$360,000
SOLD NOV 22, 2024

12 Laurel Dr Old Lyme, CT 06371

2 Beds
2.5 Baths
1,728 Sq Ft
$648/mo HOA Fee

Recently Sold

$208 Per Sq Ft

18 Days on Market

Highlights

  • Deck
  • Attic
  • Thermal Windows
  • Mile Creek School Rated A
  • End Unit
  • Cul-De-Sac

About This Home

As of February 2025

Nestled in the tranquil community of Laurel Woods, 12 Laurel Drive presents a unique opportunity for comfortable living in a natural setting. This end-unit condo with garage offers a spacious and open layout with 2 bedrooms, 2.5 baths. A finished lower level with a tremendous amount of space provides endless possibilities for an office, exercise space, or a family room. Included in the lower level is a screened in sunroom that flows easily into the verdant back yard. Convenience is key, with easy access to the highway for effortless commuting and travel. For outdoor enthusiasts, the property is a stone's throw away from a variety of lake and beach options. The surrounding area is a haven for health and wellness, with plenty of walking trails that invite residents to explore the scenic beauty of the region. Restaurants, shopping, art galleries, boating, golf and schools are also conveniently located. While this home is move-in ready with newer windows, skylights and sliders, a few modern updates could easily transform it into an incredible home. With its prime location and potential for customization, 12 Laurel Drive is the perfect blend of accessibility, nature, and untapped possibility.

Last Agent to Sell the Property

Teri Strain-Lewis

William Pitt Sotheby's Int'l License #RES.0814595 Listed on: 10/04/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Rebecca Makas

KW Legacy Partners License #REB.0794949

KW Legacy Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,960

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $648 Monthly HOA Fees

Home Design

  • Clap Board Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Shared Well
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, insurance
  • 15 Units
  • Property managed by Signature Properties

Listing and Financial Details

  • Assessor Parcel Number 1551845

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,960

Year Built

Built in 1985

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1728
  • Total Sq Ft: 1728
  • Year Built: 1985
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Park, Playground/Tot Lot
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: RT 1 to Boggy Hole. Right on Laurel Woods. Left at top of hill.
  • Financing Used: Cash
  • In Law Apartment: No
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Heated, Partially Finished, Concrete Floor, Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Range, Oven/Range, Refrigerator, Dishwasher, Disposal
  • Laundry Room Location: 2nd floor bathroom
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 12

Exterior Features

  • Exterior Features: Sidewalk, Deck, Gutters
  • Exterior Siding: Clapboard
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Other

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Shared Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Insurance
  • Levels In Unit: 3
  • HOA Fees: 648
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Signature Properties
  • Property Mgt Phone: (860) 639-5811
  • Total Number of Units In Complex: Laurel Heights

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: On Cul-De-Sac
  • Flood Zone: No
  • Zoning: RU80
  • Parcel #: 1551845

Rental Info

  • Pets Allowed Info: 1 Cat and 1 small dog und
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 15

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3960
  • Total Assessed Value: 162300
  • Mil Rate Total: 24.4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2002
Sold by
Knepshield David and Knepshield Lisa
Bought by
Kenneth R Taylor Lt and Taylor Kenneth R
Total Days on Market
18
Current Estimated Value
$714,607

Purchase Details

Closed on
Jun 7, 2002
Sold by
Morgan Bradley P and Morgan Julie S
Bought by
Finley Frances L and Finley Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.9%

Purchase Details

Closed on
May 19, 1994
Sold by
Knepshield David A and Knepshield Lisa A
Bought by
Morgan Bradley P and Morgan Julie S

Purchase Details

Closed on
Aug 26, 1992
Sold by
Farmers & Mechanics Bk
Bought by
Knepshield David A and Knepshield Lisa A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 --
Warranty Deed $425,000 --
Warranty Deed $280,000 --
Quit Claim Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $197,500 Stand Alone Refi Refinance Of Original Loan
Closed $278,000 No Value Available
Previous Owner $280,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $495,000 +10.0% $191 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $450,000 +25.0% $174 / Sq Ft
11/22/2024 11/22/24 Sold $360,000 0.0% $208 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/19/2024 10/19/24 Off Market $360,000 -- --
10/04/2024 10/04/24 For Sale $360,000 -- $208 / 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
2024 $5,652 $389,800 $117,100 $272,700
2023 $7,738 $292,500 $83,800 $208,700
2022 $5,835 $292,500 $83,800 $208,700
2021 $5,835 $292,500 $83,800 $208,700
2020 $5,835 $292,500 $83,800 $208,700
2019 $5,835 $292,500 $83,800 $208,700
2018 $2,305 $312,400 $93,900 $218,500
2017 $5,701 $312,400 $93,900 $218,500
2016 $5,701 $312,400 $93,900 $218,500
2015 $5,545 $312,400 $93,900 $218,500
2014 $5,311 $312,400 $93,900 $218,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24042470

SmartMLS

APN: LYME-000043-000000-000011