$340,000
SOLD MAR 13, 2025

8 Race Rock Rd Waterford, CT 06385

0.22 Acre
$1,545,455 Price per Acre
9,583 Sq Ft Lot

Recently Sold

$337 Per Sq Ft

3% Below List Price

40 Days on Market

About This Lot

As of March 2025

Back on market for new year! Get ready to build your dream home in desirable Millstone Point. This community has a large private beach and its own marina with docks. This is the only lot in the community available with water view. The lot is flat, clear, connected to public utilities, surveyed, and NOT in a flood zone so you can have a basement too! Association dues are minimal and include marina and beach use and parking. Drive by today to get a look at the location, and start planning the move to your new beach home in Spring 2024! Please don't enter property without owner or agent, but do schedule a walk-on for serious inquiries.

Last Agent to Sell the Property

Katie Schubert

KW Legacy Partners License #RES.0804641 Listed on: 01/19/2025

KW Legacy Partners

Last Buyer's Agent

Jeanette Ziegler

Berkshire Hathaway NE Prop. License #RES.0820755

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,896

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned VR-75

HOA Fees

  • $20 Monthly HOA Fees

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include lake/beach access

Listing and Financial Details

  • Assessor Parcel Number 1586242

Property Details

Property Type

Land

Est. Annual Taxes

$3,896

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Neighborhood: Millstone
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: I-95 to CT-156 E to listing address
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Street Number Modifier: 8

Exterior Features

  • Waterfront Description: Walk to Water Beach Rights Association Required Water Community
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 75

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Phone Available, Cable Available, Underground Required
  • Sewer Assess Description: no assessment; fee for usage is metered

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 240
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association

Schools

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

Lot Info

  • Acres: 0.22
  • Lot Description: Level Lot Cleared Water View
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Lot Staked, Curb Cut(s), Finish Graded
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: VR-75
  • Parcel #: 1586242

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3896
  • Total Assessed Value: 174720
  • Mil Rate Total: 22.3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Mar 4, 2025
Sold by
Dishaw Michael and King Amanda J
Bought by
Malerba Marilynn and Malerba Paul
Seller's Agent
Katie Schubert
KW Legacy Partners
Buyer's Agent
Jeanette Ziegler
Berkshire Hathaway NE Prop.
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Views
39
Current Estimated Value
$347,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,934
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Jun 11, 2024
Sold by
Dishaw Michael
Bought by
Dishaw Michael and King Amanda J

Purchase Details

Closed on
Apr 9, 2018
Sold by
Picardi Gary and Kane Allison O
Bought by
Francolino Thomas J and Francolino Donna S

Purchase Details

Listed on
Jan 10, 2016
Closed on
Jun 7, 2017
Sold by
Troiano Frank J and Troiano Beatrice J
Bought by
Picardi Gary and Kane Allison O
Seller's Agent
Loretta King
Berkshire Hathaway NE Prop.
Buyer's Agent
Todd Crawford
Berkshire Hathaway NE Prop.
List Price
$325,000
Sold Price
$130,000
Premium/Discount to List
-$195,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$120,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1989
Sold by
Wilson Robt
Bought by
Troiano Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $340,000 None Available
Warranty Deed $340,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $158,000 --
Warranty Deed $158,000 --
Warranty Deed $130,000 --
Warranty Deed $130,000 --
Deed $133,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $340,000 -2.8% $337 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $349,900 +169.2% $347 / Sq Ft
06/07/2017 06/07/17 Sold $130,000 -60.0% $129 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
01/10/2016 01/10/16 For Sale $325,000 -- $322 / 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 $4,081 $174,720 $174,720 $0
2024 $3,896 $174,720 $174,720 $0
2023 $3,704 $174,720 $174,720 $0
2022 $2,433 $88,280 $88,280 $0
2021 $2,440 $88,280 $88,280 $0
2020 $2,460 $88,280 $88,280 $0
2019 $2,470 $88,280 $88,280 $0
2018 $2,421 $88,280 $88,280 $0
2017 $1,723 $63,760 $63,760 $0
2016 $1,707 $63,760 $63,760 $0
2015 $1,647 $63,760 $63,760 $0
2014 $2,854 $115,090 $63,760 $51,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24069609

SmartMLS

APN: WATE-000165-000000-006450