NOT LISTED FOR SALE

15 Otter Cove Dr Old Saybrook, CT 06475

Estimated Value: $796,000 - $916,710

4 Beds
2.5 Baths
2,548 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $475,000 $186 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,310/month

269 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 2.8 Acre Lot
  • Kathleen E. Goodwin School Rated A-
  • Home fronts a pond
  • Colonial Architecture

About This Home

As of July 2017

A Splendid Buy! Countrified setting yet convenient to everything. Stylish 9 room/4- 5 bedroom Gambrel style home offers 2550 square feet plus additional finished space in lower level making a perfect playroom, exercise room or office. Stunning and large front to back formal living room with fireplace, formal dining room, updated kitchen with granite counter tops and nice dining area with picture window, hardwood floors thru out the home. Generous sized master bedroom with en suite. This home boasts many recent upgrades such as: newer windows, vinyl siding, drilled well, bathrooms and more. A home with space where you can stretch out on approximately 3 acres and access to 2 spring fed ponds- you will enjoy the private and restful lifestyle.
This home is located in a District of Old Saybrook that offers its 50 residents -private reserve areas, open wooded space, a beach along the CT River and walking trails . A vast 200 acre haven with stately residential homes all on no less than 2 acres- like no other area in town, while retaining convenience.

Last Agent to Sell the Property

Susan Malton

Coldwell Banker Realty License #RES.0757374 Listed on: 08/12/2016

Coldwell Banker Realty

Last Buyer's Agent

Arlene Soden

William Raveis Real Estate License #RES.0642975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,739

Year Built

  • Built in 1962

Lot Details

  • 2.8 Acre Lot
  • Home fronts a pond
  • Partially Wooded Lot
  • Garden

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Water Views
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include lake/beach access, trash pickup
  • Otter Cove Association Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,739

Year Built

Built in 1962

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2548
  • Year Built: 1962
  • Nearby Amenities: Private Rec Facilities
  • Association Amenities: Private Rec Facilities
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt 154 to Otter Cove Drive ( Entrance to Otter Cove ) Stay on Otter Cove Dr. home on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Concrete Floor, Partially Finished, Partial With Hatchway
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Range Hood, Wall Oven, Washer
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Shed, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Access, Beach Rights, Pond, View, Walk to Water, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt, Crushed Stone

Utilities

  • Cooling System: Attic Fan, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Trash Pickup
  • HOA Fees: 250
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle School: PBOE
  • High School: Old Saybrook
  • Intermediate School: Old Saybrook

Green Features

  • Energy Features: Extra Insulation, Storm Windows

Lot Info

  • Acres: 2.8000
  • Lot Description: Lightly Wooded, Water View
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 7739
  • Total Assessed Value: 401800
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1029444

MLS Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle Jr High School: PBOE
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Jul 13, 2017
Sold by
Hastedt William R and Hastedt Denise K
Bought by
Ayer John R and Ayer Jennifer A
Seller's Agent
Susan Malton
Coldwell Banker Realty
Buyer's Agent
Arlene Soden
William Raveis Real Estate
List Price
$599,000
Sold Price
$475,000
Premium/Discount to List
-$124,000
-20.7%
Total Days on Market
269
Current Estimated Value
$862,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,678
Avg. Annual Appreciation
7.83%
Original Mortgage
$380,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2000
Sold by
Wetmore Eleanor L
Bought by
Hastedt William R and Hastedt Denise K
Source: Public Records

Similar Homes in the area

  • 12 4th Ave, Old Saybrook, CT 06475

    $995,900

    • 3 Beds
    • 2 Baths
    • 2,297 Sq Ft
    • 12 4th Ave
    • Old Saybrook, CT

    Nestled on Ferry Point, where the Ct River meets the L.I. Sound, this charming waterfront home offers breathtaking views and direct access to the water. The private dock, complete with Jet ski port and well suited to an array of different boat designs,invites endless maritime adventures. Enjoy watching Osprey on their nest along with boats drifting by from the kitchen, living room, and dining

    Maddy Mattson Coldwell Banker Realty

    Section Image
  • 86 Chalker Beach Rd, Old Saybrook, CT 06475

    $949,000

    • 4 Beds
    • 2 Baths
    • 2,249 Sq Ft
    • 86 Chalker Beach Rd
    • Old Saybrook, CT

    Welcome to Year-Round Beach Living with Room to Spare! Welcome to 86 Chalker Beach Rd. Do you desire a year-round beach home with plenty of space? Look no further! Welcome to 86 Chalker Beach Rd-your gateway to coastal living in one of Old Saybrook's most vibrant beach communities. With nearly 2,300 square feet of living space, this rare find offers four spacious bedrooms and two full bathrooms,

    Jodi Serapilia William Raveis Real Estate

    Section Image
  • 4 Ridgewood Dr, Old Saybrook, CT 06475

    $785,000

    • 4 Beds
    • 3 Baths
    • 2,843 Sq Ft
    • 4 Ridgewood Dr
    • Old Saybrook, CT

    This meticulously maintained home welcomes you with warm pine floors, chef's kitchen with granite countertops, expansive island and gas stove top with a seamless flow to the family room with cozy fireplace, cathedral ceilings, French doors to beautiful patio and dining room with breakfast bar. Fully renovated primary bedroom suite on the first floor featuring dual walk-in closets, bathroom with

    Sharon Linder Berkshire Hathaway NE Prop.

