NOT LISTED FOR SALE

179 Old Salt Works Rd Westbrook, CT 06498

Estimated Value: $2,539,000 - $3,277,000

5 Beds
6 Baths
5,322 Sq Ft
$560/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $2,400,000 $451 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,899/month

124 Days on Market

Highlights

  • Beach Front
  • Detached Guest House
  • 3.9 Acre Lot
  • Westbrook Middle School Rated A-
  • Sub-Zero Refrigerator
  • Colonial Architecture

About This Home

As of June 2021

Amazing Value. Just under 4 sub-dividable waterfront acres priced at $2.5 million! Spectacular Waterfront Location on a double lot. NO FLOOD INSURANCE required. Talk about a relaxing environment. Almost four acres of pristine waterfront, requiring no flood insurance, awaits the discerning buyer poised to tailor this dramatic location to their personal taste. Home sustained internal water damage due to frozen pipe last year that has been addressed. Owner has opted to leave some effected rooms unfinished to allow next owner to tailor to their own needs / taste. Estate embraces a four bedroom main residence, which was remodeled in 1986, and is situated on 2.6 acres of resort like property, a one bedroom carriage house perched over a three car garage, is nestled on an additional 1.3 acres. Property is sub-dividable. Main residence is complimented by a three season porch and sunroom offering panoramic views of Long Island Sound out to the Ocean. Second floor decks and roof are new.

Last Agent to Sell the Property

John Campbell

Compass Connecticut, LLC License #RES.0769152 Listed on: 02/06/2021

Compass Connecticut, LLC

Last Buyer's Agent

Matt Diamond

Houlihan Lawrence WD License #RES.0766880

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,442

Year Built

  • Built in 1945

Lot Details

  • 3.9 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Shingle Siding

Interior Spaces

  • Central Vacuum
  • 3 Fireplaces
  • Thermal Windows
  • Awning
  • Heated Enclosed Porch
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 5 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio

Additional Homes

  • Detached Guest House

Schools

  • Pboe Middle School
  • Westbrook Middle School
  • Westbrook High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Programmable Thermostat
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,442

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4770
  • Sq Ft Est Heated Below Grade: 552
  • Total Sq Ft: 5322
  • Year Built: 1945
  • Nearby Amenities: Health Club
  • In Law Access: Detached
  • In Law Apartment: Yes
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 02/05/2021
  • Directions: Boston Post Road to Old Salt Works. Estate is on the right. Resort like entrance.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Crawl Space
  • Basement Description: Partial, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Security System
  • Appliances: Oven/Range, Counter Grill, Wall Oven, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Location: First Floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 179

Exterior Features

  • Exterior Features: Awnings, Balcony, Deck, Garden Area, Guest House, Patio, Porch-Heated, Underground Sprinkler
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach, View
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 5
  • Driveway Type: Private, Circular, Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 50 Gallon Tank, Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: PBOE
  • High School: Westbrook
  • Intermediate School: Westbrook

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 3.9000
  • Lot Description: May be Subdividable, Dry, Water View, Level Lot, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 25442
  • Total Assessed Value: 1017680
  • Mil Rate Base: 25.000
  • Mil Rate Total: 25.000
  • Assessor Parcel Number: 1038535

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: PBOE
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
Jun 11, 2021
Sold by
Richard P Boccaccio Ret and Boccaccio
Bought by
Johnson Ryan D
Seller's Agent
John Campbell
Compass Connecticut, LLC
Buyer's Agent
Matt Diamond
Houlihan Lawrence WD
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$2,980,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,010
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Jan 11, 2016
Sold by
Boccaccio Richard P
Bought by
Richard P Boccaccio Re and Boccaccio

Purchase Details

Closed on
Dec 9, 2009
Sold by
Boccaccio Beverly
Bought by
Boccaccio Richard and Boccaccio Beverly
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
Johnson Ryan D $2,400,000 None Available
Richard P Boccaccio Re -- --
Boccaccio Richard P -- --
Boccaccio Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boccaccio Richard $250,000
Previous Owner Boccaccio Richard $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $2,400,000 -4.0% $451 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $2,500,000 -- $470 / 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 $36,444 $1,619,730 $963,400 $656,330
2024 $35,148 $1,619,730 $963,400 $656,330
2023 $34,533 $1,619,730 $963,400 $656,330
2022 $33,626 $1,619,730 $963,400 $656,330
2021 $25,442 $1,017,680 $607,010 $410,670
2020 $25,442 $1,017,680 $607,010 $410,670
2019 $25,106 $1,017,680 $607,010 $410,670
2018 $24,801 $1,017,680 $607,010 $410,670
2017 $24,801 $1,017,680 $607,010 $410,670
2016 $27,418 $1,184,870 $728,410 $456,460
2015 $26,671 $1,184,870 $728,410 $456,460
2014 $25,818 $1,184,870 $728,410 $456,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170370814

SmartMLS

APN: WBRO-000192-000000-000034