NOT LISTED FOR SALE

162 Sandy Point Rd Old Saybrook, CT 06475

Estimated Value: $555,000 - $636,000

2 Beds
1.5 Baths
1,407 Sq Ft
$627/mo HOA Fee

Last Sold November 30, 2023

Last sale price $545,000 $387 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,314/month

28 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Finished Attic
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • Attic

About This Home

As of November 2023

Nestled along the tranquil shores of Long Island Sound, this is waterfront living at it's finest! Rare waterfront condo at Summerwood, with sandy beach just steps away from your deck. Amazing opportunity for year-round living in a vacation like community. Condo amenities include pickleball courts, tennis courts, and an in-ground pool. Kitchen has new sliding glass door that leads to the deck, overlooking the beach and Long Island Sound. Fireplace in living room for cozy nights. Primary bedroom has water views and 2 walk in closets. Spiral staircase to finished loft/attic with skylight and closet. First level laundry. Central air. Close to shopping, restaurants, and I-95. Schedule your showing today. Don't miss this opportunity for shoreline living in Old Saybrook!

Last Agent to Sell the Property

Molly Bruno

The Utopia Real Estate Company License #REB.0795126 Listed on: 10/15/2023

Last Buyer's Agent

Liz Eckert

William Raveis Real Estate License #RES.0784453

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $627 Monthly HOA Fees

Home Design

  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,407 Sq Ft Home
  • 1 Fireplace
  • Awning
  • Entrance Foyer
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 1 Parking Space
  • Parking Deck

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1024822

Community Details

Overview

  • Association fees include tennis, lake/beach access, grounds maintenance, trash pickup, snow removal, sewer, property management, pool service, flood insurance
  • 75 Units
  • Property managed by White & Katzman

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,816

Year Built

Built in 1978

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1407
  • Total Sq Ft: 1407
  • Year Built: 1978
  • New Construction: No/Resale
  • Nearby Amenities: Paddle Tennis, Shopping/Mall, Tennis Courts
  • Association Amenities: Pool, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Boats, Trailer(S), Truck(S), Flood Plain Restrictions
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1692
  • Directions: Turn onto Sandy Point, follow to the end of the road to the last building.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1407
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Finished
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: first floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 162

Exterior Features

  • Exterior Features: Awnings, Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Direct Waterfront L. I. Sound Frontage Beach View
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 1
  • Garage And Parking: Paved, Off Street Parking, Assigned Parking

Utilities

  • Cooling System: Central Air, Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Sewer, Property Management, Pool Service, Flood Insurance
  • Levels In Unit: 3
  • HOA Fees: 627
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: dongrabon@wkmanage.com
  • Property Manager Name: Don Grabon
  • Property Mgt Company Name: White & Katzman
  • Property Mgt Phone: 860-291-8777
  • Total Number of Units In Complex: Summerwood Condo

Schools

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

Lot Info

  • Lot Description: Water View Level Lot
  • Flood Zone: Yes
  • Zoning: MDL
  • Parcel #: 1024822

Rental Info

  • Pets Allowed Info: 1 cat or dog per unit, se
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 75

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4816
  • Total Assessed Value: 235400
  • Mil Rate Total: 20.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Nov 28, 2023
Sold by
Atkinson Robert D and Atkinson Jane W
Bought by
Savoy Real Estate Llc
Seller's Agent
Molly Bruno
The Utopia Real Estate Company
Buyer's Agent
Liz Eckert
William Raveis Real Estate
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Views
97
Current Estimated Value
$593,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,831
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Dec 1, 1982
Bought by
Atkinson Robert D and Atkinson Jane W
Source: Public Records

Range of Values:

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Average Value
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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
Savoy Real Estate Llc $545,000 None Available
Atkinson Robert D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $545,000 -0.9% $387 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $550,000 -- $391 / 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 $5,716 $368,800 $0 $368,800
2024 $5,606 $368,800 $0 $368,800
2023 $4,816 $235,400 $0 $235,400
2022 $4,727 $235,400 $0 $235,400
2021 $4,720 $235,400 $0 $235,400
2020 $4,720 $235,400 $0 $235,400
2019 $4,649 $235,400 $0 $235,400
2018 $5,041 $257,200 $0 $257,200
2017 $5,057 $257,200 $0 $257,200
2016 $4,954 $257,200 $0 $257,200
2015 $4,838 $257,200 $0 $257,200
2014 $4,758 $257,200 $0 $257,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170603005

SmartMLS

APN: OSAY-000017-000022-G000042