NOT LISTED FOR SALE

Estimated Value: $581,000 - $740,000

2 Beds
2 Baths
1,898 Sq Ft
$602/mo HOA Fee

Last Sold April 24, 2020

Last sale price $330,500 $174 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,922/month

195 Days on Market

Highlights

  • Beach Front
  • Pool House
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of April 2020

Year round shoreline living at Summerwood on the Sound! Dig your toes in the sand at your private beach, take a splash in your sparkling pool, play a few sets of tennis, and then lean back and enjoy the magnificent Long Island Sound views from your deck. Almost 1900 s.f. unit with views of Long Island Sound, tidal marsh and river. Main level includes open floor plan with hardwood floors, living room with fireplace, dining room opening to deck, den/family room adjacent to a full bath which may be used as a first floor bedroom. Upper level includes Master bedroom with two large walk-in closets and terrific water views and guest bedroom with walk-in closet. Lots of storage space including full basement and second floor storage rooms. The Association provides many amenities: private beach on LIS, wonderful pool and pool house, tennis courts, basketball court, pickle ball court. The monthly condo fee also includes flood insurance. There is a live-in caretaker on site as well. A perfect year round or seasonal home in quaint Old Saybrook with close proximity to 95, Route 9 and Old Saybrook train station for easy commuting to Boston, NYC, Hartford, Providence and New Haven.

Last Listed By

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 09/04/2019

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,961

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • Home fronts a sound

HOA Fees

  • $602 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Concrete Flooring
  • Water Views
  • Attic Floors

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Parking Deck
  • Guest Parking
  • Visitor Parking

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Kathleen E. Goodwin Elementary School
  • Old Saybrook High School

Utilities

  • Central Air
  • Floor Furnace
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, grounds maintenance, trash pickup, snow removal, property management, pest control, pool service, road maintenance, flood insurance
  • 75 Units
  • Summerwood 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

$5,961

Year Built

Built in 1978

Lot Details

0

HOA Fees

$602 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1898
  • Public Record Living Room Sq Ft: 1898
  • Total Sq Ft: 1898
  • Year Built: 1978
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Shopping/Mall, Walk to Bus Lines
  • Association Amenities: Basketball Court, Guest Parking, Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Boats, Trailer(S), Truck(S)
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: $90/ month - roof assessment
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2002
  • Directions: Boston Post Rd. to Summerwood/ Sandy Point Rd. #124 is on right
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Floored
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 124

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: L. I. Sound Frontage, Beach, View, Walk to Water
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Pest Control, Pool Service, Road Maintenance, Flood Insurance
  • Complex Name: Summerwood
  • Levels In Unit: 2
  • HOA Fees: 602
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Don Grabon
  • Property Mgt Company Name: White & Katzman
  • Property Mgt Phone: (860) 291-8777

Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle School: Per Board of Ed
  • High School: Old Saybrook
  • Intermediate School: Per Board of Ed

Lot Info

  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5961
  • Total Assessed Value: 301800
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1024804

Multi Family

  • Total Num Of Units: 75

MLS Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle Jr High School: Per Board of Ed
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Apr 22, 2020
Sold by
Fuller Rebecc M
Bought by
Hamm Liza H
Seller's Agent
Margaret Muir
William Pitt Sotheby's Int'l
Buyer's Agent
Joseph Rhodes
Coldwell Banker Realty
List Price
$425,000
Sold Price
$330,500
Premium/Discount to List
-$94,500
-22.24%
Total Days on Market
195
Current Estimated Value
$668,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,635
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Jan 31, 2005
Sold by
Stern Claire
Bought by
Fuller Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.76%

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
Hamm Liza H $330,500 None Available
Fuller Rebecca $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Rebecca $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $330,500 -7.9% $174 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $359,000 -5.3% $189 / Sq Ft
10/31/2019 10/31/19 Price Changed $379,000 -4.1% $200 / Sq Ft
10/02/2019 10/02/19 Price Changed $395,000 -7.1% $208 / Sq Ft
09/04/2019 09/04/19 For Sale $425,000 -- $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
2024 $7,179 $472,300 $0 $472,300
2023 $6,172 $301,800 $0 $301,800
2022 $6,060 $301,800 $0 $301,800
2021 $6,051 $301,800 $0 $301,800
2020 $6,051 $301,800 $0 $301,800
2019 $5,961 $301,800 $0 $301,800
2018 $4,816 $245,700 $0 $245,700
2017 $4,830 $245,700 $0 $245,700
2016 $4,732 $245,700 $0 $245,700
2015 $4,622 $245,700 $0 $245,700
2014 $4,545 $245,700 $0 $245,700
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170231192

SmartMLS

APN: OSAY-000017-000022-D000023