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24 Water Street

24 Water Street, Stonington, CT 06378
Property in Stonington
Sold Oct 05, 2020
$3,000,000
$1,800,000 by The Washington Trust Co Of Wes
Mortgage
Sold Apr 13, 2007
$2,750,000
$2,062,500 by Mutual Savings Bank
Mortgage Due Apr 13, 2037
Local assessors in Stonington, CT have categorized 24 Water Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 9,583 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24 Water Street has a total of 4,042 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. The building has a gable style roof that was made of wood shake/ shingles. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 Water Street sold most recently in Sep 25, 2020 for a total of $3,000,000. If you work out the math, that's approximately a cost of $742.21 per sqft. Before that, the property was also sold for $2,750,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $46,077 in taxes each year. 24 Water Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,344,900. If we break it down further, the land itself was valued at $1,282,300. Improvements to the property, however, were assessed at a total of $1,062,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Excellent
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,152
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 4,042
  • Gross Building Area: 8,514
  • Building Area: 4,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,042
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HALVORSON HALVOR M
  • Current Owner 2: HALVORSON DONNI E
  • Previous Owner : WILLIAMS DAVE H
  • Previous Owner 2: WILLIAMS REBA W
  • Owner Before Previous Owner: GREENAN JACQUELINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stonington School District
  • School Tax School District: STONINGTON SD
  • Census Tract: 705200

Zoning

  • Zoning: R-1

Geography

  • Account Number: 338000
  • Parcel: STON M:102 B:6 L:10
  • Block: 6
  • Lot: 10
  • Municipality: STONINGTON
  • Latitude: 41.3295
  • Longitude: -71.9063

    Address

  • Full Address: 24 Water St
  • Address - House Number: 24
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: CT
  • City Name: Stonington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1423
  • Zip Code: 06378

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,077

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 69
  • Final Value: 2,143,245
  • High Value: 2,465,238
  • Low Value: 1,821,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: THE WASHINGTON TRUST CO OF WES
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,344,900
  • Assessed Land Value: $1,282,300
  • Assessed Improvements Value: $1,062,600

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11791949492
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3114110003
  • Previous Sale Recording Date: Apr 13, 2007
  • Previous Sale Amount: $2,750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE WASHINGTON TRUST CO OF WES
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MUTUAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 13, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,062,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 13, 2037

About Stonington



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Frequently Asked Questions

What neighborhood is 24 Water Street located in?
The 24 Water Street is a located in the neighborhood of Stonington in Stonington, Stonington.
What is the average sales price for listings in 24 Water Street?
The average sales price for units in 24 Water Street is $0 currently.

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