NOT LISTED FOR SALE

11 Four Mile River Rd Old Lyme, CT 06371

Estimated Value: $372,371 - $427,000

5 Beds
2.5 Baths
2,328 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $370,000 $159 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,577/month

67 Days on Market

Highlights

  • 1.75 Acre Lot
  • Cape Cod Architecture
  • Attic
  • Mile Creek School Rated A
  • Wood Burning Stove
  • Circular Driveway

About This Home

As of May 2024

Don't miss this chance to own in Old Lyme! This Spacious 2300+sq ft Vintage house features 5 bedrooms along with a bonus In-Law Suite with separate entrance. A Large 42 ft wrap around front porch greets guests. Enter the Main floor showcasing a Den with impressive Stone fireplace along with Beautiful Maple Hardwood floors. The hardwood floors continue throughout the Entrance way, large Living room, and Dining room. Classic French Doors lead to the Dining Room with built in China cabinet. 4 Bedrooms on second floor. Washer Dryer hook up on second floor. Property situated on sprawling 1.75 acres abutting to the Four Mile River for kayaking and water access. Outdoor yard includes an Antique root cellar and a shed providing for additional storage. Detached two Car Garage, paved circular driveway. In Law Suite consists of kitchen/living area, full bathroom with washer/dryer and bedroom. This is a property from yesteryear waiting for your finishing touches and TLC. With a little bit of sweat equity this house can be brought back to its quintessential beginnings. Property Selling "As Is". All highest and Best offers due by 5 PM Monday February 26th . Seller requests NO Escalation Clauses

Last Agent to Sell the Property

Lisa Golebiewski

Coldwell Banker Realty License #RES.0799180 Listed on: 02/14/2024

Coldwell Banker Realty

Last Buyer's Agent

Craig Milton

Re/Max Valley Shore License #REB.0756400

Re/Max Valley Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,053

Year Built

  • Built in 1900

Lot Details

  • 1.75 Acre Lot
  • Property is zoned RU4

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Partial Basement
  • Attic or Crawl Hatchway Insulated
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Garage
  • Circular Driveway

Additional Homes

  • Separate Entry Quarters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 2147024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,053

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Four Mile River
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2328
  • Total Sq Ft: 2328
  • Year Built: 1900
  • New Construction: No/Resale
  • In Law Access: Separate Entry
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3288
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • In Law Apartment: Yes
  • Living Area Sq Ft Per Public Record: 2328
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Circular
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Ceiling Fans, None
  • Heat Type: Baseboard, Hot Air, Wood/Coal Stove, Zoned
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 1.75
  • Lot Description: Water View Lightly Wooded Sloping Lot
  • Zoning: RU4
  • Parcel #: 2147024

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5053
  • Total Assessed Value: 215000
  • Mil Rate Total: 23.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 24, 2024
Sold by
Burr Richard D
Bought by
Powers Sarah M
Seller's Agent
Lisa Golebiewski
Coldwell Banker Realty
Buyer's Agent
Craig Milton
Re/Max Valley Shore
List Price
$339,900
Sold Price
$370,000
Premium/Discount to List
$30,100
8.86%
Views
373
Current Estimated Value
$405,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,593
Avg. Annual Appreciation
4.39%
Original Mortgage
$290,000
Outstanding Balance
$286,463
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,477

Purchase Details

Closed on
Dec 28, 2015
Sold by
Burr Deborah A
Bought by
Burr Richard D

Purchase Details

Closed on
Nov 9, 1998
Sold by
Millner Judith M
Bought by
Burr Deborah A and Burr Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
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
Powers Sarah M $370,000 None Available
Powers Sarah M $370,000 None Available
Burr Richard D -- --
Burr Richard D -- --
Burr Deborah A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Sarah M $290,000
Closed Powers Sarah M $50,000
Closed Powers Sarah M $290,000
Previous Owner Burr Deborah A $223,210
Previous Owner Burr Deborah A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $370,000 +8.9% $159 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $339,900 -- $146 / 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 $4,455 $274,500 $86,600 $187,900
2024 $5,246 $215,000 $90,300 $124,700
2023 $5,053 $215,000 $90,300 $124,700
2022 $5,053 $215,000 $90,300 $124,700
2021 $5,010 $215,000 $90,300 $124,700
2020 $4,988 $215,000 $90,300 $124,700
2019 $4,466 $199,300 $80,300 $119,000
2018 $4,367 $199,300 $80,300 $119,000
2017 $4,335 $199,300 $80,300 $119,000
2016 $4,225 $199,300 $80,300 $119,000
2015 $4,110 $199,300 $80,300 $119,000
2014 $4,247 $216,000 $80,300 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170623464

SmartMLS

APN: OLYM-000020-000000-000051