NOT LISTED FOR SALE

29 Riverside Ave Old Saybrook, CT 06475

Estimated Value: $983,000 - $2,243,719

0.75 Acre
$2,437,240 Price per Acre
32,670 Sq Ft Lot

Last Sold April 09, 2016

Last sale price $325,000

Est. 462% increase in value since last sale

Current estimated payment $11,227/month

227 Days on Market

Highlights

  • River Front
  • 0.75 Acre Lot
  • Partially Wooded Lot
  • Kathleen E. Goodwin School Rated A-
  • Secluded Lot
  • No HOA

About This Lot

As of April 2016

Scenic water views of the CT River are protected by a deeded view easement. This lightly wooded .75 acre lot located at Ferry Point offers privacy in a tranquil natural setting that sets off a windy road and well above the river. Not in a flood zone. Town road, public water in street, septic required- no recent tests. Build your dream home a little closer to heaven.

Last Agent to Sell the Property

Susan Malton

Coldwell Banker Realty License #RES.0757374 Listed on: 05/29/2015

Coldwell Banker Realty

Last Buyer's Agent

Susan Malton

Coldwell Banker Realty License #RES.0757374 Listed on: 05/29/2015

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,196

Lot Details

  • 0.75 Acre Lot
  • River Front
  • Secluded Lot
  • Partially Wooded Lot

Property Views

  • Water Views

Schools

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

Utilities

  • Heating System Uses Oil Above Ground
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ferry Point Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,196

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions, Easements
  • Directions: Rt 154 to Essex Rd to Riverside Ave to end of paved road. Lot is on left side-see sign.
  • Special Features: None

Exterior Features

  • Waterfront Description: River, View
  • Road Frontage Description: Paved Road, Municipal Street

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Old Saybrook

Lot Info

  • Acres: 0.7500
  • Lot Description: Lightly Wooded, Secluded, Water View
  • Development Status: Approved Lot
  • Flood Zone: No
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4196
  • Assessor Parcel Number: 1029150

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Apr 11, 2016
Sold by
Lynch-Gannon Susan
Bought by
Nicholas Richard J and Nicholas Nancy J
Seller's Agent
Susan Malton
Coldwell Banker Realty
Buyer's Agent
Susan Malton
Coldwell Banker Realty
List Price
$390,000
Sold Price
$325,000
Premium/Discount to List
-$65,000
-16.67%
Current Estimated Value
$1,827,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,502,930
Avg. Annual Appreciation
19.55%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Gannon Susan Lynch
Bought by
Lynch Peter Earle

Purchase Details

Closed on
Jan 12, 2001
Sold by
Lynch Robert S
Bought by
Lynch-Gannon Susan
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
Nicholas Richard J $325,000 --
Lynch Peter Earle $250,000 --
Ns Prop Llc $125,000 --
Lynch-Gannon Susan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch-Gannon Susan $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2016 04/09/16 Sold $325,000 -16.7% --
01/11/2016 01/11/16 Pending -- -- --
05/29/2015 05/29/15 For Sale $390,000 -- --
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 $19,342 $1,247,900 $333,500 $914,400
2024 $18,968 $1,247,900 $333,500 $914,400
2023 $17,256 $843,800 $301,100 $542,700
2022 $16,944 $843,800 $301,100 $542,700
2021 $16,918 $843,800 $301,100 $542,700
2020 $16,918 $843,800 $301,100 $542,700
2019 $16,665 $843,800 $301,100 $542,700
2018 $33,055 $1,686,500 $306,200 $1,380,300
2017 $11,470 $583,400 $306,200 $277,200
2016 $5,897 $306,200 $306,200 $0
2015 $5,760 $306,200 $306,200 $0
2014 $5,665 $306,200 $306,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10047007

SmartMLS

APN: OSAY-000059-000088-000003