$2,462,500
SOLD AUG 23, 2024

2 Cottage Rd Old Saybrook, CT 06475

3 Beds
2.5 Baths
2,788 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$883 Per Sq Ft

2% Below List Price

35 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Property is near public transit
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • Attic

About This Home

As of August 2024

In the heart of Cornfield Point, one of Old Saybrook's most sought-after beach communities, sits this architectural masterpiece. Custom built in 2015, this spectacular home offers luxurious coastal living with Long Island Sound views throughout. Upon entering, you are greeted by abundant natural light cascading through expansive hurricane strength windows, illuminating the open-concept living space with 10-foot ceilings, crown molding, and wide-plank wood flooring. Additional features include a whole-house generator, TESLA solar panels, and two TESLA home battery power walls. The gourmet kitchen boasts custom cabinetry, a vast granite island, walk-in pantry and premier appliances. Imagine preparing meals while enjoying water views or hosting gatherings on the patio as sailboats pass by. The first floor features a Heatilator gas fireplace and a dining area with custom built-ins and plantation shutters. Upstairs, find three bedrooms, two baths, a second family room, home office, and laundry room. From the rooftop deck, enjoy endless panoramic water views and breathtaking sunsets. The primary suite offers complete relaxation with vaulted ceilings, a private balcony, built in wardrobes with custom double vanity, soaking tub and steam shower. Enjoy access to two beaches, boat launch, tennis, pickleball, and more in this golf cart community. The Old Saybrook train station provides seamless transit options to both NY & Boston. 2 Cottage Rd epitomizes coastal living at its finest!

Last Agent to Sell the Property

Hilary Reid

Coldwell Banker Realty License #RES.0814365 Listed on: 06/06/2024

Coldwell Banker Realty

Last Buyer's Agent

Joanne Gadon

Coldwell Banker Realty License #RES.0757288

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,941

Year Built

  • Built in 2015

Lot Details

  • 9,148 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,788 Sq Ft Home
  • Open Floorplan
  • Sound System
  • 1 Fireplace
  • French Doors
  • Entrance Foyer
  • Concrete Flooring
  • Pull Down Stairs to Attic
  • Storm Windows

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Hatchway
  • Basement Storage

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Heating system powered by solar not connected to the grid
  • Heating system powered by active solar

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Power Generator
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1022902

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,941

Year Built

Built in 2015

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2788
  • Total Sq Ft: 2788
  • Year Built: 2015
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: Not in a flood zone.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Maple Ave. to Cottage Rd. Right on Cottage, first house on the left.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2788
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Hatchway
  • Interior Amenities: Audio System, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Gas Range, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Balcony, Grill, Deck, Gutters, Lighting, French Doors, Underground Sprinkler, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights View Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane, Solar
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access
  • HOA Fees: 480
  • HOA Fee Frequency: Annually

Schools

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

Green Features

  • Energy Features: Active Solar, Generator, Storm Windows

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot Professionally Landscaped Water View
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 1022902

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 12941
  • Total Assessed Value: 851400
  • Mil Rate Total: 15.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 23, 2024
Sold by
Rothman Richard and Rothman Jennifer
Bought by
Rothman Ft and Rothman
Seller's Agent
Hilary Reid
Coldwell Banker Realty
Buyer's Agent
Joanne Gadon
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,462,500
Premium/Discount to List
-$37,500
-1.5%
Views
97
Current Estimated Value
$2,369,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,252
Avg. Annual Appreciation
-5.76%
Original Mortgage
$1,500,000
Outstanding Balance
$1,487,352
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$841,632

Purchase Details

Closed on
Sep 15, 2023
Sold by
P & G Holdings Llc
Bought by
2 Cottage Rebuilt Llc

Purchase Details

Closed on
Sep 25, 2013
Sold by
Mann Gary F
Bought by
Giamminonni Gino and Giamminonni Karen Z

