NOT LISTED FOR SALE

11 Dennis Rd Old Lyme, CT 06371

Estimated Value: $2,182,000 - $2,335,472

4 Beds
3.5 Baths
4,344 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $2,700,000 $622 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $14,135/month

98 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Open Floorplan
  • Mile Creek School Rated A
  • 1.9 Acre Lot
  • Deck

About This Home

As of September 2021

This exquisite waterfront property in Old Lyme is waiting for someone with discerning taste! Drive up the private lane to a classic New England Colonial but open the door to a magical, modern wonder. On the first floor is the gallery with a hot tub looking onto the pool and endless views of Long Island Sound. There are three bedrooms, one is a suite the other two share a bathroom. All three open onto the pool deck. Up to the main level where the living, dining and kitchen all open to each other. The wall of windows allows for a stunning views. There is an eating deck off the dining area. The laundry area is also on this level as well as a powder room. Up one more flight to the Master level. This entire floor is made of a bedroom with balcony up to the roof or down to the pool, a cozy seating room, a bathroom with separate toilet/bidet area, and walls of glassed doors hiding closets. There is also a wine cellar and a garage that can easily fit 3 cars. Across the stone fence is a private walkway which delivers you to the beach. When the tide is right, you can walk as far as you can see in either direction.

Last Agent to Sell the Property

Janet Peckinpaugh

William Pitt Sotheby's Int'l License #RES.0798526 Listed on: 04/28/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Lewis Jump III

RE/MAX One License #REB.0794931

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,021

Year Built

  • Built in 1983

Lot Details

  • 1.9 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Secluded Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RU

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding

Interior Spaces

  • 4,344 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Water Views

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer
  • Gas Dryer

Partially Finished Basement

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

Parking

  • 4 Car Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Circular Driveway

Pool

  • In Ground Pool
  • Saltwater Pool

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Radiant Heating System
  • Heating System Uses Propane
  • Power Generator
  • Private Company Owned Well
  • Propane Water Heater
  • Fuel Tank Located in Ground
  • Cable TV Available

Additional Features

  • Deck
  • Flood Zone Lot

Community Details

  • Association fees include lake/beach access, road maintenance

Listing and Financial Details

  • Exclusions: All Works of Art and Sculpture

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,021

Year Built

Built in 1983

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 4344
  • Public Record Living Room Sq Ft: 4344
  • Total Sq Ft: 4344
  • Year Built: 1983
  • Exclusions: All Works of Art and Sculpture
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5406
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Route 156 to Cutler Road, left on Dennis.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Gas Range, Microwave, Washer, Gas Dryer
  • Laundry Room Location: Miele washer/dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Deck, French Doors
  • Exterior Siding: Shingle, Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach, View
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Salt Water
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Under House Garage
  • Garages Number: 4
  • Driveway Type: Circular, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Radiant
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Road Maintenance
  • HOA Fees: 600
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Acres: 1.9000
  • Lot Description: In Flood Zone, Secluded, Water View, Level Lot, Lightly Wooded, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RU

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 22021
  • Total Assessed Value: 945100
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1550830

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Oct 1, 2021
Sold by
Patricia J Griesdorn T
Bought by
Reagan Family Ret
Seller's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
Buyer's Agent
Lewis Jump III
RE/MAX One
List Price
$3,000,000
Sold Price
$2,700,000
Premium/Discount to List
-$300,000
-10%
Current Estimated Value
$2,273,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$426,382
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,890,000
Outstanding Balance
$1,723,504
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$550,114

Purchase Details

Listed on
Apr 28, 2021
Closed on
Sep 30, 2021
Sold by
Donald E Griesdorn T
Bought by
Reagan Family Ret
Seller's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
Buyer's Agent
Lewis Jump III
RE/MAX One
List Price
$3,000,000
Sold Price
$2,700,000
Premium/Discount to List
-$300,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Outstanding Balance
$1,723,504
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$550,114

Purchase Details

Closed on
Dec 20, 2011
Sold by
Griesdorn Donald E and Griesdorn Patricia J
Bought by
Griesdorn Donald E and Griesdorn Patricia J
Source: Public Records

Range of Values:

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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
Reagan Family Ret $1,350,000 None Available
Reagan Family Ret $1,350,000 None Available
Griesdorn Donald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagan Family Ret $1,890,000
Previous Owner Griesdorn Donald E $200,000
Previous Owner Griesdorn Donald E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $2,700,000 -3.6% $622 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $2,800,000 -6.7% $645 / Sq Ft
04/28/2021 04/28/21 For Sale $3,000,000 -- $691 / 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 $24,788 $1,527,300 $897,500 $629,800
2024 $23,060 $945,100 $621,300 $323,800
2023 $22,210 $945,100 $621,300 $323,800
2022 $22,210 $945,100 $621,300 $323,800
2021 $22,021 $945,100 $621,300 $323,800
2020 $21,926 $945,100 $621,300 $323,800
2019 $22,249 $992,800 $673,100 $319,700
2018 $21,752 $992,800 $673,100 $319,700
2017 $21,593 $992,800 $673,100 $319,700
2016 $21,047 $992,800 $673,100 $319,700
2015 $20,472 $992,800 $673,100 $319,700
2014 $20,334 $1,034,300 $714,500 $319,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170387134

SmartMLS

APN: OLYM-000004-000000-000006