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50 Fenwood Drive, Old Saybrook (Knollwood), CT, 06475 | $643,000
First time this charming home is available for sale. Built, owned and cared for by the same family since 1954. Because it's an estate the house is being sold "as-is". There is a partially finished full basement, with a full bath, that could easily turn this into a 3 bedroom or whatever you choose. So many possibilities if you are up for a renovation, the good bones are there. The lot sits out of the flood zone and has the benefit of being on a corner, with expansive views of the neighborhood and the marsh across the street. This home is part of the "Fenwood Assoc. , " it's a short walk to the Assoc. beach with a view of 2 lighthouses. The Fenwick Golf course is just down the road as is Saybrook Point. Marinas abound as Old Saybrook sits at the mouth of the Ct. river as well as having frontage on LI Sound. A perfect area to enjoy Shoreline living in a lovely town. The house is part of the "Fenwood Assoc. " The dues for 50 Fenwood Dr. are $257. 75 per year. All offers should be be submitted no later than 9pm on Monday 12-16-24
Features
- Town: Old Saybrook
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Laundry: Lower Level
- Style: Ranch
- Year Built: 1954
- Garage: 1-car Attached Garage,Paved,Off Street Parking,Driveway
- Heating: Baseboard
- Cooling: None
- Basement: Full,Partially Finished,Full With Hatchway
- Above Grade Approx. Sq. Feet: 1,079
- Below Grade Approx. Sq. Feet: 329
- Acreage: 0.25
- Est. Taxes: $4,913
- Lot Desc: Corner Lot,Dry,Level Lot
- Elem. School: Kathleen E. Goodwin
- Middle School: Per Board of Ed
- High School: Old Saybrook
- Appliances: Electric Cooktop,Electric Range,Refrigerator
- MLS#: 24062449
- Website: https://www.raveis.com
/eprop/24062449/50fenwooddrive_oldsaybrook_ct?source=qrflyer
Listing courtesy of Coldwell Banker Realty
Room Information
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Hardwood Floor | Main |
| Dining Room | Ceiling Fan,Hardwood Floor | Main |
| Kitchen | Vinyl Floor | Main |
| Living Room | Bay/Bow Window,Book Shelves,Built-Ins,Hardwood Floor | Main |
| Primary Bedroom | Hardwood Floor | Main |
| Sun Room | Vinyl Floor | Main |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 10930
203.641.8287
Dave.Beckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance
203.561.0013
Rosemarie.DePasquale@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
50 Fenwood Drive, Old Saybrook (Knollwood), CT, 06475
$643,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Dave Beckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $514,400 | $514,400 | $514,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
| Monthly Tax Payment | $409 | $409 | $409 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,422 | $3,509 | $4,446 |
| Total Monthly Payment | $3,923 | $4,010 | $4,947 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524