NOT LISTED FOR SALE

117 Cove Rd Old Lyme, CT 06371

Estimated Value: $1,049,222 - $1,209,000

3 Beds
2 Baths
2,816 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $460,000 $163 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,847/month

328 Days on Market

Highlights

  • Partially Wooded Lot
  • Antique Architecture
  • No HOA
  • Lyme Consolidated School Rated A-
  • 4 Fireplaces
  • Porch

About This Home

As of July 2018

The Ebenezer Russell house, and 18th century enter chimney colonial located on one of the most convenient and desired locations in all of Lyme. Surrounded by fine luxury properties up and down Cove Rd this antique has a rare 2-bay attached garage, central A/C, automatic start-up generator, 5 fireplaces, updated kitchen, and a first floor bedroom option with a full bath. Classic garden and brick is the view from a large covered porch. Within minutes to Old Lyme Village, I-95, local marinas, the Saybrook train station and some of the regions finest dining options. Call today to schedule your private showing or for an informational Property Packet!

Last Agent to Sell the Property

Byron Lazine

William Raveis Real Estate License #REB.0790768 Listed on: 07/20/2017

William Raveis Real Estate

Last Buyer's Agent

Roger Parkman

William Pitt Sotheby's Int'l License #RES.0523328

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,050

Year Built

  • Built in 1754

Lot Details

  • 1.6 Acre Lot
  • Stone Wall
  • Open Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Antique Architecture
  • Wood Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • 4 Fireplaces
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Dirt Driveway

Outdoor Features

  • Porch

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,050

Year Built

Built in 1754

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique
  • Public Record Living Room Sq Ft: 2816
  • Total Sq Ft: 2816
  • Year Built: 1754
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5336
  • Directions: Rt. 156 to Cove Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Walk-up
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: Upper Level
  • Attic: No
  • Street Number Modifier: 117

Exterior Features

  • Exterior Features: Garden Area, Porch, Stone Wall
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Dirt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 1.6000
  • Lot Description: Lightly Wooded, Open Lot
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 9050
  • Total Assessed Value: 495900
  • Mil Rate Total: 18.250
  • Assessor Parcel Number: 1521172

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 1987
Sold by
Henry George H
Bought by
Ballard James E
Current Estimated Value
$1,128,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.54%
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
Ballard James E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ballard James E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $460,000 -8.0% $163 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $499,900 -8.9% $178 / Sq Ft
11/28/2017 11/28/17 Price Changed $549,000 -8.3% $195 / Sq Ft
09/12/2017 09/12/17 Price Changed $599,000 -10.6% $213 / Sq Ft
07/20/2017 07/20/17 For Sale $669,900 -- $238 / 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 $8,362 $576,700 $264,800 $311,900
2024 $8,362 $576,700 $264,800 $311,900
2023 $7,558 $387,600 $189,100 $198,500
2022 $7,733 $387,600 $189,100 $198,500
2021 $7,733 $387,600 $189,100 $198,500
2020 $7,733 $387,600 $189,100 $198,500
2019 $7,733 $387,600 $189,100 $198,500
2018 $9,224 $495,900 $227,200 $268,700
2017 $9,050 $495,900 $227,200 $268,700
2016 $9,050 $495,900 $227,200 $268,700
2015 $8,802 $495,900 $227,200 $268,700
2014 $8,430 $495,900 $227,200 $268,700
Source: Public Records

Agents Affiliated with this Home

  • Byron Lazine

    Seller's Agent in 2018

    Byron Lazine

    William Raveis Real Estate

    (860) 941-2755

    34 Total Sales

    Section Image
  • Roger Parkman

    Buyer's Agent in 2018

    Roger Parkman

    William Pitt

    (203) 676-1061

    7 in this area

    30 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: N10229431

SmartMLS

APN: LYME-000017-000000-000001

Connecticut New London County Old Lyme 06371

117 Cove Rd, Old Lyme, CT

This home is located at 117 Cove Rd, Old Lyme, CT 06371 since 20 July 2017 and is currently estimated at $1,128,741, approximately $400 per square foot. This property was built in 1754. 117 Cove Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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