NOT LISTED FOR SALE

2 Cinnamon Way Old Saybrook, CT 06475

Estimated Value: $553,000 - $675,000

3 Beds
3 Baths
1,890 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $325,000 $172 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,531/month

1 Day on Market

Highlights

  • Sauna
  • 0.96 Acre Lot
  • Colonial Architecture
  • Kathleen E. Goodwin School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of June 2015

Wonderful light and bright custom home with unique layout, open floor plan and main floor or upper level master bedroom suite! Your choice! Well maintained colonial, with up-to-date kitchen featuring SS appliances that flows to open family room with vaulted ceilings, skylights, fireplace and double sliders to a large back deck. First floor master suite also has slider with access to the deck that overlooks beautiful backyard offering serenity and privacy. Walk-out basement, 2-car garage, first floor laundry and mud room, 4-zone Buderus furnace and more. A must see!

Last Agent to Sell the Property

Michael Marsden

Compass Connecticut, LLC License #RES.0772029 Listed on: 04/23/2015

Compass Connecticut, LLC

Last Buyer's Agent

Dan Liese

Seaport Real Estate Services License #REB.0789399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1988

Lot Details

  • 0.96 Acre Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Mud Room
  • Sauna

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,005

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1890
  • Year Built: 1988
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Route 1 north left on schoolhouse, right on Cinnamon Ridge, right on Cinnamon Way, house on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Open Floor Plan, Sauna
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Mud Room
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Garden Area
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.9600
  • Lot Description: Lightly Wooded

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 4005
  • Assessor Parcel Number: 1028338

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Pannazzo Robert A and Donahue Lisa M
Bought by
Pannazzo Lisa R
Current Estimated Value
$600,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$280,666
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$320,205

Purchase Details

Closed on
Aug 10, 2016
Sold by
Pannazzo Robert A
Bought by
Pannazzo Robert A and Donahue Lisa M

Purchase Details

Listed on
Jan 3, 2013
Closed on
Feb 26, 2013
Sold by
Mcnair Don F
Bought by
Randall Paul M
Seller's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
Buyer's Agent
Gigi Giordano Taylor
Compass Connecticut, LLC
List Price
$318,900
Sold Price
$319,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$30,000
Interest Rate
3.55%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Zombas Patricia
Bought by
Mcnair Don
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
Pannazzo Lisa R $425,000 None Available
Pannazzo Robert A -- --
Randall Paul M $319,000 --
Mcnair Don $416,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pannazzo Lisa R $310,000
Previous Owner Mcnair Don $30,000
Previous Owner Mcnair Don $255,200
Previous Owner Mcnair Don $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2015 06/04/15 Sold $325,000 -2.0% $172 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $331,500 +3.9% $175 / Sq Ft
02/21/2013 02/21/13 Sold $319,000 0.0% $169 / Sq Ft View Prior Sale
01/12/2013 01/12/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $318,900 -- $169 / 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 $4,630 $298,700 $89,000 $209,700
2024 $4,540 $298,700 $89,000 $209,700
2023 $4,200 $205,400 $70,800 $134,600
2022 $4,124 $205,400 $70,800 $134,600
2021 $4,118 $205,400 $70,800 $134,600
2020 $4,118 $205,400 $70,800 $134,600
2019 $4,057 $205,400 $70,800 $134,600
2018 $4,243 $216,500 $66,000 $150,500
2017 $4,256 $216,500 $66,000 $150,500
2016 $4,170 $216,500 $66,000 $150,500
2015 $4,072 $216,500 $66,000 $150,500
2014 $4,005 $216,500 $66,000 $150,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Marsden

    Seller's Agent in 2015

    Michael Marsden

    Compass Connecticut, LLC

    (860) 334-1379

    2 in this area

    95 Total Sales

    Michael Marsden
    Section Image
  • Dan Liese

    Buyer's Agent in 2015

    Dan Liese

    Seaport Real Estate Services

    (401) 742-3216

    66 Total Sales

    Dan Liese
    Section Image
  • Brian Jermainne

    Seller's Agent in 2013

    Brian Jermainne

    Team Jermainne Real Estate Services, LLC

    (860) 662-0230

    20 in this area

    79 Total Sales

    Brian Jermainne
    Section Image
  • Gigi Giordano Taylor

    Buyer's Agent in 2013

    Gigi Giordano Taylor

    Compass Connecticut, LLC

    (203) 671-2155

    10 in this area

    158 Total Sales

    Gigi Giordano Taylor
    Section Image
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Map

Source: SmartMLS

MLS Number: N10038869

SmartMLS

APN: OSAY-000050-000059-000004

Connecticut Middlesex County Old Saybrook 06475

2 Cinnamon Way, Old Saybrook, CT

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