NOT LISTED FOR SALE

7 Money Point Rd Mystic, CT 06355

Estimated Value: $885,000 - $1,204,000

4 Beds
3 Baths
2,130 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $589,000 $277 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,487/month

29 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • Partially Wooded Lot
  • Mystic Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of January 2021

This well maintained 60's Cape within the private association of Mason's Island has it all....hardwood floors throughout, a generous living room with FP, a kitchen with views of rock outcroppings on its corner lot, a first floor master bedroom with bath, a formal dining room or home office....and THREE additional bedrooms and a bath on the second floor. Two full baths on the first floor make it possible to have the DR/office space serve as "spillover" guest space. Enjoy the countless benefits of living in this special island community close to shopping, restaurants and all that Southeastern Ct. offers. Dock rights and the use of several small beaches (within walking distance) accompany this special property out of the flood zone!

Last Agent to Sell the Property

Ann Burgess

Berkshire Hathaway NE Prop. License #RES.0088067 Listed on: 10/01/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Susan Turner Ehrlich

Mott & Chace Sotheby's Intl Rt License #RES.0789099

Mott & Chace Sotheby's Intl Rt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,084

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned RA-20

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Concrete Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Stonington High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,084

Year Built

Built in 1960

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2130
  • Public Record Living Room Sq Ft: 2130
  • Total Sq Ft: 2130
  • Year Built: 1960
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Private Rec Facilities, Private School(s), Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4013
  • Directions: Chippechaug Trail to Money Point Road to #7 at corner of Money Point Road and Skiff Lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Partial, Concrete Floor, Interior Access, Sump Pump
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: First floor laundry/mud room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Association Optional, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 50
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Stonington

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.4100
  • Lot Description: Corner Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RA-20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8084
  • Total Assessed Value: 321300
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 1.800
  • Mil Rate Total: 25.160
  • Assessor Parcel Number: 2081588

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 19, 2020
Sold by
Delia Marian W and Delia Trevor Lesley
Bought by
Dispaltro Joseph J
Seller's Agent
Ann Burgess
Berkshire Hathaway NE Prop.
Buyer's Agent
Susan Turner Ehrlich
Mott & Chace Sotheby's Intl Rt
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$1,030,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,113
Avg. Annual Appreciation
10.91%
Original Mortgage
$449,600
Outstanding Balance
$403,103
Interest Rate
2.71%
Mortgage Type
Balloon
Estimated Equity
$546,178

Purchase Details

Closed on
Aug 31, 1999
Sold by
Wood Timothy J and Wood Candace B
Bought by
Delia Frank G and Delia Marian W
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Dispaltro Joseph J -- None Available
Dispaltro Joseph J -- None Available
Delia Frank G $405,000 --
Delia Frank G $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dispaltro Joseph J $449,600
Previous Owner Dispaltro Joseph J $449,600
Previous Owner Wood Timothy J $34,000
Previous Owner Wood Timothy J $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $589,000 0.0% $277 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $589,000 -- $277 / 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 $10,440 $483,800 $231,800 $252,000
2024 $10,087 $483,800 $231,800 $252,000
2023 $9,041 $474,600 $231,800 $242,800
2022 $8,386 $321,800 $164,200 $157,600
2021 $8,326 $321,300 $164,200 $157,100
2020 $8,084 $321,300 $164,200 $157,100
2019 $8,052 $321,300 $164,200 $157,100
2018 $7,811 $321,300 $164,200 $157,100
2017 $8,200 $333,200 $183,100 $150,100
2016 $7,977 $333,200 $183,100 $150,100
2015 $7,647 $333,200 $183,100 $150,100
2014 $7,350 $333,200 $183,100 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170342845

SmartMLS

APN: STON-000177-000003-000005