NOT LISTED FOR SALE

5 Morgan Point Groton, CT 06340

Noank Neighborhood

Estimated Value: $765,000 - $1,458,653

2 Beds
2 Baths
2,172 Sq Ft
$555/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $1,100,000 $506 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,466/month

179 Days on Market

Highlights

  • Beach Front
  • Wood Burning Stove
  • Baseboard Heating
  • Deck
  • Raised Ranch Architecture
  • Wood Siding

About This Home

As of August 2014

Ultimate location with deep water dock and mooring at the mouth of mystic river. Property faces east with fantastic views out to block island. Excellent yachting along shoreline. Property on morgan pt in noank village.
0 Morgan pt included as part of sale, 999/784 but separate taxes and .14 Acr.

Last Agent to Sell the Property

Kathy Roy

William Raveis Real Estate License #REB.0755443 Listed on: 01/12/2014

Last Buyer's Agent

Josephine Navin

Onshore Realtors License #RES.0230540

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,719

Year Built

  • Built in 1993

Lot Details

  • 0.29 Acre Lot
  • Beach Front
  • Home fronts a sound

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,172 Sq Ft Home
  • Wood Burning Stove
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Sb Butler Elementary School
  • Fitch High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,719

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Neighborhood: Noank
  • Property Type: Single Family For Sale
  • Potential Short Sale: Yes
  • Style: Raised Ranch
  • Total Sq Ft: 2172
  • Year Built: 1993
  • Direct Waterfront: Yes
  • Directions: Noank village to pearl street to end onto morgan point, first house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shake, Wood
  • Waterfront Description: Beach, Dock or Mooring, L. I. Sound Frontage, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Sb Butler
  • High School: Fitch

Lot Info

  • Acres: 0.2880

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 19719
  • Total Assessed Value: 976000
  • Assessor Parcel Number: 1959182

MLS Schools

  • Elementary School: Sb Butler
  • High School: Fitch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2014
Closed on
Aug 13, 2014
Sold by
Policastro Lawrence J
Bought by
Vene Nicholas
Seller's Agent
Kathy Roy
William Raveis Real Estate
Buyer's Agent
Josephine Navin
Onshore Realtors
List Price
$1,550,000
Sold Price
$1,100,000
Premium/Discount to List
-$450,000
-29.03%
Current Estimated Value
$1,435,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,383
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Cheney Carol L
Bought by
Policastro Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.3%
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
Vene Nicholas -- --
Policastro Lawrence J $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Policastro Lawrence J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $1,100,000 -29.0% $506 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $1,550,000 -- $714 / 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 $18,470 $700,140 $508,648 $191,492
2024 $17,244 $700,140 $508,648 $191,492
2023 $16,530 $700,140 $426,580 $273,560
2022 $16,194 $700,140 $426,580 $273,560
2021 $16,487 $596,050 $426,580 $169,470
2020 $16,064 $596,050 $426,580 $169,470
2019 $15,336 $596,050 $426,580 $169,470
2018 $15,235 $596,050 $426,580 $169,470
2017 $14,973 $596,050 $426,580 $169,470
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kathy Roy

    William Raveis Real Estate

    Section Image
  • Josephine Navin

    Buyer's Agent in 2014

    Josephine Navin

    Onshore Realtors

    (860) 214-6563

    14 Total Sales

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Map

Source: SmartMLS

MLS Number: E272838

SmartMLS

APN: GROT-002607-000887-008533

Connecticut New London County Groton 06340 Noank

5 Morgan Point, Groton, CT

This home is located at 5 Morgan Point, Groton, CT 06340 since 12 January 2014 and is currently estimated at $1,206,413, approximately $555 per square foot. This property was built in 1993. 5 Morgan Point is a home located in New London County with nearby schools including Groton Middle School and Robert E. Fitch High School.

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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