NOT LISTED FOR SALE

38 Sherwood Terrace Old Saybrook, CT 06475

Estimated Value: $242,000 - $314,000

0.23 Acre
$1,250,726 Price per Acre
10,019 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $175,000

Est. 64% increase in value since last sale

Current estimated payment $1,698/month

165 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • 3-minute walk to Old Saybrook Parks & Recreation
  • Kathleen E. Goodwin School Rated A-
  • Level Lot

About This Lot

As of June 2021

Lot is currently the parking area for the Sherwood School and is being offered in conjunction with the sale of 45 Sherwood Terrace. See MLS 170343173.
45 Sherwood Terrace must sell first if being acquired separately from 38 Sherwood Terrace.

Last Agent to Sell the Property

Pat Callahan

Coldwell Banker Realty License #RES.0094930 Listed on: 10/14/2020

Coldwell Banker Realty

Co-Listed By

Bill Sage

Coldwell Banker Realty License #RES.0771950

Coldwell Banker Realty

Last Buyer's Agent

Bill Sage

Coldwell Banker Realty License #RES.0771950

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,658

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Property is zoned VR

Location

  • Property is near shops

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,658

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Library, Medical Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Main St to Old Boston Post Rd to Sherwood Terr. Lot is parking area for Sherwood School
  • Special Features: None

Interior Features

  • Street Number Modifier: 38

Exterior Features

  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 80

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot Description: Open Lot, Level Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: VR

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 1658
  • Total Assessed Value: 82700
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1026728

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

Listed on
Oct 14, 2020
Closed on
Jun 11, 2021
Sold by
Anna Victoria Llc
Bought by
Bedcon Holdings Llc
Seller's Agent
Pat Callahan
Coldwell Banker Realty
Buyer's Agent
Bill Sage
Coldwell Banker Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$287,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,667
Avg. Annual Appreciation
11.72%
Original Mortgage
$400,000
Outstanding Balance
$363,724
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$84,724
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
Bedcon Holdings Llc $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedcon Holdings Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $175,000 0.0% --
03/28/2021 03/28/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $175,000 -- --
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 $1,559 $100,600 $100,600 $0
2024 $1,529 $100,600 $100,600 $0
2023 $1,691 $82,700 $82,700 $0
2022 $1,661 $82,700 $82,700 $0
2021 $1,658 $82,700 $82,700 $0
2020 $1,658 $82,700 $82,700 $0
2019 $1,633 $82,700 $82,700 $0
2018 $1,621 $82,700 $82,700 $0
2017 $1,626 $82,700 $82,700 $0
2016 $1,593 $82,700 $82,700 $0
2015 $1,556 $82,700 $82,700 $0
2014 $1,530 $82,700 $82,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170343214

SmartMLS

APN: OSAY-000030-000041