NOT LISTED FOR SALE

918 Eastern Point Rd Groton, CT 06340

Estimated Value: $489,000 - $970,917

0.28 Acres
$2,837,425 Price per Acre
12,197 Sq Ft Lot

Sale Details

Date Sold: October 11, 2019

Last sale price $100,000

Est. 694% increase in value since last sale

Current estimated payment $5,214 / mo

433 Days on Market

Highlights

  • Water Views
  • No HOA
  • Open Lot
  • Beach Access
  • Property is near golf course

About This Lot

As of October 2019

Build your dream home on a golf course! Direct access to this lot from the road. Seasonal water views of the Thames River. Enjoy beautiful Sunsets every evening! Stroll to the neighborhood Eastern Point Beach, several private and public marinas, and Avery Point UConn campus. Bring your own builder or use plans available from a local builder. Public sewer and water available. This lot has a separate drive way from the other three lots.

Last Agent to Sell the Property

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213 Listed on: 06/05/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Justine Anderson

Vision Real Estate License #RES.0809773

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,784

Lot Details

  • 12,197 Sq Ft Lot
  • Property fronts a state road
  • Open Lot
  • Cleared Lot

Property Views

  • Water
  • Golf Course

Location

  • Property is near golf course

Schools

  • Fitch Senior High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Eastern Point Subdivision

Recreation

  • Beach Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$1,784

Lot Details

0.28 Acres

Listing Details

  • Neighborhood: Groton City
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Basketball Court, Golf Course, Park, Playground/Tot Lot
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Lot Restriction(s)
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Exit 87, Clarence B Sharpe Highway, second right, Benham, past Pfizer, as soon as you pass Plant Street and the Shennecossett Golf Course, lots will be on the left. A sign will be to the right of the driveway.
  • Special Features: None

Exterior Features

  • Waterfront Description: Beach Rights, Walk to Water
  • Road Frontage Description: State Road, Municipal Street, Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas, Telephone, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2800
  • Lot Description: Open Lot, Cleared, Water View, Golf Course View
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 1784
  • Mil Rate Base: 24.170
  • Mil Rate Tax District: 4.300
  • Assessor Parcel Number: 2634584

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Oct 9, 2019
Sold by
914 Epr Llc
Bought by
Cohen Kenneth M and Cohen Gail
Seller's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
Buyer's Agent
Justine Anderson
Vision Real Estate
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Current Estimated Value
$794,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,479
Avg. Annual Appreciation
37.35%
Original Mortgage
$348,000
Outstanding Balance
$304,866
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$489,613
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cohen Kenneth M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Kenneth M $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $100,000 -13.0% --
08/12/2019 08/12/19 Pending -- -- --
06/05/2018 06/05/18 For Sale $115,000 -- --
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 $12,023 $415,870 $177,730 $238,140
2024 $11,183 $415,870 $177,730 $238,140
2023 $10,729 $415,870 $75,670 $340,200
2022 $10,376 $415,870 $75,670 $340,200
2021 $4,409 $145,600 $62,650 $82,950
2020 $1,843 $62,650 $62,650 $0
2019 $7,439 $62,650 $62,650 $0
2018 $1,801 $62,650 $62,650 $0
2017 $1,807 $62,650 $62,650 $0
2016 $1,989 $73,220 $73,220 $0
2015 $1,964 $73,220 $73,220 $0
2014 $1,827 $73,220 $73,220 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Auerbach

    Seller's Agent in 2019

    Cheryl Auerbach

    Berkshire Hathaway Home Services

    (860) 235-9099

    25 in this area

    82 Total Sales

    Cheryl Auerbach
    Section Image

  • J

    Buyer's Agent in 2019

    Justine Anderson

    Vision Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: 170091803

SmartMLS

APN: GROT-001687-000769-005659

Connecticut New London County Groton 06340

918 Eastern Point Rd, Groton, CT

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