NOT LISTED FOR SALE

72 Palmer St Stonington, CT 06378

Estimated Value: $445,000 - $555,121

4 Beds
1.5 Baths
2,024 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $225,000 $111 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,407/month

49 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Mystic Middle School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of April 2016

Freddie Mac owned, Sold As-Is. Perfect property for buyer utilizing a 203k loan- will not qualify for other financing due to missing kitchen and possibly other cosmetic repairs. Boiler is brand new.

Last Agent to Sell the Property

Adriana Caro

Vylla Home (CT) LLC License #RES.0791758 Listed on: 12/22/2015

Last Buyer's Agent

Michael Algiere

Schilke Realty, LLC License #RES.0800477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Pboe Elementary School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,605

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2024
  • Year Built: 1960
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: West Broad to Mayflower to Palmer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Concrete Floor, Full With Hatchway
  • Additional Rooms: Breezeway
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 72

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: Stonington

Lot Info

  • Acres: 0.4100
  • Lot Description: Corner Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Total Assessed Value: 157300
  • Assessor Parcel Number: 2079598

MLS Schools

  • Elementary School: PBOE
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2015
Closed on
Apr 11, 2016
Sold by
Fhlmc
Bought by
Molkenthin Bryan
Seller's Agent
Adriana Caro
Vylla Home (CT) LLC
Buyer's Agent
Michael Algiere
Schilke Realty, LLC
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Total Days on Market
49
Current Estimated Value
$510,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,280
Avg. Annual Appreciation
9.51%
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2015
Sold by
Us Bank Na
Bought by
Fhlmc

Purchase Details

Closed on
Aug 12, 2015
Sold by
Weber Kristen M
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Nov 13, 2013
Sold by
Weber Steven J
Bought by
Weber Kristen M

Purchase Details

Closed on
Oct 15, 2007
Sold by
Bittenhouse James R
Bought by
Weber Steven J and Weber Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 13 Damato Dr, Stonington, CT 06378

    $450,000

    • 3 Beds
    • 1.5 Baths
    • 1,536 Sq Ft
    • 13 Damato Dr
    • Stonington, CT

    The property has a total of 1.76 acres. 1.17 acres is in North Stonington. .59 in Stonington which allows this property plenty of privacy! Enjoy a move in ready house that has been meticulously maintained and sits at the end of a cul de sac. There are many upgrades throughout the house including a newer renovated kitchen, new flooring throughout the entire house, a walk out basement and solar. A

    Bridget Morrissey Bridget Morrissey Realty LLC

    Section Image
  • 1 Palmer St, Stonington, CT 06378

    $409,000

    • 5 Beds
    • 2 Baths
    • 1,596 Sq Ft
    • 1 Palmer St
    • Stonington, CT

    GREAT OPPORTUNITY! Last used as a single-family home. Can be updated to a beautiful open concept floor plan or converted to its original 2-family layout providing a source of additional income. So much potential. You decide! Fenced yard, full basement. Located in the desirable Pawtucket area. Minutes to downtown.

    Christopher Stjernholm Trelora Realty, Inc.

    Section Image
  • 48 Trumbull Ave, Stonington, CT 06378

    $595,000

    • 3 Beds
    • 1.5 Baths
    • 1,448 Sq Ft
    • 48 Trumbull Ave
    • Stonington, CT

    Plant your flag in one of New England's most charming seaside towns. First time offered in decades, the "Parsonage" is on one of the largest lots on the street allowing for a 2 car garage, additional off-street parking and a private back yard. This 3BR/1.5 bath home has hardwood floors in the LR, Foyer, DR, all 3 Bedrooms and hallways. Between the full basement and walk-up attic, there is lots of

    Henri Gourd Berkshire Hathaway NE Prop.

