Welcome to 12 Water Street, a building located in Groton in Mystic, CT.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1864.
Finally, 12 Water Street was most recently sold on Oct 31, 2023 for $14,000,000.
According to local assessors, the total value of the building is currently valued at $5,442,080.
Specifically, the value of the land that the property sits on has been assessed at $941,080.
The building was last assessed in 2023.
There are another one buildings located on the same land that 12 Water Street was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 35,520 square feet.
The building itself has 35,520 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 12 Water Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the 06355 area have a median price of $2,800.
Those in the 25th percentile, have a price around $2,500.
While those in the 75th percentile, have a price around $4,000.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently a total of 3 one bedroom listings.
The median price for these types of listings is $2,500.
- There are currently a total of 8 two bedroom listings.
The median price for these types of listings is $2,625.
- There are currently a total of 4 three bedroom listings.
The median price for these types of listings is $4,000.
- There are currently no four bedroom listings being advertised in the area.
About The Area
12 Water Street is located in 06355.
There are 12,310 people living here.
There are 5,470 households.
Most of these households have an average family size of 2.77 people.
According to the census, 22% are currently renting while 78% own their homes.
The median age of this population is around 51.1 years old.
On average, most folks in the zipcode are married.
About 8% of folks speak a language other than English in this area.
The area's employment rate is currently around 60.5%.
Speaking of employment, the median income is $88,533.
Most folks will commute by car for around 22.9 minutes.
Finally, we know that 18% of residents in the area have graduated with their high school degree.
Additionally, 28% and 28% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
New London County, Connecticut has a population of 272,033 people.
Based on census records, there are 106,170 registered households.
Families in this area are on average made up of 3.01 people per household.
Most folks are unmarried.
They are also typically around 40.9 years old.
Does diversity matter to you? Right now, 13% of folks speak a language other than English here.
About 34% rent while 66% purchased their homes.
Right now, the community is made up of 31% of residents who have graduated with at least a high school degree.
On top of that, 18% have a Bachelor's degree and 15% have a Master's degree.
The employment rate is currently around 60.3%.
Those employed, have a median income of $67,574.
If you move here, you can expect to commute mostly by car for around 23.2 minutes.
Finally, let's take a look at the stats related to Norwich - New London, CT - RI Urban Area.
The urban area is home to 206,050 people.
A total of 82,766 households are registered here.
With average family sizes being listed at 2.95 people.
About 31% of residents have graduated with a high school degree.
Of the rest, 18% have their Bachelor's and 14% have their Master's degree.
Folks speaking a language other than English, make up about 16% of the population.
Speaking of your commute, 58.1% of people in this area are employed.
The recorded median income is currently at $61,539 per year.
The median population age has been listed at 40.4 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
