NOT LISTED FOR SALE

18 Oak St Old Lyme, CT 06371

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

3 Beds
1 Bath
1,608 Sq Ft
$492/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $189,000 $118 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $4,899/month

24 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Wetlands on Lot
  • 1 Car Detached Garage

About This Home

As of March 2018

This compact, efficient and practical ranch, within Lyme Sandy Beach Assn. offers an affordable Lyme living opportunity. There is a combination living room/dining room area that is open to the kitchen. Two traditional bedrooms, with a third "pass through" bedroom. The lower level is partially finished into a family room type space, with a fireplace and passive heat. A convenient walk out basement leads to a covered patio and the back yard. The one car garage has an attached storage shed. Owners and guests have deeded rights to the Sandy Beach Assn for lake front enjoyment. Boat launch for Rogers Lake is nearby for added summer fun. Enjoy the four seasons of a lake community.

Last Agent to Sell the Property

Paul Smyth

William Pitt Sotheby's Int'l License #RES.0641745 Listed on: 01/08/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Steve Schappert

Connecticut Real Estate License #REB.0791416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1965

Lot Details

  • 0.58 Acre Lot
  • Lake Front
  • Sloped Lot
  • Property is zoned RU40

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Private Driveway

Accessible Home Design

  • Grab Bar In Bathroom
  • Exterior Wheelchair Lift
  • Chairlift

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Wetlands on Lot
  • Patio
  • Shed

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

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

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,559

Year Built

Built in 1965

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1008
  • Public Record Living Room Sq Ft: 1008
  • Sq Ft Est Heated Below Grade: 600
  • Total Sq Ft: 1608
  • Year Built: 1965
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall
  • Handicap Features: Bath Grab Bars, Chair Lift
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2100
  • Directions: Grassy Hill Rd to Avenue B to Oak St. Or Grassy Hill Rd to Blood St to Oak Street.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Washer, Electric Dryer
  • Attic: No
  • Street Number Modifier: 18

Exterior Features

  • Exterior Features: Patio, Shed
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Crushed Stone

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 135
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.5800
  • Lot Description: Some Wetlands, Sloping Lot
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 2559
  • Total Assessed Value: 140200
  • Mil Rate Base: 18.250
  • Mil Rate Total: 18.250
  • Tax District Amount: 135
  • Assessor Parcel Number: 1522086

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Parody Mary E Est
Bought by
Naness Margaret
Current Estimated Value
$790,865
Source: Public Records

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 Buyer Sale Price Title Company
Naness Margaret $624,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $189,000 0.0% $118 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $189,000 -3.1% $118 / Sq Ft
01/08/2018 01/08/18 For Sale $195,000 -- $121 / 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: 170042302

SmartMLS

APN: OLYM-000093-000000-000118