NOT LISTED FOR SALE

18 Bailey Rd Old Lyme, CT 06371

Estimated Value: $537,000 - $664,000

3 Beds
2 Baths
1,760 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $475,106 $270 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,815/month

3 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • No HOA
  • Mile Creek School Rated A
  • Attic
  • 2 Car Detached Garage

About This Home

As of July 2021

Everyone who enters will LOVE this home! Unique & Charming Arts & Crafts inspired interior featuring all wood floors, built in bookcases, French doors and open spaces with a 1920's flair accented by an overall craftsmanship quality coupled with the compatible décor. Enjoy one floor living and the layout of this home with your quaint Nantucket style MBR with full bath. Meticulously maintained with an amazing and efficient use of space that flows from the inside to the outside "enchanting" grounds. Meander through the "Secret Gardens", mature trees & shrubs, flower beds and raised bed vegetable gardens all "green thumb" designed on this level piece of land completely fenced in for your total privacy. Relax and enjoy the spectacular park like grounds from your patio with pergola off the comfy/artsy sunporch. There is an 800 sq. ft. 2 car garage with true workshop, a 10' X 15' storage shed and a picturesque potting shed/outbuilding. This is NOT A DRIVE BY and home & property are much larger "in and out". Numerous list of improvements available. Immaculate & Impeccable! Move Right In! Located minutes to Smith Neck Rd town boat launch for canoeing and kayaking AND White Sands Beach for town residents.

Last Agent to Sell the Property

Jackie Nowell

Coldwell Banker Realty License #RES.0502715 Listed on: 05/27/2021

Coldwell Banker Realty

Co-Listed By

Lisa Golebiewski

Coldwell Banker Realty License #RES.0799180

Last Buyer's Agent

Kevin Kennedy

Kennedy Real Estate Solutions License #REB.0757006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 1920

Lot Details

  • 0.55 Acre Lot
  • Level Lot
  • Garden
  • Property is zoned R-20

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • Open Floorplan
  • French Doors
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Detached Garage
  • Tandem Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Enclosed patio or porch
  • Shed

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,556

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1760
  • Public Record Living Room Sq Ft: 1760
  • Total Sq Ft: 1760
  • Year Built: 1920
  • Nearby Amenities: Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4064
  • Directions: Rte 156 to Mile Creek to Bailey. Property on left - Sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: French Doors, Garden Area, Patio, Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem, Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.5500
  • Lot Description: Level Lot, Fence - Privacy, Fence - Wood, Professionally Landscaped
  • Flood Zone: Yes
  • Zoning: R-20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4556
  • Total Assessed Value: 196400
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1552630

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
May 27, 2021
Closed on
Jun 30, 2021
Sold by
Byron George J and Byron Tammy
Bought by
Rutledge Virginia B
Seller's Agent
Jackie Nowell
Coldwell Banker Realty
Buyer's Agent
Kevin Kennedy
Kennedy Real Estate Solutions
List Price
$399,000
Sold Price
$475,106
Premium/Discount to List
$76,106
19.07%
Current Estimated Value
$599,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,901
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Apr 1, 2015
Sold by
Byron George
Bought by
Byron George and Byron Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.75%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Reed Harold and Reed Lorie
Bought by
Byron George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.18%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Brown Sandra
Bought by
Reed Harold and Reed Lorie

Purchase Details

Closed on
Dec 16, 1999
Sold by
Est Bailey Harry and Harris Evelyn B
Bought by
Brown Sandra
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rutledge Virginia B $475,106 None Available
Byron George -- --
Byron George $310,000 --
Reed Harold $215,000 --
Brown Sandra $81,120 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Sandra $50,000
Previous Owner Brown Sandra $125,000
Previous Owner Brown Sandra $50,000
Previous Owner Brown Sandra $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $475,106 +19.1% $270 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $399,000 -- $227 / 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 $6,068 $373,900 $107,300 $266,600
2024 $4,792 $196,400 $73,900 $122,500
2023 $4,615 $196,400 $73,900 $122,500
2022 $4,615 $196,400 $73,900 $122,500
2021 $4,576 $196,400 $73,900 $122,500
2020 $4,556 $196,400 $73,900 $122,500
2019 $4,529 $202,100 $77,800 $124,300
2018 $4,428 $202,100 $77,800 $124,300
2017 $4,396 $202,100 $77,800 $124,300
2016 $4,285 $202,100 $77,800 $124,300
2015 $4,167 $202,100 $77,800 $124,300
2014 -- $199,200 $77,800 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170402479

SmartMLS

APN: OLYM-000044-000000-000025