NOT LISTED FOR SALE

1 Clarks Ln Old Lyme, CT 06371

Estimated Value: $1,332,000 - $2,166,000

4 Beds
5 Baths
3,316 Sq Ft
$507/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $950,000 $286 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,257/month

4 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • 1.62 Acre Lot
  • Mile Creek School Rated A
  • Sub-Zero Refrigerator
  • Open Floorplan

About This Home

As of September 2018

This stunning contemporary tucked within glorious landscaping and rock outcroppings in Talcott Farms enjoys an open floor plan and beautifully proportioned rooms for easy living. Graced by a dramatic curved stairway and Brazilian cherry floors throughout, the open living/ dining area features an antique mantel, vaulted ceilings and French doors unto a private deck. The new custom kitchen with Hanford cabinetry, Wolf and Subzero appliances, wine cooler, granite countertops, and all the bells and whistles make cooking and entertaining a dream. French doors access the patio with in ground pool for outside enjoyment. A private den, laundry room, and half bath complete the main level. The upper level boasts a luxurious master bedroom suite with new custom bathroom and walk in closet, two additional spacious bedrooms, full bath and a large office with custom cabinetry, full bath, and Palladian window and deck overlooking gardens so lovely you may not want to leave. The lower level family room was updated with wood floors, gas fireplace and custom cabinetry for second office or gathering place. Association tennis and shared dock on the Lieutenant River. This home is a gem.

Last Agent to Sell the Property

Judy Schaaf

Coldwell Banker Realty License #RES.0606540 Listed on: 06/19/2018

Coldwell Banker Realty

Last Buyer's Agent

Terry Kemper

Coldwell Banker Realty License #RES.0766534

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,752

Year Built

  • Built in 1999

Lot Details

  • 1.62 Acre Lot
  • River Front
  • Corner Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU40

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Siding
  • Masonry

Interior Spaces

  • 3,316 Sq Ft Home
  • Open Floorplan
  • Entertainment System
  • Sound System
  • 3 Fireplaces
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Deck
  • Patio

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Radiant Heating System
  • Heating System Uses Propane
  • Private Company Owned Well
  • Fuel Tank Located in Ground

Community Details

Overview

  • Association fees include tennis
  • Talcott Farm Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,752

Year Built

Built in 1999

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3316
  • Public Record Living Room Sq Ft: 3316
  • Total Sq Ft: 3316
  • Year Built: 1999
  • Association Amenities: Tennis Courts
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6485
  • Directions: 156N to Talcott Farm Road. Left through rocks. Clark Lane on your left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Storage Space
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Audio System, Open Floor Plan, Security System
  • Appliances: Oven/Range, Microwave, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Entertainment System, Security System
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Patio
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Walk to Water
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Radiant, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis
  • HOA Fees: 1385
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 1.6200
  • Lot Description: Corner Lot, Lightly Wooded, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 12752
  • Total Assessed Value: 586300
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1551668

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 18, 2018
Sold by
Shinkle John T and Shinkle Csilla B
Bought by
Riccio Arthur R and Tertyshnikova Svetlana
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Terry Kemper
Coldwell Banker Realty
List Price
$898,000
Sold Price
$950,000
Premium/Discount to List
$52,000
5.79%
Current Estimated Value
$1,681,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,309
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Olyme Limited
Bought by
Wilkie Elizabeth

Purchase Details

Closed on
Jan 16, 1997
Sold by
Montanaro Susan F
Bought by
Wilkie David A and Wilkie Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 1994
Sold by
Talcott Whitney A
Bought by
Montanaro Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Riccio Arthur R $950,000 --
Wilkie Elizabeth $1,500,024 --
Wilkie David A $117,000 --
Montanaro Susan P $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montanaro Susan P $538,000
Previous Owner Montanaro Susan P $350,000
Previous Owner Montanaro Susan P $93,600
Previous Owner Montanaro Susan P $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $950,000 +5.8% $286 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $898,000 -- $271 / 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 $15,894 $979,300 $271,000 $708,300
2024 $13,442 $550,900 $192,300 $358,600
2023 $12,946 $550,900 $192,300 $358,600
2022 $12,946 $550,900 $192,300 $358,600
2021 $12,836 $550,900 $192,300 $358,600
2020 $12,781 $550,900 $192,300 $358,600
2019 $13,139 $586,300 $172,500 $413,800
2018 $12,846 $586,300 $172,500 $413,800
2017 $12,752 $586,300 $172,500 $413,800
2016 $12,430 $586,300 $172,500 $413,800
2015 $12,090 $586,300 $172,500 $413,800
2014 $12,160 $618,500 $172,500 $446,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170094721

SmartMLS

APN: OLYM-000021-000000-000027-000014