NOT LISTED FOR SALE

66 Otter Cove Dr Old Saybrook, CT 06475

Old Saybrook Neighborhood

Estimated Value: $985,000 - $1,477,603

6 Beds
5 Baths
3,131 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $550,000 $176 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,533/month

37 Days on Market

Highlights

  • Greenhouse
  • Waterfront
  • Open Floorplan
  • Kathleen E. Goodwin School Rated A-
  • 5.8 Acre Lot
  • Ranch Style House

About This Home

As of December 2016

This wonderful Otter Cove RANCH is privately sited in a great location on an expansive 5.8 acre sub-dividable lot offering verdant, pastoral and river views and you the opportunity to make this home exactly as YOU envision. Sought after first floor living provides a spacious master bedroom with en suite bathroom where one can enjoy wonderful views. This bright and airy ranch offers 2 additional 1st floor bedrooms. 3 full bathrooms and 2 half bathrooms means no one will ever wait! This unique ranch offers 3 additional bedrooms aloft along with another bath and a half. If you have an equestrian bent the land is appropriate to create a horse property as one time is was a resplendent equestrian estate. If no need for the excess acreage and the privacy it provides one could opt to subdivide this property. There many interesting period features, flooring, and the like. 66 Otter Cove is replete with a full glass greenhouse and allows those with a green thumb to be happy year round tending to

Last Listed By

Michael Marsden

Compass Connecticut, LLC License #RES.0772029 Listed on: 08/26/2016

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,390

Year Built

  • Built in 1958

Lot Details

  • 5.8 Acre Lot
  • Waterfront
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Clap Board Siding

Interior Spaces

  • 3,131 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Greenhouse
  • Porch

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • 220 Volts
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,390

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 3131
  • Year Built: 1958
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS friendly...however if you're using a map take Ayer's point road off Essex Road to Otter Cove. #66 is first house on the left when you drive onto Otter Cove Dr.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Gas Range, Wall Oven, Washer
  • Additional Rooms: Greenhouse
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 66

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Clapboard
  • Waterfront Description: View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 5.8000
  • Lot Description: Level Lot, Lightly Wooded, May be Subdividable
  • Flood Zone: No
  • Property Info: Horse Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 11390
  • Total Assessed Value: 591400
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1029375

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
Aug 26, 2016
Closed on
Dec 2, 2016
Sold by
Millet Gunlog J and Millet Kristine
Bought by
Sung-Chan David P and Bock-Chan Ann M
Seller's Agent
Michael Marsden
Compass Connecticut, LLC
Buyer's Agent
Melissa Pardi
William Pitt Sotheby's Int'l
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Total Days on Market
37
Current Estimated Value
$1,153,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,651
Avg. Annual Appreciation
4.93%
Original Mortgage
$400,000
Outstanding Balance
$333,883
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,499

Range of Values:

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Average Value
Not Available
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
Sung-Chan David P $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millet Ralph T $400,000
Previous Owner Millet Ralph T $250,000
Previous Owner Millet Ralph T $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $550,000 -8.2% $176 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/16/2016 09/16/16 Price Changed $599,000 -7.8% $191 / Sq Ft
08/26/2016 08/26/16 For Sale $650,000 -- $208 / 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 $13,640 $897,400 $358,500 $538,900
2023 $11,411 $558,000 $222,500 $335,500
2022 $11,205 $558,000 $222,500 $335,500
2021 $11,188 $558,000 $222,500 $335,500
2020 $11,188 $558,000 $222,500 $335,500
2019 $11,021 $558,000 $222,500 $335,500
2018 $12,023 $613,400 $222,500 $390,900
2017 $11,627 $591,400 $222,500 $368,900
2016 $11,390 $591,400 $222,500 $368,900
2015 $10,383 $552,000 $222,500 $329,500
2014 $10,212 $552,000 $222,500 $329,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Marsden

    Seller's Agent in 2016

    Michael Marsden

    Compass Connecticut, LLC

    (860) 334-1379

    3 in this area

    109 Total Sales

    Michael Marsden
    Section Image
  • Melissa Pardi

    Buyer's Agent in 2016

    Melissa Pardi

    William Pitt

    (860) 767-7488

    24 in this area

    62 Total Sales

    Melissa Pardi
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10163933

SmartMLS

APN: OSAY-000063-000056

Connecticut Middlesex County Old Saybrook 06475 Old Saybrook

66 Otter Cove Dr, Old Saybrook, CT

Homes for Sale in Old Saybrook, CT

This home is located at 66 Otter Cove Dr, Old Saybrook, CT 06475 since 26 August 2016 and is currently estimated at $1,153,651, approximately $368 per square foot. This property was built in 1958. 66 Otter Cove Dr is a home located in Middlesex County with nearby schools including Kathleen E. Goodwin School, Old Saybrook Middle School, and Old Saybrook Senior High School.

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