NOT LISTED FOR SALE

8 Saltus Dr Old Saybrook, CT 06475

Estimated Value: $1,423,000 - $3,570,399

4 Beds
3 Baths
4,800 Sq Ft
$578/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $3,300,000 $688 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $17,185/month

40 Days on Market

Highlights

  • Health Club
  • Property Fronts a Bay or Harbor
  • Sub-Zero Refrigerator
  • Kathleen E. Goodwin School Rated A-
  • Medical Services
  • 1.11 Acre Lot

About This Home

As of May 2015

A very special waterfront property welcomes you with open arms. Set on over an acre of land with 150 feet of water frontage on North Cove, this home begs to be filled with family and friends gathered round the kitchen island, living room fireplace, or four season porch. Special appointments include custom moldings, built-ins, bead board paneling, coffered ceilings, chef's kitchen and stunning baths. The architect designed home has an appealing flexible floor plan with both formal and casual spaces, perfect for large gatherings and intimate affairs. The property enjoys several patios and has been professionally landscaped paying homage to the coastal environment with varieties of hydrangeas, fairy roses, sea grasses and boxwoods. A full service permitted deep water dock for vessels up to 35 feet and its tender allows for leisurely sunset cruises, fishing at dawn or simply a relaxing sail on a sunny afternoon. Yachtsmen throughout the North East recognize the Cove as a harbor of refuge for its protected location and easy access to Long Island Sound. This home offers the best of shoreline living, just a short stroll to the yacht club, theater, shops and restaurants of one Connecticut's best loved towns.

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 02/03/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Lara Luciani

William Raveis Real Estate License #RES.0766121

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,401

Year Built

  • Built in 2001

Lot Details

  • 1.11 Acre Lot
  • Property Fronts a Bay or Harbor
  • River Front
  • Stone Wall
  • Level Lot
  • Garden

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Entrance Foyer
  • Bonus Room
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Partially Finished Attic

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Property is near golf course, public transit, and shops

Schools

  • Goodwin Elementary School
  • Old Saybrook Middle School
  • Old Saybrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Putting Green

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,401

Year Built

Built in 2001

Lot Details

1.11 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 4800
  • Year Built: 2001
  • Nearby Amenities: Commuter Bus, Golf Course, Health Club, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • In Law Access: Possible
  • Association Amenities: Putting Green, Health Club, Medical Facilities, Playground/Tot Lot, Tennis Courts
  • In Law Apartment: Possible
  • Easements Right Of Way: AS PER DEED
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: No
  • Directions: Main Street to Sheffield St to Saltus Drive on Left. First house on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Microwave, Range Hood, Subzero, Wall Oven, Washer, Wine Chiller
  • Additional Rooms: Bonus Room, Foyer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Awnings, Garden Area, Grill, Gutters, Patio, Stone Wall, Underground Utilities, Porch-Wrap Around
  • Exterior Siding: Shingle
  • Waterfront Description: Access, Dock or Mooring, Frontage, Harbor, River, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Old Saybrook

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.1100
  • Lot Description: Level Lot, Water View, Professionally Landscaped
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 21401
  • Assessor Parcel Number: 2244987

MLS Schools

  • Elementary School: Goodwin
  • High School: Old Saybrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
May 29, 2015
Sold by
Dean Robert S and Dean Lisa L
Bought by
Gernhardt Greg and Gernhardt Alice
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Lara Luciani
William Raveis Real Estate
List Price
$3,650,000
Sold Price
$3,300,000
Premium/Discount to List
-$350,000
-9.59%
Current Estimated Value
$2,772,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$527,867
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Lombardi Robert J
Bought by
Dean Robert S and Dean Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gernhardt Greg $3,300,000 --
Gernhardt Greg $3,300,000 --
Dean Robert S $395,000 --
Dean Robert S $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Robert S $200,000
Previous Owner Dean Robert S $550,000
Previous Owner Dean Robert S $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $3,300,000 -9.6% $688 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $3,650,000 -- $760 / Sq Ft
Source: SmartMLS

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 $31,240 $2,015,500 $1,145,600 $869,900
2024 $30,636 $2,015,500 $1,145,600 $869,900
2023 $25,405 $1,242,300 $734,800 $507,500
2022 $24,945 $1,242,300 $734,800 $507,500
2021 $24,908 $1,242,300 $734,800 $507,500
2020 $24,908 $1,242,300 $734,800 $507,500
2019 $24,535 $1,242,300 $734,800 $507,500
2018 $22,673 $1,156,800 $535,000 $621,800
2017 $22,743 $1,156,800 $535,000 $621,800
2016 $22,280 $1,156,800 $535,000 $621,800
2015 $21,759 $1,156,800 $535,000 $621,800
2014 $21,401 $1,156,800 $535,000 $621,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10019796

SmartMLS

APN: OSAY-000031-000001-000003

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