NOT LISTED FOR SALE

506 Maple Ave Old Saybrook, CT 06475

Old Saybrook Area

Estimated Value: $1,551,817 - $1,819,000

0.5 Acre
$3,381,212 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: May 23, 2024

Last sale price $1,350,000 $356 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $10,400 / mo

7 Days on Market

Highlights

  • Waterfront
  • Property is near golf course, public transit, and shops
  • Public Transportation
  • Kathleen E. Goodwin School Rated A-

About This Lot

As of May 2024

Location Location Location!! A rare opportunity to build your dream home on a blank canvas that ensures breathtaking views of Long Island Sound. This unique waterfront find is a .50 acre lot located on the corner of Maple Avenue and Fenwood Vista in the charming shoreline community of Old Saybrook. You can appreciate the spectacular sunrises and sunsets this neighborhood offers. This area is great for walks along the Shore of Fenwood and Knollwoood beaches with views of the brightly shining Saybrook Lighthouse. 506 Maple Avenue is just minutes to the Fenwick Golf Course and Saybrook Point Inn and Marina. Old Saybrook town center is also a short distance away where you can stroll down Main Street, explore the quaint shops, enjoy many fine restaurants, and then top off an evening at the Katharine Hepburn Cultural Arts Center. Take advantage of this once in a lifetime opportunity to own and design your waterfront paradise and delight in all the amenities this location has to offer.

Last Agent to Sell the Property

Jan Murray

J.M. REALTY License #REB.0489600 Listed on: 04/09/2024

Co-Listed By

Kara Bell

J.M. REALTY License #RES.0807782

Last Buyer's Agent

Kara Bell

J.M. REALTY License #RES.0807782

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,898

Lot Details

  • 21,780 Sq Ft Lot
  • Waterfront
  • Property fronts a state road

Location

  • Property is near golf course, public transit, and shops

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1023634

Property Details

Property Type

Land

Est. Annual Taxes

$16,898

Lot Details

0.5 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Seller is disclosing an encroachment to the property which will be resolved at the Seller's expense prior to closing. Property does belong to the Fenwood Point Association, there are no beach rights available with this Association and there can sometimes be a small fee due. Property can also join the Fenwood Taxing District to have beach rights to Fenwood Beach. This membership is optional. A-2 Survey of the property will be made available to the Buyer at closing. There is no plot plan available.
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Main Street to Right on Maple Avenue to 506 Maple Avenue. Can also take Main Street to College Street to the right at Saybrook Point Inn to 506 Maple Avenue
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Exterior Features

  • Waterfront Description: L. I. Sound Frontage Association Optional
  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Cable Available, Electric Available, Phone Available
  • Septic Approval: No
  • Septic Plan Available: No

Lot Info

  • Acres: 0.5
  • Lot Description: Corner Lot Level Lot Cleared Water View
  • Flood Zone: No
  • Lot Improvements: Rough Graded
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: A
  • Parcel #: 1023634

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 16898

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 21, 2024
Sold by
Bought by
Seller's Agent
Jan Murray
J.M. REALTY
Buyer's Agent
Kara Bell
J.M. REALTY
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%
Views
38
Current Estimated Value
$1,690,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,606
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Feb 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 1974
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Saybrook, CT

  • Cathy Lynch Real Estate Agent - Coldwell Banker Realty

    Cathy Lynch

    Coldwell Banker Realty

    (475) 241-0593

    193 Total Sales

    5 in Old Saybrook

    $565K - $850K Price Range

    Cathy Lynch
     Section Image
  • Amy Rubin Real Estate Agent - William Raveis Real Estate

    Amy Rubin

    William Raveis Real Estate

    (959) 500-6792

    87 Total Sales

    3 in Old Saybrook

    $505K - $925K Price Range

    Amy Rubin
     Section Image
  • Courtney Cusano Real Estate Agent - Coldwell Banker Realty

    Courtney Cusano

    Coldwell Banker Realty

    (959) 200-8602

    132 Total Sales

    3 in Old Saybrook

    $24K - $640K Price Range

    Courtney Cusano
     Section Image
  • Jennifer D'Amato Real Estate Agent - Real Broker CT, LLC

    Jennifer D'Amato

    Real Broker CT, LLC

    (475) 224-4727

    138 Total Sales

    1 in Old Saybrook

    $722,500 Price

    Jennifer D'Amato
     Section Image
  • Jacqueline Kapusta Real Estate Agent - Navick Properties LLC

    Jacqueline Kapusta

    Navick Properties LLC

    (959) 201-9201

    42 Total Sales

    1 in Old Saybrook

    $430,000 Price

    Jacqueline Kapusta
     Section Image
  • Valerie MacNeil Real Estate Agent - Kazantzis Real Estate, LLC

    Valerie MacNeil

    Responds Quickly

    Kazantzis Real Estate, LLC

    (860) 544-2381

    108 Total Sales

    2 in Old Saybrook

    $701K - $725K Price Range

    Valerie MacNeil
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $129,639
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $1,350,000 -10.0% $356 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $1,500,000 -- $395 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,291 $857,500 $857,500 $0
2024 $13,034 $857,500 $857,500 $0
2023 $16,890 $825,900 $366,300 $459,600
2022 $16,584 $825,900 $366,300 $459,600
2021 $16,559 $825,900 $366,300 $459,600
2020 $16,559 $825,900 $366,300 $459,600
2019 $16,312 $825,900 $366,300 $459,600
2018 $19,612 $1,000,600 $399,700 $600,900
2017 $19,672 $1,000,600 $399,700 $600,900
2016 $19,272 $1,000,600 $399,700 $600,900
2015 $18,821 $1,000,600 $399,700 $600,900
2014 $18,511 $1,000,600 $399,700 $600,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jan Murray

    J.M. REALTY

    (860) 388-8105

    13 Total Sales

    Jan Murray
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kara Bell

    J.M. REALTY

    (860) 227-7355

    31 Total Sales

    Kara Bell
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24009070

SmartMLS

APN: OSAY-000005-000086

Connecticut Middlesex County Old Saybrook 06475

506 Maple Ave, Old Saybrook, CT

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.