125 Main St Old Saybrook, CT 06475
Estimated payment $13,818/month
Total Views
28,772
1
Bed
1.5
Baths
7,985
Sq Ft
$294
Price per Sq Ft
Highlights
- Level Lot
- Mini Split Air Conditioners
- 5-minute walk to Old Saybrook Parks & Recreation
- Kathleen E. Goodwin School Rated A-
About This Home
Price reduction! Great opportunity to own a mixed use property on Main Street in Old Saybrook. Established salon with long term lease on first floor. Second floor has one bedroom apartment which can easily add more bedrooms or use as office space. Third floor currently occupied by two businesses and can be converted into apartment if the need arises. Prime location near The Kate and all downtown businesses. Easy access to Rt I-95 and Rt 9. Additionally there is a large 25 car parking lot in the rear of the building that has potential for future development. Perfect chance to live downtown and have positive cash flow.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,044
Year Built
- Built in 1918
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Property is zoned B-1
Parking
- 25 Parking Spaces
Home Design
- 7,985 Sq Ft Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Schools
- Old Saybrook High School
Utilities
- Mini Split Air Conditioners
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 1027188
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,044 | $595,000 | $136,400 | $458,600 |
| 2023 | $12,125 | $592,900 | $110,200 | $482,700 |
| 2022 | $11,905 | $592,900 | $110,200 | $482,700 |
| 2021 | $11,888 | $592,900 | $110,200 | $482,700 |
| 2020 | $11,890 | $593,000 | $110,300 | $482,700 |
| 2019 | $11,712 | $593,000 | $110,300 | $482,700 |
| 2018 | $11,350 | $579,100 | $170,000 | $409,100 |
| 2017 | $11,385 | $579,100 | $170,000 | $409,100 |
| 2016 | $11,153 | $579,100 | $170,000 | $409,100 |
| 2015 | $10,893 | $579,100 | $170,000 | $409,100 |
| 2014 | $13,955 | $754,300 | $170,000 | $584,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Price Changed | $2,345,000 | -6.0% | $294 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $2,495,000 | -- | $312 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Available | |
| Warranty Deed | $51,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Old Saybrook, CT
Source: SmartMLS
MLS Number: 24063444
APN: OSAY-000037-000016
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