NOT LISTED FOR SALE

2 Cedar Ln Old Saybrook, CT 06475

Estimated Value: $684,000 - $854,000

3 Beds
2.5 Baths
2,063 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $340,000 $165 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,491/month

137 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Cape Cod Architecture
  • Kathleen E. Goodwin School Rated A-
  • 0.76 Acre Lot
  • Deck

About This Home

As of June 2016

Rare, first floor master bedroom suite! Sunny, gorgeous, 2000+sf Cape Cod home near the center of Old Saybrook. This 3 - 4 bedroom, 2 1/2 bath home offers a superb location and all newer mechanicals. Walk to town and Saybrook Point! Enjoy the oversized level lot of .76 acres. 1 - 2 bedrooms down and 2 bedrooms up. Center chimney fireplace, 2 new sliders, nice deck and fantastic 3 season sunroom. Newer septic system leaching fields (installed in 2012,) public water, architectural shingle roof installed in 2005, boiler installed in 2014 (transferrable 7 year warranty) upgraded 200 AMP electrical. This A1 location allows the enjoyment of a walk to beaches and town center. RARE oversized lot will delight you!! Amazing privacy in a terrific location. Some cosmetic upgrades will push this to the next level! Priced to sell.

Last Agent to Sell the Property

Laurie McCann

William Pitt Sotheby's Int'l License #RES.0769965 Listed on: 12/16/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Dylan Walter

William Raveis Real Estate License #RES.0796079

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1984

Lot Details

  • 0.76 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Clap Board Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Health Club
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,876

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2063
  • Year Built: 1984
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Private School(s), Public Pool, Public Rec Facilities, Public Transportation, Shopping/Mall, Tennis Courts, Public Trash Pickup, Walk to Bus Lines
  • Association Amenities: Putting Green, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street to Maple to Cedar Lane.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch, Storage Space
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Storage Building
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Crushed Stone, Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.7600
  • Lot Description: Corner Lot, On Cul-De-Sac, Level Lot, Fence - Full, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4876
  • Assessor Parcel Number: 1024713

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jun 30, 2016
Sold by
Diem Henry J and Diem Tina M
Bought by
Richetelli Ryan and Strzepek Alison
Seller's Agent
Laurie McCann
William Pitt Sotheby's Int'l
Buyer's Agent
Dylan Walter
William Raveis Real Estate
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Current Estimated Value
$755,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,661
Avg. Annual Appreciation
8.71%
Original Mortgage
$323,000
Outstanding Balance
$257,851
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,669

Purchase Details

Closed on
Dec 17, 2014
Sold by
Diem Henry J
Bought by
Diem Henry J and Diem Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,017
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Renzo Eugene T
Bought by
Diem Henry J

Purchase Details

Closed on
Feb 25, 1991
Sold by
Shea Michael J and Shea Elizabeth
Bought by
Rienzo Eugene T and Rienzo Rayma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richetelli Ryan $340,000 --
Diem Henry J -- --
Diem Henry J $162,000 --
Rienzo Eugene T $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rienzo Eugene T $323,000
Previous Owner Rienzo Eugene T $330,017
Previous Owner Rienzo Eugene T $305,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $340,000 -5.6% $165 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $360,000 -- $175 / 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 $6,205 $400,300 $126,900 $273,400
2024 $6,085 $400,300 $126,900 $273,400
2023 $5,260 $257,200 $90,600 $166,600
2022 $5,165 $257,200 $90,600 $166,600
2021 $5,157 $257,200 $90,600 $166,600
2020 $5,157 $257,200 $90,600 $166,600
2019 $5,058 $256,100 $90,600 $165,500
2018 $5,080 $259,200 $69,400 $189,800
2017 $5,096 $259,200 $69,400 $189,800
2016 $4,992 $259,200 $69,400 $189,800
2015 $4,876 $259,200 $69,400 $189,800
2014 $4,795 $259,200 $69,400 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10098895

SmartMLS

APN: OSAY-000016-000067