NOT LISTED FOR SALE

367 Main St Unit 4 Old Saybrook, CT 06475

Estimated Value: $538,000 - $610,000

2 Beds
2 Baths
1,042 Sq Ft
$25/mo HOA Fee

Last Sold April 19, 2024

Last sale price $536,999 $515 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,580/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • End Unit
  • Kathleen E. Goodwin School Rated A-
  • 1 Fireplace
  • Cul-De-Sac

About This Home

As of April 2024

Highly sought after Banbury Crossing free standing ranch-style condo on cul de sac. Great opportunity to own a getaway place or year-around condo in lovely Old Saybrook. Upon entering you you will find two bedrooms, two full baths, dining room and in-unit laundry off kitchen. New stove, refrigerator, and dishwasher. Washer and Dryer included. Beautiful vaulted ceiling and fireplace in living room. Private deck in rear. Ample room in the one-car attached garage perfect for extra storage.Walk to Saybrook Point. Easy access to I95, Route 9, train station, and TOWN BEACHES. Two hours to Boston or NYC.

Last Agent to Sell the Property

Debbie Lupo

The Agency License #RES.0824757 Listed on: 04/12/2024

The Agency

Last Buyer's Agent

Debbie Lupo

The Agency License #RES.0824757 Listed on: 04/12/2024

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Shake Siding

Interior Spaces

  • 1,042 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Deck

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include grounds maintenance, snow removal, property management, road maintenance
  • 52 Units

Listing and Financial Details

  • Assessor Parcel Number 1025910

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,675

Year Built

Built in 1980

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Neighborhood: Fenwick
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1042
  • Total Sq Ft: 1042
  • Year Built: 1980
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Special Assessment Details: Yes / 2024 $2500 payable 3/31/24--2025 $
  • Directions: GPS friendly
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1042
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 367

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shake
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 2
  • Garage And Parking: Attached Garage, Driveway, Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Road Maintenance
  • Levels In Unit: 1
  • HOA Fees: 294
  • HOA Fee Frequency: Annually
  • Total Number of Units In Complex: Banbury Crossing

Schools

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

Lot Info

  • Lot Description: On Cul-De-Sac
  • Zoning: A
  • Parcel #: 1025910

Rental Info

  • Pets Allowed Info: Restrictions / Associatio
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 52

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4675
  • Total Assessed Value: 228500
  • Mil Rate Total: 20.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 15, 2024
Sold by
Thompson Dorothy C
Bought by
Ruzicka Denise and Hayes Paul
Seller's Agent
Debbie Lupo
The Agency
Buyer's Agent
Debbie Lupo
The Agency
List Price
$529,000
Sold Price
$536,999
Premium/Discount to List
$7,999
1.51%
Views
168
Current Estimated Value
$581,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,695
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Oct 4, 2021
Sold by
Thompson Herber H
Bought by
Thompson Dorothy C

Purchase Details

Closed on
Jun 5, 2006
Sold by
Jenney Virqinia
Bought by
Thompson Herbert and Thompson Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ruzicka Denise $536,999 None Available
Ruzicka Denise $536,999 None Available
Thompson Dorothy C -- None Available
Thompson Dorothy C -- None Available
Thompson Herbert $400,000 --
Thompson Herbert $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Herbert $105,000
Previous Owner Thompson Herbert $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $536,999 +1.5% $515 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $529,000 -- $508 / 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 $5,651 $364,600 $0 $364,600
2024 $5,542 $364,600 $0 $364,600
2023 $4,673 $228,500 $0 $228,500
2022 $4,588 $228,500 $0 $228,500
2021 $4,581 $228,500 $0 $228,500
2020 $4,581 $228,500 $0 $228,500
2019 $4,513 $228,500 $0 $228,500
2018 $4,386 $223,800 $0 $223,800
2017 $4,400 $223,800 $0 $223,800
2016 $4,310 $223,800 $0 $223,800
2015 $4,210 $223,800 $0 $223,800
2014 $4,140 $223,800 $0 $223,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24009910

SmartMLS

APN: OSAY-000022-000251-D000004