NOT LISTED FOR SALE

18 Katherine Rd Old Lyme, CT 06371

Estimated Value: $545,000 - $709,000

3 Beds
1 Bath
960 Sq Ft
$653/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $480,000 $500 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,732/month

17 Days on Market

Highlights

  • Waterfront
  • 0.91 Acre Lot
  • Ranch Style House
  • Mile Creek School Rated A
  • Deck
  • Attic

About This Home

As of February 2022

Enjoy water views, bird watching and historic Old Lyme while living in this tastefully remodeled ranch on nearly an acre of land. ‘Chasing sunsets’ offers privacy & tranquility within a quaint neighborhood near the Great Island Wildlife Area with accessible walking trails to the Elizabeth B. Karter Watch Rock Preserve. You can’t help but to feel drawn to the outdoors. Only a mile from all that historic Old Lyme has to offer, and less than 2 miles from I-95, this home sits conveniently between both New York City and Boston. Boasting 3 bedrooms and 1 full bathroom, this 960 sq. ft. gem feels bright and open with oversized windows and vaulted ceilings. The custom kitchen, complete with granite counters, new cabinetry, stainless appliances, and custom backsplash, is absolutely beautiful. Epoxy finished cement floors make for easy maintenance, along with the composite deck, brand new 10’ x 14’ storage shed, and newly installed high efficiency forced hot air and central air system. Drop your kayaks into the water and soak in the gorgeous sunsets.

Last Agent to Sell the Property

Nathan Cholewa

Kazantzis Real Estate, LLC License #RES.0807423 Listed on: 12/17/2021

Last Buyer's Agent

Nathan Cholewa

Kazantzis Real Estate, LLC License #RES.0807423 Listed on: 12/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1964

Lot Details

  • 0.91 Acre Lot
  • Waterfront
  • Open Space
  • Level Lot
  • Property is zoned R-10

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Water Views
  • Pull Down Stairs to Attic
  • Smart Locks

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Smart Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Deck
  • Private Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Shed

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,530

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 960
  • Public Record Living Room Sq Ft: 960
  • Total Sq Ft: 960
  • Year Built: 1964
  • Nearby Amenities: Basketball Court, Golf Course, Library, Park, Playground/Tot Lot, Private School(s), Shopping/Mall, Tennis Courts
  • Remarks Public Addendum: Agent related to seller
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1128
  • Directions: GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Appliances, Lock(s)
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Deck, Lighting, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, Access, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Central Air, Heat Pump
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • 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
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Programmable Thermostat, Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.9100
  • Lot Description: In Subdivision, Water View, Borders Open Space, Level Lot
  • Flood Zone: Yes
  • Zoning: R-10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3530
  • Total Assessed Value: 151500
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1552825

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2023
Sold by
Johnson Jermain
Bought by
Jermain Buffum Johnson Re and Johnson
Current Estimated Value
$626,864

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 16, 2022
Sold by
Cholewa Dannie J and Cholewa Terry D
Bought by
Johnson Jermain
Seller's Agent
Nathan Cholewa
Kazantzis Real Estate, LLC
Buyer's Agent
Nathan Cholewa
Kazantzis Real Estate, LLC
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$384,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1997
Sold by
Anton Manuel B Est and Anton
Bought by
Galeotti Raymond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jermain Buffum Johnson Re -- None Available
Jermain Buffum Johnson Re -- None Available
Johnson Jermain $480,000 None Available
Johnson Jermain $480,000 None Available
Galeotti Raymond S $100,000 --
Galeotti Raymond S $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jermain $384,000
Previous Owner Galeotti Raymond S $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $480,000 -2.0% $500 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $489,900 -- $510 / 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 $4,749 $292,600 $129,600 $163,000
2024 $4,253 $174,300 $89,600 $84,700
2023 $4,096 $174,300 $89,600 $84,700
2022 $4,096 $174,300 $89,600 $84,700
2021 $3,530 $151,500 $89,600 $61,900
2020 $3,503 $151,000 $89,600 $61,400
2019 $4,509 $157,600 $94,300 $63,300
2018 $3,453 $157,600 $94,300 $63,300
2017 $3,428 $157,600 $94,300 $63,300
2016 $3,341 $157,600 $94,300 $63,300
2015 $3,250 $157,600 $94,300 $63,300
2014 $3,311 $168,400 $94,300 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170457483

SmartMLS

APN: OLYM-000048-000000-000002