NOT LISTED FOR SALE

116 Town Woods Rd Old Lyme, CT 06371

Estimated Value: $547,007 - $650,000

3 Beds
2 Baths
1,775 Sq Ft
$340/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $475,000 $268 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,614/month

1 Day on Market

Highlights

  • 2.51 Acre Lot
  • Open Floorplan
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Ranch Style House
  • Attic

About This Home

As of January 2023

Wonderful first floor living. This 3 bedroom home is set back from the road on over 2.7 acres and has an open flow with lots of natural light. The family room is the heart of the home with a beautiful stone fireplace and built-in bookcases and opens nicely to the kitchen(stainless appliances updated in the last 5 years) keeping the chef right in the action. The slider leads to the back patio and generous flat backyard perfect for relaxing and entertaining both large and small gatherings. The open living/dining area flows seamlessly with the the primary bedroom with en-suite bath at one end of the home and the 2 additional bedrooms, full bath and laundry room on the opposite end. You'll love the low maintenance vinyl siding, the two car garage connected by a covered porch, generous dry basement, updated boiler(2019), storage shed, outdoor shower and even a built in basketball hoop! This sought after location has a small portion of the lot in Old Lyme, so you pay low Lyme taxes and also have access to an Old Lyme beach sticker. A great spot for year round living or a perfect country retreat minutes to I-95, award winning Region 18 Lyme/Old Lyme schools, Town Woods Park, Lyme/Old Lyme Senior Center, Roger’s Lake and miles of hiking trails.

Last Agent to Sell the Property

Martha Quaratella

Coldwell Banker Realty License #RES.0798111 Listed on: 12/08/2022

Coldwell Banker Realty

Last Buyer's Agent

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,886

Year Built

  • Built in 1998

Lot Details

  • 2.51 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R40

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,775 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Garage
  • Tandem Garage
  • Driveway

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near shops

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,886

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1775
  • Public Record Living Room Sq Ft: 1775
  • Total Sq Ft: 1775
  • Year Built: 1998
  • Nearby Amenities: Basketball Court, Lake, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4386
  • Directions: GPS friendly, look for sign- set back
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Hatchway, Concrete Floor
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Cooktop, Electric Range, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: first floor seperate launry room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 116

Exterior Features

  • Exterior Features: Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem, Paved
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 2.5100
  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4886
  • Total Assessed Value: 244900
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 2327901

MLS Schools

  • Elementary School: Lyme Consolidated
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 26, 2023
Sold by
Edmed Joshua and Edmed Winifred
Bought by
Hubbard Jacqueline
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$460,000
Sold Price
$475,000
Premium/Discount to List
$15,000
3.26%
Views
47
Current Estimated Value
$603,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,752
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Oct 15, 2008
Sold by
Zabilansky John and Zabilansky Barbara
Bought by
Edmed Joshua and Edmed Winitred

Purchase Details

Closed on
Oct 28, 2005
Sold by
Taggart Hugh
Bought by
Zabilansky John and Zabilansky Barbara
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
Hubbard Jacqueline $475,000 None Available
Edmed Joshua $394,000 --
Zabilansky John $470,000 --
Edmed Joshua $394,000 --
Zabilansky John $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edmed Joshua $166,000
Previous Owner Zabilansky John $253,500
Previous Owner Zabilansky John $257,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $475,000 +3.3% $268 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $460,000 -- $259 / 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 $4,779 $329,600 $119,600 $210,000
2024 $4,779 $329,600 $119,600 $210,000
2023 $6,416 $244,900 $85,700 $159,200
2022 $4,886 $244,900 $85,700 $159,200
2021 $4,886 $244,900 $85,700 $159,200
2020 $4,886 $244,900 $85,700 $159,200
2019 $4,886 $244,900 $85,700 $159,200
2018 $4,810 $258,600 $97,900 $160,700
2017 $4,719 $258,600 $97,900 $160,700
2016 $4,719 $258,600 $97,900 $160,700
2015 $4,590 $258,600 $97,900 $160,700
2014 $4,396 $258,600 $97,900 $160,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170539438

SmartMLS

APN: LYME-000032-000000-000027