NOT LISTED FOR SALE

14 Miami Ave Old Lyme, CT 06371

Estimated Value: $590,128 - $658,000

3 Beds
1.5 Baths
1,044 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $483,500 $463 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,952/month

4 Days on Market

Highlights

  • Beach Front
  • Public Water Access
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • 1 Fireplace

About This Home

As of July 2021

COME SEE THIS PERFECT TURN KEY SHORELINE GET AWAY! You will love this totally renovated, year round home. Be a part of the private Miami Beach Association and relax on the private sandy beach with pristine waters along the Connecticut shoreline. Enjoy the oversized deck and expansive flat yard, perfect for entertaining guests. The yard also includes a large storage shed for your toys and outdoor shower. Step into the light filled home with an open functional layout featuring a brand new kitchen with stainless steel appliances, and a large center island with breakfast bar. The living room has a warm gas fireplace for the cooler nights, and the dining room has plenty of room for family and friends. The master bedroom has a high ceiling and a large walk in closet with additional attic storage. New carpet and ceiling fans are found in all the bedrooms along with new prefinished distressed wood floors throughout the main living areas. Both bathrooms are tastefully done, a granite counter in the full bath and washer/dryer in the half bath. The full basement with outside access includes the oil tank, sump pump, and an abundance of room for storage. Brand new asphalt architectural roof added within less than a year. In addition, a new forced air furnace has been installed within the last six months. Conveniently located close to I95 and train station. A MUST SEE!

Last Agent to Sell the Property

Brian Egan

Perrella Realty License #RES.0819313 Listed on: 06/01/2021

Last Buyer's Agent

Annie Dillon

William Raveis Real Estate License #RES.0756750

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Public Water Access

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,243

Year Built

Built in 1946

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: Miami Beach
  • Property Type: Single Family For Sale
  • Style: Ranch, Bungalow
  • Sq Ft Est Heated Above Grade: 1044
  • Public Record Living Room Sq Ft: 824
  • Total Sq Ft: 1044
  • Year Built: 1946
  • Remarks Public Addendum: Listing agent related to the seller.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2264
  • Directions: On weekends enter on Flagler Ave.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Hatchway
  • Appliances: Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Attic: Yes
  • Street Number Modifier: 14

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Required, Beach, Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Zoning: RES

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4243
  • Total Assessed Value: 182900
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1555425

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
Jun 1, 2021
Closed on
Jul 16, 2021
Sold by
Eagan Keith B
Bought by
Mellitt Daniel and Mellitt Kristen
Seller's Agent
Brian Egan
Perrella Realty
Buyer's Agent
Annie Dillon
William Raveis Real Estate
List Price
$489,900
Sold Price
$483,500
Premium/Discount to List
-$6,400
-1.31%
Current Estimated Value
$630,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,532
Avg. Annual Appreciation
6.60%
Original Mortgage
$295,000
Outstanding Balance
$269,061
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,971

Purchase Details

Closed on
Nov 18, 2019
Sold by
Egan Brenda A
Bought by
Egan Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 11, 2015
Closed on
Oct 1, 2015
Sold by
Galipeau Lynne
Bought by
Egan Brenda A and Egan Keith B
Seller's Agent
Cheryl Cook
Re/Max Valley Shore
Buyer's Agent
Charlyn Houston Montie
Hayward Properties
List Price
$283,500
Sold Price
$245,000
Premium/Discount to List
-$38,500
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$171,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Licitra Joseph and Fitch Camille
Bought by
Galipeau Lynne
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
Mellitt Daniel $483,500 None Available
Egan Keith B -- --
Egan Brenda A $245,000 --
Galipeau Lynne $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellitt Daniel $295,000
Previous Owner Egan Brenda A $245,500
Previous Owner Galipeau Lynne $171,500
Previous Owner Galipeau Lynne $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $483,500 -1.3% $463 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $489,900 +1.3% $469 / Sq Ft
06/01/2021 06/01/21 Off Market $483,500 -- --
09/30/2015 09/30/15 Sold $245,000 -13.6% $245 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $283,500 -- $284 / 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
2025 $5,799 $357,300 $229,200 $128,100
2024 $4,485 $183,800 $126,000 $57,800
2023 $4,319 $183,800 $126,000 $57,800
2022 $4,319 $183,800 $126,000 $57,800
2021 $4,283 $183,800 $126,000 $57,800
2020 $4,243 $182,900 $126,000 $56,900
2019 $4,551 $203,100 $141,800 $61,300
2018 $4,450 $203,100 $141,800 $61,300
2017 $4,417 $203,100 $141,800 $61,300
2016 $4,306 $203,100 $141,800 $61,300
2015 $4,188 $203,100 $141,800 $61,300
2014 $3,869 $196,800 $120,900 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170405631

SmartMLS

APN: OLYM-000083-000000-000086