NOT LISTED FOR SALE

8 Rivers Ridge Rd Old Saybrook, CT 06475

Estimated Value: $2,387,715 - $2,922,000

4 Beds
3.5 Baths
4,804 Sq Ft
$548/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,675,000 $349 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $16,422/month

51 Days on Market

Highlights

  • Water Views
  • Health Club
  • Medical Services
  • Kathleen E. Goodwin School Rated A-
  • Home fronts a sound
  • Spa

About This Home

As of June 2017

Rivers Ridge is an incomparable private waterfront enclave overlooking the CT river, with literally endless views extending to Long Island and beyond. This immaculate south-facing home is filled with light. Walls of windows afford a front row seat for eagle watching and views of summer's parade of ships passing to and from Long Island Sound.
Thoughtfully designed, artfully constructed and impressively maintained; this is a multi-generational home with special spaces for everyone. The first floor master suite is just steps from the sunken hot tub on the spacious patio. An open floor plan offers fabulous flow from the kitchen/great room to the dining room and adjacent family room. A back staircase leads to an 18'x21' upstairs family room with kitchenette, 13'x21' bedroom and full bath. An ideal space for guests, in-laws or au pair. The balance of the second level is comprised of two 13'x17' bedrooms, another full bath, 13'x23' sitting area and 19'x22' office. The lower level offers a 30'x36' game room plus 14'x18' exercise room. Custom closet systems and abundant storage areas. Attached three-car garage with work space, plus a detached two-car garage. Just minutes from first-class restaurants, shops, Katharine Hepburn Cultural Arts Center, marinas, yacht clubs and beaches. A luxurious waterfront home in a magical shoreline location, and in perfect move-in ready condition!

Last Agent to Sell the Property

Rick Weiner

William Pitt Sotheby's Int'l License #REB.0717625 Listed on: 03/27/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Amy Kirst

William Pitt Sotheby's Int'l License #RES.0765110

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,089

Year Built

  • Built in 1998

Lot Details

  • 1.8 Acre Lot
  • Home fronts a sound
  • River Front
  • Cul-De-Sac
  • Partially Wooded Lot
  • Garden

HOA Fees

  • $68 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 4,804 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Sitting Room
  • Heated Enclosed Porch
  • Home Gym
  • Water Views

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

  • Home Security System
  • Fire Suppression System

Parking

  • 5 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Spa
  • Patio
  • Terrace
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Cable TV Available

Additional Features

  • Halls are 36 inches wide or more
  • Heating system powered by passive solar

Community Details

Overview

  • Association fees include grounds maintenance, road maintenance, snow removal

Amenities

  • Medical Services

Recreation

  • Health Club
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,089

Year Built

Built in 1998

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 4804
  • Year Built: 1998
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Private School(s), Public Rec Facilities, Shopping/Mall, Tennis Courts
  • In Law Access: Over Garage
  • Association Amenities: Putting Green, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • In Law Apartment: Yes
  • Handicap Features: Hallways 36+ Inches Wide
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt. 1 to River Street. Left on Ragged Rock Road to end past Whisper Cove Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Heated, Liveable Space, Partially Finished, Storage
  • Interior Amenities: Audio System, Central Vacuum, Auto Garage Door Opener, Fire Suppression System, Open Floor Plan, Cable - Pre-wired, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Range Hood, Subzero, Washer
  • Additional Rooms: Exercise Room, Laundry Room, Sitting Room
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Porch-Enclosed, French Doors, Garden Area, Gutters, Porch-Heated, Hot Tub, Outside Storage Area, Patio, Storage Building, Terrace, Underground Utilities
  • Exterior Siding: Clapboard
  • Waterfront Description: Access, Frontage, River, L. I. Sound Frontage, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage
  • Garages Number: 5
  • Driveway Type: Paved, Private

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Road Maintenance, Snow Removal
  • HOA Fees: 68
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Passive Solar, Thermopane Windows

Lot Info

  • Acres: 1.8000
  • Lot Description: On Cul-De-Sac, Lightly Wooded, Water View
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 19089
  • Total Assessed Value: 991100
  • Mil Rate Total: 19.260
  • Assessor Parcel Number: 2244982

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 12, 2017
Sold by
Jacobi Henry C and Jacobi Paula M
Bought by
Donnantuono Francis and Donnantuono Deirdre
Seller's Agent
Rick Weiner
William Pitt Sotheby's Int'l
Buyer's Agent
Amy Kirst
William Pitt Sotheby's Int'l
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Current Estimated Value
$2,633,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,238
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Robert L Day Co Inc
Bought by
Jacobi Henry C and Jacobi Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
7.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donnantuono Francis $1,675,000 --
Jacobi Henry C $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobi Henry C $460,000
Previous Owner Jacobi Henry C $500,000
Previous Owner Jacobi Henry C $500,000
Previous Owner Jacobi Henry C $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,675,000 -9.5% $349 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,850,000 -- $385 / 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 $24,075 $1,553,200 $550,200 $1,003,000
2024 $23,609 $1,553,200 $550,200 $1,003,000
2023 $19,137 $935,800 $373,600 $562,200
2022 $18,791 $935,800 $373,600 $562,200
2021 $18,763 $935,800 $373,600 $562,200
2020 $18,763 $935,800 $373,600 $562,200
2019 $18,482 $935,800 $373,600 $562,200
2018 $19,426 $991,100 $373,600 $617,500
2017 $19,485 $991,100 $373,600 $617,500
2016 $19,089 $991,100 $373,600 $617,500
2015 $18,643 $991,100 $373,600 $617,500
2014 $18,335 $991,100 $373,600 $617,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10206142

SmartMLS

APN: OSAY-000053-000032-000006