NOT LISTED FOR SALE

39 N Cove Rd Old Saybrook, CT 06475

Estimated Value: $2,222,000 - $5,519,000

3 Beds
3 Baths
3,688 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $1,570,380 $426 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $25,076/month

12 Days on Market

Highlights

  • Health Club
  • Waterfront
  • Cape Cod Architecture
  • Kathleen E. Goodwin School Rated A-
  • 2.75 Acre Lot
  • Wetlands on Lot

About This Home

As of June 2017

A rare offering in a cherished North Cove location! Solidly built in the late 1950's with additions and renovations along the way, this 3,600 sq. ft. Cape style home sits in quiet elegance on 2.9 waterfront acres overlooking North Cove and its surrounding estuary. The house provides superb one floor living with one end devoted to a large and elaborate Master Suite featuring a new bath, spa tub room and two walk-in closets. The general floor plan provides a choice of easy and gracious living spaces all providing great light and inviting water views. The Florida Room is a favorite place for gatherings large or small to soak in the surroundings and enjoy life. The L shaped Living and Dining areas are accessed off a large foyer and work well for more formal occasions. Plenty of storage in both the 36x10 attic or full basement with workshop. Boaters will appreciate the dock which has an affixed walkway with a ramp and float providing 2-3 feet of water at low tide. The underlying 2.9 acres is made up of two surveyed lots, a 1.4 house lot and a 1.5 adjoining vacant lot.

Last Agent to Sell the Property

Judy Schaaf

Coldwell Banker Realty License #RES.0606540 Listed on: 03/29/2017

Coldwell Banker Realty

Co-Listed By

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631

Last Buyer's Agent

Craig Milton

Re/Max Valley Shore License #REB.0756400

Re/Max Valley Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,151

Year Built

  • Built in 1957

Lot Details

  • 2.75 Acre Lot
  • Waterfront
  • Garden

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3,688 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Workshop
  • Concrete Flooring
  • Water Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Partially Finished Attic
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Wetlands on Lot
  • Patio
  • Breezeway

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Zoned Heating
  • Floor Furnace
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

Overview

  • No Home Owners Association

Recreation

  • Health Club
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,151

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 3688
  • Year Built: 1957
  • Nearby Amenities: Health Club, Park
  • Association Amenities: Health Club, Park
  • Easements Right Of Way: ROW for neighbor
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street through town to North Cove Road.. property on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Crawl Space, Floored, Partially Finished, Storage Space
  • Basement Description: Concrete Floor, Full
  • Interior Amenities: Security System
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Workshop
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 39/49

Exterior Features

  • Exterior Features: Breezeway, Garden Area, Patio
  • Exterior Siding: Clapboard, Wood
  • Waterfront Description: Dock or Mooring, Frontage, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Radiator, Zoned
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 2.7500
  • Lot Description: Some Wetlands, Water View
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 18151
  • Total Assessed Value: 942400
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1026827

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 7, 2017
Sold by
Johnson Horton A and Johnson Caryl D
Bought by
Olson Robert W and Olson Virgina N
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Craig Milton
Re/Max Valley Shore
List Price
$1,798,000
Sold Price
$1,570,380
Premium/Discount to List
-$227,620
-12.66%
Current Estimated Value
$4,063,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,492,773
Avg. Annual Appreciation
12.09%
Original Mortgage
$1,170,380
Outstanding Balance
$973,779
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,089,374

Purchase Details

Closed on
Mar 6, 1992
Sold by
Owen Alice F
Bought by
Johnson Horton A and Johnson Caryl
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
Olson Robert W $1,570,380 --
Johnson Horton A $762,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Horton A $1,170,380
Previous Owner Johnson Horton A $250,000
Previous Owner Johnson Horton A $250,000
Previous Owner Johnson Horton A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $1,570,380 -12.7% $426 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $1,798,000 -- $488 / 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 $42,408 $2,736,000 $1,335,300 $1,400,700
2024 $35,577 $2,340,600 $1,335,300 $1,005,300
2023 $18,352 $897,400 $519,500 $377,900
2022 $18,020 $897,400 $519,500 $377,900
2021 $17,991 $897,300 $519,400 $377,900
2020 $17,991 $897,300 $519,400 $377,900
2019 $17,722 $897,300 $519,400 $377,900
2018 $18,471 $942,400 $519,400 $423,000
2017 $18,528 $942,400 $519,400 $423,000
2016 $18,151 $942,400 $519,400 $423,000
2015 $17,727 $942,400 $519,400 $423,000
2014 $17,434 $942,400 $519,400 $423,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10207388

SmartMLS

APN: OSAY-000031-000017