$395,000
SOLD FEB 7, 2017

14 Ferry Rd Unit G2 Old Lyme, CT 06371

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

Recently Sold

$239 Per Sq Ft

1% Below List Price

70 Days on Market

Highlights

  • Health Club
  • Medical Services
  • Attic
  • Lyme Consolidated School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of September 2020

Seaside Village Living! Beautifully renovated one floor condo with light streaming in oversized windows. Great views from the enclosed porch onto extensive open space. Kitchen and baths have been renovated to any buyer's exacting standards. Additional upgrades include installation of hardwood floors, new HVAC and calming neutral interior paint colors. Centrally located in the Old Lyme Village and within a short distance of the Connecticut River, Long Island Sound and I95. Come and immerse yourself in an historic artistic community surrounded by the river and the sound at an incredible price!

Last Agent to Sell the Property

Terry Kemper

Coldwell Banker Realty License #RES.0766534 Listed on: 10/29/2016

Coldwell Banker Realty

Last Buyer's Agent

Emily Knight

Sunset Creek Realty, LLC License #RES.0804625

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1972

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Clap Board Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Shared Basement
  • Crawl Space
  • Basement Storage

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Pboe Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Medical Services

Recreation

  • Health Club
  • Recreation Facilities
  • Putting Green

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,253

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
  • Total Sq Ft: 1656
  • Year Built: 1972
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Private Rec Facilities, Public Trash Pickup
  • Association Amenities: Putting Green, Guest Parking, Health Club, Medical Facilities, Private Rec Facilities
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Lyme Street to Ferry Road, Unit in the back building on the second floor
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Partially Finished, Shared Basement, Storage
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Assigned Parking, Covered Garage, Open
  • Garages Number: 1
  • Total Parking Spaces: 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, Insurance, Property Management, Snow Removal
  • Complex Name: Lyme Regis
  • Levels In Unit: 1
  • HOA Fees: 450
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Rental Info

  • Pets Allowed Info: approval by board
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5253
  • Total Assessed Value: 247800
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1553287

Multi Family

  • Total Num Of Units: 16

MLS Schools

  • Elementary School: PBOE
  • 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
Re/Max Valley Shore
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Current Estimated Value
$531,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,177
Avg. Annual Appreciation
9.03%
Original Mortgage
$336,700
Outstanding Balance
$302,679
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$193,654

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Available
Deed $395,000 --
Executors Deed -- --
Warranty Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Stand Alone Refi Refinance Of Original Loan
Open $336,700 VA
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

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Map

Source: SmartMLS

MLS Number: N10178775

SmartMLS

APN: OLYM-000055-000000-000068-000002