NOT LISTED FOR SALE

9 Pettipaug Ave Old Saybrook, CT 06475

Estimated Value: $5,264,000 - $7,492,000

7 Beds
5.5 Baths
7,465 Sq Ft
$884/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $6,575,000 $881 Per Sq Ft

Current estimated payment $41,414/month

19 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • Waterfront
  • Colonial Architecture
  • Kathleen E. Goodwin School Rated A-
  • 0.63 Acre Lot
  • Finished Attic

About This Home

As of May 2024

Welcome to 9 Pettipaug Avenue, a truly exquisite waterfront property in the charming borough of Fenwick, in Old Saybrook, CT. This stunning residence offers panoramic views of the LI Sound and provides an unparalleled level of luxury and comfort. The property has been completely renovated, making sure to preserve the home's historical beauty. The meticulous design emphasizes its commanding beachfront, fabulous indoor-outdoor family entertainment flow and glorious sunrises and sunsets. The main level offers a large gourmet kitchen with custom cabinets, marble countertops and large island, formal dining room w/fireplace, butler's pantry and a living room with fieldstone fireplace and breathtaking water views. The stunning primary ste. w/balcony has a gas fireplace, custom closets and bath. 6 additional bedrooms, and possible in-law suite all provide luxurious accommodations for family and guests. Outside enjoy quiet moments on the stunning screened in porch, and open air wrap-around covered porch which overlooks the beautiful private beach. The outdoor kitchen is perfect for summer entertaining. Enjoy the famed Fenwick 9-hole golf course, tennis and boating. The Katherine Hepburn Theatre, shopping and fine dining are minutes away. Experience the epitome of waterfront living in this remarkable Old Saybrook estate.

Last Agent to Sell the Property

Christine Poppy

Compass Connecticut, LLC License #RES.0798115 Listed on: 04/12/2024

Compass Connecticut, LLC

Last Buyer's Agent

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,887

Year Built

  • Built in 1905

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • Property is zoned AA-2

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Built In Speakers
  • Sound System
  • 5 Fireplaces
  • Entrance Foyer
  • Screened Porch
  • Concrete Flooring
  • Home Security System

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Deck
  • Terrace
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • 60+ Gallon Tank
  • Fuel Tank Located in Ground
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1024011

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,887

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: Fenwick
  • Property Type: Single Family For Sale
  • Style: Colonial, Victorian
  • Sq Ft Est Heated Above Grade: 5585
  • Sq Ft Est Heated Below Grade: 1880
  • Total Sq Ft: 7465
  • Year Built: 1905
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Tennis Courts
  • In Law Access: Upper Level
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Fenwick Ave., Right on Pettipaug Avenue
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Living Area Sq Ft Per Public Record: 5585
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 5
  • Attic Description: Finished, Walk-up
  • Basement Description: Full, Sump Pump, Hatchway Access, Partially Finished, Concrete Floor
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Gas Range, Microwave, Range Hood, Subzero, Icemaker, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Built In Audio
  • Street Number Modifier: 9

Exterior Features

  • Exterior Features: Porch-Wrap Around, Porch-Screened, Porch-Enclosed, Balcony, Grill, Terrace, Porch, Covered Deck
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: L. I. Sound Frontage Beach Walk to Water Association Required View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.63
  • Lot Description: Cleared Professionally Landscaped Water View
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: AA-2
  • Parcel #: 1024011

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 64887
  • Total Assessed Value: 3171400
  • Mil Rate Total: 20.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 20, 2024
Sold by
Janet G Ghio Ret and Ghio
Bought by
Sherry L Cordani Ret and Cordani
Seller's Agent
Christine Poppy
Compass Connecticut, LLC
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$7,000,000
Sold Price
$6,575,000
Premium/Discount to List
-$425,000
-6.07%
Views
92
Current Estimated Value
$6,598,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,966
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Mar 31, 2023
Sold by
9 Pettipaug Llc
Bought by
Janet G Ghio Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,196,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2009
Sold by
Barrett Michael and Barrett Cheryl
Bought by
9 Pettipaug Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.83%

Purchase Details

Closed on
Jun 5, 2009
Sold by
Houghton-Grant Katherine
Bought by
Grant Schuyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.83%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Cuzzocreo Ernest
Bought by
Barrett Michael G and Barrett Cheryl L

Purchase Details

Closed on
Jun 22, 1993
Sold by
Jensen Oliver O
Bought by
Cuzzocieo Ernest
Source: Public Records

Range of Values:

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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
Sherry L Cordani Ret $6,575,000 None Available
Sherry L Cordani Ret $6,575,000 None Available
Janet G Ghio Ret $6,495,000 None Available
Janet G Ghio Ret $6,495,000 None Available
9 Pettipaug Llc $4,000,000 --
Grant Schuyler $1,800,000 --
Barrett Michael G $250,000 --
Barrett Mcihael G $2,300,000 --
9 Pettipaug Llc $4,000,000 --
Barrett Mcihael G $2,300,000 --
Cuzzocieo Ernest $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janet G Ghio Ret $5,196,000
Previous Owner Jensen Oliver O $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $6,575,000 -6.1% $881 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $7,000,000 -- $938 / 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 $66,323 $4,278,900 $2,668,300 $1,610,600
2024 $65,039 $4,278,900 $2,668,300 $1,610,600
2023 $60,667 $2,966,600 $1,648,700 $1,317,900
2022 $59,569 $2,966,600 $1,648,700 $1,317,900
2021 $59,480 $2,966,600 $1,648,700 $1,317,900
2020 $59,480 $2,966,600 $1,648,700 $1,317,900
2019 $58,590 $2,966,600 $1,648,700 $1,317,900
2018 $51,007 $2,602,400 $1,332,400 $1,270,000
2017 $51,163 $2,602,400 $1,332,400 $1,270,000
2016 $50,122 $2,602,400 $1,332,400 $1,270,000
2015 $48,951 $2,602,400 $1,332,400 $1,270,000
2014 $48,144 $2,602,400 $1,332,400 $1,270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24005900

SmartMLS

APN: OSAY-000010-000027