NOT LISTED FOR SALE

63 Plum Bank Rd Old Saybrook, CT 06475

Estimated Value: $1,043,000 - $1,205,204

3 Beds
2 Baths
1,448 Sq Ft
$779/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $625,000 $432 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,893/month

155 Days on Market

Highlights

  • Beach Front
  • Deck
  • 1 Fireplace
  • Kathleen E. Goodwin School Rated A-
  • Attic
  • No HOA

About This Home

As of December 2015

Direct Waterfront. Your backyard is the beach. Large enclosed porch overlooking the beach and water plus a large deck to enjoy the summer breeze. This Cottage needs some updating but if you're looking for direct waterfront, you don't want to miss this one!

Last Agent to Sell the Property

Greg Young

Berkshire Hathaway NE Prop. License #REB.0750741 Listed on: 05/13/2015

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Bill Sage

Coldwell Banker Realty License #RES.0771950

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 1942

Lot Details

  • 0.3 Acre Lot
  • Beach Front
  • Seasonal Access to Property

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Storage In Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Dirt Driveway
  • Open Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Heating System Uses Wood
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 1448
  • Year Built: 1942
  • Nearby Amenities: Library, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 154 (Great Hammock Rd) to Toms Rd. Bear left after turning onto Toms Rd. See sign for 63 Plum Bank.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Interior Amenities: Cable - Available
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed, Porch
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Access, Beach, Beach Rights, Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Dirt

Utilities

  • Heat Type: No Heat
  • Heat Fuel Type: Wood
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 0.3000
  • Lot Description: Water View
  • Flood Zone: Yes
  • Property Info: Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 9766
  • Assessor Parcel Number: 1023684

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Dec 15, 2015
Sold by
Joseph Settipane
Bought by
Deems Aaron M
Seller's Agent
Greg Young
Berkshire Hathaway NE Prop.
Buyer's Agent
Bill Sage
Coldwell Banker Realty
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%
Current Estimated Value
$1,128,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,051
Avg. Annual Appreciation
6.17%
Original Mortgage
$417,000
Outstanding Balance
$333,027
Interest Rate
3.77%
Estimated Equity
$795,024

Purchase Details

Closed on
Dec 31, 2013
Sold by
Settipane Russell A
Bought by
Settipane Robert J
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
Deems Aaron M $625,000 --
Settipane Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Settipane Robert J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2015 12/16/15 Sold $625,000 -16.7% $432 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $750,000 -- $518 / 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 $11,858 $765,000 $545,000 $220,000
2024 $11,628 $765,000 $545,000 $220,000
2023 $9,765 $477,500 $349,800 $127,700
2022 $9,588 $477,500 $349,800 $127,700
2021 $9,574 $477,500 $349,800 $127,700
2020 $9,574 $477,500 $349,800 $127,700
2019 $9,431 $477,500 $349,800 $127,700
2018 $10,212 $521,000 $381,600 $139,400
2017 $10,207 $519,200 $381,600 $137,600
2016 $10,000 $519,200 $381,600 $137,600
2015 $9,766 $519,200 $381,600 $137,600
2014 $9,605 $519,200 $381,600 $137,600
Source: Public Records

Agents Affiliated with this Home

  • Greg Young

    Seller's Agent in 2015

    Greg Young

    Berkshire Hathaway Home Services

    (860) 388-4734

    14 in this area

    34 Total Sales

    Greg Young
    Section Image

  • B

    Buyer's Agent in 2015

    Bill Sage

    Coldwell Banker Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: N10045232

SmartMLS

APN: OSAY-000006-000012

Connecticut Middlesex County Old Saybrook 06475

63 Plum Bank Rd, Old Saybrook, CT

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