NOT LISTED FOR SALE

Estimated Value: $2,696,000 - $6,917,935

7 Beds
10 Baths
7,956 Sq Ft
$542/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $6,200,000 $779 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $31,077/month

73 Days on Market

Highlights

  • Guest House
  • Property Fronts a Bay or Harbor
  • 3.15 Acre Lot
  • Mill Hill School Rated A
  • Cabana
  • Colonial Architecture

About This Home

As of July 2021

Sasco Hill Waterfront - This elegant and meticulously maintained Regency style home was originally designed by Cameron Clark in 1934. It has undergone extensive updates and renovations over the years - the most recent by Jack Franzen. The charming 1,100 square foot guest house was designed by Albert Hadley. There is also a brand new kitchen and opened dining space on the lower level leading out to the terrace and pool area. The 3+ acre property is situated high on Sasco Hill Road to best take advantage of the expansive views of Southport Harbor and Village. One of only a few direct waterfront homes on the street, there is an opportunity for a private dock. The magnificent Agnes Clark designed gardens and pool are reminiscent of the French Riviera. If you are seeking a chic and sophisticated residence in which to live full time or a vacation home alternative to the Hamptons - look no further. [New Assessment $3,035,480, New Tax Amount $81,320]

Last Agent to Sell the Property

Andrew Whiteley

Brown Harris Stevens License #RES.0770852 Listed on: 03/22/2021

Brown Harris Stevens

Co-Listed By

Elizabeth Tritschler

William Raveis Real Estate License #RES.0774354

Last Buyer's Agent

LJ Wilks

William Pitt Sotheby's Int'l License #RES.0793682

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,320

Year Built

  • Built in 1934

Lot Details

  • 3.15 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is zoned AAA

Property Views

  • Water
  • Golf Course

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Slate Roof
  • Wood Siding
  • Concrete Siding
  • Masonry Siding
  • Stucco Exterior

Interior Spaces

  • Elevator
  • Sound System
  • Ceiling Fan
  • 3 Fireplaces
  • French Doors
  • Bonus Room
  • Home Security System
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Maid or Guest Quarters

Attic

  • Attic Floors
  • Partially Finished Attic

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Guest House

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Mill Hill Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: All light fixtures, 2 Markilux retractable awnings, gas grill, fireplace items, curtains and drapes. See list.

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,320

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Neighborhood: Sasco
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5908
  • Sq Ft Est Heated Below Grade: 2048
  • Total Sq Ft: 7956
  • Year Built: 1934
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • In Law Apartment: Yes
  • Exclusions: All light fixtures, 2 Markilux retractable awnings, gas grill, fireplace items, curtains and drapes. See list.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 03/22/2021
  • Directions: Post Road to Sasco Hill Rd, Home on Water Side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 7
  • Total Bathrooms: 10.00
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Partially Finished, Heated, Floored
  • Basement Description: Full, Fully Finished, Heated, Interior Access, Walk-out, Liveable Space
  • Interior Amenities: Audio System, Elevator, Security System
  • Appliances: Cook Top, Oven/Range, Wall Oven, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Bonus Room, Staff Quarters
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 402

Exterior Features

  • Exterior Features: Balcony, Cabana, French Doors, Guest House, Gutters, Lighting, Patio, Terrace, Underground Sprinkler
  • Exterior Siding: Brick, Wood, Stucco
  • Foundation Type: Brick, Concrete
  • Roof Information: Slate
  • Waterfront Description: Direct Waterfront, Harbor, View, Walk to Water
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Safety Fence, Gunite
  • Construction Description: Frame, Brick, Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Circular

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Mill Hill
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 3.1500
  • Lot Description: Water View, Golf Course View, Fence - Partial
  • Zoning: AAA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 81320
  • Total Assessed Value: 3035480
  • Mil Rate Base: 26.790
  • Mil Rate Total: 26.790
  • Assessor Parcel Number: 134286

MLS Schools

  • Elementary School: Mill Hill
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jul 15, 2021
Sold by
Cruz Zoe
Bought by
Edward Sonnenschein Jr T
Seller's Agent
Andrew Whiteley
Brown Harris Stevens
Buyer's Agent
LJ Wilks
William Pitt Sotheby's Int'l
List Price
$6,500,000
Sold Price
$6,200,000
Premium/Discount to List
-$300,000
-4.62%
Current Estimated Value
$4,311,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,888,355
Avg. Annual Appreciation
-8.81%
Original Mortgage
$4,960,000
Outstanding Balance
$4,539,476
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$227,831

Purchase Details

Closed on
Dec 13, 2017
Sold by
Cruz Ernesto
Bought by
Cruz Zoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1998
Sold by
Warner Jane S
Bought by
Cruz Ernesto and Cruz Zoe
Source: Public Records

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Range of Values:

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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
Edward Sonnenschein Jr T $6,200,000 None Available
Edward Sonnenschein Jr T $6,200,000 None Available
Cruz Zoe -- --
Cruz Zoe -- --
Cruz Ernesto $4,350,000 --
Cruz Ernesto $4,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward Sonnenschein Jr T $4,960,000
Closed Edward Sonnenschein Jr T $4,960,000
Previous Owner Cruz Ernesto $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $6,200,000 -4.6% $779 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $6,500,000 -- $817 / 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 $84,690 $3,035,480 $1,854,720 $1,180,760
2023 $83,506 $3,035,480 $1,854,720 $1,180,760
2022 $82,686 $3,035,480 $1,854,720 $1,180,760
2021 $81,897 $3,035,480 $1,854,720 $1,180,760
2020 $123,862 $4,623,430 $3,222,730 $1,400,700
2019 $123,862 $4,623,430 $3,222,730 $1,400,700
2018 $121,874 $4,623,430 $3,222,730 $1,400,700
2017 $119,377 $4,623,430 $3,222,730 $1,400,700
2016 $123,902 $4,868,430 $3,222,730 $1,645,700
2015 $167,273 $6,747,580 $5,011,860 $1,735,720
2014 $164,641 $6,747,580 $5,011,860 $1,735,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170381943

SmartMLS

APN: FAIR-000231-000000-000396