NOT LISTED FOR SALE

30 Economy Dr Westbrook, CT 06498

Estimated Value: $591,000 - $770,809

2 Beds
3 Baths
2,078 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $549,900 $265 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,994/month

132 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • 1 Fireplace
  • Westbrook Middle School Rated A-
  • Ranch Style House
  • Wrap Around Balcony

About This Home

As of November 2024

This property is ideally situated south of Route 1, offering stunning views of Salt Island and Long Island Sound. The home features an open floor plan with vaulted ceilings and hardwood floors throughout. The primary bedroom enjoys picturesque views of the Sound. The main floor includes two full bathrooms and ample storage space. Additionally, the property boasts a 500-square-foot accessory apartment, complete with one bedroom, a kitchen, a fireplace, and a full bathroom. The apartment also includes a walkout and dedicated storage area. The grounds are meticulously landscaped, enhancing the property's appeal. The two-car garage includes a heated basement area, which is ideal for use as an art studio or workshop. Recent upgrades to the property include seven new full sliders, a newly updated roof, a newly installed double-walled oil tank, fresh exterior paint, and all-new windows. The apartment has been fully renovated. Outdoor amenities feature a large 30x16 deck with Trex decking, offering beautiful views of Long Island Sound. The property is within a short walking distance to Waters Edge Beach Resort and all of Westbrook's town beaches.

Last Agent to Sell the Property

Shane Bonanno

Coldwell Banker Realty License #RES.0757925 Listed on: 05/10/2024

Coldwell Banker Realty

Last Buyer's Agent

Nick Prevost

William Raveis Real Estate License #RES.0816292

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Garden
  • Property is zoned HDR

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Wrap Around Balcony

Schools

  • Daisy Ingraham Elementary School
  • Westbrook High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Garage

Listing and Financial Details

  • Assessor Parcel Number 1040235

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,922

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Neighborhood: Little Standard Beach
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1578
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 2078
  • Year Built: 1969
  • New Construction: No/Resale
  • In Law Access: LOWER,ENTRY
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rte 1 To Economy Dr
  • Financing Used: VA
  • In Law Apartment: Yes
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Wrap Around Deck, Garden Area
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Oil, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Lot Info

  • Acres: 0.26
  • Lot Description: Dry Level Lot Water View
  • Zoning: HDR
  • Parcel #: 1040235

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6922

MLS Schools

  • Elementary School: Daisy Ingraham
  • High School: Westbrook

Matterport 3D Tour

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Nov 14, 2024
Sold by
Barrett Nile R B Est and Medeiros
Bought by
Mcbride Martin J and Mcbride Ella C
Seller's Agent
Shane Bonanno
Coldwell Banker Realty
Buyer's Agent
Nick Prevost
William Raveis Real Estate
List Price
$739,900
Sold Price
$549,900
Premium/Discount to List
-$190,000
-25.68%
Views
738
Current Estimated Value
$646,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,302
Avg. Annual Appreciation
15.65%
Original Mortgage
$494,910
Outstanding Balance
$489,983
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,219

Purchase Details

Closed on
Sep 10, 1998
Sold by
Selmont Edna M
Bought by
Barrett Nile Rb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1991
Sold by
Landfield Frieda S
Bought by
Selmont Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcbride Martin J $549,900 None Available
Mcbride Martin J $549,900 None Available
Barrett Nile Rb $146,000 --
Barrett Nile Rb $146,000 --
Selmont Judith M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Martin J $494,910
Closed Mcbride Martin J $494,910
Previous Owner Selmont Judith M $92,700
Previous Owner Selmont Judith M $100,000
Previous Owner Selmont Judith M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $549,900 0.0% $265 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $549,900 -8.3% $265 / Sq Ft
09/03/2024 09/03/24 Price Changed $599,900 -4.8% $289 / Sq Ft
07/22/2024 07/22/24 Price Changed $629,900 -3.1% $303 / Sq Ft
06/12/2024 06/12/24 Price Changed $649,900 -4.4% $313 / Sq Ft
05/28/2024 05/28/24 Price Changed $679,900 -2.9% $327 / Sq Ft
05/21/2024 05/21/24 Price Changed $699,900 -5.4% $337 / Sq Ft
05/18/2024 05/18/24 For Sale $739,900 -- $356 / 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 $7,178 $319,000 $175,600 $143,400
2024 $6,922 $319,000 $175,600 $143,400
2023 $6,801 $319,000 $175,600 $143,400
2022 $6,622 $319,000 $175,600 $143,400
2021 $6,463 $258,520 $126,630 $131,890
2020 $6,463 $258,520 $126,630 $131,890
2019 $6,378 $258,520 $126,630 $131,890
2018 $6,300 $258,520 $126,630 $131,890
2017 $6,300 $258,520 $126,630 $131,890
2016 $6,062 $261,980 $121,000 $140,980
2015 $5,897 $261,980 $121,000 $140,980
2014 $5,709 $261,980 $121,000 $140,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24017071

SmartMLS

APN: WBRO-000182-000000-000048