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27 Cobb Island Drive

27 Cobb Island Drive, Greenwich, CT 06830
Property in Greenwich
Sold Oct 30, 2020
$3,999,000
$3,199,200 by Hsbc Bank Usa
Mortgage
Sold Jun 04, 2018
$1,750,000
27 Cobb Island Drive has been categorized by the local assessors in Greenwich, CT as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 27 Cobb Island Drive has 5,686 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,260 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 48,787 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 27 Cobb Island Drive sold most recently in Oct 28, 2020 for a total of $3,999,000. If you work out the math, that's approximately a cost of $703.31 per sqft. Before that, the property was also sold for $1,750,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $29,689 in taxes each year. 27 Cobb Island Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,606,590. If we break it down further, the land itself was valued at $999,320. Improvements to the property, however, were assessed at a total of $1,607,270. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,260
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 5,686
  • Gross Building Area: 5,552
  • Building Area: 5,686
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,686
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRACCARO MICHAEL
  • Previous Owner : LAPOINTE THOMAS A
  • Previous Owner 2: DIRKMAAT PAULINE
  • Owner Before Previous Owner: BRETT M LEVY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Greenwich School District
  • School Tax School District: GREENWICH SD
  • Census Tract: 011200

Zoning

  • Zoning: RA-1

Geography

  • Account Number: 369/004
  • Parcel: GREE M:02 B:1731
  • Block: 1731
  • Municipality: GREENWICH
  • Latitude: 41.027
  • Longitude: -73.6014

    Address

  • Full Address: 27 Cobb Island Dr
  • Address - House Number: 27
  • Address - Street Name: Cobb Island
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Greenwich
  • Carrier Code: C050
  • 4-Digit Zip Code: 7244
  • Zip Code: 06830

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,689

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 74
  • Final Value: 4,922,644
  • High Value: 5,857,834
  • Low Value: 3,987,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,199,200
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,199,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,606,590
  • Assessed Land Value: $999,320
  • Assessed Improvements Value: $1,607,270

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11796386759
  • Current Sale Price: $3,999,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9710
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Amount: $1,750,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $3,199,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Fairfield



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Frequently Asked Questions

What neighborhood is 27 Cobb Island Drive located in?
The 27 Cobb Island Drive is a located in the neighborhood of Greenwich in Fairfield, Greenwich.
What is the average sales price for listings in 27 Cobb Island Drive?
The average sales price for units in 27 Cobb Island Drive is $0 currently.

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