NOT LISTED FOR SALE

2 Point Rd Old Saybrook, CT 06475

Estimated Value: $1,809,000 - $2,192,000

3 Beds
3 Baths
1,972 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $1,300,000 $659 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,797/month

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Balcony
  • Kathleen E. Goodwin School Rated A-
  • 1 Fireplace
  • Walking Distance to Water

About This Home

As of June 2023

The Iconic 2 Point Rd. This is an amazing opportunity to rent one of the best and stunning water views a home could offer in Old Saybrook,CT for Summer 2023. Breathtaking water views from almost every room,1 full suite on first floor, second suite on first floor each with full independent baths. Second level host the Main Suite with french doors opening to its own Balcony; opening to a breathtaking panoramic views that will leave you speechless, to be yours for a month of retreat by yourself or with company. You will have stunning panoramic views on the main level and second level which will be merge the living room dining area and kitchen creating the perfect setting to build great memories and have great time of enjoyment, giving you the connection and sense of what New England waterfront is about. As You walk to the point and place your chairs, You will see in front of you Long Island,Orient Point and Plum Island and boating enjoyment at its best. The great association of Cornfield Point will give you access to the private beach, lots of local restaurants, shopping, I95 for easy access to NY or Boston and train station. You will feel right at home.

Last Agent to Rent the Property

David Rodriguez

William Pitt Sotheby's Int'l License #RES.0793940 Listed on: 10/10/2022

William Pitt Sotheby's Int'l

Last Renter's Agent

Francine Piscitelli

RE/MAX Alliance License #RES.0766447

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Home fronts a sound

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 1,972 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Interior Basement Entry

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0.25 Acres

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required, Lease Restrictions, Vacate Clause
  • Landlord Responsibility: Air Conditioning, All Utilities, Cable TV, Electricity, Grounds Maintenance, Heat, Hot Water, Mechanicals, Real Estate Taxes, Sewer, Water
  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Summer Furnished
  • Security Deposit Details: 1 week Sec. Dep. 1 Wk Nonrefundable to secure Mo.
  • Smoking Allowed: No
  • Tenant Responsibility: Credit Check, Insurance, Liability Insurance

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Residential Rental
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1972
  • Public Record Living Room Sq Ft: 1972
  • Total Sq Ft: 1972
  • Year Built: 1953
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Shopping/Mall
  • Remarks Public Addendum: June, July and August rental fee is $22,000 September Fee is $17,000
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: Yes
  • Public Record Gross Sq Ft: 2884
  • Directions: Billow to Point Rd. - West Shore to Point Rd.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Interior Access
  • Appliances: Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Stucco
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Ocean Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Acres: 0.2500
  • Lot Description: Water View
  • Zoning: A

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 1022755

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

Closed on
Nov 7, 2024
Sold by
Morehead John W and Morehead Irene E
Bought by
2 Point Road Llc
Current Estimated Value
$1,979,230

Purchase Details

Listed on
Aug 7, 2015
Closed on
Aug 19, 2016
Sold by
Masters Barbara J
Bought by
Morehead John W and Morehead Irena E
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
David Rodriguez
William Pitt Sotheby's Int'l
List Price
$2,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$1,200,000
-48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2 Point Road Llc -- None Available
2 Point Road Llc -- None Available
Morehead John W $1,300,000 --
Morehead John W $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morehead John W $16,000
Previous Owner Morehead John W $20,000
Previous Owner Morehead John W $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2023 06/15/23 Rented $22,000 0.0% --
10/28/2022 10/28/22 Under Contract -- -- --
10/10/2022 10/10/22 For Rent $22,000 +10.0% --
08/18/2022 08/18/22 Rented $20,000 -20.0% --
08/15/2022 08/15/22 Under Contract -- -- --
04/11/2022 04/11/22 For Rent $25,000 +25.0% --
07/01/2021 07/01/21 Rented $20,000 +200.0% --
06/04/2021 06/04/21 Price Changed $6,667 -66.7% $3 / Sq Ft
06/04/2021 06/04/21 Under Contract -- -- --
04/19/2021 04/19/21 For Rent $20,000 0.0% --
08/18/2016 08/18/16 Sold $1,300,000 -48.0% $659 / Sq Ft View Prior Sale
07/29/2016 07/29/16 Pending -- -- --
08/07/2015 08/07/15 For Sale $2,500,000 -- $1,268 / 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 $19,208 $1,239,200 $979,900 $259,300
2024 $18,836 $1,239,200 $979,900 $259,300
2023 $17,037 $833,100 $631,300 $201,800
2022 $16,729 $833,100 $631,300 $201,800
2021 $16,704 $833,100 $631,300 $201,800
2020 $16,704 $833,100 $631,300 $201,800
2019 $16,454 $833,100 $631,300 $201,800
2018 $17,526 $894,200 $688,700 $205,500
2017 $17,580 $894,200 $688,700 $205,500
2016 $17,222 $894,200 $688,700 $205,500
2015 $16,820 $894,200 $688,700 $205,500
2014 $16,543 $894,200 $688,700 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170529335

SmartMLS

APN: OSAY-000001-000098

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