NOT LISTED FOR SALE

Estimated Value: $5,540,000 - $7,134,888

4 Beds
6 Baths
5,614 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $8,275,000 $1,474 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $38,971/month

289 Days on Market

Highlights

  • Beach Front
  • Health Club
  • Medical Services
  • King's Highway Elementary School Rated A+
  • Golf Course Community
  • Cabana

About This Home

As of June 2015

270° water views of Long Island Sound from this stunning custom-built home with 360' of peaceful, private beach frontage. Individually crafted for the homeowner in 2012-13, this home incorporates meticulous attention to customized details and latest technology in materials, equipment and finishing. Balcony/porch access from every room. The seascape is "painted" into each room via walls of windows that wrap around corners to maximize views. The 1.22 acres borders additional, unbuildable and unobstructed beach frontage that expands the horizon. 2 private yacht clubs nearby for hassle-free docking privileges. Built to highest standards for coastal home protection; no water intrusion from Hurricane Sandy due to FEMA compliance.

Last Agent to Sell the Property

Martha Eidman

Coldwell Banker Realty License #RES.0787147 Listed on: 06/24/2014

Coldwell Banker Realty

Last Buyer's Agent

Linda Skolnick

Coldwell Banker Realty License #REB.0793147

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,202

Year Built

  • Built in 2012

Lot Details

  • 0.73 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Stone Frame
  • Frame Construction
  • Shake Roof
  • Wood Shingle Roof
  • Concrete Siding
  • Shingle Siding
  • Cedar Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 5,614 Sq Ft Home
  • Sound System
  • 7 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Bonus Room
  • Water Views

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Finished Attic

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Unpaved Parking
  • Off-Street Parking

Accessible Home Design

  • Bathroom has a 60 inch turning radius
  • Halls are 36 inches wide or more
  • Raised Toilet

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Auto Pool Cleaner

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Kings Hwy Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Propane
  • Tankless Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, taxes

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Golf Course Community
  • Health Club
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,202

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck Shore
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 5614
  • Public Record Living Room Sq Ft: 5495
  • Total Sq Ft: 5614
  • Year Built: 2012
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Pool, Public Transportation
  • Association Amenities: Golf Course, Health Club, Medical Facilities, Park, Playground/Tot Lot, Pool
  • Remarks Public Addendum: Entails ownership in 5 distinct land parcels on Long Island Sound totaling 1.22 acres.The combination of these parcels ensures that the magnificent, panoramic views of the Sound are maintained in perpetuity.The property also benefits from adjacent,additio
  • Handicap Features: 60" Turning Radius, Hallways 36+ Inches Wide, Raised Toilet
  • Direct Waterfront: Yes
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 11282
  • Directions: Duck Pond Road to Harbor Road. Cross over wooden bridge. Take right on Sea Spray, then left on Cross Way to #22.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 7
  • Attic Description: Finished, Heated, Storage Space
  • Interior Amenities: Audio System, Security System
  • Appliances: Counter Grill, Dishwasher, Dryer, Freezer, Icemaker, Microwave, Oven/Range, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Bonus Room, Foyer, Laundry Room
  • Laundry Room Location: 2nd floor
  • Attic: Yes
  • Street Number Modifier: 22

Exterior Features

  • Exterior Features: Balcony, Cabana, Deck, French Doors, Gutters, Lighting, Patio, Porch, Underground Sprinkler
  • Exterior Siding: Cedar, Shingle, Stone
  • Foundation Type: Slab
  • Roof Information: Shake, Wood Shingle
  • Waterfront Description: Beach, Frontage, L. I. Sound Frontage, View, Direct Waterfront
  • Swimming Pool: Yes
  • Pool: Auto Cleaner, Gunite, Heated, In Ground Pool, Safety Fence
  • Construction Description: Frame, Stone, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage, Off Street Parking, Unpaved
  • Garages Number: 3

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Radiant, Zoned
  • Heat Fuel Type: Natural Gas, Propane
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: installation$14,824 payable over 19 yrs(2014-15:$780.21)
  • Sewer Usage Fee Annual: 790

Condo/Co-op/Association

  • Association Fee Includes: Insurance, Taxes
  • HOA Fees: 535
  • HOA: Yes

Schools

  • Elementary School: Kings Hwy
  • Middle School: Coleytown
  • High School: Staples

Green Features

  • Energy Features: Humidistat, Energy Star Rated, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.7300
  • Lot Description: In Flood Zone, Level Lot, Water View, Fence - Partial
  • Zoning: A

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 70202
  • Total Assessed Value: 3913200
  • Mil Rate Total: 17.940
  • Tax District Amount: 2146
  • Assessor Parcel Number: 411362

MLS Schools

  • Elementary School: Kings Hwy
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2015
Sold by
Bowles Adrian J
Bought by
Citimortgage Inc
Current Estimated Value
$6,101,629

Purchase Details

Listed on
Jun 24, 2014
Closed on
Jun 2, 2015
Sold by
K K Davis-Groener Ret
Bought by
Whist Llc
Seller's Agent
Martha Eidman
Coldwell Banker Realty
Buyer's Agent
Linda Skolnick
Coldwell Banker Realty
List Price
$9,500,000
Sold Price
$8,275,000
Premium/Discount to List
-$1,225,000
-12.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.89%

Purchase Details

Closed on
Jul 2, 2014
Sold by
Groener David R and Davis-Groener Kathleen K
Bought by
David R Groener Ret and Groener

Purchase Details

Closed on
Mar 10, 2011
Sold by
Horn Charles A
Bought by
Groener David R and Groener Kathleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4%

Purchase Details

Closed on
Jul 29, 1993
Sold by
Korthoff Herbert
Bought by
Horn Charles

Purchase Details

Closed on
Sep 25, 1987
Sold by
Coster Robert
Bought by
Korchoff Herbert
Source: Public Records

Range of Values:

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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
Citimortgage Inc $596,602 --
Citimortgage Inc $596,602 --
Whist Llc -- --
Whist Llc -- --
David R Groener Ret -- --
David R Groener Ret -- --
Groener David R $3,850,000 --
Groener David R $3,850,000 --
Horn Charles $1,675,000 --
Horn Charles $1,675,000 --
Korchoff Herbert $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korchoff Herbert $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $8,275,000 -12.9% $1,474 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
06/24/2014 06/24/14 For Sale $9,500,000 -- $1,692 / 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 $79,448 $4,212,500 $2,725,200 $1,487,300
2024 $78,437 $4,212,500 $2,725,200 $1,487,300
2023 $77,299 $4,212,500 $2,725,200 $1,487,300
2022 $76,120 $4,212,500 $2,725,200 $1,487,300
2021 $59 $4,212,500 $2,725,200 $1,487,300
2020 $57 $4,512,300 $2,869,400 $1,642,900
2019 $76,077 $4,512,300 $2,869,400 $1,642,900
2018 $56 $4,512,300 $2,869,400 $1,642,900
2017 $55 $4,512,300 $2,869,400 $1,642,900
2016 $76,077 $4,512,300 $2,869,400 $1,642,900
2015 $69,934 $3,865,900 $2,270,900 $1,595,000
2014 $69,354 $3,865,900 $2,270,900 $1,595,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99068858

SmartMLS

APN: WPOR-000001C-000000-000010