NOT LISTED FOR SALE

81 Palmer Neck Rd Stonington, CT 06379

Estimated Value: $184,826 - $233,000

0.92 Acre
$231,203 Price per Acre
40,075 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $160,000

Est. 33% increase in value since last sale

Current estimated payment $1,350/month

12 Days on Market

Highlights

  • 0.92 Acre Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Mystic Middle School Rated A-
  • Walking Distance to Water

About This Lot

As of June 2022

This 0.92-acre lot has been approved for a 5 bedroom 2 story home. This lot is in walking distance to the water. Build your dream home moments from Stonington Marina, close to Mystic and a short commute to Electric Boat and Pfizer. A survey has been done and completed for this lot.

Last Agent to Sell the Property

Cindy Terry

William Raveis Real Estate License #RES.0774432 Listed on: 04/13/2022

William Raveis Real Estate

Last Buyer's Agent

Jessica Hoinsky

Berkshire Hathaway NE Prop. License #RES.0778483

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,136

Lot Details

  • 0.92 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned RA-40

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,136

Lot Details

0

Listing Details

  • Neighborhood: Pawcatuck
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: I95 to Exit 91, Turn East on CT 234 (Pequot Trail) Turn right onto Farmhome Rd, turn right ont US-1 Stonington Rd then immediately turn left onto Palmer Neck Rd Lot on left hand side
  • Special Features: None

Interior Features

  • Street Number Modifier: 81

Exterior Features

  • Waterfront Description: Walk to Water
  • Road Frontage Approximate: 135

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric, Phone Available, Cable
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.9200
  • Lot Description: Rolling
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: RA-40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2136
  • Total Assessed Value: 86500
  • Mil Rate Base: 23.850
  • Mil Rate Tax District: 0.840
  • Mil Rate Total: 24.690
  • Assessor Parcel Number: 2583621

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
Apr 13, 2022
Closed on
Jun 7, 2022
Sold by
Mcquiston Karen
Bought by
Casey Hugh
Seller's Agent
Cindy Terry
William Raveis Real Estate
Buyer's Agent
Jessica Hoinsky
Berkshire Hathaway NE Prop.
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Total Days on Market
12
Current Estimated Value
$212,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,707
Avg. Annual Appreciation
11.42%

Purchase Details

Listed on
Jul 23, 2019
Closed on
Dec 11, 2019
Sold by
Syren Douglas and Syren Kimberly
Bought by
Mcquiston Karen
Seller's Agent
Greg Broadbent
RE/MAX Coast and Country
Buyer's Agent
Jacqueline Kapusta
Navick Properties LLC
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Source: Public Records

Similar Property in Stonington, CT

  • 0 Greenhaven Rd, Stonington, CT 06379

    $179,000

    • Land
    • 1.07 Acres
    • $167,290 per Acre
    • 0 Greenhaven Rd
    • Stonington, CT

    APPROVED BUILDING LOT! Perfect location to design the home of your dreams on this build-ready 1.07 acre lot located on a quiet country road. Conveniently located minutes from I-95, Rhode Island beaches, trains to Boston and New York, and airport and ferry facilities, all while living in the serene countryside. Adjacent approved 1.27 acre lot also for sale. See MLS # 24072464.

    Andy Schilke Schilke Realty, LLC

    Section Image

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
Casey Hugh $160,000 None Available
Casey Hugh $160,000 None Available
Mcquiston Karen $135,000 None Available
Mcquiston Karen $135,000 None Available
Mcquiston Karen $135,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $160,000 -5.9% --
04/13/2022 04/13/22 For Sale $170,000 +25.9% --
12/12/2019 12/12/19 Sold $135,000 -3.6% --
10/07/2019 10/07/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $140,000 -- --
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 $1,939 $105,800 $105,800 $0
2023 $1,921 $105,800 $105,800 $0
2022 $2,118 $86,500 $86,500 $0
2021 $2,136 $86,500 $86,500 $0
2020 $2,091 $86,500 $86,500 $0
2019 $2,105 $86,500 $86,500 $0
2018 $2,034 $86,500 $86,500 $0
2017 $2,157 $90,400 $90,400 $0
2016 $2,085 $90,400 $90,400 $0
2015 $1,995 $90,400 $90,400 $0
2014 $1,915 $90,400 $90,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170481962

SmartMLS

APN: STON-000051-000001-000003B