NOT LISTED FOR SALE

7 Cove Side Ln Stonington, CT 06378

Estimated Value: $480,778 - $561,000

2 Beds
2 Baths
2,000 Sq Ft
$400/mo HOA Fee

Last Sold November 20, 2018

Last sale price $250,708 $125 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,579/month

289 Days on Market

Highlights

  • End Unit
  • 1 Car Detached Garage
  • Level Lot
  • Stonington Middle School Rated A-
  • Baseboard Heating

About This Home

As of November 2018

Beautiful 2 bedroom, 2.5 bath condominium is desirable Stonington Landing. Finished basement adds an additional 500 sq. ft. of living space, great as an office or playroom. The 2 bedrooms upstairs have a large Jack and Jill bathroom setup. This unit end condominium offers beautiful sunlight from the SW exposure that floods into the sunroom and living room. 1 car garage. Lovely landscape courtyard/garden with privacy fence in the back of the condo. Easy walk into the Borough so you can visit all the great shops and restaurants!

Last Agent to Sell the Property

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 12/11/2017

Last Buyer's Agent

Thomas Switz

Switz Real Estate Associates License #REB.0757584 Listed on: 12/11/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1983

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • End Unit
  • Flood Zone Lot

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, road maintenance
  • 54 Units
  • Stonington Landing Community
  • Property managed by DeNoia Real Estate

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,497

Year Built

Built in 1983

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1500
  • Public Record Living Room Sq Ft: 1584
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 2000
  • Year Built: 1983
  • Nearby Amenities: Paddle Tennis, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2717
  • Directions: Rt 1 to Stonington Landing next to Stonington Pizza
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Road Maintenance
  • Complex Name: Stonington Landing
  • Levels In Unit: 2
  • HOA Fees: 400
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Manager Name: Linda DeNoia
  • Property Mgt Company Name: DeNoia Real Estate
  • Property Mgt Phone: 8606254708

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: Yes
  • Zoning: GC-60

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5497
  • Total Assessed Value: 235600
  • Mil Rate Base: 22.980
  • Mil Rate Tax District: 0.700
  • Mil Rate Total: 23.330
  • Assessor Parcel Number: 2072670

Multi Family

  • Total Num Of Units: 54

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Stonington
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Nov 20, 2018
Sold by
Mccue Joan M
Bought by
Krolli Leigh S
Seller's Agent
Thomas Switz
Switz Real Estate Associates
Buyer's Agent
Thomas Switz
Switz Real Estate Associates
List Price
$325,000
Sold Price
$250,708
Premium/Discount to List
-$74,292
-22.86%
Current Estimated Value
$525,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,737
Avg. Annual Appreciation
11.35%
Original Mortgage
$225,000
Outstanding Balance
$197,438
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,007

Purchase Details

Closed on
Mar 14, 1991
Sold by
Vaughn Kathryn
Bought by
Barres Jonathan and Barres Herster
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
Krolli Leigh S $250,000 --
Krolli Leigh S $250,000 --
Barres Jonathan $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krolli Leigh S $225,000
Closed Krolli Leigh S $225,000
Previous Owner Barres Jonathan $218,000
Previous Owner Barres Jonathan $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $250,708 -5.4% $125 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $265,000 -1.9% $133 / Sq Ft
08/20/2018 08/20/18 Price Changed $270,000 -3.5% $135 / Sq Ft
07/30/2018 07/30/18 Price Changed $279,900 -3.4% $140 / Sq Ft
06/09/2018 06/09/18 Price Changed $289,900 -3.0% $145 / Sq Ft
05/14/2018 05/14/18 Price Changed $299,000 -3.5% $150 / Sq Ft
04/16/2018 04/16/18 Price Changed $310,000 -4.6% $155 / Sq Ft
12/11/2017 12/11/17 For Sale $325,000 -- $163 / 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 $4,580 $245,200 $0 $245,200
2024 $4,407 $245,200 $0 $245,200
2023 $4,401 $245,200 $0 $245,200
2022 $5,898 $243,600 $0 $243,600
2021 $5,956 $243,600 $0 $243,600
2020 $5,849 $243,600 $0 $243,600
2019 $5,657 $235,600 $0 $235,600
2018 $5,497 $235,600 $0 $235,600
2017 $4,419 $186,600 $0 $186,600
2016 $4,294 $186,600 $0 $186,600
2015 $4,109 $186,600 $0 $186,600
2014 $3,943 $186,600 $0 $186,600
Source: Public Records

Agents Affiliated with this Home

  • Thomas Switz

    Seller's Agent in 2018

    Thomas Switz

    Switz Real Estate Associates

    (860) 572-9501

    128 in this area

    277 Total Sales

    Thomas Switz
    Section Image
  • Betsy Denno

    Buyer Co-Listing Agent in 2018

    Betsy Denno

    Switz Real Estate Associates

    (860) 857-2600

    10 Total Sales

    Betsy Denno
    Section Image
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Map

Source: SmartMLS

MLS Number: 170035652

SmartMLS

APN: STON-000099-000004-000023B-000007

Connecticut New London County Stonington 06378

7 Cove Side Ln, Stonington, CT

This home is located at 7 Cove Side Ln, Stonington, CT 06378 since 11 December 2017 and is currently estimated at $525,445, approximately $262 per square foot. This property was built in 1983. 7 Cove Side Ln is a home located in New London County with nearby schools including Stonington Middle School, Stonington High School, and Pine Point School.

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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