NOT LISTED FOR SALE

14 Ferry Rd Unit A2 Old Lyme, CT 06371

Estimated Value: $476,814 - $664,000

2 Beds
2 Baths
1,756 Sq Ft
$600/mo HOA Fee

Last Sold May 31, 2024

Last sale price $611,000 $348 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,174/month

1 Day on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Attic
  • End Unit

About This Home

As of May 2024

RARELY AVAILABLE IN THIS QUAINT COMPLEX! EXQUISITE LUXURY CONDO, RENOVATED TO PERFECTION AND MOVE-IN READY! Located in a desirable building of just two units, this exceptional 2-bed, 2-bath second floor residence is an entertainer's dream with its open-concept layout The expansive living room, adorned with a captivating fireplace flanked by built-in bookcases, creates a cozy yet sophisticated ambiance. The stunning white kitchen boasts a central island, quartz countertops, high-end tile backsplash, and designer lighting fixtures. Additional features include a pantry and a live-edge counter area, adding a touch of natural charm. Currently utilized as a den, the dining room offers versatility and style with beautiful wall sconces and access to the enclosed porch. Savor your morning coffee or unwind with an evening cocktail on the porch while soaking in the serene views of the lush surroundings below. Retreat to the luxurious primary bedroom, showcasing a feature wall with mural and wood accents, a sliding French door, walk-in closet, and an ensuite bathroom complete with radiant floor heating. The large second bedroom is sun-drenched with ample closet storage and attached full bath.. The home has been freshly painted and the hardwood floors beautifully refinished. Convenient additional basement storage and detached covered parking complete this perfect home. Come and enjoy living at the shore with easy access to I-95, restaurants and shopping.

Last Agent to Sell the Property

Lynn Toper

CR Premier Properties License #RES.0807181 Listed on: 04/09/2024

Last Buyer's Agent

Hilary Reid

Coldwell Banker Realty License #RES.0814365

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,081

Year Built

  • Built in 1972

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,756 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Private Company Owned Well
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 1553293

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, insurance
  • 16 Units
  • Property managed by Sound Real Estate Service

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,081

Year Built

Built in 1972

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Neighborhood: Ferry Road
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1756
  • Total Sq Ft: 1756
  • Year Built: 1972
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Park, Shopping/Mall, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • Encumbrances Restrictions: Alterations
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Directions: Ferry Road into the complex on the right side. Drive all the way around the complex until almost the exit and park in front of building A2
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1756
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space, Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Porch-Enclosed, Sidewalk, Porch
  • Exterior Siding: Clapboard
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 1
  • Garage And Parking: Carport, Detached Garage, Unassigned Parking, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Insurance
  • Levels In Unit: 1
  • HOA Fees: 600
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: jgallops@aol.com
  • Property Manager Name: John Gallops
  • Property Manager Phone: (860) 460-8573
  • Property Mgt Company Name: Sound Real Estate Service
  • Total Number of Units In Complex: Lyme Regis

Schools

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

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: r-10
  • Parcel #: 1553293

Rental Info

  • Pets Allowed Info: restrictions
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 16

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5081
  • Total Assessed Value: 216200
  • Mil Rate Total: 23.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 20, 2024
Sold by
Girardin Gail M
Bought by
Bruce and Bruce Margo Reid
Seller's Agent
Lynn Toper
CR Premier Properties
Buyer's Agent
Hilary Reid
Coldwell Banker Realty
List Price
$569,900
Sold Price
$611,000
Premium/Discount to List
$41,100
7.21%
Total Days on Market
1
Views
23
Current Estimated Value
$560,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,046
Avg. Annual Appreciation
-7.82%

Purchase Details

Closed on
Dec 16, 2022
Sold by
Hayes-Feakins Kathryn and Feakins Robert
Bought by
Girardin Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Jacot Jay F
Bought by
Brainerd Stamford H and Brainerd Wendy M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bruce -- None Available
Bruce -- None Available
Girardin Gail M $405,000 None Available
Girardin Gail M $405,000 None Available
Brainerd Stamford H $285,000 --
Brainerd Stamford H $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Girardin Gail M $303,750
Previous Owner Brainerd Stamford H $244,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $611,000 +7.2% $348 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $569,900 -- $325 / 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 $5,275 $216,200 $0 $216,200
2023 $5,081 $216,200 $0 $216,200
2022 $5,081 $216,200 $0 $216,200
2021 $5,037 $216,200 $0 $216,200
2020 $5,016 $216,200 $0 $216,200
2019 $5,730 $255,700 $0 $255,700
2018 $5,602 $255,700 $0 $255,700
2017 $5,561 $255,700 $0 $255,700
2016 $5,421 $255,700 $0 $255,700
2015 $5,273 $255,700 $0 $255,700
2014 $5,196 $264,300 $0 $264,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24008916

SmartMLS

APN: OLYM-000055-000000-000068-000008