NOT LISTED FOR SALE

120 Sandy Point Rd Old Saybrook, CT 06475

Estimated Value: $557,000 - $636,000

2 Beds
2.5 Baths
1,557 Sq Ft
$538/mo HOA Fee

Last Sold December 22, 2020

Last sale price $310,000 $199 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,287/month

6 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Covered Deck
  • Kathleen E. Goodwin School Rated A-
  • 1 Fireplace
  • Property is near shops

About This Home

As of December 2020

Summerwood by the Sound is the ideal location to enjoy every season by the water! This wonderful community has its own private beach, pool area, tennis & basketball court to enjoy in the warmer months. This unit offers 2 bedrooms, 2 1/2 baths, a newer central air system, hardwood floors & carpet. The kitchen has access to the covered deck & all of the rear facing windows allow marsh views in the winter months. There is even a loft area found on the 3rd floor which is accessed by a spiral staircase...ideal for a private office, extra sleeping space or overflow hang out space. The living room has newer carpet & a fireplace to enjoy on those chilly evenings. Hardwood flooring is found in the kitchen & dining areas with a breakfast bar for enjoying morning coffee. The laundry is conveniently located on the first floor as well as a powder room. On the 2nd floor is a spacious master bedroom which is located in the rear of the unit with its ensuite full bath & large walk in closet. In addition, there is a 2nd bedroom & another full bath. The monthly HOA fee includes: flood insurance for the unit, shared septic, landscaping, snow removal, building maintenance, and insurance for the common areas. Whether enjoying the sun in the warm summer months or taking a walk on the beach in the winter...if you're lucky enough to live by the beach, YOU'RE LUCKY.

Last Agent to Sell the Property

Lori Meyerson

Coldwell Banker Realty License #RES.0464261 Listed on: 11/24/2020

Coldwell Banker Realty

Co-Listed By

Vicki Leeds

Berkshire Hathaway NE Prop. License #RES.0764853

Last Buyer's Agent

Ron Vliet

Portal Connecticut Realty, LLC License #REB.0790539

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • Home fronts a sound

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,557 Sq Ft Home
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Location

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include tennis, lake/beach access, grounds maintenance, snow removal, property management, pool service, insurance, flood insurance
  • 75 Units
  • Summerwood By The Sound Community
  • Property managed by White & Katzman

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,281

Year Built

Built in 1978

Lot Details

0

HOA Fees

$538 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1557
  • Public Record Living Room Sq Ft: 1557
  • Total Sq Ft: 1557
  • Year Built: 1978
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Shopping/Mall
  • Association Amenities: Basketball Court, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Renting, Boats, Trailer(S), Truck(S), Flood Plain Restrictions
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: Paid off by seller
  • Public Record Gross Sq Ft: 1794
  • Directions: Boston Post Rd to Summerwood to #120 Sandy Point Rd on the right
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 120

Exterior Features

  • Exterior Features: Covered Deck, Sidewalk, Tennis Court
  • Exterior Siding: Clapboard
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Association Required, Beach
  • Swimming Pool: Yes
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Unassigned Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Grounds Maintenance, Snow Removal, Property Management, Pool Service, Insurance, Flood Insurance
  • Complex Name: Summerwood by the Sound
  • Levels In Unit: 3
  • HOA Fees: 538
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: dongrabon@wkmanage.com
  • Property Manager Name: Don Grabon
  • Property Manager Phone: x148
  • Property Mgt Company Name: White & Katzman
  • Property Mgt Phone: 860-291-8777

Schools

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

Lot Info

  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5281
  • Total Assessed Value: 263400
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1024802

Multi Family

  • Total Num Of Units: 75

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 18, 2020
Sold by
Wilder Michael S
Bought by
Ferrara Steven A and Ferrara Lucille R
Seller's Agent
Lori Meyerson
Coldwell Banker Realty
Buyer's Agent
Ron Vliet
Portal Connecticut Realty, LLC
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$588,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,097
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Jun 18, 1990
Sold by
Kappes Carl H
Bought by
Wilder Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.54%
Source: Public Records

Range of Values:

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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
Ferrara Steven A $310,000 None Available
Wilder Michael S $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilder Michael S $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $310,000 +3.4% $199 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $299,900 -- $193 / 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 $6,522 $420,800 $0 $420,800
2024 $6,396 $420,800 $0 $420,800
2023 $5,387 $263,400 $0 $263,400
2022 $5,289 $263,400 $0 $263,400
2021 $5,281 $263,400 $0 $263,400
2020 $5,281 $263,400 $0 $263,400
2019 $5,202 $263,400 $0 $263,400
2018 $3,883 $198,100 $0 $198,100
2017 $3,895 $198,100 $0 $198,100
2016 $3,815 $198,100 $0 $198,100
2015 $3,726 $198,100 $0 $198,100
2014 $3,665 $198,100 $0 $198,100
Source: Public Records

Agents Affiliated with this Home

  • Lori Meyerson

    Seller's Agent in 2020

    Lori Meyerson

    Coldwell Banker Realty

    (860) 983-4792

    1 in this area

    84 Total Sales

    Lori Meyerson
    Section Image
  • Vicki Leeds

    Seller Co-Listing Agent in 2020

    Vicki Leeds

    Berkshire Hathaway Home Services

    (860) 966-8788

    5 in this area

    28 Total Sales

    Vicki Leeds
    Section Image
  • Ron Vliet

    Buyer's Agent in 2020

    Ron Vliet

    Portal Connecticut Realty, LLC

    (860) 490-5614

    1 in this area

    41 Total Sales

    Ron Vliet
    Section Image
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Map

Source: SmartMLS

MLS Number: 170357101

SmartMLS

APN: OSAY-000017-000022-D000021

Connecticut Middlesex County Old Saybrook 06475

120 Sandy Point Rd, Old Saybrook, CT

This home is located at 120 Sandy Point Rd, Old Saybrook, CT 06475 since 24 November 2020 and is currently estimated at $588,097, approximately $377 per square foot. This property was built in 1978. 120 Sandy Point Rd is a home located in Middlesex County with nearby schools including Kathleen E. Goodwin School, Old Saybrook Middle School, and Old Saybrook Senior 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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