NOT LISTED FOR SALE

28 Riverside Ave Old Saybrook, CT 06475

Estimated Value: $1,157,000 - $1,688,555

4 Beds
2 Baths
2,382 Sq Ft
$564/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $710,000 $298 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,303/month

137 Days on Market

Highlights

  • Health Club
  • Medical Services
  • 0.83 Acre Lot
  • Kathleen E. Goodwin School Rated A-
  • River Front
  • Cape Cod Architecture

About This Home

As of November 2017

Spectacular water views and over 220' of water frontage on the CT River! This charming 2,382 square foot Cape with four bedrooms, including a first floor suite; is possibly the best waterfront value on the CT shoreline. Sold for $1,700,000 in 2006 and recent improvements made. Located close to marinas and Long Island Sound on a street with homes in the $1,500,000+ range. New granite counter tops in the kitchen, spacious new deck and a garage added to the property since last purchased. Interior photos coming soon. Beautifully decorated. This is an outstanding opportunity in a desirable location. Low taxes and no flood insurance required! Call today for your tour!

Last Agent to Sell the Property

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 05/25/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Nancy Mesham

Coldwell Banker Realty License #RES.0760007

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,165

Year Built

  • Built in 1950

Lot Details

  • 0.83 Acre Lot
  • River Front
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,382 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

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

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Community Details

Recreation

  • Health Club
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Putting Green
  • Park

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,165

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Public Record Living Room Sq Ft: 2382
  • Total Sq Ft: 2382
  • Year Built: 1950
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • In Law Access: First Floor
  • Association Amenities: Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Putting Green, Tennis Courts
  • In Law Apartment: Yes
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3350
  • Directions: Essex Rd to Riverside Ave. Property on right. No sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Balcony, Deck, Porch-Enclosed, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: River, View
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air, Zoned
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.8300
  • Lot Description: Water View, Level Lot
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6165
  • Assessor Parcel Number: 1029155

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Seifel Donald R
Bought by
Donald R Seifel Jr Ret and Seifel
Current Estimated Value
$1,343,389

Purchase Details

Listed on
May 25, 2017
Closed on
Nov 3, 2017
Sold by
Hansen William T and Hansen Joslyn L
Bought by
Seifel Donald R
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$797,000
Sold Price
$710,000
Premium/Discount to List
-$87,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$568,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 29, 2012
Closed on
Apr 16, 2013
Sold by
Ner Auction System Of
Bought by
Hansen William T and Hansen Joslyn L
Seller's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
Buyer's Agent
Kathy Murphy
KW Legacy Partners
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$360,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Cohan Tr Susan and Chase David
Bought by
Ner Auction System Inc
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
Donald R Seifel Jr Ret -- None Available
Seifel Donald R $710,000 --
Hansen William T $450,000 --
Ner Auction System Inc $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ner Auction System Inc $568,000
Previous Owner Ner Auction System Inc $500,000
Previous Owner Ner Auction System Inc $360,000
Previous Owner Ner Auction System Inc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2017 11/16/17 Sold $710,000 -8.6% $298 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
08/07/2017 08/07/17 Price Changed $777,000 -2.5% $326 / Sq Ft
05/25/2017 05/25/17 For Sale $797,000 +77.1% $335 / Sq Ft
04/12/2013 04/12/13 Sold $450,000 -18.2% $189 / Sq Ft View Prior Sale
01/21/2013 01/21/13 Pending -- -- --
09/29/2012 09/29/12 For Sale $550,000 -- $231 / 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 $14,843 $957,600 $573,000 $384,600
2024 $14,556 $957,600 $573,000 $384,600
2023 $9,838 $481,100 $245,500 $235,600
2022 $9,660 $481,100 $245,500 $235,600
2021 $9,646 $481,100 $245,500 $235,600
2020 $9,646 $481,100 $245,500 $235,600
2019 $9,502 $481,100 $245,500 $235,600
2018 $6,274 $320,100 $208,500 $111,600
2017 $6,293 $320,100 $208,500 $111,600
2016 $6,165 $320,100 $208,500 $111,600
2015 $6,021 $320,100 $208,500 $111,600
2014 $5,922 $320,100 $208,500 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10215236

SmartMLS

APN: OSAY-000059-000094