NOT LISTED FOR SALE

50 Cypress Rd Old Saybrook, CT 06475

Estimated Value: $654,075 - $810,000

3 Beds
2 Baths
1,432 Sq Ft
$489/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $307,500 $215 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,184/month

218 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Saltbox Architecture
  • Kathleen E. Goodwin School Rated A-
  • Home fronts a sound
  • Attic

About This Home

As of March 2020

KNOLLWOOD BEACH!! Soak up the sun or use the association club house/recreation facilities ~ just a couple of the amenities that go with the 3+ bedroom Saltbox home. Sunroom off the kitchen to enjoy the views of the salt marsh and the views of Beamon Creek from the balcony off the master bedroom are impressive. Enjoy the outdoor shower when you come home from a fun filled day on Knollwood Beach. Charm & character abound. Upstairs bedrooms have tongue & groove pine floors. Easy maintenance grounds & house so you can focus on the shoreline lifestyle. New shed to be in place prior to closing. A retreat for all seasons!

Last Agent to Sell the Property

Greg Young

Berkshire Hathaway NE Prop. License #REB.0750741 Listed on: 08/12/2019

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Joel Lucas

Coldwell Banker Realty License #RES.0771226

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,543

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Home fronts a sound
  • Level Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,432 Sq Ft Home
  • 1 Fireplace
  • Concrete Flooring
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Shed

Location

  • Property is near a golf course

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • Association fees include club house, lake/beach access, trash pickup
  • Knollwood Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,543

Year Built

Built in 1950

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Saltbox
  • Sq Ft Est Heated Above Grade: 1432
  • Public Record Living Room Sq Ft: 1432
  • Total Sq Ft: 1432
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Golf Course, Medical Facilities, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2096
  • Directions: Maple Avenue to Cypress
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial, Unfinished, Concrete Floor, Interior Access
  • Appliances: Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Balcony, Shed
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Propane
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Lake/Beach Access, Trash Pickup
  • HOA Fees: 251
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: In Subdivision, Dry, Water View, Level Lot
  • Flood Zone: No
  • Zoning: A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4543
  • Total Assessed Value: 230000
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1023281

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Mcgoldrick Maria E
Bought by
Tracy Elizabeth and Montecalvo Peter
Current Estimated Value
$700,019

Purchase Details

Closed on
Mar 30, 2021
Sold by
Lucas Joel
Bought by
Larusso-Drago Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 12, 2019
Closed on
Mar 26, 2020
Sold by
Thomson Paul B
Bought by
Lucas Joel
Seller's Agent
Greg Young
Berkshire Hathaway NE Prop.
Buyer's Agent
Joel Lucas
Coldwell Banker Realty
List Price
$349,000
Sold Price
$307,500
Premium/Discount to List
-$41,500
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Robertson Ann
Bought by
Thomson Paul B

Purchase Details

Closed on
Aug 31, 1984
Bought by
Thomson Paul B
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
Tracy Elizabeth $450,000 None Available
Larusso-Drago Lauren $475,000 None Available
Lucas Joel $307,500 None Available
Thomson Paul B -- --
Thomson Paul B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larusso-Drago Lauren $380,000
Previous Owner Thomson Paul B $250,000
Previous Owner Thomson Paul B $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $307,500 -11.9% $215 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $349,000 +13.5% $244 / Sq Ft
02/29/2020 02/29/20 Off Market $307,500 -- --
02/12/2020 02/12/20 Price Changed $349,000 -6.9% $244 / Sq Ft
08/12/2019 08/12/19 For Sale $374,900 -- $262 / 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 $5,420 $349,700 $194,500 $155,200
2024 $5,294 $348,300 $194,500 $153,800
2023 $5,088 $248,800 $120,100 $128,700
2022 $4,996 $248,800 $120,100 $128,700
2021 $4,988 $248,800 $120,100 $128,700
2020 $4,612 $230,000 $120,100 $109,900
2019 $4,543 $230,000 $120,100 $109,900
2018 $4,837 $246,800 $120,100 $126,700
2017 $4,852 $246,800 $120,100 $126,700
2016 $4,753 $246,800 $120,100 $126,700
2015 $4,642 $246,800 $120,100 $126,700
2014 $4,566 $246,800 $120,100 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170225250

SmartMLS

APN: OSAY-000004-000032