NOT LISTED FOR SALE

59 E Main St Mystic, CT 06355

Mystic Neighborhood

Estimated Value: $775,243 - $1,041,000

5 Beds
3 Baths
2,925 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2021

Last sale price $560,000 $191 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,580 / mo

130 Days on Market

Highlights

  • No HOA
  • Walking Distance to Water
  • Enclosed Patio or Porch
  • Stonington Middle School Rated A-
  • 3 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2021

Great investment property in downtown Mystic, new heating system within the last 10 +/- years. 3 car detached garage

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 04/28/2021

Last Buyer's Agent

Geoff Smith

RE/MAX on the Bay License #REB.0792694

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,777

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Storage In Attic

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Car Detached Garage
  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Propane

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,777

Year Built

Built in 1900

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2925
  • Public Record Living Room Sq Ft: 2925
  • Total Sq Ft: 2925
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 4270
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Rt 27 to East Main St
  • Special Features: None

Interior Features

  • Attic Description: Storage Space
  • Basement Description: Partial With Walk-Out, Partially Finished
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: No

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, On Street Parking
  • Garages Number: 3
  • Driveway Type: Shared

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2100
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RH-10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5777
  • Mil Rate Base: 23.850
  • Mil Rate Tax District: 1.680
  • Assessor Parcel Number: 2075215

Multi Family

  • Total Num Of Units: 3

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Oct 15, 2021
Sold by
Bought by
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Geoff Smith
RE/MAX on the Bay
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$869,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,748
Avg. Annual Appreciation
9.91%
Original Mortgage
$448,000
Outstanding Balance
$408,534
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$461,214
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $448,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $560,000 0.0% $191 / Sq Ft
04/28/2021 04/28/21 For Sale $560,000 0.0% $191 / Sq Ft
05/30/2016 05/30/16 Rented $1,200 0.0% --
05/18/2016 05/18/16 Under Contract -- -- --
05/02/2016 05/02/16 For Rent $1,200 0.0% --
10/01/2015 10/01/15 Rented $1,200 0.0% --
09/25/2015 09/25/15 Under Contract -- -- --
08/19/2015 08/19/15 For Rent $1,200 0.0% --
07/28/2014 07/28/14 Rented $1,200 0.0% --
07/23/2014 07/23/14 Under Contract -- -- --
05/16/2014 05/16/14 For Rent $1,200 -- --
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,593 $530,200 $137,200 $393,000
2024 $10,125 $530,200 $137,200 $393,000
2023 $7,241 $376,900 $137,200 $239,700
2022 $5,746 $226,300 $107,900 $118,400
2021 $5,777 $226,300 $107,900 $118,400
2020 $5,687 $226,300 $107,900 $118,400
2019 $5,682 $226,300 $107,900 $118,400
2018 $5,531 $226,300 $107,900 $118,400
2017 $4,888 $197,100 $91,700 $105,400
2016 $4,760 $197,100 $91,700 $105,400
2015 $4,561 $197,100 $91,700 $105,400
2014 $4,385 $197,100 $91,700 $105,400
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2021

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    30 in this area

    254 Total Sales

    Thomas Switz
    Section Image
  • Geoff Smith

    Buyer's Agent in 2021

    Geoff Smith

    RE/MAX

    (860) 912-3209

    2 in this area

    136 Total Sales

    Geoff Smith
    Section Image
  • Daniel Walz

    Buyer's Agent in 2016

    Daniel Walz

    Switz Real Estate Associates

    (860) 334-4474

    17 Total Sales

    Daniel Walz
    Section Image
  • Loretta King

    Buyer's Agent in 2015

    Loretta King

    Berkshire Hathaway Home Services

    (860) 884-1111

    1 in this area

    15 Total Sales

    Loretta King
    Section Image
  • Bridget Morrissey

    Buyer's Agent in 2014

    Bridget Morrissey

    Bridget Morrissey Realty LLC

    (860) 857-5165

    3 in this area

    85 Total Sales

    Bridget Morrissey
    Section Image
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Map

Source: SmartMLS

MLS Number: 170383268

SmartMLS

APN: STON-000174-000008-000009

Connecticut New London County Mystic 06355 Mystic

59 E Main St, Mystic, CT

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