$250,000
SOLD NOV 15, 2024

13 Willow Ln East Lyme, CT 06333

3 Beds
1.5 Baths
2,373 Sq Ft
0.88 Acres

Recently Sold

$105 Per Sq Ft

9% Above List Price

35 Days on Market

Highlights

  • Raised Ranch Architecture
  • Partially Wooded Lot
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • Thermal Windows

About This Home

As of November 2024

Opportunity Knocks!! Whether you are looking for your next project or your next home this 2300 Sq/Ft Raised Ranch in the heart of East Lyme on a .88 Acre Lot is a rare opportunity! Pricing reflects the need for a complete rehab throughout. Extensive smoke damage. Some Fire Damage. Cash or Construction Mortgages Only. The seller requires a Hold Harmless be executed by all parties prior to access. Please bring a flashlight. No showings after 6pm.

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 10/11/2024

William Raveis Real Estate

Last Buyer's Agent

Janise Gabco

Our Home Realty Advisors License #RES.0805565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,843

Year Built

  • Built in 1963

Lot Details

  • 0.88 Acre Lot
  • Partially Wooded Lot
  • Property is zoned R40

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Driveway

Schools

  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Enclosed Patio or Porch
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 1470141

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,843

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Raised Ranch
  • Sq Ft Est Heated Above Grade: 1229
  • Sq Ft Est Heated Below Grade: 1144
  • Total Sq Ft: 2373
  • Year Built: 1963
  • New Construction: No/Resale
  • Nearby Amenities: Lake, Library, Medical Facilities, Playground/Tot Lot, Public Pool, Public Rec Facilities, Shopping/Mall
  • In Law Access: Lower Level
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Flanders Rd to Society Rd to Dean Rd to Willow Lane. Look for Sign.
  • Financing Used: Other
  • In Law Apartment: Possible
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Fully Finished, Full With Walk-Out
  • Appliances: Washer, Dryer
  • Laundry Room Location: In bathroom on bottom floor
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 13

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.88
  • Lot Description: Lightly Wooded
  • Flood Zone: No
  • Zoning: R40
  • Parcel #: 1470141

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5843
  • Total Assessed Value: 221760
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 14, 2024
Sold by
Lozanov Merrill Est and Lozanov
Bought by
Town & Country Re Llc
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Janise Gabco
Our Home Realty Advisors
List Price
$230,000
Sold Price
$250,000
Premium/Discount to List
$20,000
8.7%
Views
112
Current Estimated Value
$283,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,606
Avg. Annual Appreciation
12.66%
Original Mortgage
$303,750
Outstanding Balance
$301,343
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$26,974

Purchase Details

Closed on
Aug 20, 2024
Sold by
Joan G Lozanov T G and Joan Lozanov
Bought by
Lozanov Merrill Est and Lozanov
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
Executors Deed $250,000 None Available
Executors Deed $250,000 None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,750 Purchase Money Mortgage
Closed $303,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $250,000 +8.7% $105 / Sq Ft
10/11/2024 10/11/24 For Sale $230,000 -- $97 / 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 $6,092 $217,490 $104,090 $113,400
2024 $5,843 $221,760 $104,090 $117,670
2023 $5,517 $221,760 $104,090 $117,670
2022 $5,287 $221,760 $104,090 $117,670
2021 $5,346 $187,530 $104,090 $83,440
2020 $5,318 $187,530 $104,090 $83,440
2019 $5,286 $187,530 $104,090 $83,440
2018 $5,129 $187,530 $104,090 $83,440
2017 $4,906 $187,530 $104,090 $83,440
2016 $4,756 $187,530 $104,090 $83,440
2015 $4,634 $187,530 $104,090 $83,440
2014 $4,506 $187,530 $104,090 $83,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24052022

SmartMLS

APN: ELYM-002503-000072