Seller's Agent in 2020
Rose McWaid
William Raveis Real Estate
(860) 573-0667
22 in this area
66 Total Sales
100 Sheffield St Unit C5 Old Saybrook, CT 06475
Old Saybrook NeighborhoodEstimated Value: $560,578 - $652,000
2
Beds
2.5
Baths
1,870
Sq Ft
$395/mo
HOA Fee
Highlights
- Property Fronts a Bay or Harbor
- Attic
- Balcony
- Kathleen E. Goodwin School Rated A-
- 1 Fireplace
- Walking Distance to Water
About This Home
As of December 2020Motivated owner has lowered the price! You can walk to everything on Main St and enjoy the gorgeous North Cove views and access across the street. Its easy paddling a kayak in the peaceful waters of the cove and onto the CT river. It's a very short walk into town for some of the best restaurants, shops, and events on the town green or the Katharine Hepburn Cultural Arts Center. This town center has it all. The condo interior is light and bright with all wood trim painted white. New solid oak floors were just installed! The living room features a natural gas fireplace and custom floor-to-ceiling wall units. Sliders open to a spacious covered deck and private patio opening to a long green lawn, a peaceful area and perfect for entertaining outdoors. And the Weber natural gas grill is included! The second floor features two bedrooms with private en-suite bathrooms. The master bedroom has a vaulted ceiling, double closets, and sliders open to a balcony with views of North cove. The second-floor laundry room features plenty of storage and a built-in hamper to keep things neat. The "frosting on the cake" is a fully-finished lower level with space for a family room, plus home office or exercise area. The mechanicals are newer, including a tankless water heater, and heat pump and central vacuum. Covered parking is just a few steps from the front door. This is a perfect year-round home or weekend getaway.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,018
Year Built
- Built in 1976
Lot Details
- Property Fronts a Bay or Harbor
HOA Fees
- $395 Monthly HOA Fees
Home Design
- Frame Construction
- Wood Siding
Interior Spaces
- Central Vacuum
- 1 Fireplace
- Thermal Windows
- Entrance Foyer
- Water Views
Kitchen
- Electric Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Attic
- Storage In Attic
- Pull Down Stairs to Attic
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Storage
Parking
- 1 Car Garage
- Attached Carport
- Parking Lot
Outdoor Features
- Walking Distance to Water
- Balcony
- Covered Deck
- Patio
- Outdoor Grill
Location
- Flood Zone Lot
- Property is near shops
Schools
- Kathleen E. Goodwin Elementary School
- Old Saybrook High School
Utilities
- Central Air
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Radiant Heating System
- Programmable Thermostat
- Underground Utilities
- Tankless Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include grounds maintenance, trash pickup, snow removal, pest control, road maintenance, insurance
- 24 Units
- The Cove Community
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2022
Sold by
Palmer Jeffrey and Carberg Lisa
Bought by
Germain Jason
Total Days on Market
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$365,644
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,652
Purchase Details
Listed on
Jun 26, 2020
Closed on
Dec 3, 2020
Sold by
Lipchus Gerald M and Lipchus Irene W
Bought by
Palmer Jeffrey and Carberg Lisa
Seller's Agent
Rose McWaid
William Raveis Real Estate
Buyer's Agent
Lisa Carberg
Village & Shoreline Properties
List Price
$358,000
Sold Price
$339,000
Premium/Discount to List
-$19,000
-5.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Purchase Details
Closed on
May 11, 2009
Sold by
Est Trinkaus Sylvia and Trinkaus Trevor
Bought by
Lipchus Gerald and Lipchus Irene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Germain Jason | $420,000 | None Available | |
| Palmer Jeffrey | $339,000 | None Available | |
| Lipchus Gerald | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Germain Jason | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2020 12/01/20 | Sold | $339,000 | 0.0% | $181 / Sq Ft |
| 10/09/2020 10/09/20 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | Price Changed | $339,000 | -1.7% | $181 / Sq Ft |
| 08/27/2020 08/27/20 | Price Changed | $345,000 | -1.1% | $184 / Sq Ft |
| 07/13/2020 07/13/20 | Price Changed | $349,000 | -2.5% | $187 / Sq Ft |
| 06/30/2020 06/30/20 | For Sale | $358,000 | -- | $191 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,198 | $276,200 | $0 | $276,200 |
| 2023 | $4,098 | $200,400 | $0 | $200,400 |
| 2022 | $4,024 | $200,400 | $0 | $200,400 |
| 2021 | $4,018 | $200,400 | $0 | $200,400 |
| 2020 | $4,018 | $200,400 | $0 | $200,400 |
| 2019 | $3,958 | $200,400 | $0 | $200,400 |
| 2018 | $4,204 | $214,500 | $0 | $214,500 |
| 2017 | $4,217 | $214,500 | $0 | $214,500 |
| 2016 | $4,131 | $214,500 | $0 | $214,500 |
| 2015 | $4,035 | $214,500 | $0 | $214,500 |
| 2014 | $3,968 | $214,500 | $0 | $214,500 |
Source: Public Records
Agents Affiliated with this Home
-
Rose McWaid
-
L
Buyer's Agent in 2020
Lisa Carberg
Village & Shoreline Properties
Map
Similar Homes in Old Saybrook, CT
Source: SmartMLS
MLS Number: 170309504
APN: OSAY-000031-000005-000000-C000005
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