NOT LISTED FOR SALE

12 Watrous Point Rd Old Saybrook, CT 06475

Estimated Value: $1,212,000 - $1,416,000

4 Beds
2.5 Baths
3,256 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $700,000 $215 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,770/month

78 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • 3.9 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2019

Beautifully sited in the sought-after community of the District of Otter Cove, this fabulous contemporary ranch home exudes charm with quality appointments and a stunning open floor plan. The residence was constructed using superior materials and craftsmanship, highlighted with banks of windows on the southern side that flood the rooms with natural light and provide true passive solar benefits from the sun. All rooms open to the amazing private pool complex that provides wonderful outdoor living and entertaining space. A spacious screened porch is perfect for dining on a warm summer night. The three bay garage is ideal for vehicles, bikes and boats. Additionally, there is association access to a small beach and launching area on the Connecticut River, and the Turtle Creek Preserve with 89 acres of trail heads is right across the street...truly resort living at it's best! The home is close to Old Saybrook Center and the Village of Essex, with fabulous restaurants, shops, theater and services including excellent rail service to New York and Boston.

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 04/08/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rose McWaid

William Raveis Real Estate License #RES.0769263

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,841

Year Built

  • Built in 1977

Lot Details

  • 3.9 Acre Lot
  • River Front
  • Stone Wall
  • Secluded Lot
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Garden
  • Property is zoned AA-3

HOA Fees

  • $26 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,256 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Workshop
  • Screened Porch
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Intercom

Parking

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

Eco-Friendly Details

  • Heating system powered by passive solar

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Old Saybrook High School

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • District Of Otter Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,841

Year Built

Built in 1977

Lot Details

0

HOA Fees

$26 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary, Ranch
  • Sq Ft Est Heated Above Grade: 3256
  • Public Record Living Room Sq Ft: 3256
  • Total Sq Ft: 3256
  • Year Built: 1977
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Private Rec Facilities, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 8368
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Take Otter Cove entrance off Saybrook Road (Route 154) and follow Otter Cove Drive to Laurel Way on the left. Take a right onto Watrous Point Road to #12 on the right opposite the Turtle Creek Nature Preserve. DO NOT GO DOWN DRIVE WITHOUT APPOINTMENT!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Intercom, Security System
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room, Workshop
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Porch-Screened, Stone Wall, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, River, Association Required, Walk to Water
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Private, Asphalt, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 311
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Per Board of Ed
  • High School: Old Saybrook
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Passive Solar, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 3.9000
  • Lot Description: Secluded, Level Lot, Lightly Wooded, Professionally Landscaped
  • Flood Zone: No
  • Zoning: AA-3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9841
  • Total Assessed Value: 498300
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1029450

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Aug 22, 2019
Sold by
Berry Katharine M
Bought by
Russo Michael S and Garcia Norbert
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Rose McWaid
William Raveis Real Estate
List Price
$730,000
Sold Price
$700,000
Premium/Discount to List
-$30,000
-4.11%
Current Estimated Value
$1,272,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,634
Avg. Annual Appreciation
10.24%
Original Mortgage
$560,000
Outstanding Balance
$490,457
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$782,177

Purchase Details

Closed on
Apr 23, 1996
Sold by
Ko Gratn N and Chao Jessica
Bought by
Berry Katharine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 1993
Sold by
Niejadlik Catherine H
Bought by
Ko Grant N and Chao Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.79%
Mortgage Type
Unknown
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
Russo Michael S $700,000 --
Berry Katharine M $376,000 --
Ko Grant N $357,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Michael S $560,000
Previous Owner Ko Grant N $50,000
Previous Owner Ko Grant N $150,000
Previous Owner Ko Grant N $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $700,000 -4.1% $215 / Sq Ft
04/08/2019 04/08/19 For Sale $730,000 -- $224 / 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
2025 $11,653 $751,800 $236,600 $515,200
2024 $11,427 $751,800 $236,600 $515,200
2023 $10,190 $498,300 $146,400 $351,900
2022 $10,006 $498,300 $146,400 $351,900
2021 $9,991 $498,300 $146,400 $351,900
2020 $9,991 $498,300 $146,400 $351,900
2019 $9,841 $498,300 $146,400 $351,900
2018 $9,377 $478,400 $146,400 $332,000
2017 $9,405 $478,400 $146,400 $332,000
2016 $9,214 $478,400 $146,400 $332,000
2015 $8,999 $478,400 $146,400 $332,000
2014 $8,850 $478,400 $146,400 $332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170180440

SmartMLS

APN: OSAY-000064-000009