NOT LISTED FOR SALE

Estimated Value: $5,077,000 - $6,043,000

4 Beds
5.5 Baths
4,345 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $4,725,000 $1,087 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $34,080/month

48 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Colonial Architecture
  • King's Highway Elementary School Rated A+
  • Spa
  • Home Energy Rating Service (HERS) Rated Property

About This Home

As of September 2021

Multi Hobi Award winning waterfront estate with exceptional large dock and ocean access in Westport's Covlee Estates. Surround yourself with sunrises and glistening waters with incredible views and tall ceilings fit for a palace. This home is elegantly elevated on on .81 acres of pristine manicured land. 190 degree view of Bermuda Lagoon from the most central and elevated point on the water. Enjoy a short boat ride to the channel or kayak to the estuary with a 2nd private association beachfront. Captivating master with private gym, veranda and a closet that has electronic arms to "deliver your clothes". Steam shower, out door hot tub and radiant floors. Three additional en-suite bedrooms decentralized for privacy and commanding library (Hobi). Gracious entertainment space with a sunk in sun room boasting all glass doors that open 100% to the sound. An elevator transports you to all three floors with a push of a button. The third floor offers an additional family room or staff quarters or wonderful office with bath and water views. Whole house generator keeps you out of the dark and 1,000 gallon propane. Covlee Beach is a private beach only steps away. Exceptional technology & automation throughout including automatic shades. Home is powered by geothermal & solar energy making it a super star in the elimination of carbon footprint. Zero expense on equipment to new owner. Flood Code compliant. By appointment only.

Last Agent to Sell the Property

Janet Tatusko

William Pitt Sotheby's Int'l License #RES.0767324 Listed on: 05/25/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Janet Tatusko

William Pitt Sotheby's Int'l License #RES.0767324 Listed on: 05/25/2021

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,549

Year Built

  • Built in 2016

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Shake Siding

Interior Spaces

  • 4,345 Sq Ft Home
  • Elevator
  • Entertainment System
  • Sound System
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Workshop
  • Home Gym
  • Water Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Parking

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

Accessible Home Design

  • Grab Bar In Bathroom

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy-Efficient Lighting
  • Home Performance with ENERGY STAR
  • Heating system powered by active solar

Outdoor Features

  • Spa
  • Beach Access
  • Balcony
  • Covered Deck
  • Enclosed patio or porch
  • Terrace
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Kings Highway Elementary School
  • Staples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Radiant Heating System
  • Programmable Thermostat
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Fuel Tank Located in Ground

Community Details

  • Association fees include lake/beach access
  • Covlee Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,549

Year Built

Built in 2016

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Neighborhood: Saugatuck Shore
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4345
  • Public Record Living Room Sq Ft: 4345
  • Total Sq Ft: 4345
  • Year Built: 2016
  • Nearby Amenities: Golf Course, Paddle Tennis, Park, Private School(s), Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Handicap Features: Bath Grab Bars
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 9046
  • Tax Year Updated Dt: 07/26/2021
  • Directions: Duck Pond and make a RIGHT onto Harbor Road and bare right immediately. Straight to Covlee Drive and make a right. Bermuda Lagoon and channel in rear of home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up, Finished, Heated
  • Interior Amenities: Audio System, Auto Garage Door Opener, Elevator, Humidifier, Security System
  • Appliances: Gas Range, Oven/Range, Wall Oven, Microwave, Range Hood, Refrigerator, Freezer, Icemaker, Dishwasher, Disposal, Washer, Electric Dryer
  • Additional Rooms: Exercise Room, Gym, Laundry Room, Workshop
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Entertainment System, Lighting, Lock(s), Security System, Thermostat(s)
  • Street Number Modifier: 17

Exterior Features

  • Exterior Features: Balcony, Covered Deck, French Doors, Hot Tub, Lighting, Porch-Enclosed, Terrace, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Shingle, Shake, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Dock or Mooring, Beach Rights
  • Swimming Pool: No
  • Pool: Spa
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved
  • Garages Number: 2
  • Driveway Type: Circular

