NOT LISTED FOR SALE

Estimated Value: $2,073,000 - $3,204,000

4 Beds
2.5 Baths
3,248 Sq Ft
$779/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $1,350,000 $416 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $15,723/month

320 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Antique Architecture
  • Kathleen E. Goodwin School Rated A-
  • Tennis Courts
  • Attic

About This Home

As of September 2018

This is a charming Fenwick style two story Cottage with spectacular panoramic water views of Long Island Sound and South Cove. Expertly renovated in 2017 by Atlantis Building Company, with four Bedrooms, two-and-a-half Bath home, and a two car attached Garage is over 3,000sqft. Refinished glistening wood floors throughout. A formal Dining room and large Living Room with a large red brick wood-burning fireplace has access to the first floor wrap-around, screened-in porch. A Family room with large screen television, and wood burning fireplace. Ralph Lauren and E.F. Chapman nautical lighting, freshly painted rooms, and renovated Bathrooms, with new glass and tile showers, marble basket weave floor tile, with custom vanities, white stone countertops. The Kitchen has new appliances and the large mudroom, with new front load washer and dryer with soapstone countertop, large capacity refrigerator to keep you prepared for the impromptu Fenwick parties on your screened porch or for your BBQ, on the pea stone garden patio with climbing pink roses. Guest bedrooms are heated with access to the long porch with water views and dramatic sunsets. The Master Bedroom has a wood burning fireplace an ensuite Bathroom with views of Long Island Sound. For generations, the Borough of Fenwick has been known for its unique lifestyle; the famed golf course, tennis, yacht and swimming from the sandy beach. Located halfway between New York and Boston it is conveniently close to all major transportation.

Last Listed By

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 10/05/2017

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,060

Year Built

  • Built in 1913

Lot Details

  • 0.54 Acre Lot
  • Home fronts a sound
  • Corner Lot
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Gas Oven or Range
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Walking Distance to Water
  • Tennis Courts
  • Patio
  • Wrap Around Porch

Location

  • Property is near a golf course

Schools

  • Kathleen E. Goodwin Elementary School
  • Pboe Middle School
  • Old Saybrook Middle School
  • Old Saybrook High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: CHANDELIER in Kitchen

Community Details

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,060

Year Built

Built in 1913

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique
  • Sq Ft Est Heated Above Grade: 3248
  • Public Record Living Room Sq Ft: 3248
  • Total Sq Ft: 3248
  • Year Built: 1913
  • Nearby Amenities: Golf Course, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Playground/Tot Lot, Private Rec Facilities, Putting Green, Tennis Courts
  • Remarks Public Addendum: This property has an additional lot with a separate tax card. Lot taxes are $5,443.86 and Borough Taxes are $949.77 Taxes for the house lot are $26,601.96. Borough Taxes are $$4,641.13 $1,200 annual fee for beach, golf and tennis and $100 annual for Fe
  • Exclusions: CHANDELIER in Kitchen
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4500
  • Directions: To Fenwick Borough
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Floored, Storage Space
  • Basement Description: Full With Hatchway, Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Features: Patio, Porch-Wrap Around, Tennis Court
  • Exterior Siding: Shingle, Cedar
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 1200
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle School: PBOE
  • High School: Old Saybrook
  • Intermediate School: Old Saybrook

Lot Info

  • Acres: 0.5400
  • Lot Description: Corner Lot, Golf Course View, Level Lot
  • Flood Zone: No
  • Zoning: residential
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 26060
  • Total Assessed Value: 1353100
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1023979

MLS Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle Jr High School: PBOE
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2019
Sold by
Gilhool Francis
Bought by
Gilhool Francis and Gilhool Kimberly D
Total Days on Market
320
Current Estimated Value
$2,531,517

Purchase Details

Listed on
Oct 5, 2017
Closed on
Sep 14, 2018
Sold by
Sequin Cottage Llc
Bought by
Gilhool Francis
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$2,000,000
Sold Price
$1,350,000
Premium/Discount to List
-$650,000
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$950,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 1, 2015
Closed on
Feb 3, 2017
Sold by
Bank Of America Na
Bought by
Sequin Cottage Llc
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$2,865,000
Sold Price
$1,875,000
Premium/Discount to List
-$990,000
-34.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.46%
Original Mortgage
$1,406,250
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1970
Bought by
Bank Of America Na

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gilhool Francis -- --
Gilhool Francis $1,350,000 --
Sequin Cottage Llc $1,875,000 --
Bank Of America Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilhool Francis $930,000
Previous Owner Bank Of America Na $950,000
Previous Owner Bank Of America Na $1,406,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $1,350,000 -15.4% $416 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $1,595,000 0.0% $491 / Sq Ft
07/03/2018 07/03/18 Rented $27,500 -98.5% --
06/19/2018 06/19/18 Under Contract -- -- --
06/08/2018 06/08/18 Price Changed $1,880,000 0.0% $579 / Sq Ft
04/26/2018 04/26/18 Price Changed $27,500 -8.3% $8 / Sq Ft
03/16/2018 03/16/18 For Rent $30,000 0.0% --
10/05/2017 10/05/17 For Sale $2,000,000 +6.7% $616 / Sq Ft
02/03/2017 02/03/17 Sold $1,875,000 -18.5% $577 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $2,300,000 -19.7% $708 / Sq Ft
08/01/2015 08/01/15 For Sale $2,865,000 -- $882 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,059 $1,253,900 $830,300 $423,600
2023 $23,113 $1,130,200 $868,700 $261,500
2022 $22,694 $1,130,200 $868,700 $261,500
2021 $19,928 $993,900 $868,700 $125,200
2020 $19,928 $993,900 $868,700 $125,200
2019 $19,632 $994,000 $868,800 $125,200
2018 $26,521 $1,353,100 $755,200 $597,900
2017 $26,602 $1,353,100 $755,200 $597,900
2016 $26,061 $1,353,100 $755,200 $597,900
2015 $25,452 $1,353,100 $755,200 $597,900
2014 $25,032 $1,353,100 $755,200 $597,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170021496

SmartMLS

APN: OSAY-000009-000064