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16 Half Penny Ln

Old Saybrook, CT 06475

4 bd 3 ba 2,079 sqft Built 1960 Lot 46,609 sqft single_family
Most recent sale
$523,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $523,000 Public Record
Jul 25, 2022 Sold $523,000 SMARTMLS
May 18, 2022 Listed $499,900 MLS #170492382
Mar 23, 2021 Sold $435,000 Public Record
Jan 12, 2021 Price changed $450,000 MLS #170355650
Nov 24, 2020 Listed $475,000 MLS #170355650
Apr 28, 1994 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,100 $89,500 $327,600 $5,078
2023 $152,000 $71,200 $223,200 $4,567
2022 $152,000 $71,200 $223,200 $4,482
2021 $152,000 $71,200 $223,200 $4,475
2020 $152,000 $71,300 $223,300 $4,477
2019 $152,000 $71,300 $223,300 $4,410
2018 $159,200 $66,500 $225,700 $4,424
2017 $159,200 $66,500 $225,700 $4,437
2016 $159,200 $66,500 $225,700 $4,347
2015 $159,200 $66,500 $225,700 $4,245
2013 $200,500 $66,500 $267,000 $4,058
2005 $182,300 $47,900 $230,200 $3,361
2003 $107,500 $47,700 $155,200 $3,348
2001 $107,500 $47,700 $155,200 $3,068

Property facts

Year built
1960
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,079 sqft
Lot size
46,609 sqft
ZIP code
06475
City
Old Saybrook
Street
Half Penny Ln
Coordinates
41.30672, -72.42540

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,119
Gross rental yield
7.16%
Implied cap rate
4.65%
Trend-extrapolated value

Frequently asked questions

When did 16 Half Penny Ln last sell?
16 Half Penny Ln most recently sold on Jul 26, 2022 for $523,000.
What is the current tax assessment for 16 Half Penny Ln?
The most recent total assessment for 16 Half Penny Ln (year 2025) is $327,600 with $5,078 in property tax.
How does 16 Half Penny Ln's assessment compare to its last sale price?
The current assessment is 37.4% below the last sale price of $523,000.
When was 16 Half Penny Ln built?
16 Half Penny Ln was built in 1960.
How does 16 Half Penny Ln compare to others on Half Penny Ln?
We track 4 other properties on Half Penny Ln. Browse the list under "Other properties on Half Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 16 Half Penny Ln?
16 Half Penny Ln is a 4 bed, 3 bath, 2,079 sqft, 46,609 sqft lot single_family.
Is 16 Half Penny Ln a flip candidate?
Yes — 16 Half Penny Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16 Half Penny Ln a tax-appeal candidate?
No — 16 Half Penny Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$679.1K
2026 Q4
$661.1K
ZIP 06475 — Median Price History + Forecast

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