Seller's Agent in 2023
Shelly Cumpstone
Coldwell Banker Realty
(860) 391-2747
1 in this area
143 Total Sales
1 Laurel Dr Unit 1 Old Lyme, CT 06371
2
Beds
2.5
Baths
2,064
Sq Ft
$398/mo
HOA Fee
Highlights
- Open Floorplan
- Deck
- End Unit
- Mile Creek School Rated A
- 1 Fireplace
- 1 Car Detached Garage
About This Home
As of November 2023Enjoy living large in this beautiful and desirable end unit! Spacious and open floor plan with gleaming hardwood floors throughout the first and second floor. The lower level finished family room is a walk out with bright windows and slider. The unit is in the far corner of the complex offering you a wooded view and privacy! This is the larger unit with 1584 square feet in the main and 2nd floor with extra windows and light! The lower level adds an additional 480 square feet of living space, and the 1 Car detached garage makes this a great deal! Included in the sale is peace of mind - 1 year home warranty on all major mechanicals, plumbing and appliances.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 04/29/2016
Last Buyer's Agent
Kathleen Murphy
Coldwell Banker Realty License #RES.0752903
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,213
Year Built
- Built in 1986
HOA Fees
- $398 Monthly HOA Fees
Home Design
- Clap Board Siding
Interior Spaces
- 2,064 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Thermal Windows
- Dryer
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 1 Car Detached Garage
- Parking Deck
- Automatic Garage Door Opener
- Driveway
Schools
- Pboe Elementary School
- Lyme-Old Lyme High School
Utilities
- Central Air
- Shared Well
- Electric Water Heater
- Cable TV Available
Additional Features
- Deck
- End Unit
Community Details
Overview
- Association fees include grounds maintenance, insurance, property management, snow removal, trash pickup
- 15 Units
- Laurel Heights Community
- Property managed by Radford
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2023
Closed on
Nov 29, 2023
Sold by
Chapman Burton E Jr Est and Chapman
Bought by
Morrow William L and Morrow Judith H
Seller's Agent
Shelly Cumpstone
Coldwell Banker Realty
Buyer's Agent
Shelly Cumpstone
Coldwell Banker Realty
List Price
$441,870
Sold Price
$423,750
Premium/Discount to List
-$18,120
-4.1%
Views
352
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,958
Avg. Annual Appreciation
6.35%
Original Mortgage
$339,000
Outstanding Balance
$333,790
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,812
Purchase Details
Listed on
Apr 29, 2016
Closed on
Jun 29, 2016
Sold by
Kalish Lester
Bought by
Chapman Burton E and Chapman Diane J
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Kathleen Murphy
Coldwell Banker Realty
List Price
$254,900
Sold Price
$252,500
Premium/Discount to List
-$2,400
-0.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$125,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2008
Sold by
Kneedler Franklin and Kneedler Alexandra
Bought by
Kalish Lester
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,100
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 26, 1994
Sold by
Poole Abram
Bought by
Kneedler Franklin and Kneedler Alexandra W
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $423,750 | None Available | |
| Warranty Deed | $252,500 | -- | |
| Warranty Deed | $297,900 | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $339,000 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $259,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $268,100 | Purchase Money Mortgage | |
| Previous Owner | $141,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $423,750 | -3.5% | $205 / Sq Ft |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 08/08/2023 08/08/23 | Price Changed | $439,000 | -0.6% | $213 / Sq Ft |
| 06/20/2023 06/20/23 | For Sale | $441,870 | +75.0% | $214 / Sq Ft |
| 06/29/2016 06/29/16 | Sold | $252,500 | -0.9% | $122 / Sq Ft |
| 05/09/2016 05/09/16 | Pending | -- | -- | -- |
| 04/29/2016 04/29/16 | For Sale | $254,900 | -- | $123 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,311 | $265,600 | $0 | $265,600 |
| 2024 | $3,843 | $157,500 | $0 | $157,500 |
| 2023 | $3,701 | $157,500 | $0 | $157,500 |
| 2022 | $3,701 | $157,500 | $0 | $157,500 |
| 2021 | $3,670 | $157,500 | $0 | $157,500 |
| 2020 | $3,654 | $157,500 | $0 | $157,500 |
| 2019 | $3,491 | $155,800 | $0 | $155,800 |
| 2018 | $3,414 | $155,800 | $0 | $155,800 |
| 2017 | $3,389 | $155,800 | $0 | $155,800 |
| 2016 | $3,303 | $155,800 | $0 | $155,800 |
| 2015 | $3,213 | $155,800 | $0 | $155,800 |
| 2014 | $3,163 | $160,900 | $0 | $160,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2016
Beth Cote
William Pitt
(860) 460-6901
28 in this area
60 Total Sales
-
K
Buyer's Agent in 2016
Kathleen Murphy
Coldwell Banker Realty
Map
Source: SmartMLS
MLS Number: N10130865
APN: OLYM-000022-000000-000059-000007
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