NOT LISTED FOR SALE

Estimated Value: $507,000 - $593,000

2 Beds
1 Bath
1,030 Sq Ft
$530/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $425,000 $413 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,472/month

67 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Baseboard Heating
  • East Lyme Middle School Rated A-
  • 1 Fireplace

About This Home

As of November 2023

Welcome to this coastal oasis, a charming 2-bedroom brick ranch nestled in the coveted Oak Grove Beach community. This residence embodies sophistication, offering coastal living near your private beach, perfect for year-round getaways. Unwind on the spacious front deck, embraced by the gentle Long Island Sound breezes. Notably, this property stands out with a proven track record as a successful short-term and academic rental. This home offers flexibility for both peaceful living and investing. Make a move and join this community.

Last Agent to Sell the Property

Mantas Laureckis

William Raveis Real Estate License #RES.0806337 Listed on: 08/29/2023

William Raveis Real Estate

Last Buyer's Agent

Gregory Hanner

Garden Realty License #REB.0788235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R12

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 1,030 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Additional Features

  • Flood Zone Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 1466211

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1945

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Neighborhood: Oak Grove Beach
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1030
  • Total Sq Ft: 1030
  • Year Built: 1945
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1419
  • Directions: Gps Friendly. Entrance to the property is through right of way - 12 south drive. Private drive way is through Barrett drive.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1030
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: None
  • Appliances: Electric Range, Oven/Range, Refrigerator, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage And Parking: Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 140
  • HOA Fee Frequency: Annually

Schools

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

Lot Info

  • Acres: 0.17
  • Lot Description: Interior Lot On Cul-De-Sac
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R12
  • Parcel #: 1466211

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5723
  • Total Assessed Value: 230020
  • Mil Rate Total: 24.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Aram Jalal A
Bought by
Sky Llc
Current Estimated Value
$545,486

Purchase Details

Listed on
Aug 29, 2023
Closed on
Nov 7, 2023
Sold by
May Edward and Cordova Jodi
Bought by
Aram Jalal A
Seller's Agent
Mantas Laureckis
William Raveis Real Estate
Buyer's Agent
Gregory Hanner
Garden Realty
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Sep 2, 2003
Sold by
Coleman Saul and Coleman Jean
Bought by
May Edward and Cordova Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sky Llc -- None Available
Sky Llc -- None Available
Aram Jalal A $425,000 None Available
Aram Jalal A $425,000 None Available
May Edward $130,000 --
May Edward $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Edward $90,800
Previous Owner May Edward $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $425,000 -5.6% $413 / Sq Ft
10/13/2023 10/13/23 Price Changed $450,000 -5.1% $437 / Sq Ft
09/29/2023 09/29/23 Price Changed $474,000 -5.0% $460 / Sq Ft
09/01/2023 09/01/23 For Sale $499,000 0.0% $484 / Sq Ft
09/21/2022 09/21/22 Rented $1,700 0.0% --
09/21/2022 09/21/22 Under Contract -- -- --
08/17/2022 08/17/22 For Rent $1,700 +6.3% --
08/15/2021 08/15/21 Rented $1,600 0.0% --
08/06/2021 08/06/21 For Rent $1,600 +14.3% --
08/24/2020 08/24/20 Rented $1,400 0.0% --
08/22/2020 08/22/20 Under Contract -- -- --
08/08/2020 08/08/20 For Rent $1,400 +7.7% --
08/15/2019 08/15/19 Rented $1,300 0.0% --
08/13/2019 08/13/19 Under Contract -- -- --
08/09/2019 08/09/19 For Rent $1,300 +4.0% --
08/16/2018 08/16/18 Rented $1,250 0.0% --
08/16/2018 08/16/18 Under Contract -- -- --
08/01/2018 08/01/18 For Rent $1,250 +4.2% --
11/15/2017 11/15/17 Rented $1,200 0.0% --
11/12/2017 11/12/17 Under Contract -- -- --
10/24/2017 10/24/17 For Rent $1,200 0.0% --
10/23/2017 10/23/17 Off Market $1,200 -- --
09/19/2017 09/19/17 Price Changed $1,200 -7.7% $1 / Sq Ft
08/26/2017 08/26/17 For Rent $1,300 +4.0% --
08/23/2016 08/23/16 Rented $1,250 0.0% --
06/24/2016 06/24/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $1,250 +8.7% --
07/30/2015 07/30/15 Rented $1,150 0.0% --
07/30/2015 07/30/15 Under Contract -- -- --
06/22/2015 06/22/15 For Rent $1,150 0.0% --
09/28/2014 09/28/14 Rented $1,150 0.0% --
09/28/2014 09/28/14 Under Contract -- -- --
08/25/2014 08/25/14 For Rent $1,150 +21.1% --
11/15/2012 11/15/12 Rented $950 0.0% --
11/15/2012 11/15/12 Under Contract -- -- --
09/09/2012 09/09/12 For Rent $950 -- --
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 $6,943 $247,870 $151,130 $96,740
2024 $6,437 $244,300 $151,130 $93,170
2023 $5,723 $230,020 $151,130 $78,890
2022 $5,484 $230,020 $151,130 $78,890
2021 $5,640 $197,820 $145,880 $51,940
2020 $5,610 $197,820 $145,880 $51,940
2019 $5,577 $197,820 $145,880 $51,940
2018 $5,410 $197,820 $145,880 $51,940
2017 $5,175 $197,820 $145,880 $51,940
2016 $4,793 $189,000 $135,520 $53,480
2015 $4,670 $189,000 $135,520 $53,480
2014 $4,542 $189,000 $135,520 $53,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170593019

SmartMLS

APN: ELYM-000802-000140