NOT LISTED FOR SALE

62 Prospect St Unit 2 Pawcatuck, CT 06379

Estimated Value: $371,000

2 Beds
2 Baths
1,147 Sq Ft
$250/mo HOA Fee

Last Sold January 27, 2022

Last sale price $310,000 $270 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,616/month

298 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Walking Distance to Water
  • Mystic Middle School Rated A-
  • Property is near public transit
  • 1 Car Detached Garage

About This Home

As of January 2022

**DECEMBER 2021 PROJECTION DATE IS PROJECTED.** 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 and a half 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. 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

Christopher Bove

Hale Real Estate, LLC License #RES.0805239

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 2021

Lot Details

  • 4.94

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Home to be built
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • Open Floorplan

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper 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

$3,805

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: 1147
  • Total Sq Ft: 1147
  • 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: No
  • 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
  • Laundry Room Info: Upper 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

Range of Values:

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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
01/27/2022 01/27/22 Sold $310,000 -3.1% $270 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $319,900 +6.7% $279 / Sq Ft
12/18/2020 12/18/20 For Sale $299,900 -- $261 / 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 $3,805 $191,400 $0 $191,400
2024 $3,646 $191,400 $0 $191,400
2023 $3,647 $191,400 $0 $191,400
2022 $3,053 $119,200 $0 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170361672

SmartMLS

APN: STON M:4 B:18 L:3B U:34