NOT LISTED FOR SALE

551 Mulberry Point Rd Guilford, CT 06437

Estimated Value: $1,161,966 - $1,187,000

5 Beds
4.5 Baths
2,850 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $800,000 $281 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,387/month

136 Days on Market

Highlights

  • Beach Front
  • 2.07 Acre Lot
  • Contemporary Architecture
  • E.C. Adams Middle School Rated A-
  • Deck
  • Attic

About This Home

As of January 2021

Beautifully remodelled and updated 5 bed 4.5 bath home with scenic views overlooking the Guilford salt marshes and Indian Cove. The list of updates is extensive with a brand new kitchen, all new bathrooms, new HVAC system, new furnace, new electrical and plumbing. Located just a few minutes from Guilford town green this architecturally designed contemporary home offers an abundance of natural light in every room with high ceilings and skylights. The exterior of the home offers a large deck with views of Indian Cove and is just a few minutes walk from a local sandy beach. Schedule a showing today!

Last Agent to Sell the Property

Stephen Gaffney

Houlihan Lawrence WD License #RES.0802747 Listed on: 06/29/2020

Houlihan Lawrence WD

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,860

Year Built

  • Built in 1968

Lot Details

  • 2.07 Acre Lot
  • Beach Front
  • Interior Lot
  • Property is zoned R-5

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 2 Fireplaces
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Balcony
  • Deck

Location

  • Flood Zone Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Mini Split Air Conditioners
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,860

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Neighborhood: Indian Cove
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2850
  • Public Record Living Room Sq Ft: 2635
  • Total Sq Ft: 2850
  • Year Built: 1968
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Use 461 Mulberry for GPS. You will see the sign and the 551 Mulberry mailbox
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Unfinished
  • Appliances: Gas Cooktop, Gas Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Basement & 2nd floor
  • Laundry Room Info: Lower Level, Upper Level
  • Attic: Yes
  • Street Number Modifier: 551

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Shared

Utilities

  • Cooling System: Central Air, Split System, Zoned
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 2.0700
  • Lot Description: Interior Lot
  • Flood Zone: Yes
  • Zoning: R-5

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10860
  • Total Assessed Value: 336130
  • Mil Rate Base: 32.310
  • Mil Rate Total: 32.310
  • Assessor Parcel Number: 1116103

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jan 6, 2021
Sold by
Mcintosh-Cassano Heather and Cassano Michael G
Bought by
Belmont Ami P and Young Benjamin M
Seller's Agent
Stephen Gaffney
Houlihan Lawrence WD
Buyer's Agent
Jack Hill
Seabury Hill REALTORS
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Current Estimated Value
$1,189,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,246
Avg. Annual Appreciation
8.40%
Original Mortgage
$640,000
Outstanding Balance
$569,791
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,531

Purchase Details

Listed on
Sep 28, 2016
Closed on
Apr 3, 2017
Sold by
Anderson Stephen R and Anderson-Bays Janine M
Bought by
Mcintosh-Cassano Heather and Cassano Michael G
Seller's Agent
Isabelle Gasser-Arpie
Compass Connecticut, LLC
Buyer's Agent
Stephen Gaffney
Houlihan Lawrence WD
List Price
$525,000
Sold Price
$467,500
Premium/Discount to List
-$57,500
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$345,625
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1996
Sold by
Osborne Molly T
Bought by
Anderson Stephen R and Anderson Janine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 1990
Sold by
Jaffe David M
Bought by
Tyson Mary S
Source: Public Records

Range of Values:

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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
Belmont Ami P $800,000 None Available
Mcintosh-Cassano Heather $467,500 --
Anderson Stephen R $400,000 --
Tyson Mary S $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmont Ami P $640,000
Previous Owner Mcintosh-Cassano Heather $345,625
Previous Owner Tyson Mary S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $800,000 -3.5% $281 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $829,000 +77.3% $291 / Sq Ft
03/31/2017 03/31/17 Sold $467,500 -11.0% $177 / Sq Ft View Prior Sale
02/06/2017 02/06/17 For Sale $525,000 0.0% $199 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $525,000 -- $199 / 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 $13,798 $499,030 $213,640 $285,390
2024 $13,264 $499,030 $213,640 $285,390
2023 $12,915 $499,030 $213,640 $285,390
2022 $11,176 $336,130 $137,110 $199,020
2021 $10,965 $336,130 $137,110 $199,020
2020 $10,860 $336,130 $137,110 $199,020
2019 $10,766 $336,130 $137,110 $199,020
2018 $10,514 $336,130 $137,110 $199,020
2017 $9,067 $308,810 $142,950 $165,860
2016 $8,854 $308,810 $142,950 $165,860
2015 $8,721 $308,810 $142,950 $165,860
2014 $8,468 $308,810 $142,950 $165,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170310026

SmartMLS

APN: GUIL-001605-000000-000702