NOT LISTED FOR SALE

61 Bailey Rd East Haddam, CT 06423

Estimated Value: $180,000 - $204,000

2 Beds
1 Bath
480 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $97,000 $202 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,314/month

56 Days on Market

Highlights

  • Beach Front
  • Ranch Style House
  • No HOA
  • Deck
  • Partially Wooded Lot
  • Porch

About This Home

As of August 2019

Welcome to the Mermaid Cottage. Be greeted by a hand painted "Under The Sea" mural when you arrive to your secret treasure! This is a rare opportunity to own a seasonal property across from Bashan Lake. Work hard all week then pack your bags to spend quality R&R time from the hustle and bustle. Keep your phone on the counter and come enjoy the perks of one of CT's cleanest lakes - boating, fishing, kayaking or swimming. This cottage is one of three properties which holds dock rights and ownership to your very own private beach/picnic area. Also, a true fisherman's dream! Bluegills, trout, largemouth bass and yellow perch are stocked annually. After the fun in the sun, come relax on your porch to grill and entertain. Two bedrooms and an open concept kitchen/den are great for the summer overnight stays.

Last Agent to Sell the Property

Dana Gibson

William Raveis Real Estate License #RES.0806135 Listed on: 04/30/2019

William Raveis Real Estate

Last Buyer's Agent

Limmy Lecrenier

Century 21 AllPoints Realty License #RES.0212202

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Beach Front
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Cottage
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 480 Sq Ft Home
  • Water Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • Window Unit Cooling System
  • No Heating
  • Shared Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch, Cottage
  • Sq Ft Est Heated Above Grade: 480
  • Public Record Living Room Sq Ft: 480
  • Total Sq Ft: 480
  • Year Built: 1955
  • Nearby Amenities: Golf Course, Health Club, Lake, Park
  • Direct Waterfront: No
  • Encumbrances Restrictions: Right of Way
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1530
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Rte 9 North to Exit 7, turn left onto Saybrook Rd, right onto Bridge Rd, keep right onto Norwich Rd, left onto Boardman Rd, 1.3 miles take a left onto CT 151, right onto Alger, right onto Bailey. Look for yard sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Appliances: Electric Range, Microwave, Refrigerator
  • Attic: No
  • Street Number Modifier: 61

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Shingle
  • Waterfront Description: Lake, Access, Dock or Mooring, Beach
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Window Unit
  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Water View, Lightly Wooded, Sloping Lot, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: L
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2286
  • Total Assessed Value: 75100
  • Mil Rate Base: 30.440
  • Mil Rate Total: 30.440
  • Assessor Parcel Number: 971641

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Lazos George and Lazos Chelsea
Bought by
Turner James and Turner Jenna
Current Estimated Value
$191,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Outstanding Balance
$85,855
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,234

Purchase Details

Closed on
Jun 3, 1999
Sold by
Murphy Thomas E
Bought by
Jacobs Gary L and Jacobs Janie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.85%
Source: Public Records

Similar Home in the area

  • 26 O'Connell Rd, Colchester, CT 06415

    $229,000

    • 2 Beds
    • 1.5 Baths
    • 1,075 Sq Ft
    • 26 O'Connell Rd
    • Colchester, CT

    One floor living! Compact cozy ranch freshly painted and newly carpeted * Stainless steel appliances and nice tile backsplash in kitchen * There is a separate tiled dining area off of the kitchen as well * Clean and move-in ready! * Split rail fence and cute garden shed/ outbuilding add to the yard space along with a 10'X10' deck off rear * Full basement and paved driveway *Located in East Haddam

    Lisa Golebiewski Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Turner James $106,000 None Available
Jacobs Gary L $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner James $95,400
Previous Owner Lazos George $87,300
Previous Owner Jacobs Gary L $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $97,000 0.0% $202 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $97,000 -9.3% $202 / Sq Ft
04/30/2019 04/30/19 For Sale $107,000 -- $223 / 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 $3,024 $113,020 $75,290 $37,730
2023 $2,910 $113,020 $75,290 $37,730
2022 $2,387 $75,100 $52,140 $22,960
2021 $2,286 $75,100 $52,140 $22,960
2020 $2,286 $75,100 $52,140 $22,960
2019 $2,286 $75,100 $52,140 $22,960
2018 $2,227 $75,100 $52,140 $22,960
2017 $2,580 $87,230 $59,580 $27,650
2016 $2,560 $87,230 $59,580 $27,650
2015 $2,502 $87,230 $59,580 $27,650
2014 $2,433 $87,220 $59,570 $27,650
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170187091

SmartMLS

APN: EHDM-000057M-000000-L000049