NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,141,000

5 Beds
4.5 Baths
2,884 Sq Ft
$386/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $1,125,000 $390 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,128/month

28 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Open Floorplan
  • Kathleen E. Goodwin School Rated A-
  • 2.09 Acre Lot
  • Colonial Architecture

About This Home

As of October 2024

Welcome home to your own private resort in desirable Otter Cove! Step into this exquisite home featuring a bright and open floor plan with a stunning custom built kitchen with master craftsman cabinetry, expansive center island and counters with Carrara marble. The kitchen features high end fittings, including double wall ovens, 6 burner gas range-top and pot filler, double dishwashers, ice maker, coffee bar and wine refrigerator. The kitchen opens to a beautiful stone patio overlooking the pool where you can enjoy both sun and shade throughout the day. A separate butler's pantry makes entertaining a breeze, and the open floor plan features a dining area, a cozy family room with a fireplace creating an ideal setting for gatherings with family and friends, as well as an airy sunroom with plenty of sunshine and access to a new stone patio. Recent renovations feature a beautiful and functional mudroom, laundry room and main level half bath, fully renovated first floor primary bedroom suite featuring large walk-in closet and spa like full bath with double sinks, large free standing tub, heated floors and oversized marble shower with multiple shower heads, The house features an upstairs primary bedroom suite with full bath and walk-in closet along with 3 additional generously sized bedrooms and a fully renovated bathroom. The partially finished basement offers additional living space perfect for a play room/gym and plenty of storage, as well as a full bathroom.

Last Listed By

Sharon Linder

Berkshire Hathaway NE Prop. License #RES.0800369 Listed on: 08/28/2024

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,617

Year Built

  • Built in 1971

Lot Details

  • 2.09 Acre Lot
  • Garden
  • Property is zoned AA-3

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • Automatic Garage Door Opener

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 2,884 Sq Ft Home
  • Open Floorplan
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Air Source Heat Pump
  • Heating System Uses Oil
  • Private Company Owned Well
  • Tankless Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Property is near a golf course
  • Barn

Community Details

  • Association fees include lake/beach access

Listing and Financial Details

  • Exclusions: The dining room chandelier
  • Assessor Parcel Number 1029482

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,617

Year Built

Built in 1971

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Neighborhood: Otter Cove
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2884
  • Total Sq Ft: 2884
  • Year Built: 1971
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Park
  • Remarks Public Addendum: Otter Cove provides private beach access to the Connecticut River perfect for kayaking or paddleboarding, as well as the Turtle Creek Nature Preserve with hiking trails and river access. Old Saybrook two town beaches, Main Street's shops, restaurants, The Kate Cultural Arts Center, Town Park, The Preserve for hiking trails, Saybrook Point ,Fenwick Golf Course, marinas and Essex are a short drive away. Convenient to I95 and Route 9 and train station. Don't miss this!
  • Exclusions: The dining room chandelier
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Storage, Interior Access, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Freezer, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Shed, Barn, Gutters, Garden Area, Lighting, Patio
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Concrete

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Central Air, Split System
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 474
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Acres: 2.09
  • Lot Description: Lightly Wooded Dry Level Lot
  • Zoning: AA-3
  • Parcel #: 1029482

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10617
  • Total Assessed Value: 698500
  • Mil Rate Total: 15.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Oct 3, 2024
Sold by
Cika Scott R and Cika Lesley A
Bought by
Demello Zelia C
Seller's Agent
Sharon Linder
Berkshire Hathaway NE Prop.
Buyer's Agent
Robbie Salvatore
Keller Williams Realty
List Price
$1,075,000
Sold Price
$1,125,000
Premium/Discount to List
$50,000
4.65%
Total Days on Market
28
Views
38
Current Estimated Value
$1,113,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,599
Avg. Annual Appreciation
-1.77%
Original Mortgage
$730,000
Outstanding Balance
$724,949
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,452

Purchase Details

Closed on
Jan 19, 2016
Sold by
Unknown
Bought by
Cika Scott R

Purchase Details

Closed on
Jan 27, 2006
Sold by
Atkinson Peter
Bought by
Roberts David and Roberts Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.34%

Range of Values:

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Average Value
Not Available
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
Demello Zelia C $1,125,000 None Available
Demello Zelia C $1,125,000 None Available
Cika Scott R -- --
Roberts David $695,000 --
Cika Scott R -- --
Roberts David $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demello Zelia C $730,000
Closed Demello Zelia C $730,000
Previous Owner Atkinson Peter $61,400
Previous Owner Atkinson Peter $551,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $1,125,000 +4.7% $390 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $1,075,000 +95.5% $373 / Sq Ft
03/08/2013 03/08/13 Sold $550,000 -6.0% $207 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $585,000 -- $220 / 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 $10,617 $698,500 $230,300 $468,200
2023 $8,969 $438,600 $140,000 $298,600
2022 $8,807 $438,600 $140,000 $298,600
2021 $8,794 $438,600 $140,000 $298,600
2020 $8,796 $438,700 $140,100 $298,600
2019 $8,196 $415,000 $140,100 $274,900
2018 $7,865 $401,300 $140,100 $261,200
2017 $7,890 $401,300 $140,100 $261,200
2016 $7,729 $401,300 $140,100 $261,200
2015 $7,548 $401,300 $140,100 $261,200
2014 $7,424 $401,300 $140,100 $261,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24038459

SmartMLS

APN: OSAY-000064-000032