NOT LISTED FOR SALE

74 River St W Old Saybrook, CT 06475

Estimated Value: $539,456 - $769,000

4 Beds
2 Baths
1,856 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $477,000 $257 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,802/month

4 Days on Market

Highlights

  • River Front
  • Colonial Architecture
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Property is near public transit
  • Wrap Around Porch

About This Home

As of February 2023

Well maintained, solid historic home in a peaceful location with virtually no traffic. House has been legally converted to two apartments, each with two bedrooms and can also easily convert back to a stunning single family house. The home has wood floors throughout and 8.5 Ft ceilings, making it feel very spacious. Both floors have back entrances and covered porches on two sides. The front porch and entry foyer is for the first floor only. The clean dry basement has a shared laundry room and storage space. There is a private large flat yard and plenty of parking. And while it borders a small river, it is high and dry with no flood insurance required. A third floor walk-up attic may offer additional expansion space. The location is ideal - a short walk to the train station, and all the Main street shops and restaurants. This home is perfect for a shared investment, in-law apartment, or just extra income to help with the mortgage and get into your own home. The second floor tenant pays $1350/month, which is under market value. Don't miss this one!

Last Agent to Sell the Property

Rose McWaid

William Raveis Real Estate License #RES.0769263 Listed on: 01/15/2023

William Raveis Real Estate

Co-Listed By

Patrick Braley

William Raveis Real Estate License #RES.0795350

Last Buyer's Agent

Kristina Quinones

William Pitt Sotheby's Int'l License #RES.0804657

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1900

Lot Details

  • 0.49 Acre Lot
  • River Front
  • Level Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • Entrance Foyer
  • Walkup Attic
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Wrap Around Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • Public Transportation

Listing and Financial Details

  • Exclusions: washer and dryer
  • Assessor Parcel Number 1028157

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1856
  • Total Sq Ft: 1856
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Paddle Tennis, Public Transportation, Shopping/Mall
  • In Law Access: Possible
  • Exclusions: washer and dryer
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4180
  • Directions: Route 1 to River St, stay right at fork.
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Living Area Sq Ft Per Public Record: 1856
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Shared Basement
  • Appliances: Electric Range, Refrigerator
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: basement
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 74

Exterior Features

  • Exterior Features: Porch, Porch-Wrap Around
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Gravel
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Steam
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.49
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: A
  • Parcel #: 1028157

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4155
  • Total Assessed Value: 206900
  • Mil Rate Total: 20.08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Feb 24, 2023
Sold by
Phaneuf Marc
Bought by
Phaneuf Nicole
Seller's Agent
Rose McWaid
William Raveis Real Estate
Buyer's Agent
Kristina Quinones
William Pitt Sotheby's Int'l
List Price
$439,000
Sold Price
$477,000
Premium/Discount to List
$38,000
8.66%
Views
117
Current Estimated Value
$623,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,864
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Dec 20, 2019
Sold by
Mead Annabelle
Bought by
Braley Patrick J and Mead Annabelle

Purchase Details

Closed on
Oct 31, 2019
Sold by
Freundlich Larry and Freundlich Brown
Bought by
Mead Annabelle

Purchase Details

Closed on
Jul 31, 2015
Sold by
Stone James
Bought by
Freundlich Jesse B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Phaneuf Nicole -- None Available
Phaneuf Marc $477,000 None Available
Braley Patrick J -- None Available
Mead Annabelle $313,000 --
Freundlich Jesse B $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mead Annabelle $306,023
Previous Owner Freundlich Larry $204,300
Previous Owner Freundlich Larry $215,000
Previous Owner Freundlich Larry $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $477,000 +8.7% $257 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $439,000 -- $237 / 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 $4,920 $317,400 $56,200 $261,200
2024 $4,824 $317,400 $56,200 $261,200
2023 $4,231 $206,900 $51,900 $155,000
2022 $4,155 $206,900 $51,900 $155,000
2021 $4,148 $206,900 $51,900 $155,000
2020 $4,146 $206,800 $51,800 $155,000
2019 $4,084 $206,800 $51,800 $155,000
2018 $4,330 $220,900 $53,400 $167,500
2017 $4,343 $220,900 $53,400 $167,500
2016 $4,255 $220,900 $53,400 $167,500
2015 $4,155 $220,900 $53,400 $167,500
2014 $4,087 $220,900 $53,400 $167,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170543675

SmartMLS

APN: OSAY-000049-000024