    Section Image
  • 163 Elm St, Stonington, CT 06378

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,866 Sq Ft
    • 163 Elm St
    • Stonington, CT

    A 1940's Colonial featuring 3 bedrooms and 2 full baths, set on a spacious 0.72-acre extra-wide lot. This property is ready for your personal touch, offering an opportunity to make it your own! Classic architectural elements are evident throughout, beginning with a covered porch that opens to a welcoming foyer. From the foyer, you can enter directly into the kitchen or the living room. The living

    Greg Broadbent RE/MAX Coast and Country

    Section Image
  • 33 Main St, Stonington, CT 06378

    $449,000

    • 3 Beds
    • 2 Baths
    • 2,621 Sq Ft
    • 33 Main St
    • Stonington, CT

    Located in the Old Mystic section of the town of Stonington, this home sits along the Mystic River. Originally built in 1800 this historical style home has been carefully updated and maintained over the years allowing it to retain some old world charm and character. Along the bank of the river, the property has a stone stairway walking directly into the water allowing for the launching of kayaks,

    Thomas Switz Switz Real Estate Associates

    Section Image
  • 284 S Broad St, Pawcatuck, CT 06379

    $430,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 284 S Broad St
    • Pawcatuck, CT

    Charming waterview home located near Stonington and Mystic Villages, offering versatility as a year-round residence, weekend retreat, or excellent income generating seasonal and short term rental. Overlooking Wequetequock Pond with a picturesque stream and waterfall flowing into the cove-perfect for nature enthusiasts, boaters, and kayakers. Enjoy easy water access from the nearby marina and

    Carlos Reyes William Raveis Real Estate

    Section Image
  • 144 Pawcatuck Ave, Pawcatuck, CT 06379

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • 144 Pawcatuck Ave
    • Pawcatuck, CT

    Charming, sunny, and just minutes from the beach! Welcome to 144 Pawcatuck Ave - a sweet 3-bedroom, 2-bathroom home tucked away in the heart of Pawcatuck, CT, and only a short drive from downtown Westerly, RI. Built in 2010 and thoughtfully cared for, this home blends modern comfort with coastal charm. Step inside to find a bright and airy layout with room to relax, gather, and grow. The kitchen

    Isabella Malek Malek Real Estate

    Section Image
  • 30 Rossie St, Mystic, CT 06355

    $585,000

    • 3 Beds
    • 3 Baths
    • 1,344 Sq Ft
    • 30 Rossie St
    • Mystic, CT

    Welcome to 30 Rossie Street. It's a charming Cape Cod-style home nestled in the heart of Mystic, CT. Built in 1958, this delightful home offers a perfect blend of classic design and modern comfort, making it an ideal choice for those seeking a serene coastal lifestyle. Featuring 3 bedrooms, 3 full bathrooms and detached 2 car garage. The main floor's open floor plan seamlessly connects the dining

    Toula Balestracci eXp Realty

    Section Image
  • 5 Bruggeman Place, Mystic, CT 06355

    $595,000

    • 4 Beds
    • 2 Baths
    • 1,520 Sq Ft
    • 5 Bruggeman Place
    • Mystic, CT

    Experience the charm of downtown Mystic with leisurely evening strolls right outside your door in this delightful Victorian Colonial. This inviting home features 4 bedrooms and 2 full baths, offering 1,520 sf of comfortable living space on an extra wide lot. Proudly positioned across from the picturesque Seaport, the home features a white kitchen, a lovely bay window that fills the space with

    Greg Broadbent RE/MAX Coast and Country

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Molkenthin Bryan $225,000 --
Molkenthin Bryan $225,000 --
Fhlmc -- --
Fhlmc -- --
Us Bank Na Tr -- --
Weber Kristen M -- --
Weber Steven J $325,000 --
Molkenthin Bryan $225,000 --
Fhlmc -- --
Us Bank Na Tr -- --
Weber Kristen M -- --
Weber Steven J $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molkenthin Bryan $201,000
Closed Molkenthin Bryan $234,000
Closed Molkenthin Bryan $234,000
Closed Molkenthin Bryan $240,000
Previous Owner Weber Steven J $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $225,000 -13.4% $111 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $259,900 -- $128 / 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
2024 $6,605 $346,700 $66,800 $279,900
2023 $6,605 $346,700 $66,800 $279,900
2022 $5,212 $203,500 $55,200 $148,300
2021 $5,038 $196,400 $55,200 $141,200
2020 $4,941 $196,400 $55,200 $141,200
2019 $4,932 $196,400 $55,200 $141,200
2018 $4,476 $184,500 $55,200 $129,300
2017 $3,937 $159,900 $55,200 $104,700
2016 $3,767 $157,300 $55,200 $102,100
2015 $3,536 $157,300 $55,200 $102,100
2014 $3,459 $157,300 $55,200 $102,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: G10099974

SmartMLS

APN: STON-000014-000009-000015