NOT LISTED FOR SALE

1 Lyme St Old Lyme, CT 06371

Estimated Value: $1,159,503 - $1,407,000

5 Beds
2.5 Baths
4,098 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $850,000 $207 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,897/month

232 Days on Market

Highlights

  • Barn
  • The property is located in a historic district
  • Colonial Architecture
  • Mile Creek School Rated A
  • 2.65 Acre Lot
  • 3-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

As of May 2021

"THE McCURDY HOUSE" under one family ownership for over three hundred years is being offered to the market for the first time. Reputed to be the oldest home at the epicenter of picturesque, historic Old Lyme Village, the property is located on what is now known as "Church Corner". Steeped in history, available archives show that our Founding Fathers, notably George Washington and the Marquis de Lafayette as house guests. This very handsome 12 room, 5 bedroom 17th century colonial residence and its impressive large antique red barn sit on 2.65, tranquil, beautifully landscaped acres, with the potential of creating a pleasing sub-divided building lot. As expected, the home offers some wonderful and rare details, such as breathtaking "Tombstone" paneling in several public rooms, ornate period glass panels in exterior doors and window panes, as well as 8 very welcoming original fireplaces. In addition to the main house, a rear duplex apartment with a separate entrance is offered - perfect for in law, au pair, home office or rental quarters. A spacious enclosed screened-in side porch is ideal for lounging and outdoor dining. An elegant and important residence for a buyer requiring property with great provenance and is prepared to invest a little TLC where it is desired and deserved, to complete this magical and so much admired historic residence.

Last Agent to Sell the Property

MJ Derisio

William Pitt Sotheby's Int'l License #RES.0797761 Listed on: 06/30/2020

William Pitt Sotheby's Int'l

Co-Listed By

Roger Parkman

William Pitt Sotheby's Int'l License #RES.0523328

Last Buyer's Agent

Kevin Geysen

William Pitt Sotheby's Int'l License #RES.0791166

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,120

Year Built

  • Built in 1659

Lot Details

  • 2.65 Acre Lot
  • Stone Wall
  • Corner Lot
  • Garden
  • Property is zoned R15

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 4,098 Sq Ft Home
  • 8 Fireplaces
  • Entrance Foyer
  • Workshop
  • Screened Porch
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

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

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit
  • Property is near a golf course
  • The property is located in a historic district

Schools

  • Center Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Farming

  • Barn

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,120

Year Built

Built in 1659

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 4098
  • Public Record Living Room Sq Ft: 4099
  • Total Sq Ft: 4098
  • Year Built: 1659
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Paddle Tennis, Public Transportation, Tennis Courts
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7789
  • Tax Year Updated Dt: 07/20/2020
  • Directions: From I-95 exit 70 to Lyme Street. Property on corner of Lyme Street and McCurdy Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 8
  • Attic Description: Pull-Down Stairs, Access Via Hatch
  • Basement Description: Full With Hatchway, Concrete Floor
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Breezeway, Foyer, Laundry Room, Workshop
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Barn, Garden Area, Patio, Porch-Screened, Shed, Sidewalk, Stone Wall
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Barn
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Center
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 2.6500
  • Lot Description: Historic District, May be Subdividable, Corner Lot
  • Zoning: R15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10120
  • Total Assessed Value: 436200
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1553265

MLS Schools

  • Elementary School: Center
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
May 5, 2021
Sold by
Ames Martha R
Bought by
Pitman Chad C and Currey Athena J
Seller's Agent
MJ Derisio
William Pitt Sotheby's Int'l
Buyer's Agent
Kevin Geysen
William Pitt Sotheby's Int'l
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Current Estimated Value
$1,258,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,376
Avg. Annual Appreciation
9.97%
Original Mortgage
$548,000
Outstanding Balance
$501,870
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$756,506
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
Pitman Chad C $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitman Chad C $548,000
Previous Owner Lyme Academy Apts Llc $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $850,000 -3.3% $207 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
06/30/2020 06/30/20 For Sale $879,000 -- $214 / 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 $10,643 $436,200 $141,000 $295,200
2023 $10,251 $436,200 $141,000 $295,200
2022 $10,251 $436,200 $141,000 $295,200
2021 $10,163 $436,200 $141,000 $295,200
2020 $10,120 $436,200 $141,000 $295,200
2019 $11,068 $493,900 $153,000 $340,900
2018 $10,821 $493,900 $153,000 $340,900
2017 $10,742 $493,900 $153,000 $340,900
2016 $10,471 $493,900 $153,000 $340,900
2015 $10,184 $493,900 $153,000 $340,900
2014 $10,508 $534,500 $153,000 $381,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170307323

SmartMLS

APN: OLYM-000055-000000-000047