NOT LISTED FOR SALE

33 Gates Rd Old Saybrook, CT 06475

Estimated Value: $1,198,000 - $1,276,000

3 Beds
1.5 Baths
1,981 Sq Ft
$628/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $1,150,000 $581 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,874/month

4 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • 2 Fireplaces
  • Kathleen E. Goodwin School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of June 2023

Enjoy Awe-Inspiring, panoramic coastline views from Old Saybrook’s prestigious Cornfield Point. 33 Gates Road is your gateway to a resort-like lifestyle where home and being away on a holiday share the same address. Water views, gentle seaside breezes, and two beautiful private beaches are just the start of this indoor/outdoor adventure. This Cape Cod post and beam home is casually elegant and beach-modern as well. Anchored by a stately fireplace, the living room is accented by exposed beams and natural light illuminating from the front porch and a well-placed row of windows. The appointed dining room is centrally loacted between the living room and is the chic, light and bright kitchen. The kitchen’s window gives you an ideal look at the back yard and frames in the magnificent sunsets in the coastlines western sky. The custom built home also features a first-floor private primary bedroom. The loft-like upper level begins with a tranquil sitting area that leads to two private bedrooms, both with sky lights, and one of them spotlights a prime water view. This ideal location enjoys convenient proximity to golf, tennis, basketball, water sports, dining and shops. Along with the beautiful sands of Cornfield Point this home comes with the courtesy of being completely furnished, mooring rights, and is even outfitted with an outdoor shower. It is time to take the opportunity to own a slice of Connecticut Coastal Paradise.

Last Agent to Sell the Property

Vicky Welch

William Raveis Real Estate License #RES.0759398 Listed on: 04/29/2023

William Raveis Real Estate

Last Buyer's Agent

Vicky Welch

William Raveis Real Estate License #RES.0759398 Listed on: 04/29/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,981 Sq Ft Home
  • 2 Fireplaces
  • Sitting Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Porch

Schools

  • Old Saybrook High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,070

Year Built

Built in 1954

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1981
  • Public Record Living Room Sq Ft: 1981
  • Total Sq Ft: 1981
  • Year Built: 1954
  • Association Amenities: Basketball Court, Club House, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3875
  • Directions: GPS FRIENDLY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Sitting Room
  • Attic: No
  • Street Number Modifier: 33

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access
  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Old Saybrook

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Zoning: A

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7070
  • Total Assessed Value: 352100
  • Mil Rate Base: 20.080
  • Mil Rate Total: 20.080
  • Assessor Parcel Number: 1022712

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
May 25, 2023
Sold by
Beal Melvin A and Beal Barbara A
Bought by
Baranowski Pamela G and Baranowski Scott C
Seller's Agent
Vicky Welch
William Raveis Real Estate
Buyer's Agent
Vicky Welch
William Raveis Real Estate
List Price
$1,270,000
Sold Price
$1,150,000
Premium/Discount to List
-$120,000
-9.45%
Total Days on Market
4
Views
108
Current Estimated Value
$1,243,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,850
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jul 3, 1997
Sold by
Dorsey Mariane and Dinunzio Margaret
Bought by
Beal Melvin A and Beal Barbara A
Source: Public Records

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Range of Values:

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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
Baranowski Pamela G $1,150,000 None Available
Beal Melvin A $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beal Melvin A $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $1,150,000 -9.4% $581 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $1,270,000 -- $641 / 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
2024 $10,593 $696,900 $358,500 $338,400
2023 $7,200 $352,100 $164,600 $187,500
2022 $7,070 $352,100 $164,600 $187,500
2021 $7,060 $352,100 $164,600 $187,500
2020 $7,060 $352,100 $164,600 $187,500
2019 $6,954 $352,100 $164,600 $187,500
2018 $7,295 $372,200 $171,200 $201,000
2017 $7,317 $372,200 $171,200 $201,000
2016 $7,169 $372,200 $171,200 $201,000
2015 $7,001 $372,200 $171,200 $201,000
2014 $6,886 $372,200 $171,200 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170565462

SmartMLS

APN: OSAY-000001-000053