NOT LISTED FOR SALE

500 Maple Ave Old Saybrook, CT 06475

Estimated Value: $1,383,000 - $2,018,000

4 Beds
3 Baths
1,976 Sq Ft
$929/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $1,330,000 $673 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,501/month

129 Days on Market

Highlights

  • Beach Access
  • 24-Hour Security
  • Cape Cod Architecture
  • Kathleen E. Goodwin School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of March 2021

Enjoy peace, serenity, and clarity of the warm ocean breeze from this updated & charming Cape Cod! 500 Maple Avenue has much to offer with many updates throughout- new hot water heater, custom window treatments, new roof, custom outdoor shower, updated flooring and appliances are just some of the many outfitted details on this classic yet contemporary home. 500 Maple Avenue offers a private beach w/ access to a mooring right in front of the property. Boasting 1900+ sq ft of bright, livable space, walk-in to see the open concept living room/ kitchen- gleaming with hardwood floors an abundance of natural light. Fully updated kitchen shines with Viking appliances, range w/ hood, double ovens, and expansive center island with a breakfast bar. Outdoor patio is perfect for entertaining friends and family with built-in outdoor seating, fireplace, and space for a grill and outdoor table! Finish off the first floor with 2 large bedrooms. Upstairs, the master bedroom boasts a walk-in closet, MBR with jetted tub, and vaulted ceiling with enchanting views of the ocean. Laundry is conveniently located upstairs near fourth BR, which has its own private balcony. With close proximity to golf courses, marinas, shopping, highways, train station, and restaurants- come SEA why this property is perfect for you!

Last Agent to Sell the Property

Michael Ferraro

Compass Connecticut, LLC License #RES.0799838 Listed on: 09/21/2020

Compass Connecticut, LLC

Co-Listed By

Omar Cruz

Compass Connecticut, LLC License #RES.0802901

Last Buyer's Agent

Laurie Costa-Mendez

Compass Connecticut, LLC License #RES.0814431

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,585

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Mud Room
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Shed
  • Breezeway
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Power Generator
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • Public Transportation
  • 24-Hour Security

Listing and Financial Details

  • Exclusions: Furniture is Negotiable

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,585

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Neighborhood: Fenwick
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1976
  • Public Record Living Room Sq Ft: 1976
  • Total Sq Ft: 1976
  • Year Built: 1953
  • Nearby Amenities: Golf Course, Health Club, Library, Public Transportation, Putting Green
  • Remarks Public Addendum: homeowner pays $240/month Homeowner insurance.
  • Exclusions: Furniture is Negotiable
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4160
  • Tax Year Updated Dt: 09/21/2020
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full, Full With Hatchway, Partially Finished, Concrete Floor, Interior Access
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Disposal, Washer, Electric Dryer, Wine Chiller
  • Additional Rooms: Mud Room
  • Laundry Room Location: UPPER FLOOR
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 500

Exterior Features

  • Exterior Features: Balcony, Breezeway, Deck, Garden Area, Patio, Porch, Shed, Sidewalk, Underground Sprinkler
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, Dock or Mooring, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Security
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Estimated Annual Heat Cost: 1500

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator, Storm Doors, Storm Windows

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Zoning: A

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11585
  • Total Assessed Value: 577800
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1023632

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 1, 2021
Sold by
Alliano Valerie V
Bought by
Gandhi Sumeet and Gandhi Shikha S
Seller's Agent
Michael Ferraro
Compass Connecticut, LLC
Buyer's Agent
Laurie Costa-Mendez
Compass Connecticut, LLC
List Price
$2,249,000
Sold Price
$1,330,000
Premium/Discount to List
-$919,000
-40.86%
Current Estimated Value
$1,835,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,207
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,064,000
Outstanding Balance
$958,125
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$799,482

Purchase Details

Listed on
Sep 21, 2020
Closed on
Feb 20, 2021
Sold by
Senokosoff Natasha S
Bought by
Aliano Valerie V
Seller's Agent
Michael Ferraro
Compass Connecticut, LLC
Buyer's Agent
Laurie Costa-Mendez
Compass Connecticut, LLC
List Price
$2,249,000
Sold Price
$1,330,000
Premium/Discount to List
-$919,000
-40.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Outstanding Balance
$958,125
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$799,482

Purchase Details

Closed on
Jul 20, 2018
Sold by
Aliano Valerie V
Bought by
Valerie V Aliano Ft

Purchase Details

Closed on
Apr 6, 1999
Sold by
Burgess Eleanor W
Bought by
Rooney Annmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Gandhi Sumeet $1,330,000 None Available
Aliano Valerie V -- None Available
Senokosoff Natasha S -- None Available
Valerie V Aliano Ft -- --
Rooney Annmarie $400,163 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Sumeet $1,064,000
Previous Owner Burgess Edward H $400,000
Previous Owner Burgess Edward H $200,000
Previous Owner Burgess Edward H $220,000
Previous Owner Burgess Edward H $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $1,330,000 -4.7% $673 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
12/07/2020 12/07/20 Price Changed $1,395,000 -12.8% $706 / Sq Ft
10/21/2020 10/21/20 Price Changed $1,599,000 -18.0% $809 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,950,000 -13.3% $987 / Sq Ft
09/21/2020 09/21/20 For Sale $2,249,000 -- $1,138 / 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 $18,027 $1,163,000 $814,700 $348,300
2024 $17,678 $1,163,000 $814,700 $348,300
2023 $11,816 $577,800 $349,100 $228,700
2022 $11,602 $577,800 $349,100 $228,700
2021 $11,585 $577,800 $349,100 $228,700
2020 $11,585 $577,800 $349,100 $228,700
2019 $11,412 $577,800 $349,100 $228,700
2018 $12,881 $657,200 $380,900 $276,300
2017 $12,921 $657,200 $380,900 $276,300
2016 $12,658 $657,200 $380,900 $276,300
2015 $12,362 $657,200 $380,900 $276,300
2014 $12,158 $657,200 $380,900 $276,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170338374

SmartMLS

APN: OSAY-000005-000084