NOT LISTED FOR SALE

5 Holmes St Unit B6 Mystic, CT 06355

Mystic Neighborhood

Estimated Value: $353,000 - $1,292,000

3 Beds
3.5 Baths
1,812 Sq Ft
$296/mo HOA Fee

Last Sold June 17, 2015

Last sale price $710,000 $392 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,279/month

41 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • Contemporary Architecture
  • Stonington Middle School Rated A-
  • Deck
  • 3-minute walk to Mystic River Park

About This Home

As of June 2015

Over-sized windows capture the beautiful, unobstructed views of Mystic River & Mystic Seaport. You will love the sun-filled rooms with full bath on every level for gatherings & guests. This tri-level, direct waterfront end unit condo has hardwood through-out, 3 west-facing decks with hook-up for grill off dining room. The recreation room on top level also serves as a marvelous guest suite with full bath, stellar river views. Owners have first right of refusal for dock space. Elevator installation is possible. Heart of downtown in walking distance to Amtrak, restaurants & shops. No Pets. A gentle breeze and serene setting are perfect for rest and relaxation.

Last Agent to Sell the Property

Josephine Navin

Onshore Realtors License #RES.0230540 Listed on: 03/23/2015

Last Buyer's Agent

Thomas Switz

Switz Real Estate Associates License #REB.0757584

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,449

Year Built

  • Built in 1984

Lot Details

  • River Front
  • Sprinkler System

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Clap Board Siding
  • Cedar Siding

Interior Spaces

  • 1,812 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Intercom

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Varies By Unit
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near a bus stop

Schools

  • Deans Mills Elementary School
  • Mystic Middle School
  • Stonington High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include flood insurance, grounds maintenance, insurance, property management, snow removal, trash pickup
  • 16 Units
  • Mystic River Landing Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,449

Year Built

Built in 1984

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Total Sq Ft: 1812
  • Year Built: 1984
  • Nearby Amenities: Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: Condominium
  • Easements Right Of Way: Utilities,View
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Trailer(S)
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I95 N Exit 89- right at end of exit to Rt 1. Left on Rt 1, continue over drawbridge. First left (at flagpole) on Holmes St. Second drive on left (just after S&P Oyster). Look for sign.
  • Special Features: None

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Interior Amenities: Cable - Available, Central Vacuum, Auto Garage Door Opener, Intercom, Open Floor Plan
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Outside Storage Area, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Cedar, Clapboard
  • Waterfront Description: Frontage, River, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Unit Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Flood Insurance, Grounds Maintenance, Insurance, Property Management, Snow Removal, Trash Pickup
  • Complex Name: Mystic River Landing
  • Levels In Unit: 4
  • HOA Fees: 296
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Deans Mills
  • High School: Stonington High
  • Intermediate School: Mystic Middle

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 9449
  • Total Assessed Value: 475300
  • Assessor Parcel Number: 2076174

Multi Family

  • Total Num Of Units: 16

MLS Schools

  • Elementary School: Deans Mills
  • High School: Stonington High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jun 17, 2015
Sold by
Cohen Elliot and Cohen Judith
Bought by
Metzger William D and Metzger Patricia A
Seller's Agent
Josephine Navin
Onshore Realtors
Buyer's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$785,000
Sold Price
$710,000
Premium/Discount to List
-$75,000
-9.55%
Current Estimated Value
$918,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,468
Avg. Annual Appreciation
2.37%
Original Mortgage
$568,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2011
Sold by
Ernestine C Patterson C and Ernestine Patterson
Bought by
Cohen Elliot and Cohen Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Naven Anne E
Bought by
Spiegel Carl E
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
Metzger William D $710,000 --
Metzger William D $710,000 --
Cohen Elliot $740,000 --
Cohen Elliot $740,000 --
Spiegel Carl E -- --
Spiegel Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Metzger William D $568,000
Previous Owner Cohen Elliot $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $710,000 -9.6% $392 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $785,000 -- $433 / 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 $13,596 $680,500 $0 $680,500
2024 $12,996 $680,500 $0 $680,500
2023 $13,074 $680,500 $0 $680,500
2022 $12,083 $475,900 $0 $475,900
2021 $12,150 $475,900 $0 $475,900
2020 $11,959 $475,900 $0 $475,900
2019 $11,950 $475,900 $0 $475,900
2018 $11,631 $475,900 $0 $475,900
2017 $12,522 $504,900 $0 $504,900
2016 $12,051 $499,000 $0 $499,000
2015 $10,998 $475,300 $0 $475,300
2014 $10,575 $475,300 $0 $475,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10029558

SmartMLS

APN: STON-000174-000001-000006-B000006