Seller's Agent in 2023
Allyson Cotton
William Pitt
(860) 227-6016
6 in this area
104 Total Sales
41 Clearwater Rd Old Saybrook, CT 06475
Estimated Value: $740,000 - $1,076,000
2
Beds
1
Bath
1,277
Sq Ft
$729/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 1 Fireplace
- Entrance Foyer
- Kathleen E. Goodwin School Rated A-
- Enclosed patio or porch
- Zoned Heating
About This Home
As of June 2023Built in 1927, this 2 bedroom, 1 bathroom Cornfield Point cottage, oozing with charm, is one of the last “original” homes in this private beach association. Situated on a .28 acre “triple lot” on the corner of Clearwater and Sea Lane, this home with a detached garage takes advantage of water views with distant views of Saybrook (Outer) Breakwater Lighthouse from the 2nd floor. A true gem, this 1600 sf cottage has served as summer home for only 2 families for nearly 100 years. What an opportunity to own this rare Cornfield Point cottage. Start making your own memories now, this cottage is ready for you to put your toes in the sand this summer!*** Multiple Offers - Requesting Highest & Best be submitted by Monday 5/15 at noon***
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #REB.0793689 Listed on: 05/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,787
Year Built
- Built in 1927
Lot Details
- 0.28
HOA Fees
- $40 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Cottage
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,277 Sq Ft Home
- 1 Fireplace
- Entrance Foyer
- Concrete Flooring
- Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Basement
- Partial Basement
- Dirt Floor
Parking
- 1 Car Garage
- Private Driveway
Schools
- Kathleen E. Goodwin Elementary School
- Old Saybrook Middle School
- Old Saybrook High School
Utilities
- Window Unit Cooling System
- Zoned Heating
- Baseboard Heating
- Electric Water Heater
Additional Features
- Enclosed patio or porch
- 0.28 Acre Lot
Community Details
- Association fees include club house, tennis, lake/beach access, trash pickup
Listing and Financial Details
- Assessor Parcel Number 1022935
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2023
Closed on
Jun 8, 2023
Sold by
Johnson Jean C Est
Bought by
Shimelman Jeffrey D and Shimelman Lynn P
Seller's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
Buyer's Agent
Bonnie Foster
William Pitt Sotheby's Int'l
List Price
$795,000
Sold Price
$865,000
Premium/Discount to List
$70,000
8.81%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,024
Avg. Annual Appreciation
4.85%
Original Mortgage
$519,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shimelman Jeffrey D | $865,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shimelman Jeffrey D | $385,000 | |
| Closed | Shimelman Jeffrey D | $519,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2023 06/08/23 | Sold | $865,000 | +8.8% | $677 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | For Sale | $795,000 | -- | $623 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $10,188 | $657,300 | $450,200 | $207,100 |
| 2024 | $9,673 | $636,400 | $450,200 | $186,200 |
| 2023 | $8,949 | $437,600 | $324,500 | $113,100 |
| 2022 | $8,787 | $437,600 | $324,500 | $113,100 |
| 2021 | $8,774 | $437,600 | $324,500 | $113,100 |
| 2020 | $8,774 | $437,600 | $324,500 | $113,100 |
| 2019 | $8,643 | $437,600 | $324,500 | $113,100 |
| 2018 | $9,155 | $467,100 | $353,900 | $113,200 |
| 2017 | $9,183 | $467,100 | $353,900 | $113,200 |
| 2016 | $8,996 | $467,100 | $353,900 | $113,200 |
| 2015 | $8,786 | $467,100 | $353,900 | $113,200 |
| 2014 | $8,641 | $467,100 | $353,900 | $113,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Liz Squillacote
William Pitt
(860) 922-7017
7 in this area
95 Total Sales
-
Buyer's Agent in 2023
Bonnie Foster
William Pitt
(860) 575-5099
5 in this area
49 Total Sales
-
Buyer Co-Listing Agent in 2023
Robin Linares
William Pitt
(860) 662-1138
4 in this area
49 Total Sales
Map
Source: SmartMLS
MLS Number: 170568562
APN: OSAY-000003-000053
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