    Section Image
  • 27 Birch St, Old Saybrook, CT 06475

    $775,000

    • 4 Beds
    • 3 Baths
    • 2,100 Sq Ft
    • 27 Birch St
    • Old Saybrook, CT

    Welcome to this beautifully updated 4 bedroom, 3 full bath home nestled in the heart of picturesque Old Saybrook. This property is perfectly situated within walking distance to town and close to beaches, yet tucked away on a quiet dead end street that feels worlds apart. Enjoy the best of both worlds, convenience and tranquility. Step onto the charming front porch, perfect for enjoying your

    Jennifer Pagan RE/MAX One

    Section Image
  • 18 W King St, Old Saybrook, CT 06475

    $725,000

    • 3 Beds
    • 3.5 Baths
    • 5,016 Sq Ft
    • 18 W King St
    • Old Saybrook, CT

    Airbnb-Ready Shoreline Investment with In-Law Flexibility - 18 King Street, Old Saybrook An unbeatable opportunity for savvy investors: 18 King Street is a versatile, income-producing property in the heart of Old Saybrook, perfectly designed for Airbnb hosting, in-law accommodations, and long-term rental income. This updated ranch-style home offers over four spacious bedrooms and three and a

    Jennifer Gurnell William Raveis Real Estate

    Section Image
  • 7 Beaver Dam Trail, Old Saybrook, CT 06475

    $699,000

    • 3 Beds
    • 2.5 Baths
    • 1,870 Sq Ft
    • 7 Beaver Dam Trail
    • Old Saybrook, CT

    Welcome to your dream shoreline home in Old Saybrook-where small-town charm meets modern luxury. Set on a quiet cul de sac just minutes from the beach, schools, and shops, this like-new Colonial has been fully renovated and offers everything a young family could want. Inside, you'll find gleaming hardwood floors, a stunning new kitchen with leathered granite counters, center island, and breakfast

    Joel Lucas Coldwell Banker Realty

    Section Image
  • 1414 Essex Rd, Westbrook, CT 06498

    $659,000

    • 3 Beds
    • 2.5 Baths
    • 2,665 Sq Ft
    • 1414 Essex Rd
    • Westbrook, CT

    This custom designed cape features an open floor plan, hardwood floors flow through the main living area complementing living room, kitchen and dining room. The gourmet kitchen features granite countertops, expansive island perfect for entertaining, double dishwasher and a wine chiller, living room with cathedral ceiling and stone fireplace. The primary bedroom suite is on the main level complete

    Sharon Linder Berkshire Hathaway NE Prop.

    Section Image
  • 24 Lynde St, Old Saybrook, CT 06475

    $799,900

    • 4 Beds
    • 2.5 Baths
    • 2,756 Sq Ft
    • 24 Lynde St
    • Old Saybrook, CT

    Come see this wonderful, in-town home, offered for sale for the first time in 30 years. This stunning home, on a lovely half-acre, has a blend of old & new with a gourmet kitchen featuring a wood pizza oven. Built in the 19th century, expanded in 2005, this home is a comfortable charming mix of antique & modern floor plans. Conveniently located just a short walk to town, train, grocery stores,

    Carol York For Sale By Owner Connecticut

    Section Image
  • 134 School House Rd, Old Saybrook, CT 06475

    $925,000

    • 4 Beds
    • 2.5 Baths
    • 4,559 Sq Ft
    • 134 School House Rd
    • Old Saybrook, CT

    A private estate minutes from the shore-welcome to 134 School House Road. Tucked away on a beautiful 3.4 acres, this 4,500 sq ft custom Colonial offers timeless elegance and unparalleled privacy in one of Old Saybrook's most coveted locations. A winding driveway leads you to a stately residence surrounded by nature. Inside, hardwood floors, three fireplaces, and formal living and dining spaces

    Tina Rupp William Pitt Sotheby's Int'l

    Section Image

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
Ayer John R $475,000 --
Hastedt William R $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayer John R $356,762
Closed Hastedt William R $380,000
Previous Owner Hastedt William R $100,000
Previous Owner Hastedt William R $150,000
Previous Owner Hastedt William R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $475,000 -2.5% $186 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/01/2017 05/01/17 Price Changed $487,000 -11.0% $191 / Sq Ft
02/12/2017 02/12/17 Price Changed $547,000 -8.7% $215 / Sq Ft
08/12/2016 08/12/16 For Sale $599,000 -- $235 / 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 $8,530 $561,200 $231,700 $329,500
2023 $7,143 $349,300 $141,500 $207,800
2022 $7,014 $349,300 $141,500 $207,800
2021 $7,003 $349,300 $141,500 $207,800
2020 $7,003 $349,300 $141,500 $207,800
2019 $6,899 $349,300 $141,500 $207,800
2018 $7,771 $396,500 $141,500 $255,000
2017 $7,795 $396,500 $141,500 $255,000
2016 $7,637 $396,500 $141,500 $255,000
2015 $7,458 $396,500 $141,500 $255,000
2014 $7,335 $396,500 $141,500 $255,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10150536

SmartMLS

APN: OSAY-000064-000004