$415,000
SOLD AUG 7, 2024

16 Town Woods Rd Old Lyme, CT 06371

2 Beds
1 Bath
1,253 Sq Ft
2 Acres

Recently Sold

$331 Per Sq Ft

2% Below List Price

60 Days on Market

Highlights

  • Barn
  • 2 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • Home fronts a stream

About This Home

As of August 2024

Mill Brook Farm is sited on approximately two acres and more than 200' along the charming Mill Brook. Waters cross the spillway at the southern end of Rogers Lake creating the Mill Brook. Built in the 1930s, find a quaint, ranch style home in need of extensive renovation along with several barns and outbuildings. The property is a stunning waterfront canvas to create a dream retreat and includes property on the east and west sides of the brook (20 Town Woods.) The property is located minutes from Old Lyme's Florence Griswold Museum, Lyme Art Academy, village schools, galleries and conveniences and just two hours equidistant from NY and Boston. This property is being sold, "as is." The dinner bell calls you home.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/22/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1931

Lot Details

  • 2 Acre Lot
  • Home fronts a stream
  • Garden
  • Property is zoned RU80

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 1,253 Sq Ft Home
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Farming

  • Barn

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1553767

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1253
  • Total Sq Ft: 1253
  • Year Built: 1931
  • New Construction: No/Resale
  • Remarks Public Addendum: Please do not walk the property without an appointment with agent. DO NOT traverse the bridge across the Mill Brook.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Route 1 north. Left on Town Woods. Left side.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1253
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Unfinished, Access Via Hatch
  • Basement Description: Full, Concrete Floor, Full With Hatchway
  • Appliances: None
  • Attic: Yes
  • Street Number Modifier: 16

Exterior Features

  • Exterior Features: Barn, Garden Area
  • Exterior Siding: Shake
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Private Well
  • Sewer: Cesspool

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 2
  • Lot Description: Water View Open Lot
  • Zoning: RU80
  • Parcel #: 1553767

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3090
  • Total Assessed Value: 126650
  • Mil Rate Total: 24.4

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Aug 5, 2024
Sold by
Dean-Frazier Laura and Dean Paul A
Bought by
Hornbake Rodney and Hornbake Deborah B
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
60
Views
215
Current Estimated Value
$419,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,029
Avg. Annual Appreciation
-3.09%
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 Type Sale Price Title Company
Warranty Deed $410,000 None Available
Warranty Deed $410,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $415,000 -2.4% $331 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $425,000 -- $339 / 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 $3,126 $192,600 $105,000 $87,600
2024 $3,090 $126,650 $74,550 $52,100
2023 $2,976 $126,650 $74,550 $52,100
2022 $2,976 $126,650 $74,550 $52,100
2021 $2,951 $126,650 $74,550 $52,100
2020 $2,938 $126,650 $74,550 $52,100
2019 $2,932 $130,820 $78,520 $52,300
2018 $2,866 $130,820 $78,520 $52,300
2017 $2,845 $130,820 $78,520 $52,300
2016 $2,773 $130,820 $78,520 $52,300
2015 $2,698 $130,820 $78,520 $52,300
2014 $2,871 $146,020 $78,520 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24005356

SmartMLS

APN: OLYM-000063-000000-000009