NOT LISTED FOR SALE

1 Devitt Rd Old Lyme, CT 06371

Estimated Value: $603,000 - $1,219,092

2 Beds
1.5 Baths
1,120 Sq Ft
$799/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $361,000 $322 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,708/month

15 Days on Market

Highlights

  • River Front
  • 0.91 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of February 2017

Great opportunity to rehab/rebuild this Ranch style waterfront home on Duck Bay in Old Lyme with access to the Connecticut River. Home is in need of repair and probable rebuild. Located close to Old Lyme Village with its shoppes and restaurants and easy access to Interstate 95 for easy commuting. Boathouse included. Views of lighthouse, salt marshes and lovely sunsets. A rare opportunity. See Agent to Agent Remarks.

Last Agent to Sell the Property

Joanne Putnam

DB Associates of CT, LLC License #RES.0752058 Listed on: 01/08/2017

Last Buyer's Agent

Mary McDonald

Coldwell Banker Realty License #RES.0449567

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,435

Year Built

  • Built in 1960

Lot Details

  • 0.91 Acre Lot
  • River Front
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Location

  • Flood Zone Lot

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,435

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1120
  • Year Built: 1960
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 to Exit 70. Take Route 156 (Shore Road) to Noyes Road (Across from McCurdy) to Devitt Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Crawl Space
  • Basement Description: Partial, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Dishwasher, Dryer, Oven/Range, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Access, Dock or Mooring, Frontage, River, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.9096
  • Lot Description: Level Lot, Water View
  • Flood Zone: Yes

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 8435
  • Total Assessed Value: 397900
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1552876

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Rotolo Lindsey L
Bought by
Rotolo Jonathan P and Pizzica-Rotolo Lindsey L
Current Estimated Value
$895,273

Purchase Details

Listed on
Jan 8, 2017
Closed on
Feb 16, 2017
Sold by
Us Bank Na Tr
Bought by
Rotolo Lindsey L
Seller's Agent
Joanne Putnam
DB Associates of CT, LLC
Buyer's Agent
Mary McDonald
Coldwell Banker Realty
List Price
$334,900
Sold Price
$361,000
Premium/Discount to List
$26,100
7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Bland Ann
Bought by
Piscottano Patricia and Arce Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rotolo Jonathan P -- --
Rotolo Jonathan P -- --
Rotolo Lindsey L $361,000 --
Rotolo Lindsey L $361,000 --
Piscottano Patricia $700,000 --
Piscottano Patricia $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piscottano Patricia $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $361,000 +7.8% $322 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $334,900 -- $299 / 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 $11,317 $697,300 $416,800 $280,500
2024 $7,208 $295,400 $292,100 $3,300
2023 $6,942 $295,400 $292,100 $3,300
2022 $8,946 $380,700 $292,100 $88,600
2021 $8,870 $380,700 $292,100 $88,600
2020 $8,832 $380,700 $292,100 $88,600
2019 $8,917 $397,900 $307,400 $90,500
2018 $8,718 $397,900 $307,400 $90,500
2017 $8,654 $397,900 $307,400 $90,500
2016 $8,435 $397,900 $307,400 $90,500
2015 $8,205 $397,900 $307,400 $90,500
2014 $8,063 $410,100 $307,400 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: P10189249

SmartMLS

APN: OLYM-000048-000000-000050