NOT LISTED FOR SALE

52 Spencer Plain Rd Old Saybrook, CT 06475

Estimated Value: $532,000 - $1,516,823

6.6 Acres
$173,223 Price per Acre
287,496 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $795,000

Est. 44% increase in value since last sale

Current estimated payment $6,751/month

1,246 Days on Market

Highlights

  • 6.6 Acre Lot
  • Wetlands on Lot
  • No HOA
  • Kathleen E. Goodwin School Rated A-
  • Corner Lot

About This Lot

As of August 2019

Location, Location, Location! Great commercial site with level and gently sloping terrain and superb I-95 frontage and exposure. Located within the flexible Gateway Business zoning district which permits most uses. Many documents available.

Last Agent to Sell the Property

Joe Wren

William Raveis Real Estate License #RES.0762067 Listed on: 02/02/2016

William Raveis Real Estate

Last Buyer's Agent

Non Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,697

Lot Details

  • 6.6 Acre Lot
  • Property fronts an interstate
  • Corner Lot
  • Property is zoned Business

Schools

  • Pboe Elementary And Middle School
  • Old Saybrook High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$9,697

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Southeast Corner of Spencer Plains Road (Route 166) and I-95 at Exit 66
  • Special Features: None

Interior Features

  • Street Number Modifier: 52

Exterior Features

  • Road Frontage Description: Interstate Highway, State Road, Paved Road
  • Road Frontage Approximate: 1200

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Old Saybrook
  • Intermediate School: PBOE

Lot Info

  • Acres: 6.6000
  • Lot Description: May be Subdividable, Some Wetlands, Corner Lot
  • Development Status: Possible Subdivide, Raw Land
  • Flood Zone: No
  • Potential Land Uses: Apartments, Condominium, Hotel/Motel, Industrial Park, Multi-Family Development, Office Building, Professional, Recreational, Retail, Shopping Center, Warehouse
  • Subdividable Ynu: Unknown
  • Zoning: Business

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9697
  • Total Assessed Value: 491000
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1026250

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Aug 1, 2019
Sold by
Lewis Noelle F and Lewis-Oakes Nicole
Bought by
Ortho Saybrook Llc
Seller's Agent
Joe Wren
William Raveis Real Estate
Buyer's Agent
Non Member
Non-Member
List Price
$875,000
Sold Price
$795,000
Premium/Discount to List
-$80,000
-9.14%
Current Estimated Value
$1,143,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,274
Avg. Annual Appreciation
6.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ortho Saybrook Llc $795,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $795,000 -9.1% --
07/02/2019 07/02/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $875,000 -7.9% --
12/13/2017 12/13/17 Pending -- -- --
02/02/2016 02/02/16 For Sale $950,000 -- --
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 $8,283 $534,400 $534,400 $0
2024 $8,123 $534,400 $534,400 $0
2023 $10,046 $491,000 $491,000 $0
2022 $9,859 $491,000 $491,000 $0
2021 $9,845 $491,000 $491,000 $0
2020 $9,845 $491,000 $491,000 $0
2019 $9,697 $491,000 $491,000 $0
2018 $9,624 $491,000 $491,000 $0
2017 $9,653 $491,000 $491,000 $0
2016 $9,457 $491,000 $491,000 $0
2015 $9,236 $491,000 $491,000 $0
2014 $9,084 $491,000 $491,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joe Wren

    William Raveis Real Estate

    (860) 388-3936

    2 in this area

    5 Total Sales

    Joe Wren
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non-Member

See All Agents

Map

Source: SmartMLS

MLS Number: N10107356

SmartMLS

APN: OSAY-000025-000027

Connecticut Middlesex County Old Saybrook 06475

52 Spencer Plain Rd, Old Saybrook, CT

This home is located at 52 Spencer Plain Rd, Old Saybrook, CT 06475 since 02 February 2016 and is currently estimated at $1,143,274. 52 Spencer Plain Rd is a home located in Middlesex County with nearby schools including Kathleen E. Goodwin School, Old Saybrook Middle School, and Old Saybrook Senior High School.

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.

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