31 Gates Rd Old Saybrook, CT 06475
Estimated Value: $692,000 - $1,190,669
2
Beds
1
Bath
1,150
Sq Ft
$802/Sq Ft
Est. Value
Highlights
- Water Views
- Beach Access
- Attic
- Kathleen E. Goodwin School Rated A-
- Ranch Style House
- 1 Fireplace
About This Home
As of August 2018Amazing location in Cornfield Point just steps to a sandy beach with NO flood insurance. This ideally located ranch has beautiful views and a flat property perfect for relaxing, entertaining or simply finding serenity by the shoreline. This home has two bedrooms, an open living room with fireplace and a bright sunroom where you can enjoy your morning coffee or dinner while looking out to the Sound and the incredible sunrises and sunsets. Move in time for summer to enjoy all that Old Saybrook and Cornfield Point have to offer. Cornfield Point is a sought after shoreline community offering its residents a nearly 3/4 mile wide waterfront on Long Island Sound. Residents and guests have access to private beaches, summer entertainment, a boat launch ramp, and many convenient benches inviting restful water views of the Sound and distant Long Island. Bring the boat, bring the kayaks, enjoy movie night on the beach, or relax in your hammock at home since this property offers you the neighborhood amenities, yet a quiet street and yard.
Last Agent to Sell the Property
Higgins Group Real Estate License #RES.0782380 Listed on: 06/24/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,023
Year Built
- Built in 1960
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
- Open Lot
- Cleared Lot
HOA Fees
- $35 Monthly HOA Fees
Home Design
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,150 Sq Ft Home
- 1 Fireplace
- Awning
- Water Views
- Pull Down Stairs to Attic
- Oven or Range
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Partial Basement
- Basement Hatchway
- Basement Storage
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Beach Access
- Public Water Access
- Walking Distance to Water
- Enclosed patio or porch
- Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil
- Oil Water Heater
- Fuel Tank Located in Basement
Community Details
- Association fees include club house, tennis, lake/beach access, trash pickup
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2018
Closed on
Aug 8, 2018
Sold by
Longobardi Mark L and Longobardi Linda R
Bought by
Pellici Elizabeth
Seller's Agent
Lynn Proudfoot
Higgins Group Real Estate
Buyer's Agent
Michelle Pirruccio
William Raveis Real Estate
List Price
$475,000
Sold Price
$402,000
Premium/Discount to List
-$73,000
-15.37%
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,417
Avg. Annual Appreciation
12.85%
Purchase Details
Closed on
Jan 18, 1994
Sold by
Noa Robert I and Noa Genevieve M
Bought by
Longobardi Mark L and Longobardi Linda R
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
7.22%
Mortgage Type
Unknown
Similar Homes in Old Saybrook, CT
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pellici Elizabeth | $402,000 | -- | |
| Longobardi Mark L | $133,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pellici Elizabeth | $150,000 | |
| Previous Owner | Longobardi Mark L | $192,500 | |
| Previous Owner | Longobardi Mark L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2018 08/06/18 | Sold | $402,000 | -10.6% | $350 / Sq Ft |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 07/21/2018 07/21/18 | Price Changed | $449,900 | -5.3% | $391 / Sq Ft |
| 06/24/2018 06/24/18 | For Sale | $475,000 | -- | $413 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,537 | $693,200 | $328,600 | $364,600 |
| 2023 | $5,673 | $277,400 | $184,400 | $93,000 |
| 2022 | $5,570 | $277,400 | $184,400 | $93,000 |
| 2021 | $5,562 | $277,400 | $184,400 | $93,000 |
| 2020 | $5,562 | $277,400 | $184,400 | $93,000 |
| 2019 | $5,479 | $277,400 | $184,400 | $93,000 |
| 2018 | $5,008 | $255,500 | $171,200 | $84,300 |
| 2017 | $5,023 | $255,500 | $171,200 | $84,300 |
| 2016 | $4,921 | $255,500 | $171,200 | $84,300 |
| 2015 | $4,806 | $255,500 | $171,200 | $84,300 |
| 2014 | $4,727 | $255,500 | $171,200 | $84,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Proudfoot
Seller's Agent in 2018
Lynn Proudfoot
Higgins Group Real Estate
(203) 209-7217
39 Total Sales
-
Michelle Pirruccio
Buyer's Agent in 2018
Michelle Pirruccio
William Raveis Real Estate
(860) 478-6003
68 Total Sales
Map
Source: SmartMLS
MLS Number: 170098909
APN: OSAY-000001-000054
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