Utilities

  • Cooling System: Ceiling Fans, Central Air, Heat Pump, Zoned
  • Heat Type: Heat Pump, Radiant, Zoned
  • Heat Fuel Type: Geothermal
  • Fuel Tank Location: In Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 250
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Kings Highway
  • High School: Staples
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Home Energy Rating, Active Solar, Generator, Geothermal Heat, Programmable Thermostat

Lot Info

  • Acres: 0.8100
  • Lot Description: In Flood Zone, Water View, Level Lot, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 50549
  • Total Assessed Value: 2797410
  • Mil Rate Base: 18.070
  • Mil Rate Total: 18.070
  • Assessor Parcel Number: 413260

MLS Schools

  • Elementary School: Kings Highway
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Sep 8, 2021
Sold by
Donald P Spencer 2020 Ft
Bought by
Rothstein Adam and Rothstein Lauren
Seller's Agent
Janet Tatusko
William Pitt Sotheby's Int'l
Buyer's Agent
Janet Tatusko
William Pitt Sotheby's Int'l
List Price
$4,860,000
Sold Price
$4,725,000
Premium/Discount to List
-$135,000
-2.78%
Total Days on Market
48
Current Estimated Value
$5,599,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,743
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Dec 28, 2020
Sold by
Spencer Donald P
Bought by
Donald P Spencer 2020 Ft

Purchase Details

Closed on
Jul 5, 2016
Sold by
Covlee Hldg Llc
Bought by
Spencer Donald P and Riccardo Vickie H

Purchase Details

Listed on
Dec 7, 2013
Closed on
Jul 21, 2014
Sold by
Hippeau Eric and Hippeau Barbara
Bought by
Covlee Holding Llc
Seller's Agent
Janet Tatusko
William Pitt Sotheby's Int'l
Buyer's Agent
Janet Tatusko
William Pitt Sotheby's Int'l
List Price
$3,250,000
Sold Price
$2,600,000
Premium/Discount to List
-$650,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Nathanson Richard Alan
Bought by
Hippeau Eric and Hippeau Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Lyons Larry and Lyons Sharon
Bought by
Nathanson Richard

Purchase Details

Closed on
Mar 22, 1994
Sold by
Bryan Richard E and Bryan Edith L
Bought by
Lyons Larry H and Lyons Sharon N
Source: Public Records

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Range of Values:

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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
Rothstein Adam $4,725,500 None Available
Rothstein Adam $4,725,500 None Available
Donald P Spencer 2020 Ft -- None Available
Donald P Spencer 2020 Ft -- None Available
Spencer Donald P -- None Available
Spencer Donald P -- None Available
Spencer Donald P -- --
Spencer Donald P -- --
Covlee Holding Llc $2,600,000 --
Covlee Holding Llc $2,600,000 --
Hippeau Eric $2,379,000 --
Hippeau Eric $2,379,000 --
Nathanson Richard $1,850,000 --
Nathanson Richard $1,850,000 --
Lyons Larry H $880,000 --
Lyons Larry H $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothstein Adam $1,000,000
Previous Owner Hippeau Eric $1,100,000
Previous Owner Bryan Richard $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $4,725,000 -2.8% $1,087 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $4,860,000 +86.9% $1,119 / Sq Ft
07/18/2014 07/18/14 Sold $2,600,000 -20.0% $743 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
12/07/2013 12/07/13 For Sale $3,250,000 -- $929 / 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 $52,088 $2,797,410 $1,364,055 $1,433,355
2023 $51,332 $2,797,410 $1,364,055 $1,433,355
2022 $50,549 $2,797,410 $1,364,055 $1,433,355
2021 $50,549 $2,797,410 $1,364,055 $1,433,355
2020 $49,109 $2,938,900 $1,368,200 $1,570,700
2019 $49,550 $2,938,900 $1,436,600 $1,502,300
2018 $49,550 $2,938,900 $1,436,600 $1,502,300
2017 $49,550 $2,938,900 $1,436,600 $1,502,300
2016 $28,820 $1,709,400 $1,368,200 $341,200
2015 $28,497 $1,575,300 $1,206,300 $369,000
2014 $28,261 $1,575,300 $1,206,300 $369,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170402462

SmartMLS

APN: WPOR-000002A-000000-000037