$1,200,000
SOLD DEC 28, 2017

7 Cove Landing Old Saybrook, CT 06475

4 Beds
3.5 Baths
4,697 Sq Ft
0.86 Acres

Recently Sold

$255 Per Sq Ft

14% Below List Price

150 Days on Market

Highlights

  • Water Views
  • Health Club
  • Medical Services
  • Kathleen E. Goodwin School Rated A-
  • Home fronts a sound
  • Sub-Zero Refrigerator

About This Home

As of November 2022

Carefully sited on the tranquil and private lane "Cove Landing", this stunning direct South Cove waterfront is a harmonious blend of contemporary comforts and period details that creates a classic home with a fresh effect. Architect designed and custom built using premium materials and craftsmanship, the residence is highlighted by rooms that flow gracefully into one another and are filled with sun streaming in the large banks of bay windows and walls of glass sliders. With a peaceful seaside presence, it offers casual everyday living on the water where decks, a summer kitchen, a three season porch and sun-room are ideal places to relax and renew. In the cooler months, two fireplaces warm the large open rooms that are appointed with intricate moldings, built-ins, paneling and a spectacular staircase. The chef's kitchen allows all to linger and observe as meals are prepared and dining may be in either the formal dining room or ample eat-in area of the kitchen. On the upper level, the Master Bedroom enjoys vistas out over the Cove to Fenwick and the CT River. Three other guest rooms and a studio can easily accommodate visitors. On the lower level there is a playroom and exercise gym. Launch your kayak, rowing shell or Lazer and enjoy spending time exploring South Cove. A special home in a special enclave in one of America's best towns.

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 06/18/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Steve Wollman

Wollman Realty License #REB.0759100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,884

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Level Lot
  • Garden
  • Property is zoned AA-2

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 4,697 Sq Ft Home
  • Open Floorplan
  • 2 Fireplaces
  • Thermal Windows
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Sub-Zero Refrigerator
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Pboe Elementary And Middle School
  • Old Saybrook High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Cove Landing Subdivision

Amenities

  • Medical Services

Recreation

  • Health Club
  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,884

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4697
  • Public Record Living Room Sq Ft: 4697
  • Total Sq Ft: 4697
  • Year Built: 1987
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Park
  • Association Amenities: Health Club, Medical Facilities, Park, Putting Green
  • Easements Right Of Way: As per Deed
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7687
  • Directions: Main Street to Maple Avenue to Cove Landing in left, past private entrance.. last house on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Cooktop, Wall Oven, Refrigerator, Subzero, Dishwasher, Disposal, Compactor, Washer, Dryer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Garden Area, Grill, Porch, Porch-Enclosed
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, L. I. Sound Frontage, View, Direct Waterfront
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Old Saybrook
  • Intermediate School: PBOE

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.8600
  • Lot Description: On Cul-De-Sac, Water View, Level Lot, Fence - Partial, Professionally Landscaped
  • Zoning: AA-2

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 19884
  • Total Assessed Value: 1032400
  • Mil Rate Total: 19.660
  • Assessor Parcel Number: 1024704

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 28, 2022
Sold by
Baranowski Scott C and Baranowski Pamela G
Bought by
Gardner Laurie and Gardner Brian
Seller's Agent
Tina Rupp
William Pitt Sotheby's Int'l
Buyer's Agent
Tina Rupp
William Pitt Sotheby's Int'l
List Price
$1,799,000
Sold Price
$2,220,000
Premium/Discount to List
$421,000
23.4%
Views
86
Current Estimated Value
$2,552,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,887
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Jun 18, 2017
Closed on
Dec 29, 2017
Sold by
Morin Debra E and Morin John
Bought by
Baranowski Scott C and Baranowski George Pamela
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Steve Wollman
Wollman Realty
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$850,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Navarro Kelly
Bought by
Morin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.84%

Purchase Details

Closed on
Jun 28, 1991
Sold by
Boston Five Cents Svg
Bought by
Navarro Benjamin W and Kerr Kelly L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,220,000 None Available
Warranty Deed $1,200,000 --
Warranty Deed $1,885,000 --
Not Resolvable $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Balloon
Previous Owner $850,000 Purchase Money Mortgage
Previous Owner $185,000 No Value Available
Previous Owner $1,000,000 No Value Available
Previous Owner $365,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $2,220,000 +23.4% $474 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,799,000 +49.9% $384 / Sq Ft
12/28/2017 12/28/17 Sold $1,200,000 -14.0% $255 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,395,000 +16.3% $297 / Sq Ft
08/08/2017 08/08/17 Off Market $1,200,000 -- --
06/18/2017 06/18/17 For Sale $1,395,000 -- $297 / 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 $21,457 $1,384,300 $573,100 $811,200
2024 $21,041 $1,384,300 $573,100 $811,200
2023 $16,949 $828,800 $367,600 $461,200
2022 $16,642 $828,800 $367,600 $461,200
2021 $16,617 $828,800 $367,600 $461,200
2020 $16,617 $828,800 $367,600 $461,200
2019 $16,369 $828,800 $367,600 $461,200
2018 $20,235 $1,032,400 $401,000 $631,400
2017 $20,297 $1,032,400 $401,000 $631,400
2016 $19,884 $1,032,400 $401,000 $631,400
2015 $19,419 $1,032,400 $401,000 $631,400
2014 $19,099 $1,032,400 $401,000 $631,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10230791

SmartMLS

APN: OSAY-000016-000062-000004