NOT LISTED FOR SALE

518 Seaside Ave Westbrook, CT 06498

Estimated Value: $456,575 - $700,000

0.12 Acre
$4,644,950 Price per Acre
5,227 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $425,000 $212 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,508/month

24 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • No HOA
  • Westbrook Middle School Rated A-
  • Property is near public transit and shops
  • Walking Distance to Water

About This Lot

As of August 2023

Great year round Approved Building Lot with a stunning view of Long Island Sound and nearby Islands. This land is located in a quaint seaside town centrally located from New York and Boston. Pilots Point Marina and Safe Harbor are very closely located nearby. There is also access to Coral Sands Beach which is a short walk away. Pilots Point Marina and Safe Harbor are also both close to this property. Convenient to Westbrook Center, shopping, entertainment and I-95 . Approved house plans are included in Purchase. Come build your dream house on land that has been owned by the same family since 1901.

Last Agent to Sell the Property

Jennifer Trautman Turton

William Pitt Sotheby's Int'l License #REB.0408160 Listed on: 07/14/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jennifer Trautman Turton

William Pitt Sotheby's Int'l License #REB.0408160 Listed on: 07/14/2023

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,068

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts a sound
  • Level Lot
  • Cleared Lot
  • Property is zoned HDR

Schools

  • Daisy Ingraham Elementary School
  • Westbrook High School

Additional Features

  • Water Views
  • Property is near public transit and shops
  • Cable TV Available

Community Details

Recreation

  • Walking Distance to Water

Additional Features

  • No Home Owners Association
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$7,068

Lot Details

0

Listing Details

  • Neighborhood: Pilot's Point
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Minutes from I-95
  • Special Features: None

Exterior Features

  • Waterfront Description: L. I. Sound Frontage, Walk to Water
  • Road Frontage Description: Paved Road

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Cleared, Water View, Level Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: HDR

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7068
  • Mil Rate Base: 21.320
  • Assessor Parcel Number: 1038677

MLS Schools

  • Elementary School: Daisy Ingraham
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 21, 2023
Sold by
Burdick Charles P
Bought by
D And B Realty Assoc Llc
Seller's Agent
Jennifer Trautman Turton
William Pitt Sotheby's Int'l
Buyer's Agent
Jennifer Trautman Turton
William Pitt Sotheby's Int'l
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%
Views
74
Current Estimated Value
$557,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,394
Avg. Annual Appreciation
11.86%
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
D And B Realty Assoc Llc $425,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $425,000 -15.0% $213 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $500,000 -- $250 / 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 $7,459 $331,500 $331,500 $0
2024 $7,194 $331,500 $331,500 $0
2023 $7,068 $331,500 $331,500 $0
2022 $6,882 $331,500 $331,500 $0
2021 $4,348 $173,900 $173,900 $0
2020 $4,348 $173,900 $173,900 $0
2019 $4,290 $173,900 $173,900 $0
2018 $4,238 $173,900 $173,900 $0
2017 $4,238 $173,900 $173,900 $0
2016 $4,616 $199,470 $199,470 $0
2015 $299 $13,300 $13,300 $0
2014 $290 $13,300 $13,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170584560

SmartMLS

APN: WBRO-000189-000000-000019