NOT LISTED FOR SALE

367 Main St Unit 20 Old Saybrook, CT 06475

Estimated Value: $523,000 - $623,953

2 Beds
2.5 Baths
1,388 Sq Ft
$250/mo HOA Fee

Last Sold April 20, 2021

Last sale price $356,000 $256 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,692/month

53 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Enclosed Patio or Porch
  • Kathleen E. Goodwin School Rated A-
  • Cul-De-Sac
  • 1 Car Attached Garage

About This Home

As of April 2021

Buyer's remorse is good news for you.... back on the market at a new price to reflect updates needed! A rare opportunity to live in Banbury Crossing, a beautiful well maintained complex of free-standing units with attached garages. Located in the heart of downtown Old Saybrook with an inviting private entrance framed by a white picket fence, this townhouse features include an open floor plan, 2 large bedrooms, separate laundry room,
2-1/2 baths, gas fireplace, and a 3 season sunroom overlooking a large, open rear yard. Prime location on a small cul-de-sac! Ready for your updates!

Last Agent to Sell the Property

Lisa Genovali

Re/Max Valley Shore License #RES.0542041 Listed on: 02/18/2021

Re/Max Valley Shore

Co-Listed By

Patricia Marshall

Re/Max Valley Shore License #RES.0435750

Last Buyer's Agent

Lucia Uchalova

William Raveis Real Estate License #REB.0791254

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 1980

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

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

Home Security

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Cul-De-Sac

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance, flood insurance
  • 50 Units
  • Banbury Crossing Community
  • Property managed by self manages

Pet Policy

  • Pets Allowed

Additional Features

  • Public Transportation
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,004

Year Built

Built in 1980

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1388
  • Public Record Living Room Sq Ft: 1388
  • Total Sq Ft: 1388
  • Year Built: 1980
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Agent/owner related. Self-managed with reasonable association fee of only $250 per month. Association pays the master flood insurance policy. Owner pays flood insurance on contents of the unit. No hardwood under carpets.
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1840
  • Directions: Follow Main St. to white picket fence with Banbury Crossing sign at entrance #367. Follow signs for unit numbers. Unit #20
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: laundry room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 367

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas, Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance, Flood Insurance
  • Complex Name: Banbury Crossing
  • Levels In Unit: 2
  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: self manages

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Lot Description: On Cul-De-Sac
  • Flood Zone: Yes
  • Zoning: RS

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4004
  • Total Assessed Value: 199700
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1025923

Multi Family

  • Total Num Of Units: 50

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Jette John P and Jette Marta M
Bought by
Gabianelli Karen M
Current Estimated Value
$566,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$314,169
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,754

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 20, 2021
Sold by
Wells John
Bought by
Jette John P and Jette Marta M
Seller's Agent
Lisa Genovali
Re/Max Valley Shore
Buyer's Agent
Lucia Uchalova
William Raveis Real Estate
List Price
$349,900
Sold Price
$356,000
Premium/Discount to List
$6,100
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$284,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1992
Sold by
Kurzman Marc J and Kurzman Marcy
Bought by
Wells John W and Wells Joyce
Source: Public Records

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
Gabianelli Karen M $525,000 None Available
Gabianelli Karen M $525,000 None Available
Jette John P $356,000 None Available
Jette John P $356,000 None Available
Wells John W $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabianelli Karen M $315,000
Closed Gabianelli Karen M $315,000
Previous Owner Jette John P $284,000
Previous Owner Wells John W $50,000
Previous Owner Wells John W $16,396
Previous Owner Wells John W $7,500
Previous Owner Wells John W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $356,000 +4.7% $256 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/06/2021 03/06/21 Price Changed $339,900 -2.9% $245 / Sq Ft
02/18/2021 02/18/21 For Sale $349,900 -- $252 / 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 $5,096 $328,800 $0 $328,800
2024 $4,764 $313,400 $0 $313,400
2023 $4,084 $199,700 $0 $199,700
2022 $4,010 $199,700 $0 $199,700
2021 $4,004 $199,700 $0 $199,700
2020 $4,004 $199,700 $0 $199,700
2019 $3,944 $199,700 $0 $199,700
2018 $5,018 $256,000 $0 $256,000
2017 $5,033 $256,000 $0 $256,000
2016 $4,931 $256,000 $0 $256,000
2015 $4,815 $256,000 $0 $256,000
2014 $4,736 $256,000 $0 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170373409

SmartMLS

APN: OSAY-000022-000251-E000020