NOT LISTED FOR SALE

78 Spellman Point Rd East Hampton, CT 06424

Estimated Value: $947,037 - $1,300,000

3 Beds
3.5 Baths
2,350 Sq Ft
$469/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $681,000 $290 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,324/month

Highlights

  • Lake Front
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Attic
  • No HOA

About This Home

As of October 2017

Beautiful lake side home. Updated and spacious with private dock. Located in Bay Point Community.

Last Agent to Sell the Property

Margaret Wilcox

William Raveis Real Estate License #RES.0765012 Listed on: 10/06/2017

William Raveis Real Estate

Last Buyer's Agent

Margaret Wilcox

William Raveis Real Estate License #RES.0765012 Listed on: 10/06/2017

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,307

Year Built

  • Built in 1991

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R-1S

Home Design

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

Interior Spaces

  • 2,350 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

  • East Hampton High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,307

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2350
  • Public Record Living Room Sq Ft: 2350
  • Total Sq Ft: 2350
  • Year Built: 1991
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5484
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Appliances: Refrigerator
  • Attic: Yes
  • Street Number Modifier: 78

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Lake
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2800
  • Lot Description: On Cul-De-Sac, Level Lot
  • Zoning: R-1S

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 13307
  • Total Assessed Value: 424880
  • Mil Rate Base: 31.320
  • Mil Rate Total: 31.320
  • Assessor Parcel Number: 979170

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Oct 10, 2017
Sold by
Corliss Carol A
Bought by
Howland John P and Howland Joan M
Seller's Agent
Margaret Wilcox
William Raveis Real Estate
Buyer's Agent
Margaret Wilcox
William Raveis Real Estate
List Price
$699,900
Sold Price
$681,000
Premium/Discount to List
-$18,900
-2.7%
Current Estimated Value
$1,101,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,009
Avg. Annual Appreciation
6.28%
Original Mortgage
$417,000
Outstanding Balance
$350,349
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$757,702

Purchase Details

Closed on
Aug 15, 2016
Sold by
Corliss Carol A
Bought by
Carol A Corliss Ret

Purchase Details

Closed on
Jun 5, 2007
Sold by
Loveland Edward and Loveland Jean P
Bought by
Corliss Gary L and Corliss Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.29%
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
Howland John P $681,000 --
Howland John P $681,000 --
Carol A Corliss Ret -- --
Carol A Corliss Ret -- --
Corliss Gary L $770,000 --
Corliss Gary L $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howland John P $417,000
Closed Howland John P $417,000
Previous Owner Corliss Gary L $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $681,000 -2.7% $290 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $699,900 -- $298 / 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 $17,842 $449,310 $295,780 $153,530
2024 $17,092 $449,310 $295,790 $153,520
2023 $16,202 $449,310 $295,790 $153,520
2022 $15,573 $449,300 $295,780 $153,520
2021 $15,514 $449,300 $295,780 $153,520
2020 $14,692 $443,340 $286,240 $157,100
2019 $14,081 $424,880 $262,390 $162,490
2018 $13,307 $424,880 $262,390 $162,490
2017 $13,307 $424,880 $262,390 $162,490
2016 $12,508 $424,880 $262,390 $162,490
2015 $11,177 $402,330 $224,500 $177,830
2014 $9,724 $402,330 $224,500 $177,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170021753

SmartMLS

APN: EHAM-000009A-000070-000005