NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,555,371

4 Beds
4 Baths
3,157 Sq Ft
$457/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $900,000 $285 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,219/month

47 Days on Market

Highlights

  • Guest House
  • Waterfront
  • Cape Cod Architecture
  • Mystic Middle School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of June 2018

This Waterfront luxury home boasts panoramic views of Quiambaug Cove from almost every vantage point. The open floor plan features a spacious open kitchen showcasing gleaming granite counter tops and extended island with individual bar sink, Viking propane gas stove, double porcelain sink and stainless GE refrigerator. The country dining room with fireplace and adjoining entertainment room all have open views of the Cove. Enjoy your morning coffee with abundant morning light surrounded by the peace and tranquility of Stonington living. The first floor offers a bedroom and full bath perfect for overnight guests or transitional living. The second floor's spacious master bedroom overlooks Quambaug Cove with access to an outdoor deck area ideal for waterfront views of the morning sunrise. Take advantage of Mystic Country living within close proximity to regional amenities including Downtown Mystic, Stonington Borough, and Westerly RI. This home is conveniently located between Boston and New York and easily accessed via rail or Interstate 95. This Cove Road home offers several shopping options as well as fine dining and recreation at the finest beach fronts along the East Coast. This home is a perfect spot for year round living as well as the ultimate summer retreat. The property has a summer cottage on the waterfront and the ultimate dwelling for additional guests or air B&B opportunities. Enjoy the waterfront with your own personal kayaks or water pleasure craft.

Last Agent to Sell the Property

William Turner

Berkshire Hathaway NE Prop. License #RES.0799826 Listed on: 11/26/2017

Berkshire Hathaway NE Prop.

Last Buyer's Agent

William Turner

Berkshire Hathaway NE Prop. License #RES.0799826 Listed on: 11/26/2017

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,675

Year Built

  • Built in 1921

Lot Details

  • 0.73 Acre Lot
  • Waterfront
  • Stone Wall
  • Level Lot
  • Garden
  • Property is zoned RA-40

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 3,157 Sq Ft Home
  • Open Floorplan
  • 2 Fireplaces
  • Thermal Windows
  • Sitting Room
  • Concrete Flooring
  • Water Views
  • Storage In Attic
  • Home Security System

Kitchen

  • Gas Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,675

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod, Contemporary
  • Sq Ft Est Heated Above Grade: 3157
  • Total Sq Ft: 3157
  • Year Built: 1921
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Paddle Tennis, Private School(s)
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I95 to Exit 90. Head south on Route 27 toward downtown Mystic. Follow to end at Route 1 and turn left onto Route 1. Head east for approximately 2 miles and turn left onto Cove Road. #70 Cove Road on right. See signage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Interior Access, Walk-out
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room, Sitting Room
  • Laundry Room Location: 1st Floor Laundry Room
  • Attic: No
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Deck, Garden Area, Guest House, Gutters, Porch, Stone Wall
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Circular, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.7300
  • Lot Description: Dry, Water View, Level Lot, Fence - Partial, Fence - Stone
  • Flood Zone: Yes
  • Zoning: RA-40

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 12675
  • Total Assessed Value: 542600
  • Mil Rate Base: 22.310
  • Mil Rate Tax District: 1.050
  • Mil Rate Total: 23.360
  • Assessor Parcel Number: 2076931

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jun 14, 2018
Sold by
Mccabe Edward O and Mccabe Julianne M
Bought by
Lyons Douglas J
Seller's Agent
William Turner
Berkshire Hathaway NE Prop.
Buyer's Agent
William Turner
Berkshire Hathaway NE Prop.
List Price
$885,000
Sold Price
$900,000
Premium/Discount to List
$15,000
1.69%
Current Estimated Value
$1,441,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,343
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Knowles Nancy D
Bought by
Mccabe Edward O and Mccabe Jubanne M
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
Lyons Douglas J $900,000 --
Lyons Douglas J $900,000 --
Mccabe Edward O $380,000 --
Mccabe Edward O $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccabe Edward O $249,578
Previous Owner Mccabe Edward O $250,000
Previous Owner Mccabe Edward O $704,500
Previous Owner Mccabe Edward O $580,000
Previous Owner Mccabe Edward O $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $900,000 +1.7% $285 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
11/26/2017 11/26/17 For Sale $885,000 -- $280 / 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 $15,109 $779,600 $359,400 $420,200
2024 $14,501 $779,600 $359,400 $420,200
2023 $14,423 $779,600 $359,400 $420,200
2022 $14,542 $584,400 $289,500 $294,900
2021 $14,377 $572,800 $289,500 $283,300
2020 $14,062 $571,400 $289,500 $281,900
2019 $13,927 $565,900 $289,500 $276,400
2018 $13,402 $562,400 $289,500 $272,900
2017 $13,039 $542,600 $310,200 $232,400
2016 $12,675 $542,600 $310,200 $232,400
2015 $12,084 $542,600 $310,200 $232,400
2014 $11,519 $542,600 $310,200 $232,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170032898

SmartMLS

APN: STON-000131-000002-000015