NOT LISTED FOR SALE

43 Pennywise Ln Old Saybrook, CT 06475

Estimated Value: $424,000 - $609,000

1 Bed
1 Bath
1,088 Sq Ft
$490/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $208,000 $191 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,174/month

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Detached Garage
  • Kathleen E. Goodwin School Rated A-
  • No HOA
  • 4-minute walk to Old Saybrook Parks & Recreation

About This Home

As of March 2020

This charming, perfectly quirky historic 1800’s home is available for rent, for the winter, summer or on a month to month basis. Wide-planked hardwood floors, incredible natural light and original details throughout. The first floor offers a nicely sized and updated kitchen with pretty maple cabinets, a comfortable dining area and two cozy family rooms with beautiful millwork. The second floor features a flexible, open-space bedroom with (2) double beds and seating area. Loads of space for weekend guests OR as a bedroom and office area. A beautiful private and spacious yard with seasonal fire pit, perfect for relaxing and entertaining. Walk to all - Main Street restaurants, shops, Kate theater, town green and the Acton library. Bike to beaches. Train station minutes away ( shore line east and Amtrack). This rental is truly a unique part of Old Saybrook history and has an abundance of charm! Laundry easily accessed in the basement. $1,650 per month from February - May (plus utilities). $4,000 for June (includes utilities). $5,000 for July or August (includes utilities). Terms flexible. One month minimum. Pets negotiable.

Last Agent to Rent the Property

Phoebe Finch

William Pitt Sotheby's Int'l License #RES.0803073 Listed on: 02/03/2020

William Pitt Sotheby's Int'l

Last Renter's Agent

Phoebe Finch

William Pitt Sotheby's Int'l License #RES.0803073 Listed on: 02/03/2020

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1800

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Private Driveway

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,199

Year Built

Built in 1800

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Landlord Responsibility: Exterior Maintenance, Snow Removal
  • Lease Price Description: Per Month
  • Pets Allowed: Yes
  • Rental Duration: Summer Furnished, Winter Furnished, Flexible Terms Furnished, Month-to-Month Furnished
  • Security Deposit Details: 2 Months Rent or 10% of 1 month summer rental
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities, Cable TV, Electricity, Liability Insurance, Trash Service, Water

Listing Details

  • Property Type: Residential Rental
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1088
  • Public Record Living Room Sq Ft: 1088
  • Total Sq Ft: 1088
  • Year Built: 1800
  • New Construction: Completed/Never Occupied
  • Remarks Public Addendum: Garage not included. Fireplaces are decorative.
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 1452
  • Directions: Boston Post Road to Old Boston Post Road. Turn right onto Pennywise. House is on the left.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Unfinished
  • Appliances: Oven/Range, Refrigerator, Freezer, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 43

Exterior Features

  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Driveway Type: Private, Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2300
  • Zoning: A

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 1026701

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
James Cathy A
Bought by
Taborsak Joseph J
Current Estimated Value
$532,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$213,138
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,516

Purchase Details

Closed on
Jan 26, 2009
Sold by
Pace Michael
Bought by
Pace Michael and Pace Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.51%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ebert Harold
Bought by
Pace Michael A and Pace Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.5%
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
Taborsak Joseph J $260,000 None Available
Pace Michael $75,000 --
Pace Michael A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taborsak Joseph J $240,000
Previous Owner Pace Michael A $100,000
Previous Owner Pace Michael A $93,000
Previous Owner Pace Michael A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2020 03/07/20 Rented $1,650 0.0% --
02/03/2020 02/03/20 For Rent $1,650 0.0% --
07/20/2018 07/20/18 Sold $208,000 -9.5% $191 / Sq Ft View Prior Sale
06/19/2018 06/19/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $229,900 -2.1% $211 / Sq Ft
02/25/2018 02/25/18 For Sale $234,900 -- $216 / 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 $4,199 $270,900 $95,600 $175,300
2024 $4,118 $270,900 $95,600 $175,300
2023 $3,227 $157,800 $68,200 $89,600
2022 $3,169 $157,800 $68,200 $89,600
2021 $3,164 $157,800 $68,200 $89,600
2020 $3,164 $157,800 $68,200 $89,600
2019 $3,119 $157,900 $68,300 $89,600
2018 $2,920 $149,000 $49,200 $99,800
2017 $2,929 $149,000 $49,200 $99,800
2016 $2,870 $149,000 $49,200 $99,800
2015 $2,803 $149,000 $49,200 $99,800
2014 $2,757 $149,000 $49,200 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Phoebe Finch

    Landlord's Agent in 2020

    Phoebe Finch

    William Pitt

    (617) 645-3907

    5 in this area

    143 Total Sales

    Phoebe Finch
    Section Image

  • T

    Seller's Agent in 2018

    Tina Good

    Berkshire Hathaway Home Services

    Section Image
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Map

Source: SmartMLS

MLS Number: 170268225

SmartMLS

APN: OSAY-000030-000016

Connecticut Middlesex County Old Saybrook 06475

43 Pennywise Ln, Old Saybrook, CT

This home is located at 43 Pennywise Ln, Old Saybrook, CT 06475 since 03 February 2020 and is currently priced at $532,654. This property was built in 1800. 43 Pennywise Ln 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.

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.

SmartMLS 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.

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