NOT LISTED FOR SALE

42 Cromwell Place Old Saybrook, CT 06475

Estimated Value: $2,682,000 - $3,073,000

5 Beds
6 Baths
4,620 Sq Ft
$642/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $1,923,750 $416 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $18,630/month

254 Days on Market

Highlights

  • Greenhouse
  • Medical Services
  • River Front
  • Kathleen E. Goodwin School Rated A-
  • Heated In Ground Pool
  • Sub-Zero Refrigerator

About This Home

As of April 2018

Connecticut river water views from every room in this shingled style home. This home was designed by David Duncan of Needham Duncan Architects who took advantage of this stunning 1.25 acre site. The property offers a geo-thermal heating system , chef's kitchen, top of the line kitchen appliances, greenhouse, floor to ceiling stone fireplace, whole house automatic generator and much more. The first floor master suite overlooks the heated in-ground gunite pool. Lower level adds 700 sq. ft. of additional living space with fireplace, game room and recreation area. This professionally landscaped parcel offers privacy as well as breathtaking views! A must see for the discerning buyer.

Last Agent to Sell the Property

Joseph Kelly

William Pitt Sotheby's Int'l License #RES.0767007 Listed on: 05/08/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,023

Year Built

  • Built in 2007

Lot Details

  • 1.25 Acre Lot
  • River Front
  • Sloped Lot
  • Garden

Home Design

  • Colonial Architecture
  • Masonry Siding
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 4,620 Sq Ft Home
  • 3 Fireplaces
  • Awning
  • French Doors
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Suppression System

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Heating system powered by active solar

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Greenhouse
  • Shed
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Power Generator
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,023

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Public Record Living Room Sq Ft: 4620
  • Total Sq Ft: 4620
  • Year Built: 2007
  • Nearby Amenities: Library, Medical Facilities
  • Association Amenities: Medical Facilities
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 10379
  • Directions: Main Street toward Saybrook Point then left on Cromwell Place just before the Point. #42 0n right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Fire Suppression System, Security System
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Range Hood, Subzero, Wall Oven, Washer, Wine Chiller
  • Additional Rooms: Greenhouse
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 42

Exterior Features

  • Exterior Features: Awnings, Deck, French Doors, Garden Area, Grill, Patio, Shed, Underground Utilities
  • Exterior Siding: Brick, Cedar, Shingle
  • Waterfront Description: River, View
  • Swimming Pool: Yes
  • Pool: Heated, In Ground Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Generator, Geothermal Heat, Active Solar

Lot Info

  • Acres: 1.2500
  • Lot Description: Sloping Lot, Water View, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 23023
  • Total Assessed Value: 1195400
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1026858

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Apr 16, 2018
Sold by
Knightly Linda C and Knightly George G
Bought by
Frisbie Earla K
Seller's Agent
Joseph Kelly
William Pitt Sotheby's Int'l
Buyer's Agent
Rick Weiner
William Pitt Sotheby's Int'l
List Price
$2,195,000
Sold Price
$1,923,750
Premium/Discount to List
-$271,250
-12.36%
Current Estimated Value
$2,968,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,314
Avg. Annual Appreciation
6.59%
Original Mortgage
$475,000
Outstanding Balance
$417,015
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,624,890
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
Frisbie Earla K $1,923,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knightly Linda $475,000
Previous Owner Knightly Linda $954,225
Previous Owner Knightly Linda $200,000
Previous Owner Knightly Linda $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $1,923,750 -12.4% $416 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $2,195,000 +14.1% $475 / Sq Ft
08/02/2017 08/02/17 Off Market $1,923,750 -- --
06/05/2017 06/05/17 Price Changed $2,195,000 -12.2% $475 / Sq Ft
05/08/2017 05/08/17 For Sale $2,499,000 -- $541 / 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 $25,154 $1,654,900 $669,800 $985,100
2023 $28,139 $1,376,000 $674,200 $701,800
2022 $27,630 $1,376,000 $674,200 $701,800
2021 $27,589 $1,376,000 $674,200 $701,800
2020 $26,901 $1,341,700 $674,200 $667,500
2019 $26,499 $1,341,700 $674,200 $667,500
2018 $23,430 $1,195,400 $442,300 $753,100
2017 $23,502 $1,195,400 $442,300 $753,100
2016 $23,023 $1,195,400 $442,300 $753,100
2015 $22,485 $1,195,400 $442,300 $753,100
2014 $22,115 $1,195,400 $442,300 $753,100
Source: Public Records

Agents Affiliated with this Home

  • Joseph Kelly

    Seller's Agent in 2018

    Joseph Kelly

    William Pitt

    (860) 287-1222

    2 in this area

    20 Total Sales

    Joseph Kelly
    Section Image
  • Rick Weiner

    Buyer's Agent in 2018

    Rick Weiner

    William Pitt

    (860) 227-3191

    22 in this area

    135 Total Sales

    Rick Weiner
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10218852

SmartMLS

APN: OSAY-000032-000022

Connecticut Middlesex County Old Saybrook 06475

42 Cromwell Place, Old Saybrook, CT

This home is located at 42 Cromwell Place, Old Saybrook, CT 06475 since 08 May 2017 and is currently estimated at $2,968,064, approximately $642 per square foot. This property was built in 2007. 42 Cromwell Place is a home located in Middlesex County with nearby schools including Kathleen E. Goodwin School, Old Saybrook Middle School, and Old Saybrook Senior High School.

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