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$999,000

Beds
1
Baths
1.0
sq ft
624

17 Island Cir S, Groton, CT 06340

17 Island Cir S

Groton, CT 06340

  • 43 days on market
    • Price drop $100,000↓
Welcome home to this waterfront year-round cottage overlooking Fishers Island Sound and Mumford's Cove. Located in Groton Long Point, this exquisite property provides stunning sunsets over the sound that you can enjoy from your wraparound patio. Other outdoor luxuries include two gas firepits and an outdoor shower for those long days in the salty water. There is also a shed to hold all of your kayaks, paddle boards and outdoor must-haves. This home was recently remodeled with new siding, roof, kitchen, bathroom, flooring and mini-splits for heating and cooling. On GLP you can let the stress of everyday life go and enjoy coastal living at its finest at any of the three private beaches. Being part of this association will allow full access to all of the amenities, including a club house, yacht club, private tennis and pickleball courts, walking and bike trails, a nature preserve, and much more. For added security Groton Long Point has its own police and fire department. Association dues are included in your town property taxes. Located just minutes from Mystic, Noank, and The Stonington Borough the fine dining possibilities are endless. Centrally located between NYC and Boston. This home would make for a great summer rental property. There is potential to expand the home's living space. Do not miss this rare opportunity to own a piece of coastal paradise!!!

Details

Property type

Single Family Residence

Est. home value

$846,123

Lot size

4,356 sq ft

Price per sq ft

$1,601

Year built

1940

Annual property taxes

$12,021

Price History

08/23/2024
SmartMLS

SmartMLS #24035533

Price change
$999,000
-9.1%
07/26/2024
SmartMLS

SmartMLS #24035533

Listed
$1,099,000
+136.34%
09/30/2020
SmartMLS

SmartMLS #170286237

Sold
$465,000

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Fitch Senior

Community features: 

Tennis Court(s)

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

Berkshire Bank

Loan start date

February 2021

Original loan amount

$110,000

Est. remaining balance

Not provided

Interest rate

2.67%

Loan type

Balloon, 20 year

Seller

David Lewis

Lender

Berkshire Bank

Loan start date

February 2021

Original loan amount

$110,000

Est. remaining balance

Not provided

Interest rate

2.67%

Loan type

Balloon, 20 year

Seller

David Lewis

Lender

Berkshire Bank

Loan start date

September 2020

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Balloon, 30 year

Seller

David Lewis

Lender

Berkshire Bank

Loan start date

September 2020

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Balloon, 30 year

Seller

David Lewis

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: 09/07/2024 at 11:00 PM

Listing updated: 08/28/2024 at 12:57 AM

Listed by: Joyce A. Perlot, eXp Realty Phone #: (860) 449-4450

MLS: SmartMLS #24035533

SmartMLS logo

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