$192,000
SOLD JUN 19, 2020

509 Main St Unit 2 Old Saybrook, CT 06475

2 Beds
1 Bath
1,021 Sq Ft
$147/mo HOA Fee

Recently Sold

$188 Per Sq Ft

14% Below List Price

408 Days on Market

Highlights

  • Water Views
  • Finished Attic
  • Walking Distance to Water
  • Kathleen E. Goodwin School Rated A-
  • Attic
  • 1 Car Detached Garage

About This Home

As of July 2021

Enjoy water views from every room of this updated condo! The current owner has made many improvements such as all new hickory floors, new farmhouse vanity and tile floor in the bathroom. The kitchen has a new Bosch dishwasher and quartz counter top. The 3rd floor is great for the kids and their friends.
This 1868 house was renovated in 2009 and divided into two condos, Unit 1 on the first floor and Unit 2 on the 2nd and 3rd floors. Great location - walking distance to town and CT River. This is a fantastic location!

Last Agent to Sell the Property

Gail Lawrence

William Raveis Real Estate License #RES.0391327 Listed on: 04/02/2019

William Raveis Real Estate

Last Buyer's Agent

Anne Marie Straka

Compass Connecticut, LLC License #RES.0805390

Compass Connecticut, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1868

HOA Fees

  • $147 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Clap Board Siding
  • Aluminum Siding

Interior Spaces

  • 1,021 Sq Ft Home
  • Water Views
  • Finished Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Hatchway
  • Crawl Space

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, taxes
  • 6 Units
  • Whittier Place Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,059

Year Built

Built in 1868

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1021
  • Public Record Living Room Sq Ft: 1059
  • Total Sq Ft: 1021
  • Year Built: 1868
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Owner pays share of flood insurance
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 1552
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Main Street to #509. Park in driveway and use back door.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Finished
  • Basement Description: Crawl Space, Unfinished, Hatchway Access
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Stack unit in Kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 509

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Clapboard, Aluminum
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved
  • Garages Number: 1

Utilities

  • Cooling System: Window Unit
  • 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: Grounds Maintenance, Trash Pickup, Snow Removal, Taxes
  • Complex Name: Whittier Place
  • Levels In Unit: 2
  • HOA Fees: 147
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Lot Description: Water View, Level Lot
  • Flood Zone: Yes
  • Zoning: AE-10

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3059
  • Total Assessed Value: 154900
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 2595931

Multi Family

  • Total Num Of Units: 6

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
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: 170179254

SmartMLS

APN: OSAY-000023-000078-U000002