NOT LISTED FOR SALE

51 Atlantic Ave Groton, CT 06340

Estimated Value: $1,561,000 - $1,709,757

3 Beds
2.5 Baths
1,982 Sq Ft
$826/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $962,450 $486 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,474/month

242 Days on Market

Highlights

  • Beach Access
  • Property Fronts a Bay or Harbor
  • Open Floorplan
  • Health Club
  • Medical Services
  • Colonial Architecture

About This Home

As of January 2017

Bring your boat! Family owned and occupied year-round for 40 years. This 3 bedroom 2.5 bath custom built home features your own private backyard and more than 50 feet of dock with room for 3 or 4 boats and direct access to the Sound! Fantastic sunsets, manicured lawn and outdoor living space with a 29x16 waterside stone patio are perfect for entertaining! Open floor plan with a wall of windows and glass doors gives an abundance of light filled rooms that bring beautiful water views right into your home from every room. First floor master bedroom en-suite with office, hardwood floors, beach stone fireplace, 2 car garage and cedar siding, all in great condition and ready for your occupancy! Bonus; Low cost flood Insurance policy transferable to buyer! Enjoy one of the best beach communities in New England with access to excellent amenities, beaches, and activities that will make many of your best and enjoyable memories to come!

Last Agent to Sell the Property

Katy Fetherston

Compass Connecticut, LLC License #RES.0768698 Listed on: 03/15/2016

Compass Connecticut, LLC

Last Buyer's Agent

Gay Gallagher

Gay Tyler Gallagher Real Estate License #REB.0750615

Gay Tyler Gallagher Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,117

Year Built

  • Built in 1933

Lot Details

  • 4,792 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Garden

Home Design

  • Colonial Architecture
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 1,982 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Workshop
  • Water Views
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Porch

Location

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

Schools

  • S.B. Butler Elementary School
  • Carl C. Cutler Middle School
  • Fitch Senior High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Groton Long Point Subdivision

Amenities

  • Medical Services
  • Community Garden

Recreation

  • Health Club
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,117

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Neighborhood: Groton Long Point
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1982
  • Year Built: 1933
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Private School(s), Shopping/Mall, Tennis Courts
  • Association Amenities: Basketball Court, Gardening Area, Putting Green, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Groton Long Point RD to East Shore AVE Groton Long Point, Right onto Beach RD, right onto Atlantic.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan, Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood
  • Additional Rooms: Laundry Room, Workshop
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 51

Exterior Features

  • Exterior Features: Deck, Garden Area, Patio, Porch
  • Exterior Siding: Cedar, Wood
  • Waterfront Description: Association Required, Beach Rights, Dock or Mooring, Frontage, Harbor, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: S.B. Butler
  • High School: Fitch Senior
  • Intermediate School: Carl C. Cutler

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot, Water View

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 19117
  • Total Assessed Value: 879760
  • Mil Rate Total: 21.730
  • Assessor Parcel Number: 1955670

MLS Schools

  • Elementary School: S.B. Butler
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Feb 24, 2017
Sold by
Wagner William C
Bought by
Lee Wagner Ft
Seller's Agent
Katy Fetherston
Compass Connecticut, LLC
Buyer's Agent
Gay Gallagher
Gay Tyler Gallagher Real Estate
List Price
$1,090,000
Sold Price
$962,450
Premium/Discount to List
-$127,550
-11.7%
Current Estimated Value
$1,636,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,136
Avg. Annual Appreciation
6.28%
Original Mortgage
$769,960
Outstanding Balance
$382,941
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,253,645

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jan 13, 2017
Sold by
Green Nancy J
Bought by
Wagner William C
Seller's Agent
Katy Fetherston
Compass Connecticut, LLC
Buyer's Agent
Gay Gallagher
Gay Tyler Gallagher Real Estate
List Price
$1,090,000
Sold Price
$962,450
Premium/Discount to List
-$127,550
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,960
Outstanding Balance
$382,941
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,253,645
Source: Public Records

Range of Values:

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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
Lee Wagner Ft -- --
Wagner William C $962,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner William C $769,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $962,450 -11.7% $486 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/09/2016 10/09/16 For Sale $1,090,000 +13.3% $550 / Sq Ft
10/06/2016 10/06/16 Off Market $962,450 -- --
08/21/2016 08/21/16 Price Changed $1,090,000 -5.1% $550 / Sq Ft
03/15/2016 03/15/16 For Sale $1,149,000 -- $580 / 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 $21,569 $765,660 $616,308 $149,352
2024 $20,244 $765,660 $616,308 $149,352
2023 $19,517 $765,660 $552,300 $213,360
2022 $19,149 $765,660 $552,300 $213,360
2021 $19,629 $651,910 $490,280 $161,630
2020 $19,340 $651,910 $490,280 $161,630
2019 $18,545 $651,910 $490,280 $161,630
2018 $18,175 $651,910 $490,280 $161,630
2017 $17,817 $651,910 $490,280 $161,630
2016 $21,751 $879,760 $677,250 $202,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10116805

SmartMLS

APN: GROT-002607-001026-006275