NOT LISTED FOR SALE

8 Ridge Dr Old Saybrook, CT 06475

Estimated Value: $541,000 - $696,000

3 Beds
3 Baths
2,090 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $275,000 $132 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,692/month

35 Days on Market

Highlights

  • Medical Services
  • 1 Acre Lot
  • Partially Wooded Lot
  • Kathleen E. Goodwin School Rated A-
  • Cape Cod Architecture
  • Finished Attic

About This Home

As of March 2016

Become a member of the Reservoir Neighborhood Association. Private one acre lot on a cul-de-sac street. Hardwood floors throughout the main level. Potential for 2 Master Bedrooms, one on the first floor. The finished second floor could also be a master suite with a full bath and a sitting area or a nice guest room for visiting family and friends.

Last Agent to Sell the Property

Greg Young

Berkshire Hathaway NE Prop. License #REB.0750741 Listed on: 12/05/2015

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Jennifer Gurnell

William Raveis Real Estate License #RES.0002284

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Screened Porch
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Outdoor Features

  • Shed

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance

Amenities

  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1960

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2090
  • Year Built: 1960
  • Nearby Amenities: Library, Medical Facilities
  • Association Amenities: Medical Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 154 to Reservoir to right on Ridge Drive South to #8.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Finished, Walk-up
  • Basement Description: Concrete Floor, Full With Hatchway, Interior Access
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Porch-Screened, Shed
  • Exterior Siding: Shingle, Wood
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance
  • HOA Fees: 250
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

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

Lot Info

  • Acres: 1.0000
  • Lot Description: On Cul-De-Sac, Lightly Wooded
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4443
  • Total Assessed Value: 236200
  • Mil Rate Total: 18.810
  • Assessor Parcel Number: 1028581

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2015
Closed on
Mar 1, 2016
Sold by
Demas Linda
Bought by
Peralta-Vintimilla W E
Seller's Agent
Greg Young
Berkshire Hathaway NE Prop.
Buyer's Agent
Jennifer Gurnell
William Raveis Real Estate
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$610,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,180
Avg. Annual Appreciation
8.62%
Original Mortgage
$265,821
Outstanding Balance
$212,265
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$397,915

Purchase Details

Closed on
Aug 13, 1999
Sold by
Banta Marjory R Est
Bought by
Demas Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Jones Susan K Est
Bought by
Santa Marjory R and Santa Helene B

Purchase Details

Closed on
Mar 19, 1987
Sold by
Ronca Anthony
Bought by
Jones Stephen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.02%
Mortgage Type
Purchase Money Mortgage
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
Peralta-Vintimilla W E $275,000 --
Demas Linda M $235,000 --
Santa Marjory R $225,000 --
Jones Stephen N $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stephen N $265,821
Previous Owner Jones Stephen N $180,000
Previous Owner Jones Stephen N $185,000
Previous Owner Jones Stephen N $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $275,000 -5.1% $132 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $289,900 -- $139 / 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 $5,179 $334,100 $66,000 $268,100
2024 $5,078 $334,100 $66,000 $268,100
2023 $4,863 $237,800 $55,300 $182,500
2022 $4,775 $237,800 $55,300 $182,500
2021 $4,768 $237,800 $55,300 $182,500
2020 $4,768 $237,800 $55,300 $182,500
2019 $4,697 $237,800 $55,300 $182,500
2018 $4,630 $236,200 $52,200 $184,000
2017 $4,644 $236,200 $52,200 $184,000
2016 $4,549 $236,200 $52,200 $184,000
2015 $4,443 $236,200 $52,200 $184,000
2014 $4,370 $236,200 $52,200 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10097701

SmartMLS

APN: OSAY-000052-000087