$375,000
SOLD NOV 17, 2022

3 Neptune Ave Old Saybrook, CT 06475

2 Beds
1 Bath
748 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$501 Per Sq Ft

12% Below List Price

15 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Finished Attic
  • No HOA

About This Home

As of November 2022

Location, location, location! This adorable seasonal cottage has deeded beach rights and is situated just around the corner from Saybrook Manor Cove private beach. The town has this as a one bedroom dwelling but there is a finished attic that provides additional sleeping space. 528 sf is for the main house plus the finished attic. The two porches provide an additional 220 sf of living space. Sit on your charming front porch and enjoy views of Oyster River. The back porch offers a great spot to have a morning coffee or a bite to eat. The living room has a new wall unit air conditioner and a granite breakfast bar ideal for quick snacks. The kitchen is updated with lovely new cabinets and granite counter tops. There is a first floor bedroom and a remodeled full bathroom with stall shower plus a handy outside shower. The electrical is all updated and there is baseboard in the living room area; there's a hot water on demand system and a new roof was just installed this summer. Most of the furnishings will remain. Saybrook Manor Cove is a voluntary association that exists for the care and maintenance of the beach and sandy path that leads to it. They also plan social events in the summer months. Dues are $300. per year for those who wish to join. A short bike ride will take you into the center of Old Saybrook with its village atmosphere, quaint shops and restaurants. It's an idyllic way to spend your summers!

Last Agent to Sell the Property

Joanne Breen

ERA Hart Sargis-Breen License #REB.0073462 Listed on: 09/02/2022

ERA Hart Sargis-Breen

Last Buyer's Agent

Tyler Devine

Coldwell Banker Realty License #RES.0809052

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 748 Sq Ft Home
  • Water Views
  • Finished Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,538

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Neighborhood: Saybrook Manor
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 748
  • Public Record Living Room Sq Ft: 528
  • Total Sq Ft: 748
  • Year Built: 1950
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1100
  • Directions: Middletown Avenue to Neptune Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Finished
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Clapboard, Wood
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Optional, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0700
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3538
  • Total Assessed Value: 176200
  • Mil Rate Base: 20.080
  • Mil Rate Total: 20.080
  • Assessor Parcel Number: 1025260

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 17, 2022
Sold by
Thomas E & L R Lee Ft
Bought by
Fess Allyson N and Fess Michael P
Seller's Agent
Joanne Breen
ERA Hart Sargis-Breen
Buyer's Agent
Tyler Devine
Coldwell Banker Realty
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Views
140
Current Estimated Value
$471,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,934
Avg. Annual Appreciation
8.41%
Original Mortgage
$281,250
Outstanding Balance
$273,354
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,549

Purchase Details

Closed on
Mar 15, 2021
Sold by
Crescimano-Lee Lisa R
Bought by
Thomas E & L R Lee Ft

Purchase Details

Closed on
Nov 30, 2017
Sold by
Crescimano Crescimano-Cardella S and Crescimano Christopher M
Bought by
Crescimano-Lee Lisa R and Lee Thomas E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 None Available
Warranty Deed -- None Available
Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $375,000 -3.8% $501 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $390,000 -8.2% $521 / Sq Ft
09/06/2022 09/06/22 For Sale $425,000 -- $568 / 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 $4,008 $258,600 $152,600 $106,000
2024 $3,931 $258,600 $152,600 $106,000
2023 $3,603 $176,200 $136,700 $39,500
2022 $3,538 $176,200 $136,700 $39,500
2021 $3,533 $176,200 $136,700 $39,500
2020 $3,533 $176,200 $136,700 $39,500
2019 $3,480 $176,200 $136,700 $39,500
2018 $2,644 $134,900 $89,200 $45,700
2017 $2,652 $134,900 $89,200 $45,700
2016 $2,598 $134,900 $89,200 $45,700
2015 $2,537 $134,900 $89,200 $45,700
2014 $2,496 $134,900 $89,200 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170520791

SmartMLS

APN: OSAY-000019-000221