NOT LISTED FOR SALE

76 Spellman Point Rd East Hampton, CT 06424

Estimated Value: $838,000 - $1,015,000

3 Beds
2.5 Baths
2,438 Sq Ft
$387/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $600,000 $246 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,401/month

277 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of March 2017

Completely renovated lake home on highly desirable Spellman Point. This home has been meticulously rebuilt from top to bottom- it's a whole new house.Year built in town is 1963 but effectively new construction.Original foundation, original first floor framing. Rewired, replumbed, new siding and whole new second floor! Construction done by a Premier Connecticut contractor, and includes the contractor's warranty. This home offers lake views from every room, and 3 full floors of living space including a finished walk out lower level that has yard & dock access. The home sits on a level lot, and includes a garage and ample driveway parking. The renovations include a new roof, new chimney, complete new HVAC system, new bathrooms, windows and a beautiful new kitchen. Hardwood floors throughout, with great design & trendy decor/colors. Don't pass this unique oppurtunity by - it's as close to new contruction on the lake as you can get.

Last Agent to Sell the Property

Margaret Wilcox

William Raveis Real Estate License #RES.0765012 Listed on: 05/12/2016

William Raveis Real Estate

Last Buyer's Agent

Rick Berkenstock

Century 21 AllPoints Realty License #REB.0755624

Century 21 AllPoints Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,034

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,438 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • Memorial Elementary School
  • East Hampton High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,034

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2438
  • Year Built: 2016
  • Nearby Amenities: Lake, Public Rec Facilities
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt 2; CT66 W; Staeth Rd, Lake, Spellman
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial, Partially Finished
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Frontage, Lake, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2000
  • Lot Description: Water View

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7034
  • Assessor Parcel Number: 979930

MLS Schools

  • Elementary School: Memorial
  • High School: East Hampton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Mar 13, 2017
Sold by
Est Corliss Gary L and Corliss Gregory F
Bought by
Rall Michael and Rall Nicole
Seller's Agent
Margaret Wilcox
William Raveis Real Estate
Buyer's Agent
Rick Berkenstock
Century 21 AllPoints Realty
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%
Current Estimated Value
$944,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,605
Avg. Annual Appreciation
5.32%
Original Mortgage
$480,000
Outstanding Balance
$398,263
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$546,342

Purchase Details

Closed on
Dec 16, 2014
Sold by
Loffredo Louis and Loffredo Marcia A
Bought by
Corliss Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2013
Sold by
Loffredo Louis
Bought by
Loffredo Louis and Loffredo Marcia A

Purchase Details

Closed on
Feb 7, 2013
Sold by
Loffredo Marcia A
Bought by
Loffredo Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rall Michael $600,000 --
Rall Michael $600,000 --
Corliss Gary $446,000 --
Corliss Gary $446,000 --
Loffredo Louis -- --
Loffredo Louis -- --
Loffredo Louis -- --
Loffredo Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rall Michael $480,000
Closed Rall Michael $480,000
Previous Owner Corliss Gary $334,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $600,000 -3.2% $246 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $619,900 0.0% $254 / Sq Ft
09/28/2016 09/28/16 Price Changed $619,900 -17.3% $254 / Sq Ft
05/12/2016 05/12/16 For Sale $750,000 -- $308 / 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 $17,126 $431,270 $207,970 $223,300
2024 $16,406 $431,270 $207,970 $223,300
2023 $15,552 $431,270 $207,970 $223,300
2022 $14,948 $431,270 $207,970 $223,300
2021 $14,892 $431,270 $207,970 $223,300
2020 $13,755 $415,050 $201,260 $213,790
2019 $12,830 $387,140 $184,490 $202,650
2018 $12,125 $387,140 $184,490 $202,650
2017 $8,202 $261,890 $184,490 $77,400
2016 $7,710 $261,890 $184,490 $77,400
2015 $6,637 $238,930 $157,850 $81,080
2014 $5,775 $238,930 $157,850 $81,080
Source: Public Records

Agents Affiliated with this Home

  • Margaret Wilcox

    Seller's Agent in 2017

    Margaret Wilcox

    William Raveis Real Estate

    (860) 916-3517

    24 in this area

    495 Total Sales

    Margaret Wilcox
    Section Image
  • Rick Berkenstock

    Buyer's Agent in 2017

    Rick Berkenstock

    Century 21 AllPoints Realty

    (860) 930-3469

    42 in this area

    122 Total Sales

    Rick Berkenstock
    Section Image
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Map

Source: SmartMLS

MLS Number: G10130756

SmartMLS

APN: EHAM-000009A-000070-000006

Connecticut Middlesex County East Hampton 06424

76 Spellman Point Rd, East Hampton, CT

Not Listed for Sale

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