NOT LISTED FOR SALE

13 5th Ave Old Lyme, CT 06371

Estimated Value: $557,000 - $631,000

3 Beds
2 Baths
1,032 Sq Ft
$575/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $342,000 $331 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,605/month

46 Days on Market

Highlights

  • Beach Front
  • Gated Community
  • Covered Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of July 2020

Like New on the CT Shore in Old Lyme!! Miami Beach Area is only 2 Blocks away! This beautifully updated, two to three bedroom, year round home is wonderfully appointed and waiting for you to move in and stroll to the beach for a dip. Rinse off in the wonderful enclosed outdoor shower then relax on the back covered deck after the day in sun and sea! 2 Full baths, the larger one doubles as the laundry area with Washer/Dryer Hook-ups. Walls in both Full Baths and Kitchen/Dining/Living Room area have been redone with premium Venetian Plaster very easy to maintain and care for. This is not a Diamond in the Rough, this is a Diamond waiting for you! Located on a road that has only one access point so it keeps it very private in a private community. A bonus is this home comes with a potential additional lot on Corsino Ave which is an extension of this homes backyard, great gathering space or unlimited parking for your family and friends! FROM THE OWNERS: What we love: The home is located on a very quiet cul-de-sac and it is very close to the beach. There is an ample sized deck for entertaining as well as a very large lot. The inside of the house has no paneLing on the walls, there is an open floor plan, a lovely enclosed front porch also used as third bedroom, two full bathrooms (Both completely updated, which is very hard to find) and an enclosed outdoor shower. We may even consider selling the property furnished as the furniture is all new, less than 18 months old.

Last Agent to Sell the Property

Aulay Carlson

Shore & Country Real Estate License #REB.0793575 Listed on: 05/04/2020

Co-Listed By

Elizabeth Carlson

Shore & Country Real Estate License #RES.0796712

Last Buyer's Agent

Aulay Carlson

Shore & Country Real Estate License #REB.0793575 Listed on: 05/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1950

Lot Details

  • 10,001 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R-10

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,032 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Parking Deck
  • Dirt Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Walking Distance to Water
  • Covered Deck
  • Shed
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near golf course

Schools

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

Utilities

  • Zoned Heating
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • 60 Gallon+ Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Personal.

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, snow removal, road maintenance
  • Miami Beach Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,688

Year Built

Built in 1950

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Neighborhood: Miami Beach
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1032
  • Public Record Living Room Sq Ft: 840
  • Total Sq Ft: 1032
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Library, Park, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: The property is seasonally gated for the summer months. When showing please, if gates are closed, enter area on Flagler go to Liberty take a left. Fifth Ave. take a Right. Home is on your right. Sellers have asked all offers to have Pre-Approval Letter or
  • Exclusions: Personal.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2100
  • Directions: Rt. 156 (Shore Rd.) to Flagler to Liberty take a left. Fifth Ave. take a Right. Home is on your right. Seasonally gated so check in at the guard shack before proceeding. Welcome to your Beach House!!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space, Sump Pump
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator
  • Laundry Room Location: First Floor
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Covered Deck, Deck, Gutters, Porch, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt, Dirt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Air, Wall Unit, Zoned
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 80 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Snow Removal, Road Maintenance
  • HOA Fees: 481
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Extra Insulation, Thermopane Windows

Lot Info

  • Acres: 0.2296
  • Lot Description: Open Lot, Cleared, Level Lot
  • Flood Zone: Yes
  • Zoning: R-10
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4688
  • Mil Rate Base: 22.410
  • Tax District Amount: 481
  • Assessor Parcel Number: 1554968

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 6, 2020
Sold by
Scordino Sebastiano and Scordino Catherine A
Bought by
Paschetto Joseph H and Paschetto Michelle L
Seller's Agent
Aulay Carlson
Shore & Country Real Estate
Buyer's Agent
Aulay Carlson
Shore & Country Real Estate
List Price
$379,000
Sold Price
$342,000
Premium/Discount to List
-$37,000
-9.76%
Current Estimated Value
$593,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,315
Avg. Annual Appreciation
10.46%
Original Mortgage
$290,700
Outstanding Balance
$257,773
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,542
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paschetto Joseph H $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paschetto Joseph H $290,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2020 07/07/20 Sold $342,000 -7.3% $331 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $369,000 -2.6% $358 / Sq Ft
05/04/2020 05/04/20 For Sale $379,000 +37.8% $367 / Sq Ft
07/10/2015 07/10/15 Sold $275,000 -8.0% $266 / Sq Ft View Prior Sale
06/11/2015 06/11/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $299,000 -- $290 / 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 $5,911 $364,200 $234,300 $129,900
2024 $4,675 $191,600 $128,800 $62,800
2023 $4,503 $191,600 $128,800 $62,800
2022 $4,503 $191,600 $128,800 $62,800
2021 $4,464 $191,600 $128,800 $62,800
2020 $4,445 $191,600 $128,800 $62,800
2019 $4,688 $209,200 $144,900 $64,300
2018 $4,584 $209,200 $144,900 $64,300
2017 $4,550 $209,200 $144,900 $64,300
2016 $4,435 $209,200 $144,900 $64,300
2015 $4,314 $209,200 $144,900 $64,300
2014 $3,545 $180,300 $111,700 $68,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170292458

SmartMLS

APN: OLYM-000079-000000-000082