NOT LISTED FOR SALE

878 Saybrook Rd Middletown, CT 06457

Estimated Value: $103,622

0.76 Acre
$136,345 Price per Acre
33,106 Sq Ft Lot

Last Sold October 04, 2023

Last sale price $100,000 $83 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $752/month

197 Days on Market

About This Lot

As of October 2023

Wonderful property with the potential to build your ideal home.Two car garage already located on property, with electrical service. Borders vast area of wooded land that allows views of wildlife. Easy access to Route nine and downtown Middletown with a secluded atmosphere. Close to Middlesex Community College and the beautiful Reservoir Loop hiking trails. This property has an A-2 survey with markers on property corners. Public water and sewer available in road with the potential of having these hook ups brought onto property prior to closing. Take advantage of the federal incentives for geothermal heating on your new build using the pre-existing well.
Seller is a Licensed Real Estate Agent.

Last Listed By

Matt Combe

William Raveis Real Estate License #RES.0809275 Listed on: 02/10/2023

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,499

Year Built

  • 1946

Lot Details

  • 0.76 Acre Lot
  • Cleared Lot
  • Property is zoned R-30

Schools

  • Farm Hill Elementary School
  • Middletown High School

Utilities

  • Private Company Owned Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,499

Year Built

1946

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Randolph to Saybrook Road, first driveway on left after Bartholomew/Saybrook Rd fork
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Street Number Modifier: 878

Exterior Features

  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 150

Utilities

  • Water Source: Public Water In Street, Private Well
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Lot Info

  • Acres: 0.7600
  • Lot Description: Cleared
  • Lot Improvements: Garage(S)
  • Lots Number Of: 1
  • Zoning: R-30

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1499
  • Total Assessed Value: 58410
  • Mil Rate Total: 5.555
  • Tax District Amount: 233
  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Sep 28, 2023
Sold by
Combe Matthew A
Bought by
Cayer Ryan and Cayer Meridith
Seller's Agent
Matt Combe
William Raveis Real Estate
Buyer's Agent
Matt Combe
William Raveis Real Estate
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Total Days on Market
197
Views
407
Current Estimated Value
$103,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,622
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Lemay Ernest A
Bought by
Combe Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 25, 2013
Sold by
Smalley Ila H
Bought by
Lemay Ernest A
Seller's Agent
Shirley Beyor
Weichert,REALTORS-Four Corners
Buyer's Agent
Hillary Santopietro
Coldwell Banker Realty
List Price
$95,000
Sold Price
$60,000
Premium/Discount to List
-$35,000
-36.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$45,000
Interest Rate
4.25%
Mortgage Type
New Conventional

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
Cayer Ryan $100,000 None Available
Combe Matthew A $65,000 --
Lemay Ernest A $60,000 --
Lemay Ernest A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Combe Matthew A $48,750
Previous Owner Lemay Ernest A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $100,000 -16.7% $83 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $120,000 +100.0% $99 / Sq Ft
11/25/2013 11/25/13 Sold $60,000 -36.8% $2 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $95,000 -- $3 / 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 $2,068 $58,410 $48,430 $9,980
2023 $1,963 $58,410 $48,430 $9,980
2022 $1,733 $42,000 $36,200 $5,800
2021 $1,725 $42,000 $36,200 $5,800
2020 $1,722 $42,000 $36,200 $5,800
2019 $1,731 $42,000 $36,200 $5,800
2018 $1,671 $42,000 $36,200 $5,800
2017 $1,438 $37,180 $31,540 $5,640
2016 $1,409 $37,180 $31,540 $5,640
2015 $1,378 $37,180 $31,540 $5,640
2014 $1,377 $37,180 $31,540 $5,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170549258

SmartMLS

APN: MTWN-000048-000000-000080