NOT LISTED FOR SALE

Estimated Value: $824,000 - $1,043,000

4 Beds
1 Bath
1,080 Sq Ft
$870/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $485,000 $449 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,832/month

197 Days on Market

Highlights

  • Beach Front
  • Health Club
  • Medical Services
  • Mile Creek School Rated A
  • Tennis Courts
  • Cape Cod Architecture

About This Home

As of May 2016

LONG ISLAND SOUND WATERFRONT HOME! POINT O WOODS!Enjoy this breathtaking direct waterfront year round home with 45'+- of your own low tide beach, or enjoy Stanhope Ave.'s private beach. (Only for residents on Stanhope Ave.) You even have the private Point O Woods beach to enjoy too. This home has been completely and beautifully remodeled. All you need is the key! Gorgeous new kitchen and bath with quartz counter tops! 3-4 bedrooms. Large trex deck overlooking the water. You can enjoy sun bathing, swimming, kayaking, boating, beaching, fishing, crabbing and so much more. Your little ones will cherish the memories made here. Point O Woods offers tennis courts, playground, beach, marina, pavilion, activities and beach association. Now is the time to bring your check book!No other homes available at this price, in the condition offered at Point O Woods.

Last Agent to Sell the Property

Sandie Terenzi

KW Legacy Partners License #REB.0676635 Listed on: 09/15/2015

KW Legacy Partners

Last Buyer's Agent

Nikki Travag Team

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,285

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Cul-De-Sac

Home Design

  • Cape Cod Architecture
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Handicap Parking
  • Parking Deck
  • Driveway
  • Guest Parking
  • Visitor Parking
  • Open Parking

Outdoor Features

  • Walking Distance to Water
  • Tennis Courts
  • Deck

Location

  • Flood Zone Lot
  • Property is near golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lake/beach access, tennis

Amenities

  • Medical Services

Recreation

  • Health Club
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Putting Green
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,285

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1080
  • Year Built: 1940
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Basketball Court, Putting Green, Guest Parking, Health Club, Medical Facilities, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Handicap Features: Handicap Parking
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: 156 to Point O'Woods. Left on Hill Crest, Left on Oak, Right on Seaview, Left on Stanhope
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Tennis Court
  • Exterior Siding: Cedar, Shake
  • Waterfront Description: Access, Association Required, Beach, Beach Rights, Frontage, Ocean Frontage, L. I. Sound Frontage, View, Walk to Water, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Asphalt, Paved

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Electrical Amperage: 100

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Tennis
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Lot Info

  • Acres: 0.0600
  • Lot Description: On Cul-De-Sac, Water View, Professionally Landscaped
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 10285
  • Assessor Parcel Number: 1556150

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
May 26, 2016
Sold by
Belanger Ronald W and Belanger Jean P
Bought by
Jacobson Matthew K and Jacobson Angela L
Seller's Agent
Sandie Terenzi
KW Legacy Partners
Buyer's Agent
Nikki Travag Team
William Pitt Sotheby's Int'l
List Price
$599,900
Sold Price
$485,000
Premium/Discount to List
-$114,900
-19.15%
Current Estimated Value
$939,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,992
Avg. Annual Appreciation
7.09%
Original Mortgage
$185,000
Outstanding Balance
$82,818
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$857,174

Purchase Details

Closed on
Sep 4, 2013
Sold by
Belanger Vernon W and Belanger Kay F
Bought by
Belanger Ronald W and Belanger Jean P

Purchase Details

Closed on
Jun 6, 2001
Sold by
Boudreau Raymond W and Boudreau Joan S
Bought by
Belanger Vernon W and Belanger Kay F
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
Jacobson Matthew K $485,000 --
Belanger Ronald W $350,000 --
Belanger Vernon W $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belanger Vernon W $185,000
Previous Owner Belanger Vernon W $75,000
Previous Owner Belanger Vernon W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $485,000 -19.2% $449 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $599,900 -- $555 / 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 $11,583 $713,700 $583,700 $130,000
2024 $9,216 $377,700 $300,900 $76,800
2023 $8,876 $377,700 $300,900 $76,800
2022 $8,876 $377,700 $300,900 $76,800
2021 $8,800 $377,700 $300,900 $76,800
2020 $8,763 $377,700 $300,900 $76,800
2019 $10,046 $448,300 $372,500 $75,800
2018 $9,822 $448,300 $372,500 $75,800
2017 $9,751 $448,300 $372,500 $75,800
2016 $9,413 $444,000 $372,500 $71,500
2015 $9,155 $444,000 $372,500 $71,500
2014 $9,806 $498,800 $418,200 $80,600
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: G10079566

SmartMLS

APN: OLYM-000095-000000-000040