NOT LISTED FOR SALE

22 River Ave Old Saybrook, CT 06475

Estimated Value: $648,000 - $1,006,000

3 Beds
1.5 Baths
1,269 Sq Ft
$595/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $575,000 $453 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,716/month

205 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • Cape Cod Architecture
  • Attic

About This Home

As of February 2020

A boater and fisherman’s dream location and home, nestled at the end of a quiet cul-de-sac on a large, private waterfront lot. A combination floating, and piling dock provides direct access to Long Island Sound and will accommodate up to a 24’ boat. Premium Azek railing secures the dock, power and water are connected for extreme convenience. Prime striper, fluke, blackfish and lobster grounds are minutes from the dock. Let your cares melt away while you make memories in this home which has been completely renovated and is in immaculate move-in ready condition. Unobstructed water views dominate every room in the house. The chef’s kitchen is complete with Wolf and SubZero appliances set againstcustom cabinetry that is timeless and built for a lifetime. Large wet/powered island and separate pantry area with beautiful granite throughout. Gleaming hardwood floors and an open layout lead to a large Trex deck with panoramic water views and full awning coverage. Two beautiful bathrooms and cedar closets throughout. The living room has a gas fireplace for wintry nights. The full basement has laundry connections and provides significant storage space. The home is equipped with a high efficiency heating system and central vac. Minutes from everything – prime restaurants, shopping, highway access and excellent schools. 2 hours from NYC and BOS. This is a rare opportunity to own your own piece of heaven, ready for seasonal or year-round enjoyment.

Last Agent to Sell the Property

Gigi Giordano Taylor

Compass Connecticut, LLC License #REB.0789894 Listed on: 05/24/2019

Compass Connecticut, LLC

Co-Listed By

Michael Marsden

Compass Connecticut, LLC License #RES.0772029

Last Buyer's Agent

Joesph Stafford

Joseph Stafford Associates License #REB.0649725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,380

Year Built

  • Built in 1957

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Open Lot
  • Cleared Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Concrete Flooring
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Parking Deck
  • Unpaved Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Hot Water Circulator
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,380

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1269
  • Public Record Living Room Sq Ft: 922
  • Total Sq Ft: 1269
  • Year Built: 1957
  • Nearby Amenities: Medical Facilities, Shopping/Mall
  • Remarks Public Addendum: Square footage is 1300 +/- The 922 on the tax card does not both bedrooms on the upper level.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2546
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Route 1 To Old Boston Post Road to Middletown Ave take a left on Chartier Avenue and a left onto River Avenue to House on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Concrete Floor, Sump Pump
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Lower
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 22

Exterior Features

  • Exterior Features: Awnings, Deck, Shed
  • Exterior Siding: Shake, Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Dock or Mooring, Association Optional
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle School: Old Saybrook
  • High School: Old Saybrook
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1300
  • Lot Description: Open Lot, In Flood Zone, Cleared, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5380
  • Total Assessed Value: 272400
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1025420

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

Listed on
May 24, 2019
Closed on
Feb 26, 2020
Sold by
Galipeau Joseph P and Galipeau Cynthia A
Bought by
Stanton Michael J and Stanton Anne L
Seller's Agent
Gigi Giordano Taylor
Compass Connecticut, LLC
Buyer's Agent
Joesph Stafford
Joseph Stafford Associates
List Price
$899,000
Sold Price
$575,000
Premium/Discount to List
-$324,000
-36.04%
Current Estimated Value
$755,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,619
Avg. Annual Appreciation
5.80%
Original Mortgage
$400,000
Outstanding Balance
$356,427
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,073

Purchase Details

Closed on
Aug 2, 2004
Sold by
Bartlett Fredrick and Bartlett Sally
Bought by
Galipeau Cynthia and Galipieau Joseph
Source: Public Records

Range of Values:

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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
Stanton Michael J $575,000 None Available
Galipeau Cynthia $456,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Michael J $85,000
Open Stanton Michael J $400,000
Previous Owner Bartlett Frederick E $370,000
Previous Owner Bartlett Frederick E $15,000
Previous Owner Bartlett Frederick E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $575,000 -4.2% $453 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
11/16/2019 11/16/19 Price Changed $599,900 -7.7% $473 / Sq Ft
10/13/2019 10/13/19 Price Changed $649,900 -3.7% $512 / Sq Ft
08/18/2019 08/18/19 Price Changed $675,000 -10.0% $532 / Sq Ft
07/19/2019 07/19/19 Price Changed $749,900 -9.1% $591 / Sq Ft
06/11/2019 06/11/19 Price Changed $825,000 -8.2% $650 / Sq Ft
05/24/2019 05/24/19 For Sale $899,000 -- $708 / 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 $7,288 $470,200 $223,000 $247,200
2024 $4,742 $312,000 $223,000 $89,000
2023 $5,571 $272,400 $167,000 $105,400
2022 $5,470 $272,400 $167,000 $105,400
2021 $5,462 $272,400 $167,000 $105,400
2020 $5,462 $272,400 $167,000 $105,400
2019 $5,380 $272,400 $167,000 $105,400
2018 $5,288 $269,800 $167,000 $102,800
2017 $5,304 $269,800 $167,000 $102,800
2016 $5,164 $268,100 $167,000 $101,100
2015 $5,043 $268,100 $167,000 $101,100
2014 $4,960 $268,100 $167,000 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170199170

SmartMLS

APN: OSAY-000020-000028