NOT LISTED FOR SALE

Estimated Value: $1,509,230

0.08 Acres
$18,865,375 Price per Acre
3,485 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $500,000 $279 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $9,719 / mo

567 Days on Market

Highlights

  • Beach Access
  • Home fronts a sound
  • Level Lot
  • Westbrook Middle School Rated A-
  • Property is near public transit and shops

About This Lot

As of March 2022

Owner has submitted plans for final P&Z approvals for an approximate 2,000 s.f. 3 brm house and awaits for hearing as put off due to Covid. Owner busy with other projects and currently NOT his main priority. If looking for a great location with direct water frontage and incredible views you'll would love the life of this beach community. Call for further documentation, questions, and / or comments.

Last Agent to Sell the Property

Michael Cassello

Cassello Real Estate, LLC License #REB.0108577 Listed on: 09/08/2020

Last Buyer's Agent

Deven Talarczyk

Compass Connecticut, LLC License #RES.0818348

Compass Connecticut, LLC
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,327

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a sound
  • Level Lot
  • Property is zoned HDR

Location

  • Flood Zone Lot
  • Property is near public transit and shops

Schools

  • Westbrook High School

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,327

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Neighborhood: Chapman Beach
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Commuter Bus, Health Club, Medical Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Boston Post Road, aka: Route 1 to Chapman Beach Road to Marvin Avenue to Hogan Road.
  • Special Features: None

Exterior Features

  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Association Required, Beach Rights
  • Road Frontage Description: Right of Way

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Lot Info

  • Acres: 0.0800
  • Lot Description: In Flood Zone, Level Lot
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: HDR

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9327
  • Mil Rate Base: 25.000
  • Assessor Parcel Number: 1041103

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Westbrook

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Mar 30, 2022
Sold by
Bought by
Seller's Agent
Michael Cassello
Cassello Real Estate, LLC
Buyer's Agent
Deven Talarczyk
Compass Connecticut, LLC
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Current Estimated Value
$1,509,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,230
Avg. Annual Appreciation
28.99%

Purchase Details

Closed on
Sep 9, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Available
$280,000 --
$10,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $500,000 -16.0% $279 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
11/28/2020 11/28/20 Price Changed $595,000 -4.8% $332 / Sq Ft
09/08/2020 09/08/20 For Sale $625,000 -- $349 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,901 $751,160 $523,300 $227,860
2024 $16,300 $751,160 $523,300 $227,860
2023 $9,151 $429,200 $418,700 $10,500
2022 $8,910 $429,200 $418,700 $10,500
2021 $9,327 $373,074 $303,884 $69,190
2020 $9,327 $373,074 $303,884 $69,190
2019 $9,204 $373,074 $303,884 $69,190
2018 $9,092 $373,074 $303,884 $69,190
2017 $7,406 $303,884 $303,884 $0
2016 $10,466 $452,270 $452,270 $0
2015 $11,952 $530,960 $452,270 $78,690
2014 $11,570 $530,960 $452,270 $78,690
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170334916

SmartMLS

APN: WBRO-000180-000000-000059

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