NOT LISTED FOR SALE

16 Meadowlark Rd Old Lyme, CT 06371

Estimated Value: $846,000 - $1,042,000

5 Beds
3 Baths
3,248 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $475,000 $146 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,135/month

88 Days on Market

Highlights

  • 3.54 Acre Lot
  • Colonial Architecture
  • Attic
  • Lyme Consolidated School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of March 2018

Find this exceptionally efficient and spacious colonial located in Birch Hill. Located just five minutes from the Lyme School elementary, this 5 bedroom, 3 full bath home includes a first floor bedroom with ensuite bath- a perfect guest suite. Enjoy the open kitchen and great room with fireplace that leads out to a spacious deck and level rear yard. A front to back living room and dining room has gorgeous wood floors. A turned staircase leads to four additional second floor bedrooms. Don't miss the walk up, fully floored attic (in master bedroom closet) for great storage. An additional unfinished room over garage is accessed from the family room and the master bedroom. Wonderful area for large exercise studio or home office! You'll also find a walk out basement AND a 3 and a half car garage. Geothermal heating/cooling average cost for heat, cool and electric $178 per month last 18 months!! Combine that with Lyme's exceptionally low taxes! Bring your ideas to this neutral canvas. Awesome space in a wonderful area just 1.5 miles to the Lyme School, 1 mile to Fox Hopyard Golf. 40 minutes to Hartford. 20 minutes to New London/Groton. Terrific home and superb value.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 10/30/2017

Coldwell Banker Realty

Last Buyer's Agent

Julia Rathkey

Coldwell Banker Realty License #RES.0793364

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 2001

Lot Details

  • 3.54 Acre Lot
  • Property is zoned R80

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Basement

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

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Geothermal Heating and Cooling
  • Underground Utilities
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a golf course

Community Details

  • Association fees include snow removal, road maintenance, insurance
  • Birch Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,451

Year Built

Built in 2001

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3248
  • Public Record Living Room Sq Ft: 3248
  • Total Sq Ft: 3248
  • Year Built: 2001
  • Nearby Amenities: Golf Course, Library, Playground/Tot Lot
  • Remarks Public Addendum: Fuel and electric costs are available for review in disclosure packet. Geothermal is exceptionally efficient. Some months run less than $100 for electric lights, heat and central air in summer. Average less than $180 monthly per year. Superb home in need
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Special Assessment Details: $800 toward road paving slated by 2022.
  • Public Record Gross Sq Ft: 8596
  • Directions: Rte. 156 north, left on Norwich Salem Road. 1 mile turn Left on Birch Hill. First left on Meadowlark.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Walk-up, Floored
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Deck, Sidewalk, Underground Utilities
  • Exterior Siding: Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Geothermal
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance, Insurance
  • HOA Fees: 2000
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

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

Green Features

  • Energy Features: Geothermal Heat, Thermopane Windows

Lot Info

  • Acres: 3.5400
  • Lot Description: In Subdivision, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R80
  • Property Info: Planned Unit Development

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7451
  • Total Assessed Value: 408255
  • Mil Rate Total: 18.250
  • Assessor Parcel Number: 2327858

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Mar 5, 2018
Sold by
Clippinger Richard A
Bought by
Mcadams Douglas and Mcadams Stephanie C
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Julia Rathkey
Coldwell Banker Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$954,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,127
Avg. Annual Appreciation
10.75%
Original Mortgage
$475,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Wilt Bilt Homes Inc
Bought by
Hawrilla Susan E and Chippinger Richard A
Source: Public Records

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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
Mcadams Douglas $470,250 --
Hawrilla Susan E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcadams Douglas $617,360
Closed Mcadams Douglas $135,000
Closed Mcadams Douglas $25,300
Closed Hawrilla Susan E $620,600
Closed Mcadams Douglas $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $475,000 -4.8% $146 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $499,000 -- $154 / 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
2024 $8,072 $556,700 $157,700 $399,000
2023 $8,190 $420,000 $113,000 $307,000
2022 $8,379 $420,000 $113,000 $307,000
2021 $2,851 $420,000 $113,000 $307,000
2020 $8,379 $420,000 $113,000 $307,000
2019 $8,233 $412,700 $113,000 $299,700
2018 $7,401 $419,400 $127,200 $292,200
2017 $2,810 $408,255 $116,055 $292,200
2016 $7,451 $408,255 $116,055 $292,200
2015 $7,247 $408,255 $116,055 $292,200
2014 $6,940 $408,255 $116,055 $292,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170028144

SmartMLS

APN: LYME-000022-000000-000020