NOT LISTED FOR SALE

116 River Rd Essex, CT 06426

Estimated Value: $1,840,000 - $1,972,000

3 Beds
4 Baths
3,398 Sq Ft
$557/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $1,040,000 $306 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,616/month

67 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • 4.42 Acre Lot
  • Valley Regional High School Rated A-
  • Sub-Zero Refrigerator
  • Cape Cod Architecture

About This Home

As of August 2016

If you are searching for privacy near Essex village and would enjoy incredible views of the CT River and a first floor master suite in an incomparable home; your search is over. Enter the four+ acre estate via a graceful gated driveway. Easily suited for carefree first floor living; the flexible floor plan in this immaculate home affords a private two bedroom guest suite with it's own family room and fireplace, as well as an office/studio/guest space over the attached three car garage. Relax in the impressive family room with vaulted ceiling and fieldstone fireplace. The remodeled kitchen/great room with vaulted shiplap ceiling, fireplace and wet bar lies adjacent to a spacious formal dining room. The view from each room extends to Long Island Sound. Outdoor living is an important component of this property. Balconies and decks abound. A very private Scott pool with granite coping becomes your peaceful summer retreat. This quiet, secluded oasis feels like a world apart, yet is located just minutes from Essex village shops, restaurants, marinas, yacht clubs and the world renowned Griswold Inn. Only two hours from New York City and Boston and within close proximity to first-class live theatre, casinos and water activities, Essex is a waterfront community unrivaled in CT. This stunning property is offered well below appraised value by motivated sellers. Take your seat overlooking all and congratulate yourself on your good fortune!

Last Agent to Sell the Property

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 05/02/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 05/02/2016

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,277

Year Built

  • Built in 1995

Lot Details

  • 4.42 Acre Lot
  • River Front
  • Stone Wall
  • Sprinkler System
  • Garden

Home Design

  • Cape Cod Architecture
  • Clap Board Siding

Interior Spaces

  • 3,398 Sq Ft Home
  • 3 Fireplaces
  • French Doors
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Wrap Around Balcony
  • Deck

Schools

  • Essex Elementary School
  • John Winthrop Middle School
  • VRHS High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Breameadow Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,277

Year Built

Built in 1995

Lot Details

4.42 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 3398
  • Year Built: 1995
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Easements Right Of Way: Private Road
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: River Road to Architect's Hill. Proceed Turn into first driveway on left through gate.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Security System
  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range, Range Hood, Subzero, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Outside Storage Area, Underground Sprinkler, Stone Wall, Underground Utilities, Wrap Around Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: River, View
  • Swimming Pool: Yes
  • Pool: In Ground Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Cement

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: John Winthrop

Lot Info

  • Acres: 4.4200
  • Lot Description: Water View, Fence - Partial

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 22277
  • Assessor Parcel Number: 986239

MLS Schools

  • Elementary School: Essex
  • Middle Jr High School: John Winthrop
  • High School: Vrhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 24, 2016
Sold by
Maxwell L Gates Ret
Bought by
Baum Suzanne and Baum Vincent
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Rick Weiner
William Pitt Sotheby's Int'l
List Price
$1,375,000
Sold Price
$1,040,000
Premium/Discount to List
-$335,000
-24.36%
Current Estimated Value
$1,891,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,355
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Sep 22, 2009
Sold by
Shields Linda
Bought by
Gates Tr Maxwell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baum Suzanne $1,040,000 --
Baum Suzanne $1,040,000 --
Gates Tr Maxwell $1,725,000 --
Gates Tr Maxwell $1,725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gates Tr Maxwell $375,000
Previous Owner Gates Tr Maxwell $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $1,040,000 -24.4% $306 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $1,375,000 0.0% $405 / Sq Ft
12/04/2014 12/04/14 Rented $5,000 0.0% --
11/23/2014 11/23/14 Under Contract -- -- --
08/24/2014 08/24/14 For Rent $5,000 0.0% --
03/21/2014 03/21/14 Rented $5,000 +11.1% --
03/21/2014 03/21/14 Under Contract -- -- --
12/12/2013 12/12/13 For Rent $4,500 -- --
Source: SmartMLS

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 $20,007 $1,073,900 $449,300 $624,600
2024 $19,384 $1,073,900 $449,300 $624,600
2023 $16,222 $718,100 $372,300 $345,800
2022 $16,265 $718,100 $372,300 $345,800
2021 $5,268 $718,100 $372,300 $345,800
2020 $15,662 $718,100 $372,300 $345,800
2019 $15,547 $718,100 $372,300 $345,800
2018 $0 $1,056,800 $744,400 $312,400
2017 $23,207 $1,056,800 $744,400 $312,400
2016 $22,806 $1,056,800 $744,400 $312,400
2015 $22,277 $1,056,800 $744,400 $312,400
2014 $22,182 $1,056,800 $744,400 $312,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10131601

SmartMLS

APN: ESSE-000005-000002-000001

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