NOT LISTED FOR SALE

18 Homestead Cir Old Lyme, CT 06371

Estimated Value: $403,000 - $472,757

3 Beds
1 Bath
1,147 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $230,000 $201 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,570/month

61 Days on Market

Highlights

  • River Front
  • Deck
  • Ranch Style House
  • Mile Creek School Rated A
  • Property is near public transit
  • Attic

About This Home

As of July 2020

This home offers amazing views to the Black Hall River. Views from every room in the house. Enjoy the ever changing seasonal views and sounds of nature. Enjoy kayaking, paddle boarding, catching blue crabs, boats, photography, grilling on the deck, going for walks on this cup-de-sac neighborhood or take a ride a mile and half to the private towns beach. This ranch has 3 bedrooms and 1 bathroom, master bedroom has beautiful vaulted ceilings. hardwood and tile floors. Laundry hookups in basement. 1 car garage under house, paved driveway and shed in back. Flood insurance is transferable and around $740.00 a year.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 05/01/2020

RE/MAX on the Bay

Last Buyer's Agent

Angela Ruel

Berkshire Hathaway NE Prop. License #RES.0761742

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1949

Lot Details

  • 0.4 Acre Lot
  • River Front
  • Level Lot
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,147 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Water Views
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Deck

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1147
  • Public Record Living Room Sq Ft: 1147
  • Total Sq Ft: 1147
  • Year Built: 1949
  • Nearby Amenities: Basketball Court, Bocci Court, Commuter Bus, Golf Course, Library, Park
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2461
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Rte 156 (Shore Road) to Homestead Circle. Follow to back of neighborhood
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Heated, Interior Access, Garage Access
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Laundry Room Location: basement
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Dock or Mooring, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Passive Solar

Lot Info

  • Acres: 0.4000
  • Lot Description: In Flood Zone, Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3202
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1552708

MLS Schools

  • Elementary School: Mile Creek
  • 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 1, 2020
Closed on
Jul 31, 2020
Sold by
Moody Patricia A
Bought by
Himes Jennifer V
Seller's Agent
The Bowes Team
RE/MAX on the Bay
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$430,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,189
Avg. Annual Appreciation
12.39%
Original Mortgage
$223,100
Outstanding Balance
$198,271
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$231,918

Purchase Details

Closed on
May 26, 2009
Sold by
Langhey Richard
Bought by
Moody Patricia and Cumming Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2007
Sold by
Labriola Daniel and Labriola Susan
Bought by
Langley Richard

Purchase Details

Closed on
Apr 11, 1995
Sold by
Sheridan Helen I
Bought by
Labriola Daniel T and Lolriola Susan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Himes Jennifer V $230,000 None Available
Moody Patricia $249,000 --
Langley Richard $230,000 --
Labriola Daniel T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Himes Jennifer V $223,100
Previous Owner Labriola Daniel T $190,100
Previous Owner Labriola Daniel T $199,200
Previous Owner Labriola Daniel T $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $230,000 +2.2% $201 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $225,000 -2.2% $196 / Sq Ft
05/08/2020 05/08/20 Off Market $230,000 -- --
05/08/2020 05/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $225,000 -- $196 / 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 $3,756 $231,400 $102,200 $129,200
2024 $3,367 $138,000 $70,300 $67,700
2023 $3,243 $138,000 $70,300 $67,700
2022 $3,243 $138,000 $70,300 $67,700
2021 $3,215 $138,000 $70,300 $67,700
2020 $3,202 $138,000 $70,300 $67,700
2019 $3,545 $158,200 $74,000 $84,200
2018 $3,466 $158,200 $74,000 $84,200
2017 $3,121 $143,500 $74,000 $69,500
2016 $3,042 $143,500 $74,000 $69,500
2015 $2,959 $143,500 $74,000 $69,500
2014 $3,008 $153,000 $74,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170292337

SmartMLS

APN: OLYM-000045-000000-000039