NOT LISTED FOR SALE

18 Oak Rd Old Lyme, CT 06371

Estimated Value: $740,000 - $859,000

3 Beds
3 Baths
1,254 Sq Ft
$631/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $624,100 $498 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,954/month

10 Days on Market

Highlights

  • Beach Front
  • Public Water Access
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Community Basketball Court

About This Home

As of March 2023

Enjoy living in Point O' Woods and all that it offers in the summertime! This 3 bedroom seasonal cottage is charming, and has a water view towards Stanhope Beach! Updated Kitchen, Vinyl wood impression siding, and a new roof! Looking for a larger home? This lot is perfect for expansion! The Association offers so many activities and amenities - boardwalk access to a pristine beach, boat basin for possible slip access, boat launch, pavilion overlooking the playground, tennis courts (and pickleball... there is an annual tournament!), bocce and basketball court.. the active association holds annual ice cream socials, movies on the beach, bands, dinner dance, decorated golf cart parades and so much more! Easy commutes from all cities (Boston, Hartford, New York) Listed just in time for Summer!!

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 01/25/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Mary Poola

William Raveis Real Estate License #REB.0755915

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Beach Front
  • Cleared Lot
  • Property is zoned MDL01

HOA Fees

  • $66 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, snow removal, road maintenance

Recreation

  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,400

Year Built

Built in 1935

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1254
  • Public Record Living Room Sq Ft: 1058
  • Total Sq Ft: 1254
  • Year Built: 1935
  • Association Amenities: Basketball Court, Playground/Tot Lot
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate, Covenant
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1972
  • Directions: Point o'Woods Association, left after bridge on to Hillcrest, left onto Walnut/Oak, straight onto Oak, house on left on the corner of Carrington and Oak.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Appliances: Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Required, Beach, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Sewer assessment with remaining balance of approximately $8,000
  • Sewer Usage Fee Annual: 435

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Snow Removal, Road Maintenance
  • HOA Fees: 788
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1400
  • Lot Description: Cleared, Water View
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MDL01
  • Property Info: Gated Community, Seasonal Property

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5400
  • Total Assessed Value: 229800
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1556056

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 2, 2023
Sold by
Parody Mary E Est
Bought by
Naness Margaret
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Mary Poola
William Raveis Real Estate
List Price
$569,900
Sold Price
$624,100
Premium/Discount to List
$54,200
9.51%
Views
100
Current Estimated Value
$790,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,765
Avg. Annual Appreciation
6.32%
Source: Public Records

Range of Values:

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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
Naness Margaret $624,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $624,100 +9.5% $498 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $569,900 -- $454 / 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 $6,951 $428,300 $252,100 $176,200
2024 $5,607 $229,800 $130,000 $99,800
2023 $5,400 $229,800 $130,000 $99,800
2022 $5,400 $229,800 $130,000 $99,800
2021 $5,354 $229,800 $130,000 $99,800
2020 $5,331 $229,800 $130,000 $99,800
2019 $5,726 $255,500 $160,900 $94,600
2018 $5,598 $255,500 $160,900 $94,600
2017 $5,557 $255,500 $160,900 $94,600
2016 $5,417 $255,500 $160,900 $94,600
2015 $5,268 $255,500 $160,900 $94,600
2014 $5,088 $258,800 $170,200 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170546583

SmartMLS

APN: OLYM-000093-000000-000118