NOT LISTED FOR SALE

Estimated Value: $4,506,000 - $6,840,000

9 Beds
14 Baths
12,378 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $6,200,000 $501 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $40,478/month

74 Days on Market

About This Home

As of November 2022

Remarkable water views, the ocean breeze and ultimate privacy define Fairfield County's most coveted location: Sasco Point. Amid this desirable and private enclave sits an architectural masterpiece. Renowned architect, Jack Franzen designed the award winning, custom modern-day Queen Anne Victorian based on the landmark Vanderbilt Shelburne Farms estate. Sited on a private lane, this special estate is close to Sasco beach, Southport Village and 50 miles from NYC. 15,000 SF on 4 levels with elevator, the home was built with the charm and warmth you would expect of an Inn. Overlooking LI Sound, the home offers magnificent water views from the moment you enter. All south facing rooms access the veranda, the stunning property, sweeping terrace, pool and enjoy breathtaking views The home's primary suite is unmatched: 2 full baths, sitting room, immense closet space, expansive deck and gorgeous views. The highest quality luxury materials were used throughout: mahogany true divided light windows, quarter sawn oak double stairway, beautiful arches, paneling, floors and more. Franzen's architecture creates an intimate feel among the multitude of formal and informal spaces, 9 bedrooms, 12 full and 2 half baths. 8 car garage (4 attached/ 4 detached). This magnificent property is ideal for entertaining family and friends, yet cozy enough to enjoy a quality of life on the water bathed in privacy. 1111 Sasco Hill offers a covetable experience that few homes anywhere offer today.

Last Agent to Sell the Property

Cindy Raney

Coldwell Banker Realty License #RES.0766946 Listed on: 09/14/2022

Coldwell Banker Realty

Last Buyer's Agent

Cindy Raney

Coldwell Banker Realty License #RES.0766946 Listed on: 09/14/2022

Coldwell Banker Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 28, 2022
Sold by
Herbert Michael E and Herbert Jacqueline F
Bought by
Horrigan David G and Horrigan Judith A
Seller's Agent
Cindy Raney
Coldwell Banker Realty
Buyer's Agent
Cindy Raney
Coldwell Banker Realty
List Price
$6,950,000
Sold Price
$6,200,000
Premium/Discount to List
-$750,000
-10.79%
Views
79
Current Estimated Value
$5,454,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$745,237
Avg. Annual Appreciation
-5.59%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Herbert Michael E and Herbert Jacqueline F
Bought by
Cbs 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.31%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Gordon Claire B and Gordon Myron L
Bought by
Herbert Michael E and Herbert Jacqueline F
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
Horrigan David G $3,100,000 None Available
Horrigan David G $3,100,000 None Available
Horrigan David G $3,100,000 None Available
Horrigan David G $3,100,000 None Available
Cbs 5 Llc $5,400,000 --
Cbs 5 Llc $5,400,000 --
Herbert Michael E $3,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herbert Michael E $999,999
Previous Owner Herbert Michael E $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $6,200,000 +3.3% $501 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/22/2022 10/22/22 Price Changed $5,999,990 -13.7% $485 / Sq Ft
09/14/2022 09/14/22 For Sale $6,950,000 -- $561 / Sq Ft
Source: Greenwich Association of REALTORS®

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 $121,086 $4,340,000 $1,443,820 $2,896,180
2023 $119,393 $4,340,000 $1,443,820 $2,896,180
2022 $159,879 $5,869,290 $1,444,940 $4,424,350
2021 $158,353 $5,869,290 $1,444,940 $4,424,350
2020 $163,474 $6,102,040 $1,913,100 $4,188,940
2019 $163,474 $6,102,040 $1,913,100 $4,188,940
2018 $160,850 $6,102,040 $1,913,100 $4,188,940
2017 $157,555 $6,102,040 $1,913,100 $4,188,940
2016 $155,297 $6,102,040 $1,913,100 $4,188,940
2015 $159,436 $6,431,460 $2,287,390 $4,144,070
2014 $156,928 $6,431,460 $2,287,390 $4,144,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greenwich Association of REALTORS®

MLS Number: 116822

Greenwich Association of REALTORS®

APN: FAIR-000238-000000-000103