NOT LISTED FOR SALE

846 Middlesex Turnpike Old Saybrook, CT 06475

Estimated Value: $527,696

3 Beds
2 Baths
1,716 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $330,700 $193 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,428/month

311 Days on Market

Highlights

  • 1.1 Acre Lot
  • Colonial Architecture
  • Attic
  • Kathleen E. Goodwin School Rated A-
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of October 2020

Unique opportunity that includes 3 buildings with rental income. This property sits on approximately 1.10 acres and is located on the Old Saybrook/Essex town line with 220-square-foot street frontage. 1700+ sq ft Main House with hardwood throughout needing some TLC has 3 bedrooms & 1.1 baths with new boiler and other mechanical updates. Separate 1248 sq ft outbuilding/workshop with 1 car garage has potential for home office or great space for your hobbies and other creative ventures. Additional 1200 sq ft rent generating retail space with long term tenant. Great work compound potential and an excellent shoreline location easy access to major interstates, town center, rails, restaurants, shopping and beaches.

Last Agent to Sell the Property

Bill Sage

Coldwell Banker Realty License #RES.0771950 Listed on: 12/02/2019

Coldwell Banker Realty

Last Buyer's Agent

Pat Callahan

Coldwell Banker Realty License #RES.0094930

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1940

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Many Trees
  • Garden
  • Property is zoned B-3

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Flat Tile Roof
  • Aluminum Siding

Interior Spaces

  • 1,716 Sq Ft Home
  • 1 Fireplace
  • Workshop
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Location

  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Shared Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,532

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1716
  • Total Sq Ft: 1716
  • Year Built: 1940
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 09/21/2020
  • Directions: Located on Rte 154 close to Old Saybrook/Essex
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer
  • Additional Rooms: Workshop
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 846

Exterior Features

  • Exterior Features: Garden Area
  • Exterior Siding: Aluminum
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle, Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well, Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.1000
  • Lot Description: Level Lot, Lightly Wooded, Treed, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B-3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5532
  • Total Assessed Value: 275900
  • Mil Rate Base: 20.050
  • Mil Rate Total: 20.050
  • Assessor Parcel Number: 1029290

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Oct 20, 2020
Sold by
William J Sullivan Llc
Bought by
Oliveira Antonio
Seller's Agent
Bill Sage
Coldwell Banker Realty
Buyer's Agent
Pat Callahan
Coldwell Banker Realty
List Price
$399,900
Sold Price
$330,700
Premium/Discount to List
-$69,200
-17.3%
Total Days on Market
311
Current Estimated Value
$527,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,996
Avg. Annual Appreciation
10.64%
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2013
Closed on
Nov 8, 2013
Sold by
Endrich Earl and Marino Vincent M
Bought by
William J Sullivan Llc
Seller's Agent
David Genovali
Re/Max Valley Shore
Buyer's Agent
Kevin Kennedy
Kennedy Real Estate Solutions
List Price
$499,900
Sold Price
$370,000
Premium/Discount to List
-$129,900
-25.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%
Source: Public Records

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Range of Values:

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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
Oliveira Antonio $330,700 None Available
William J Sullivan Llc $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Antonio $284,900
Closed Oliveira Antonio $207,570
Closed Oliveira Antonio $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $330,700 0.0% $193 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $330,700 -5.5% $193 / Sq Ft
08/06/2020 08/06/20 Price Changed $350,000 -7.9% $204 / Sq Ft
01/30/2020 01/30/20 Price Changed $379,900 -5.0% $221 / Sq Ft
12/02/2019 12/02/19 For Sale $399,900 0.0% $233 / Sq Ft
07/28/2014 07/28/14 Rented $1,800 +2.9% --
07/28/2014 07/28/14 Under Contract -- -- --
04/28/2014 04/28/14 For Rent $1,750 0.0% --
11/07/2013 11/07/13 Sold $370,000 -26.0% $216 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $499,900 -- $291 / 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
2024 $5,578 $367,000 $138,900 $228,100
2023 $5,697 $278,600 $125,000 $153,600
2022 $5,594 $278,600 $125,000 $153,600
2021 $5,532 $275,900 $125,000 $150,900
2020 $5,532 $275,900 $125,000 $150,900
2019 $5,449 $275,900 $125,000 $150,900
2018 $5,825 $297,200 $109,000 $188,200
2017 $5,843 $297,200 $109,000 $188,200
2016 $5,724 $297,200 $109,000 $188,200
2015 $5,590 $297,200 $109,000 $188,200
2014 $5,498 $297,200 $109,000 $188,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170254866

SmartMLS

APN: OSAY-000063-000005