$1,125,000
SOLD NOV 18, 2024

41 Cypress Rd Old Saybrook, CT 06475

3 Beds
2 Baths
3,010 Sq Ft
0.89 Acres

Recently Sold

$374 Per Sq Ft

15% Below List Price

84 Days on Market

Highlights

  • 0.89 Acre Lot
  • Open Floorplan
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • Cape Cod Architecture
  • Attic

About This Home

As of November 2024

Experience coastal luxury in this stunning 3-bedroom, 2-bathroom home nestled in Knollwood Beach. Set on a rare .89-acre lot, it offers picturesque marsh and South Cove views. Step inside to discover a newly remodeled interior featuring a grand staircase with wrought iron and white oak railings/spindles, massive pine clad ceiling beams, and an expansive remodeled white kitchen with quartz counters, white washed wood ceiling, large center island and a charming coffee bar with live edge countertop. The family room boasts a dramatic propane fireplace, while a sunlit dining room/sunroom offers panoramic views of the marsh and Cove. Choose between a first-floor primary bedroom or an upstairs retreat with a sitting/dressing room, walk-in closet and gorgeous full bath with heated tile floors. The office loft is a dreamy space overlooking the first floor with views of South Cove. Additional features include a partially finished basement, central air, freshly painted exterior and main floor, remodelled baths, updated electrical, gutter guards and refinished hardwoods. Enjoy beach rights and clubhouse access, tennis/pickleball courts and playground through the Knollwood Beach Association, a golf cart community, enhancing your coastal lifestyle in this exceptional home.

Last Agent to Sell the Property

Lynn Toper

CR Premier Properties License #RES.0807181 Listed on: 07/27/2024

Last Buyer's Agent

Marybeth Barrett

Berkshire Hathaway NE Prop. License #RES.0753722

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,948

Year Built

  • Built in 1976

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Whole House Fan
  • Ceiling Fan
  • 1 Fireplace
  • Sitting Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • 60 Gallon+ Electric Water Heater
  • Cable TV Available

Additional Features

  • 0.89 Acre Lot
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 1023243

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,948

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Neighborhood: Knollwood
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2196
  • Sq Ft Est Heated Below Grade: 814
  • Total Sq Ft: 3010
  • Year Built: 1976
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Maple Ave. to Cypress Rd.
  • Financing Used: Conventional Fixed
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Partially Finished, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Sitting Room
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 41
  • Other SqFt Description: Town's sq. footage is slightly lower due to the ceiling's slope on the second floor.

Exterior Features

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

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Gravel
  • Total Parking Spaces: 6
  • Garage And Parking: Attached Garage, Driveway

Utilities

  • Cooling System: Ceiling Fans, Central Air, Split System, Whole House Fan
  • Heat Type: Baseboard, Heat Pump
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Domestic, 100 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.89
  • Lot Description: Lightly Wooded Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A
  • Parcel #: 1023243

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8948
  • Total Assessed Value: 588700
  • Mil Rate Total: 15.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Nov 18, 2024
Sold by
Girardin Gail
Bought by
Gorton William
Seller's Agent
Lynn Toper
CR Premier Properties
Buyer's Agent
Marybeth Barrett
Berkshire Hathaway NE Prop.
List Price
$1,325,000
Sold Price
$1,125,000
Premium/Discount to List
-$200,000
-15.09%
Views
201
Current Estimated Value
$1,201,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,957
Avg. Annual Appreciation
7.81%
Original Mortgage
$900,000
Outstanding Balance
$891,373
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$310,584

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 28, 2024
Sold by
Krause Peter J and Krause Carol
Bought by
Girardin Gail
Seller's Agent
Joel Lucas
Coldwell Banker Realty
Buyer's Agent
Lynn Toper
CR Premier Properties
List Price
$1,275,000
Sold Price
$1,025,000
Premium/Discount to List
-$250,000
-19.61%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.96%
Original Mortgage
$725,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2008
Sold by
Willsey John
Bought by
Krause Peter and Krause Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2006
Sold by
Daniel Lucy
Bought by
Willsey John
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 Type Sale Price Title Company
Warranty Deed $1,125,000 None Available
Warranty Deed $1,125,000 None Available
Warranty Deed $1,025,000 None Available
Warranty Deed $1,025,000 None Available
Warranty Deed $630,000 --
Warranty Deed $659,000 --
Warranty Deed $630,000 --
Warranty Deed $659,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Purchase Money Mortgage
Closed $900,000 Purchase Money Mortgage
Previous Owner $725,000 Purchase Money Mortgage
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Sold $1,125,000 -5.5% $374 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
09/29/2024 09/29/24 Price Changed $1,190,000 -2.9% $395 / Sq Ft
09/20/2024 09/20/24 Price Changed $1,225,000 -2.0% $407 / Sq Ft
09/09/2024 09/09/24 Price Changed $1,249,900 -2.3% $415 / Sq Ft
09/02/2024 09/02/24 Price Changed $1,279,900 -1.5% $425 / Sq Ft
08/19/2024 08/19/24 Price Changed $1,299,900 -1.9% $432 / Sq Ft
08/03/2024 08/03/24 For Sale $1,325,000 +29.3% $440 / Sq Ft
06/28/2024 06/28/24 Sold $1,025,000 -12.8% $341 / Sq Ft View Prior Sale
06/26/2024 06/26/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $1,175,000 -7.8% $390 / Sq Ft
04/25/2024 04/25/24 For Sale $1,275,000 -- $424 / 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 $9,419 $607,700 $288,400 $319,300
2024 $8,948 $588,700 $288,400 $300,300
2023 $7,634 $373,300 $188,800 $184,500
2022 $7,496 $373,300 $188,800 $184,500
2021 $7,485 $373,300 $188,800 $184,500
2020 $7,485 $373,300 $188,800 $184,500
2019 $7,373 $373,300 $188,800 $184,500
2018 $6,784 $346,100 $196,900 $149,200
2017 $6,804 $346,100 $196,900 $149,200
2016 $6,666 $346,100 $196,900 $149,200
2015 $6,510 $346,100 $196,900 $149,200
2014 $6,403 $346,100 $196,900 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24035063

SmartMLS

APN: OSAY-000003-000375