$1,707,000
RENTED MAR 5, 2025
4 Beds
2 Baths
1,774 Sq Ft
$962 Price per Sq Ft

Last Sold August 25, 2023

Last sale price $1,495,000 $843 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,275/month

Highlights

  • Deck
  • Raised Ranch Architecture
  • 1 Fireplace
  • King's Highway Elementary School Rated A+
  • Attic
  • Balcony

About This Home

As of March 2025

Welcome to this light and bright 4-bedroom gem nestled in the fabulous waterfront community of Saugatuck Island. This home offers a luxurious retreat just steps away from the community beach, with both comfort and functionality in mind, for an easy living experience. The open and airy living room, featuring a soaring ceiling, seamlessly connects to the dining area and expansive wraparound deck through glass sliders. The kitchen, overlooking the deck and beautifully landscaped gardens, is open to the dining area and will be a chef's dream. The primary bedroom offers lovely water views, while two additional bedrooms with ample storage and a full bath complete the main level. The lower level features a spacious family room for TV viewing or relaxing. Enjoy cozy evenings by the fireplace or step into the lush, fully fenced garden w/stone patio for al fresco dining. The fourth bedroom, full bath, and mudroom/laundry room complete the downstairs. The private yard is an ideal setting for outdoor entertainment and relaxation while enjoying the sea air. There is plenty of space for games and play. This exceptional property offers access to a private beach for Island dwellers, along with opportunities for swimming, kayaking, and neighborhood gatherings. Conveniently located close to downtown and the train station, you will love living in this coastal, water community!

Last Agent to Rent the Property

Susan Seath

Compass Connecticut, LLC License #RES.0769961 Listed on: 01/06/2025

Compass Connecticut, LLC

Last Renter's Agent

Susan Seath

Compass Connecticut, LLC License #RES.0769961 Listed on: 01/06/2025

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,848

Year Built

  • Built in 1965

Lot Details

  • 9,583

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Home Security System

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Hot Water Circulator
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 9,583 Sq Ft Lot
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 413795

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,848

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Pets Allowed Info: Pets considered - owner t
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Yearly Unfurnished, Yearly Furnished, Flexible Terms Furnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: Saugatuck Island
  • Property Type: Residential Rental
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1774
  • Total Sq Ft: 1774
  • Year Built: 1965
  • New Construction: No/Resale
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Saugatuck ave to Duck Pond to Harbor Rd - cross over the bridge and right onto Spriteview.
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1774
  • Street Type: Avenue
  • Tenant Responsibility: All Utilities Cable TV Credit Check Grounds Maintenance Insurance Internet Liability Insurance Security System Snow Removal Trash Service Water
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space, Pull-Down Stairs
  • Basement Description: Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Electric Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Location: Lower Level laundry room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Walk to Water Beach Rights Water Community View
  • Swimming Pool: No

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Kings Highway
  • Middle School: Coleytown
  • High School: Staples

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.22
  • Lot Description: Fence - Wood Level Lot Professionally Landscaped Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A
  • Parcel #: 413795

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 25, 2023
Sold by
Powsner Michael
Bought by
Waterman Janice E and Hurst Peter N
Seller's Agent
Cindy Raney
Coldwell Banker Realty
Buyer's Agent
Cindy Raney
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,495,000
Views
52
Current Estimated Value
$1,707,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,000
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,196,000
Outstanding Balance
$1,174,001
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,280

Purchase Details

Listed on
Feb 15, 2020
Closed on
Aug 12, 2020
Sold by
Nakashian John H
Bought by
Powsner Deborah and Powsner Michael
Seller's Agent
Gary Shelton
Higgins Group Bedford Square
Buyer's Agent
Donna Beretta
William Raveis Real Estate
List Price
$1,199,000
Sold Price
$1,129,000
Premium/Discount to List
-$70,000
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$896,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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
Waterman Janice E $1,495,000 None Available
Waterman Janice E $1,495,000 None Available
Powsner Deborah -- None Available
Powsner Deborah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterman Janice E $1,196,000
Closed Waterman Janice E $1,196,000
Previous Owner Powsner Michael $1,059,000
Previous Owner Powsner Michael $896,000
Previous Owner Powsner Deborah $896,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Under Contract -- -- --
03/04/2025 03/04/25 Rented $8,400 -1.2% --
01/08/2025 01/08/25 For Rent $8,500 +9.7% --
09/01/2024 09/01/24 Rented $7,750 0.0% --
09/01/2024 09/01/24 Under Contract -- -- --
08/10/2024 08/10/24 Price Changed $7,750 -13.9% $4 / Sq Ft
07/12/2024 07/12/24 For Rent $9,000 0.0% --
08/25/2023 08/25/23 Sold $1,495,000 0.0% $843 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $1,495,000 +32.4% $843 / Sq Ft
08/14/2020 08/14/20 Sold $1,129,000 -5.8% $660 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $1,199,000 +6.2% $701 / Sq Ft
03/24/2020 03/24/20 Off Market $1,129,000 -- --
02/15/2020 02/15/20 For Sale $1,199,000 -- $701 / 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 $9,848 $528,900 $372,000 $156,900
2023 $9,705 $528,900 $372,000 $156,900
2022 $9,557 $528,900 $372,000 $156,900
2021 $9,557 $528,900 $372,000 $156,900
2020 $8,935 $534,700 $391,000 $143,700
2019 $8,766 $519,900 $391,000 $128,900
2018 $8,766 $519,900 $391,000 $128,900
2017 $8,766 $519,900 $391,000 $128,900
2016 $8,766 $519,900 $391,000 $128,900
2015 $10,405 $575,200 $436,700 $138,500
2014 $10,089 $562,400 $436,700 $125,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24066813

SmartMLS

APN: WPOR-000002B-000000-000173