NOT LISTED FOR SALE

10 Somerset Ln Old Lyme, CT 06371

Estimated Value: $958,000 - $1,082,000

4 Beds
4 Baths
3,344 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $550,000 $164 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,348/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • 4.04 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Open Floorplan
  • 1 Fireplace

About This Home

As of September 2013

Elegant & spectacular custom built home. Sunlight warms every room. Spacious open floor plan, perfect for entertaining. Relax by grand 2 story stone fireplace while you overlook the pool. This private oasis and landscaped yard is a place of relaxation.

Last Agent to Sell the Property

Nancy Birge

Coldwell Banker Realty License #RES.0778470 Listed on: 07/25/2013

Coldwell Banker Realty

Last Buyer's Agent

Amanda Gaudette

William Pitt Sotheby's Int'l License #RES.0784854

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 1998

Lot Details

  • 4.04 Acre Lot
  • Stone Wall

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 3,344 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Outdoor Storage

Schools

  • Boe Elementary School
  • Lolhs High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,189

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Single Family For Sale
  • Total Sq Ft: 3344
  • Year Built: 1998
  • Directions: Rt 156 south, left onto cross lane, left onto mile creek rd, 1st left onto somerset lane. House on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Full With Walk-Out
  • Interior Amenities: Cable - Available, Central Vacuum, Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Features: Patio, Stone Wall, Storage Building, Underground Utilities
  • Exterior Siding: Brick, Vinyl Siding
  • Swimming Pool: Yes
  • Pool: Heated, In Ground Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Boe
  • High School: Lolhs

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 4.0400
  • Lot Description: Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 7189
  • Total Assessed Value: 372500
  • Assessor Parcel Number: 1552915

MLS Schools

  • Elementary School: Boe
  • High School: Lolhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Sep 20, 2013
Sold by
Faustine Kenneth F and Faustine Barbara K
Bought by
Hall Gregory and Hall Erva J
Seller's Agent
Nancy Birge
Coldwell Banker Realty
Buyer's Agent
Amanda Gaudette
William Pitt Sotheby's Int'l
List Price
$579,900
Sold Price
$550,000
Premium/Discount to List
-$29,900
-5.16%
Current Estimated Value
$1,026,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,903
Avg. Annual Appreciation
5.30%
Original Mortgage
$475,875
Outstanding Balance
$355,394
Interest Rate
4.42%
Estimated Equity
$671,509

Purchase Details

Closed on
Feb 13, 1998
Sold by
Mcnamara Michael P and Mcnamara Alice C
Bought by
Austine Kenneth F and Austine Barbara K
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
Hall Gregory $550,000 --
Austine Kenneth F $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austine Kenneth F $475,875
Previous Owner Austine Kenneth F $250,000
Previous Owner Austine Kenneth F $300,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $550,000 -5.2% $164 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $579,900 -- $173 / 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 $10,434 $642,900 $128,500 $514,400
2024 $9,518 $390,100 $101,700 $288,400
2023 $9,167 $390,100 $101,700 $288,400
2022 $9,167 $390,100 $101,700 $288,400
2021 $9,089 $390,100 $101,700 $288,400
2020 $9,050 $390,100 $101,700 $288,400
2019 $8,171 $364,600 $107,100 $257,500
2018 $7,988 $364,600 $107,100 $257,500
2017 $7,930 $364,600 $107,100 $257,500
2016 $7,730 $364,600 $107,100 $257,500
2015 $7,518 $364,600 $107,100 $257,500
2014 $7,618 $387,500 $107,100 $280,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nancy Birge

    Coldwell Banker Realty

    Section Image
  • Amanda Gaudette

    Buyer's Agent in 2013

    Amanda Gaudette

    William Pitt

    (860) 859-7610

    3 in this area

    111 Total Sales

    Amanda Gaudette
    Section Image
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Map

Source: SmartMLS

MLS Number: M9142293

SmartMLS

APN: OLYM-000008-000000-000042-000005

Connecticut New London County Old Lyme 06371

10 Somerset Ln, Old Lyme, CT

This home is located at 10 Somerset Ln, Old Lyme, CT 06371 since 25 July 2013 and is currently estimated at $1,026,903, approximately $307 per square foot. This property was built in 1998. 10 Somerset Ln is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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