NOT LISTED FOR SALE

16 Lee Dr Old Lyme, CT 06371

Estimated Value: $508,000 - $580,000

4 Beds
1.5 Baths
2,145 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $455,000 $212 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,378/month

8 Days on Market

Highlights

  • 0.93 Acre Lot
  • Colonial Architecture
  • Wood Burning Stove
  • Mile Creek School Rated A
  • Deck
  • Attic

About This Home

As of September 2023

A 4 bedroom, 2145 sq. ft. Colonial on .93 beautiful acres of land located in the quaint shoreline town of Old Lyme. This attractive, well-maintained home is located in a lovely neighborhood, on a dead end street, & is part of the Chadwick Farm Acres Subdivision. There are hardwood floors throughout the home which have been refinished & the interior of the house has been freshly painted. The well-kept kitchen has Corian counters, abundance of cabinet space, & a large bow window which looks out over the beautiful back yard. Beside the kitchen is a dining room leading to an extensive living room w/a fireplace. The other side of the kitchen offers a door to the rear yard as well as a large, newly carpeted family room w/a wood-burning stove & sliders that lead outside to the spacious, exterior patio with a convenient mudroom in between. The back yard of this property is so special! In fact, it backs up to wooded land & trails. There is a breezeway from the house to the 2 car garage which comes in handy on those rainy days. Mile Creek School is less than 1 mile away! Soundview & White Sands Beaches are less than 2 miles away! Private Beach Clubs are also available. Don't miss out on this home that seamlessly combines Colonial charm with coastal living in an outstanding neighborhood! New septic system being installed in July 2023! Schedule your showing today and envision the possibilities that await you in this Shoreline town retreat! *HIGHEST AND BEST BY FRIDAY, 8-11-23, NOON.*

Last Agent to Sell the Property

Lisa Rollins Team

Compass Connecticut, LLC License #RES.0766380 Listed on: 07/26/2023

Compass Connecticut, LLC

Last Buyer's Agent

Laureen Kennedy

Coldwell Banker Realty License #RES.0761569

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1964

Lot Details

  • 0.93 Acre Lot
  • Property is zoned RU4

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,145 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Attic
  • Unfinished Basement

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Exterior Lighting
  • Breezeway
  • Rain Gutters
  • Porch

Schools

  • Center Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • 60 Gallon+ Electric Water Heater
  • Private Company Owned Well
  • Shared Well
  • Fuel Tank Located in Basement

Community Details

  • Association fees include water

Listing and Financial Details

  • Assessor Parcel Number 1552806

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1964

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2145
  • Total Sq Ft: 2145
  • Year Built: 1964
  • New Construction: No/Resale
  • Association Amenities: None
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3812
  • Directions: I95 to Exit 70; R on shore Rd. 4.3 mils; L on Mile Creek Rd. 0.3 Miles; R on Chadwick Dr. 0.2 Miles; R on Lee Dr. 0.4 Miles. GPS Friendly.
  • Financing Used: Withheld
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Unfinished
  • Appliances: Electric Cooktop, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Breezeway
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Breezeway, Deck, Gutters, Lighting, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage, Driveway, Paved

Utilities

  • Cooling System: None
  • Heat Type: Hot Air, Wood/Coal Stove
  • Heat Fuel Type: Oil, Wood
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, 65 Gallon Tank, Electric
  • Water Source: Private Well, Shared Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Water
  • HOA Fees: 100
  • HOA Fee Frequency: Quarterly

Lot Info

  • Acres: 0.93
  • Lot Description: In Subdivision Treed
  • Flood Zone: No
  • Zoning: RU4
  • Parcel #: 1552806

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5109

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Mayne Susan T and Mayne James T
Bought by
Delpiano Lara and Mayne Alexander
Current Estimated Value
$553,459

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 15, 2023
Sold by
Mackey Childrens Real Est and Mackey
Bought by
Mayne Susan T and Mayne James T
Seller's Agent
Lisa Rollins Team
Compass Connecticut, LLC
Buyer's Agent
Laureen Kennedy
Coldwell Banker Realty
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$364,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2015
Sold by
Mackey Rosemary A
Bought by
Mackey Rt and Mackey

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mackey Donald F
Bought by
Mackey Rosemary A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delpiano Lara -- None Available
Mayne Susan T $455,000 None Available
Mackey Rt -- --
Mackey Rosemary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayne Susan T $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $455,000 +3.4% $212 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $440,000 -- $205 / 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 $5,174 $318,800 $84,400 $234,400
2024 $5,305 $217,400 $87,000 $130,400
2023 $5,109 $217,400 $87,000 $130,400
2022 $5,109 $217,400 $87,000 $130,400
2021 $5,065 $217,400 $87,000 $130,400
2020 $5,044 $217,400 $87,000 $130,400
2019 $4,657 $207,800 $77,400 $130,400
2018 $4,553 $207,800 $77,400 $130,400
2017 $4,520 $207,800 $77,400 $130,400
2016 $4,405 $207,800 $77,400 $130,400
2015 $4,285 $207,800 $77,400 $130,400
2014 $4,062 $206,600 $77,400 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170584715

SmartMLS

APN: OLYM-000047-000000-000020