NOT LISTED FOR SALE

16 Hillcrest Rd Old Lyme, CT 06371

Estimated Value: $163,617 - $245,000

0.26 Acre
$718,862 Price per Acre
11,326 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $100,000

Est. 87% increase in value since last sale

Current estimated payment $1,289/month

169 Days on Market

Highlights

  • Beach Access
  • Tennis Courts
  • Many Trees
  • Mile Creek School Rated A
  • Property is near a golf course

About This Lot

As of August 2020

Rare opportunity to purchase a building lot in Point O' Woods year round beach community! This wonderful beach community boasts public water, public sewer, beautiful private sandy beach with views of Long Island Sound, boardwalk, tennis courts, children's playground, library and so much more! Very active association that offers many fun summer activities. Come build your dream home in this charming community!

Last Agent to Sell the Property

Faith Weiss

Coldwell Banker Realty License #RES.0809770 Listed on: 02/24/2020

Coldwell Banker Realty

Co-Listed By

Trish Murphy

Coldwell Banker Realty License #RES.0781701

Last Buyer's Agent

Anne Thurlow

Coldwell Banker Realty License #RES.0798941

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,192

Lot Details

  • 0.26 Acre Lot
  • Many Trees
  • Property is zoned R-10

HOA Fees

  • $23 Monthly HOA Fees

Location

  • Property is near a golf course

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, grounds maintenance, road maintenance, taxes

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Beach Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,192

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Exit 70 from I-95 North to Rte. 156 to Hillcrest Road
  • Special Features: None

Interior Features

  • Street Number Modifier: 16

Exterior Features

  • Waterfront Description: Access, Association Required, Beach Rights, Walk to Water
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 72

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Grounds Maintenance, Road Maintenance, Taxes
  • HOA Fees: 280
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2600
  • Lot Description: In Subdivision, Treed
  • Flood Zone: No
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R-10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2192
  • Total Assessed Value: 94500
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1556113

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 3, 2020
Sold by
Michael H Morgan Ret
Bought by
South Lyme Station Llc
Seller's Agent
Faith Weiss
Coldwell Banker Realty
Buyer's Agent
Anne Thurlow
Coldwell Banker Realty
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Current Estimated Value
$186,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,904
Avg. Annual Appreciation
9.69%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
South Lyme Station Llc $100,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $100,000 -20.0% --
02/24/2020 02/24/20 For Sale $125,000 -- --
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 $2,970 $183,000 $183,000 $0
2024 $2,306 $94,500 $94,500 $0
2023 $2,221 $94,500 $94,500 $0
2022 $2,221 $94,500 $94,500 $0
2021 $2,202 $94,500 $94,500 $0
2020 $2,192 $94,500 $94,500 $0
2019 $2,620 $116,900 $116,900 $0
2018 $2,561 $116,900 $116,900 $0
2017 $2,543 $116,900 $116,900 $0
2016 $2,478 $116,900 $116,900 $0
2015 $2,410 $116,900 $116,900 $0
2014 $2,432 $123,700 $123,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Faith Weiss

    Seller's Agent in 2020

    Faith Weiss

    Coldwell Banker Realty

    (860) 798-0157

    9 in this area

    47 Total Sales

    Faith Weiss
    Section Image
  • Trish Murphy

    Seller Co-Listing Agent in 2020

    Trish Murphy

    Coldwell Banker Realty

    (860) 508-2737

    135 Total Sales

    Trish Murphy
    Section Image
  • Anne Thurlow

    Buyer's Agent in 2020

    Anne Thurlow

    Coldwell Banker Realty

    (860) 460-2740

    13 in this area

    74 Total Sales

    Anne Thurlow
    Section Image
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Map

Source: SmartMLS

MLS Number: 170275222

SmartMLS

APN: OLYM-000095-000000-000003

Connecticut New London County Old Lyme 06371

16 Hillcrest Rd, Old Lyme, CT

This home is located at 16 Hillcrest Rd, Old Lyme, CT 06371 since 24 February 2020 and is currently estimated at $186,904. 16 Hillcrest Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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