NOT LISTED FOR SALE

7 Novelty Ln Essex, CT 06426

Estimated Value: $695,000 - $962,000

3 Beds
1.5 Baths
1,487 Sq Ft
$570/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $700,000 $471 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,234/month

20 Days on Market

Highlights

  • Antique Architecture
  • Attic
  • French Doors
  • Valley Regional High School Rated A-
  • Enclosed Patio or Porch
  • Shed

About This Home

As of October 2023

This much admired home has been in the same family for over 50 years - first time on the market. Amazing location - in the heart of Essex Village on a quieter side street with fantastic water views. This home has been lovingly maintained for decades. Higher ceilings, beautiful woodworking, and amazing enclosed porch to sit and watch the world, the birds, and the boats go by. Three bedrooms, 1 1/2 baths, full basement and walk up attic. Read about the history of this wonderful home in Houses of Essex Vol. II - Frederick Scholes home.

Last Agent to Sell the Property

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430 Listed on: 08/24/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Alex Brigandi

William Pitt Sotheby's Int'l License #RES.0811063

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,634

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Garden
  • Property is zoned WF

Parking

  • 2 Parking Spaces

Home Design

  • Antique Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,487 Sq Ft Home
  • French Doors
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Attic Floors
  • Walkup Attic

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Essex Elementary School
  • Regional District 4 Middle School
  • Regional District 4 High School

Utilities

  • Floor Furnace
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 985054

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,634

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: Essex Village
  • Property Type: Single Family For Sale
  • Style: Antique, Farm House
  • Sq Ft Est Heated Above Grade: 1487
  • Total Sq Ft: 1487
  • Year Built: 1905
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Paddle Tennis, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • Association Amenities: None
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3181
  • Directions: GPS friendly
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1487
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Floored
  • Basement Description: Full, Full With Hatchway
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: In kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: French Doors, Garden Area, Porch-Enclosed, Shed, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: None
  • Total Parking Spaces: 2
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Essex
  • Middle School: Regional District 4
  • High School: Regional District 4
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.11
  • Lot Description: Dry Cleared Water View Level Lot Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: WF
  • Parcel #: 985054

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8634
  • Total Assessed Value: 382200
  • Mil Rate Total: 22.59

MLS Schools

  • Elementary School: Essex
  • Middle Jr High School: Regional District 4
  • High School: Regional District 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 25, 2023
Sold by
Birch Edward C and Birch Marsha D
Bought by
Vanbuiten Christopher P and Vanbuiten Van Buiten
Seller's Agent
Susan Malan
William Pitt Sotheby's Int'l
Buyer's Agent
Alex Brigandi
William Pitt Sotheby's Int'l
List Price
$799,900
Sold Price
$700,000
Premium/Discount to List
-$99,900
-12.49%
Views
401
Current Estimated Value
$828,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,319
Avg. Annual Appreciation
7.64%
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
Vanbuiten Christopher P $700,000 None Available
Vanbuiten Christopher P $700,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $700,000 -10.2% $471 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $779,900 -2.5% $524 / Sq Ft
09/03/2023 09/03/23 For Sale $799,900 -- $538 / 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 $8,393 $450,500 $337,500 $113,000
2024 $8,132 $450,500 $337,500 $113,000
2023 $8,634 $382,200 $315,500 $66,700
2022 $8,657 $382,200 $315,500 $66,700
2021 $2,444 $382,200 $315,500 $66,700
2020 $2,742 $382,200 $315,500 $66,700
2019 $8,275 $382,200 $315,500 $66,700
2018 $8,089 $370,200 $304,600 $65,600
2017 $8,130 $370,200 $304,600 $65,600
2016 $7,989 $370,200 $304,600 $65,600
2015 $7,804 $370,200 $304,600 $65,600
2014 $7,770 $370,200 $304,600 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170589985

SmartMLS

APN: ESSE-000050-000000-000002