NOT LISTED FOR SALE

16 Oak Tree Ln Old Lyme, CT 06371

Estimated Value: $878,000 - $1,124,744

3 Beds
3.5 Baths
2,200 Sq Ft
$470/Sq Ft Est. Value

Last Sold September 13, 2016

Last sale price $605,000 $275 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,431/month

35 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Contemporary Architecture
  • Lyme Consolidated School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of September 2016

Dynamic Views from every spot in this home! Spectacular Rogers Lake Waterfront Embankment Ranch style home. Gutted & Rebuilt! Consisting of over 2200 Sq/Ft of updated living space, 3Brs, 3.5 Full Baths, Hardwoods, Stone Fireplace, Granite, Hardwoods, Cedar Decking, Multiple Patios, 2 Car Garage, Central AC, Full House Auto Generator, Full Walkout Lower Level w/ Separate Kitchen & Terrific In-Law Potential, Amazing Stone Work, Private Dock w/ Superb Water! Priced appropriately @ $649900!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 06/23/2016

William Raveis Real Estate

Last Buyer's Agent

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 06/23/2016

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,644

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Open Floorplan
  • Sound System
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,644

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary, Ranch
  • Total Sq Ft: 2200
  • Year Built: 2000
  • In Law Access: Possible
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Grassy Hill Rd to Blood Street to Oak Tree Lane. Look for sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Fully Finished, Full With Walk-Out, Heated, Liveable Space, Walk-out
  • Interior Amenities: Audio System, Auto Garage Door Opener, Open Floor Plan
  • Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Balcony, Deck, Gutters, Patio, Sidewalk, Underground Sprinkler, Stone Wall, Terrace, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Access, Dock or Mooring, Lake, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Gravel, Private

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3100
  • Lot Description: On Cul-De-Sac, Level Lot, Lightly Wooded, Water View, Fence - Full, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7644
  • Total Assessed Value: 418900
  • Mil Rate Total: 18.250
  • Assessor Parcel Number: 2328003

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 15, 2016
Sold by
Landers Greg A
Bought by
Burke Robert J and Burke Donna L
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Bill Heenan
William Raveis Real Estate
List Price
$649,900
Sold Price
$605,000
Premium/Discount to List
-$44,900
-6.91%
Current Estimated Value
$1,034,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,936
Avg. Annual Appreciation
7.07%
Original Mortgage
$170,000
Outstanding Balance
$137,617
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$965,530

Purchase Details

Closed on
Nov 3, 2003
Sold by
Grumm Godelieve
Bought by
Landers Greg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Gramm Godelieve
Bought by
Labella Renica and Labella Guy
Source: Public Records

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Range of Values:

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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
Burke Robert J $605,000 --
Landers Greg A $560,500 --
Labella Renica $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grumm Godelieve G $170,000
Open Grumm Godelieve G $495,000
Previous Owner Grumm Godelieve G $493,307
Previous Owner Grumm Godelieve G $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2016 09/13/16 Sold $605,000 -6.9% $275 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $649,900 -- $295 / 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 $8,252 $569,100 $286,100 $283,000
2023 $7,652 $392,400 $204,300 $188,100
2022 $7,828 $392,400 $204,300 $188,100
2021 $7,828 $392,400 $204,300 $188,100
2020 $7,828 $392,400 $204,300 $188,100
2019 $7,828 $392,400 $204,300 $188,100
2018 $7,792 $418,900 $222,100 $196,800
2017 $7,645 $418,900 $222,100 $196,800
2016 $7,645 $418,900 $222,100 $196,800
2015 $7,435 $418,900 $222,100 $196,800
2014 $7,121 $418,900 $222,100 $196,800
Source: Public Records

Agents Affiliated with this Home

  • Bill Heenan

    Seller's Agent in 2016

    Bill Heenan

    William Raveis Real Estate

    (860) 850-2697

    4 in this area

    843 Total Sales

    Bill Heenan
    Section Image
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Map

Source: SmartMLS

MLS Number: E10146323

SmartMLS

APN: LYME-000402-000000-000045

Connecticut New London County Old Lyme 06371

16 Oak Tree Ln, Old Lyme, CT

This home is located at 16 Oak Tree Ln, Old Lyme, CT 06371 since 23 June 2016 and is currently estimated at $1,034,936, approximately $470 per square foot. This property was built in 2000. 16 Oak Tree Ln is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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