NOT LISTED FOR SALE

15 Otter Cove Dr Old Saybrook, CT 06475

Estimated Value: $617,000 - $942,255

4 Beds
2.5 Baths
2,548 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 12, 2017

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

Est. 75% increase in value since last sale

Current estimated payment $5,277/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%
Current Estimated Value
$831,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,564
Avg. Annual Appreciation
7.57%
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

Range of Values:

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List 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
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
2025 $8,699 $561,200 $231,700 $329,500
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

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Map

Source: SmartMLS

MLS Number: N10150536

SmartMLS

APN: OSAY-000064-000004