$975,000
SOLD SEP 21, 2018

1 Mill Pond Ln Old Lyme, CT 06371

3 Beds
2.5 Baths
2,719 Sq Ft
2 Acres

Recently Sold

$359 Per Sq Ft

9% Below List Price

27 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • 2 Acre Lot
  • Mile Creek School Rated A
  • Home fronts a pond
  • Colonial Architecture

About This Home

As of September 2018

This charming and exquisite three bedroom colonial is set on two pastoral acres overlooking Mill Pond, a vista for Old Lyme Impressionists at the beginning of the last century. The home, built in 1800, retains beautiful original floor boards and three working fireplaces. It was renovated by a master carpenter; a large chefs Kitchen was added and a first floor Master Suite; with marble bathroom, jacuzzi and stall shower, twin basins and extensive built-ins. Also, a large walk-in closet with 20 drawers for storage. Sky lights throughout makes this a warm and sunny home. French doors in the Kitchen, large Living Room and Master Suite lead to stone wrap around patios overlooking the sweeping meadow, the gardens and the pond. Below the Master Suite is a Wagner swimming pool set also in stone; ferns, hydrangeas, lilies, and azaleas surround the pool and create privacy. The Dining Room/Library has a large bay window for comfortable seating. The second floor has a large Guest Room/Study overlooking the meadow; the third Bedroom has four bunk beds and built-ins. The home is on a quiet lane with a cul-de-sac, yet only minutes from shopping, fine dining, art galleries and the Florence Griswold Museum and ten minutes from Amtrak and Metro North railroads.

Last Agent to Sell the Property

Colette Harron

William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 06/15/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Maddy Mattson

Coldwell Banker Realty License #RES.0754327

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,069

Year Built

  • Built in 1800

Lot Details

  • 2 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Garden

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,719 Sq Ft Home
  • 3 Fireplaces
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Concrete Flooring
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • In Ground Pool
  • Patio
  • Rain Gutters

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Oil
  • Bottled Gas Heating
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,069

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 2719
  • Public Record Living Room Sq Ft: 2719
  • Total Sq Ft: 2719
  • Year Built: 1800
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Pool
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5434
  • Directions: Old Lyme to Sill Lane to Mill Pond Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Hatchway Access
  • Interior Amenities: Cable - Pre-wired, Security System
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Sitting Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: French Doors, Garden Area, Gutters, Patio, Stone Wall
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Wood Shingle
  • Waterfront Description: Frontage, Pond, Access, View
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 2.0000
  • Lot Description: On Cul-De-Sac, Water View, Level Lot, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: residential

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 12069
  • Total Assessed Value: 585300
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1552106

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
Jun 15, 2018
Closed on
Sep 21, 2018
Sold by
Gerard J Lawrence
Bought by
Roma Mary and Umberto Peter
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
Maddy Mattson
Coldwell Banker Realty
List Price
$1,070,000
Sold Price
$975,000
Premium/Discount to List
-$95,000
-8.88%
Current Estimated Value
$1,476,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,793
Avg. Annual Appreciation
7.33%
Original Mortgage
$780,000
Interest Rate
4.65%

Purchase Details

Closed on
May 27, 2011
Sold by
Mimi Obstler Ret and Obstler Mimi
Bought by
Obstler Harold and Obstler Mimi
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 Type Sale Price Title Company
Deed $975,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,000 Balloon
Closed $780,000 No Value Available
Closed -- No Value Available
Previous Owner $330,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $975,000 -8.9% $359 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $1,070,000 +33.8% $394 / Sq Ft
07/02/2013 07/02/13 Sold $800,000 +0.6% $294 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
07/31/2012 07/31/12 For Sale $795,000 -- $292 / 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 $16,499 $676,200 $440,000 $236,200
2023 $15,891 $676,200 $440,000 $236,200
2022 $15,891 $676,200 $440,000 $236,200
2021 $15,755 $676,200 $440,000 $236,200
2020 $15,688 $676,200 $440,000 $236,200
2019 $13,117 $585,300 $321,400 $263,900
2018 $12,824 $585,300 $321,400 $263,900
2017 $12,730 $585,300 $321,400 $263,900
2016 $12,408 $585,300 $321,400 $263,900
2015 $12,069 $585,300 $321,400 $263,900
2014 $11,983 $609,500 $321,400 $288,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170093413

SmartMLS

APN: OLYM-000028-000000-000044