$1,225,000
SOLD SEP 6, 2024

7 Wildwood Rd Old Saybrook, CT 06475

3 Beds
3 Baths
2,399 Sq Ft
0.32 Acres

Recently Sold

$511 Per Sq Ft

12% Below List Price

37 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Ranch Style House
  • Kathleen E. Goodwin School Rated A-
  • Deck
  • Attic

About This Home

As of September 2024

Welcome to Cornfield Point! This beautiful 2012 construction home offers one-level living at its finest. This stunning ranch design has a prime location and features 3 bedrooms, 2 car attached garage, 3 full bathrooms and a finished lower level. This beautiful home includes a convenient first-floor bedroom with a dedicated private bath. The main living area boasts 9ft ceilings, an open floor plan, hardwood floors and gas fireplace. The dining room and sitting area, also with hardwood floors, are adjacent to the beautifully appointed custom kitchen with island, coffee bar and pantry. The finished lower level (800 sq ft) features an office, full bath and entertaining area. Step out to the spacious deck and expansive lawn with magnificent marsh and water views. End your day with beautiful sunsets from your back yard. This exceptional property is a rare find in this highly sought-after Cornfield Point Beach community. The association provides a club house, kayak stand, basketball court, boat launch, tennis/pickleball courts and trash pickup for a low annual association fee. The outdoor shower with hot and cold water allows you to rinse off beach sand. The home is NOT in a flood zone.

Last Agent to Sell the Property

Marc Delise

Coldwell Banker Realty License #RES.0758659 Listed on: 07/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Nancy Potts

Coldwell Banker Realty License #RES.0816593

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,775

Year Built

  • Built in 2012

Lot Details

  • 0.32 Acre Lot
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1023087

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, security service, trash pickup

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,775

Year Built

Built in 2012

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: Cornfield Point
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1599
  • Sq Ft Est Heated Below Grade: 800
  • Total Sq Ft: 2399
  • Year Built: 2012
  • New Construction: No/Resale
  • Association Amenities: Basketball Court, Club House, Playground/Tot Lot, Tennis Courts
  • Remarks Public Addendum: Cornfield Point is a golf cart friendly community just a short drive to Fenwick Golf Course. In town you'll find the Katharine Hepburn Cultural Arts Center, fine dining and easy access to NYC and Boston via train or car.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Indianola Drive to Mohican to Wildwood
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Heated, Partially Finished, Full With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Gutters, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water Beach Rights Association Required View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service, Trash Pickup
  • HOA Fees: 509
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.32
  • Lot Description: Water View
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 1023087

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 11775
  • Total Assessed Value: 774700
  • Mil Rate Total: 15.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 5, 2024
Sold by
Frank S Gilchrest Jr T S and Frank Simonelli
Bought by
Krasnow Ret and Krasnow
Seller's Agent
Marc Delise
Coldwell Banker Realty
Buyer's Agent
Nancy Potts
Coldwell Banker Realty
List Price
$1,399,999
Sold Price
$1,225,000
Premium/Discount to List
-$174,999
-12.5%
Total Days on Market
37
Views
100
Current Estimated Value
$1,247,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,992
Avg. Annual Appreciation
0.43%

Purchase Details

Closed on
Dec 22, 2016
Sold by
Gilchrist Frank S and Gilchrest Diane M
Bought by
Gilchrest Frank S and Gilchrest Diane M
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
Deed -- None Available
Warranty Deed $1,225,000 None Available
Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $248,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $160,000 Unknown
Previous Owner $79,000 No Value Available
Previous Owner $10,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $1,225,000 -5.8% $511 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $1,299,900 -7.1% $542 / Sq Ft
07/06/2024 07/06/24 For Sale $1,399,999 -- $584 / 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 $12,045 $777,100 $439,400 $337,700
2024 $11,775 $774,700 $439,400 $335,300
2023 $10,070 $492,400 $270,700 $221,700
2022 $9,887 $492,400 $270,700 $221,700
2021 $9,873 $492,400 $270,700 $221,700
2020 $9,873 $492,400 $270,700 $221,700
2019 $9,725 $492,400 $270,700 $221,700
2018 $9,914 $505,800 $270,700 $235,100
2017 $9,944 $505,800 $270,700 $235,100
2016 $9,742 $505,800 $270,700 $235,100
2015 $9,514 $505,800 $270,700 $235,100
2014 $9,357 $505,800 $270,700 $235,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24028058

SmartMLS

APN: OSAY-000003-000211