NOT LISTED FOR SALE

5 Holmes St Unit D12 Mystic, CT 06355

Mystic Neighborhood

Estimated Value: $540,000 - $985,000

3 Beds
2 Baths
1,316 Sq Ft
$367/mo HOA Fee

Last Sold April 15, 2021

Last sale price $530,000 $403 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,248/month

136 Days on Market

Highlights

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

About This Home

As of April 2021

Penthouse Condo with spectacular city and water views available in Historic Downtown Mystic! 3 BR end unit with 2 full baths and water views of the Mystic River. Open floor plan on main level with plenty of windows allow for natural light creating an open and bright space with added warmth of the gas fireplace in living room expanding to the dining area. Viking kitchen appliances for the serious cook lend to gourmet meals. Master bedroom has full bath with Jack and Jill sinks and second bedroom all on main floor. An additional large bedroom on upper penthouse level with access to 2 balconies and beautiful water views! Attractive hardwoods, Thermopane windows, and attached garage. Dock may be available to rent. Stroll to the many local shops and restaurants all in walking distance. Close to major employers Electric Boat, Pfizer, Hospital, and 2 Casinos.

Last Agent to Sell the Property

Greg Broadbent

RE/MAX Coast and Country License #REB.0789803 Listed on: 09/14/2020

RE/MAX Coast and Country

Last Buyer's Agent

Lisa Chaloux

Coldwell Banker Realty License #RES.0752475

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,923

Year Built

  • Built in 1984

Lot Details

  • River Front
  • End Unit
  • Sprinkler System

HOA Fees

  • $367 Monthly HOA Fees

Property Views

  • Water
  • City

Home Design

  • Penthouse
  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Partial Basement
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Deans Mill Elementary School
  • Stonington Middle School
  • Stonington High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Underground Utilities
  • Hot Water Circulator
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Community Garden
  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,923

Year Built

Built in 1984

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse, Penthouse
  • Sq Ft Est Heated Above Grade: 1316
  • Public Record Living Room Sq Ft: 1316
  • Total Sq Ft: 1316
  • Year Built: 1984
  • Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Renting, Trailer(S), Flood Plain Restrictions
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Painting included in HOA fees.
  • Public Record Gross Sq Ft: 2316
  • Directions: Route 27 to Holmes Street.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Partial
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Intercom, Open Floor Plan
  • Appliances: Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Sidewalk, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: River, Association Required, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Heat Pump, Hot Water, Zoned
  • 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, Trash Pickup, Snow Removal, Property Management, Flood Insurance
  • Complex Name: Mystic River Landing
  • Levels In Unit: 2
  • HOA Fees: 1100
  • HOA Fee Frequency: Quarterly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: City Views, Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: DB-5

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6923
  • Total Assessed Value: 275500
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 1.770
  • Mil Rate Total: 25.130
  • Assessor Parcel Number: 2073554

Multi Family

  • Total Num Of Units: 16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Apr 15, 2021
Sold by
Murli Joseph I
Bought by
Kerr Neal R
Seller's Agent
Greg Broadbent
RE/MAX Coast and Country
Buyer's Agent
Lisa Chaloux
Coldwell Banker Realty
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$785,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,131
Avg. Annual Appreciation
7.90%
Original Mortgage
$318,000
Outstanding Balance
$288,357
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$455,042

Purchase Details

Closed on
Aug 18, 2005
Sold by
Hedde Richard and Hedde Beverly
Bought by
Murli Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Klemm Ernest and Klemm Jane
Bought by
Hedde Richard D and Hedde Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.81%
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
Kerr Neal R $530,000 None Available
Kerr Neal R $530,000 None Available
Murli Joseph $512,500 --
Murli Joseph $512,500 --
Hedde Richard D $349,000 --
Hedde Richard D $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Neal R $318,000
Closed Kerr Neal R $318,000
Previous Owner Hedde Richard D $76,400
Previous Owner Hedde Richard D $410,000
Previous Owner Hedde Richard D $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $530,000 -3.6% $403 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
09/14/2020 09/14/20 For Sale $550,000 0.0% $418 / Sq Ft
01/28/2019 01/28/19 Rented $2,200 0.0% --
01/04/2019 01/04/19 Price Changed $2,200 -8.3% $2 / Sq Ft
11/09/2018 11/09/18 For Rent $2,400 -7.7% --
03/25/2017 03/25/17 Rented $2,600 0.0% --
03/12/2017 03/12/17 Under Contract -- -- --
03/10/2017 03/10/17 For Rent $2,600 0.0% --
03/24/2015 03/24/15 Rented $2,600 0.0% --
03/23/2015 03/23/15 Under Contract -- -- --
12/10/2014 12/10/14 For Rent $2,600 -- --
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 $8,825 $441,700 $0 $441,700
2024 $8,435 $441,700 $0 $441,700
2023 $8,486 $441,700 $0 $441,700
2022 $6,995 $275,500 $0 $275,500
2021 $7,034 $275,500 $0 $275,500
2020 $6,923 $275,500 $0 $275,500
2019 $6,918 $275,500 $0 $275,500
2018 $6,733 $275,500 $0 $275,500
2017 $7,286 $293,800 $0 $293,800
2016 $7,095 $293,800 $0 $293,800
2015 $6,799 $293,800 $0 $293,800
2014 $6,537 $293,800 $0 $293,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170336785

SmartMLS

APN: STON-000174-000001-000006-D000012