NOT LISTED FOR SALE

14 Ferry Rd Unit G2 Old Lyme, CT 06371

Lyme Neighborhood

Estimated Value: $448,332 - $533,000

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

Last Sold September 04, 2020

Last sale price $325,000 $196 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,678/month

75 Days on Market

Highlights

  • 1 Fireplace
  • End Unit
  • Thermal Windows
  • Lyme Consolidated School Rated A-
  • Recreation Facilities
  • Enclosed patio or porch

About This Home

As of September 2020

Village living at its finest. Tastefully renovated 2 bedroom, 2 bath upper level ranch style unit offers one level living and privacy in highly desirable Lyme Regis. Custom updates include hardwood floors, new kitchen, updated insulation for quiet enjoyment, oversized windows, decorative molding, and interior paint. Handsome foyer, spacious living room with large built in book casing framing the fireplace. The balanced layout and proportionately large rooms allow for easy daily living and elegant entertaining. Access the sun porch via sliders in the formal dining room or the kitchen. Take in the "Lyme Light" that has famously inspired artists for generations. Stroll to fine shops, galleries, museums, the Lieutenant River, and all the Village has to offer. Minutes to beaches and I-95. Centrally located between Boston and NYC.

Last Listed By

Emily Knight

Sunset Creek Realty, LLC License #RES.0804625 Listed on: 06/06/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,863

Year Built

  • Built in 1972

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Clap Board Siding

Interior Spaces

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

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Shared Basement
  • Basement Storage

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

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
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Multiple Entries or Exits
  • End Unit

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,863

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
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Private Rec Facilities, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Association Amenities: Guest Parking, Park, Private Rec Facilities
  • Property Sub Type: Condominium
  • Handicap Features: 32" Minimum Door Widths, Multiple Entries/Exits
  • Direct Waterfront: No
  • End Unit: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Recently paid assessment - new well
  • Public Record Gross Sq Ft: 2170
  • Tax Year Updated Dt: 07/20/2020
  • Directions: 156 or Lyme St > 14 Ferry Rd > Unit is in back in building labeled F & G; unit upstairs on your left. G2.
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Shared Basement, Partially Finished, Interior Access, Storage
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: Dedicated room off kitchen
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Features: Gutters, Porch-Enclosed
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Heat Pump, Hot Air
  • 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, Pest Control, Road Maintenance
  • Complex Name: Lyme Regis
  • Levels In Unit: 1
  • HOA Fees: 500
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Manager Name: Sheila Wacker
  • Property Manager Phone: 860-434-1155

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: FR40

Rental Info

  • Pets Allowed Info: Ask about restrictions
  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4863
  • Total Assessed Value: 209600
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1553287

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
Jun 6, 2020
Closed on
Sep 1, 2020
Sold by
Gesek-Wilmerding Mary E and Wilmerding Austin
Bought by
Vanetten Richard P and Vanetten Geraldine M
Seller's Agent
Emily Knight
Sunset Creek Realty, LLC
Buyer's Agent
Craig Milton
REMAX Valley Shore
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Total Days on Market
75
Current Estimated Value
$496,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,333
Avg. Annual Appreciation
9.33%
Original Mortgage
$336,700
Outstanding Balance
$303,999
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$189,742

Purchase Details

Listed on
Oct 29, 2016
Closed on
Feb 7, 2017
Sold by
Devoe Patricia C and Devoe Wayne E
Bought by
Gesek-Wilmerding Mary E and Wilmerding Austin
Seller's Agent
Terry Kemper
Coldwell Banker Realty
Buyer's Agent
Emily Knight
Sunset Creek Realty, LLC
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.30%

Purchase Details

Listed on
Apr 12, 2012
Closed on
Apr 10, 2013
Sold by
Est Tobin Barbara C and Tobin John C
Bought by
Davoe Wayne E and Davoe Patricia C
Seller's Agent
Laurie Walker
William Pitt Sotheby's Int'l
Buyer's Agent
Laurie Walker
William Pitt Sotheby's Int'l
List Price
$420,000
Sold Price
$340,000
Premium/Discount to List
-$80,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Home in Old Lyme, CT

  • 5 Laurel Dr Unit 5, Old Lyme, CT 06371

    $425,000

    • 2 Beds
    • 2.5 Baths
    • 1,870 Sq Ft
    • 5 Laurel Dr
    • Unit 5
    • Old Lyme, CT

    Secluded tri-level 2 bdrm, 2 1/2 bath townhome along with a detached 1 car garage located in a quaint 15 unit condo complex surrounded by beautifully landscaped grounds. This unit has central air (HVAC- replaced inside and outside units in 2018) it has been freshly painted with new kitchen including all new appliances(2024), 1/2 bath is new, hardwoods floors on 1st floor, 2nd floor and stairs

    Susan Russ CENTURY 21 Shutters & Sails

    Section Image

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
Vanetten Richard P $325,000 None Available
Gesek-Wilmerding Mary E $395,000 --
Davoe Wayne E -- --
Davoe Wayne E $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanetten Richard P $50,000
Open Vanetten Richard P $336,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $325,000 -5.8% $196 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $345,000 -12.7% $208 / Sq Ft
02/07/2017 02/07/17 Sold $395,000 -1.0% $239 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
10/29/2016 10/29/16 For Sale $399,000 0.0% $241 / Sq Ft
01/27/2016 01/27/16 Rented $1,900 0.0% --
01/22/2016 01/22/16 Under Contract -- -- --
01/18/2016 01/18/16 For Rent $1,900 0.0% --
04/12/2013 04/12/13 Sold $340,000 -19.0% $205 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
04/12/2012 04/12/12 For Sale $420,000 -- $254 / 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 $5,114 $209,600 $0 $209,600
2023 $4,926 $209,600 $0 $209,600
2022 $4,926 $209,600 $0 $209,600
2021 $4,884 $209,600 $0 $209,600
2020 $4,863 $209,600 $0 $209,600
2019 $5,553 $247,800 $0 $247,800
2018 $5,429 $247,800 $0 $247,800
2017 $5,390 $247,800 $0 $247,800
2016 $5,253 $247,800 $0 $247,800
2015 $5,110 $247,800 $0 $247,800
2014 $5,418 $275,600 $0 $275,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170299195

SmartMLS

APN: OLYM-000055-000000-000068-000002