NOT LISTED FOR SALE

5 School House Rd Mystic, CT 06355

Estimated Value: $837,000 - $1,920,162

4 Beds
3 Baths
3,748 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $835,000 $223 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $10,997/month

204 Days on Market

Highlights

  • Spa
  • Waterfront
  • Secluded Lot
  • Mystic Middle School Rated A-
  • Cape Cod Architecture
  • Attic

About This Home

As of November 2018

Mason’s Island, a quaint coastal community in the Stonington village of Mystic, is recognized as one of the most beautiful seaside villages in New England. This site offers lovely views of the Mystic River and features an existing Cape-Style home. The Cape-style cottage is located on the Southern side of the island offers breathtaking views down to the Mystic River. The residence was designed with these views in mind, featuring expansive windows in the kitchen, den, family room, and master bedroom. Originally built in 1940, the property was expanded and renovated in consultation with world renowned Feng Shui professional, Eva Wong, of MIT. The open kitchen and family room offer ample space for people to gather together to cook, the formal living room and dining room provide space to host, a large bonus room above the garage can be used to entertain guests, and the master bedroom with fireplace and waterviews provides a space to getaway.

Last Agent to Sell the Property

Joanna Dresser

Landvest, Inc License #REB.0790570 Listed on: 03/02/2018

Last Buyer's Agent

Ann Burgess

Berkshire Hathaway NE Prop. License #RES.0088067

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,580

Year Built

  • Built in 1940

Lot Details

  • 0.53 Acre Lot
  • Waterfront
  • Stone Wall
  • Secluded Lot
  • Open Lot
  • Garden
  • Property is zoned RA-20

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Cottage
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Shingle Siding

Interior Spaces

  • 3,748 Sq Ft Home
  • 3 Fireplaces
  • Entrance Foyer
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Schools

  • Stonington Middle School
  • Stonington High School

Utilities

  • Central Air
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Listing and Financial Details

  • Exclusions: See listing broker

Community Details

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,580

Year Built

Built in 1940

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod, Cottage
  • Sq Ft Est Heated Above Grade: 3748
  • Public Record Living Room Sq Ft: 3748
  • Total Sq Ft: 3748
  • Year Built: 1940
  • Nearby Amenities: Bocci Court, Private Rec Facilities, Tennis Courts
  • Exclusions: See listing broker
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6352
  • Directions: Route 1 in Mystic to Masons Island Rd. Go over causeway and bear left. Go through the stone pillars then take the first right turn onto School House Rd. Second house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Oven/Range, Microwave, Range Hood, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Garden Area, Hot Tub, Lighting, Patio, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Circular, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 50
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Stonington
  • High School: Stonington
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.5300
  • Lot Description: Open Lot, Secluded, Water View, Professionally Landscaped
  • Zoning: RA-20

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 15580
  • Total Assessed Value: 678000
  • Mil Rate Base: 22.980
  • Mil Rate Tax District: 1.630
  • Mil Rate Total: 24.310
  • Assessor Parcel Number: 2076156

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Stonington
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Nov 19, 2018
Sold by
Prior Parker T
Bought by
Hayes Lisa S and Hayes Peter J
Seller's Agent
Joanna Dresser
Landvest, Inc
Buyer's Agent
Ann Burgess
Berkshire Hathaway NE Prop.
List Price
$1,895,000
Sold Price
$835,000
Premium/Discount to List
-$1,060,000
-55.94%
Current Estimated Value
$1,726,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,925
Avg. Annual Appreciation
9.69%
Original Mortgage
$215,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Caryn Nesbitt Parker T
Bought by
Caryn Nesbitt Parker F
Source: Public Records

Range of Values:

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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
Hayes Lisa S $417,500 --
Hayes Lisa S $417,500 --
Hayes Lisa S $417,500 --
Hayes Lisa S $417,500 --
Caryn Nesbitt Parker F -- --
Caryn Nesbitt Parker F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Peter J $210,000
Closed Hayes Lisa S $215,000
Previous Owner Parker Prior $75,000
Previous Owner Parker Prior $1,800,000
Previous Owner Parker Prior $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $835,000 0.0% $223 / Sq Ft
10/11/2018 10/11/18 Price Changed $835,000 -47.6% $223 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $1,595,000 -15.8% $426 / Sq Ft
03/02/2018 03/02/18 For Sale $1,895,000 -- $506 / 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 $21,945 $1,016,900 $355,600 $661,300
2024 $21,202 $1,016,900 $355,600 $661,300
2023 $19,372 $1,016,900 $355,600 $661,300
2022 $17,669 $678,000 $256,100 $421,900
2021 $17,570 $678,000 $256,100 $421,900
2020 $17,058 $678,000 $256,100 $421,900
2019 $16,991 $678,000 $256,100 $421,900
2018 $16,482 $678,000 $256,100 $421,900
2017 $15,625 $634,900 $285,700 $349,200
2016 $15,200 $634,900 $285,700 $349,200
2015 $14,571 $634,900 $285,700 $349,200
2014 $14,006 $634,900 $285,700 $349,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170056642

SmartMLS

APN: STON-000176-000007-000024