NOT LISTED FOR SALE

1 Swanswood Ln Old Lyme, CT 06371

Estimated Value: $697,000 - $818,000

3 Beds
3.5 Baths
2,977 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $685,000 $230 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,882/month

1 Day on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Wood Burning Stove

About This Home

As of April 2022

Elegant Colonial located at the end of a quiet cul-de-sac. Located in the Chestnut Hills section of Old Lyme, this exquisitely maintained development is one where kids still safely ride their bicycles, families enjoy evening strolls together and a sense of small-town community remains. Enter through the welcoming front foyer showcasing a beautiful turned staircase. Next, look to your right and see gorgeous French doors leading to a formal dining room or a 1st floor office. The first floor living area is made cozy with a beautiful stone fireplace. The kitchen and bump out eating area over-look a lovely private backyard which abuts 8 acres of protected woods. The second floor boasts a master bedroom with bath and walk-in closet. Two more bedrooms plus an office or possibly even a conversion to a fourth bedroom add to the upstairs living space. But there’s more, tall ceilings and rays of sunlight beam into a recently updated bonus room. Tired of carrying laundry upstairs and down? A second-floor laundry room is just down the hall from your bedroom. Not included in the 3000+ square feet is another 1000sf finished walk-out basement, the opportunities for which are abound: In-law suite au pair suite? Man-cave? This space already includes a living room with wood stove, possible bedroom, full bath and exercise room. Walk-out the sliding glass doors to an additional deck & entertaining area, from there walk to your inground pool surrounded by charming landscaping and a shed.

Last Agent to Sell the Property

Debra Thomas

Sette Real Estate LLC License #RES.0783639 Listed on: 01/22/2022

Last Buyer's Agent

Staci Fabian

Coldwell Banker Realty License #RES.0819751

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,218

Year Built

  • Built in 1993

Lot Details

  • 0.79 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Stone Wall
  • Sloped Lot
  • Property is zoned R40

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Radon Mitigation System

Interior Spaces

  • 2,977 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Smart Lights or Controls

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Underground Utilities
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, snow removal, road maintenance
  • Chestnut Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,218

Year Built

Built in 1993

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Neighborhood: Four Mile River
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2977
  • Public Record Living Room Sq Ft: 2977
  • Total Sq Ft: 2977
  • Year Built: 1993
  • Nearby Amenities: Playground/Tot Lot
  • Remarks Public Addendum: Please see full list of updates to this home since 2018 including a brand new central air system installed in 2021. Less than a mile from the beach, this home is centrally located between NY and Boston in a quiet shoreline community.
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Yes
  • Public Record Gross Sq Ft: 5676
  • Directions: Rt 156 to Mile Creek Rd, Right on Chestnut Hill, Left on Swanswood, stay left at "T" and follow to end, when cul-de-sac is reached, gray Colonial on other side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Fully Finished, Unfinished, Interior Access, Walk-out, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Cable - Pre-wired, Open Floor Plan, Security System
  • Appliances: Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Laundry Room Location: Washer/Dryer Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Lighting
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Patio, Porch, Shed, Sidewalk, Stone Wall, Underground Utilities
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Vinyl
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Road Maintenance
  • HOA Fees: 800
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Mile Creek
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Generator, Ridge Vents

Lot Info

  • Acres: 0.7900
  • Lot Description: On Cul-De-Sac, In Subdivision, Borders Open Space, Sloping Lot, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7218
  • Total Assessed Value: 309800
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1553009

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 7, 2022
Sold by
Gibbons Brian J
Bought by
Gibbons Brian J and Dorywalksa Magdalena G
Seller's Agent
Debra Thomas
Sette Real Estate LLC
Buyer's Agent
Staci Fabian
Coldwell Banker Realty
List Price
$659,000
Sold Price
$685,000
Premium/Discount to List
$26,000
3.95%
Current Estimated Value
$756,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,436
Avg. Annual Appreciation
5.22%
Original Mortgage
$536,000
Outstanding Balance
$507,479
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,261

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jul 2, 2018
Sold by
Guillet Michael A and Guillet Melynda
Bought by
Harrington James M
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Debra Thomas
Sette Real Estate LLC
List Price
$479,000
Sold Price
$473,500
Premium/Discount to List
-$5,500
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Oct 8, 1993
Sold by
Old Lyme Dev Corp
Bought by
Gibson Neil W and Gibson Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,370
Interest Rate
6.9%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Gibbons Brian J -- None Available
Gibbons Brian J $685,000 None Available
Harrington James M $473,500 --
Gibson Neil W $289,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Brian J $536,000
Previous Owner Harrington James M $456,000
Previous Owner Gibson Neil W $26,200
Previous Owner Gibson Neil W $188,000
Previous Owner Gibson Neil W $26,000
Previous Owner Gibson Neil W $260,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $685,000 +3.9% $230 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $659,000 +39.2% $221 / Sq Ft
06/25/2018 06/25/18 Sold $473,500 -1.1% $118 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $479,000 +11.4% $119 / Sq Ft
05/29/2013 05/29/13 Sold $430,000 -2.1% $144 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $439,000 -- $147 / 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 $8,407 $518,000 $98,800 $419,200
2024 $7,559 $309,800 $79,700 $230,100
2023 $7,280 $309,800 $79,700 $230,100
2022 $7,280 $309,800 $79,700 $230,100
2021 $7,218 $309,800 $79,700 $230,100
2020 $7,187 $309,800 $79,700 $230,100
2019 $6,687 $298,400 $79,700 $218,700
2018 $6,538 $298,400 $79,700 $218,700
2017 $6,490 $298,400 $79,700 $218,700
2016 $6,326 $298,400 $79,700 $218,700
2015 $6,153 $298,400 $79,700 $218,700
2014 $5,811 $295,600 $79,700 $215,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170464053

SmartMLS

APN: OLYM-000014-000000-000073-000016