NOT LISTED FOR SALE

16 Hartford Ave Old Lyme, CT 06371

Estimated Value: $466,000 - $618,000

6 Beds
2 Baths
1,670 Sq Ft
$312/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $380,000 $228 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,295/month

40 Days on Market

Highlights

  • Beach Front
  • Deck
  • No HOA
  • Mile Creek School Rated A
  • Attic
  • Walking Distance to Water

About This Home

As of June 2021

Get ready for some Summer Fun!!! This newly remodeled unique Bungalow has many possibilities. Enjoy this as your summer home or as an investment opportunity. Home Featuring 6 bedrooms and 2 full baths, eaten kitchen, living room, deck, outdoor shower, heat for those chilly nights, 7 window units, and more! Walking distance to the beach and quaint shops, beach right to Sound View and passes to Miami beach. Taxes are only $2823.00. Don’t Miss out on this opportunityReady for a fast sale? Start making your income As soon as memorial weekend! Beach rental are hot this year!! Motivated Seller!!!

Last Agent to Sell the Property

Roseanne Scacca

Dan Combs Real Estate License #RES.0787391 Listed on: 03/23/2021

Co-Listed By

Joanne Combs

Dan Combs Real Estate License #RES.0751171

Last Buyer's Agent

Jessica Stanley

Dan Combs Real Estate License #RES.0817182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Property is zoned 12

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,670 Sq Ft Home
  • Crawl Space
  • Oven or Range
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Unpaved Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Sound View
  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1670
  • Public Record Living Room Sq Ft: 1320
  • Total Sq Ft: 1670
  • Year Built: 1930
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 1858
  • Directions: Shore Rd to Hartford Ave.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: 12

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2823
  • Total Assessed Value: 121700
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1555481

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 2, 2021
Sold by
Veneziano Santo and Veneziano Carmella
Bought by
Beaucar Monika A and Beaucar Raymond J
Seller's Agent
Roseanne Scacca
Dan Combs Real Estate
Buyer's Agent
Jessica Stanley
Dan Combs Real Estate
List Price
$529,000
Sold Price
$380,000
Premium/Discount to List
-$149,000
-28.17%
Current Estimated Value
$520,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,437
Avg. Annual Appreciation
7.89%
Original Mortgage
$308,000
Outstanding Balance
$280,067
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,016

Purchase Details

Closed on
Apr 15, 2003
Sold by
Palumbo Jeffrey and Palumbo Joan
Bought by
Veneziano Santo and Veneziano Carmella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.86%

Purchase Details

Closed on
Jul 3, 2001
Sold by
Friske Warren H and Worthen Page A
Bought by
Palumbo Jeffrey T and Palumbo Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.14%
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
Beaucar Monika A $385,000 None Available
Veneziano Santo $162,000 --
Palumbo Jeffrey T $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaucar Monika A $308,000
Previous Owner Veneziano Santo $164,000
Previous Owner Palumbo Jeffrey T $153,900
Previous Owner Palumbo Jeffrey T $129,600
Previous Owner Palumbo Jeffrey T $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $380,000 -5.0% $228 / Sq Ft
04/27/2021 04/27/21 Price Changed $399,900 -6.8% $239 / Sq Ft
04/10/2021 04/10/21 Price Changed $429,000 -10.6% $257 / Sq Ft
04/05/2021 04/05/21 Price Changed $479,900 -9.3% $287 / Sq Ft
03/31/2021 03/31/21 For Sale $529,000 -- $317 / 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 $5,049 $311,100 $172,700 $138,400
2024 $2,969 $121,700 $59,400 $62,300
2023 $2,860 $121,700 $59,400 $62,300
2022 $2,860 $121,700 $59,400 $62,300
2021 $2,836 $121,700 $59,400 $62,300
2020 $2,823 $121,700 $59,400 $62,300
2019 $2,958 $132,000 $59,400 $72,600
2018 $2,892 $132,000 $59,400 $72,600
2017 $2,871 $132,000 $59,400 $72,600
2016 $2,798 $132,000 $59,400 $72,600
2015 $2,722 $132,000 $59,400 $72,600
2014 $2,505 $127,400 $53,100 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170382845

SmartMLS

APN: OLYM-000084-000000-000007