NOT LISTED FOR SALE

69 Cromwell Place Old Saybrook, CT 06475

Estimated Value: $1,349,000 - $1,777,694

4 Beds
2.5 Baths
2,411 Sq Ft
$664/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $525,000 $218 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $9,797/month

1 Day on Market

Highlights

  • Barn
  • Waterfront
  • Colonial Architecture
  • Kathleen E. Goodwin School Rated A-
  • 0.9 Acre Lot
  • Attic

About This Home

As of March 2016

Historically recognized colonial in desirable North Cove neighborhood of Old Saybrook. Side-hall post and beam colonial built in 1807 sits on a level lot with water views of the cove from the original 'gathering' room. House has original pine floors, five fireplaces, - one with a beehive oven, built-ins, and front and rear staircases. The basement floor is comprised of hand-cut stone slabs believed to be original to the home. Stately trees and mature flowering annuals abound. A post and beam barn, constructed in part with wood from trees on the property, was added in 1995 includes two bays for vehicles, a workshop and second floor loft. Come visit this special property, feel its charm, and learn of its provenance. Bring your vision to make this home yours - extending its past glory with your future dreams. No contingency for Historic District Commission approvals. Property being conveyed in "as is " condition.

Last Agent to Sell the Property

MJ Derisio

William Pitt Sotheby's Int'l License #RES.0797761 Listed on: 01/06/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

MJ Derisio

William Pitt Sotheby's Int'l License #RES.0797761 Listed on: 01/06/2016

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,284

Year Built

  • Built in 1807

Lot Details

  • 0.9 Acre Lot
  • Waterfront
  • Corner Lot
  • Level Lot
  • Open Lot
  • Many Trees
  • Garden

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Aluminum Siding

Interior Spaces

  • 2,411 Sq Ft Home
  • 5 Fireplaces
  • Sitting Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Storm Windows

Kitchen

  • Oven or Range
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Schools

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

Utilities

  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,284

Year Built

Built in 1807

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, Colonial
  • Total Sq Ft: 2411
  • Year Built: 1807
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: From Boston Post Road (RT1): take Main Street toward Saybrook Point. Main Street changes to College, Cromwell is on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 5
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Dryer, Electric Range, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Sitting Room
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 69

Exterior Features

  • Exterior Features: Barn, Porch-Enclosed, Garden Area
  • Exterior Siding: Aluminum
  • Waterfront Description: View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Barn, Detached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.9000
  • Lot Description: Corner Lot, Level Lot, Open Lot, Treed, Water View
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 13284
  • Total Assessed Value: 706200
  • Mil Rate Total: 18.810
  • Assessor Parcel Number: 1026895

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 24, 2016
Sold by
Tietjen James R
Bought by
Laurie Robert D and Laurie Tamara
Seller's Agent
MJ Derisio
William Pitt Sotheby's Int'l
Buyer's Agent
MJ Derisio
William Pitt Sotheby's Int'l
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%
Current Estimated Value
$1,600,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,565
Avg. Annual Appreciation
12.41%
Original Mortgage
$64,807
Outstanding Balance
$51,294
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,549,271

Purchase Details

Closed on
Dec 23, 2015
Sold by
Tietjen James R
Bought by
Tietjen James R
Source: Public Records

Range of Values:

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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
Laurie Robert D $262,500 --
Laurie Robert D $262,500 --
Tietjen James R -- --
Laurie Robert D $262,500 --
Tietjen James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tietjen James R $64,807
Open Tietjen James R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $525,000 -16.0% $218 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $625,000 -- $259 / 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 $15,737 $1,015,300 $548,100 $467,200
2024 $15,433 $1,015,300 $548,100 $467,200
2023 $12,935 $632,500 $371,500 $261,000
2022 $12,701 $632,500 $371,500 $261,000
2021 $12,058 $601,400 $371,500 $229,900
2020 $12,058 $601,400 $371,500 $229,900
2019 $11,878 $601,400 $371,500 $229,900
2018 $10,114 $516,000 $371,500 $144,500
2017 $10,145 $516,000 $371,500 $144,500
2016 $13,601 $706,200 $445,400 $260,800
2015 $13,284 $706,200 $445,400 $260,800
2014 $13,065 $706,200 $445,400 $260,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10101799

SmartMLS

APN: OSAY-000032-000056