tomo logo

$6,995,000

Beds
5
Baths
8.0
sq ft
11,078

1099 Pequot Ave, Southport, CT 06890

1099 Pequot Ave

Fairfield, CT 06890

  • 113 days on market
Coveted Southport waterfront. Builder's own 11,000+ sq. foot custom home on private Rock Point Road off Pequot Avenue and walking distance to Southport Beach and Village. Magnificent 1.9-acre lot with 200 feet directly on Long Island Sound with views towards Westport's Gold Coast of Beachside Avenue and the Manhattan skyline in the distance. A beautiful pool and pool house pull you outside to enjoy every changing tide and sky. Outstanding value when compared to neighboring sales and tremendous potential upside awaits the prudent purchaser. A similar sized lot on the street recently sold for $7m and the house directly next door sold in 2020 for $16.5m. Come and see for yourself. Don't miss out as all of our best local waterfront properties are being snatched up. Close to the town centers of Westport, Southport and Fairfield and just 50 miles to NYC.

Details

Property type

Single Family Residence

Est. home value

$7,672,983

Lot size

1.90 acres

Price per sq ft

$632

Year built

1996

Annual property taxes

$202,071

Price History

07/18/2024
SmartMLS

SmartMLS #170621454

Removed
$7,500,000
+7.22%
07/18/2024
SmartMLS

SmartMLS #24033417

Listed
$6,995,000
-9.74%
01/29/2024
SmartMLS

SmartMLS #170569152

Removed
$7,750,000
+3.33%

Schools & Community

Neighborhood: 

Southport

Elementary school: 

Mill Hill

Middle school: 

Roger Ludlowe

High school: 

Fairfield Ludlowe

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

July 2015

Original loan amount

$7,300,000

Est. remaining balance

$3,158,094

Interest rate

3.07%

Loan type

Not Provided, 15 year

Seller

Terese Ceruzzi

Lender

Bank Of America Na

Loan start date

July 2015

Original loan amount

$7,300,000

Est. remaining balance

$3,158,094

Interest rate

3.07%

Loan type

Not Provided, 15 year

Seller

Terese Ceruzzi

Lender

Bank Of America Na

Loan start date

December 1996

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Terese M Ceruzzi

Lender

Bank Of America Na

Loan start date

December 1996

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Terese M Ceruzzi

Lender

Pawling Savings Bank

Loan start date

December 1994

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

9.03%

Loan type

Not Provided, 30 year

Seller

Terese M Ceruzzi

Lender

Pawling Savings Bank

Loan start date

December 1994

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

9.03%

Loan type

Not Provided, 30 year

Seller

Terese M Ceruzzi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 9:40 AM

Listing updated: 08/16/2024 at 5:07 AM

Listed by: Libby Tritschler, William Raveis Real Estate Phone #: (203) 913-9454

MLS: SmartMLS #24033417

SmartMLS logo

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