NOT LISTED FOR SALE

39 Laurel Cove Rd East Haddam, CT 06423

Estimated Value: $394,000 - $557,000

2 Beds
3 Baths
3,038 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $184,000 $61 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,221/month

485 Days on Market

Highlights

  • Lake Front
  • Deck
  • Partially Wooded Lot
  • Beach Access
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of May 2020

WORK ON THIS HOUSE NOW AND GET READY TO WELCOME SUMMER IN YOUR FABULOUS LAKE HOUSE!! It is the most affordable YEAR ROUND home at Bashan Lake!!! The town calls this home a Raised Ranch but it’s not. Two full, above ground living levels make the home more of a 1970's contemporary or Hi-Ranch. The ground level features a family room with wet bar, wood burning fireplace, full bath, walk-in cedar closet, laundry room (also plumbed to be a bath) garage and storage. The upper or main living level features a large living room with propane fireplace, dining room, kitchen, full hall bath with steam shower, master bedroom with full bath as well as a second bedroom. This entire level enjoys vaulted ceilings. The wrap around deck is massive at 1156 sq. ft. and is an entertainers dream! While not direct waterfront, the property has beach rights and is a mere 1 minute walk from the Association beach and enjoys seasonal water views. If boating is your thing, the Laurel Cove Association offers slips for $300 per year. The house is serviced by a well, septic, warm air heat and a crushed stone driveway provides ample parking for multiple cars. While completely livable, the house could use an inspired owner to rehab it and bring it into the 21st century! The design and location make this a true gem. Property being sold "as is." Inspections for informational purposes only.

Last Agent to Sell the Property

Juliet Cavanaugh

Cavanaugh & Company LLC License #REB.0789635 Listed on: 07/16/2018

Co-Listed By

Scott Nardozzi

Cavanaugh & Company LLC License #RES.0799545

Last Buyer's Agent

Dave Bolduc

Bolduc Realty Group License #REB.0794589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Lake Front
  • Partially Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,038 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • Association fees include lake/beach access, snow removal, road maintenance

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,724

Year Built

Built in 1972

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary, Hi-Ranch
  • Sq Ft Est Heated Above Grade: 3038
  • Public Record Living Room Sq Ft: 1538
  • Total Sq Ft: 3038
  • Year Built: 1972
  • Nearby Amenities: Lake
  • Association Amenities: Private Rec Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4378
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Mount Parnassus to Smith, left on Smith, right on Laurel Cove; house will be down the hill around corner on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 39

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 1
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance
  • HOA Fees: 325
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.4600
  • Lot Description: Water View, Lightly Wooded
  • Flood Zone: No
  • Zoning: L

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5724
  • Total Assessed Value: 188030
  • Mil Rate Base: 30.440
  • Mil Rate Total: 30.440
  • Assessor Parcel Number: 2269175

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
May 26, 2020
Sold by
Cotter Helen Est
Bought by
Magoveny Brenda and Magoveny Stuart
Seller's Agent
Juliet Cavanaugh
Cavanaugh & Company LLC
Buyer's Agent
Dave Bolduc
Bolduc Realty Group
List Price
$209,900
Sold Price
$184,000
Premium/Discount to List
-$25,900
-12.34%
Current Estimated Value
$486,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,817
Avg. Annual Appreciation
16.01%
Original Mortgage
$147,200
Outstanding Balance
$132,139
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,988

Purchase Details

Closed on
Nov 25, 2003
Sold by
Helen R Cotter Lt and Cotter Helen R
Bought by
Hanks Alan and Living Alan Hanks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.98%
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
Magoveny Brenda $184,000 None Available
Hanks Alan $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magoveny Brenda $147,200
Previous Owner Hanks Alan $150,000
Previous Owner Hanks Alan $63,000
Previous Owner Hanks Alan $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $184,000 -12.3% $61 / Sq Ft
03/30/2020 03/30/20 For Sale $209,900 0.0% $69 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $209,900 -9.9% $69 / Sq Ft
09/09/2019 09/09/19 For Sale $232,900 0.0% $77 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $232,900 0.0% $77 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $232,900 -10.3% $77 / Sq Ft
01/02/2019 01/02/19 For Sale $259,500 +41.0% $85 / Sq Ft
12/31/2018 12/31/18 Off Market $184,000 -- --
08/29/2018 08/29/18 Price Changed $259,500 -3.7% $85 / Sq Ft
07/16/2018 07/16/18 For Sale $269,500 -- $89 / 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 $7,489 $279,870 $111,520 $168,350
2023 $7,207 $279,870 $111,520 $168,350
2022 $5,977 $188,030 $77,220 $110,810
2021 $5,724 $188,030 $77,220 $110,810
2020 $5,724 $188,030 $77,220 $110,810
2019 $5,724 $188,030 $77,220 $110,810
2018 $5,577 $188,030 $77,220 $110,810
2017 $6,131 $207,260 $88,260 $119,000
2016 $6,083 $207,260 $88,260 $119,000
2015 $5,944 $207,260 $88,260 $119,000
2014 $5,783 $207,270 $88,270 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170106761

SmartMLS

APN: EHDM-000048M-000000-L000033