Rare opportunity to own a property located in a tucked away neighborhood that is walking-distance to Stonington Borough and the Velvet Mill. The 1860 home on the property needs a full renovation and is being sold "as is" and will need a new well and septic system. It is sited on a spacious, level lot on a quiet street out of the flood zone, and features lovely stone walls, winter water views from the 2nd floor and high-end homes on either side of the property. Bring your vision and your builder to plan a renovated or brand new home to enjoy for years to come.
Single-familyProperty Type
1860Year Built
0.46 acresLot Size
$275Est. Price/Sq.Ft.
Listed by Pam Johnstone• PJ Residential, PLLC
Bought with Shirley Errico• Berkshire Hathaway NE Prop.
Source:Smart MLS #170213133
Redfin Estimate
$395,767
$221K since sold in October 2019$11K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.6% lower than the average sale price ($433K) of 6 comparable homes.
Nearly one acre within walking distance of stonington borough. This 1860 colonial needs total rehab or take down and build new. Seasonal water views from rear of lot. No seller repairs.
Year
Property tax
Land + Additions
Assessment*
2022
$2,934 (−1.0%)
$121,200
2021
$2,963 (−31.7%)
$121,200
2020
$4,341
$121,200 + $59,600
$180,800
2019
$4,341 (+1.1%)
$121,200 + $59,600
$180,800
2018
$4,295 (+5.5%)
$124,500 + $59,600
$184,100
2017
$4,073 (+2.9%)
$124,500 + $47,500
$172,000
2016
$3,958 (+8.9%)
$124,500 + $47,500
$172,000
2014
$3,634 (+2.7%)
$124,500 + $47,500
$172,000
2011
$3,540
$124,500 + $47,500
$172,000
Tax history for 36 Island Rd
Year
Property tax
Land + Additions
Assessment*
2022
$2,934 (−1.0%)
$121,200
2021
$2,963 (−31.7%)
$121,200
2020
$4,341
$121,200 + $59,600
$180,800
2019
$4,341 (+1.1%)
$121,200 + $59,600
$180,800
2018
$4,295 (+5.5%)
$124,500 + $59,600
$184,100
2017
$4,073 (+2.9%)
$124,500 + $47,500
$172,000
2016
$3,958 (+8.9%)
$124,500 + $47,500
$172,000
2014
$3,634 (+2.7%)
$124,500 + $47,500
$172,000
2011
$3,540
$124,500 + $47,500
$172,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.