NOT LISTED FOR SALE

53 Cromwell Place Old Saybrook, CT 06475

Estimated Value: $1,098,000 - $1,343,000

3 Beds
2.5 Baths
1,700 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $620,000 $365 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,766/month

6 Days on Market

Highlights

  • Public Water Access
  • Colonial Architecture
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of October 2018

NORTH COVE RENOVATED COLONIAL in neighborhood of multi-million dollar homes. Renovations in 2014 include new roof and gutters, kitchen with Viking appliances, HVAC with central air, septic system, garage door openers, and more. The house also has vinyl insulated windows and doors. The family room has floor-to-ceiling built-ins around a marble fireplace, opens to the remodeled kitchen with granite counters and new cabinetry. Sliders lead to a deck and to a spacious, level fenced in private backyard. Upstairs is a generous master suite with walk-in closet & updated full bath, 2 more sunny bedrooms, and another full bath. Walk to Saybrook Point Inn & Spa, marinas, golf, and restaurants. Not in a flood zone. There is nothing for you to do other than move in and enjoy North Cove living.

Last Agent to Sell the Property

Joann Sterling

Coldwell Banker Realty License #RES.0757426 Listed on: 07/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Meagan Albert

Tier 1 Real Estate License #REB.0794040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,526

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Property is zoned AA2

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,526

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1700
  • Public Record Living Room Sq Ft: 1696
  • Total Sq Ft: 1700
  • Year Built: 1975
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3428
  • Directions: College St or Bridge St to Cromwell Place. Follow to #53 on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: On 1st floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 53

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • 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
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.5000
  • Lot Description: Level Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: AA2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7526
  • Total Assessed Value: 382800
  • Mil Rate Base: 19.660
  • Mil Rate Total: 19.660
  • Assessor Parcel Number: 1026892

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

Closed on
Nov 30, 2023
Sold by
Giddix David and Giddix Barbara
Bought by
Giddix T T and Giddix G
Current Estimated Value
$1,247,853

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 18, 2018
Sold by
Penna Scott
Bought by
Giddix David and Giddix Barbara
Seller's Agent
Joann Sterling
Coldwell Banker Realty
Buyer's Agent
Meagan Albert
Tier 1 Real Estate
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$465,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 15, 2013
Closed on
Apr 25, 2014
Sold by
53 Cromwell Place Llc
Bought by
Penna Scott
Seller's Agent
Ellen Henderson
William Pitt Sotheby's Int'l
Buyer's Agent
Non Member
SmartMLS II, Inc.
List Price
$619,000
Sold Price
$585,000
Premium/Discount to List
-$34,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Hall John and Lech Mark
Bought by
53 Cromwell Llc

Purchase Details

Listed on
Mar 15, 2013
Closed on
Apr 26, 2013
Sold by
Otto Stuart and Otto Suzanna D
Bought by
Lech Mark and Hall John
Seller's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
Buyer's Agent
Ellen Henderson
William Pitt Sotheby's Int'l
List Price
$479,000
Sold Price
$405,000
Premium/Discount to List
-$74,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Lewis Ella M Est and Hilton
Bought by
Otto E Stuart E and Otto Suzanna D
Source: Public Records

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Range of Values:

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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
Giddix T T -- None Available
Giddix David $620,000 --
Penna Scott $585,000 --
53 Cromwell Llc -- --
Lech Mark $405,000 --
Otto E Stuart E $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giddix David $470,000
Previous Owner Otto E Stuart E $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $620,000 -0.8% $365 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $625,000 +6.8% $368 / Sq Ft
04/25/2014 04/25/14 Sold $585,000 -5.5% $344 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
09/15/2013 09/15/13 For Sale $619,000 +52.8% $364 / Sq Ft
04/26/2013 04/26/13 Sold $405,000 -15.4% $239 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $479,000 -- $282 / 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
2024 $9,769 $642,700 $337,000 $305,700
2023 $7,779 $380,200 $185,100 $195,100
2022 $7,634 $380,200 $185,100 $195,100
2021 $7,623 $380,200 $185,100 $195,100
2020 $7,623 $380,200 $185,100 $195,100
2019 $7,509 $380,200 $185,100 $195,100
2018 $7,503 $382,800 $148,100 $234,700
2017 $7,526 $382,800 $148,100 $234,700
2016 $7,373 $382,800 $148,100 $234,700
2015 $7,200 $382,800 $148,100 $234,700
2014 $6,386 $345,200 $148,100 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170110597

SmartMLS

APN: OSAY-000032-000054-000001