NOT LISTED FOR SALE

523 Main St Old Saybrook, CT 06475

Estimated Value: $593,000 - $699,559

4 Beds
1.5 Baths
1,344 Sq Ft
$482/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $287,500 $214 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,908/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Kathleen E. Goodwin School Rated A-
  • Corner Lot
  • Thermal Windows

About This Home

As of August 2019

Desirable Main Street location. Four-Bedroom Gambrel Colonial on a corner lot. Spacious living room with hardwood floors. Eat-in country kitchen. First floor laundry room & powder room. Full basement. Garden shed. Close proximity to Saybrook Point & Downtown. Newer windows. Being sold as-is.

Last Agent to Sell the Property

Kevin Kennedy

Kennedy Real Estate Solutions License #REB.0757006 Listed on: 06/07/2019

Co-Listed By

Sharon Kennedy

Kennedy Real Estate Solutions License #RES.0774164

Last Buyer's Agent

Kevin Geysen

William Pitt Sotheby's Int'l License #RES.0791166

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

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

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1344
  • Public Record Living Room Sq Ft: 1344
  • Total Sq Ft: 1344
  • Year Built: 1973
  • Remarks Public Addendum: javascript:__doPostBack('m_lbSubmit','')
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2016
  • Tax Year Updated Dt: 08/05/2019
  • Directions: Main Street Old Saybrook to #523. See sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 523

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot
  • Zoning: A

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4260
  • Total Assessed Value: 215700
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1026035

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 13, 2019
Sold by
William B Mcgeorge Ret
Bought by
Hall Robert A and Hall Lindsey B
Seller's Agent
Kevin Kennedy
Kennedy Real Estate Solutions
Buyer's Agent
Kevin Geysen
William Pitt Sotheby's Int'l
List Price
$317,000
Sold Price
$287,500
Premium/Discount to List
-$29,500
-9.31%
Current Estimated Value
$647,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,890
Avg. Annual Appreciation
14.16%
Original Mortgage
$273,125
Outstanding Balance
$239,207
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$408,183

Purchase Details

Closed on
Jan 30, 1998
Sold by
Torrenti Ellinor W
Bought by
Mcgeorge William B
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 Buyer Sale Price Title Company
Hall Robert A $287,500 --
Mcgeorge William B $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Robert A $273,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $287,500 -4.1% $214 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $299,900 -5.4% $223 / Sq Ft
06/07/2019 06/07/19 For Sale $317,000 0.0% $236 / Sq Ft
04/13/2013 04/13/13 Rented $1,500 0.0% --
04/13/2013 04/13/13 Under Contract -- -- --
01/22/2013 01/22/13 For Rent $1,500 -- --
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 $5,699 $367,700 $178,900 $188,800
2024 $4,864 $320,000 $178,900 $141,100
2023 $4,413 $215,700 $118,600 $97,100
2022 $4,331 $215,700 $118,600 $97,100
2021 $4,325 $215,700 $118,600 $97,100
2020 $4,325 $215,700 $118,600 $97,100
2019 $4,260 $215,700 $118,600 $97,100
2018 $4,263 $217,500 $111,700 $105,800
2017 $4,276 $217,500 $111,700 $105,800
2016 $4,189 $217,500 $111,700 $105,800
2015 $4,091 $217,500 $111,700 $105,800
2014 $4,024 $217,500 $111,700 $105,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170203072

SmartMLS

APN: OSAY-000023-000075