NOT LISTED FOR SALE

7 Laurel Way Old Saybrook, CT 06475

Estimated Value: $802,000 - $915,060

4 Beds
2.5 Baths
2,452 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $455,000 $186 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,331/month

135 Days on Market

Highlights

  • 2.3 Acre Lot
  • Colonial Architecture
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • 2 Fireplaces

About This Home

As of August 2016

WELCOME TO GREAT OTTER COVE. OVER TWO ACRES OF LAND WITH THIS EXPANDED COLONIAL. ENJOY NEIGHBORHOOD WALKING TRAILS AND ACCESS TO THE CONNECTICUT RIVER. FOUR BEDROOMS, TWO AND ONE HALF BATHS WITH LARGE LIVING ROOM WITH BRICK FIREPLACE, FORMAL DINING ROOM, FAMILY ROOM WITH 2ND FIREPLACE AND SLIDER TO DECK. EAT IN KITCHEN WITH ISLAND AND CHERRY CABINETS, LARGE MUD ROOM THAT CAN ACCOMMODATE A WASHER AND DRYER, AND OFFICE/DEN ALL ON THE FIRST FLOOR. MASTER BEDROOM WITH BATH, HALL BATH AND THREE LARGE BEDROOMS ON UPPER LEVEL. BEAUTIFUL HARDWOOD FLOORS THROUGHOUT. NEW ROOF HAS BEEN COMPLETED! CONVENIENT TO SCHOOLS, BEACHES, MARINAS, SHOPPING, I-95, RT. 9 AND RAILROAD STATION. "TENDER ALL OFFERS VIA E-MAIL TO offers@movingstation.com" AND COPY jkelly@wpsir.com.

Last Agent to Sell the Property

Joseph Kelly

William Pitt Sotheby's Int'l License #RES.0767007 Listed on: 02/09/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Sharon Linder

Berkshire Hathaway NE Prop. License #RES.0800369

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 1965

Lot Details

  • 2.3 Acre Lot
  • Many Trees

Home Design

  • Colonial Architecture
  • Masonry Siding
  • Shingle Siding

Interior Spaces

  • 2,452 Sq Ft Home
  • 2 Fireplaces
  • Mud Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Deck

Community Details

  • Property has a Home Owners Association
  • Association fees include lake/beach access
  • Otter Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,012

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2452
  • Year Built: 1965
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: ESSEX ROAD (RT. 154) TO OTTER COVE DRIVE. TAKE FIRST LEFT ON LAUREL WAY TO #7 ON LEFT.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Sump Pump, Unfinished
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Dishwasher, Electric Range, Range Hood
  • Additional Rooms: Mud Room
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Brick, Shingle
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Extra Insulation

Lot Info

  • Acres: 2.3000
  • Lot Description: Treed
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7012
  • Total Assessed Value: 364100
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 1029442

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Aug 16, 2016
Sold by
Ras Closing Services L
Bought by
Marchaj Noelle B and Marchaj Ian T
Seller's Agent
Joseph Kelly
William Pitt Sotheby's Int'l
Buyer's Agent
Sharon Linder
Berkshire Hathaway NE Prop.
List Price
$499,900
Sold Price
$455,000
Premium/Discount to List
-$44,900
-8.98%
Current Estimated Value
$866,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,015
Avg. Annual Appreciation
7.29%
Original Mortgage
$364,000
Outstanding Balance
$290,430
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,585

Purchase Details

Closed on
Jan 8, 2016
Sold by
Lawrence Gladyce I
Bought by
Ras Closing Services 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 Buyer Sale Price Title Company
Marchaj Noelle B $455,000 --
Ras Closing Services L $391,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ras Closing Services L $364,000
Previous Owner Ras Closing Services L $8,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $455,000 -9.0% $186 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $499,900 -- $204 / 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 $8,665 $559,000 $231,000 $328,000
2024 $8,497 $559,000 $231,000 $328,000
2023 $7,088 $346,600 $140,800 $205,800
2022 $6,960 $346,600 $140,800 $205,800
2021 $6,949 $346,600 $140,800 $205,800
2020 $6,949 $346,600 $140,800 $205,800
2019 $6,845 $346,600 $140,800 $205,800
2018 $7,136 $364,100 $140,800 $223,300
2017 $7,158 $364,100 $140,800 $223,300
2016 $7,013 $364,100 $140,800 $223,300
2015 $6,849 $364,100 $140,800 $223,300
2014 $6,736 $364,100 $140,800 $223,300
Source: Public Records

Agents Affiliated with this Home

  • Joseph Kelly

    Seller's Agent in 2016

    Joseph Kelly

    William Pitt

    (860) 287-1222

    2 in this area

    21 Total Sales

    Joseph Kelly
    Section Image
  • Sharon Linder

    Buyer's Agent in 2016

    Sharon Linder

    Berkshire Hathaway Home Services

    (860) 460-8862

    61 in this area

    136 Total Sales

    Sharon Linder
    Section Image
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Map

Source: SmartMLS

MLS Number: N10108446

SmartMLS

APN: OSAY-000064-000002

Connecticut Middlesex County Old Saybrook 06475

7 Laurel Way, Old Saybrook, CT

This home is located at 7 Laurel Way, Old Saybrook, CT 06475 since 09 February 2016 and is currently estimated at $866,015, approximately $353 per square foot. This property was built in 1965. 7 Laurel Way 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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