisle
Compass Connecticut, LLC
List Price
$1,250,000
Sold Price
$852,500
Premium/Discount to List
-$397,500
-31.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,968
Avg. Annual Appreciation
10.05%
Original Mortgage
$682,000
Outstanding Balance
$600,518
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,950
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Richard Y | $852,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Richard Y | $682,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2020 07/23/20 | Sold | $852,500 | -14.7% | $197 / Sq Ft |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- |
| 01/02/2020 01/02/20 | Price Changed | $999,000 | -20.1% | $231 / Sq Ft |
| 02/20/2019 02/20/19 | For Sale | $1,250,000 | 0.0% | $289 / Sq Ft |
| 08/20/2012 08/20/12 | Rented | $950 | 0.0% | -- |
| 07/24/2012 07/24/12 | Under Contract | -- | -- | -- |
| 07/06/2012 07/06/12 | For Rent | $950 | -- | -- |
Source: SmartMLS
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 | $20,369 | $745,850 | $393,491 | $352,359 |
| 2024 | $19,018 | $743,470 | $392,777 | $350,693 |
| 2023 | $15,007 | $611,800 | $242,480 | $369,320 |
| 2022 | $14,897 | $611,800 | $242,480 | $369,320 |
| 2021 | $17,738 | $614,180 | $298,970 | $315,210 |
| 2020 | $17,547 | $614,180 | $298,970 | $315,210 |
| 2019 | $16,798 | $614,180 | $298,970 | $315,210 |
| 2018 | $16,688 | $616,490 | $298,970 | $317,520 |
| 2017 | $16,386 | $616,490 | $298,970 | $317,520 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Romano
-
Melinda Carlisle
Buyer's Agent in 2020
Melinda Carlisle
Compass Connecticut, LLC
(860) 572-9099
2 in this area
42 Total Sales
-
J
Seller's Agent in 2012
John Ragsdale
Berkshire Hathaway Home Services
Map
Source: SmartMLS
MLS Number: 170165771
APN: GROT-002619-001047-007196
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.
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