NOT LISTED FOR SALE

68 N Cove Rd Old Saybrook, CT 06475

Estimated Value: $2,818,000 - $3,310,000

4 Beds
4.5 Baths
4,518 Sq Ft
$674/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $2,250,000 $498 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $18,345/month

76 Days on Market

Highlights

  • Pool House
  • The property is located in a historic district
  • Waterfront
  • Kathleen E. Goodwin School Rated A-
  • Sub-Zero Refrigerator
  • 1.25 Acre Lot

About This Home

As of November 2020

Sale was inclussive of 2 parcels contingent upon selling together as follows: 68 NCove iincluded house with co-ownership of direct waterfront parcel across street sold for $1,850,000 -and- 72 NCove Rd- approved building lot sold for $400,000.
Picturesque water views, showcase gardens and architecturally acclaimed. Stunning 10 room colonial in a coveted setting along the North Cove Waterfront. A private lane in a small enclave of prominent homes affords you access to this incredibly unique property. The home is set on a half-acre and includes an attached, approved additional half acre building lot. Also has joint co-ownership in a waterfront parcel that is set across the road along North Cove waters. Just 18 years old, one owner and custom designed with care and consideration that blends harmoniously within the Historic District. Fabulous outdoor areas include a pool, hot tub, and waterfall all privately nestled behind lush greenery, white picket fence and gates. Quality detail through out each room boasting random width white oak floors, fine millwork, built-ins, raised paneling and extensive crown moldings.

Last Agent to Sell the Property

Susan Malton

Coldwell Banker Realty License #RES.0757374 Listed on: 08/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Rose McWaid

William Raveis Real Estate License #RES.0769263

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,705

Year Built

  • Built in 2001

Lot Details

  • 1.25 Acre Lot
  • Waterfront
  • Sprinkler System
  • Garden
  • Property is zoned AA2

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Clap Board Siding

Interior Spaces

  • Central Vacuum
  • Sound System
  • 2 Fireplaces
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Concrete Flooring
  • Water Views
  • Home Security System

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway
  • Off-Street Parking

Pool

  • Pool House
  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • North Cove Subdivision

Listing and Financial Details

  • Exclusions: Garden sculptures/ornaments

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,705

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Saybrook Point
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4218
  • Public Record Living Room Sq Ft: 4218
  • Sq Ft Est Heated Below Grade: 300
  • Total Sq Ft: 4518
  • Year Built: 2001
  • Exclusions: Garden sculptures/ornaments
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7680
  • Tax Year Updated Dt: 09/21/2020
  • Directions: Main St (Route 154) thru town to to Saybrook Point, Left on North Cove Rd. Ninth home on right. Pass house to access Captain's Walk to driveway from back of house.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up, Floored
  • Basement Description: Full, Full With Hatchway, Partially Finished, Heated, Concrete Floor, Interior Access
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Central Vacuum
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Subzero, Dishwasher, Disposal, Washer, Electric Dryer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Over sized 7 X10 Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 68

Exterior Features

  • Exterior Features: Cabana, Deck, French Doors, Garden Area, Gutters, Hot Tub, Lighting, Patio, Underground Sprinkler
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Access, View
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Heated, Gunite
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Paved, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Generator, Programmable Thermostat, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 1.2500
  • Lot Description: Historic District, In Subdivision, Water View, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: AA2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 19705
  • Total Assessed Value: 982800
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1026816

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 13, 2020
Sold by
Captain Dolbeare Inc
Bought by
Captain Dolbeare Inc
Seller's Agent
Susan Malton
Coldwell Banker Realty
Buyer's Agent
Rose McWaid
William Raveis Real Estate
List Price
$2,375,000
Sold Price
$2,250,000
Premium/Discount to List
-$125,000
-5.26%
Current Estimated Value
$3,046,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,689
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,480,000
Outstanding Balance
$1,316,990
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,729,699
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
Captain Dolbeare Inc -- None Available
Lavallee Roderick J $1,850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavallee Roderick J $1,480,000
Closed Lavallee Roderick J $184,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $2,250,000 -5.3% $498 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $2,375,000 -- $526 / 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 $26,307 $1,697,200 $657,900 $1,039,300
2024 $25,797 $1,697,200 $657,900 $1,039,300
2023 $22,409 $1,095,800 $445,900 $649,900
2022 $22,004 $1,095,800 $445,900 $649,900
2021 $19,741 $984,600 $445,900 $538,700
2020 $19,705 $982,800 $444,100 $538,700
2019 $19,412 $982,900 $444,200 $538,700
2018 $22,258 $1,135,600 $444,200 $691,400
2017 $22,326 $1,135,600 $444,200 $691,400
2016 $21,872 $1,135,600 $444,200 $691,400
2015 $21,361 $1,135,600 $444,200 $691,400
2014 $21,009 $1,135,600 $444,200 $691,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170321425

SmartMLS

APN: OSAY-000031-000015-000001