NOT LISTED FOR SALE

12 Knutson Rd Old Lyme, CT 06371

Estimated Value: $618,644 - $727,000

Studio
4 Baths
3,300 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $330,000 $100 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,920/month

179 Days on Market

Highlights

  • Horse Property
  • 5.21 Acre Lot
  • No HOA
  • Mile Creek School Rated A
  • Attic
  • Cul-De-Sac

About This Home

As of August 2017

Unique Investor Opportunity! Three Legal & Separate Buildings on One Lot! Located on over 5 Acres of land on a cul de sac near Rogers Lake! Family owned and managed for years. Perfect for a 'Live-In Manager/Owner' scenario or just a straight investment with an eye on future development! Call for details!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 02/03/2017

William Raveis Real Estate

Last Buyer's Agent

Bin Lin

Sunshine Realty License #REB.0789026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1947

Lot Details

  • 5.21 Acre Lot
  • Home fronts a stream
  • Cul-De-Sac

Home Design

  • Wood Siding
  • Shake Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,300 Sq Ft Home
  • 2-Story Property
  • Attic or Crawl Hatchway Insulated

Parking

  • 4 Car Garage
  • Varies By Unit
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Horse Property
  • Outdoor Storage

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Pboe High School

Utilities

  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,194

Year Built

Built in 1947

Lot Details

5.21 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 3300
  • Year Built: 1947
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Boston Post Rd to Knutson Rd. Look for sign.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Access Via Hatch
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Storage Building
  • Exterior Siding: Shake, Wood
  • Waterfront Description: Brook
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Unit Garage
  • Garages Number: 4
  • Driveway Type: Gravel, Private
  • Total Parking Spaces: 8

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 5.2100
  • Lot Description: On Cul-De-Sac
  • Property Info: Horse Property

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Maintenance/Repairs, Snow Removal, Water
  • Lease Purchase: No

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5194
  • Assessor Parcel Number: 1553594

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Aug 31, 2017
Sold by
Knutson Properties Llc
Bought by
Wang Bo W
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Bin Lin
Sunshine Realty
List Price
$344,900
Sold Price
$330,000
Premium/Discount to List
-$14,900
-4.32%
Current Estimated Value
$666,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,161
Avg. Annual Appreciation
8.58%
Original Mortgage
$247,500
Outstanding Balance
$207,012
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,149
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Bo W $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Bo W $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $330,000 -4.3% $100 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $344,900 -- $105 / Sq Ft
Source: SmartMLS

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 $5,909 $364,100 $71,700 $292,400
2024 $6,381 $261,500 $76,100 $185,400
2023 $6,145 $261,500 $76,100 $185,400
2022 $6,145 $261,500 $76,100 $185,400
2021 $6,093 $261,500 $76,100 $185,400
2020 $6,067 $261,500 $76,100 $185,400
2019 $5,499 $245,400 $67,600 $177,800
2018 $5,377 $245,400 $67,600 $177,800
2017 $5,337 $245,400 $67,600 $177,800
2016 $5,194 $245,000 $67,200 $177,800
2015 $5,052 $245,000 $67,200 $177,800
2014 $5,255 $267,300 $67,200 $200,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E10195508

SmartMLS

APN: OLYM-000061-000000-000021

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