NOT LISTED FOR SALE

1 Columbus Ave Old Lyme, CT 06371

Estimated Value: $528,451 - $641,000

2 Beds
1 Bath
816 Sq Ft
$702/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $500,000 $613 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,468/month

25 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • Community Basketball Court

About This Home

As of May 2023

Welcome to Miami Beach Association in Old Lyme, and its beautiful coastline. This home is year-round, great opportunity for income with AIRBNB opportunities!! It's time to live the dream by the shore, in this community called Miami Beach. This lovely, 2 bedroom/one bath ranch style home offers an open floor plan, with beautiful hardwood floors throughout, completely updated for easy living at the shore. This year-round home sits on an oversize corner lot, that allows for complete privacy, to enjoy your own oasis by the sea. 2023 summer in Old Lyme is ready for you to sit back, to enjoy the Sea, Salt and Sand. No flood insurance- outside of flood zone 2020- new split heating air conditioning system 2020- new hot water heater 2021- updated kitchen and new appliances Quartz countertops Washer/ dryer (new) 2021- new septic pump Outdoor hot/ cold shower Hardwood floors throughout.

Last Agent to Sell the Property

Kathleen Cavasino

RE/MAX on the Bay License #RES.0801892 Listed on: 04/15/2023

RE/MAX on the Bay

Last Buyer's Agent

Laura Cariati

Coldwell Banker Realty License #RES.0816816

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1976

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R10

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • Open Floorplan
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1555305

Community Details

Overview

  • Association fees include security service

Recreation

  • Community Basketball Court
  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,371

Year Built

Built in 1976

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 816
  • Total Sq Ft: 816
  • Year Built: 1976
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Bocci Court, Commuter Bus, Golf Course, Lake
  • Association Amenities: Basketball Court, Bocci Court
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 816
  • Directions: GPS is best! Corner of Rte 156 and Columbus Ave
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 816
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Crawl Space, Concrete Floor, Sump Pump
  • Interior Amenities: Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Gutters, Patio, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community Beach Beach Rights Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Gravel
  • Garage And Parking: Unpaved

Utilities

  • Cooling System: Split System
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 30 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Security Service
  • HOA Fees: 550
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Ridge Vents, Storm Doors

Lot Info

  • Acres: 0.29
  • Lot Description: Dry Cleared Corner Lot Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10
  • Parcel #: 1555305

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4371
  • Total Assessed Value: 186000
  • Mil Rate Total: 23.5

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 17, 2023
Sold by
Wagner Thomas and Wagner Patricia A
Bought by
Page Kevin T and Page Candace J
Seller's Agent
Kathleen Cavasino
RE/MAX on the Bay
Buyer's Agent
Laura Cariati
Coldwell Banker Realty
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Total Days on Market
25
Views
52
Current Estimated Value
$572,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,613
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Dec 21, 2022
Sold by
Wagner Patricia A
Bought by
Wagner Thomas and Wagner Patricia A

Purchase Details

Listed on
Jan 11, 2020
Closed on
Jun 25, 2020
Sold by
Swenson Christopher J and Swenson Michelle W
Bought by
Wagner Patricia
Seller's Agent
Aulay Carlson
Shore & Country Real Estate
Buyer's Agent
Elizabeth Carlson
Shore & Country Real Estate
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%
Original Mortgage
$236,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Hoagland Theresa
Bought by
Swenson Christopher and Swenson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,075
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Page Kevin T $500,000 None Available
Wagner Thomas -- None Available
Wagner Patricia $295,000 None Available
Swenson Christopher $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Patricia $236,000
Previous Owner Hoagland Theresa $207,200
Previous Owner Hoagland Theresa $231,075
Previous Owner Hoagland Theresa $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $500,000 +11.1% $613 / Sq Ft
04/22/2023 04/22/23 For Sale $449,900 +52.5% $551 / Sq Ft
06/26/2020 06/26/20 Sold $295,000 -1.5% $362 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/06/2020 04/06/20 Price Changed $299,500 -3.4% $367 / Sq Ft
03/25/2020 03/25/20 For Sale $310,000 0.0% $380 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $310,000 -- $380 / 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
2024 $4,604 $188,700 $118,300 $70,400
2023 $4,371 $186,000 $118,300 $67,700
2022 $4,371 $186,000 $118,300 $67,700
2021 $4,334 $186,000 $118,300 $67,700
2020 $4,190 $180,600 $118,300 $62,300
2019 $4,502 $200,900 $133,100 $67,800
2018 $4,402 $200,900 $133,100 $67,800
2017 $4,370 $200,900 $133,100 $67,800
2016 $4,259 $200,900 $133,100 $67,800
2015 $4,143 $200,900 $133,100 $67,800
2014 $3,267 $166,200 $91,000 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170562688

SmartMLS

APN: OLYM-000082-000000-000011