NOT LISTED FOR SALE

11 Sandpiper Point Rd Old Lyme, CT 06371

Estimated Value: $1,418,000 - $1,639,520

1.36 Acres
$1,151,903 Price per Acre
59,168 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $200,000 $43 Per Sq Ft

Est. 682% increase in value since last sale

Current estimated payment $9,553/month

1,890 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Wetlands on Lot
  • Mile Creek School Rated A
  • 1.36 Acre Lot
  • Partially Wooded Lot

About This Lot

As of August 2022

Overlooking Shippee Pond, with seasonal views of the CT River, this western sloping building lot is a minute from the conveniences and attractions of historic Old Lyme village. Located off a great little cul-de-sac road, the CT River boardwalk and a private marina are just down the street, with beaches, golf, and more marinas nearby. It’s a terrific location and an awesome lot.

Last Agent to Sell the Property

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 03/18/2016

Coldwell Banker Realty

Last Buyer's Agent

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 03/18/2016

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,470

Lot Details

  • 1.36 Acre Lot
  • Home fronts a pond
  • Partially Wooded Lot

Property Views

  • Water Views

Schools

  • Mile Creek Elementary School
  • Lyme -Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,470

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Easements, Inland-Wetland Restrictions
  • Tax Year Updated Dt: 07/13/2022
  • Directions: From NYC: I-95 to Exit 70, right onto Rte 156 South, right onto Ferry Rd, left onto Sandpiper Point Road. From Boston: I-95 to Exit 70, straight onto Halls Rd, left onto Rte 156 South, right onto Ferry Rd to left onto Sandpiper Pt Rd.
  • Special Features: None

Exterior Features

  • Waterfront Description: Pond, Direct Waterfront
  • Road Frontage Description: Paved Road, Municipal Street

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: No
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Lyme -Old Lyme

Lot Info

  • Acres: 1.3583
  • Lot Description: Lightly Wooded, Rear Lot, Some Wetlands, Water View
  • Development Status: Approved Lot, Site Plan Recorded
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2470
  • Mil Rate Base: 23.500
  • Assessor Parcel Number: 2599943

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Nov 16, 2015
Sold by
Richeimer William
Bought by
Laro Kenneth M and Laro Nancy E
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Ann Stewart
William Pitt Sotheby's Int'l
List Price
$925,000
Sold Price
$725,000
Premium/Discount to List
-$200,000
-21.62%
Current Estimated Value
$1,564,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,630
Avg. Annual Appreciation
7.96%
Original Mortgage
$616,200
Outstanding Balance
$485,984
Interest Rate
3.87%
Estimated Equity
$1,078,646

Purchase Details

Closed on
Jun 19, 1987
Sold by
Shippee Nathan A
Bought by
Richmeier William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laro Kenneth M $725,000 --
Richmeier William $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmeier William $616,200
Previous Owner Richmeier William $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $200,000 -11.1% $43 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
09/13/2019 09/13/19 For Sale $225,000 +12.5% $49 / Sq Ft
08/31/2019 08/31/19 Off Market $200,000 -- --
10/12/2017 10/12/17 Price Changed $225,000 -9.8% $49 / Sq Ft
03/18/2016 03/18/16 For Sale $249,500 -65.6% $54 / Sq Ft
11/13/2015 11/13/15 Sold $725,000 -21.6% $157 / Sq Ft View Prior Sale
10/21/2015 10/21/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $925,000 -- $200 / 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 $15,771 $971,700 $211,100 $760,600
2024 $13,766 $564,200 $169,100 $395,100
2023 $70 $564,200 $169,100 $395,100
2022 $2,470 $564,200 $169,100 $395,100
2021 $13,146 $564,200 $169,100 $395,100
2020 $13,089 $564,200 $169,100 $395,100
2019 $13,946 $622,300 $125,600 $496,700
2018 $13,635 $622,300 $125,600 $496,700
2017 $13,535 $622,300 $125,600 $496,700
2016 $13,193 $622,300 $125,600 $496,700
2015 $12,832 $622,300 $125,600 $496,700
2014 $12,490 $635,300 $135,200 $500,100
Source: Public Records

Agents Affiliated with this Home

  • Vivian Senft

    Seller's Agent in 2022

    Vivian Senft

    Coldwell Banker Realty

    (860) 227-9133

    17 in this area

    48 Total Sales

    Vivian Senft
    Section Image
  • Judy Schaaf

    Seller's Agent in 2015

    Judy Schaaf

    Coldwell Banker Realty

    (860) 227-3688

    5 in this area

    21 Total Sales

    Judy Schaaf
    Section Image
  • Ann Stewart

    Buyer's Agent in 2015

    Ann Stewart

    William Pitt

    (860) 235-2131

    2 in this area

    58 Total Sales

    Ann Stewart
    Section Image
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Map

Source: SmartMLS

MLS Number: N10117956

SmartMLS

APN: OLYM-000016-000000-000021

Connecticut New London County Old Lyme 06371

11 Sandpiper Point Rd, Old Lyme, CT

Not Listed for Sale

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