NOT LISTED FOR SALE

70 Otter Cove Dr Old Saybrook, CT 06475

Estimated Value: $125,091 - $231,000

1.5 Acres
$110,465 Price per Acre
65,340 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $110,000

Est. 51% increase in value since last sale

Current estimated payment $1,029/month

296 Days on Market

Highlights

  • 1.5 Acre Lot
  • Kathleen E. Goodwin School Rated A-
  • Property is near shops

About This Lot

As of February 2024

New price/best deal in Town.Welcome to Old Saybrook/ great opportunity to build your dream home on 1.5 arce parcel /subject lot 36-1 on a map/Stunning location nearby Ferry Point Marsh Wildlife area/Frontage 212' on Otter Cove Dr/ easy access to the major highways/marinas/Old Saybrook beaches/great downtown of Essex and inviting downtown of Old Saybrook/ Call-Show-Build Dream Home

Last Agent to Sell the Property

Barbara Myslinski-Krucko

William Raveis Real Estate License #RES.0755989 Listed on: 08/10/2022

William Raveis Real Estate

Last Buyer's Agent

Barbara Myslinski-Krucko

William Raveis Real Estate License #RES.0755989 Listed on: 08/10/2022

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,309

Lot Details

  • 1.5 Acre Lot
  • Property is zoned AA-1

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 1029347

Property Details

Property Type

Land

Est. Annual Taxes

$1,309

Lot Details

0

Listing Details

  • Neighborhood: Ayer's Point
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Park, Shopping/Mall
  • Association Amenities: None
  • Remarks Public Addendum: some wetlands possibble/no tests done on a property
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: AYERS POINT TO OTTER COVE DR. PROPERTY ON RIGHT
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Street Number Modifier: 70

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 212

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.5
  • Lot Description: In Subdivision Some Wetlands Secluded Lightly Wooded Treed
  • Flood Zone: No
  • Lot Improvements: None
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: AA-1
  • Parcel #: 1029347

Tax Info

  • Property Tax: 1309
  • Total Assessed Value: 64000
  • Mil Rate Total: 20.46

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Jan 29, 2024
Sold by
Alexander Scott D
Bought by
M Ferrara Dev Llc
Seller's Agent
Barbara Myslinski-Krucko
William Raveis Real Estate
Buyer's Agent
Barbara Myslinski-Krucko
William Raveis Real Estate
List Price
$179,000
Sold Price
$110,000
Premium/Discount to List
-$69,000
-38.55%
Views
461
Current Estimated Value
$165,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,697
Avg. Annual Appreciation
28.87%

Purchase Details

Closed on
Jun 12, 2002
Sold by
11 Otter Cove Dr Llc
Bought by
Mccheney Dean and Mccheney Pamela
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M Ferrara Dev Llc $110,000 None Available
M Ferrara Dev Llc $110,000 None Available
Mccheney Dean $20,000 --
Mccheney Dean $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $110,000 -38.5% --
06/28/2023 06/28/23 For Sale $179,000 0.0% --
06/02/2023 06/02/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $179,000 -10.1% --
09/22/2022 09/22/22 Price Changed $199,000 -18.8% --
08/10/2022 08/10/22 For Sale $245,000 -- --
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 $1,507 $97,200 $77,800 $19,400
2024 $1,183 $77,800 $77,800 $0
2023 $1,309 $64,000 $64,000 $0
2022 $1,285 $64,000 $64,000 $0
2021 $1,283 $64,000 $64,000 $0
2020 $1,285 $64,100 $64,100 $0
2019 $1,266 $64,100 $64,100 $0
2018 $1,256 $64,100 $64,100 $0
2017 $1,260 $64,100 $64,100 $0
2016 $1,235 $64,100 $64,100 $0
2015 $1,206 $64,100 $64,100 $0
2014 $1,186 $64,100 $64,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170515778

SmartMLS

APN: OSAY-000063-000036-000001