NOT LISTED FOR SALE

8 Old Colony Rd Old Saybrook, CT 06475

Estimated Value: $581,000 - $694,000

2 Beds
1.5 Baths
1,344 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $305,000 $227 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,974/month

59 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • 1 Fireplace
  • Kathleen E. Goodwin School Rated A-
  • Attic
  • No HOA

About This Home

As of November 2017

Welcome home to this immaculately maintained and completely turn-key Cape! Move right in and start enjoying your beach rights as part of Cornfield Point Park. Upon entering, this lovely Cape welcomes you with a light, bright, and open interior. The updated kitchen boasts granite countertops, newer stainless steel appliances, and is open concept to the dining area. Gleaming hardwood floors flow from the kitchen and dining area into a spacious living room with a wood-burning stove which can aid in heating the house in the winter months. Completing the first floor is a large and beautifully updated full bath. The two bedrooms are located on the second floor as well as an updated half bath. The back yard is level and fenced-in, great for pets and outdoor entertaining. Enjoy the patio and rinse off after a day at the beach in your outdoor shower. Perfect full time home or weekend get-a-way. Great location as it is 5 minutes to I-95, Route 9, the Old Saybrook Train Station, restaurants, shopping, and many more activities! New WPCA compliant septic!

Last Agent to Sell the Property

Mark Patterson

KW Legacy Partners License #RES.0798089 Listed on: 09/28/2017

Co-Listed By

Katherine Luby

Coldwell Banker Realty License #RES.0800450

Last Buyer's Agent

Eric Radziunas

Coldwell Banker Realty License #RES.0791085

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Patio

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1344
  • Public Record Living Room Sq Ft: 1344
  • Total Sq Ft: 1344
  • Year Built: 1958
  • Remarks Public Addendum: This home is occupied - 24 hour notice for showings
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2544
  • Directions: Maple to Old Colony
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space, Storage Space
  • Basement Description: Full, Unfinished
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: Basement
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Garden Area, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: A

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3525
  • Total Assessed Value: 179300
  • Mil Rate Base: 19.660
  • Mil Rate Total: 19.660
  • Assessor Parcel Number: 1023147

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 30, 2017
Sold by
Leonardo Albert L
Bought by
Lindh Lars B and Lindh Wittenberg-Lindh K
Seller's Agent
Mark Patterson
KW Legacy Partners
Buyer's Agent
Eric Radziunas
Coldwell Banker Realty
List Price
$319,500
Sold Price
$305,000
Premium/Discount to List
-$14,500
-4.54%
Current Estimated Value
$652,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,781
Avg. Annual Appreciation
10.29%
Original Mortgage
$274,500
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 18, 2012
Sold by
Moran Mary D
Bought by
Leonardo Albert L
Seller's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
Buyer's Agent
Cherie Suhie
J.M. REALTY
List Price
$259,000
Sold Price
$248,500
Premium/Discount to List
-$10,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Jan 20, 2005
Sold by
Grace Daniel
Bought by
Moran Mary

Purchase Details

Closed on
Sep 18, 2000
Sold by
Wight David H
Bought by
Grace Daniel R

Purchase Details

Closed on
Feb 28, 1990
Sold by
Kenyon Kim B
Bought by
Wight David H
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
Lindh Lars B $305,000 --
Lindh Lars B $305,000 --
Leonardo Albert L $248,500 --
Moran Mary $285,000 --
Grace Daniel R $149,000 --
Wight David H $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindh Lars B $470,000
Closed Lindh Lars B $232,600
Closed Lindh Lars B $232,600
Closed Wight David H $274,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $305,000 -4.5% $227 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $319,500 +28.6% $238 / Sq Ft
04/17/2012 04/17/12 Sold $248,500 -4.1% $202 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $259,000 -- $211 / 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 $5,011 $323,300 $103,000 $220,300
2024 $4,914 $323,300 $103,000 $220,300
2023 $4,194 $205,100 $73,600 $131,500
2022 $4,118 $205,100 $73,600 $131,500
2021 $4,112 $205,100 $73,600 $131,500
2020 $4,112 $205,100 $73,600 $131,500
2019 $4,051 $205,100 $73,600 $131,500
2018 $3,540 $180,600 $56,200 $124,400
2017 $3,525 $179,300 $56,200 $123,100
2016 $3,453 $179,300 $56,200 $123,100
2015 $3,373 $179,300 $56,200 $123,100
2014 $3,317 $179,300 $56,200 $123,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170016003

SmartMLS

APN: OSAY-000003-000270