NOT LISTED FOR SALE

8 Pearl St Stonington, CT 06378

2 Beds
2 Baths
3,300 Sq Ft
4,356 Sq Ft Lot

Last Sold July 18, 2016

Last sale price $1,100,000 $333 Per Sq Ft

Highlights

  • Ocean Front
  • Walking Distance to Water
  • Baseboard Heating
  • Mystic Middle School Rated A-
  • Central Air
  • 2-minute walk to Stonington Dog Park

About This Home

As of November 2016

Spectacular loft living in pristine building with expansive views of Fishers Island Sound and Stonington Harbor. Enjoy sophisticated, open space living in historic Stonington Borough, home of the last commercial fishing fleet in Connecticut and a major yachting center. The apartment is perfect for summer or year round living and entertaining, with grand open spaces, 20 foot ceilings, and private en suite bedrooms. Must be seen to be appreciated. You will not find anything comparable to rent or buy in this area. Rented unfurnished.

Last Agent to Rent the Property

Diane Reynolds

Switz Real Estate Associates License #RES.0802437 Listed on: 08/04/2016

Last Renter's Agent

Diane Reynolds

Switz Real Estate Associates License #RES.0802437 Listed on: 08/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,378

Year Built

  • Built in 1887

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor

Parking

  • On-Street Parking

Interior Spaces

  • 3,300 Sq Ft Home
  • Water Views

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Dirt Floor

Outdoor Features

  • Walking Distance to Water

Schools

  • Deans Mill Elementary School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,378

Year Built

Built in 1887

Lot Details

0

Rental Info

  • Pets Allowed Info: negotiable
  • Landlord Requirements: Lease Required, Security Deposit
  • Pets Allowed: Yes
  • Rental Duration: One Year
  • Smoking Allowed: No
  • Tenant Responsibility: Cable TV, Electricity, Hot Water

Listing Details

  • Neighborhood: Stonington Borough
  • Property Type: Residential Rental
  • Potential Short Sale: No
  • Total Sq Ft: 3300
  • Year Built: 1887
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Directions: Go over viaduct to Stonington Borough continue down Water Street to Pearl Street take right building on right.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Dirt Floor, Full With Hatchway, Shared Basement, Unfinished
  • Appliances: Cook Top, Dishwasher, Disposal, Dryer, Electric Range, Gas Cooktop, Refrigerator, Range Hood, Wall Oven, Washer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 8

Exterior Features

  • Waterfront Description: Harbor, Ocean Frontage, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Deans Mill
  • High School: Per Board of Ed

Tax Info

  • Mil Rate Total: 22.310
  • Assessor Parcel Number: 2079579

MLS Schools

  • Elementary School: Deans Mill
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 18, 2016
Sold by
Riordan Arthur W and Riordan Margueriter R
Bought by
Ack Llc Of Ct
Seller's Agent
Lynn Young
Switz Real Estate Associates
Buyer's Agent
Lynn Young
Switz Real Estate Associates
List Price
$1,795,000
Sold Price
$1,100,000
Premium/Discount to List
-$695,000
-38.72%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Riordan Holdings Llc
Bought by
Riordan Arthur W and Riordan Marguerite R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.63%
Mortgage Type
Commercial
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
Ack Llc Of Ct $1,100,000 --
Ack Llc Of Ct $1,100,000 --
Riordan Arthur W -- --
Riordan Arthur W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riordan Marguerite R $550,000
Previous Owner Riordan Marguerite R $500,000
Previous Owner Riordan Marguerite R $1,200,000
Previous Owner Riordan Marguerite R $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Rented $2,500 -28.6% --
08/04/2016 08/04/16 For Rent $3,500 0.0% --
07/18/2016 07/18/16 Sold $1,100,000 -38.7% $108 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/23/2015 04/23/15 For Sale $1,795,000 -- $177 / 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 $17,378 $854,200 $243,500 $610,700
2024 $16,657 $854,200 $243,500 $610,700
2023 $16,785 $854,200 $243,500 $610,700
2022 $20,067 $752,700 $176,400 $576,300
2021 $20,210 $752,700 $176,400 $576,300
2020 $19,841 $752,700 $176,400 $576,300
2019 $19,841 $752,700 $176,400 $576,300
2018 $19,254 $752,700 $176,400 $576,300
2017 $20,856 $807,420 $189,000 $618,420
2016 $20,274 $807,420 $189,000 $618,420
2015 $19,394 $807,420 $189,000 $618,420
2014 $18,514 $807,420 $189,000 $618,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10157862

SmartMLS

APN: STON-000101-000009-000003