NOT LISTED FOR SALE

Estimated Value: $554,000 - $659,000

5 Beds
3.5 Baths
2,397 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $500,000 $209 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,034/month

212 Days on Market

Highlights

  • Public Water Access
  • Open Floorplan
  • 1 Fireplace
  • River Front
  • Contemporary Architecture
  • No HOA

About This Home

As of April 2023

Mid Century Modern waterfront gem in the heart of southeastern Connecticut's nautical community in Gales Ferry. Enjoy breathtaking water-views from every vantage point of this home. Home includes 5 bedroom all on the upper level with an apartment on the lower level ideal for transitional living or revenue opportunity with a private entrance. The main level is an open floor plan with over sized windows to maximize the water views. Living and dining areas blend nicely together with built in cabinetry and floor to ceiling brick chimney for those cozy fall and winter evenings. Upgraded kitchen with GE cook-top, double sink overlooking Thames River, tile flooring, wall oven with microwave and 2 convenient refrigerators. Kitchen extends to eat in kitchen area and den that extends to outdoor porch area that is heated and cooled. Flood insurance. Follow the grand staircase to upper level primary bedroom and 4 additional bedrooms with water views and sliding doors and walkway to the upper level water viewpoints. This home's contemporary design is a treasure and difficult to find in eastern connect. Enjoy nautical adventures as you embark on you nautical adventure from you own dock. The attached 2 car garage measures 23X 23 with automatic door opener leading to home office/library. Home is heated with propane and cooled with wall mini-splits. Home complete with Generac generator, 200 Amp electrical and Navien Heating System. Convenient access to I95 and I395.

Last Agent to Sell the Property

William Turner

Berkshire Hathaway NE Prop. License #RES.0799826 Listed on: 09/03/2022

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Robin Smith

RE/MAX Bell Park Realty License #RES.0386632

RE/MAX Bell Park Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,892

Year Built

  • Built in 1968

Lot Details

  • 0.49 Acre Lot
  • River Front
  • Level Lot
  • Open Lot
  • Garden
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,397 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • French Doors
  • Entrance Foyer
  • Heated Enclosed Porch
  • Water Views
  • Smart Thermostat

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

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

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Public Water Access
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Gales Ferry Elementary School
  • Ledyard Middle School
  • Ledyard High School

Utilities

  • Mini Split Air Conditioners
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Power Generator
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,892

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Neighborhood: Gales Ferry
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2397
  • Public Record Living Room Sq Ft: 2397
  • Total Sq Ft: 2397
  • Year Built: 1968
  • Nearby Amenities: Health Club, Library, Medical Facilities, Playground/Tot Lot
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4870
  • Directions: Route 12 / CT 12 to Long Cove Road in Gales Ferry past the Submarine Base. Turn L onto Long Cove Road. Turn R onto Military Highway. Turn L onto Mull Berry Drive. See signage for #7 on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Full With Walk-Out, Heated, Apartment
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Opposite kitchen area
  • Laundry Room Info: Main Level
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: French Doors, Garden Area, Gutters, Porch, Porch-Enclosed, Porch-Heated, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring, Water Community
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ductless, Split System
  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Gales Ferry
  • Middle School: Ledyard
  • High School: Ledyard
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.4900
  • Lot Description: Open Lot, Water View, Level Lot, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8892
  • Total Assessed Value: 262921
  • Mil Rate Base: 33.820
  • Mil Rate Total: 33.820
  • Assessor Parcel Number: 1513700

MLS Schools

  • Elementary School: Gales Ferry
  • Middle Jr High School: Ledyard
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Apr 3, 2023
Sold by
Kennedy Evelyn S
Bought by
Hanrahan Timothy E and Hanrahan Lauren E
Seller's Agent
William Turner
Berkshire Hathaway NE Prop.
Buyer's Agent
Robin Smith
RE/MAX Bell Park Realty
List Price
$585,000
Sold Price
$500,000
Premium/Discount to List
-$85,000
-14.53%
Views
355
Current Estimated Value
$584,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,661
Avg. Annual Appreciation
6.00%
Original Mortgage
$432,437
Outstanding Balance
$421,104
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$152,257

Purchase Details

Closed on
Feb 13, 1986
Bought by
Siefert-Kennedy Evelyn
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
Hanrahan Timothy E $500,000 None Available
Hanrahan Timothy E $500,000 None Available
Siefert-Kennedy Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanrahan Timothy E $432,437
Closed Hanrahan Timothy E $432,437
Previous Owner Siefert-Kennedy Evelyn $100,000
Previous Owner Siefert-Kennedy Evelyn $50,000
Previous Owner Siefert-Kennedy Evelyn $93,000
Previous Owner Siefert-Kennedy Evelyn $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $500,000 -8.3% $209 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
11/16/2022 11/16/22 Price Changed $545,000 -6.8% $227 / Sq Ft
09/03/2022 09/03/22 For Sale $585,000 0.0% $244 / Sq Ft
06/16/2014 06/16/14 Rented $400 -50.0% --
05/31/2014 05/31/14 Under Contract -- -- --
05/20/2014 05/20/14 For Rent $800 -- --
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 $9,999 $269,221 $92,681 $176,540
2024 $9,257 $262,921 $92,681 $170,240
2023 $9,087 $262,921 $92,681 $170,240
2022 $8,892 $262,921 $92,681 $170,240
2021 $8,834 $262,921 $92,681 $170,240
2020 $7,287 $208,390 $87,430 $120,960
2019 $7,306 $208,390 $87,430 $120,960
2018 $7,146 $208,390 $87,430 $120,960
2017 $6,781 $208,390 $87,430 $120,960
2016 $6,585 $206,430 $87,430 $119,000
2015 $6,275 $206,430 $87,430 $119,000
2014 $6,476 $216,580 $87,430 $129,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170520915

SmartMLS

APN: LEDY-000106-001650-000007