NOT LISTED FOR SALE

488 Main St Old Saybrook, CT 06475

Old Saybrook Area

Estimated Value: $1,479,975

4 Beds
1.5 Baths
2,712 Sq Ft
$546/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2021

Last sale price $870,000 $321 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,497 / mo

50 Days on Market

Highlights

  • Waterfront
  • 0.77 Acre Lot
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • Colonial Architecture
  • Wetlands on Lot

About This Home

As of September 2021

Historic 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

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 07/18/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Kevin Kennedy

Kennedy Real Estate Solutions License #REB.0757006

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,169

Year Built

  • Built in 1870

Lot Details

  • 33,541 Sq Ft 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 golf course and shops

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Radiator
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,169

Year Built

Built in 1870

Lot Details

0.77 Acres

Listing Details

  • Neighborhood: Saybrook Point
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 2712
  • Public Record Living Room Sq Ft: 2712
  • Total Sq Ft: 2712
  • Year Built: 1870
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Medical Facilities, Paddle Tennis, Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5837
  • Directions: Main Street to #488. Sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Walk-up, Floored
  • Basement Description: Full With Hatchway
  • Appliances: Gas Range, Refrigerator, Dishwasher
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Shed, Stone Wall
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront, Frontage, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.7700
  • Lot Description: Open Lot, Some Wetlands, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 13169
  • Mil Rate Base: 20.050
  • Assessor Parcel Number: 1025946

MLS Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle Jr High School: Per Board of Ed
  • High School: Old Saybrook

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Sep 13, 2021
Sold by
Neri Joan
Bought by
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
$1,479,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,975
Avg. Annual Appreciation
11.12%
Original Mortgage
$696,000
Outstanding Balance
$619,341
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$860,634

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
Better Homes and Gardens Real Estate Executive Real Estate
Buyer's Agent
Jay Cusack
Better Homes and Gardens Real Estate Executive Real Estate
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Saybrook, CT

  • Joan Casey Real Estate Agent - RE/MAX Legends

    Joan Casey

    RE/MAX Legends

    (860) 451-5035

    126 Total Sales

    1 in Old Saybrook

    $1,060,000 Price

    Joan Casey
     Section Image
  • Melissa DiPiazza Real Estate Agent - RE/MAX One

    Melissa DiPiazza

    RE/MAX One

    (914) 483-3631

    210 Total Sales

    1 in Old Saybrook

    $525,000 Price

    Melissa DiPiazza
     Section Image
  • Kelly Puorro Real Estate Agent - Puorro Realty Group

    Kelly Puorro

    Puorro Realty Group

    (959) 265-4615

    106 Total Sales

    2 in Old Saybrook

    $68K - $459K Price Range

    Kelly Puorro
     Section Image
  • Nancy Potts Real Estate Agent - Coldwell Banker Realty

    Nancy Potts

    Coldwell Banker Realty

    (959) 215-5488

    65 Total Sales

    5 in Old Saybrook

    $440K - $1.2M Price Range

    Nancy Potts
     Section Image
  • Joseph Moleano Real Estate Agent - Charles Rutenberg Realty, Inc.

    Joseph Moleano

    Charles Rutenberg Realty, Inc.

    (914) 809-9676

    11 Total Sales

    1 in Old Saybrook

    $1,300,000 Price

    Joseph Moleano
     Section Image
  • Judy Szablak Real Estate Agent - Coldwell Banker Realty

    Judy Szablak

    Coldwell Banker Realty

    (475) 262-8112

    100 Total Sales

    1 in Old Saybrook

    $610,000 Price

    Judy Szablak
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$870,000 None Available
Neri Joan $790,000 None Available
Oxer George $750,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $146,994
Open Kennedy Kelley E $696,000
Previous Owner Neri Joan $800,000
Previous Owner Oxer George R $375,000
Previous Owner Fenger Christian $111,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - William Pitt

    Seller's Agent in 2021

    Rick Weiner

    William Pitt

    (860) 227-3191

    83 Total Sales

    Rick Weiner
    Section Image
  • Jay Cusack Real Estate Agent - Executive Real Estate

    Seller's Agent in 2021

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    115 Total Sales

    Jay Cusack
    Section Image
  • Kevin Kennedy Real Estate Agent - Kennedy Real Estate Solutions

    Buyer's Agent in 2021

    Kevin Kennedy

    Kennedy Real Estate Solutions

    (860) 304-4433

    42 Total Sales

    Kevin Kennedy
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170425774

SmartMLS

APN: OSAY-000023-000002

Connecticut Middlesex County Old Saybrook 06475

488 Main St, Old Saybrook, CT

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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