NOT LISTED FOR SALE

507 Main St Old Saybrook, CT 06475

Estimated Value: $1,947,000 - $2,217,609

3 Beds
3.5 Baths
3,480 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $1,280,000 $368 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $12,805/month

86 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 3.7 Acre Lot
  • Kathleen E. Goodwin School Rated A-
  • Sub-Zero Refrigerator
  • Open Floorplan

About This Home

As of August 2019

If you're looking for privacy, waterfront and walk to town, you've found your house! This stunning Contemporary Colonial on South Cove in Saybrook Point has clear views of Fenwick , Long Island Sound and the Saybrook Point Lighthouse. Chef's kitchen, fireplaces in Living Room and Master Bedroom. High end appliances and top quality mechanicals. First floor office is spacious and could easily be made into a 4th bedroom. Three ensuite bedrooms on the upper floor with a lounge area between them. A balcony off the Master suite allows for private viewing of the magnificent birds and wildlife. It also has a fireplace, oversized walk-in closet and a handsome tiled bathroom with foot tub. There's a large laundry room on the first floor. The break away tandem garage has plenty of storage. Fueled by propane, there's a full house generator. A long tree-lined driveway is reminiscent of the Italian countryside. The professionally landscaped gardens add to the beauty of this estate.

Last Agent to Sell the Property

Janet Peckinpaugh

William Pitt Sotheby's Int'l License #RES.0798526 Listed on: 05/05/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Michael Varni

Carl Guild & Associates License #RES.0802964

Carl Guild & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,935

Year Built

  • Built in 2008

Lot Details

  • 3.7 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned AE

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Piling Construction

Interior Spaces

  • 3,480 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • French Doors
  • Water Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator
  • Wine Cooler
  • Smart Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Garage Access

Parking

  • 4 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Tandem Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Beach Access
  • Wetlands on Lot
  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Propane
  • Power Generator
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Two white chests, one in Laundry room and one in Master bedroom, Dining Room chandelier

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,935

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 3480
  • Public Record Living Room Sq Ft: 3480
  • Total Sq Ft: 3480
  • Year Built: 2008
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Exclusions: Two white chests, one in Laundry room and one in Master bedroom, Dining Room chandelier
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5768
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Main Street on left down private drive,house is on South Cove.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs, Floored, Storage Space
  • Basement Description: Interior Access, Garage Access, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Subzero, Washer, Gas Dryer, Wine Chiller
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Large Laundry room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Appliances, Security System
  • Street Number Modifier: 507

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Porch-Enclosed
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Piling
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront, Access, Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem, Under House Garage
  • Garages Number: 4
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Generator, Thermopane Windows

Lot Info

  • Acres: 3.7000
  • Lot Description: In Flood Zone, Some Wetlands, Water View, Level Lot, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: AE

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 14935
  • Total Assessed Value: 756200
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1026044

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2019
Closed on
Aug 28, 2019
Sold by
Jomaro Llc
Bought by
Thiessen Michael R
Seller's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
Buyer's Agent
Michael Varni
Carl Guild & Associates
List Price
$1,400,000
Sold Price
$1,280,000
Premium/Discount to List
-$120,000
-8.57%
Current Estimated Value
$2,118,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,203
Avg. Annual Appreciation
8.61%
Original Mortgage
$1,024,000
Outstanding Balance
$900,591
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,217,612

Purchase Details

Closed on
Jun 23, 2011
Sold by
Courtright Darren and Courtright Amy
Bought by
Jomaro Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.63%
Source: Public Records

Range of Values:

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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
Thiessen Michael R $1,280,000 --
Jomaro Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiessen Michael R $1,024,000
Previous Owner Jomaro Llc $344,143
Previous Owner Jomaro Llc $417,000
Previous Owner Jomaro Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $1,280,000 -5.2% $368 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $1,350,000 -3.6% $388 / Sq Ft
05/05/2019 05/05/19 For Sale $1,400,000 -- $402 / 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 $18,896 $1,219,100 $448,500 $770,600
2024 $18,530 $1,219,100 $448,500 $770,600
2023 $15,464 $756,200 $307,300 $448,900
2022 $15,184 $756,200 $307,300 $448,900
2021 $15,162 $756,200 $307,300 $448,900
2020 $15,162 $756,200 $307,300 $448,900
2019 $14,935 $756,200 $307,300 $448,900
2018 $16,158 $824,400 $233,300 $591,100
2017 $16,208 $824,400 $233,300 $591,100
2016 $15,878 $824,400 $233,300 $591,100
2015 $15,507 $824,400 $233,300 $591,100
2014 $15,251 $824,400 $233,300 $591,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170189155

SmartMLS

APN: OSAY-000023-000079-000001