NOT LISTED FOR SALE

8 Money Point Rd Stonington, CT 06378

Estimated Value: $1,204,000 - $1,253,000

5 Beds
2.5 Baths
2,948 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $635,000 $215 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,446/month

139 Days on Market

Highlights

  • Gated Community
  • Colonial Architecture
  • Attic
  • Stonington Middle School Rated A-
  • Wood Burning Stove
  • 1 Fireplace

About This Home

As of September 2018

Situated within the private association of Mason's Island, this charming and spacious 5 bedroom Colonial is a must-see. The main floor features a generous foyer, living room with fireplace and built-ins, large eat-in kitchen with wood stove, and cozy den for relaxing. Rounding out the main floor is a screened-in porch for warmer months, half-bath, and access to the 2-car garage. The upper floor boasts a large master bedroom, with full en suite bath and walk-in closet. The four other bedrooms are also spacious, with original and well-maintained hardwood floors. There is also a second full bath, dedicated laundry room, and an extra room that could easily function as an office/study, craft/project room, or even nursery. Pull-down access to the attic provides ample storage. This sturdy, well-cared-for home has a floor plan for comfortable living. No flood insurance required; property is not in a flood zone. Located just minutes from downtown Mystic's restaurants, shops, art museum, Aquarium, Seaport, Amtrak, marinas, and more. Buyers should take note that property owners who are part of the Mason's Island Property Owners Association may be proposed for membership into the Mason's Island Yacht Club; however, membership is not guaranteed. (The Yacht Club and the Mason's Island Company operate independently of one another.) The Yacht Club offers amenities and instruction for sailing and small boat racing, tennis, bocce, swimming, as well as social programs and regattas.

Last Agent to Sell the Property

Katie Korpi

Berkshire Hathaway NE Prop. License #RES.0801021 Listed on: 04/13/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Ann Burgess

Berkshire Hathaway NE Prop. License #RES.0088067

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,892

Year Built

  • Built in 1962

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Property is zoned RA-20

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,948 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Screened Porch

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Intercom
  • Smart Thermostat
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Schools

  • Deans Mill Elementary School
  • Stonington Middle School
  • Stonington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Programmable Thermostat
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Exclusions: See Inclusions/Exclusions List

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,892

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Neighborhood: Masons Island
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2948
  • Public Record Living Room Sq Ft: 2948
  • Total Sq Ft: 2948
  • Year Built: 1962
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Private Rec Facilities, Private School(s)
  • Exclusions: See Inclusions/Exclusions List
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3808
  • Directions: From downtown Mystic head east on Rte 1. Turn right onto Williams Ave/Mason's Island Rd. Cross over causeway and bear left. Proceed through gates and proceed approximately 1/4 mi., take right onto Money Point Rd. #8 is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Intercom
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Icemaker, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Gutters, Porch-Screened
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Programmable Thermostat, Ridge Vents, Storm Windows

Lot Info

  • Acres: 0.4700
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RA-20
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8892
  • Mil Rate Base: 22.980
  • Mil Rate Tax District: 1.630
  • Assessor Parcel Number: 2081408

MLS Schools

  • Elementary School: Deans Mill
  • Middle Jr High School: Stonington
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Moriarty Sarah D
Bought by
Moriarty Sarah D
Current Estimated Value
$1,227,305

Purchase Details

Listed on
Apr 13, 2018
Closed on
Sep 19, 2018
Sold by
Wheeler Norton C
Bought by
Fazio Cynthia L and Fazio Jeffrey P
Seller's Agent
Katie Korpi
Berkshire Hathaway NE Prop.
Buyer's Agent
Ann Burgess
Berkshire Hathaway NE Prop.
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$508,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moriarty Sarah D -- None Available
Fazio Cynthia L -- --
Fazio Cynthia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fazio Cynthia L $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2018 09/19/18 Sold $635,000 -3.6% $215 / Sq Ft
08/07/2018 08/07/18 For Sale $659,000 +3.8% $224 / Sq Ft
07/24/2018 07/24/18 Off Market $635,000 -- --
07/13/2018 07/13/18 Price Changed $659,000 -3.1% $224 / Sq Ft
04/13/2018 04/13/18 For Sale $680,000 -- $231 / 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 $11,798 $546,700 $236,600 $310,100
2024 $11,399 $546,700 $236,600 $310,100
2023 $10,415 $546,700 $236,600 $310,100
2022 $9,415 $361,300 $170,500 $190,800
2021 $9,363 $361,300 $170,500 $190,800
2020 $9,090 $361,300 $170,500 $190,800
2019 $9,054 $361,300 $170,500 $190,800
2018 $8,783 $361,300 $170,500 $190,800
2017 $8,842 $359,300 $190,100 $169,200
2016 $8,602 $359,300 $190,100 $169,200
2015 $8,246 $359,300 $190,100 $169,200
2014 $7,926 $359,300 $190,100 $169,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170067569

SmartMLS

APN: STON-000177-000005-000001