$2,220,000
SOLD NOV 3, 2022

7 Cove Landing Old Saybrook, CT 06475

4 Beds
3.5 Baths
4,685 Sq Ft
0.86 Acres

Recently Sold

$474 Per Sq Ft

23% Above List Price

6 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • Waterfront
  • Open Floorplan
  • Kathleen E. Goodwin School Rated A-
  • 0.86 Acre Lot
  • Colonial Architecture

About This Home

As of November 2022

Absolute serenity is what you feel in this waterfront home on South Cove in Old Saybrook. On a private road it is very quiet. Just over 4600 square foot in size, each room in this home is well appointed maximizing the water views. South Cove and beyond into the Long Island Sound and the peninsula of Fenwick can be seen. Great open floor plan, game room, large living room to cozy up and watch movies, large office, screened in side porch, master bedroom with fabulous views. Outside, a low maintenance new deck is great for outdoor gatherings, the side yard has just been fenced in to keep little ones or dogs safe. Great location walk to town, to the Long Island Sound or the Connecticut River. This is a must see home!

Last Agent to Sell the Property

Tina Rupp

William Pitt Sotheby's Int'l License #RES.0799372 Listed on: 09/08/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tina Rupp

William Pitt Sotheby's Int'l License #RES.0799372 Listed on: 09/08/2022

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,642

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned AA-2

HOA Fees

  • $58 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,685 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 2 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Bonus Room
  • Heated Enclosed Porch
  • Home Gym
  • Water Views
  • Walkup Attic
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Underground Utilities
  • Power Generator
  • 60 Gallon+ Electric Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include snow removal, road maintenance, insurance

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,642

Year Built

Built in 1987

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4685
  • Public Record Living Room Sq Ft: 4685
  • Total Sq Ft: 4685
  • Year Built: 1987
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Putting Green, Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7640
  • Directions: Main St, take right onto Maple Ave, left onto Cove Landing go all the way to the end through "private road" sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Central Vacuum, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Bonus Room, Exercise Room, Foyer, Laundry Room, Mud Room, Sitting Room
  • Laundry Room Location: Second floor
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Porch, Porch-Enclosed, Porch-Heated, Porch-Screened, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 80 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance, Insurance
  • HOA Fees: 700
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

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

Green Features

  • Energy Features: Generator, Programmable Thermostat, Storm Windows

Lot Info

  • Acres: 0.8600
  • Lot Description: On Cul-De-Sac, In Flood Zone, Water View, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: AA-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 16642
  • Total Assessed Value: 828800
  • Mil Rate Base: 20.080
  • Mil Rate Total: 20.080
  • Assessor Parcel Number: 1024704

MLS Schools

  • Elementary School: Kathleen E. Goodwin
  • Middle Jr High School: Old Saybrook
  • 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
$2,691,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,441
Avg. Annual Appreciation
1.77%

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

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 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: 170521352

SmartMLS

APN: OSAY-000016-000062-000004