NOT LISTED FOR SALE

2 Beach Rd E Old Saybrook, CT 06475

Estimated Value: $840,000 - $938,760

1 Bed
2 Baths
724 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $500,000 $691 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,519/month

59 Days on Market

Highlights

  • Beach Front
  • Open Floorplan
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • Clubhouse
  • Cottage

About This Home

As of August 2019

WHAT REALLY ARE YOU KIDDING???
AN OLD SAYBROOK BEACH FRONT COTTAGE THAT CAPTURES THE SEA FOR UNDER $500K
This cozy cottage is nestled against a spectacular coastal backdrop with an unbroken view of the sea and the faraway coastline of Long Island. With a conscious design that maximizes efficiency, this spectacular, seasonal vacation home provides plenty of space for entertaining. Enjoy gatherings in the generously-sized living/dining area graced with huge windows and glass sliding doors that lead out to a deck overlooking the beach & Sound. The bright kitchen will inspire your inner chef with its granite counters, cathedral ceilings and well-positioned windows that let you enjoy the view as you prepare a delicacy. Stroll along sandy Chalker beach or swim in the sound. At the end of the day imagine cuddling on your private deck with a loved one and a delicious glass of wine as you watch the summer sun slowly sink into the Long Island Sound. With a myriad of restaurants of all types nearby, you’ll never get bored with the local cuisine. The efficiency of your heat pump will allow you to comfortably enjoy your vacation home most of Spring, Summer, and Fall.

Last Agent to Sell the Property

Melissa Pardi

William Pitt Sotheby's Int'l License #RES.0796435 Listed on: 05/24/2019

William Pitt Sotheby's Int'l

Co-Listed By

Pardi & Zucco Team

William Pitt Sotheby's Int'l License #REB.0792928

Last Buyer's Agent

Michael Gashgorian

RE/MAX Precision Realty License #RES.0772598

RE/MAX Precision Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 1961

Lot Details

  • 4,792 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Seasonal Access to Property
  • Level Lot

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Wood Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 724 Sq Ft Home
  • Open Floorplan
  • Water Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Dirt Driveway
  • Unpaved Parking

Location

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

Schools

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

Utilities

  • Wall Furnace
  • Heat Pump System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Deck

Community Details

Overview

  • Association fees include club house, lake/beach access, trash pickup

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,766

Year Built

Built in 1961

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow, Cottage
  • Sq Ft Est Heated Above Grade: 724
  • Public Record Living Room Sq Ft: 724
  • Total Sq Ft: 724
  • Year Built: 1961
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Shopping/Mall
  • Association Amenities: Basketball Court, Club House, Park
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 972
  • Tax Year Updated Dt: 08/05/2019
  • Directions: I-95 N or S to Exit 66 (Spencer Plain Rd), South to Route 1. Left on Route 1 to set of lights on Chalker Beach Road. House is at the end of the road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Piling, Wood
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach, Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Dirt

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Baseboard, Heat Pump, Wall Unit
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access, Trash Pickup
  • HOA Fees: 1080
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Passive Solar, Programmable Thermostat

Lot Info

  • Acres: 0.1100
  • Lot Description: In Flood Zone, Water View, Level Lot, Fence - Partial, Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7766
  • Mil Rate Base: 19.750
  • Assessor Parcel Number: 1024221

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Aug 16, 2019
Sold by
Miner David and Miner Lorraine
Bought by
Downey Jude A
Seller's Agent
Melissa Pardi
William Pitt Sotheby's Int'l
Buyer's Agent
Michael Gashgorian
RE/MAX Precision Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$885,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,190
Avg. Annual Appreciation
9.26%
Original Mortgage
$325,000
Outstanding Balance
$304,580
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$580,610

Purchase Details

Closed on
Dec 31, 2012
Sold by
Dondes Morton and Dondes Rosalind
Bought by
Miner David and Miner Lorraine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Downey Jude A $500,000 --
Miner David $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Jude A $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $500,000 +1.0% $691 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $495,000 -- $684 / Sq Ft
Source: SmartMLS

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 $9,939 $641,200 $545,200 $96,000
2024 $9,746 $641,200 $545,200 $96,000
2023 $8,041 $393,200 $350,600 $42,600
2022 $7,895 $393,200 $350,600 $42,600
2021 $7,884 $393,200 $350,600 $42,600
2020 $7,884 $393,200 $350,600 $42,600
2019 $7,766 $393,200 $350,600 $42,600
2018 $6,954 $354,800 $289,800 $65,000
2017 $6,975 $354,800 $289,800 $65,000
2016 $6,833 $354,800 $289,800 $65,000
2015 $6,621 $352,000 $289,800 $62,200
2014 $6,564 $354,800 $289,800 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Melissa Pardi

    Seller's Agent in 2019

    Melissa Pardi

    William Pitt

    (860) 767-7488

    22 in this area

    57 Total Sales

    Melissa Pardi
    Section Image
  • Pardi & Zucco Team

    Seller Co-Listing Agent in 2019

    Pardi & Zucco Team

    William Pitt

    (860) 391-2438

    22 in this area

    57 Total Sales

    Pardi & Zucco Team
    Section Image
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Map

Source: SmartMLS

MLS Number: 170196551

SmartMLS

APN: OSAY-000012-000145

Connecticut Middlesex County Old Saybrook 06475

2 Beach Rd E, Old Saybrook, CT

Not Listed for Sale

Detached

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