NOT LISTED FOR SALE

88 Atlantic Ave Groton, CT 06340

Estimated Value: $2,045,000 - $2,293,000

4 Beds
3.5 Baths
3,086 Sq Ft
$714/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $1,950,000 $632 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,712/month

68 Days on Market

Highlights

  • Beach Front
  • Clubhouse
  • Contemporary Architecture
  • Open Floorplan
  • Deck
  • Attic

About This Home

As of June 2022

88 Atlantic Avenue~ Groton Long Point living at its' best sitting on a 0.16 AC lot! The entire interior was lovingly remodeled in 2016. Enjoy breath taking views of Bluff Point, Mumford Cove, and Venetian Harbor from most every room. This spectacular property features an open floor plan on the main level with space for all to spread out. The extra large Chef's kitchen boasts an oversized 5 stool granite bar, double oven, on demand hot water, beverage cooler and wet bar to name a few of the many amenities. On Summer evenings grill on the back multi-tiered deck for al fresco dining and stay to enjoy the spectacular Sunset over Bluff Point. The living room boasts a beautiful stone gas log fireplace topped with a drift wood mantle and custom built-in cabinets on either side. This large room also offers 3 separate seating areas, all with gorgeous views. You could also choose to spend time in the finished lower level den to watch a movie, play board games, or workout. The generously sized Primary Bedroom suite features a vaulted ceiling, stunning views from every window, a newly remodeled bathroom complete with a double sink and large walk in shower, as well as a walk in closet. 3 additional bedrooms, space for an office with a view, a full bath and laundry room round out the upper level. 88 Atlantic has the added benefit of a 2 car garage, enclosed outdoor shower, and ample storage space both inside and outside. Call today and make this home YOUR dream come true!

Last Agent to Sell the Property

Katie O'Leary

Gay Tyler Gallagher Real Estate License #REB.0794802 Listed on: 03/23/2022

Gay Tyler Gallagher Real Estate

Last Buyer's Agent

Katie O'Leary

Gay Tyler Gallagher Real Estate License #REB.0794802 Listed on: 03/23/2022

Gay Tyler Gallagher Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,645

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Beach Front
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Shake Siding

Interior Spaces

  • 3,086 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Basement Storage

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Parking

  • 2 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near golf course

Schools

  • Groton Middle School
  • Fitch Senior High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Programmable Thermostat
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Putting Green

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,645

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Neighborhood: Groton Long Point
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3086
  • Public Record Living Room Sq Ft: 3086
  • Total Sq Ft: 3086
  • Year Built: 1988
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Stables/Riding
  • Association Amenities: Basketball Court, Bocci Court, Club House, Guest Parking, Paddle Tennis, Playground/Tot Lot, Putting Green, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3086
  • Directions: Use GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Fully Finished, Interior Access, Garage Access, Walk-out, Storage
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Disposal, Instant Hot Water Tap, Washer, Dryer
  • Laundry Room Location: Separate laundry room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Lighting, Lock(s), Security System, Thermostat(s)

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Lighting, Underground Sprinkler
  • Exterior Siding: Shingle, Shake, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Beach, Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: Yes
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Acres: 0.1600
  • Lot Description: Water View
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 22645
  • Mil Rate Base: 25.980
  • Mil Rate Tax District: 4.130
  • Assessor Parcel Number: 1955611

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Groton Middle School
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jun 7, 2022
Sold by
Torreso Jeff and Torreso Ginny
Bought by
Oreilly Michael L and Oreilly Mary C
Seller's Agent
Katie O'Leary
Gay Tyler Gallagher Real Estate
Buyer's Agent
Katie O'Leary
Gay Tyler Gallagher Real Estate
List Price
$1,875,000
Sold Price
$1,950,000
Premium/Discount to List
$75,000
4%
Current Estimated Value
$2,203,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,180
Avg. Annual Appreciation
3.40%
Original Mortgage
$1,072,500
Outstanding Balance
$1,011,437
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,191,743

Purchase Details

Listed on
Jun 19, 2015
Closed on
Nov 3, 2015
Sold by
Carroll Yolanda M
Bought by
Torreso Jeff and Torreso Ginny
Seller's Agent
Yolanda Carroll
CENTURY 21 Shutters & Sails
Buyer's Agent
Carole King
KW Legacy Partners
List Price
$1,050,000
Sold Price
$1,025,000
Premium/Discount to List
-$25,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$768,750
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Oreilly Michael L $1,950,000 None Available
Torreso Jeff $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oreilly Michael L $1,072,500
Previous Owner Torreso Jeff $768,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $1,950,000 +4.0% $632 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,875,000 +82.9% $608 / Sq Ft
11/03/2015 11/03/15 Sold $1,025,000 -2.4% $336 / Sq Ft View Prior Sale
08/08/2015 08/08/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $1,050,000 -- $344 / Sq Ft
Source: SmartMLS

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 $26,993 $958,230 $570,297 $387,933
2024 $25,336 $958,230 $570,297 $387,933
2023 $24,425 $958,230 $404,040 $554,190
2022 $23,965 $958,230 $404,040 $554,190
2021 $22,645 $752,080 $390,250 $361,830
2020 $22,312 $752,080 $390,250 $361,830
2019 $21,394 $752,080 $390,250 $361,830
2018 $20,968 $752,080 $390,250 $361,830
2017 $20,554 $752,080 $390,250 $361,830
2016 $25,481 $1,030,610 $535,570 $495,040
2015 $24,569 $1,026,060 $535,570 $490,490
2014 $23,779 $1,026,060 $535,570 $490,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170475965

SmartMLS

APN: GROT-002607-000926-000689