NOT LISTED FOR SALE

15 N Main St Old Saybrook, CT 06475

0.8 Acre
-- Price per Acre
34,848 Sq Ft Lot

Last Sold September 12, 2016

Last sale price $540,000 $98 Per Sq Ft

287 Days on Market

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • Level Lot
  • Kathleen E. Goodwin School Rated A-
  • Baseboard Heating

About This Lot

As of September 2016

Price Reduced due to fire at property - Value is the land, which is an ideal location right at Rt1 (Boston Post Rd) and Main ST intersection. Structure is NOT being rebuilt by current owner. Bring your dreams and desires to create your ideal use right at the entrance to downtown Old Saybrook. Past use (before fire) was mixed use of commercial and multiple residences. Zone is Shopping Center B2 district, which allows "limited restaurant or other indoor food service establishment" with special exception approval. B2 uses include retail, service(s), & office. (See Zoning B2 section for full allowed & special exception required uses). Paved & unpaved parking.
North Main Street is on the cusp of some improvements / changes & you can be a part of it to create your vision which might be to create a new shopping development, approved food service, or mixed uses of shopping, office, & retail. Lots of possibilities. High walkability area.
Projects slated for N Main Street are additional commuter train parking spaces (currently underway), a multi-building apartment complex (currently underway), & future improvements for pedestrian traffic, including sidewalks. Current Parking Lot is not striped so not sure of number of spaces. Town of Old Saybrook owns the parking space across the street in front of the Monkey Farm. This is PUBLIC parking.

Last Agent to Sell the Property

Debbie Warren

Property-Innovations License #REB.0788645 Listed on: 06/02/2015

Last Buyer's Agent

Non Member

SmartMLS II, Inc. License #9999999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1815

Lot Details

  • 0.8 Acre Lot
  • Level Lot
  • Property is zoned Shopping Center B2

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 5,536 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Fuel Tank Located in Ground

Listing and Financial Details

  • Exclusions: Trade Fixtures, Business, and Inventory. Personal Property in Residential Spaces.

Property Details

Property Type

Land

Est. Annual Taxes

$6,717

Year Built

Built in 1815

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 5536
  • Year Built: 1815
  • Property Sub Type: Commercial Land
  • Easements Right Of Way: Yes
  • Exclusions: Trade Fixtures, Business, and Inventory. Personal Property in Residential Spaces.
  • Potential Use: All under Shopping Center B2 Zoning plus existing residential
  • Present Use: Retail Sales/Service and Residential
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 154/Rt 1 Intersection, head N in direction of train station to #15. (I95 exit is 67)
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Living Space Available
  • Flooring: Tile, Vinyl, Wood
  • Stories Number Of: 2
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Pole Sign
  • Roof Information: Asphalt Shingle
  • Road Frontage Approximate: 162

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot, Paved
  • Parking Spaces Uncovered: 8

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil, Propane, Wood
  • Fuel Tank Location: In Ground
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 100

Schools

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

Lot Info

  • Acres: 0.8000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Shopping Center B2

Green Features

  • Environmental Assessment: No

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 1

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 6717
  • Total Assessed Value: 348800
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1027402

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
Jun 2, 2015
Closed on
Sep 13, 2016
Sold by
Davis Thomas E
Bought by
15 N Main St Llc
Seller's Agent
Debbie Warren
Property-Innovations
Buyer's Agent
Non Member
SmartMLS II, Inc.
List Price
$875,000
Sold Price
$540,000
Premium/Discount to List
-$335,000
-38.29%

Purchase Details

Closed on
Dec 15, 2005
Sold by
Cannata Michael and Cannata Deborah
Bought by
Usairs

Purchase Details

Closed on
Apr 27, 1984
Bought by
Davis Thomas E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
15 N Main St Llc $540,000 --
Usairs $369,000 --
Davis Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Thomas E $35,000
Previous Owner Davis Thomas E $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $540,000 -38.3% $98 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
06/02/2015 06/02/15 For Sale $875,000 -- $158 / 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 $0 $849,100 $319,800 $529,300
2024 $6,718 $849,100 $319,800 $529,300
2023 $6,718 $783,100 $260,800 $522,300
2022 $0 $783,100 $260,800 $522,300
2021 $0 $783,100 $260,800 $522,300
2020 $6,718 $783,100 $260,800 $522,300
2019 $0 $783,100 $260,800 $522,300
2018 $6,718 $1,011,900 $262,700 $749,200
2017 $6,718 $569,400 $262,700 $306,700
2016 $6,718 $348,800 $262,700 $86,100
2015 $6,561 $348,800 $262,700 $86,100
2014 $6,453 $348,800 $262,700 $86,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10051749

SmartMLS

APN: OSAY-000040-000006