NOT LISTED FOR SALE

14 Ferry Rd Unit B2 Old Lyme, CT 06371

Estimated Value: $454,368 - $509,000

2 Beds
2 Baths
1,656 Sq Ft
$500/mo HOA Fee

Last Sold January 29, 2020

Last sale price $275,000 $166 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,635/month

285 Days on Market

Highlights

  • Attic
  • 1 Fireplace
  • Walking Distance to Water
  • Lyme Consolidated School Rated A-
  • End Unit
  • 1 Car Detached Garage

About This Home

As of January 2020

Enjoy the quaint village of Old Lyme while being close to I-95 and beaches. This two bedroom, two bath condo offers one floor living with laundry located within the unit. The spacious living room includes a fireplace, dry bar, and built-ins while the dining room has a convenient wet bar and sliders that lead to the four season sun porch. The master bedroom has a dressing room and a full bath. A second full bath accompanies another bedroom. There is also an office with built in book shelves. Included with the unit is a one car detached garage, the bay closest to the unit (#1).

Last Agent to Sell the Property

Craig Milton

Re/Max Valley Shore License #REB.0756400 Listed on: 03/20/2019

Re/Max Valley Shore

Last Buyer's Agent

Kathy Schellens

William Pitt Sotheby's Int'l License #RES.0661877

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,504

Year Built

  • Built in 1972

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Shared Basement
  • Crawl Space
  • Basement Storage

Utilities

  • Central Air
  • Shared Well

Additional Features

  • Walking Distance to Water
  • End Unit

Community Details

Overview

  • 16 Units
  • Lyme Regis Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,504

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Sq Ft Est Heated Above Grade: 1656
  • Public Record Living Room Sq Ft: 1656
  • Total Sq Ft: 1656
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Unit On Floor Number: 2
  • Public Record Gross Sq Ft: 2170
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Exit 70 off I-95, right onto Route 156, left onto Ferry Rd, second floor unit
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Shared Basement, Storage
  • Appliances: Electric Range, Wall Oven, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Siding: Wood
  • Waterfront Description: Association Required, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Assigned Parking
  • Garages Number: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Lyme Regis
  • Levels In Unit: 1
  • HOA Fees: 500
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Lot Description: Level Lot
  • Zoning: FR40

Rental Info

  • Pets Allowed Info: by weight
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5504
  • Total Assessed Value: 245600
  • Mil Rate Base: 22.410
  • Mil Rate Total: 22.410
  • Assessor Parcel Number: 1553286

Multi Family

  • Total Num Of Units: 16

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jan 22, 2020
Sold by
Holz Joanne A and Holz Timothy
Bought by
Kaplan Burton R and Kaplan Shirley A
Seller's Agent
Craig Milton
Re/Max Valley Shore
Buyer's Agent
Kathy Schellens
William Pitt Sotheby's Int'l
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Total Days on Market
285
Current Estimated Value
$488,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,842
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Est Clark G Katherine and Nhetsche Patricia C
Bought by
Hulz Harold A and Hulz Joanne

Purchase Details

Closed on
Jun 9, 2000
Sold by
Francise Anne H and Mcneil Roderick C
Bought by
Clark Gordon E and Kathryn Clark G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

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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
Kaplan Burton R $275,000 None Available
Hulz Harold A $155,000 --
Holz Harold A $155,000 --
Clark Gordon E $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Gordon E $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Sold $275,000 -3.8% $166 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $285,900 -12.0% $173 / Sq Ft
03/20/2019 03/20/19 For Sale $325,000 -- $196 / 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 $5,068 $207,700 $0 $207,700
2023 $4,881 $207,700 $0 $207,700
2022 $4,881 $207,700 $0 $207,700
2021 $4,839 $207,700 $0 $207,700
2020 $4,819 $207,700 $0 $207,700
2019 $5,504 $245,600 $0 $245,600
2018 $5,381 $245,600 $0 $245,600
2017 $5,342 $245,600 $0 $245,600
2016 $5,207 $245,600 $0 $245,600
2015 $5,064 $245,600 $0 $245,600
2014 $5,192 $264,100 $0 $264,100
Source: Public Records

Agents Affiliated with this Home

  • Craig Milton

    Seller's Agent in 2020

    Craig Milton

    RE/MAX

    (860) 388-1228

    3 in this area

    216 Total Sales

    Craig Milton
    Section Image
  • Kathy Schellens

    Buyer's Agent in 2020

    Kathy Schellens

    William Pitt

    (860) 395-4441

    3 in this area

    85 Total Sales

    Kathy Schellens
    Section Image
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Map

Source: SmartMLS

MLS Number: 170174311

SmartMLS

APN: OLYM-000055-000000-000068-000001

Connecticut New London County Old Lyme 06371

14 Ferry Rd Unit B2, Old Lyme, CT

This home is located at 14 Ferry Rd Unit B2, Old Lyme, CT 06371 since 20 March 2019 and is currently estimated at $488,842, approximately $295 per square foot. This property was built in 1972. 14 Ferry Rd Unit B2 is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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