NOT LISTED FOR SALE

Estimated Value: $1,418,847 - $1,974,000

5 Beds
4.5 Baths
4,551 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $1,060,000 $233 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,952/month

196 Days on Market

Highlights

  • River Front
  • Sub-Zero Refrigerator
  • Open Floorplan
  • Valley Regional High School Rated A-
  • 5.68 Acre Lot
  • Colonial Architecture

About This Home

As of June 2019

A fully renovated sensational country home located a short 5 minute drive to the quaint waterfront town of Essex. Crafted of stone, clapboard and slate, this 5 bedroom, 4.1 bath, 4,251 square foot “cottage” is set on a stunning 5.68 acres overlooking the Connecticut River. No expense spared nor detail overlooked in the extensive $2,000,000+ renovation and expansion of this incredible property. Recent updates include a state-of the-art heating system, generator, heated flooring, Waterworks bathrooms, and new master bedroom wing. Chef’s kitchen with custom cabinetry, granite counter tops, marble back splash, Wolf induction cooktop, dual Wolf wall ovens, Subzero refrigerator, and dual Asko dishwashers. Professionally landscaped grounds. The town of Essex offers restaurants, shops, CT River Museum, marinas, and yacht clubs. The nearby towns of Chester, Old Saybrook, and Old Lyme offer more theatre, art galleries, restaurants, and museums. The home is also a 3 minute drive to Pettipaug Yacht Club (PYC) with access to the CT river for kayaking, swimming, and sailing. PYC offers sailing programs for all ages as well as a rowing club. Conveniently located mid-way between New York City and Boston with easy access via rail, road, or air. Owner relocating and offering property significantly below replacement cost. Great opportunity to own an immaculate move-in ready slice of heaven with water views, quick Essex, Chester and shoreline access at an incredible price!

Last Listed By

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 11/05/2018

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,902

Year Built

  • Built in 1925

Lot Details

  • 5.68 Acre Lot
  • River Front
  • Secluded Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Garden

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Slate Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • Open Floorplan
  • Sound System
  • 2 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Bonus Room
  • Workshop
  • Concrete Flooring
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Finished Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Home Security

  • Home Security System
  • Smart Lights or Controls

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Solar Heating System
  • Heating system powered by solar not connected to the grid
  • Heating system powered by active solar

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Breezeway

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Deep River Elementary School
  • Valley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Underground Utilities
  • Power Generator
  • Private Company Owned Well
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,902

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4251
  • Sq Ft Est Heated Below Grade: 300
  • Total Sq Ft: 4551
  • Year Built: 1925
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: River Road to #350. Sign. Please do not drive up driveway without appointment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Finished, Storage Space
  • Basement Description: Full With Walk-Out, Partially Finished, Concrete Floor, Interior Access, Storage
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Range Hood, Subzero, Icemaker, Dishwasher, Disposal, Washer, Dryer, Wine Chiller
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Mud Room, Workshop
  • Laundry Room Location: Laundry Room First Floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Lighting
  • Street Number Modifier: 350

Exterior Features

  • Exterior Features: Balcony, Breezeway, French Doors, Garden Area, Lighting, Patio, Terrace, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Stone, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Slate
  • Waterfront Description: River, View
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Radiant, Solar, Zoned
  • Heat Fuel Type: Propane, Solar
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Deep River
  • High School: Valley

Green Features

  • Energy Features: Active Solar, Extra Insulation, Generator, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 5.6800
  • Lot Description: Secluded, Water View, Lightly Wooded, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RES

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 23902
  • Total Assessed Value: 826490
  • Mil Rate Base: 28.920
  • Mil Rate Total: 28.920
  • Assessor Parcel Number: 962879

MLS Schools

  • Elementary School: Deep River
  • High School: Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jun 7, 2019
Sold by
Abbot John F and Abbot Susan S
Bought by
Jafee James S and Sisson Terri E
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
List Price
$1,350,000
Sold Price
$1,060,000
Premium/Discount to List
-$290,000
-21.48%
Total Days on Market
196
Current Estimated Value
$1,700,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,949
Avg. Annual Appreciation
7.99%
Original Mortgage
$350,000
Outstanding Balance
$312,841
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,351,734

Purchase Details

Closed on
May 18, 1998
Sold by
Idler Nelson J
Bought by
Abbott John F and Abbott Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.08%
Mortgage Type
Unknown

Range of Values:

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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
Jafee James S -- --
Abbott John F $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaffe James S $150,000
Open Jafee James S $350,000
Previous Owner Abbott John F $417,000
Previous Owner Abbott John F $560,000
Previous Owner Abbott John F $480,000
Closed Abbott John F $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $1,060,000 -7.8% $233 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $1,150,000 -14.8% $253 / Sq Ft
11/05/2018 11/05/18 For Sale $1,350,000 -- $297 / 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 $23,097 $736,050 $122,500 $613,550
2023 $21,993 $736,050 $122,500 $613,550
2022 $21,331 $736,050 $122,500 $613,550
2021 $21,772 $736,050 $122,500 $613,550
2020 $24,910 $830,620 $152,740 $677,880
2019 $24,437 $830,620 $152,740 $677,880
2018 $24,315 $826,490 $152,740 $673,750
2017 $23,902 $826,490 $152,740 $673,750
2016 $22,753 $826,490 $152,740 $673,750
2015 $22,583 $859,320 $145,880 $713,440
2014 $22,239 $859,320 $145,880 $713,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170141602

SmartMLS

APN: DEEP-000072-000000-000004