NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,535,691

2 Beds
2.5 Baths
1,634 Sq Ft
$813/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $638,000 $390 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $8,105/month

190 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of July 2020

Reduced $50,000 since we listed! Ocean Views!!! Live at the beach! Surrounded by a striking low stone wall, this year-round home is one house back from Long Island Sound! Located at the very edge of Cornfield Point Beach Association, the 1634 sq ft Nantucket-style Colonial is cedar-shake sided and sits on a level .21 acre corner lot steps to Long Island Sound. With gorgeous water views from almost every angle, enjoy the open floor plan on the first floor with large open spaces and lots of windows to allow the sunshine in and to enjoy the boats passing by. On the second floor, the generous-sized Master bedroom offers lots of windows and a seating area plus cedar lined closets. A second bedroom also enjoys amazing views. The large 3-season enclosed porch, always the favorite summer spot to hang out offers an abundant space plus an attached 2 car garage and full, finished basement . Don't miss this one-of-a-kind opportunity!!! Newer septic - WPCA compliant. Not in a flood zone! The current association fees are $412.00 which provides the owners use of the private beach, private boat launch, club house, tennis court and year round trash pickup. www.cornfieldpointassociation.com

Last Agent to Sell the Property

Lisa Genovali

Re/Max Valley Shore License #RES.0542041 Listed on: 11/18/2019

Re/Max Valley Shore

Last Buyer's Agent

Lisa Genovali

Re/Max Valley Shore License #RES.0542041 Listed on: 11/18/2019

Re/Max Valley Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,668

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

HOA Fees

  • $34 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Masonry

Interior Spaces

  • 1,634 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,668

Year Built

Built in 1920

Lot Details

0

HOA Fees

$34 per month

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1634
  • Public Record Living Room Sq Ft: 1634
  • Total Sq Ft: 1634
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: www.cornfieldpointassociation.com
  • Public Record Gross Sq Ft: 3190
  • Directions: House is at corner of East Lane and Maple Avenue --- look for low stone wall -- driveway is on Maple Avenue.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Fully Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Electric Range, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 4

Exterior Features

  • Exterior Features: Patio, Porch-Enclosed
  • Exterior Siding: Shake, Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Trash Pickup
  • HOA Fees: 412
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2100
  • Lot Description: Water View, Level Lot, Fence - Stone
  • Flood Zone: No
  • Zoning: A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 8668
  • Total Assessed Value: 438900
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1022885

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jul 14, 2020
Sold by
Richard Braverman Lt
Bought by
Tannenbaum George and Tannenbaum Laura D
Seller's Agent
Lisa Genovali
Re/Max Valley Shore
Buyer's Agent
Lisa Genovali
Re/Max Valley Shore
List Price
$739,000
Sold Price
$638,000
Premium/Discount to List
-$101,000
-13.67%
Current Estimated Value
$1,328,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,173
Avg. Annual Appreciation
14.99%
Original Mortgage
$415,000
Outstanding Balance
$367,994
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$960,179

Purchase Details

Closed on
Jun 11, 2012
Sold by
Braverman Richard S
Bought by
Richard S Braverman Lt and Braverman Richard S

Purchase Details

Closed on
May 5, 2004
Sold by
Sattler Frederick
Bought by
Braverman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.39%

Purchase Details

Closed on
Jan 16, 1991
Sold by
Liebegott Ruth V
Bought by
Sattler Frederick W
Source: Public Records

Range of Values:

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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
Tannenbaum George $638,000 None Available
Richard S Braverman Lt -- --
Braverman Richard $785,000 --
Sattler Frederick W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tannenbaum George $415,000
Previous Owner Sattler Frederick W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $638,000 -7.4% $390 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $689,000 -3.0% $422 / Sq Ft
01/07/2020 01/07/20 Price Changed $710,000 -3.9% $435 / Sq Ft
11/18/2019 11/18/19 For Sale $739,000 -- $452 / 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 $12,349 $796,700 $438,000 $358,700
2024 $12,110 $796,700 $438,000 $358,700
2023 $9,258 $452,700 $281,900 $170,800
2022 $9,090 $452,700 $281,900 $170,800
2021 $9,077 $452,700 $281,900 $170,800
2020 $8,798 $438,800 $281,900 $156,900
2019 $8,668 $438,900 $282,000 $156,900
2018 $9,547 $487,100 $295,300 $191,800
2017 $9,576 $487,100 $295,300 $191,800
2016 $9,382 $487,100 $295,300 $191,800
2015 $9,162 $487,100 $295,300 $191,800
2014 $9,011 $487,100 $295,300 $191,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170252995

SmartMLS

APN: OSAY-000003-000002