NOT LISTED FOR SALE

107 Lyme St Old Lyme, CT 06371

Estimated Value: $1,497,000 - $1,783,332

6 Beds
6 Baths
5,889 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $960,000 $163 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,078/month

58 Days on Market

Highlights

  • Newly Remodeled
  • 1 Acre Lot
  • 3 Fireplaces
  • Mile Creek School Rated A
  • Attic
  • No HOA

About This Home

As of September 2020

Casual elegance: city chic meets New England charm in the Historical District of Old Lyme. The driveway leads you to a private enclave surrounded by lush greenery. Prepare meals in the gourmet kitchen, with family friendly-features and a light-filled breakfast nook that make it a central gathering place surrounding meal time. A formal dining room, with an oversized picture window, is convenient to the Butler’s pantry, allowing for intimate dinner parties. For larger gatherings, mingle with guests in the living room with a full bar, which flows into a sitting room. The formal living room, complete with fireplace, is grand in size and decoration. Step into the elegant solarium to recharge and unwind. When working from home, the private, in-home office eliminates distractions. Outdoor living areas are as impressive as the interior, with an outdoor kitchen, beautifully landscaped grounds, and space to entertain. The spacious floor plan provides room and flexibility for all of your desires. Turn the lower level into a playroom, man-cave, or fitness area. In addition, the barn is zoned for an apartment, which can be used for an in-law suite or artist’s studio. Ample storage space throughout keeps the home organized. Enjoy an easy walk to town museums, restaurants, and shops, with easy access to the highway. Two hour drive to NYC and Boston. Hamptons and Long Island are accessible by ferry. Call today for your private showing.

Last Agent to Sell the Property

Ryan Casey

William Raveis Real Estate License #RES.0806074 Listed on: 05/31/2020

William Raveis Real Estate

Last Buyer's Agent

John Russo

Berkshire Hathaway NE Prop. License #RES.0804126

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,992

Year Built

  • Built in 1919 | Newly Remodeled

Lot Details

  • 1 Acre Lot
  • Stone Wall
  • Level Lot
  • Many Trees
  • Property is zoned Dir. Waterfront: No Acres: 1.0

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 5,889 Sq Ft Home
  • Sound System
  • 3 Fireplaces
  • French Doors
  • Finished Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,992

Year Built

Built in 1919 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Sq Ft Est Heated Above Grade: 5889
  • Public Record Living Room Sq Ft: 5889
  • Total Sq Ft: 5889
  • Year Built: 1919
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Library
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 11622
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Follow Lyme Street to 107 Lyme Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Fully Finished
  • Interior Amenities: Audio System, Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Dishwasher, Washer, Dryer
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: French Doors, Grill, Patio, Stone Wall
  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.0000
  • Lot Description: Level Lot, Treed, Professionally Landscaped
  • Zoning: Dir. Waterfront: No Acres: 1.0

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 13992
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1551813

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Aug 21, 2020
Sold by
Salkin Jeffrey A and Salkin Sheila J
Bought by
Sudano Kristine and Mahoney Colin
Seller's Agent
Ryan Casey
William Raveis Real Estate
Buyer's Agent
John Russo
Berkshire Hathaway NE Prop.
List Price
$1,050,000
Sold Price
$960,000
Premium/Discount to List
-$90,000
-8.57%
Current Estimated Value
$1,643,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,111
Avg. Annual Appreciation
10.76%
Original Mortgage
$768,000
Outstanding Balance
$681,270
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$961,841
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sudano Kristine $960,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudano Kristine $768,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $960,000 -3.0% $163 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $990,000 -5.7% $168 / Sq Ft
05/31/2020 05/31/20 For Sale $1,050,000 -- $178 / 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 $17,126 $1,055,200 $268,100 $787,100
2024 $14,716 $603,100 $189,200 $413,900
2023 $14,173 $603,100 $189,200 $413,900
2022 $14,173 $603,100 $189,200 $413,900
2021 $14,052 $603,100 $189,200 $413,900
2020 $13,992 $603,100 $189,200 $413,900
2019 $15,505 $691,900 $169,900 $522,000
2018 $15,160 $691,900 $169,900 $522,000
2017 $15,049 $691,900 $169,900 $522,000
2016 $14,668 $691,900 $169,900 $522,000
2015 $14,267 $691,900 $169,900 $522,000
2014 $14,279 $726,300 $169,900 $556,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170297905

SmartMLS

APN: OLYM-000022-000000-000044