$1,875,000
SOLD FEB 3, 2017

10 Sequin Ave Old Saybrook, CT 06475

4 Beds
2.5 Baths
3,248 Sq Ft
0.54 Acres

Recently Sold

$577 Per Sq Ft

35% Below List Price

482 Days on Market

Highlights

  • Beach Front
  • Antique Architecture
  • Corner Lot
  • Kathleen E. Goodwin School Rated A-
  • 2 Fireplaces
  • No HOA

About This Home

As of September 2018

First time offering for this Historic cedar shingle cottage! Built in 1913 it has remained in the same owner. The quintessential Fenwick summer cottage with four Bedroom and two bath is solidly built on unusually high ground. At 15 to 19ft above highwater it is protected and takes advantage of beautiful views of Long Island Sound.
The front entrance leads to an expansive twin Living Room with a fireplace. One of two stairs lead to the four Bedrooms with two Baths.The spacious Master has a fireplace, all have access to the porch overlooking Long Island Sound. The first floor screened-in wrap around porch overlooks an expansive lawn and views of the Sound. Wood paneling, wood floors and beams are original throughout the home. The Kitchen and its dining area has a wood stove for those chilly evenings. A rustic "formal" Dining Room has French doors leading to the porch. A pantry/bar area incorporate space saving nautical features, as does the Kitchen for multiple storage areas in addition to built-ins. The Family Room with a fireplace and floor to ceiling corner windows, has built-ins and glass sliding doors leading to the lawn. A two car Garage is attached.
This desirable corner location, on Sequin Ave. and Pettipaug Ave. gives the cottage quiet privacy, yet only a few minutes walk to all amenities that Fenwick offers: the famed links Golf Course, Tennis Courts, Beach, Playground and Boating.

Last Agent to Sell the Property

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 08/01/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 08/01/2015

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
  • Beach Front
  • Home fronts a sound
  • Corner Lot
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Golf Course

Home Design

  • Antique Architecture
  • Cedar Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • 2 Fireplaces
  • Crawl Space
  • Attic Fan

Kitchen

  • Oven or Range
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Walking Distance to Water
  • Wrap Around Balcony
  • 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

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

Listing and Financial Details

  • Exclusions: CHANDELIER in Kitchen

Community Details

Overview

  • No Home Owners Association

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

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique
  • Total Sq Ft: 3248
  • Year Built: 1913
  • Nearby Amenities: Golf Course, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Putting Green, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Exclusions: CHANDELIER in Kitchen
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • 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
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 10

Exterior Features

  • Exterior Features: Porch-Wrap Around, Wrap Around Deck
  • Exterior Siding: Cedar
  • Waterfront Description: Access, Beach, L. I. Sound Frontage, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well, Public Water In Street
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: 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, Open Lot
  • Flood Zone: No
  • Property Info: Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • 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
Current Estimated Value
$2,406,467

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
9.41%
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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $1,350,000 --
Warranty Deed $1,875,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $930,000 Balloon
Previous Owner $950,000 Purchase Money Mortgage
Previous Owner $1,406,250 Purchase Money Mortgage
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
2025 $19,435 $1,253,900 $830,300 $423,600
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: N10063537

SmartMLS

APN: OSAY-000009-000064