NOT LISTED FOR SALE

Estimated Value: $4,051,000 - $6,941,192

5 Beds
8 Baths
8,066 Sq Ft
$703/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $5,250,000 $651 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $39,897/month

278 Days on Market

About This Home

As of September 2020

Virtual Tour Available by Appointment. Sited at the highest point of Sasco Hill - newly constructed home offers unrivaled sweeping views of LI Sound, Southport Harbor and borders the CC of Fairfield (Currently ranked among the Top 200 golf course in the US). Custom home was newly built in 2013 and designed by Mark Finlay. Former home on the site was razed and a new foundation was poured away from Sasco Hill to maximize views. The concept was to maintain a traditional facade while offering a "modern" floor plan preferred by many of todays buyers. Large, open public rooms with 10' ceilings on the first floor all enjoy oversized doors and windows facing the western sky. Full home sound system. Outside is large terrace with outdoor fireplace from which you can see the Manhattan skyline. The walkways have radiant heating for winter. Upstairs, all the ensuite bedrooms have superb views as well. No need to choose your favorite child or relative... On the finished lower level there are also 10+ foot ceilings, fireplace, game room with bar, bedroom and full bath and ample storage. The state of the art mechanicals provide for maximum efficiency. Full house generator with natural gas and sewer connected. Over the 3 car garage is a complete separate apartment with bedroom, full bath, and living room. If you are looking for the best combination of new construction coupled with the one of the most captivating views in New England - look no further than 702 Sasco Hill.

Last Agent to Sell the Property

Elizabeth Tritschler

William Raveis Real Estate License #RES.0774354 Listed on: 07/17/2019

William Raveis Real Estate

Co-Listed By

Al Filippone

William Raveis Real Estate License #REB.0750197

Last Buyer's Agent

Elizabeth Tritschler

William Raveis Real Estate License #RES.0774354 Listed on: 07/17/2019

William Raveis Real Estate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 26, 2020
Sold by
Haas James D and Mcclure Bailey W
Bought by
Mcgrath Brian and Mcgrath Monica
Seller's Agent
Elizabeth Tritschler
William Raveis Real Estate
Buyer's Agent
Elizabeth Tritschler
William Raveis Real Estate
List Price
$6,150,000
Sold Price
$5,250,000
Premium/Discount to List
-$900,000
-14.63%
Current Estimated Value
$5,671,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,731
Avg. Annual Appreciation
2.19%
Original Mortgage
$3,937,500
Outstanding Balance
$3,509,374
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,314,928

Purchase Details

Closed on
Feb 14, 2007
Sold by
Susin Howard B
Bought by
Haas James D and Mcclure Bailey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%

Purchase Details

Closed on
Apr 20, 1992
Sold by
Est Hubball Ora O and Hubball Jeremy J M
Bought by
Ancillary Ora O W
Source: Public Records

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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
Mcgrath Brian $5,250,000 None Available
Mcgrath Brian $5,250,000 None Available
Haas James D $5,100,000 --
Haas James D $5,100,000 --
Ancillary Ora O W $210,000 --
Ancillary Ora O W $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Brian $3,937,500
Closed Mcgrath Brian $3,937,500
Previous Owner Ancillary Ora O W $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $5,250,000 -7.9% $651 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
11/19/2019 11/19/19 Price Changed $5,700,000 -7.3% $707 / Sq Ft
07/17/2019 07/17/19 For Sale $6,150,000 -- $762 / 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
2024 $99,607 $3,570,140 $2,053,450 $1,516,690
2023 $98,215 $3,570,140 $2,053,450 $1,516,690
2022 $97,251 $3,570,140 $2,053,450 $1,516,690
2021 $96,322 $3,570,140 $2,053,450 $1,516,690
2020 $104,983 $3,918,740 $2,225,020 $1,693,720
2019 $44,867 $3,918,740 $2,225,020 $1,693,720
2018 $103,298 $3,918,740 $2,225,020 $1,693,720
2017 $101,182 $3,918,740 $2,225,020 $1,693,720
2016 $99,732 $3,918,740 $2,225,020 $1,693,720
2015 $123,333 $4,975,104 $2,616,810 $2,358,294
2014 $121,393 $4,975,104 $2,616,810 $2,358,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170216740

SmartMLS

APN: FAIR-000232-000000-000301