$1,250,000
SOLD MAR 30, 2015

49 Cromwell Place Old Saybrook, CT 06475

3 Beds
4 Baths
3,965 Sq Ft
0.5 Acres

Recently Sold

$315 Per Sq Ft

7% Below List Price

3 Days on Market

Highlights

  • Health Club
  • Heated In Ground Pool
  • Open Floorplan
  • Kathleen E. Goodwin School Rated A-
  • Sub-Zero Refrigerator
  • Colonial Architecture

About This Home

As of March 2015

North Cove Area Victorian. Architecturally Designed and Custom Built for Formal or Casual Living in today's lifestyle. Gracious Living Room with fireplace and Large Dining Room lead to open planned Professional Kitchen, Great Room and Library. Master en-suite with fireplace and adjoining office area. Two additional 2nd Floor Bedrooms. In-ground Heated Pool, Gazebo, Patio and Pergola are surrounded by fenced landscaped lawn and gardens. Large are for workshop in full basement, 2-car heated garage. Good-bye Electric Bill!!! Custom engineered SOLAR ENERGY provides all electric services at NO cost to owners. Short walk to North Cove Harbor access.STRIKING - NOT TO BE MISSED!

Last Agent to Sell the Property

The Shannehan Team

William Pitt Sotheby's Int'l License #RES.0796723 Listed on: 02/06/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Joel Lucas

Coldwell Banker Realty License #RES.0771226

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,699

Year Built

  • Built in 1990

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Clap Board Siding
  • Cedar Siding

Interior Spaces

  • 3,965 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 3 Fireplaces
  • Awning
  • Bonus Room
  • Concrete Flooring
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by solar not connected to the grid
  • Heating system powered by active solar

Outdoor Features

  • Heated In Ground Pool
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Health Club
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,699

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Victorian
  • Total Sq Ft: 3965
  • Year Built: 1990
  • Nearby Amenities: Golf Course, Health Club, Library
  • Association Amenities: Putting Green, Health Club
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street to either North Cove or continue to Cromwell Place - left. Home on the Left. No Sign!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Floored, Storage Space, Walk-up
  • Basement Description: Concrete Floor, Full With Walk-Out, Interior Access
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Compactor, Dishwasher, Dryer, Gas Cooktop, Microwave, Subzero, Wall Oven, Washer, Wine Chiller
  • Additional Rooms: Bonus Room
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 49

Exterior Features

  • Exterior Features: Awnings, Covered Deck, Deck, Garden Area, Gazebo, Lighting, Patio, Underground Sprinkler
  • Exterior Siding: Cedar, Clapboard
  • Waterfront Description: Access
  • Swimming Pool: Yes
  • Pool: Heated, In Ground Pool

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air, Solar
  • Heat Fuel Type: Oil, Propane, Solar
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • 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
  • Intermediate School: Old Saybrook

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.5000
  • Lot Description: Level Lot
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 13699
  • Total Assessed Value: 740500
  • Mil Rate Total: 18.500
  • Assessor Parcel Number: 1026893

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
May 12, 2015
Sold by
Farrell William J
Bought by
Farrell William J and Arcuni-Farrell Suzanne
Seller's Agent
The Shannehan Team
William Pitt Sotheby's Int'l
Buyer's Agent
Joel Lucas
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$400,000
Outstanding Balance
$151,186
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,942,143

Purchase Details

Listed on
Feb 6, 2015
Closed on
Mar 31, 2015
Sold by
Carruthers Mark S and Carruthers Lisa S
Bought by
Frrell William J
Seller's Agent
The Shannehan Team
William Pitt Sotheby's Int'l
Buyer's Agent
Joel Lucas
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

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
Outstanding Balance
$151,186
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,942,143

Purchase Details

Closed on
Sep 30, 2005
Sold by
Deware John and Deware Pamela
Bought by
Carruthers Mark and Carruthers Lisa

Purchase Details

Closed on
Sep 1, 1998
Sold by
Carangelo Mary A
Bought by
Deware John C and Deware Pamela H
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $1,250,000 --
Warranty Deed $979,000 --
Warranty Deed $510,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $1,995,000 +59.6% $503 / Sq Ft
03/30/2015 03/30/15 Sold $1,250,000 -7.4% $315 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $1,350,000 -- $340 / 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 $18,825 $1,214,500 $337,000 $877,500
2024 $18,460 $1,214,500 $337,000 $877,500
2023 $14,376 $703,000 $185,100 $517,900
2022 $14,116 $703,000 $185,100 $517,900
2021 $13,728 $684,700 $185,100 $499,600
2020 $13,728 $684,700 $185,100 $499,600
2019 $13,523 $684,700 $185,100 $499,600
2018 $14,514 $740,500 $148,100 $592,400
2017 $14,558 $740,500 $148,100 $592,400
2016 $14,262 $740,500 $148,100 $592,400
2015 $13,929 $740,500 $148,100 $592,400
2014 $13,198 $713,400 $148,100 $565,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10020606

SmartMLS

APN: OSAY-000032-000054-000002