NOT LISTED FOR SALE

27 Reservoir Rd Old Saybrook, CT 06475

Estimated Value: $120,000 - $200,000

0.28 Acre
$537,689 Price per Acre
12,197 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $94,500 $262 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $864/month

401 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Many Trees
  • Kathleen E. Goodwin School Rated A-
  • Property is near shops

About This Lot

As of June 2021

LAND in Old Saybrook!! Own a small slice of heaven with .28 acres being sold "AS IS". Views of the Obed Reservoir with rights to use the reservoir for fishing, boating, swimming and skating, and also gives the right to pass and repass over the Piontkowski property between 27 Reservoir Road and Obed Reservoir per the deed. There was once a 360 sf cottage on the land that has since been deemed uninhabitable, but had electricity, it's own well and propane.
There is an Optional Reservoir Beach Association Fee-costs approx $250 annually but can fluctuate depending on needs for the year and allows usage of the beach area with floating dock, canoes, picnic tables and fire pit.

Last Agent to Sell the Property

Lara Luciani

William Raveis Real Estate License #RES.0766121 Listed on: 03/23/2020

William Raveis Real Estate

Last Buyer's Agent

Phil Ledwith

Century 21 AllPoints Realty License #RES.0393823

Century 21 AllPoints Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $936

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Dirt Road
  • Unpaved Streets
  • Many Trees
  • Property is zoned AA-1

Property Views

  • Water Views

Location

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

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$936

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Shopping/Mall, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 09/21/2020
  • Directions: GPS Friendly-there will be a sign up shortly
  • Special Features: None

Interior Features

  • Street Number Modifier: 27

Exterior Features

  • Waterfront Description: Access, Association Optional, View
  • Road Frontage Description: Unpaved Road, Dirt/Gravel Road
  • Road Frontage Approximate: 80

Utilities

  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2800
  • Lot Description: Treed
  • Flood Zone: No
  • Lots Number Of: 1
  • Zoning: AA-1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 936
  • Total Assessed Value: 46700
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1028601

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
Mar 23, 2020
Closed on
Jun 1, 2021
Sold by
Michaels-Beare Susan
Bought by
Michaels Robert L
Seller's Agent
Lara Luciani
William Raveis Real Estate
Buyer's Agent
Phil Ledwith
Century 21 AllPoints Realty
List Price
$110,000
Sold Price
$94,500
Premium/Discount to List
-$15,500
-14.09%
Current Estimated Value
$150,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,053
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Sep 17, 1973
Bought by
Michaels Pauline
Source: Public Records

Range of Values:

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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
Michaels Robert L $94,500 None Available
Michaels Pauline -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $94,500 -14.1% $263 / Sq Ft
03/23/2020 03/23/20 For Sale $110,000 -- $306 / 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 $783 $50,500 $50,500 $0
2024 $768 $50,500 $50,500 $0
2023 $955 $46,700 $46,700 $0
2022 $938 $46,700 $46,700 $0
2021 $936 $46,700 $46,700 $0
2020 $936 $46,700 $46,700 $0
2019 $1,647 $83,400 $46,700 $36,700
2018 $1,772 $90,400 $46,300 $44,100
2017 $1,777 $90,400 $46,300 $44,100
2016 $1,741 $90,400 $46,300 $44,100
2015 $1,700 $90,400 $46,300 $44,100
2014 $1,672 $90,400 $46,300 $44,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lara Luciani

    William Raveis Real Estate

    (203) 623-2473

    5 in this area

    11 Total Sales

    Lara Luciani
    Section Image
  • Phil Ledwith

    Buyer's Agent in 2021

    Phil Ledwith

    Century 21 AllPoints Realty

    (860) 983-4122

    5 in this area

    42 Total Sales

    Phil Ledwith
    Section Image
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Map

Source: SmartMLS

MLS Number: 170283095

SmartMLS

APN: OSAY-000053-000007

Connecticut Middlesex County Old Saybrook 06475

27 Reservoir Rd, Old Saybrook, CT

This home is located at 27 Reservoir Rd, Old Saybrook, CT 06475 since 23 March 2020 and is currently estimated at $150,553, approximately $418 per square foot. 27 Reservoir Rd is a home located in Middlesex County with nearby schools including Kathleen E. Goodwin School, Old Saybrook Middle School, and Old Saybrook Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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