NOT LISTED FOR SALE

63 Latimer Point Rd Stonington, CT 06378

Estimated Value: $3,325,134 - $5,049,000

4 Beds
7 Baths
4,781 Sq Ft
$911/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $2,782,500 $582 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $27,592/month

390 Days on Market

Highlights

  • Beach Front
  • Barn
  • Heated In Ground Pool
  • Mystic Middle School Rated A-
  • Wine Cellar
  • Sauna

About This Home

As of July 2018

Set high above the water and secluded on nearly 5 acres of beautiful lawns and gardens, this exquisite 5 BR architect designed home offers spectacular panoramic water vistas and includes over 435 feet of shoreline for easy boating access to the nearby Rhode Island beaches.
Situated at the scenic easternmost part of Connecticut's coastline, Latimer Point offers wonderful seaside living on a private peninsula located less than two miles west of Stonington Borough - which is widely considered the most picturesque seaside village in Connecticut. Long renowned as a major sailing and boating center, and home to a deep water harbor that shelters Connecticut's last remaining commercial fishing fleet, the area offers great ocean beaches, numerous golf courses, horseback riding, tennis, and excellent salt and freshwater fishing.
Conveniently located halfway between New York and Boston, the area's many popular visitor attractions include the Mystic Seaport, Mystic Aquarium, and several notable summer theaters.

Last Agent to Sell the Property

Kathy Michalove

Seaboard Properties License #REB.0756305 Listed on: 04/21/2017

Last Buyer's Agent

Kathy Michalove

Seaboard Properties License #REB.0756305 Listed on: 04/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,826

Year Built

  • Built in 2004

Lot Details

  • 4.84 Acre Lot
  • Beach Front
  • Secluded Lot
  • Garden
  • Property is zoned RC-120

Home Design

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

Interior Spaces

  • 4,781 Sq Ft Home
  • Open Floorplan
  • Sound System
  • Ceiling Fan
  • 4 Fireplaces
  • Thermal Windows
  • French Doors
  • Wine Cellar
  • Workshop
  • Sauna
  • Home Gym
  • Concrete Flooring
  • Water Views
  • Home Security System

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Partially Finished Basement

  • Heated Basement
  • Basement Storage

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Heated In Ground Pool
  • Wetlands on Lot
  • Balcony
  • Enclosed patio or porch
  • Terrace
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Deans Mill Elementary School
  • Mystic Middle School
  • Stonington High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Radiant Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Power Generator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,826

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 4781
  • Public Record Living Room Sq Ft: 4781
  • Total Sq Ft: 4781
  • Year Built: 2004
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Playground/Tot Lot, Private School(s), Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 10897
  • Directions: Route 1 to Latimer Point Road - look for #63 on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Fireplaces: 4
  • Basement Description: Partially Finished, Heated, Cooled, Concrete Floor, Liveable Space, Storage
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Cable - Pre-wired, Open Floor Plan, Sauna, Security System
  • Appliances: Gas Cooktop, Cook Top, Gas Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Disposal, Dryer, Wine Chiller
  • Additional Rooms: Exercise Room, Wine Cellar, Workshop
  • Laundry Room Location: First Floor
  • Laundry Room Info: Main Level, Upper Level
  • Attic: No
  • Street Number Modifier: 63

Exterior Features

  • Exterior Features: Balcony, Barn, French Doors, Garden Area, Lighting, Patio, Porch-Enclosed, Terrace, Underground Utilities
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Ocean Frontage, Beach, View
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Barn
  • Garages Number: 3
  • Driveway Type: Circular, Paved, Asphalt, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hydro Air, Radiant
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Deans Mill
  • High School: Stonington
  • Intermediate School: Mystic

Green Features

  • Energy Features: Extra Insulation, Generator, Thermopane Windows

Lot Info

  • Acres: 4.8400
  • Lot Description: Some Wetlands, Secluded, Water View, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: RC-120

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 39826
  • Total Assessed Value: 1785100
  • Mil Rate Total: 22.980
  • Assessor Parcel Number: 2483065

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 9, 2018
Sold by
Martin Steven T and Martin Judith B
Bought by
Mixson Brenda J and Thornton Thomas W
Seller's Agent
Kathy Michalove
Seaboard Properties
Buyer's Agent
Kathy Michalove
Seaboard Properties
List Price
$2,950,000
Sold Price
$2,782,500
Premium/Discount to List
-$167,500
-5.68%
Current Estimated Value
$4,357,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,574,878
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,393,750
Outstanding Balance
$1,223,697
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,785,889
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Mixson Brenda J $2,787,500 --
Mixson Brenda J $2,787,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mixson Brenda J $1,393,750
Closed Mixson Brenda J $1,393,750
Previous Owner Martin Steven T $388,000
Previous Owner Martin Steven $1,000,000
Previous Owner Martin Steven $600,000
Previous Owner Martin Steven $400,000
Previous Owner Martin Steven $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $2,782,500 -5.7% $582 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $2,950,000 +6.0% $617 / Sq Ft
12/20/2017 12/20/17 Off Market $2,782,500 -- --
04/21/2017 04/21/17 For Sale $2,950,000 -- $617 / 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
2024 $42,318 $2,425,100 $822,700 $1,602,400
2023 $42,318 $2,425,100 $822,700 $1,602,400
2022 $43,608 $1,843,100 $930,400 $912,700
2021 $43,958 $1,843,100 $930,400 $912,700
2020 $43,055 $1,843,100 $930,400 $912,700
2019 $43,055 $1,843,100 $930,400 $912,700
2018 $41,802 $1,843,100 $930,400 $912,700
2017 $41,022 $1,785,100 $930,400 $854,700
2016 $39,826 $1,785,100 $930,400 $854,700
2015 $37,915 $1,778,400 $923,700 $854,700
2014 $36,333 $1,778,400 $923,700 $854,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10213887

SmartMLS

APN: STON-000154-000001-000003A