NOT LISTED FOR SALE

15 Gurley Rd Unit 17 East Lyme, CT 06333

Estimated Value: $340,000 - $394,000

2 Beds
2 Baths
1,752 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $325,000 $186 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,388/month

61 Days on Market

Highlights

  • No HOA
  • Balcony
  • Porch
  • East Lyme Middle School Rated A-
  • Thermal Windows
  • Shed

About This Home

As of April 2023

Great investment or owner-occupied opportunity!! Move right into this two-family duplex home in East Lyme. One side has a long-term month to month tenant and the other side is vacant, enabling a great opportunity for an owner occupant. From the main entrance, each unit has a flight of stairs which leads down to the main living areas including the eat-in kitchen, living room and office or potential 2nd bedroom. The upper level includes the bedroom with 2 walk-in closets and sliders leading out to your own balcony. The full bathroom is also on the upper level. Additional features include electric baseboard heat, new carpets in the vacant unit, new refrigerators in both units, space under the stairs for additional storage and skylights in the foyer. Exterior siding and roof were done approximately 10 years ago. Vacant unit was rented for $1200 a month until August 2022. Gross income of $25,700 includes rent for both units.

Last Listed By

Sue Bowes

RE/MAX on the Bay License #RES.0785271 Listed on: 01/02/2023

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,207

Year Built

  • Built in 1987

Lot Details

  • 0.44 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Shed
  • Porch

Location

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

Schools

  • Flanders Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $25,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,207

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1752
  • Public Record Living Room Sq Ft: 876
  • Total Sq Ft: 1752
  • Year Built: 1987
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2276
  • Directions: Oil Mill Rd to Gurley Rd. House is on the right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic: No
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, Lighting, Porch, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Slab
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Flanders
  • Middle School: East Lyme
  • High School: East Lyme

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.4400
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Multi Family

  • Gross Annual Income: 25700
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4207
  • Total Assessed Value: 176470
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1471590

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Mar 30, 2023
Sold by
Verdone Gary F and Verdone Katheryn A
Bought by
Parker Justin M
Seller's Agent
Sue Bowes
RE/MAX on the Bay
Buyer's Agent
Jason Pollard
Compass Connecticut, LLC
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Total Days on Market
61
Views
332
Current Estimated Value
$357,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,325
Avg. Annual Appreciation
2.87%
Original Mortgage
$308,750
Outstanding Balance
$302,426
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$42,633

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

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
Parker Justin M $325,000 None Available
Parker Justin M $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Justin M $308,750
Closed Parker Justin M $308,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $325,000 +4.8% $186 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $310,000 -6.1% $177 / Sq Ft
01/02/2023 01/02/23 For Sale $330,000 -- $188 / 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 $4,650 $176,470 $80,150 $96,320
2023 $4,391 $176,470 $80,150 $96,320
2022 $4,207 $176,470 $80,150 $96,320
2021 $4,434 $155,540 $76,090 $79,450
2020 $4,411 $155,540 $76,090 $79,450
2019 $4,385 $155,540 $76,090 $79,450
2018 $4,254 $155,540 $76,090 $79,450
2017 $4,069 $155,540 $76,090 $79,450
2016 $4,069 $160,440 $72,100 $88,340
2015 $3,964 $160,440 $72,100 $88,340
2014 $3,855 $160,440 $72,100 $88,340
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: SmartMLS

MLS Number: 170540768

SmartMLS

APN: ELYM-003700-000010