NOT LISTED FOR SALE

480 Boston Post Rd Old Saybrook, CT 06475

Estimated Value: $175,734

3.1 Acres
$56,688 Price per Acre
135,036 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $125,000

Est. 41% increase in value since last sale

Current estimated payment $1,110/month

425 Days on Market

Highlights

  • 3.1 Acre Lot
  • No HOA
  • Many Trees
  • Kathleen E. Goodwin School Rated A-

About This Lot

As of January 2022

3.1 acre commercial lot on Route 1 in Old Saybrook. High visibility, high traffic count. A lot of road frontage, B-4 zone. Many potential uses. Located right off I-95 just steps to downtown.
Mariner's Way: https://www.oldsaybrookct.gov/sites/g/files/vyhlif3626/f/uploads/mariners_way_bar_study_executive_summary_and_overview.pdf
https://www.oldsaybrookct.gov/sites/g/files/vyhlif3626/f/uploads/mariners_way_bar_study_appendices.pdf
https://www.oldsaybrookct.gov/sites/g/files/vyhlif3626/f/uploads/os_master_plan_summary.pdf
https://www.oldsaybrookct.gov/sites/g/files/vyhlif3626/f/uploads/how_tif_works.pdf

Last Agent to Sell the Property

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 09/30/2020

Re/Max Valley Shore

Last Buyer's Agent

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 09/30/2020

Re/Max Valley Shore

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,189

Lot Details

  • 3.1 Acre Lot
  • Property fronts a state road
  • Many Trees
  • Property is zoned B4

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,189

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 09/27/2021
  • Directions: Exit 67 off I-95, south on Route 154, left onto Route 1, lot is on the right past Medical Supply Store.
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water Connected
  • Sewer: Septic Required
  • Utilities Available: Electric, Telephone, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 3.1000
  • Lot Description: Treed
  • Lots Number Of: 1
  • Zoning: B4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5189
  • Mil Rate Base: 20.050
  • Assessor Parcel Number: 1027511

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $125,000 -37.2% --
11/29/2021 11/29/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $199,000 -33.4% --
05/21/2021 05/21/21 Price Changed $299,000 -14.5% --
09/30/2020 09/30/20 For Sale $349,900 -- --
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 $2,361 $152,300 $152,300 $0
2024 $2,315 $152,300 $152,300 $0
2023 $5,292 $258,800 $258,800 $0
2022 $5,197 $258,800 $258,800 $0
2021 $5,189 $258,800 $258,800 $0
2020 $5,189 $258,800 $258,800 $0
2019 $10,758 $544,700 $544,700 $0
2018 $3,248 $165,700 $165,700 $0
2017 $3,258 $165,700 $165,700 $0
2016 $3,191 $165,700 $165,700 $0
2015 $3,117 $165,700 $165,700 $0
2014 $3,065 $165,700 $165,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Milton

    Seller's Agent in 2022

    Craig Milton

    RE/MAX

    (860) 388-1228

    24 in this area

    207 Total Sales

    Craig Milton
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Map

Source: SmartMLS

MLS Number: 170342750

SmartMLS

APN: OSAY-000042-000028

Connecticut Middlesex County Old Saybrook 06475

480 Boston Post Rd, Old Saybrook, CT

Not Listed for Sale

Lots

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