NOT LISTED FOR SALE

16 Laurel Dr Unit 16 Old Lyme, CT 06371

Estimated Value: $460,000 - $480,000

2 Beds
4 Baths
2,016 Sq Ft
$432/mo HOA Fee

Last Sold November 21, 2016

Last sale price $255,000 $126 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,303/month

50 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • End Unit
  • Mile Creek School Rated A
  • Attic
  • 1 Car Detached Garage

About This Home

As of November 2016

Meticulous and spacious, this desirable end unit with central air has extra square footage and privacy. The open floor plan with newly painted interior and beautiful hardwood floors allows for a seamless transition from dining room to living room and sliders leading to a spacious deck. The walk out lower level has been newly carpeted and has windows and a slider leading to a second private deck. This finished lower level provides an additional 480 square feet and can be used as a family room or 3 bedroom. The large lower level storage room, many closets and detached deep garage make this a winner!

Last Agent to Sell the Property

Martha Quaratella

Coldwell Banker Realty License #RES.0798111 Listed on: 08/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Winnifred Gencarella

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1985

HOA Fees

  • $432 Monthly HOA Fees

Home Design

  • Clap Board Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 1 Car Detached Garage
  • Parking Deck

Schools

  • Pboe Elementary School
  • Lyme -Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Cable TV Available

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include grounds maintenance, snow removal
  • 15 Units
  • Laurel Heights Community
  • Property managed by Signature Prop of NE

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

Built in 1985

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 2016
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 1 to Boggy Hole, right onto Laurel Drive and left at stop sign. Follow to end, unit on the left.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished, Storage, Walk-out
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Upper Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Detached Garage
  • Garages Number: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Water Source: Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal
  • Complex Name: Laurel Heights
  • Levels In Unit: 2
  • HOA Fees: 432
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Melissa Giangrasso
  • Property Mgt Company Name: Signature Prop of NE
  • Property Mgt Phone: 860-639-5811

Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme
  • Intermediate School: Lyme -Old Lyme

Rental Info

  • Pets Allowed Info: see condo docs
  • Lease Purchase: No
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 3347
  • Total Assessed Value: 157900
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1551847

Multi Family

  • Total Num Of Units: 15

MLS Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Nov 22, 2016
Sold by
Harold R Swope
Bought by
Larocque Gregory and Larocque Judith
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Winnifred Gencarella
Coldwell Banker Realty
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Current Estimated Value
$472,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,937
Avg. Annual Appreciation
7.19%
Original Mortgage
$204,000
Outstanding Balance
$166,407
Interest Rate
3.94%
Estimated Equity
$306,530

Purchase Details

Closed on
Jun 11, 2010
Sold by
Est Potter Edward and Finan Paul
Bought by
Swope Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.11%
Source: Public Records

Range of Values:

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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
Larocque Gregory -- --
Swope Harold $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swope Harold $204,000
Closed Swope Harold --
Previous Owner Swope Harold $184,000
Previous Owner Swope Harold $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $255,000 -5.2% $126 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $269,000 -- $133 / 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 $4,353 $268,200 $0 $268,200
2024 $3,889 $159,400 $0 $159,400
2023 $3,746 $159,400 $0 $159,400
2022 $3,746 $159,400 $0 $159,400
2021 $3,714 $159,400 $0 $159,400
2020 $3,698 $159,400 $0 $159,400
2019 $3,539 $157,900 $0 $157,900
2018 $3,460 $157,900 $0 $157,900
2017 $3,434 $157,900 $0 $157,900
2016 $3,347 $157,900 $0 $157,900
2015 $3,256 $157,900 $0 $157,900
2014 $3,289 $167,300 $0 $167,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10158325

SmartMLS

APN: OLYM-000022-000000-000059-000005