NOT LISTED FOR SALE

504 Noank Rd Mystic, CT 06355

West Mystic Neighborhood

Estimated Value: $397,317 - $431,000

1 Acre
$414,159 Price per Acre
43,560 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $370,000 $106 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,735/month

80 Days on Market

Highlights

  • Waterfront
  • 1 Acre Lot
  • Property is near shops

About This Lot

As of May 2024

APPROVED BUILDING LOT WITH WATER VIEWS!!! Are you ready to seize a truly exceptional opportunity? Introducing 504 Noank, a 1 acre APPROVED BUILDING LOT that promises to fulfill your waterfront dreams. They say they're not making land with fabulous water views anymore, and they're absolutely right! This is your chance to own a slice of paradise boasting breathtaking vistas.Rare opportunity alert! 504 Noank offers breathtaking water views you won't find anywhere else. Imagine waking up to the Mystic River's serene beauty every day. This 1.00-acre lot in the desired area of East Farms community and it is the last of its kind, with utilities ready for your dream home. Schedule a viewing today and seize this once-in-a-lifetime opportunity to own your Mystic retreat! We can help to build your Dream Home - Bring your plans we will do the rest!

Last Agent to Sell the Property

Jacek Mikolajczyk

Berkshire Hathaway NE Prop. License #RES.0797319 Listed on: 03/02/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Lisa Sherman

My Realtor, LLC License #REB.0791659

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,843

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Property is zoned RS-12

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2514512

Property Details

Property Type

Land

Est. Annual Taxes

$5,843

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Shopping/Mall
  • Remarks Public Addendum: Welcome to 504 Noank - Your Waterfront Oasis Awaits! Imagine waking up every day to the serene beauty of the majestic Mystic River - it's not just a dream, but a reality waiting to be embraced. Savor incredible water views from your future deck chaise, where unobstructed panoramas of the Mystic River, Long Island Sound, Mason's Island, and Noank will be your daily companions. Whether it's the golden hues of sunrise or the soothing shades of sunset, you'll find yourself immersed in the ever-changing tapestry of the river. 504 Noank offers the perfect blend of tranquility and convenience, nestled on a spacious 1.00-acre lot. While you'll feel a world away in this peaceful retreat, you're just 1 mile from downtown Mystic and 1.5 miles from charming Noank Village. This desired property is part of the private East Farms community, renowned for its upscale living and natural beauty. It's worth noting that this is the last available lot of its kind, making it a truly unique opportunity. The best part? Your path to building your dream home couldn't be smoother. The property already features a water meter, fire hydrant, and sewer connection. Plus, electricity and cable are just a few feet away. Feel free to bring your architect or builder and let your creativity run wild. Design the waterfront home you've always dreamed of and watch it come to life. To fully appreciate the beauty of this property, we kindly request that you schedule a viewing. Trust us; you won't be disappointed. Don't let this once-in-a-lifetime opportunity slip through your fingers. Your waterfront oasis is waiting for you!
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: turn to the dirt road next to mailbox with 500 number
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Ocean Frontage View
  • Road Frontage Description: Municipal Street

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Cable Available

Lot Info

  • Acres: 1
  • Lot Description: In Subdivision Dry Cleared
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RS-12
  • Parcel #: 2514512

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5843

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
May 17, 2024
Sold by
Byrne Kenneth and Holden Kim
Bought by
Sherman Wayne B and Sherman Georgia E
Seller's Agent
Jacek Mikolajczyk
Berkshire Hathaway NE Prop.
Buyer's Agent
Lisa Sherman
My Realtor, LLC
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
117
Current Estimated Value
$416,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,299
Avg. Annual Appreciation
7.49%
Original Mortgage
$296,000
Outstanding Balance
$291,850
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,309

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 26, 2023
Sold by
Canzellarini Richard and Canzellarini Aldona
Bought by
Byrne Kenneth and Holden Kim
Seller's Agent
Katie Korpi
Berkshire Hathaway NE Prop.
Buyer's Agent
Jacek Mikolajczyk
Berkshire Hathaway NE Prop.
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Jan 7, 2019
Sold by
New Venture Llc
Bought by
Eindham North Properties

Purchase Details

Closed on
Jan 4, 2006
Sold by
Hainline John W and Hainline Amy L
Bought by
New Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherman Wayne B $370,000 None Available
Sherman Wayne B $370,000 None Available
Byrne Kenneth $340,000 None Available
Byrne Kenneth $340,000 None Available
Eindham North Properties -- --
Eindham North Properties -- --
New Venture Llc $1,200,000 --
New Venture Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Wayne B $296,000
Closed Sherman Wayne B $296,000
Previous Owner New Venture Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $370,000 -12.9% $106 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $425,000 +25.0% $121 / Sq Ft
06/13/2023 06/13/23 Sold $340,000 -13.9% $97 / Sq Ft View Prior Sale
02/15/2023 02/15/23 For Sale $395,000 -- $113 / 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 $6,543 $240,380 $240,380 $0
2024 $6,078 $240,380 $240,380 $0
2023 $5,843 $240,380 $240,380 $0
2022 $5,715 $240,380 $240,380 $0
2021 $6,772 $240,380 $240,380 $0
2020 $6,716 $240,380 $240,380 $0
2019 $6,425 $240,380 $240,380 $0
2018 $6,348 $240,380 $240,380 $0
2017 $6,231 $240,380 $240,380 $0
2016 $3,934 $163,660 $163,660 $0
2015 $3,803 $163,660 $163,660 $0
2014 $3,713 $163,660 $163,660 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacek Mikolajczyk

    Seller's Agent in 2024

    Jacek Mikolajczyk

    Berkshire Hathaway Home Services

    (860) 874-6646

    2 in this area

    279 Total Sales

    Jacek Mikolajczyk
    Section Image
  • Lisa Sherman

    Buyer's Agent in 2024

    Lisa Sherman

    My Realtor, LLC

    (860) 682-5157

    1 in this area

    69 Total Sales

    Lisa Sherman
    Section Image
  • Katie Korpi

    Seller's Agent in 2023

    Katie Korpi

    Berkshire Hathaway Home Services

    (443) 223-1385

    4 in this area

    39 Total Sales

    Katie Korpi
    Section Image
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Map

Source: SmartMLS

MLS Number: 24001113

SmartMLS

APN: GROT-002618-000916-006504

Connecticut New London County Mystic 06355 West Mystic

504 Noank Rd, Mystic, CT

Not Listed for Sale

Lots

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