NOT LISTED FOR SALE

Estimated Value: $854,580 - $1,247,000

2 Beds
3.5 Baths
1,494 Sq Ft
$650/mo HOA Fee

Last Sold February 27, 2017

Last sale price $590,000 $395 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,454/month

110 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Mud Room
  • Deck
  • End Unit
  • 4-minute walk to Mystic River Park

About This Home

As of February 2017

BOATER'S DREAM! INCLUDES 40' OF DOCKING! Bring your boat home! Docking for up to a 40' boat is included in you condo fee. Time is money and the convenience of enjoying docking just steps from your home is priceless. 2 bedrooms with 3 and 1/2 baths plus lower level family room and full bath on lower level. Master Bedroom has spectacular water view. Tri-level unit with open layout. Fabulous private deck with views of Mystic River, Historic Drawbridge and Mystic River Park. Mint move-in condition and can be sold furnished. One Car Private Covered Garage Parking plus additional open parking. $650/mo Includes Exterior Maintenance, Master Flood Insurance Policy and having up to 40' of Docking just steps from your door! Located in Historic Downtown Mystic near Unique Shop, Fine Restaurants, Mystic Museum of Art, Deep Water Marinas and is also Pet Friendly. Make a life changing move - Live a Dream. Premier Location on The Mystic River.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 09/22/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,797

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • Home fronts a sound
  • River Front
  • End Unit

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Clap Board Siding

Interior Spaces

  • 1,494 Sq Ft Home
  • Mud Room
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, insurance, property management, snow removal
  • 18 Units
  • Steamboat Wharf Community
  • Property managed by Steamboat Wharf Owne

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,797

Year Built

Built in 1981

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Neighborhood: Mystic
  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Contemporary, Townhouse
  • Total Sq Ft: 1494
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: West Main St. to Water St. Enter at Mystic Art Assoc. Unit 61. No sign.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 61

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Access, Dock or Mooring, Frontage, Ocean Frontage, River, L. I. Sound Frontage, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking
  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Insurance, Property Management, Snow Removal
  • Complex Name: Steamboat Wharf
  • Levels In Unit: 3
  • HOA Fees: 650
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Steamboat Wharf Owne
  • Property Mgt Phone: 860-912-9903

Schools

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

Rental Info

  • Lease Purchase: No
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 8797
  • Total Assessed Value: 404810
  • Mil Rate Total: 21.730
  • Assessor Parcel Number: 2239653

Multi Family

  • Total Num Of Units: 18

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Feb 27, 2017
Sold by
Oades Peter R
Bought by
Parsons Matthew T
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$1,046,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,527
Avg. Annual Appreciation
6.58%
Original Mortgage
$424,100
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 27, 2014
Closed on
Jul 22, 2014
Sold by
Strom Curtis E and Strom Kim E
Bought by
Oades Peter R
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Mary Jean Agostini
RE/MAX Right Choice
List Price
$710,000
Sold Price
$660,000
Premium/Discount to List
-$50,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.20%

Purchase Details

Closed on
Nov 4, 2002
Sold by
Tapley Inv Co Llc
Bought by
Strom Curtis E and Strom Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Parsons Matthew T $590,000 --
Oades Peter R $660,000 --
Strom Curtis E $502,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Matthew T $391,200
Closed Parsons Matthew T $424,100
Previous Owner Strom Curtis E $363,000
Previous Owner Strom Curtis E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $590,000 -1.5% $395 / Sq Ft
01/10/2017 01/10/17 For Sale $599,000 0.0% $401 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
11/14/2016 11/14/16 Price Changed $599,000 -5.5% $401 / Sq Ft
11/08/2016 11/08/16 Price Changed $634,000 +5.8% $424 / Sq Ft
11/02/2016 11/02/16 Price Changed $599,000 -5.6% $401 / Sq Ft
09/22/2016 09/22/16 For Sale $634,500 -3.9% $425 / Sq Ft
07/22/2014 07/22/14 Sold $660,000 -7.0% $442 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
04/27/2014 04/27/14 For Sale $710,000 -- $475 / 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 $14,748 $541,800 $162,540 $379,260
2024 $13,700 $541,800 $162,540 $379,260
2023 $13,169 $541,800 $0 $541,800
2022 $12,881 $541,800 $0 $541,800
2021 $12,971 $460,460 $0 $460,460
2020 $12,865 $460,460 $0 $460,460
2019 $12,308 $460,460 $0 $460,460
2018 $12,161 $460,460 $0 $460,460
2017 $11,394 $439,600 $0 $439,600
2016 $9,732 $404,810 $0 $404,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10169098

SmartMLS

APN: GROT-002619-001840-001742-000006