Seller's Agent in 2021
Rick Weiner
William Pitt
(860) 227-3191
20 in this area
125 Total Sales
488 Main St Old Saybrook, CT 06475
Estimated Value: $1,296,000 - $1,368,000
4
Beds
1.5
Baths
2,712
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Waterfront
- 0.77 Acre Lot
- Deck
- Kathleen E. Goodwin School Rated A-
- Colonial Architecture
- Wetlands on Lot
About This Home
As of September 2021Historic William B Tully home in Saybrook Point. Separate 2.5 acre parcel across Main Street offers South Cove frontage. Striking views of both North and South Coves. Short distance to Main Street shops, The Katharine Hepburn Cultural Arts Center, restaurants, marinas and the train station. Beach rights to Harvey's Beach. Many updates including a highly efficient Buderus furnace and an elevator. Renovation underway. Complete to your specs! Just over two hours to either NYC or Boston.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 07/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,169
Year Built
- Built in 1870
Lot Details
- 0.77 Acre Lot
- Waterfront
- Stone Wall
- Open Lot
Home Design
- Colonial Architecture
- Antique Architecture
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Wood Shingle Roof
- Wood Siding
- Clap Board Siding
Interior Spaces
- 2,712 Sq Ft Home
- Ceiling Fan
- 3 Fireplaces
- Water Views
- Basement Fills Entire Space Under The House
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Attic
- Attic Floors
- Walkup Attic
Parking
- 2 Car Detached Garage
- Parking Deck
Outdoor Features
- Wetlands on Lot
- Deck
- Shed
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
- Radiator
- Heating System Uses Natural Gas
- Heating System Uses Oil Above Ground
- Electric Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2021
Closed on
Sep 13, 2021
Sold by
Neri Joan
Bought by
Kennedy Kelley E and Kennedy Derrik M
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Kevin Kennedy
Kennedy Real Estate Solutions
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
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
$454,218
Avg. Annual Appreciation
10.90%
Original Mortgage
$696,000
Outstanding Balance
$633,308
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$690,910
Purchase Details
Listed on
Oct 8, 2020
Closed on
Mar 31, 2021
Sold by
Oxer George R and Oxer Barbara B
Bought by
Neri Joan
Seller's Agent
Jay Cusack
Executive Real Estate Inc.
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.51%
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2006
Sold by
Fenger Christian and Fenger Joan
Bought by
Oxer George and Oxer Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Kennedy Kelley E | $870,000 | None Available | |
| Neri Joan | $790,000 | None Available | |
| Oxer George | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kennedy Kelley E | $696,000 | |
| Previous Owner | Neri Joan | $800,000 | |
| Previous Owner | Oxer George | $375,000 | |
| Previous Owner | Oxer George | $400,000 | |
| Previous Owner | Oxer George | $111,800 | |
| Previous Owner | Oxer George | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $870,000 | -8.4% | $321 / Sq Ft |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 07/18/2021 07/18/21 | For Sale | $950,000 | +20.3% | $350 / Sq Ft |
| 04/05/2021 04/05/21 | Sold | $790,000 | -4.7% | $291 / Sq Ft |
| 03/04/2021 03/04/21 | Pending | -- | -- | -- |
| 02/12/2021 02/12/21 | For Sale | $829,000 | 0.0% | $306 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $829,000 | -- | $306 / 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 | $12,938 | $834,700 | $328,400 | $506,300 |
| 2024 | $12,687 | $834,700 | $328,400 | $506,300 |
| 2023 | $13,432 | $656,800 | $222,400 | $434,400 |
| 2022 | $13,189 | $656,800 | $222,400 | $434,400 |
| 2021 | $13,169 | $656,800 | $222,400 | $434,400 |
| 2020 | $13,169 | $656,800 | $222,400 | $434,400 |
| 2019 | $12,972 | $656,800 | $222,400 | $434,400 |
| 2018 | $11,887 | $606,500 | $148,400 | $458,100 |
| 2017 | $11,924 | $606,500 | $148,400 | $458,100 |
| 2016 | $11,681 | $606,500 | $148,400 | $458,100 |
| 2015 | $11,408 | $606,500 | $148,400 | $458,100 |
| 2014 | $11,220 | $606,500 | $148,400 | $458,100 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Weiner
-
Jay Cusack
Seller's Agent in 2021
Jay Cusack
Executive Real Estate
(860) 883-5549
16 in this area
240 Total Sales
-
Kevin Kennedy
Buyer's Agent in 2021
Kevin Kennedy
Kennedy Real Estate Solutions
(860) 304-4433
18 in this area
54 Total Sales
Map
Source: SmartMLS
MLS Number: 170425774
APN: OSAY-000023-000002
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