NOT LISTED FOR SALE

91 Water St Stonington, CT 06378

Estimated Value: $1,825,000 - $2,032,000

7 Beds
8 Baths
4,639 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $1,000,000 $216 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $11,676/month

68 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • Stonington Middle School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of October 2020

Stately Three Family Home in the heart of Stonington Borough. Stroll to Unique Shops, Fine Restaurants, Yacht Club and Deep Water Marinas. Tri-Level Owners Unit with Water views of Watch Hill and Stonington Harbor offers 5 Bedrooms with 3 Full and 3 Half Baths. Also included in this lovely home are two very desirable 1 Bedroom/1 Bath Apartments with historic details. Well kept and updated, this home was significantly renovated in 2015. Enjoy hours of entertaining on your spacious Vermont green slate flagstone patio. Level corner lot includes rare two car garage and an additional parking space. Each unit has separate electric and separate oil heating system. 7 Bedrooms, 5 Full Bathrooms and 3 Half Baths in total. Room for everyone!
Ideal owner occupied property or investment opportunity.

Last Agent to Sell the Property

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 08/13/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Judi Caracausa

William Pitt Sotheby's Int'l License #REB.0788601 Listed on: 08/13/2020

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,384

Year Built

  • Built in 1894

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 4,639 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Flood Zone Lot
  • Property is near shops

Schools

  • Stonington High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,384

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Neighborhood: Stonington Borough
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4639
  • Public Record Living Room Sq Ft: 4639
  • Total Sq Ft: 4639
  • Year Built: 1894
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6463
  • Tax Year Updated Dt: 08/17/2020
  • Directions: On the corner of Water St. and Harmony St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 8.00
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 91

Exterior Features

  • Exterior Features: Deck, Patio, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: City Views, Corner Lot, Level Lot
  • Flood Zone: Yes
  • Zoning: RP

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 12384
  • Total Assessed Value: 469800
  • Mil Rate Base: 23.360
  • Mil Rate Tax District: 3.000
  • Mil Rate Total: 26.360
  • Tax District Amount: 1049
  • Assessor Parcel Number: 2073904

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 8, 2020
Sold by
Coudert Matthew J and Coudert Helaine H
Bought by
Nor Properties Llc
Seller's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
Buyer's Agent
Judi Caracausa
William Pitt Sotheby's Int'l
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Current Estimated Value
$1,929,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,000
Avg. Annual Appreciation
13.95%
Original Mortgage
$510,000
Outstanding Balance
$456,683
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,429,317

Purchase Details

Closed on
Nov 5, 2001
Sold by
Coutu Rebecca B
Bought by
Coudert Matthew J and Coudert Helaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1993
Sold by
Cole Roy
Bought by
Coutu Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.63%
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
Nor Properties Llc $1,000,000 None Available
Nor Properties Llc $1,000,000 None Available
Coudert Matthew J $520,000 --
Coudert Matthew J $520,000 --
Coutu Rebecca $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortin Mark $510,000
Closed Nor Properties Llc $510,000
Previous Owner Coudert Matthew J $250,000
Previous Owner Coudert Matthew J $345,000
Previous Owner Coutu Rebecca $360,000
Previous Owner Coutu Rebecca $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $1,000,000 -16.7% $216 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,200,000 -- $259 / 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 $14,227 $699,300 $245,100 $454,200
2024 $13,636 $699,300 $245,100 $454,200
2023 $13,741 $699,300 $245,100 $454,200
2022 $12,525 $469,800 $177,500 $292,300
2021 $12,614 $469,800 $177,500 $292,300
2020 $12,384 $469,800 $177,500 $292,300
2019 $12,384 $469,800 $177,500 $292,300
2018 $12,017 $469,800 $177,500 $292,300
2017 $11,766 $455,500 $190,200 $265,300
2016 $11,438 $455,500 $190,200 $265,300
2015 $10,941 $455,500 $190,200 $265,300
2014 $8,296 $361,800 $190,200 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170325787

SmartMLS

APN: STON-000101-000020-000004