NOT LISTED FOR SALE

8 River Edge Rd Old Saybrook, CT 06475

Estimated Value: $842,000 - $977,297

5 Beds
2.5 Baths
3,180 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $705,000 $222 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,683/month

17 Days on Market

Highlights

  • Pool House
  • Waterfront
  • Colonial Architecture
  • Kathleen E. Goodwin School Rated A-
  • 2.7 Acre Lot
  • Partially Wooded Lot

About This Home

As of August 2022

Welcome to 8 River Edge Rd where you are not just buying a home, you are buying a lifestyle! Located in a beautiful spot across the street from the Connecticut River in the highly desirable and prestigious Otter Cove District of Old Saybrook. You will enjoy taking nice walks in this quiet community. This home features a master bedroom ensuite with full bath on the main floor along with 4 additional bedrooms on 2nd floor. Along with seasonal Waterviews, you will enjoy the Sunroom that overlooks the private backyard and inground pool. Convenient to get to RT 9 and I-95 for quick access to Boston and NYC. Enjoy all the wonderful restaurants, beaches, art galleries and shopping the area shoreline communities offer!

Last Agent to Sell the Property

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310 Listed on: 06/17/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rick Allen

William Raveis Real Estate License #RES.0760423

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,944

Year Built

  • Built in 1967

Lot Details

  • 2.7 Acre Lot
  • Waterfront
  • Partially Wooded Lot
  • Property is zoned AA-3

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Walking Distance to Water
  • Breezeway

Schools

  • Old Saybrook High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,944

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Neighborhood: Otter Cove
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2772
  • Public Record Living Room Sq Ft: 2772
  • Sq Ft Est Heated Below Grade: 408
  • Total Sq Ft: 3180
  • Year Built: 1967
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4450
  • Tax Year Updated Dt: 07/13/2022
  • Directions: NOT GPS friendly! Don't turn onto Ayers Point Rd! GPS gets confused! Take RT 154, Turn into Otter Cove Drive (see Otter Cove District” sign) go .7 Mile and veer left at fork on River Edge Rd around bend, home is on right-Sotheby's Sign!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer
  • Additional Rooms: Breezeway
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View, Walk to Water
  • Swimming Pool: Yes
  • Pool: Pool House
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 2.7000
  • Lot Description: Lightly Wooded
  • Zoning: AA-3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7944
  • Mil Rate Base: 20.080
  • Assessor Parcel Number: 1029475

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 25, 2022
Sold by
Vanderbilt Rosemary and Goldie Robert H
Bought by
Britt Dolores E and Britt Mrk A
Seller's Agent
Tony Walstra
William Pitt Sotheby's Int'l
Buyer's Agent
Rick Allen
William Raveis Real Estate
List Price
$775,000
Sold Price
$705,000
Premium/Discount to List
-$70,000
-9.03%
Views
8
Current Estimated Value
$924,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,074
Avg. Annual Appreciation
8.88%
Original Mortgage
$405,000
Outstanding Balance
$383,616
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$540,458

Purchase Details

Closed on
Oct 13, 2009
Sold by
Es Vanderbilt Rosemary and Goldie Robert
Bought by
Goldie Robert

Purchase Details

Closed on
Aug 27, 1985
Bought by
Goldie Robert 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
Britt Dolores E $705,000 None Available
Goldie Robert -- --
Goldie Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britt Dolores E $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $705,000 -9.0% $222 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $775,000 -- $244 / 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 $9,877 $637,200 $232,400 $404,800
2024 $9,685 $637,200 $232,400 $404,800
2023 $8,094 $395,600 $142,200 $253,400
2022 $7,944 $395,600 $142,200 $253,400
2021 $7,932 $395,600 $142,200 $253,400
2020 $7,932 $395,600 $142,200 $253,400
2019 $7,813 $395,600 $142,200 $253,400
2018 $9,065 $462,500 $142,200 $320,300
2017 $9,093 $462,500 $142,200 $320,300
2016 $8,908 $462,500 $142,200 $320,300
2015 $8,700 $462,500 $142,200 $320,300
2014 $8,556 $462,500 $142,200 $320,300
Source: Public Records

Agents Affiliated with this Home

  • Tony Walstra

    Seller's Agent in 2022

    Tony Walstra

    William Pitt

    (860) 460-8825

    3 in this area

    98 Total Sales

    Tony Walstra
    Section Image
  • Rick Allen

    Buyer's Agent in 2022

    Rick Allen

    William Raveis Real Estate

    (860) 575-4200

    20 in this area

    55 Total Sales

    Rick Allen
    Section Image
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Map

Source: SmartMLS

MLS Number: 170501265

SmartMLS

APN: OSAY-000064-000025

Connecticut Middlesex County Old Saybrook 06475

8 River Edge Rd, Old Saybrook, CT

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