NOT LISTED FOR SALE

Estimated Value: $765,000 - $872,000

3 Beds
2 Baths
1,676 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $595,000 $355 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,229/month

3 Days on Market

Highlights

  • Beach Front
  • Open Floorplan
  • Ranch Style House
  • Kathleen E. Goodwin School Rated A-
  • Clubhouse
  • Attic

About This Home

As of October 2020

Located in desirable Indian Town Association in Old Saybrook, CT this 3 bedroom ranch on a double, corner lot provides shoreline living with both beach and boating activities. Originally built in 1926 the home has been substantially updated. The home has 2 full baths, an open kitchen/living room with granite counter tops and a gas log fireplace, a detached over sized 2 car garage and a storage shed. A blue stone patio offers privacy and shade with a retractable awning. A closed in windowed sun room also has awnings to shade the western exposure. Being sold substantially furnished. Shared Association amenities: 2 beaches, playground, gazebo, marina, club house, launching ramp. Forced hot air propane heating, Two 100lb propane tanks. Central A/C 200Amp electrical service Propane gas stove and fume hood Propane hot water Propane gas fireplace Refrigerator, dish washer, microwave, washer and electric dryer Ceiling fans in all rooms 2 car over sized garage with paved driveway 4 car parking in the driveway, with an additional 3 cars next to the garage Two closed in showers behind the garage storage shed Patio Frame construction with vinyl siding basement: crawl space Roof: asphalt shingle Lot size .26 acres Level lot City water Septic system

Last Listed By

Jason Saphire

www.HomeZu.com License #REB.0788861 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 1926

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Corner Lot
  • Level Lot
  • Garden

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Awning
  • Heated Enclosed Porch
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Oven or Range
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Home is being sold with most furnishings

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,332

Year Built

Built in 1926

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Neighborhood: Indian Town
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1676
  • Public Record Living Room Sq Ft: 1532
  • Total Sq Ft: 1676
  • Year Built: 1926
  • Nearby Amenities: Health Club, Library, Medical Facilities, Shopping/Mall
  • Association Amenities: Basketball Court, Bocci Court, Club House
  • Exclusions: Home is being sold with most furnishings
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2092
  • Tax Year Updated Dt: 09/21/2020
  • Directions: Rt 1 to Old Post Rd to Nehantic Trail To 2 Obed Trail
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Icemaker, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Awnings, Garden Area, Gutters, Lighting, Patio, Porch-Heated, Shed, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Harbor, Dock or Mooring, Beach, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, 40 Gallon Tank, Propane
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Estimated Annual Heat Cost: 820

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access, Trash Pickup
  • HOA Fees: 905
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Ridge Vents, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6332
  • Total Assessed Value: 315800
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1025342

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 2, 2020
Sold by
Olsen Edward M and Olsen Cathy Z
Bought by
Kanaras John and Kanaras Anna
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Lynn Lehrman
REMAX Valley Shore
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Total Days on Market
3
Current Estimated Value
$816,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,121
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Est Ledwith Bernice B and Ledwith David B
Bought by
Olsen Edward M and Olsen Cathy Z

Range of Values:

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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
Kanaras John $595,000 None Available
Olsen Edward M $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanaras John $168,450
Open Kanaras John $450,000
Previous Owner Olsen Edward M $75,000
Previous Owner Olsen Edward M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $595,000 -4.8% $355 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $625,000 -- $373 / 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
2024 $7,545 $496,400 $244,800 $251,600
2023 $6,607 $323,100 $160,500 $162,600
2022 $6,488 $323,100 $160,500 $162,600
2021 $6,334 $315,900 $160,500 $155,400
2020 $6,332 $315,800 $160,400 $155,400
2019 $6,237 $315,800 $160,400 $155,400
2018 $5,888 $300,400 $139,500 $160,900
2017 $5,906 $300,400 $139,500 $160,900
2016 $5,786 $300,400 $139,500 $160,900
2015 $5,651 $300,400 $139,500 $160,900
2014 $5,557 $300,400 $139,500 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170323339

SmartMLS

APN: OSAY-000019-000306