NOT LISTED FOR SALE

98 E Shore Ave Groton, CT 06340

Estimated Value: $1,546,000 - $3,503,461

5 Beds
1.5 Baths
2,054 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $990,000 $482 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $17,294/month

4 Days on Market

Highlights

  • Beach Front
  • Cape Cod Architecture
  • Property is near golf course, public transit, and shops
  • Public Water Access
  • Clubhouse
  • Attic

About This Home

As of October 2020

Panoramic ocean views and just steps away from the shore make this 5-bedroom, 2,054 sq. ft. 1930 Shingle Style Gambrel Cottage the perfect beach getaway.

Many original and charming architectural details throughout~ beach stone fireplace, beadboard and knotty pine walls, exposed rafters, Douglas fir floors and inviting covered porches. Situated on a beautiful oversized lot with a high elevation above the established flood zone.

Located in an idyllic seaside community of Groton Long Point within walking distance to excellent recreational amenities including beaches, tennis courts, and access to a yacht club offering a full array of activities for children and adults.

Conveniently located just a few miles to Downtown Mystic, Amtrak train station (with direct connections to NYC and Boston), excellent restaurants and shops, and easy access to Interstate I-95.

Last Agent to Sell the Property

Katy Fetherston

Compass Connecticut, LLC License #RES.0768698 Listed on: 08/29/2020

Compass Connecticut, LLC

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,419

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Piling Construction

Interior Spaces

  • 2,054 Sq Ft Home
  • 1 Fireplace
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic
  • Partially Finished Attic

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Covered Deck
  • Patio

Location

  • Property is near golf course, public transit, and shops

Schools

  • S. B. Butler Elementary School
  • Fitch Senior High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include club house, tennis, lake/beach access, security service, grounds maintenance, trash pickup, snow removal, road maintenance
  • Groton Long Point Subdivision

Amenities

  • Public Transportation
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Putting Green

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,419

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Groton Long Point
  • Property Type: Single Family For Sale
  • Style: Cape Cod, Colonial
  • Sq Ft Est Heated Above Grade: 2054
  • Total Sq Ft: 2054
  • Year Built: 1930
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Private School(s), Public Transportation, Shopping/Mall, Stables/Riding
  • Association Amenities: Basketball Court, Club House, Guest Parking, Playground/Tot Lot, Private Rec Facilities, Putting Green, Security Services, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: Built into taxes
  • Directions: Groton Long Point RD past Fisherman to left onto East Shore.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Partially Finished, Floored
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Patio
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Beach, Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service, Grounds Maintenance, Trash Pickup, Snow Removal, Road Maintenance
  • HOA: Yes
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1500
  • Lot Description: Open Lot, Dry, Water View, Level Lot
  • Flood Zone: No
  • Zoning: R

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 19419
  • Mil Rate Base: 25.110
  • Mil Rate Tax District: 4.557
  • Assessor Parcel Number: 1956749

MLS Schools

  • Elementary School: S. B. Butler
  • High School: Fitch Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 26, 2020
Sold by
98 East Shore Avenue Llc
Bought by
Dobkin Bonnie L and Sonntag Peter M
Seller's Agent
Katy Fetherston
Compass Connecticut, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$950,000
Sold Price
$990,000
Premium/Discount to List
$40,000
4.21%
Current Estimated Value
$2,629,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,487
Avg. Annual Appreciation
20.24%

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 1, 2020
Sold by
Donohue Michael F and Donohue Stephen L
Bought by
98 East Shore Avenue Llc
Seller's Agent
Katy Fetherston
Compass Connecticut, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$950,000
Sold Price
$990,000
Premium/Discount to List
$40,000
4.21%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Donohue Peter G
Bought by
Donohue Stephen L and Donohue Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2001
Sold by
Noble Holcomb B
Bought by
Donohue Peter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dobkin Bonnie L $990,000 None Available
98 East Shore Avenue Llc -- None Available
Donohue Stephen L $965,000 --
Donohue Peter G $907,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donohue Peter G $650,000
Previous Owner Donohue Peter G $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $990,000 +4.2% $482 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $950,000 -- $463 / 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 $42,538 $1,510,040 $780,479 $729,561
2024 $35,918 $1,358,490 $735,014 $623,476
2023 $26,329 $1,032,920 $467,810 $565,110
2022 $11,700 $467,810 $467,810 $0
2021 $19,709 $654,570 $519,820 $134,750
2020 $19,419 $654,570 $519,820 $134,750
2019 $18,674 $656,460 $519,820 $136,640
2018 $18,302 $656,460 $519,820 $136,640
2017 $17,941 $656,460 $519,820 $136,640
2016 $18,567 $750,960 $582,820 $168,140
2015 $17,982 $750,960 $582,820 $168,140
2014 $17,403 $750,960 $582,820 $168,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170325274

SmartMLS

APN: GROT-002607-001045-007454