NOT LISTED FOR SALE

14 Ferry Rd Unit G1 Old Lyme, CT 06371

Lyme Neighborhood

Estimated Value: $543,000 - $706,000

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

Last Sold October 30, 2017

Last sale price $450,000 $272 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,431/month

24 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Thermal Windows
  • Lyme Consolidated School Rated A-
  • 1 Car Detached Garage
  • Enclosed patio or porch

About This Home

As of October 2017

Rare opportunity to purchase 1st floor condo in highly desirable Lyme Regis. Wood burning fireplace surrounded by built-ins is the focal point of the lovely, large living room that graciously greets you as step out of your spacious entry foyer. Roomy kitchen with pantry and laundry is conveniently located off the dining room and enclosed porch, giving the homeowner options for entertaining or eating. A wet bar compliments the dining room. Two bedrooms are separated by a full bath, but an additional bath and walk-in closet are part of the master suite. The rear of this unit overlooks a private, expansive and tranquil lawn. A shared basement with private storage is available through interior access. Open parking and an assigned garage are additional amenities provided. Located in the heart of Old Lyme, Lyme Regis is close to shopping, a library, medical care, outdoor activities and Rte I-95. Only 2 hours from Boston or New York

Last Listed By

Julia Rathkey

Coldwell Banker Realty License #RES.0793364 Listed on: 09/22/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,366

Year Built

  • Built in 1972

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Concrete Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Shared Basement

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Property is near a golf course

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,366

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
  • Style: Ranch
  • 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, Health Club, Library, Medical Facilities, Paddle Tennis, Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2170
  • Directions: Rte 156 to Ferry Rd, or Lyme St to Ferry Rd
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Shared Basement, Concrete Floor, Interior Access
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Refrigerator, Dishwasher, Disposal, Washer, Electric Dryer
  • Additional Rooms: Foyer
  • Laundry Room Location: 1st Floor
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Clapboard
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Complex Name: Lyme Regis
  • Levels In Unit: 1
  • HOA Fees: 450
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Unit Owners Association

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

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

Rental Info

  • Pets Allowed Info: Pets need Board approval
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5366
  • Total Assessed Value: 246700
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1553296

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
Sep 22, 2017
Closed on
Oct 30, 2017
Sold by
Smith Peter N Est
Bought by
Hamilton Martina
Seller's Agent
Julia Rathkey
Coldwell Banker Realty
Buyer's Agent
Julia Rathkey
Coldwell Banker Realty
List Price
$399,000
Sold Price
$450,000
Premium/Discount to List
$51,000
12.78%
Total Days on Market
24
Current Estimated Value
$598,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,425

Purchase Details

Closed on
Dec 3, 1999
Sold by
Est Pattee Dorothy M and Moore Paul H
Bought by
Smith Peter N

Purchase Details

Closed on
Nov 30, 1995
Sold by
Est Bryant William C and Seckla Diana
Bought by
Dill Dorothy M and Dill William L

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
Hamilton Martina $450,000 --
Smith Peter N $295,000 --
Dill Dorothy M $285,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $450,000 +12.8% $272 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $399,000 -- $241 / 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 $5,133 $261,100 $0 $261,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170016109

SmartMLS

APN: OLYM-000055-000000-000068-000011