NOT LISTED FOR SALE

11 Covlee Dr Westport, CT 06880

Saugatuck Neighborhood

Estimated Value: $3,983,000 - $5,729,000

4 Beds
5 Baths
4,145 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $2,705,000 $653 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $29,341/month

About This Home

As of May 2021

Unique opportunity to rent on Bermuda lagoon. 4 bedroom, 4 1/2 bath home with a deep water dock on an oversized lot in the Covlee Assoc. Association amenities include private beach, boat dock & play area. Dramatic views from every room, soaring ceilings with huge picture windows and decks to soak in the vistas. Newer decks and newer dock.Short term furnished rental. Furniture is different than what the photos depict. $15,000/month for April/May, $20,000 for June. Possibly available for the month of July at a rate of $30,000/mont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
May 13, 2021
Sold by
Benjamin Amy S
Bought by
Fraas Charles and Fraas Elisabeth
Seller's Agent
Kim Harizman
Compass Connecticut, LLC
Buyer's Agent
Kim Harizman
Compass Connecticut, LLC
List Price
$3,200,000
Sold Price
$2,705,000
Premium/Discount to List
-$495,000
-15.47%
Current Estimated Value
$4,622,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,917,264
Avg. Annual Appreciation
13.32%
Original Mortgage
$2,028,750
Outstanding Balance
$1,857,971
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,636,816

Purchase Details

Closed on
Jul 18, 2005
Sold by
Stibel Gary M
Bought by
Benjamin Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fraas Charles $2,705,000 None Available
Fraas Charles $2,705,000 None Available
Benjamin Amy S $3,372,500 --
Benjamin Amy S $3,372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraas Charles $2,028,750
Closed Fraas Charles $2,028,750
Previous Owner Benjamin Amy S $1,000,000
Previous Owner Benjamin Amy S $1,000,000
Previous Owner Ricca Lewis $1,500,000
Previous Owner Ricca Lewis $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented $15,000 0.0% --
04/01/2022 04/01/22 Under Contract -- -- --
03/21/2022 03/21/22 For Rent $15,000 0.0% --
05/13/2021 05/13/21 Sold $2,705,000 -9.7% $579 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/02/2021 03/02/21 Price Changed $2,995,000 -6.4% $641 / Sq Ft
08/04/2020 08/04/20 For Sale $3,200,000 -- $685 / Sq Ft

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 $40,727 $2,187,255 $1,028,055 $1,159,200
2023 $39,328 $2,143,200 $979,100 $1,164,100
2022 $38,728 $2,143,200 $979,100 $1,164,100
2021 $38,728 $2,143,200 $979,100 $1,164,100
2020 $32,309 $2,023,800 $1,030,800 $993,000
2019 $34,121 $2,023,800 $1,030,800 $993,000
2018 $34,121 $2,023,800 $1,030,800 $993,000
2017 $34,121 $2,023,800 $1,030,800 $993,000
2016 $34,121 $2,023,800 $1,030,800 $993,000
2015 $36,053 $1,993,000 $1,143,200 $849,800
2014 $35,754 $1,993,000 $1,143,200 $849,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Harizman

    Seller's Agent in 2022

    Kim Harizman

    Compass Connecticut, LLC

    (917) 270-5168

    8 in this area

    109 Total Sales

    Kim Harizman
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Map

Connecticut Fairfield County Westport 06880 Saugatuck

11 Covlee Dr, Westport, CT

This home is located at 11 Covlee Dr, Westport, CT 06880 and is currently estimated at $4,622,264, approximately $1,115 per square foot. 11 Covlee Dr is a home located in Fairfield County with nearby schools including King's Highway Elementary School, Coleytown Middle School, and Staples High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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