NOT LISTED FOR SALE

511 Liberty St Pawcatuck, CT 06379

Estimated Value: $1,174,252

35.24 Acres
$33,322 Price per Acre
1,535,054 Sq Ft Lot

Last Sold August 05, 2021

Last sale price $900,000 $558 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,946/month

267 Days on Market

Highlights

  • 35.24 Acre Lot
  • Farm
  • No HOA
  • Stonington Middle School Rated A-
  • Wetlands on Lot

About This Lot

As of August 2021

Located just off I-95 in the highly desirable HI-60 zone. Perfect for easy on/off I-95. This zone encourages the development of high-quality commercial spaces such as office, retail, hotel, light industrial, and age-restricted housing surrounding the interchanges of I-95 with Routes 2,78 and 49. 35.34 contiguous acres (14.22 in Stonington and 21.12 in N. Stonington. Already on busy Route 2 is Stop & Shop, McDonald's, medical center, Regal Cinemas, Dunkin Donuts, and CVS
Traffic Count 16792 Daily Between NYC and Boston

Last Agent to Sell the Property

Tim Bray

Seaport Real Estate Services License #REB.0790195 Listed on: 08/05/2020

Co-Listed By

Dylan LaGrandeur

Berkshire Hathaway NE Prop. License #RES.0805892

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Dylan LaGrandeur

Berkshire Hathaway NE Prop. License #RES.0805892

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,569

Lot Details

  • 35.24 Acre Lot
  • Property fronts an interstate
  • Property is zoned HI-60

Farming

  • Farm

Utilities

  • Gas Available
  • Private Company Owned Well
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$5,569

Lot Details

35.24 Acres

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 07/26/2021
  • Directions: I 95 to exit 92. Turn right Property on left.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Interstate Highway, U.S. Highway, Municipal Street

Utilities

  • Water Source: Public Water In Street, Private Well
  • Sewer: Public Sewer In Street, Septic
  • Utilities Available: Electric Available, Gas Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 35.2400
  • Lot Description: Rear Lot, Farm Land, May be Subdividable, Some Wetlands, Fence - Partial
  • Flood Zone: No
  • Lots Number Of: 1
  • Zoning: HI-60

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5569
  • Mil Rate Base: 23.850
  • Mil Rate Tax District: 1.800
  • Assessor Parcel Number: 2073688

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2026
Sold by
Gx3 Llc
Bought by
Readco Holdings Llc
Current Estimated Value
$1,174,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,998,088
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$823,836

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 5, 2021
Sold by
Chapman Edna F Est and Lewiss
Bought by
Gx3 Llc
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Dylan LaGrandeur
Berkshire Hathaway NE Prop.
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 4, 2021
Sold by
Chapman Edsel U
Bought by
Gx3 Llc
Seller's Agent
Tim Bray
Seaport Real Estate Services
Buyer's Agent
Dylan LaGrandeur
Berkshire Hathaway NE Prop.
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
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
Readco Holdings Llc $2,000,000 --
Readco Holdings Llc $2,000,000 --
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Gx3 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Readco Holdings Llc $2,000,000
Closed Readco Holdings Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $900,000 -9.9% $558 / Sq Ft
07/28/2021 07/28/21 For Sale $999,000 0.0% $620 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $999,000 -23.2% $620 / Sq Ft
08/05/2020 08/05/20 For Sale $1,300,000 -- $806 / Sq Ft
Source: SmartMLS

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 $10,974 $552,000 $552,000 $0
2024 $10,516 $552,000 $552,000 $0
2023 $10,517 $552,000 $552,000 $0
2022 $5,560 $217,100 $174,900 $42,200
2021 $5,569 $217,100 $174,900 $42,200
2020 $5,462 $217,100 $174,900 $42,200
2019 $5,451 $217,100 $174,900 $42,200
2018 $5,267 $217,100 $174,900 $42,200
2017 $5,503 $223,500 $147,900 $75,600
2016 $5,353 $223,500 $147,900 $75,600
2015 $5,024 $223,500 $147,900 $75,600
2014 $4,915 $223,500 $147,900 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170324236

SmartMLS

APN: STON-000020-000002-000004

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