NOT LISTED FOR SALE

62 Prospect St Unit 1 Pawcatuck, CT 06379

Estimated Value: $429,819 - $486,000

2 Beds
2 Baths
1,390 Sq Ft
$250/mo HOA Fee

Last Sold January 28, 2022

Last sale price $330,000 $237 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,085/month

361 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Bonus Room
  • Stonington Middle School Rated A-
  • Property is near public transit
  • End Unit

About This Home

As of January 2022

Be the first to own a brand new construction condominium just steps from downtown Westerly and the Pawcatuck River. The opportunity to live in a newly constructed two bedroom, two bathroom home awaits at Prospect Place, where a modern, open floor plan is dressed in stylish finishes, with hardwood flooring throughout, stainless steel appliances, central air conditioning, deck, one car garage, and more. Unit 1 offers a rare first floor master bedroom a second floor study/bonus room and a potential winter water view of the Pawcatuck River. Condos at Prospect Place enjoy the ease of city water, gas, and sewer. The monthly HOA serves to take care of landscaping, snow removal and exterior maintenance. Prospect Place offers a small town setting in a convenient and activity-rich location, with shops and restaurants a short walk away, and several beach communities, business hubs, and casinos within a short drive. Easy access to I-95 makes commuting a breeze, and Amtrak's Westerly station makes travel to New York and Boston easily accessible. *Please note, pictures and virtual tour are not representative of actual condominium. Photos and imagery indicate typical finishes but do not reflect unit layout.

Last Agent to Sell the Property

Kelly Holmes

Mott & Chace Sotheby's Intl Rt License #RES.0812665 Listed on: 12/18/2020

Mott & Chace Sotheby's Intl Rt

Co-Listed By

John Blair

Mott & Chace Sotheby's Intl Rt License #RES.0812431

Last Buyer's Agent

Melissa DiPiazza

RE/MAX One License #RES.0816056

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,773

Year Built

  • Built in 2021

Lot Details

  • End Unit

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Home to be built
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • Open Floorplan
  • Bonus Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • West Vine Elementary School
  • Stonington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include grounds maintenance, snow removal, property management
  • 38 Units
  • Prospect Place Community
  • Property managed by Northeast Property Group

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,773

Year Built

Built in 2021

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1390
  • Total Sq Ft: 1390
  • Year Built: 2021
  • New Construction: To Be Built
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Directions: Prospect Place is located on Prospect Street, which is off of Mechanic Street
  • Special Features: NewHome

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 62

Exterior Features

  • Exterior Features: Deck, Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Assigned Parking, Off Street Parking
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management
  • Complex Name: Prospect Place
  • Levels In Unit: 2
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Northeast Property Group
  • Property Mgt Phone: 860-437-7005

Schools

  • Elementary School: West Vine
  • High School: Stonington

Lot Info

  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NDD1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2021-June 2022
  • Mil Rate Total: 25.650
  • Assessor Parcel Number: 999999999

Multi Family

  • Total Num Of Units: 38

MLS Schools

  • Elementary School: West Vine
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 18, 2022
Sold by
Prospect East Llc
Bought by
Gitterman Glen T and Gitterman Linda S
Seller's Agent
Kelly Holmes
Mott & Chace Sotheby's Intl Rt
Buyer's Agent
Melissa DiPiazza
RE/MAX One
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$459,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,705
Avg. Annual Appreciation
6.14%
Original Mortgage
$263,000
Outstanding Balance
$245,171
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$165,297
Source: Public Records

Range of Values:

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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
Gitterman Glen T -- None Available
Gitterman Glen T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gitterman Glen T $263,000
Closed Gitterman Glen T $263,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $330,000 0.0% $237 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $329,900 0.0% $237 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $329,900 0.0% $237 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $329,900 -- $237 / 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 $4,773 $240,100 $0 $240,100
2024 $4,574 $240,100 $0 $240,100
2023 $4,574 $240,100 $0 $240,100
2022 $3,908 $152,600 $0 $152,600
Source: Public Records

Agents Affiliated with this Home

  • Kelly Holmes

    Seller's Agent in 2022

    Kelly Holmes

    Mott & Chace Sotheby's Intl Rt

    (914) 497-7603

    9 in this area

    72 Total Sales

    Kelly Holmes
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    John Blair

    Mott & Chace Sotheby's Intl Rt

    (857) 919-0923

    8 in this area

    42 Total Sales

    John Blair
    Section Image
  • Melissa DiPiazza

    Buyer's Agent in 2022

    Melissa DiPiazza

    RE/MAX

    (914) 610-6465

    5 in this area

    169 Total Sales

    Melissa DiPiazza
    Section Image
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Map

Source: SmartMLS

MLS Number: 170361099

SmartMLS

APN: STON M:4 B:18 L:3B U:33

Connecticut New London County Pawcatuck 06379

62 Prospect St Unit 1, Pawcatuck, CT

This home is located at 62 Prospect St Unit 1, Pawcatuck, CT 06379 since 18 December 2020 and is currently estimated at $459,705, approximately $330 per square foot. This property was built in 2021. 62 Prospect St Unit 1 is a home located in New London County with nearby schools including Stonington Middle School, Stonington High School, and North Stonington Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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