NOT LISTED FOR SALE

41 Neptune Dr Old Saybrook, CT 06475

Estimated Value: $531,000 - $863,000

2 Beds
1.5 Baths
1,510 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $513,450 $340 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,656/month

12 Days on Market

Highlights

  • Beach Front
  • Open Floorplan
  • Clubhouse
  • Kathleen E. Goodwin School Rated A-
  • Cape Cod Architecture
  • Deck

About This Home

As of May 2021

This year round beach house in desirable Knollwood Beach awaits you! This lovely cape is only a three minute walk to this beautiful association beach. You will love the open floor plan, cathedral ceilings and beautiful hardwood floors on the main level. Upstairs, you will find two generously sized bedrooms, with another possible bedroom in the lower level. The owners recently added a propane stove in the living room that can heat the entire home and supplements the current heating system. Enjoy all of the wonderful benefits of living in the Knollwood Beach community which includes: Beach Access, Clubhouse for your use, Basketball Court, Tennis Courts, and a playground as well. A new lighted awning has recently been added to the back deck to make outdoor dining so enjoyable. Come and see all that this well-maintained cape has to offer. This well maintained beach home will not last long!

Last Agent to Sell the Property

Carol Ieronimo

William Raveis Real Estate License #RES.0768576 Listed on: 03/29/2021

William Raveis Real Estate

Last Buyer's Agent

Jay Cusack

Executive Real Estate Inc. License #RES.0785249

Executive Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,119

Year Built

  • Built in 1981

Lot Details

  • 4,792 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Cleared Lot

HOA Fees

  • $22 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Open Floorplan
  • Thermal Windows
  • Awning
  • French Doors

Kitchen

  • Oven or Range
  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Attic

  • Attic Fan
  • Attic or Crawl Hatchway Insulated

Basement

  • Heated Basement
  • Partial Basement
  • Interior Basement Entry

Parking

  • Parking Deck
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near shops

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Gas Grill, Microwave, Window treatments/Drapes

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, trash pickup

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,119

Year Built

Built in 1981

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Neighborhood: Knollwood Beach
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1174
  • Public Record Living Room Sq Ft: 1174
  • Sq Ft Est Heated Below Grade: 336
  • Total Sq Ft: 1510
  • Year Built: 1981
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • Association Amenities: Basketball Court, Club House
  • Exclusions: Gas Grill, Microwave, Window treatments/Drapes
  • Direct Waterfront: No
  • Encumbrances Restrictions: Trailer(S)
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Clubhouse is handicapped accessible
  • Public Record Gross Sq Ft: 2472
  • Tax Year Updated Dt: 03/24/2021
  • Directions: Maple Avenue (Route 154) to Neptune Drive. #41 is on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway, Heated, Interior Access, Liveable Space
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Cook Top, Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer, Dryer
  • Laundry Room Location: Washer and Dryer included in sale
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 41

Exterior Features

  • Exterior Features: Awnings, Deck, French Doors
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Attic Fan, Window Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Trash Pickup
  • HOA Fees: 260
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Dry, Cleared, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5119
  • Total Assessed Value: 255300
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Tax District Amount: 258
  • Assessor Parcel Number: 1023445

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 19, 2021
Sold by
Diloreto John S and Diloreto Brenda B
Bought by
Contadino Mary L
Seller's Agent
Carol Ieronimo
William Raveis Real Estate
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$489,000
Sold Price
$513,450
Premium/Discount to List
$24,450
5%
Current Estimated Value
$744,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,709
Avg. Annual Appreciation
10.37%
Original Mortgage
$313,450
Outstanding Balance
$285,869
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,973

Purchase Details

Closed on
Nov 16, 2010
Sold by
Maus Michael and Maus Ellen
Bought by
Diloreto John and Diloreto Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.35%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Perry Lewis and Perry Pamela
Bought by
Maus Michael and Maus Ellen

Purchase Details

Closed on
Apr 11, 2003
Sold by
Hutchinson William T and Hutchinson Jean C
Bought by
Perry Lewis J and Perry Pamela L

Purchase Details

Closed on
Oct 26, 1993
Sold by
Miramant Edith M
Bought by
Hutchinson William T and Hutchinson Jean C
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
Contadino Mary L $513,450 None Available
Diloreto John $350,000 --
Maus Michael $410,000 --
Perry Lewis J $500,000 --
Hutchinson William T $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contadino Mary L $313,450
Previous Owner Miramant Edith M $228,550
Previous Owner Miramant Edith M $250,000
Previous Owner Miramant Edith M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $513,450 +5.0% $340 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $489,000 -- $324 / 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 $6,295 $406,100 $226,100 $180,000
2024 $6,173 $406,100 $226,100 $180,000
2023 $5,221 $255,300 $148,100 $107,200
2022 $5,126 $255,300 $148,100 $107,200
2021 $5,119 $255,300 $148,100 $107,200
2020 $5,119 $255,300 $148,100 $107,200
2019 $5,042 $255,300 $148,100 $107,200
2018 $4,990 $254,600 $154,600 $100,000
2017 $5,005 $254,600 $154,600 $100,000
2016 $4,904 $254,600 $154,600 $100,000
2015 $4,789 $254,600 $154,600 $100,000
2014 $4,710 $254,600 $154,600 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170383206

SmartMLS

APN: OSAY-000004-000206