NOT LISTED FOR SALE

50 Spellman Point Rd East Hampton, CT 06424

Estimated Value: $488,632 - $671,000

3 Beds
3 Baths
2,334 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $360,000 $154 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,994/month

202 Days on Market

Highlights

  • Lake Front
  • Spa
  • Deck
  • East Hampton High School Rated 9+
  • Cape Cod Architecture
  • Partially Wooded Lot

About This Home

As of May 2013

First-floor master, open-floor plan w/ soaring ceilings. Great for entertaining with enclosed deck and hot tub. Wood floors, custom kitchen, fully finished walk-out lower level included in sq ft.

Last Agent to Sell the Property

Carl Guild

Carl Guild & Associates License #REB.0791933 Listed on: 10/07/2012

Carl Guild & Associates

Last Buyer's Agent

Carl Guild

Carl Guild & Associates License #REB.0791933 Listed on: 10/07/2012

Carl Guild & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Partially Wooded Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,334 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Outdoor Storage

Schools

  • Memorial Elementary School
  • EHS High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2334
  • Year Built: 1998
  • In Law Access: Possible
  • In Law Apartment: Possible
  • Easements Right Of Way: Of Record
  • Direct Waterfront: No
  • Directions: Route 66 to north main which turns into lake drive to spellman point
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Deck, Garden Area, Hot Tub, Storage Building
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Access, Association Optional, Lake, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 3
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Memorial
  • High School: Ehs

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3400
  • Lot Description: On Cul-De-Sac, Lightly Wooded

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 4800
  • Total Assessed Value: 184840
  • Assessor Parcel Number: 981114

MLS Schools

  • Elementary School: Memorial
  • High School: Ehs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2015
Sold by
Collins Kevin S and Collins Pamela K
Bought by
Owitz Peter A and Owitz Sherri L
Current Estimated Value
$605,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$225,896
Interest Rate
3.87%
Estimated Equity
$369,512

Purchase Details

Closed on
Jul 14, 2014
Sold by
Busler Michael B and Busler Angela M
Bought by
Collins Kevin S and Collins Pamela K

Purchase Details

Listed on
Oct 7, 2012
Closed on
Jun 3, 2013
Sold by
Busler Michael B and Busler Angela M
Bought by
Collins Kevin S and Collins Pamela K
Seller's Agent
Carl Guild
Carl Guild & Associates
Buyer's Agent
Carl Guild
Carl Guild & Associates
List Price
$394,900
Sold Price
$360,000
Premium/Discount to List
-$34,900
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$288,000
Interest Rate
3.45%

Purchase Details

Closed on
Nov 8, 2006
Sold by
Schrager Ronald W and Schrager Suzanne
Bought by
Busler Michael B and Busler Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.62%
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
Owitz Peter A $360,000 --
Owitz Peter A $360,000 --
Collins Kevin S -- --
Collins Kevin S -- --
Collins Kevin S $360,000 --
Collins Kevin S $360,000 --
Busler Michael B $395,000 --
Busler Michael B $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owitz Peter A $288,000
Closed Owitz Peter A $288,000
Previous Owner Collins Kevin S $288,000
Previous Owner Schrager Ronald W $300,000
Previous Owner Schrager Ronald W $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $360,000 -8.8% $154 / Sq Ft
04/27/2013 04/27/13 Pending -- -- --
10/07/2012 10/07/12 For Sale $394,900 -- $169 / 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 $7,797 $196,350 $59,930 $136,420
2024 $7,469 $196,350 $59,930 $136,420
2023 $7,080 $196,350 $59,930 $136,420
2022 $6,805 $196,350 $59,930 $136,420
2021 $6,780 $196,350 $59,930 $136,420
2020 $5,806 $175,190 $41,290 $133,900
2019 $6,057 $182,780 $46,610 $136,170
2018 $5,725 $182,780 $46,610 $136,170
2017 $5,725 $182,780 $46,610 $136,170
2016 $5,381 $182,780 $46,610 $136,170
2015 $5,135 $184,840 $54,840 $130,000
2014 $4,468 $184,840 $54,840 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G634491

SmartMLS

APN: EHAM-000009A-000070-000001A