NOT LISTED FOR SALE

5 Lighthouse Ln Old Saybrook, CT 06475

Estimated Value: $1,372,000 - $2,947,000

3 Beds
2 Baths
5,511 Sq Ft
$419/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $800,000 $145 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $14,117/month

25 Days on Market

Highlights

  • Waterfront
  • 1.36 Acre Lot
  • No HOA
  • Kathleen E. Goodwin School Rated A-
  • Contemporary Architecture
  • Circular Driveway

About This Home

As of July 2015

Direct waterfront 1.36 acres on South Cove offers fabulous water views
and wildlife. Existing house is in poor condition and is being sold "As-Is." To meet FEMA and OS Town building codes first floor of house would need to be raised. House
has public water and natural gas. All utilities are extended to four-car
detached garage (52x28), built in 2000 with break away walls has unfinished second floor and is connected to
an independent unused septic system. Value is in the land, location, views, services and garage. Located on private shared road in Saybrook Point.
Also listed in MLS # N10033154 as Land/Lot.

Last Agent to Sell the Property

Susan Malton

Coldwell Banker Realty License #RES.0757374 Listed on: 04/24/2015

Coldwell Banker Realty

Last Buyer's Agent

Kerry McCarthy

Century 21 AllPoints Realty License #REB.0755138

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,314

Year Built

  • Built in 1953

Lot Details

  • 1.36 Acre Lot
  • Waterfront
  • Cul-De-Sac

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,511 Sq Ft Home
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Circular Driveway

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,314

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Total Sq Ft: 5511
  • Year Built: 1953
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street out towards Saybrook Point to Lighthouse Lane on Right. (No sign)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Underground Utilities
  • Exterior Siding: Stone, Wood
  • Waterfront Description: Access, Frontage, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 4
  • Driveway Type: Circular

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • 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

Lot Info

  • Acres: 1.3600
  • Lot Description: On Cul-De-Sac, Water View
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 13314
  • Total Assessed Value: 719700
  • Mil Rate Total: 18.500
  • Assessor Parcel Number: 1026040

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 23, 2015
Sold by
Rice Dorothy J and Rice Dorothy J
Bought by
Kolb Peter J and Kolb Gina A
Seller's Agent
Susan Malton
Coldwell Banker Realty
Buyer's Agent
Kerry McCarthy
Century 21 AllPoints Realty
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$2,309,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,606
Avg. Annual Appreciation
10.94%
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
Kolb Peter J -- --
Kolb Peter J $799,990 --
Kolb Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolb Peter J $1,050,000
Previous Owner Kolb Peter J $160,000
Previous Owner Kolb Peter J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $800,000 0.0% $145 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $800,000 -- $145 / 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 $22,458 $1,448,900 $440,400 $1,008,500
2024 $21,674 $1,425,900 $440,400 $985,500
2023 $21,211 $1,037,200 $299,200 $738,000
2022 $20,827 $1,037,200 $299,200 $738,000
2021 $20,796 $1,037,200 $299,200 $738,000
2020 $16,527 $824,300 $299,200 $525,100
2019 $16,280 $824,300 $299,200 $525,100
2018 $14,120 $720,400 $225,200 $495,200
2017 $14,163 $720,400 $225,200 $495,200
2016 $13,861 $719,700 $225,200 $494,500
2015 $13,538 $719,700 $225,200 $494,500
2014 -- $719,700 $225,200 $494,500
Source: Public Records

Agents Affiliated with this Home

  • Susan Malton

    Seller's Agent in 2015

    Susan Malton

    Coldwell Banker Realty

    (860) 227-0117

    13 in this area

    21 Total Sales

    Susan Malton
    Section Image
  • Kerry McCarthy

    Buyer's Agent in 2015

    Kerry McCarthy

    Century 21 AllPoints Realty

    (860) 227-8047

    4 Total Sales

    Kerry McCarthy
    Section Image
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Map

Source: SmartMLS

MLS Number: N10033152

SmartMLS

APN: OSAY-000023-000077-000004

Connecticut Middlesex County Old Saybrook 06475

5 Lighthouse Ln, Old Saybrook, CT

This home is located at 5 Lighthouse Ln, Old Saybrook, CT 06475 since 24 April 2015 and is currently estimated at $2,309,606, approximately $419 per square foot. This property was built in 1953. 5 Lighthouse 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.

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