Purchase Details

Closed on
Jun 14, 2013
Sold by
Mann Linda L
Bought by
Mann Gary F
Source: Public Records

Similar Homes in Old Saybrook, CT

  • 372 Maple Ave, Old Saybrook, CT 06475

    $2,850,000

    • 3 Beds
    • 3 Baths
    • 4,789 Sq Ft
    • 372 Maple Ave
    • Old Saybrook, CT

    Welcome to your dream home! This stunning colonial with beautiful views of Long Island Sound comes fully furnished with stylish, high-quality pieces, making it the perfect turnkey beach property. The well-equipped kitchen has granite countertops, stainless steel appliances including double Viking Ovens, SubZero fridge, large Island with breakfast bar and access to the patio. The dining room has a

    Colleen Nemec Showcase Realty, Inc.

    Section Image
  • 515 Maple Ave, Old Saybrook, CT 06475

    $1,999,500

    • 2 Beds
    • 2 Baths
    • 1,365 Sq Ft
    • 515 Maple Ave
    • Old Saybrook, CT

    Embrace the pinnacle of coastal serenity in this captivating waterfront home, cradled by Old Saybrook's shores with a private beach, flanked by two protective break walls and a robust seawall, ensuring the preservation of your personal slice of paradise. This tranquil haven boasts a personal mooring, ideal for seafarers. Each morning, awaken to awe-inspiring sunrises that illuminate the

    Teri Strain-Lewis William Pitt Sotheby's Int'l

    Section Image
  • 125 Main St, Old Saybrook, CT 06475

    $2,345,000

    • 1 Bed
    • 1.5 Baths
    • 7,985 Sq Ft
    • 125 Main St
    • Old Saybrook, CT

    Price reduction! Great opportunity to own a mixed use property on Main Street in Old Saybrook. Established salon with long term lease on first floor. Second floor has one bedroom apartment which can easily add more bedrooms or use as office space. Third floor currently occupied by two businesses and can be converted into apartment if the need arises. Prime location near The Kate and all downtown

    Gary Marino William Raveis Real Estate

    Section Image
  • 49 Cromwell Place, Old Saybrook, CT 06475

    $1,995,000

    • 3 Beds
    • 4 Baths
    • 3,965 Sq Ft
    • 49 Cromwell Place
    • Old Saybrook, CT

    Situated in the highly desirable North Cove neighborhood in Old Saybrook, just where the Connecticut River meets the Long Island Sound you will be greeted by gorgeous perennial gardens with well established plantings that can be admired from the front porch. Step inside into a gracious entry flanked by two flexible living spaces with beautiful bay windows. Whether you are looking for a year round

    Tina Rupp William Pitt Sotheby's Int'l

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $2,462,500 None Available
Warranty Deed $2,462,500 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $320,000 --
Quit Claim Deed -- --
Warranty Deed $320,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Purchase Money Mortgage
Closed $1,500,000 Purchase Money Mortgage
Previous Owner $412,000 Credit Line Revolving
Previous Owner $600,000 Balloon
Previous Owner $181,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $2,462,500 -1.5% $883 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $2,500,000 -- $897 / 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 $13,569 $875,400 $371,800 $503,600
2024 $12,941 $851,400 $371,800 $479,600
2023 $10,319 $504,600 $205,100 $299,500
2022 $10,132 $504,600 $205,100 $299,500
2021 $10,117 $504,600 $205,100 $299,500
2020 $10,117 $504,600 $205,100 $299,500
2019 $9,966 $504,600 $205,100 $299,500
2018 $9,253 $472,100 $136,700 $335,400
2017 $9,281 $472,100 $136,700 $335,400
2016 $9,093 $472,100 $136,700 $335,400
2015 $4,149 $220,600 $136,700 $83,900
2014 $4,081 $220,600 $136,700 $83,900
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: SmartMLS

MLS Number: 24020773

SmartMLS

APN: OSAY-000003-000019