NOT LISTED FOR SALE

Estimated Value: $1,243,000 - $1,714,000

11 Acres
$126,038 Price per Acre
487,872 Sq Ft Lot

Last Sold April 07, 2017

Last sale price $75,000 $0 Per Sq Ft

Est. 1,782% increase in value since last sale

Current estimated payment $8,623/month

106 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Corner Lot
  • Mystic Middle School Rated A-
  • 11.2 Acre Lot
  • No HOA

About This Lot

As of April 2017

8 Latimer Point Rd is an approved building lot located directly across the street from the Dog Watch Barbecue restaurant. The road access to this lot has been approved and an engineered crossing will be required. A walking path has been established approximately 20 yards to the south of the brokerage sign. There are possible water views depending on clearing and elevation of the home to be built. The building lot is located at the high point in the clearing. Well and Septic approvals are both in place at this time. The other parcel is located to the North of Latimer Point Rd and is not a buildable lot. Each parcel is in excess of 5 acres located on Stonington Rd and Latimer Point Rd. Come and explore the opportunities that exist in close proximity to downtown Mystic and the New England Charm of Latimer Point. Ask your agent for a detailed Property Packet.

Last Agent to Sell the Property

Tim Bray

Seaport Real Estate Services License #REB.0792544 Listed on: 11/11/2016

Co-Listed By

Lucia Uchalova

William Raveis Real Estate License #REB.0791254

Last Buyer's Agent

Diane Contino

RE/MAX Realty Group License #REB.0750735

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,925

Lot Details

  • 11.2 Acre Lot
  • Home fronts a sound
  • Corner Lot

Interior Spaces

  • 496,584 Sq Ft Home
  • Water Views

Schools

  • Stonington High School

Utilities

  • Private Company Owned Well
  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$9,925

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 496584
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Flood Plain Restrictions, Lot Restriction(s), House Plan Approval, Inland-Wetland Restrictions
  • Directions: These lots are located on each side of the entrance to Latimer Point Rd and Rt 1.
  • Special Features: None

Interior Features

  • Street Number Modifier: 8

Exterior Features

  • Waterfront Description: L. I. Sound Frontage, View
  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 1000

Utilities

  • Water Source: Private Well, Well Required
  • Sewer: Septic Required
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 11.2000
  • Lot Description: Corner Lot, Fence - Stone
  • Development Status: Approved Lot, Raw Land, Site Plan Recorded
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Total Assessed Value: 211700
  • Assessor Parcel Number: 2072870

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Gardner Peter C
Bought by
Peter C Gardner T C and Peter Gardner
Current Estimated Value
$1,411,620
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
Peter C Gardner T C -- None Available
Peter C Gardner T C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $75,000 -24.2% $0 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $99,000 -- $0 / 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 $9,925 $533,600 $96,300 $437,300
2023 $9,872 $533,600 $96,300 $437,300
2022 $9,092 $365,000 $85,400 $279,600
2021 $9,162 $365,000 $85,400 $279,600
2020 $8,983 $365,000 $85,400 $279,600
2019 $8,983 $365,000 $85,400 $279,600
2018 $3,992 $167,500 $85,400 $82,100
2017 $4,604 $191,600 $191,600 $0
2016 $4,476 $191,600 $191,600 $0
2015 $4,267 $191,600 $191,600 $0
2014 $4,068 $191,600 $191,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10181426

SmartMLS

APN: STON-000153-000003-000001A