NOT LISTED FOR SALE

10-1 Azalea Ln Old Lyme, CT 06371

Estimated Value: $696,000 - $846,000

3 Beds
2.5 Baths
2,622 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $659,900 $252 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,057/month

2 Days on Market

Highlights

  • Spa
  • Cape Cod Architecture
  • Attic
  • Mile Creek School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of October 2022

Welcome to the neighborhood of Peppermint Ridge! This Classic is not your traditional Cape Cod home! This home showcases some of the hallmarks of a Cape, however, the light filled rooms, hardwood floors and 9-foot ceilings give the rooms a lofty feel. The main level features a dine in kitchen, formal dining room, family room with center fireplace (with wood stove insert), sunroom, nook office, and a first floor Primary Bedroom Suite with a large walk-in closet. Keep your furniture! There is plenty of space for that California King! Primary bathroom features radiant in-floor heating, soaking tub and shower. Upstairs there are 2 bedrooms and full bath on the main hallway, towards the back of the second floor there is a great room for either in home office, playroom, or fourth bedroom. Lower level has a roughed in exercise area and is dry with high ceilings making the space perfect for finishing! The lot is one of the best in the neighborhood, abutting acres of association green space, the back yard is very private. The perfect place to enjoy your summertime with an awesome backyard, a new Trex and Azek deck, fire pit and hot tub! A mile from Mile Creek Elementary (k-5), 1-2 miles to town beaches, tennis courts, playgrounds and ball fields. Old Lyme sits equal distance to Boston and New York City, and easy commuting to Hartford.

Last Listed By

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 08/25/2022

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,957

Year Built

  • Built in 2000

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Many Trees
  • Property is zoned RU-40

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Radon Mitigation System

Interior Spaces

  • 2,622 Sq Ft Home
  • 1 Fireplace
  • Home Gym
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Attic Floors

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Spa
  • Deck
  • Enclosed patio or porch

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include snow removal, road maintenance, insurance
  • Peppermint Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,957

Year Built

Built in 2000

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2622
  • Public Record Living Room Sq Ft: 2622
  • Total Sq Ft: 2622
  • Year Built: 2000
  • Nearby Amenities: Basketball Court, Lake, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5862
  • Directions: Browns Lane to Peppermint Ridge, turn on to Azalea, bear left at the cul-de-sac
  • 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: 1
  • Attic Description: Floored
  • Basement Description: Full With Hatchway, Concrete Floor
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Gas Cooktop, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Exercise Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Features: Deck, Hot Tub, Porch-Enclosed
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • 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: Snow Removal, Road Maintenance, Insurance
  • HOA Fees: 850
  • 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
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.8000
  • Lot Description: On Cul-De-Sac, In Subdivision, Level Lot, Treed
  • Zoning: RU-40
  • Property Info: Planned Unit Development

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7957
  • Total Assessed Value: 338600
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 2147017

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
Aug 25, 2022
Closed on
Oct 28, 2022
Sold by
Clark Peter and Clark Dawn
Bought by
Pizzi Gregory and Pizzi Marta
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
John Pizzi
Compass Connecticut, LLC
List Price
$659,900
Sold Price
$659,900
Total Days on Market
2
Views
23
Current Estimated Value
$771,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,447
Avg. Annual Appreciation
6.47%
Original Mortgage
$350,900
Outstanding Balance
$340,066
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,281

Purchase Details

Listed on
Jan 17, 2014
Closed on
Aug 1, 2014
Sold by
Gelven Sandee L
Bought by
Clark Peter and Clark Dawn
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Beth Cote
William Pitt Sotheby's Int'l
List Price
$479,900
Sold Price
$450,000
Premium/Discount to List
-$29,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$352,000
Interest Rate
4.18%
Mortgage Type
New Conventional

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
Pizzi Gregory $659,900 None Available
Clark Peter $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pizzi Gregory J $100,000
Open Pizzi Gregory $350,900
Previous Owner Rupard Barry N $352,000
Previous Owner Rupard Barry N $168,000
Previous Owner Rupard Barry N $150,000
Previous Owner Rupard Barry N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $659,900 0.0% $252 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $659,900 +46.6% $252 / Sq Ft
07/31/2014 07/31/14 Sold $450,000 -6.2% $172 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $479,900 -- $183 / 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 $8,262 $338,600 $101,500 $237,100
2023 $7,957 $338,600 $101,500 $237,100
2022 $7,957 $338,600 $101,500 $237,100
2021 $7,889 $338,600 $101,500 $237,100
2020 $7,856 $338,600 $101,500 $237,100
2019 $7,581 $338,300 $119,900 $218,400
2018 $7,412 $338,300 $119,900 $218,400
2017 $7,358 $338,300 $119,900 $218,400
2016 $7,172 $338,300 $119,900 $218,400
2015 $6,976 $338,300 $119,900 $218,400
2014 $6,846 $348,200 $129,200 $219,000
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170518823

SmartMLS

APN: OLYM-000019-000000-000040-000029