NOT LISTED FOR SALE

8 S Cove Ln Essex, CT 06426

Estimated Value: $810,000 - $1,230,026

3 Beds
3 Baths
3,906 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $799,000 $205 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,684/month

3 Days on Market

Highlights

  • River Front
  • Open Floorplan
  • 1 Fireplace
  • Valley Regional High School Rated A-
  • Cape Cod Architecture
  • Bonus Room

About This Home

As of June 2021

Million dollar water views for $839,000. In this beautiful light-filled home, you can watch the sun rise over South Cove on the Connecticut River from almost every room in the house. As you enter the front door, you will enter an expansive great room and kitchen area overlooking the gorgeous view of South Cove. The flow of the open floor plan of the first floor of the house is ideal for entertaining. The first floor also features a dining area, a mud/laundry room, a bedroom/office, a full bath, and a pre-wired media room. There is also a newly remodeled first-floor master suite with a full bathroom and two walk-in closets. Upstairs is another possible master suite with a full bath, plus a large bonus room. A two-zone radiant heat system, dehumidifier, and generator have all been recently installed. Two out of the three bathrooms have been completely remodeled. Deeded water access and view. No flood insurance required. All photographs are from 2017 when property was first put on the market before current tenants moved in.

Last Agent to Sell the Property

Amy Rinehart

William Pitt Sotheby's Int'l License #RES.0806324 Listed on: 03/23/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,097

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • River Front
  • Cul-De-Sac
  • Property is zoned RU

Home Design

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

Interior Spaces

  • 3,906 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • French Doors
  • Mud Room
  • Bonus Room
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • Multiple Entries or Exits
  • Hard or Low Nap Flooring

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property is near shops

Schools

  • Essex Elementary School
  • Winthrop Middle School
  • Valley High School

Utilities

  • Central Air
  • Radiant Heating System
  • Heating System Uses Propane
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Ground
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,097

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Colonial
  • Sq Ft Est Heated Above Grade: 3906
  • Public Record Living Room Sq Ft: 3699
  • Total Sq Ft: 3906
  • Year Built: 1960
  • Nearby Amenities: Library, Medical Facilities, Park, Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: Please respect the waterfront neighbors' private property. Water access for the neighborhood is only between the two white poles at the end of the street.
  • Handicap Features: Hard/Low Nap Floors, Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 7440
  • Tax Year Updated Dt: 03/22/2021
  • Directions: Route 154 to South Cove Lane, right side of street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Bonus Room, Laundry Room, Mud Room
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: French Doors, Porch
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Garages Number: 1
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Essex
  • Middle School: Winthrop
  • High School: Valley

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 0.3600
  • Lot Description: On Cul-De-Sac, Water View
  • Flood Zone: No
  • Zoning: RU

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9097
  • Total Assessed Value: 417100
  • Mil Rate Base: 21.810
  • Mil Rate Total: 21.810
  • Assessor Parcel Number: 986723

MLS Schools

  • Elementary School: Essex
  • Middle Jr High School: Winthrop
  • High School: Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 22, 2021
Sold by
Shiling David J and Shiling Trina R
Bought by
Landino Susan D and Rayter John M
Seller's Agent
Amy Rinehart
William Pitt Sotheby's Int'l
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$839,000
Sold Price
$799,000
Premium/Discount to List
-$40,000
-4.77%
Current Estimated Value
$1,069,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,007
Avg. Annual Appreciation
8.23%
Original Mortgage
$479,400
Outstanding Balance
$436,863
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$675,137

Purchase Details

Closed on
Dec 7, 2016
Sold by
Shiling David J
Bought by
Shiling David J and Shiling Trina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 18, 2013
Closed on
Mar 12, 2014
Sold by
Caras Barclay G and Skahan Sheila L
Bought by
Shiling David J
Seller's Agent
Pamela Jayne
Berkshire Hathaway NE Prop.
Buyer's Agent
Beth Brewer
Compass Connecticut, LLC
List Price
$689,000
Sold Price
$575,000
Premium/Discount to List
-$114,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
May 20, 1997
Sold by
Malcarne Donald L and Malcarne Shirley H
Bought by
Caras Barclay G and Caras Sheila L
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
Landino Susan D $799,000 None Available
Landino Susan D $799,000 None Available
Shiling David J -- --
Shiling David J -- --
Shiling David J -- --
Shiling David J -- --
Caras Barclay G $300,000 --
Caras Barclay G $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landino Susan D $70,000
Open Landino Susan D $479,400
Closed Landino Susan D $479,400
Previous Owner Caras Barclay G $80,000
Previous Owner Caras Barclay G $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $799,000 -4.8% $205 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $839,000 0.0% $215 / Sq Ft
05/20/2018 05/20/18 Rented $3,400 -9.3% --
05/16/2018 05/16/18 Under Contract -- -- --
04/02/2018 04/02/18 For Rent $3,750 0.0% --
03/12/2014 03/12/14 Sold $575,000 -16.5% $147 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $689,000 -- $176 / 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 $10,302 $553,000 $189,100 $363,900
2024 $9,982 $553,000 $189,100 $363,900
2023 $9,422 $417,100 $168,900 $248,200
2022 $9,447 $417,100 $168,900 $248,200
2021 $9,356 $417,100 $168,900 $248,200
2020 $9,097 $417,100 $168,900 $248,200
2019 $9,030 $417,100 $168,900 $248,200
2018 $8,620 $394,500 $176,600 $217,900
2017 $8,663 $394,500 $176,600 $217,900
2016 $8,513 $394,500 $176,600 $217,900
2015 $8,316 $394,500 $176,600 $217,900
2014 $8,281 $394,500 $176,600 $217,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170382655

SmartMLS

APN: ESSE-000074-000000-000008