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$5,250,000

Beds
4
Baths
3.0
sq ft
2,300

29 Morgan Ln, Salisbury, CT 06068

29 Morgan Ln

Salisbury, CT 06068

  • 144 days on market
    • Price drop $745,000↓
Welcome to: Heron Cove. For the first time on the market in over 60 years, one of the most coveted properties is nothing short of spectacular. At the very end of an unsuspecting private dirt road this home sits proudly overlooking the serene Washining Lake one of the Twin Lakes. The property boasts a 180+ degree, truly one-in-a-life-time-view with 497 feet of water frontage. Walk through the sunny gardens and granite patio teeming with seasonal blooms. Moving inside the house, perhaps the most jaw dropping room is a a bright 4-season sunroom provides the perfect space to watch the world go by. In the living room, a natural stone fireplace grounds the space and an expansive window draws the eye towards yet another awe-inspiring view of the lake. In the main section of the house the wainscoting on the walls and ceilings create an atmosphere that is both chic and moody. A large picture window captures just one of the seemingly infinite views of the lake and Isola Bella Island across the way. Great blue herons and a resident swan are known to pass by, enhancing an already enchanting view. The dining room offers another place to gather with chic basket light fixture accenting the space. For a seamless transition to outdoor dining, a screened in porch off the main dining room is the perfect space for an intimate dinner party overlooking the water. An open concept kitchen flows into a cozy den with a sliding glass door out to a small patio including an outdoor shower.

Details

Property type

Single Family Residence

Est. home value

$2,108,259

Lot size

1.04 acres

Price per sq ft

$2,283

Year built

1920

Annual property taxes

$20,787

Price History

10/07/2024
SmartMLS

SmartMLS #24027766

Price change
$5,250,000
-12.43%
07/02/2024
SmartMLS

SmartMLS #24027766

Listed
$5,995,000

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citibank Na

Loan start date

October 2012

Original loan amount

$1,237,500

Est. remaining balance

$888,568

Interest rate

3.55%

Loan type

Not Provided, 30 year

Seller

Kevin J Mccaffrey and Cara C Mccaffrey

Lender

Citibank Na

Loan start date

October 2012

Original loan amount

$1,237,500

Est. remaining balance

$888,568

Interest rate

3.55%

Loan type

Not Provided, 30 year

Seller

Kevin J Mccaffrey and Cara C Mccaffrey

Lender

Canaan Natl Bank

Loan start date

October 1995

Original loan amount

$250,000

Est. remaining balance

$17,671

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

James P Mccaffrey

Lender

Canaan Natl Bank

Loan start date

October 1995

Original loan amount

$250,000

Est. remaining balance

$17,671

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

James P Mccaffrey

Lender

Canaan Natl Bk

Loan start date

October 1990

Original loan amount

$252,000

Est. remaining balance

Not provided

Interest rate

10.05%

Loan type

Not Provided

Seller

James P Mccaffrey

Lender

Canaan Natl Bk

Loan start date

October 1990

Original loan amount

$252,000

Est. remaining balance

Not provided

Interest rate

10.05%

Loan type

Not Provided

Seller

James P Mccaffrey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 4:10 AM

Listing updated: 10/14/2024 at 4:30 PM

Listed by: Lenore Mallett, William Pitt Sotheby's Int'l Phone #: (203) 209-1777

MLS: SmartMLS #24027766

SmartMLS logo

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