NOT LISTED FOR SALE

Estimated Value: $5,401,000 - $9,899,978

0.32 Acre
$23,311,434 Price per Acre
13,939 Sq Ft Lot

Last Sold August 09, 2016

Last sale price $3,430,000

Est. 117% increase in value since last sale

Current estimated payment $43,583/month

136 Days on Market

Highlights

  • Home fronts a sound
  • Julian Curtiss School Rated A
  • Stone Wall

About This Lot

As of August 2016

Panoramic views of Long island Sound
Direct waterfront on Smith Cove. Cantilevered patio over the inlet provides unparalleled views out into Long Island Sound. All plans and town permits in place, site work complete, ready to build up to 8,085 square foot house. Walk to town, train, restaurants and yacht clubs. A special opportunity that is rare to find.

Last Agent to Sell the Property

Scott Elwell

Douglas Elliman of Connecticut License #REB.0794415 Listed on: 06/29/2016

Co-Listed By

Beverley Toepke

Douglas Elliman of Connecticut License #RES.0762624

Last Buyer's Agent

Scott Elwell

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,968

Lot Details

  • 0.32 Acre Lot
  • Home fronts a sound
  • Stone Wall
  • Property is zoned R-6

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 02-1068/S

Property Details

Property Type

Land

Est. Annual Taxes

$16,968

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.32
  • Road Frontage Type: Town Road
  • Co List Office Mls Id: ELLI01
  • Co List Office Phone: 203-622-4900
  • Lot Description:Stone Wall: Yes
  • Dwelling Info:Dwelling: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Stone Wall
  • Waterfront Features: Waterfront, Long Island Sound
  • Waterfront: Yes
  • Waterfront Descrip:Waterfront: Yes
  • Waterfront Descrip:Long Island Sound: Yes

Utilities

  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source:Public: Yes
  • Sanitation Source:Town Sewer: Yes
  • Gas Source:Available2: Yes

Schools

  • Elementary School: Julian Curtiss
  • Middle Or Junior School: Central Middle

Lot Info

  • Zoning: R-6
  • Lot Size Sq Ft: 13939.2
  • Parcel #: 02-1068/S
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16968.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Aug 10, 2016
Sold by
Minor Stephen and Minor Reed
Bought by
Iorillo John and Iorillo Kim
Seller's Agent
Scott Elwell
Douglas Elliman of Connecticut
Buyer's Agent
Scott Elwell
William Raveis Real Estate
List Price
$4,250,000
Sold Price
$3,430,000
Premium/Discount to List
-$820,000
-19.29%
Current Estimated Value
$7,459,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,029,659
Avg. Annual Appreciation
8.70%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Iorillo John $3,430,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2016 08/09/16 Sold $3,430,000 -19.3% --
07/15/2016 07/15/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $4,250,000 +44.1% --
06/22/2012 06/22/12 Sold $2,950,000 -28.9% $1,069 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
04/18/2011 04/18/11 For Sale $4,150,000 -- $1,504 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $50,264 $4,067,000 $1,584,520 $2,482,480
2024 $48,544 $4,067,000 $1,584,520 $2,482,480
2023 $47,324 $4,067,000 $1,584,520 $2,482,480
2022 $46,893 $4,067,000 $1,584,520 $2,482,480
2021 $51,863 $4,307,520 $1,434,230 $2,873,290
2020 $51,776 $4,307,520 $1,434,230 $2,873,290
2019 $32,891 $2,709,280 $1,434,230 $1,275,050
2018 $17,024 $1,434,230 $1,434,230 $0
2017 $17,238 $1,434,230 $1,434,230 $0
2016 $16,966 $1,434,230 $1,434,230 $0
2015 $22,848 $1,915,970 $1,697,220 $218,750
2014 $22,273 $1,915,970 $1,697,220 $218,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greenwich Association of REALTORS®

MLS Number: 95749

Greenwich Association of REALTORS®

APN: GREE-000002-000000-001068-S000000