NOT LISTED FOR SALE

Estimated Value: $5,647,000 - $7,662,287

5 Beds
8 Baths
8,066 Sq Ft
$802/Sq Ft Est. Value

Last Sold September 01, 2020

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

Est. 23% increase in value since last sale

Current estimated payment $42,616/month

278 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 2 Acre Lot
  • Mill Hill School Rated A
  • Guest House
  • Colonial Architecture

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104,983

Year Built

  • Built in 2013

Lot Details

  • 2 Acre Lot
  • Sprinkler System
  • Property is zoned AAA

Property Views

  • Water
  • Golf Course

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Slate Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • Sound System
  • 4 Fireplaces
  • Awning
  • French Doors
  • Entrance Foyer
  • Home Security System
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Wetlands on Lot
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Additional Homes

  • Guest House

Schools

  • Mill Hill Elementary School
  • Roger Ludlowe Middle School
  • Fairfield Ludlowe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$104,983

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Neighborhood: Sasco
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 6493
  • Sq Ft Est Heated Below Grade: 1573
  • Total Sq Ft: 8066
  • Year Built: 2013
  • In Law Access: Over Garage
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Harbor Rd or Post Rd to Sasco Hill. Past Oldfield Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 8.00
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Fireplaces: 4
  • Basement Description: Full, Partially Finished, Heated, Cooled, Interior Access, Liveable Space
  • Interior Amenities: Audio System, Security System
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Second Floor
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 702

Exterior Features

  • Exterior Features: Awnings, French Doors, Grill, Guest House, Gutters, Lighting, Underground Sprinkler
  • Exterior Siding: Stucco
  • Foundation Type: Concrete
  • Roof Information: Slate
  • Waterfront Description: Water Community, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Masonry, Stucco

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Mill Hill
  • Middle School: Roger Ludlowe
  • High School: Fairfield Ludlowe

Lot Info

  • Acres: 2.0000
  • Lot Description: Some Wetlands, Water View, Golf Course Frontage, Golf Course View, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: AAA

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 104983
  • Total Assessed Value: 3918740
  • Mil Rate Base: 26.790
  • Mil Rate Total: 26.790
  • Assessor Parcel Number: 134697

MLS Schools

  • Elementary School: Mill Hill
  • Middle Jr High School: Roger Ludlowe
  • High School: Fairfield Ludlowe

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
$6,470,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,220,429
Avg. Annual Appreciation
1.54%
Original Mortgage
$3,937,500
Outstanding Balance
$3,484,582
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,187,149

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

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
2025 $101,356 $3,570,140 $2,053,450 $1,516,690
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