NOT LISTED FOR SALE

95 Latimer Point Rd Stonington, CT 06378

Estimated Value: $4,201,928 - $5,037,000

4 Beds
5.5 Baths
5,874 Sq Ft
$785/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $3,000,000 $511 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $29,221/month

82 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • 3.74 Acre Lot
  • Mystic Middle School Rated A-
  • Sub-Zero Refrigerator
  • Secluded Lot

About This Home

As of September 2020

Perched above the sparkling waters of Fishers Island Sound and Little Narraganset Bay and secluded on nearly 4 acres of beautiful lawns and gardens, this exquisite 4 BR architect designed home offers spectacular panoramic water vistas and includes close to 400 feet of shoreline and a sturdy dock for easy boating access to the nearby Rhode Island beaches. Situated at the scenic easternmost part of Connecticut's coastline, Latimer Point offers wonderful seaside living on a private peninsula located less than two miles west of Stonington Borough - which is widely considered the most picturesque seaside village in Connecticut. Long renowned as a major sailing and boating center, and home to a deep water harbor that shelters Connecticut's last remaining commercial fishing fleet, the area offers great ocean beaches, numerous golf courses, horseback riding, tennis, and excellent salt and freshwater fishing.

Last Agent to Sell the Property

James Michalove

Seaboard Properties License #REB.0754373 Listed on: 05/26/2020

Last Buyer's Agent

Jay Cusack

Executive Real Estate Inc. License #RES.0785249

Executive Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,446

Year Built

  • Built in 2004

Lot Details

  • 3.74 Acre Lot
  • Home fronts a sound
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RC-120

Home Design

  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,874 Sq Ft Home
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage

Schools

  • Deans Mill Elementary School
  • Stonington High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,446

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Sq Ft Est Heated Above Grade: 5874
  • Public Record Living Room Sq Ft: 5874
  • Total Sq Ft: 5874
  • Year Built: 2004
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 13762
  • Tax Year Updated Dt: 08/17/2020
  • Directions: Take Rte 1., Turn onto Latimer Pt. Road. Look for #95 on lefthand side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full With Walk-Out, Partially Finished, Liveable Space
  • Appliances: Electric Cooktop, Cook Top, Oven/Range, Range Hood, Freezer, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 95

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage, Paved
  • Garages Number: 3

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Lot Info

  • Acres: 3.7400
  • Lot Description: Dry, Cleared, Secluded, Water View, Rolling, Professionally Landscaped
  • Zoning: RC-120

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 50446
  • Total Assessed Value: 2159500
  • Mil Rate Base: 23.360
  • Mil Rate Total: 23.360
  • Assessor Parcel Number: 2483066

MLS Schools

  • Elementary School: Deans Mill
  • High School: Stonington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 7, 2020
Sold by
Mckillop Andrew G
Bought by
Mckillop Andrew G and Mckillop Vivienne L
Seller's Agent
James Michalove
Seaboard Properties
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$4,608,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,608,643
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,760,000
Outstanding Balance
$1,582,486
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,586,542

Purchase Details

Listed on
May 26, 2020
Closed on
Sep 28, 2020
Sold by
Lorenz Felicia
Bought by
Mckillop Andrew G
Seller's Agent
James Michalove
Seaboard Properties
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,582,486
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,586,542
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
Mckillop Andrew G -- None Available
Mckillop Andrew G -- None Available
Mckillop Andrew G $3,000,000 None Available
Mckillop Andrew G $3,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckillop Andrew G $750,000
Open Mckillop Andrew G $1,760,000
Closed Mckillop Andrew G $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $3,000,000 +0.2% $511 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $2,995,000 -14.4% $510 / Sq Ft
05/26/2020 05/26/20 For Sale $3,500,000 -- $596 / 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
2024 $45,211 $2,590,900 $1,079,500 $1,511,400
2023 $45,211 $2,590,900 $1,079,500 $1,511,400
2022 $51,094 $2,159,500 $1,219,200 $940,300
2021 $51,504 $2,159,500 $1,219,200 $940,300
2020 $50,446 $2,159,500 $1,219,200 $940,300
2019 $12,069 $2,159,500 $1,219,200 $940,300
2018 $48,977 $2,159,500 $1,219,200 $940,300
2017 $48,904 $2,128,100 $1,219,200 $908,900
2016 $47,478 $2,128,100 $1,219,200 $908,900
2015 $45,228 $2,121,400 $1,212,500 $908,900
2014 $43,340 $2,121,400 $1,212,500 $908,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Michalove

    Seaboard Properties

    (860) 514-1725

    7 in this area

    8 Total Sales

    James Michalove
    Section Image
  • Jay Cusack

    Buyer's Agent in 2020

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    1 in this area

    276 Total Sales

    Jay Cusack
    Section Image
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Map

Source: SmartMLS

MLS Number: 170298938

SmartMLS

APN: STON-000154-000001-000003C

Connecticut New London County Stonington 06378

95 Latimer Point Rd, Stonington, CT

This home is located at 95 Latimer Point Rd, Stonington, CT 06378 since 26 May 2020 and is currently estimated at $4,608,643, approximately $784 per square foot. This property was built in 2004. 95 Latimer Point Rd is a home located in New London County with nearby schools including Mystic Middle School, Stonington High School, and Pine Point 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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