NOT LISTED FOR SALE

38 Clearwater Rd Old Saybrook, CT 06475

Estimated Value: $734,000 - $821,661

3 Beds
2 Baths
1,380 Sq Ft
$557/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $730,000 $529 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,738/month

53 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Sound System
  • Kathleen E. Goodwin School Rated A-
  • Tennis Courts
  • Guest Parking

About This Home

As of August 2024

CORNFIELD POINT BEACH ASSOCIATION - Welcome Home to your own private year round beach getaway! This charming beach home is only 4 houses from the beach with water views! Move in ready and features an open floor plan, newly painted, newer windows, custom plantation shutters throughout, hardwood floors on the main level, surround sound speaker system, outdoor shower, newer roof, updated 200 amp electrical, The septic system was updated in 2018 and is WPCA compliant. No flood insurance is required. The walk out lower level has a full bathroom, an oversized washer/dryer, opportunity to renovate and plenty of storage space. Beautiful perennial gardens is so inviting! Private fenced in yard! Cornfield Point Beach has boat launch, kayak stand, tennis courts, clubhouse and more making this one of the most sought after beach communities! Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required. Welcome home to your own private getaway!

Last Agent to Sell the Property

Sharon Linder

Berkshire Hathaway NE Prop. License #RES.0800369 Listed on: 06/27/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Patrick Florio

Carl Guild & Associates License #RES.0815524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1923

Lot Details

  • 3,920 Sq Ft Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Shake Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Open Floorplan
  • Sound System
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • Private Driveway
  • Guest Parking
  • Visitor Parking

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • 60 Gallon+ Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1022932

Community Details

Overview

  • Association fees include club house, lake/beach access

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,042

Year Built

Built in 1923

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 1380
  • Total Sq Ft: 1380
  • Year Built: 1923
  • New Construction: No/Resale
  • Association Amenities: Club House, Guest Parking, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Main Street then take a right onto Maple Avenue to end to Town Beach Road then take a left on Clearwater. GPS friendly.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished, Storage, Interior Access, Walk-out
  • Interior Amenities: Audio System, Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Siding: Shake, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights View Access
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 3
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Electric, 100 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access
  • HOA Fees: 460
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Acres: 0.09
  • Lot Description: Fence - Wood Fence - Privacy Fence - Full Dry Sloping Lot Water View
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 1022932

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6042
  • Total Assessed Value: 397500
  • Mil Rate Total: 15.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Leblanc Glenn R and Leblanc Beth A
Bought by
Glenn and Glenn Beth A
Current Estimated Value
$768,415

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 2, 2024
Sold by
Johnson Emily V and Wallerstein Max N
Bought by
Leblanc Glenn R and Leblanc Beth A
Seller's Agent
Sharon Linder
Berkshire Hathaway NE Prop.
Buyer's Agent
Patrick Florio
Carl Guild & Associates
List Price
$850,000
Sold Price
$730,000
Premium/Discount to List
-$120,000
-14.12%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%

Purchase Details

Listed on
May 31, 2020
Closed on
Jul 13, 2020
Sold by
Becker Neil G
Bought by
Velta-Johnson Emily and Wallerstein Max N
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Hilary Culver
Carl Guild & Associates
List Price
$545,000
Sold Price
$540,000
Premium/Discount to List
-$5,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$486,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 6, 2012
Closed on
Sep 28, 2012
Sold by
Herrick Valerie
Bought by
Becker Neil G
Seller's Agent
Maris LeBlanc
William Pitt Sotheby's Int'l
Buyer's Agent
Cheryl Cook
Re/Max Valley Shore
List Price
$399,900
Sold Price
$330,000
Premium/Discount to List
-$69,900
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
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
Glenn -- None Available
Glenn -- None Available
Leblanc Glenn R $730,000 None Available
Leblanc Glenn R $730,000 None Available
Velta-Johnson Emily $540,000 None Available
Velta-Johnson Emily $540,000 None Available
Becker Neil G $330,000 --
Becker Neil G $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velta-Johnson Emily $486,000
Previous Owner Herrick Valerie A $312,000
Previous Owner Herrick Valerie A $200,000
Previous Owner Herrick Valerie A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $730,000 -8.6% $529 / Sq Ft
07/11/2024 07/11/24 Price Changed $799,000 -6.0% $579 / Sq Ft
06/27/2024 06/27/24 For Sale $850,000 +57.4% $616 / Sq Ft
07/17/2020 07/17/20 Sold $540,000 -0.9% $391 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $545,000 +65.2% $395 / Sq Ft
09/28/2012 09/28/12 Sold $330,000 -17.5% $239 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $399,900 -- $290 / 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 $6,161 $397,500 $200,600 $196,900
2024 $6,042 $397,500 $200,600 $196,900
2023 $5,070 $247,900 $136,300 $111,600
2022 $4,978 $247,900 $136,300 $111,600
2021 $4,970 $247,900 $136,300 $111,600
2020 $4,970 $247,900 $136,300 $111,600
2019 $4,896 $247,900 $136,300 $111,600
2018 $5,076 $259,000 $136,300 $122,700
2017 $5,092 $259,000 $136,300 $122,700
2016 $4,988 $259,000 $136,300 $122,700
2015 $4,872 $259,000 $136,300 $122,700
2014 $4,792 $259,000 $136,300 $122,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24028045

SmartMLS

APN: OSAY-000003-000050