NOT LISTED FOR SALE

93 Island Rd North Stonington, CT 06378

Estimated Value: $87,943 - $102,000

0.62 Acre
$153,181 Price per Acre
27,007 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $71,500

Est. 33% increase in value since last sale

Current estimated payment $510/month

107 Days on Market

About This Lot

As of May 2023

RARE PIECE OF BUILDABLE WATERFRONT LAND on beautiful, serene BILLINGS LAKE. Located on private road. Gorgeous views of the water from property. This lot is zoned seasonal and allows for a maximum of 6 months of habitation per year. The limitation can be non-consecutive use, or you can stay 12 months straight if divided between two years. The lot has been cleared. 2019 test hole data indicated soils which could support a 3 bedroom/ 2.5 bathroom home. See Proposed layout attached. Lot owns a private beach association for the beach on the property. Easement holders have a right to access the beach for bathing. Lot is being sold with Lot 45-9553, a 58.31 acre portion of the lake bottom under Billings Lake. The ownership of this land does not give you ownership of the water. Price includes both parcels. Broker and Seller are related parties.

Last Agent to Sell the Property

Nathan Weiss

Freehold Real Estate License #REB.0791260 Listed on: 08/26/2022

Co-Listed By

Joe Weiss

Freehold Real Estate License #REB.0795007

Last Buyer's Agent

Mike Thompson

Countryside Realty License #RES.0769435

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $65

Lot Details

  • 0.62 Acre Lot
  • Beach Front
  • Lake Front
  • Property fronts a private road
  • Sloped Lot
  • Unpaved Streets
  • Cleared Lot
  • Property is zoned R80

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$65

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Remarks Public Addendum: Prior to the sale of this property, Seller may be conveying easement access to the Lake Access Easement Area to the owners of the following properties: 51 Ledgen Wood Rd., 53 Ledgen Wood Rd. 11 Billings Rd, and parcel 45-3366/Indian Trail, North Stonington. The easements will run with the land and be subject to the Declaration of Private Lake Access Easement Area Rules, Regulations and Easement Owners' Obligations on file in Vol 240 at Page 516.
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Easements
  • Directions: From Rt 2, take Cossaduck Hill Rd., CT-201 N for 3.3 miles. Turn right on Ledgen Wood Rd for 0.6 miles, Ledgen Wood Rd turns noticeably left and becomes Island Rd. In 1,000'±, bear right. 93 Island is 1,000'± on left.
  • Special Features: None

Interior Features

  • Street Number Modifier: 93

Exterior Features

  • Waterfront Description: Direct Waterfront, Lake, Beach
  • Road Frontage Description: Private Road, Unpaved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

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: 0.6200
  • Lot Description: Cleared, Sloping Lot
  • Lots Number Of: 1
  • Zoning: R80
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 64
  • Total Assessed Value: 2240
  • Mil Rate Base: 28.450
  • Mil Rate Total: 28.450
  • Assessor Parcel Number: 2319037

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
Aug 26, 2022
Closed on
Apr 28, 2023
Sold by
Tucker Village Llc
Bought by
Boucher Susan M
Seller's Agent
Nathan Weiss
Freehold Real Estate
Buyer's Agent
Mike Thompson
Countryside Realty
List Price
$89,900
Sold Price
$71,500
Premium/Discount to List
-$18,400
-20.47%
Views
82
Current Estimated Value
$94,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,472
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
May 17, 2004
Sold by
Griffn Ruth
Bought by
Waco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.47%
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 Buyer Sale Price Title Company
Boucher Susan M $71,500 None Available
Boucher Susan M $71,500 None Available
Boucher Susan M $71,500 None Available
Waco Llc $37,500 --
Waco Llc $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waco Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $71,500 -10.5% --
12/11/2022 12/11/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $79,900 -11.1% --
08/26/2022 08/26/22 For Sale $89,900 -- --
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 $65 $2,240 $2,240 $0
2024 $65 $2,240 $2,240 $0
2023 $65 $2,240 $2,240 $0
2022 $64 $2,240 $2,240 $0
2021 $64 $2,240 $2,240 $0
2020 $68 $2,310 $2,310 $0
2019 $67 $2,310 $2,310 $0
2018 $65 $2,310 $2,310 $0
2017 $62 $2,310 $2,310 $0
2016 $62 $2,310 $2,310 $0
2015 $64 $2,450 $2,450 $0
2014 $63 $2,450 $2,450 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nathan Weiss

    Freehold Real Estate

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joe Weiss

    Freehold Real Estate

    (860) 608-2702

    6 in this area

    24 Total Sales

    Joe Weiss
    Section Image
  • Mike Thompson

    Buyer's Agent in 2023

    Mike Thompson

    Countryside Realty

    (860) 888-7653

    1 in this area

    63 Total Sales

    Mike Thompson
    Section Image
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Map

Source: SmartMLS

MLS Number: 170517829

SmartMLS

APN: NSTO-000045-000000-008374

Connecticut New London County North Stonington 06359

93 Island Rd, North Stonington, CT

This home is located at 93 Island Rd, North Stonington, CT 06378 since 26 August 2022 and is currently estimated at $94,972. 93 Island Rd is a home located in New London County with nearby schools including North Stonington Elementary School and Wheeler High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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