NOT LISTED FOR SALE

15 Laurel Dr Unit 15 Old Lyme, CT 06371

Estimated Value: $446,000 - $531,000

2 Beds
4 Baths
1,872 Sq Ft
$531/mo HOA Fee

Last Sold September 19, 2023

Last sale price $435,000 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,418/month

Highlights

  • Open Floorplan
  • Covered Deck
  • Community Garden
  • Mile Creek School Rated A
  • Attic
  • Thermal Windows

About This Home

As of September 2023

Step into this freshly painted and inviting condo nestled within a quiet and secluded 15-unit association. Embrace the coastal charm of Old Lyme, where local ocean and lake beaches are minutes away. Upon entering, you'll be captivated by the stunning kitchen and remodeled half bath, guiding you towards the open floor plan of the dining and living room and onto your own private deck with serene views of the tranquil woods. Stunning Hardwood floors add an elegant touch throughout this remarkable townhouse, creating a seamless flow from one space to another. A gorgeous hardwood staircase leads to the upper level with a primary bedroom suite with full bath and a second bedroom and another full bath. The lower level is an ideal area for relaxation and entertainment, featuring a finished family room adorned with beautiful laminate floors. Step out onto the lower private deck and bask in the tranquility of your surroundings. This level also offers an exercise room and a spacious unfinished area for all your storage needs. This unit includes a one-car garage as well as additional parking spaces for you and your guests. Meticulous care has been taken to enhance this condo, including the installation of a new central A/C and heating system in 2019, along with newer slider, storm door, hot water tank, and lighting fixtures. Embrace a lifestyle of comfort, convenience, and beauty. Make this meticulously maintained condo your own and start enjoying the best of coastal living in Old Lyme.

Last Agent to Sell the Property

Tony Walstra

William Pitt Sotheby's Int'l License #RES.0800310 Listed on: 07/10/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Brianne Decio

RE/MAX on the Bay License #RES.0823748

RE/MAX on the Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1985

HOA Fees

  • $531 Monthly HOA Fees

Home Design

  • Frame Construction
  • Ridge Vents on the Roof
  • Clap Board Siding

Interior Spaces

  • Open Floorplan
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Parking

  • 1 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Covered Deck

Location

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

Schools

  • Lyme-Old Lyme High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1551848

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, sewer, property management, road maintenance
  • 15 Units
  • Property managed by SignatureProperties of NE

Pet Policy

  • Pets Allowed

Additional Features

  • Community Garden
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,471

Year Built

Built in 1985

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1440
  • Sq Ft Est Heated Below Grade: 432
  • Total Sq Ft: 1872
  • Year Built: 1985
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Library, Shopping/Mall, Tennis Courts
  • Association Amenities: Gardening Area, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 2812
  • Directions: Route 1 to Boggy Hole Road. Laurel Heights on the right in approximately 1/2 mile. Enter complex and turn first left.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1440
  • Spec Assoc Asses: Yes
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Room Count: 12
  • Total Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Fully Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Cook Top, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Covered Deck, Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, 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, Sewer, Property Management, Road Maintenance
  • Levels In Unit: 3
  • HOA Fees: 531
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Email: propertymgmt@propertiesct.com
  • Property Manager Name: Paul Bellenoit
  • Property Manager Phone: 860-639-5811
  • Property Mgt Company Name: SignatureProperties of NE
  • Property Mgt Phone: 860-639-5811
  • Total Number of Units In Complex: Laurel Heights

Schools

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

Green Features

  • Energy Features: Ridge Vents, Storm Doors, Thermopane Windows

Lot Info

  • Lot Description: Secluded Lightly Wooded
  • Zoning: RU80
  • Parcel #: 1551848

Rental Info

  • Pets Allowed Info: See Condo Rules
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 15

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3471
  • Total Assessed Value: 147700
  • Mil Rate Total: 23.5

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
Jul 10, 2023
Closed on
Sep 19, 2023
Sold by
Lafrennie David and Lafrennie Denise
Bought by
Morano-Condon Michelle
Seller's Agent
Tony Walstra
William Pitt Sotheby's Int'l
Buyer's Agent
Brianne Decio
RE/MAX on the Bay
List Price
$429,900
Sold Price
$435,000
Premium/Discount to List
$5,100
1.19%
Views
24
Current Estimated Value
$481,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,124
Avg. Annual Appreciation
5.04%
Original Mortgage
$274,000
Outstanding Balance
$268,189
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,935

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 17, 2017
Sold by
Sanchez Loraine D
Bought by
Lafrennie David and Lafrennie Denise
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Tony Walstra
William Pitt Sotheby's Int'l
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$200,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Sattler Catherine A
Bought by
Loraine D Sanchez Ret

Purchase Details

Closed on
Nov 18, 1996
Sold by
Mccawley Dorothy and Marks Clement E
Bought by
Garratt Stephen M
Source: Public Records

Range of Values:

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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
Morano-Condon Michelle $435,000 None Available
Lafrennie David $250,000 --
Loraine D Sanchez Ret $265,000 --
Garratt Stephen M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morano-Condon Michelle $274,000
Previous Owner Garratt Stephen M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $435,000 +1.2% $232 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $429,900 +72.0% $230 / Sq Ft
10/13/2017 10/13/17 Sold $250,000 -2.0% $134 / Sq Ft View Prior Sale
10/03/2017 10/03/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $255,000 -- $136 / 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 $4,046 $249,300 $0 $249,300
2024 $3,604 $147,700 $0 $147,700
2023 $3,471 $147,700 $0 $147,700
2022 $3,471 $147,700 $0 $147,700
2021 $3,441 $147,700 $0 $147,700
2020 $3,427 $147,700 $0 $147,700
2019 $3,276 $146,200 $0 $146,200
2018 $3,203 $146,200 $0 $146,200
2017 $3,180 $146,200 $0 $146,200
2016 $3,099 $146,200 $0 $146,200
2015 $3,015 $146,200 $0 $146,200
2014 $3,102 $157,800 $0 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170582667

SmartMLS

APN: OLYM-000022-000000-000059-000006