NOT LISTED FOR SALE

54 Cromwell Place Old Saybrook, CT 06475

Estimated Value: $1,848,000 - $1,992,644

3 Beds
4.5 Baths
2,998 Sq Ft
$647/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,865,000 $622 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,576/month

4 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Deck
  • Kathleen E. Goodwin School Rated A-
  • ENERGY STAR Certified Homes
  • Contemporary Architecture

About This Home

As of May 2024

This perfectly renovated property in North Cove on Saybrook Point is not to be missed! With views of where the Connecticut River meets the Sound and North Cove, living on the point, there is water to be seen everywhere you look. Whether this is your full time home or your weekend retreat, ultimately this is your place to relax. A gorgeous brand new heated saltwater pool and new wrap around decks, this home is the place to entertain outdoors. Indoors, an open floor plan, a living room /dining room has a wood burning fire place with cathedral ceilings. The kitchen features custom cabinetry and stainless steel appliances and overlooks a comfortable family room, the yard and views of the water. Light bouncing throughout the house morning and evening, it has a feeling of crisp fresh light, easy living, and comfort. A first floor bedroom suite complete with a beautiful full bath has floor to ceiling windows, and a slider onto the luxurious deck with water views. The newly renovated primary suite on the second floor has a great balcony looking over the fenced in yard and the water. Another fabulous feature is the suite separate from the main living area. This space consists of a bright living room, a bedroom with a full bath, perfect for a guest suite, au pair or an in-law suite. In just a few years, this home has been transformed to the quality that everyone is seeking.Come take a look at this gorgeous home!

Last Agent to Sell the Property

Tina Rupp

William Pitt Sotheby's Int'l License #RES.0799372 Listed on: 04/02/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Barbara Goetsch

William Pitt Sotheby's Int'l License #RES.0772208

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,399

Year Built

  • Built in 1986

Lot Details

  • 0.57 Acre Lot
  • Property is zoned AA-2

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2,998 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Sitting Room
  • Bonus Room
  • Home Gym
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Smart Thermostat

Parking

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

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Power Generator
  • Hot Water Circulator
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1026854

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,399

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Neighborhood: Saybrook Point
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2998
  • Total Sq Ft: 2998
  • Year Built: 1986
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Paddle Tennis, Park, Playground/Tot Lot, Private School(s), Public Rec Facilities, Putting Green, Tennis Courts
  • In Law Access: SECND,GARAG
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: College St to Cromwell Place.
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Living Area Sq Ft Per Public Record: 2998
  • Street Type: Place
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Range, Microwave, Refrigerator, Dishwasher, Disposal, Instant Hot Water Tap, Washer, Dryer
  • Additional Rooms: Bonus Room, Exercise Room, Sitting Room
  • Laundry Room Location: second floor
  • Attic: No
  • Home Automation: Lock(s), Thermostat(s)
  • Street Number Modifier: 54

Exterior Features

  • Exterior Features: Shed, Deck, Lighting
  • Exterior Siding: Clapboard
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: Vinyl, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 2
  • Garage And Parking: Attached Garage, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Energy Star Rated, Generator, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.57
  • Lot Description: Fence - Wood Fence - Partial Dry Level Lot Professionally Landscaped Water View Open Lot
  • Flood Zone: No
  • Zoning: AA-2
  • Parcel #: 1026854

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 13399
  • Total Assessed Value: 654900
  • Mil Rate Total: 20.46

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
Apr 2, 2024
Closed on
May 22, 2024
Sold by
Doering Elizabeth
Bought by
Toto-Crown Lt and Toto
Seller's Agent
Tina Rupp
William Pitt Sotheby's Int'l
Buyer's Agent
Barbara Goetsch
William Pitt Sotheby's Int'l
List Price
$1,700,000
Sold Price
$1,865,000
Premium/Discount to List
$165,000
9.71%
Views
49
Current Estimated Value
$1,938,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,548
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jul 2, 2020
Closed on
Dec 21, 2020
Sold by
Creighton Eugene J and Creighton Patricia C
Bought by
Doering Elizabeth
Seller's Agent
The Shannehan Team
William Pitt Sotheby's Int'l
Buyer's Agent
Tina Rupp
William Pitt Sotheby's Int'l
List Price
$979,000
Sold Price
$950,000
Premium/Discount to List
-$29,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Rosenbaum Robert A and Rosenbaum Marjorie D
Bought by
Creighton Eugene J and Creighton Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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
Toto-Crown Lt $1,865,000 None Available
Toto-Crown Lt $1,865,000 None Available
Doering Elizabeth -- None Available
Doering Elizabeth -- None Available
Creighton Eugene J $425,000 --
Creighton Eugene J $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Creighton Eugene J $239,684
Previous Owner Creighton Eugene J $294,000
Previous Owner Creighton Eugene J $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,865,000 +9.7% $622 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,700,000 +78.9% $567 / Sq Ft
12/22/2020 12/22/20 Sold $950,000 -3.0% $317 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $979,000 -- $327 / 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
2025 $15,585 $1,005,500 $421,600 $583,900
2024 $15,284 $1,005,500 $421,600 $583,900
2023 $13,393 $654,900 $231,600 $423,300
2022 $13,150 $654,900 $231,600 $423,300
2021 $12,716 $634,200 $231,600 $402,600
2020 $12,714 $634,100 $231,500 $402,600
2019 $12,523 $634,100 $231,500 $402,600
2018 $13,087 $667,700 $266,800 $400,900
2017 $13,127 $667,700 $266,800 $400,900
2016 $12,598 $654,100 $266,800 $387,300
2015 $12,304 $654,100 $266,800 $387,300
2014 $12,648 $683,700 $296,400 $387,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24007223

SmartMLS

APN: OSAY-000032-000020-000001