NOT LISTED FOR SALE

5 Water St Mystic, CT 06355

Mystic Historic District Neighborhood

Estimated Value: $1,667,115

2 Beds
1.5 Baths
1,200 Sq Ft
$1,389/Sq Ft Est. Value

Highlights

  • River Front
  • Laundry Room
  • Concrete Flooring
  • Walking Distance to Water
  • Central Air

About This Home

As of March 2016

FABULOUS 2 BEDROOM APARTMENT WITH 1 FULL AND 1 HALF BATHROOM LOCATED IN THE HEART OF HISTORIC DOWNTOWN MYSTIC. MINT MOVE-IN CONDITION. ENJOY YOUR BALCONY OFF THE MASTER BEDROOM WITH WATER VIEW AND VILLAGE VIEWS. WASHER AND DRYER INCLUDED. PRIVATE PARKING FOR 2 CARS. LIGHT AND BRIGHT. CENTRAL A/C. NEAR FINE RESTAURANTS AND UNIQUE SHOPS. JUST STEPS TO THE RIVERFRONT, MYSTIC ART MUSEUM AND MYSTIC RIVER PARK. LIVE A DREAM IN THE HEART OF HISTORIC MYSTIC!

Last Agent to Rent the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 02/19/2016

William Pitt Sotheby's Int'l

Last Renter's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 02/19/2016

William Pitt Sotheby's Int'l

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,329

Year Built

  • Built in 1997

Lot Details

  • 9,148

Interior Spaces

  • 1,200 Sq Ft Home
  • Concrete Flooring
  • Water Views

Kitchen

  • Oven or Range
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Pboe Elementary School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Walking Distance to Water
  • River Front

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,329

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Pets Allowed Info: WITH APPROVAL
  • Landlord Requirements: Security Deposit
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 1750
  • Smoking Allowed: No
  • Tenant Responsibility: Cable TV, Credit Check, Electricity, Heat, Hot Water, Water

Listing Details

  • Neighborhood: Mystic
  • Property Type: Residential Rental
  • Potential Short Sale: No
  • Style: Townhouse
  • Total Sq Ft: 1200
  • Year Built: 1997
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Directions: WEST MAIN STREET TO WATER STREET. ABOVE "SIFT" BAKERY. PARK IN THE REAR OF PROPERTY.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Concrete Floor
  • Appliances: Dishwasher, Dryer, Electric Range, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Tax Info

  • Mil Rate Total: 20.950
  • Assessor Parcel Number: 1960873

MLS Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
Sift Real Estate Llc
Bought by
Groton Town Of
Current Estimated Value
$1,667,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 22, 2019
Sold by
Amfran Estates Inc
Bought by
Sift Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 26, 2015
Sold by
Caly Llc
Bought by
Amfran Estates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2000
Sold by
Tico Llc
Bought by
Valenti Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1999
Sold by
Danrob Llc
Bought by
Tico Llc

Purchase Details

Closed on
Jun 2, 1995
Sold by
Aysseh Emil and Aysseh Josephine
Bought by
Roepers Alexander J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Groton Town Of -- --
Sift Real Estate Llc -- --
Amfran Estates Inc $835,000 --
Valenti Robert H $725,000 --
Tico Llc $600,000 --
Roepers Alexander J $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sift Real Estate Llc $1,750,000
Closed Sift Real Estate Llc $693,600
Closed Sift Real Estate Llc $1,562,186
Closed Sift Real Estate Llc $645,000
Closed Sift Real Estate Llc $320,074
Closed Sift Real Estate Llc $266,000
Previous Owner Sift Real Estate Llc $1,075,000
Previous Owner Sift Real Estate Llc $550,000
Previous Owner Amfran Estates Inc $685,000
Previous Owner Roepers Alexander J $2,000,000
Previous Owner Roepers Alexander J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Rented $1,750 0.0% --
02/27/2016 02/27/16 Under Contract -- -- --
02/19/2016 02/19/16 For Rent $1,750 0.0% --
08/28/2015 08/28/15 Rented $1,750 0.0% --
08/20/2015 08/20/15 Under Contract -- -- --
07/22/2015 07/22/15 For Rent $1,750 -- --
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 $21,329 $783,580 $376,292 $407,288
2024 $19,814 $783,580 $376,292 $407,288
2023 $19,046 $783,580 $201,740 $581,840
2022 $18,629 $783,580 $201,740 $581,840
2021 $29,074 $1,032,080 $183,400 $848,680
2020 $28,836 $1,032,080 $183,400 $848,680
2019 $14,870 $556,290 $183,400 $372,890
2018 $14,692 $556,290 $183,400 $372,890
2017 $14,419 $556,290 $183,400 $372,890
2016 $12,091 $502,950 $183,400 $319,550
2015 $11,689 $502,950 $183,400 $319,550
2014 -- $502,950 $183,400 $319,550
Source: Public Records

Agents Affiliated with this Home

  • Judi Caracausa

    Landlord's Agent in 2016

    Judi Caracausa

    William Pitt

    (860) 912-9903

    17 in this area

    183 Total Sales

    Judi Caracausa
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Map

Source: SmartMLS

MLS Number: E10110769

SmartMLS

APN: GROT-002619-001830-008613

Connecticut New London County Mystic 06355 Mystic Historic District

5 Water St, Mystic, CT

This home is located at 5 Water St, Mystic, CT 06355 since 19 February 2016 and is currently priced at $1,667,115. This property was built in 1997. 5 Water St is a home located in New London County with nearby schools including Northeast Academy Arts Magnet School, 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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