11 Old Colony Rd Old Lyme, CT 06371
5
Beds
2
Baths
1,112
Sq Ft
2,614
Sq Ft Lot
Highlights
- Beach Front
- 1 Fireplace
- Enclosed patio or porch
- Mile Creek School Rated A
- Walking Distance to Water
- Separate Entry Quarters
About This Home
As of October 2020The vision of a beach house is different to each buyer. To some...it's funky and different and a real change of scenery from where they live while to others they seek the finishes and conveniences of their primary home. If you're into the funky side of things this one is for you! If your the latter...it's a blank canvas for you to improve upon. In either case this beach house has two advantages not often found in a beach community: 1. It's out of the flood zone which saves you thousands per year; 2. It's a legal 2-family and thus you can enjoy twice the income from one investment or rent the upper floor while you enjoying life at the beach on the ground floor! The home has a newer 30 Year architectural roof, vinyl siding, and thermal replacement windows and doors. The floors are a mix of Oak parquet, tile floors, and wall to wall carpeting. There are rear decks on both levels on the private rear side of the home, a stucco out building to store beach toys and maintenance items. On either side of the outdoor shower one will find unique enclosures that house a washer and dryer! There are deeded rights to Old Colony Beach which is but a mere 1 min. golf cart ride or 7 minute walk straight down Old Colony Rd to the wide, fluffy white sand and clean, blue LI Sound. Life's a beach...then you live!
Last Agent to Sell the Property
Compass Connecticut, LLC License #REB.0789894 Listed on: 08/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,350
Year Built
- Built in 1940
Lot Details
- 2,614 Sq Ft Lot
- Beach Front
- Level Lot
- Cleared Lot
- Property is zoned R-10
HOA Fees
- $27 Monthly HOA Fees
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Ridge Vents on the Roof
- Vinyl Siding
Interior Spaces
- 1,112 Sq Ft Home
- 1 Fireplace
Kitchen
- Oven or Range
- <<microwave>>
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Private Driveway
- Unpaved Parking
Outdoor Features
- Walking Distance to Water
- Enclosed patio or porch
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
- Electric Water Heater
Additional Features
- Separate Entry Quarters
- Property is near a golf course
Community Details
- Association fees include lake/beach access
- Old Colony Beach Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2020
Closed on
Sep 23, 2020
Sold by
Berman Stephen
Bought by
Provost Nektaria and Hart Darryl
Seller's Agent
Gigi Giordano Taylor
Compass Connecticut, LLC
Buyer's Agent
Karen Sylvester
Berkshire Hathaway NE Prop.
List Price
$325,000
Sold Price
$311,000
Premium/Discount to List
-$14,000
-4.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,548
Avg. Annual Appreciation
8.44%
Original Mortgage
$248,800
Outstanding Balance
$223,780
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,288
Purchase Details
Listed on
Jun 7, 2016
Closed on
Jul 13, 2016
Sold by
Calitro Richard A and Calitro Yolanda C
Bought by
Berman Dorothy
Seller's Agent
Kris Morin
Real Broker CT, LLC
Buyer's Agent
Kris Morin
Real Broker CT, LLC
List Price
$300,009
Sold Price
$300,009
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Purchase Details
Closed on
Sep 25, 1998
Sold by
Carreira Tillie
Bought by
Calitro Richard A and Calitro Yolando C
Similar Homes in Old Lyme, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $311,000 | None Available | |
| Warranty Deed | $311,000 | None Available | |
| Warranty Deed | $300,009 | -- | |
| Warranty Deed | $60,000 | -- | |
| Warranty Deed | $300,009 | -- | |
| Warranty Deed | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,800 | New Conventional | |
| Closed | $248,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2020 10/08/20 | Sold | $311,000 | -4.3% | $280 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $325,000 | +8.3% | $292 / Sq Ft |
| 07/23/2016 07/23/16 | Sold | $300,009 | 0.0% | $270 / Sq Ft |
| 06/07/2016 06/07/16 | Pending | -- | -- | -- |
| 06/07/2016 06/07/16 | For Sale | $300,009 | -- | $270 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,631 | $189,800 | $123,600 | $66,200 |
| 2023 | $4,406 | $187,500 | $123,600 | $63,900 |
| 2022 | $4,406 | $187,500 | $123,600 | $63,900 |
| 2021 | $4,369 | $187,500 | $123,600 | $63,900 |
| 2020 | $4,350 | $187,500 | $123,600 | $63,900 |
| 2019 | $4,498 | $200,700 | $109,800 | $90,900 |
| 2018 | $4,397 | $200,700 | $109,800 | $90,900 |
| 2017 | $4,365 | $200,700 | $109,800 | $90,900 |
| 2016 | $4,255 | $200,700 | $109,800 | $90,900 |
| 2015 | $4,138 | $200,700 | $109,800 | $90,900 |
| 2014 | $4,974 | $253,000 | $174,900 | $78,100 |
Source: Public Records
Agents Affiliated with this Home
-
Gigi Giordano Taylor
Seller's Agent in 2020
Gigi Giordano Taylor
Compass Connecticut, LLC
(203) 671-2155
7 in this area
161 Total Sales
-
Michael Marsden
Seller Co-Listing Agent in 2020
Michael Marsden
Compass Connecticut, LLC
(860) 334-1379
3 in this area
103 Total Sales
-
Karen Sylvester
Buyer's Agent in 2020
Karen Sylvester
Berkshire Hathaway Home Services
(860) 917-5668
1 in this area
55 Total Sales
-
Kris Morin
K
Seller's Agent in 2016
Kris Morin
Real Broker CT, LLC
(860) 532-0220
42 Total Sales
Map
Source: SmartMLS
MLS Number: 170328576
APN: OLYM-000084-000000-000045
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