NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,106,000

3 Beds
1.5 Baths
1,544 Sq Ft
$678/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $625,000 $405 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,400/month

25 Days on Market

Highlights

  • Waterfront
  • 1.17 Acre Lot
  • Cape Cod Architecture
  • Kathleen E. Goodwin School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of June 2020

Waterfront in downtown location steps to Saybrook Point Resort and Marina!!! Direct waterfront on South Cove - panoramic 270 degree views! Kayak from your own back yard to the LIS! Well maintained, good condition - 1975 built , New roof as of 2/2020 !!! Contemporary Cape privately situated on lovely landscaped yard steps to downtown amenities and Saybrook Point. Large first floor den with fireplace could easily be converted to a first floor master. See through fireplace in updated kitchen with large eat in area. Great-room overlooks South Cove taking in a marvelous view with sliding doors opening to waterfront deck area. Master-suite with balcony facing cove and two additional upper level bedrooms. New owners will love the spacious attached two car garage. Great opportunity.

Last Agent to Sell the Property

Joel Lucas

Coldwell Banker Realty License #RES.0771226 Listed on: 05/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Jane Cardarelli

William Raveis Real Estate License #RES.0776657

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,126

Year Built

  • Built in 1975

Lot Details

  • 1.17 Acre Lot
  • Waterfront
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Storm Windows
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,126

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Contemporary
  • Sq Ft Est Heated Above Grade: 1544
  • Public Record Living Room Sq Ft: 1544
  • Total Sq Ft: 1544
  • Year Built: 1975
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2580
  • Directions: Rt1 to Main St. a little past Reed Ct to next Street - Dana Dr on right. House is at very end, on the right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Crawl Space
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 1.1700
  • Lot Description: Open Lot, Water View, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: Residential

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9126
  • Total Assessed Value: 462100
  • Mil Rate Base: 19.750
  • Mil Rate Total: 19.750
  • Assessor Parcel Number: 1026002

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Penney Keith E and Penney Angela M
Bought by
Keith Edward Penney Relt and Keith Penney
Current Estimated Value
$1,046,835

Purchase Details

Listed on
May 31, 2020
Closed on
Jun 26, 2020
Sold by
Nancy W Mcguinness T
Bought by
Penney Keith E and Penney Angela M
Seller's Agent
Joel Lucas
Coldwell Banker Realty
Buyer's Agent
Jane Cardarelli
William Raveis Real Estate
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 17, 2011
Sold by
Mcguinness Tr Francis and Cosgrove Nancy
Bought by
Mcguinness Francis and Cosgrove Nancy
Source: Public Records

Range of Values:

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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
Keith Edward Penney Relt -- None Available
Keith Edward Penney Relt -- None Available
Penney Keith E -- None Available
Penney Keith E -- None Available
Mcguinness Francis -- --
Mcguinness Francis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penney Keith E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $625,000 -2.2% $405 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $639,000 -- $414 / 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 $10,196 $657,800 $438,700 $219,100
2024 $9,999 $657,800 $438,700 $219,100
2023 $9,448 $462,000 $297,400 $164,600
2022 $9,277 $462,000 $297,400 $164,600
2021 $9,263 $462,000 $297,400 $164,600
2020 $9,263 $462,000 $297,400 $164,600
2019 $9,126 $462,100 $297,500 $164,600
2018 $7,387 $376,900 $223,500 $153,400
2017 $7,410 $376,900 $223,500 $153,400
2016 $7,259 $376,900 $223,500 $153,400
2015 $7,089 $376,900 $223,500 $153,400
2014 $6,973 $376,900 $223,500 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170300610

SmartMLS

APN: OSAY-000023-000041-000005