$178,000
SOLD AUG 17, 2015

509 Main St Unit 2 Old Saybrook, CT 06475

2 Beds
1 Bath
1,021 Sq Ft
$119/mo HOA Fee

Recently Sold

$174 Per Sq Ft

11% Below List Price

47 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • 1 Car Detached Garage
  • Kathleen E. Goodwin School Rated A-
  • Recreation Facilities
  • Property is near shops

About This Home

As of July 2021

Located on a classic American Main Street this condominium is a short walk to town and also a short walk to the beautiful tidal waters of the sound and the river. Improvements on the unit were done in 2009 which included a new roof, interior painting, electrical, plumbing & fixtures, New Kitchen, new carpet & vinyl floors, the 3rd floor bedroom and insulation.This second floor walk-up unit is bright and sunny with large rooms and an open floor plan. The kitchen is a nice size with plenty of room for a dining table. Walking into the warm and inviting living room makes you want to sit awhile. A large master bedroom offers views of the water and the second floor bedroom may have been an attic space at one time is very comfortable and also has some water views.

Last Agent to Sell the Property

Robin Linares

William Pitt Sotheby's Int'l License #RES.0760904 Listed on: 04/30/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Gail Lawrence

William Raveis Real Estate License #RES.0391327

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 1880

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,021 Sq Ft Home
  • Open Floorplan
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include flood insurance, grounds maintenance, insurance, snow removal
  • 6 Units
  • Whittier Place Community
  • Property managed by Whittier Place

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Year Built

Built in 1880

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Style: Hi-Ranch
  • Total Sq Ft: 1021
  • Year Built: 1880
  • Nearby Amenities: Private Rec Facilities, Public Rec Facilities, Shopping/Mall
  • Association Amenities: Private Rec Facilities
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Unknown
  • Directions: 509 Main Street 2nd floor unit
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 509

Exterior Features

  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Flood Insurance, Grounds Maintenance, Insurance, Snow Removal
  • Complex Name: Whittier Place
  • Levels In Unit: 2
  • HOA Fees: 119
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Carol Rzasa
  • Property Mgt Company Name: Whittier Place
  • Property Mgt Phone: 860-388-9513

Schools

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

Lot Info

  • Flood Zone: Yes

Rental Info

  • Pets Allowed Info: Yes
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 2712
  • Total Assessed Value: 146600
  • Mil Rate Total: 18.500
  • Assessor Parcel Number: 2595931

Multi Family

  • Total Num Of Units: 6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 19, 2021
Sold by
Carofano Mark
Bought by
Mcgrath Daniel K and Mcgrath Theresa A
Seller's Agent
Anne Marie Straka
Compass Connecticut, LLC
Buyer's Agent
Anne Marie Straka
Compass Connecticut, LLC
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$431,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,963
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 17, 2020
Sold by
Peak Maria G and Peak Maria G
Bought by
Carofano Mark
Seller's Agent
Gail Lawrence
William Raveis Real Estate
Buyer's Agent
Anne Marie Straka
Compass Connecticut, LLC
List Price
$224,000
Sold Price
$192,000
Premium/Discount to List
-$32,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.76%

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 17, 2015
Sold by
Hope Partnership Inc
Bought by
Peak Matthew B and Peak Maria G
Seller's Agent
Robin Linares
William Pitt Sotheby's Int'l
Buyer's Agent
Gail Lawrence
William Raveis Real Estate
List Price
$199,000
Sold Price
$178,000
Premium/Discount to List
-$21,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$142,400
Interest Rate
4.08%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $295,000 None Available
Warranty Deed $295,000 None Available
Deed $192,000 None Available
Deed $192,000 None Available
Warranty Deed $178,000 --
Warranty Deed $178,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,400 New Conventional
Previous Owner $178,000 No Value Available
Previous Owner $290,300 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $295,000 -1.7% $279 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $300,000 +56.3% $283 / Sq Ft
06/19/2020 06/19/20 Sold $192,000 -8.1% $188 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
11/15/2019 11/15/19 Price Changed $209,000 -4.6% $205 / Sq Ft
11/03/2019 11/03/19 Price Changed $219,000 -2.2% $214 / Sq Ft
08/06/2019 08/06/19 For Sale $224,000 +16.7% $219 / Sq Ft
06/07/2019 06/07/19 Off Market $192,000 -- --
04/02/2019 04/02/19 For Sale $224,000 0.0% $219 / Sq Ft
10/02/2018 10/02/18 Rented $1,300 -13.3% --
09/19/2018 09/19/18 Under Contract -- -- --
08/16/2018 08/16/18 For Rent $1,500 -6.3% --
03/17/2017 03/17/17 Rented $1,600 0.0% --
03/03/2017 03/03/17 Under Contract -- -- --
02/16/2017 02/16/17 For Rent $1,600 0.0% --
02/14/2017 02/14/17 Off Market $1,600 -- --
11/14/2016 11/14/16 For Rent $1,600 0.0% --
08/17/2015 08/17/15 Sold $178,000 -10.6% $174 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $199,000 0.0% $195 / Sq Ft
11/26/2013 11/26/13 Rented $1,600 0.0% --
11/15/2013 11/15/13 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $1,600 +28.0% --
02/21/2012 02/21/12 Rented $1,250 0.0% --
02/17/2012 02/17/12 Under Contract -- -- --
01/28/2012 01/28/12 For Rent $1,250 -- --
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 $3,550 $229,000 $0 $229,000
2024 $3,481 $229,000 $0 $229,000
2023 $3,155 $154,300 $0 $154,300
2022 $3,098 $154,300 $0 $154,300
2021 $3,116 $155,400 $0 $155,400
2020 $3,106 $154,900 $0 $154,900
2019 $3,059 $154,900 $0 $154,900
2018 $2,873 $146,600 $0 $146,600
2017 $2,882 $146,600 $0 $146,600
2016 $2,824 $146,600 $0 $146,600
2015 $2,758 $146,600 $0 $146,600
2014 $2,712 $146,600 $0 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10039918

SmartMLS

APN: OSAY-000023-000078-U000002