NOT LISTED FOR SALE

14 Ferry Rd Unit F1 Old Lyme, CT 06371

Lyme Neighborhood

Estimated Value: $519,000 - $680,000

2 Beds
2 Baths
1,656 Sq Ft
$450/mo HOA Fee

Last Sold September 19, 2018

Last sale price $430,000 $260 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,298/month

18 Days on Market

Highlights

  • 1 Fireplace
  • Heated Enclosed Porch
  • Property is near shops
  • Lyme Consolidated School Rated A-
  • Entrance Foyer
  • Garden

About This Home

As of September 2018

A rare opportunity to purchase a first floor condo in the highly desirable Lyme Regis in the Village of Old Lyme. Located in the back building this lovely unit overlooks the expansive lawn with direct access from the sunroom for sitting or tending your own little patch of garden. The 2 bedroom 2 bath condo features a formal living room with built ins and fireplace, a formal dining room with sliders unto the sunroom and a kitchen overlooking the tranquil expansive view. The laundry is off the kitchen. The large sunroom becomes a gathering place for eating and sitting with its direct access outside. Covered parking and an interior storage room are other included amenities. Lyme Regis is a small condo complex close to shopping, dining, galleries, marinas, and the Lieutenant and Connecticut Rivers. Settle into an easy lifestyle in this beautiful seaside community.

Last Listed By

Judy Schaaf

Coldwell Banker Realty License #RES.0606540 Listed on: 08/08/2018

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,405

Year Built

  • Built in 1972

Lot Details

  • Many Trees
  • Garden

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Heated Enclosed Porch
  • Concrete Flooring
  • Unfinished Basement
  • Shared Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

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

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Shared Well
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 16 Units
  • Lyme Regis Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,405

Year Built

Built in 1972

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 1656
  • Public Record Living Room Sq Ft: 1656
  • Total Sq Ft: 1656
  • Year Built: 1972
  • Nearby Amenities: Golf Course, Library, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Special Assessment Details: periodic assessments for upgrades
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2170
  • Directions: Rte 156 to Ferry Road or Lyme St. to Ferry Road
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Shared Basement, Unfinished, Concrete Floor
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Disposal
  • Additional Rooms: Foyer
  • Laundry Room Location: off the kitchen
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Garden Area, Porch-Heated
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Covered 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

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Complex Name: Lyme Regis
  • Levels In Unit: 2
  • HOA Fees: 450
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Lot Info

  • Lot Description: Level Lot, Treed
  • Flood Zone: No
  • Zoning: FR40

Rental Info

  • Pets Allowed Info: Per pet regulations
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5405
  • Total Assessed Value: 246700
  • Mil Rate Base: 21.910
  • Mil Rate Total: 21.910
  • Assessor Parcel Number: 1553289

Multi Family

  • Total Num Of Units: 16

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
Aug 8, 2018
Closed on
Sep 20, 2018
Sold by
Bates Wells C
Bought by
Obrien G Robert G and Obrien Mary M
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Martha Quaratella
Coldwell Banker Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Total Days on Market
18
Current Estimated Value
$574,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,346

Purchase Details

Closed on
Feb 27, 2003
Sold by
Est Clark Donald N and Goss Donald Y
Bought by
Bates Wells C and Bates Elizabeth C

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
Obrien G Robert G $430,000 --
Bates Wells C $336,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $430,000 -4.4% $260 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $450,000 -- $272 / 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 $7,964 $326,400 $0 $326,400
2023 $7,670 $326,400 $0 $326,400
2022 $7,670 $326,400 $0 $326,400
2021 $7,605 $326,400 $0 $326,400
2020 $7,572 $326,400 $0 $326,400
2019 $5,529 $246,700 $0 $246,700
2018 $5,405 $246,700 $0 $246,700
2017 $5,366 $246,700 $0 $246,700
2016 $5,230 $246,700 $0 $246,700
2015 $5,087 $246,700 $0 $246,700
2014 $5,175 $263,200 $0 $263,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170112597

SmartMLS

APN: OLYM-000055-000000-000068-000004