Seller's Agent in 2018
Maureen OGrady
Compass Connecticut, LLC
(860) 227-7843
2 in this area
16 Total Sales
41 Otter Cove Dr Old Saybrook, CT 06475
Estimated Value: $1,711,000 - $2,331,000
4
Beds
6
Baths
3,695
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- In Ground Pool
- River Front
- Open Floorplan
- Kathleen E. Goodwin School Rated A-
- 3.5 Acre Lot
- Contemporary Architecture
About This Home
As of September 2018Fabulous contemporary architect designed waterfront home on the CT River with the most spectacular views you will find. Built in 1972 and offered for the first time. Maintained to perfection The open floor plan is of today's standard with glowing hardwood flooring, flowing floor plan and 2 story windows. The massive 2 story stone fireplace in the great room is magnificent. A large sculpting studio with tons of storage , 2 story windows, and exterior access can be used for a multitude of activities. A state of the art heating and cooling system is currently being installed. The lush landscaping and carpet like lawn gently sloping to the river encompasses a massive patio, and in-ground pool. The entire property is enclosed with a driveway gate and electronic deer fencing. The river frontage is a beach and installing a dock is very doable according to Docko Corp.
Last Agent to Sell the Property
Compass Connecticut, LLC License #REB.0757074 Listed on: 04/18/2018
Last Buyer's Agent
Compass Connecticut, LLC License #REB.0757074 Listed on: 04/18/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,109
Year Built
- Built in 1972
Lot Details
- 3.5 Acre Lot
- River Front
- Level Lot
- Open Lot
- Sprinkler System
- Property is zoned A-1
Home Design
- Contemporary Architecture
- Ranch Style House
- Concrete Foundation
- Frame Construction
- Shake Roof
- Stucco Exterior
Interior Spaces
- 3,695 Sq Ft Home
- Open Floorplan
- Central Vacuum
- Sound System
- 2 Fireplaces
- Thermal Windows
- Awning
- Mud Room
- Concrete Flooring
- Water Views
- Home Security System
Kitchen
- Built-In Oven
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Attic
- Attic Floors
- Pull Down Stairs to Attic
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Patio
- Exterior Lighting
- Rain Gutters
Location
- Flood Zone Lot
- Property is near shops
- Property is near a golf course
Schools
- Kathleen E. Goodwin Elementary School
- Old Saybrook High School
Utilities
- Central Air
- Floor Furnace
- Programmable Thermostat
- Underground Utilities
- Power Generator
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2018
Closed on
Sep 28, 2018
Sold by
Otter Cove Partners Ll
Bought by
Collins Timothy A and Collins Siobhan C
Seller's Agent
Maureen OGrady
Compass Connecticut, LLC
Buyer's Agent
Maureen OGrady
Compass Connecticut, LLC
List Price
$1,875,000
Sold Price
$1,315,000
Premium/Discount to List
-$560,000
-29.87%
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
$650,866
Avg. Annual Appreciation
5.84%
Original Mortgage
$1,141,000
Outstanding Balance
$1,010,369
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$955,497
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins Timothy A | $1,315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins Timothy A | $1,141,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $1,315,000 | -10.8% | $356 / Sq Ft |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 07/06/2018 07/06/18 | Price Changed | $1,475,000 | -21.3% | $399 / Sq Ft |
| 04/18/2018 04/18/18 | For Sale | $1,875,000 | -- | $507 / 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 | $22,342 | $1,441,400 | $994,200 | $447,200 |
| 2024 | $21,909 | $1,441,400 | $994,200 | $447,200 |
| 2023 | $19,033 | $930,700 | $646,900 | $283,800 |
| 2022 | $18,688 | $930,700 | $646,900 | $283,800 |
| 2021 | $18,661 | $930,700 | $646,900 | $283,800 |
| 2020 | $18,661 | $930,700 | $646,900 | $283,800 |
| 2019 | $18,180 | $920,500 | $646,900 | $273,600 |
| 2018 | $36,746 | $1,874,800 | $737,900 | $1,136,900 |
| 2017 | $36,859 | $1,874,800 | $737,900 | $1,136,900 |
| 2016 | $36,109 | $1,874,800 | $737,900 | $1,136,900 |
| 2015 | $35,265 | $1,874,800 | $737,900 | $1,136,900 |
| 2014 | $34,684 | $1,874,800 | $737,900 | $1,136,900 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen OGrady
Map
Source: SmartMLS
MLS Number: 170068026
APN: OSAY-000064-000021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 96 Ayers Point Rd
- 117 Ayers Point Rd
- 41 Watrous Point Rd
- 11 Trolley Crossing
- 40-A Ayers Point Rd
- 13 Hemlock Dr
- 227 Essex Rd
- 20 Hemlock Dr
- 12 Rocky Point Rd
- 5 Sunrise Ave
- 160 Saybrook Rd
- 9 Turnstone Rd
- 6 Tantummaheag Rd
- 62-14,15,16 Middlesex Turnpike
- 175 Ferry Rd Unit 3
- 1 Huntley Rd
- 95 Main St
- 91 Main St
- 18 Benson Ln
- 12 Nutmeg Ln
- 15 River Edge Rd
- 44 Otter Cove Dr
- 11 River Edge Rd
- 40 Otter Cove Dr
- 40 Otter
- 9 River Edge Rd
- 37 Otter Cove Dr
- 45 Otter Cove Dr
- 36 Otter Cove Dr
- 8 River Edge Rd
- 58 Otter Cove Dr
- 54 Otter Cove Dr
- 33 Otter Cove Dr
- 49 Otter Cove Dr
- 62 Otter Cove Dr
- 8 Boulder Dr
- 310 Watrous Point Rd
- 1 River Edge Rd
- 201 Ayers Point Rd