NOT LISTED FOR SALE
5 Beds
4 Baths
3,450 Sq Ft
7,405 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $600,000 $174 Per Sq Ft

35 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Property is near a bus stop
  • Stonington Middle School Rated A-
  • Wrap Around Porch
  • Baseboard Heating

About This Home

As of June 2023

Historic Mystic Commercial building in LS-5 (Local Shopping District) located on Avery St. with great exposure right behind Sea Swirl and Subway. Currently used as 4 residential units the first floor served as an office for over 20 years to the same tenant. Great opportunity to repurpose this property which needs updating. 15 off street parking spots included. Easy quick walk to the Mystic train station and into town where tenants can enjoy the great restaurants, Sift Bakery, shopping and the Mystic River waterfront park. The top 2 floors offer some beautiful views of the Mystic River and beyond.

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 04/28/2023

Last Buyer's Agent

Joseph Malerba

eXp Realty License #RES.0792576

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,777

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,450 Sq Ft Home
  • Water Views
  • Storage In Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 15 Parking Spaces
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Additional Features

  • Wrap Around Porch
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,777

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3450
  • Public Record Living Room Sq Ft: 3450
  • Total Sq Ft: 3450
  • Year Built: 1900
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5213
  • Directions: Rte 1 to Avery St near Sea Swirl, Ignazio's Pizza, and Subway. Building in the back of the parking lot.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Storage Space
  • Basement Description: Full With Hatchway, Storage
  • Attic: No
  • Street Number Modifier: 6

Exterior Features

  • Exterior Features: Porch, Porch-Wrap Around
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 15

Utilities

  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: LS-5

Multi Family

  • Unit Count: 4
  • Total Multi Family: 14
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6777
  • Total Assessed Value: 266900
  • Mil Rate Base: 23.660
  • Mil Rate Tax District: 1.730
  • Mil Rate Total: 25.390
  • Assessor Parcel Number: 2080667

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $600,000 -13.7% $174 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $695,000 -- $201 / 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 $5,311 $265,800 $63,700 $202,100
2024 $5,076 $265,800 $63,700 $202,100
2023 $5,107 $265,800 $63,700 $202,100
2022 $6,777 $266,900 $52,600 $214,300
2021 $6,814 $266,900 $52,600 $214,300
2020 $6,707 $266,900 $52,600 $214,300
2019 $6,702 $266,900 $52,600 $214,300
2018 $6,523 $266,900 $52,600 $214,300
2017 $7,199 $290,300 $146,500 $143,800
2016 $7,011 $290,300 $146,500 $143,800
2015 $6,718 $290,300 $146,500 $143,800
2014 $6,459 $290,300 $146,500 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170562243

SmartMLS

APN: STON M:161 B:17 L:2