NOT LISTED FOR SALE

5 Cove Side Ln Unit 5 Stonington, CT 06378

Estimated Value: $371,240 - $500,000

2 Beds
2.5 Baths
1,200 Sq Ft
$400/mo HOA Fee

Last Sold May 29, 2018

Last sale price $280,000 $233 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,124/month

301 Days on Market

Highlights

  • Finished Attic
  • Attic
  • Guest Parking
  • Stonington Middle School Rated A-
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of May 2018

Beautiful 2 bedroom, 2.5 bath condominium is desirable Stonington Landing. Finished basement adds an additional 600 sq. ft. of living space, great as an office or playroom. Each bedroom has a connecting full bath. + Large finished storage room on the 3rd floor, 1 car garage. Lovely landscaped brick courtyard/garden with privacy fence in the back of the condo. Easy walk into the Borough and all the great shops and restaurants!

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 04/17/2017

Last Buyer's Agent

Jill Bach

Berkshire Hathaway NE Prop. License #RES.0789219

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1983

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Visitor Parking

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
  • 54 Units
  • Stonington Landing Community
  • Property managed by Property Owner

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,911

Year Built

Built in 1983

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Public Record Living Room Sq Ft: 1380
  • Total Sq Ft: 1200
  • Year Built: 1983
  • Association Amenities: Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2845
  • Directions: Rt 1 to Coveside Lane.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Finished
  • Basement Description: Fully Finished, Full
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Siding: Clapboard, Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage, Open
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Stonington Landing
  • Levels In Unit: 2
  • HOA Fees: 400
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Property Owner
  • Property Mgt Phone: 860-000-0000

Schools

  • Elementary School: Deans Mill
  • High School: Stonington High

Lot Info

  • Lot Description: Fence - Partial

Rental Info

  • Pets Allowed Info: Yes
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3911
  • Total Assessed Value: 170200
  • Mil Rate Total: 22.980
  • Tax District Amount: 119
  • Assessor Parcel Number: 2074174

Multi Family

  • Total Num Of Units: 54

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Reid Kenneth S
Bought by
Kenneth S Reid T
Current Estimated Value
$454,060

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 29, 2018
Sold by
Garnelis Linda A and Garnelis Linda
Bought by
Glenn Stephanie
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Jill Bach
Berkshire Hathaway NE Prop.
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$266,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kenneth S Reid T -- None Available
Glenn Stephanie $280,000 --
Glenn Stephanie $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenn Stephanie $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $280,000 -1.8% $233 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
08/07/2017 08/07/17 Price Changed $285,000 -4.7% $238 / Sq Ft
07/06/2017 07/06/17 Price Changed $299,000 -2.0% $249 / Sq Ft
06/14/2017 06/14/17 Price Changed $305,000 -3.2% $254 / Sq Ft
04/17/2017 04/17/17 For Sale $315,000 -- $263 / 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 $3,678 $196,900 $0 $196,900
2024 $3,539 $196,900 $0 $196,900
2023 $3,534 $196,900 $0 $196,900
2022 $5,007 $206,800 $0 $206,800
2021 $5,056 $206,800 $0 $206,800
2020 $4,965 $206,800 $0 $206,800
2019 $4,965 $206,800 $0 $206,800
2018 $4,825 $206,800 $0 $206,800
2017 $4,030 $170,200 $0 $170,200
2016 $3,916 $170,200 $0 $170,200
2015 $3,748 $170,200 $0 $170,200
2014 $3,596 $170,200 $0 $170,200
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2018

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    128 in this area

    276 Total Sales

    Thomas Switz
    Section Image
  • Jill Bach

    Buyer's Agent in 2018

    Jill Bach

    Berkshire Hathaway Home Services

    (860) 908-3758

    3 in this area

    11 Total Sales

    Jill Bach
    Section Image
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Map

Source: SmartMLS

MLS Number: E10210954

SmartMLS

APN: STON-000099-000004-000023B-000005

Connecticut New London County Stonington 06378

5 Cove Side Ln Unit 5, Stonington, CT

This home is located at 5 Cove Side Ln Unit 5, Stonington, CT 06378 since 17 April 2017 and is currently estimated at $454,060, approximately $378 per square foot. This property was built in 1983. 5 Cove Side Ln Unit 5 is a home located in New London County with nearby schools including Stonington Middle School, Stonington High School, and Pine Point School.

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