NOT LISTED FOR SALE

60 Cypress Rd Old Saybrook, CT 06475

Estimated Value: $766,000 - $790,000

3 Beds
2 Baths
1,500 Sq Ft
$518/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $775,000 $517 Per Sq Ft

Current estimated payment $4,839/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • Clubhouse
  • Tennis Courts
  • Kathleen E. Goodwin School Rated A-
  • 1 Fireplace
  • Hot Water Circulator

About This Home

As of June 2024

60 Cypress Road, Old Saybrook, CT ~ In the Knollwood Beach Association, find your oasis with this captivating year round 3 bedroom, 2 bath Cape Cod home, where each day unfurls with the promise of relaxation by the beach, pleasant walks, and tranquility in a friendly neighborhood. Cherish the convenience of a first-floor bedroom, enveloped in the warmth of a glassed-in heated porch for year-round enjoyment. Two updated bathrooms ensure comfort and practicality for both residents and guests. An exceptional feature of this home is the partially finished basement-something seldom find in the area, providing a welcomed bonus space that remains dry and usable. Life in Knollwood Beach is not just a residence, it's an experience. Imagine leisurely rides on a golf cart through the neighborhood, engaging in community activities at the local Basketball Court, Club House, Playground/Tot Lot, and Tennis Courts. This home invites you to live life to its fullest, embracing all that the sought-after Knollwood Beach lifestyle has to offer. Whether it's for your permanent residence or a seasonal escape, this property presents a rare opportunity to join a cherished community. Don't let this chance slip away; explore how this home can become your personal retreat for relaxation and recreation. Close to Rt 9, I95 with easy commute to New York or Boston. 60 Cypress Road is your destination home on the CT shoreline.

Last Agent to Sell the Property

Jennifer Gurnell

William Raveis Real Estate License #RES.0002284 Listed on: 05/17/2024

William Raveis Real Estate

Last Buyer's Agent

Nancy Mesham

Coldwell Banker Realty License #RES.0760007

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1023278

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, security service

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,669

Year Built

Built in 1950

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1500
  • Total Sq Ft: 1500
  • Year Built: 1950
  • New Construction: No/Resale
  • Association Amenities: Basketball Court, Club House, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1500
  • Spec Assoc Asses: Yes
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Full With Hatchway
  • Appliances: Electric Range, Refrigerator, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 60

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights Access
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Driveway Type: Asphalt
  • Total Parking Spaces: 5
  • Garage And Parking: None, Paved, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service
  • HOA Fees: 300
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association
  • Property Manager Name: Knollwood Beach

Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle School: Old Saybrook
  • High School: Old Saybrook High School
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 1023278

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4669
  • Total Assessed Value: 228200
  • Mil Rate Total: 20.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 21, 2024
Sold by
Tracy Elizabeth and Montecalvo Peter
Bought by
Alexander Jeffrey and Alexander Barbara J
Seller's Agent
Jennifer Gurnell
William Raveis Real Estate
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Total Days on Market
16
Views
32
Current Estimated Value
$777,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,381
Avg. Annual Appreciation
0.31%
Original Mortgage
$610,000
Outstanding Balance
$605,473
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,908

Purchase Details

Closed on
Apr 6, 1998
Sold by
Perillo Linda
Bought by
Belmont Maria E
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
Alexander Jeffrey $775,000 None Available
Alexander Jeffrey $775,000 None Available
Belmont Maria E $179,900 --
Belmont Maria E $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Jeffrey $305,000
Open Alexander Jeffrey $610,000
Closed Alexander Jeffrey $610,000
Previous Owner Perillo Lina $100,000
Previous Owner Perillo Lina $157,000
Previous Owner Perillo Lina $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $775,000 -2.5% $517 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $795,000 +76.7% $530 / Sq Ft
07/21/2021 07/21/21 Sold $450,000 +0.2% $300 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $449,000 0.0% $299 / Sq Ft
04/01/2016 04/01/16 Rented $1,600 0.0% --
03/08/2016 03/08/16 Under Contract -- -- --
10/22/2015 10/22/15 For Rent $1,600 -- --
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 $5,654 $372,000 $194,500 $177,500
2023 $4,667 $228,200 $120,100 $108,100
2022 $4,582 $228,200 $120,100 $108,100
2021 $4,575 $228,200 $120,100 $108,100
2020 $4,575 $228,200 $120,100 $108,100
2019 $4,507 $228,200 $120,100 $108,100
2018 $4,696 $239,600 $120,100 $119,500
2017 $4,711 $239,600 $120,100 $119,500
2016 $4,615 $239,600 $120,100 $119,500
2015 $4,507 $239,600 $120,100 $119,500
2014 $4,433 $239,600 $120,100 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24018712

SmartMLS

APN: OSAY-000004-000029