NOT LISTED FOR SALE

188 Mile Creek Rd Old Lyme, CT 06371

Estimated Value: $538,439 - $693,000

3 Beds
2 Baths
1,414 Sq Ft
$436/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $417,500 $295 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,709/month

5 Days on Market

Highlights

  • Home fronts a pond
  • 3.67 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of March 2020

Lovely, renovated ranch home situated on a park like, level 3.67 acre lot. A stone wall along the front and a quaint pond make this feel like your own private oasis. Rebuild 2015, included: new well/septic/roof/siding/windows/electric/CAIR/propane warm air heat/on demand water heater. Stunning kitchen with a Verona professional range & stainless steel hood, granite counters and large center island. Hardwood flooring throughout living areas and bedrooms. The deck at back of home, overlooking the private backyard and pond is the perfect place for enjoying the tranquility or entertaining guests. Beach & boat launch approximately one mile away. Live like on vacation all year!

Last Agent to Sell the Property

Sandy Fehrs

Lamacchia Realty License #RES.0795719 Listed on: 01/22/2020

Lamacchia Realty

Last Buyer's Agent

Greg Broadbent

RE/MAX Coast and Country License #REB.0789803

RE/MAX Coast and Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,879

Year Built

  • Built in 1948

Lot Details

  • 3.67 Acre Lot
  • Home fronts a pond
  • Stone Wall
  • Level Lot
  • Property is zoned RU40

Home Design

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

Interior Spaces

  • 1,414 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Workshop
  • Crawl Space

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,879

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1414
  • Public Record Living Room Sq Ft: 1414
  • Total Sq Ft: 1414
  • Year Built: 1948
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2031
  • Directions: Shore Rd to Mile Creek Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Workshop
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 188

Exterior Features

  • Exterior Features: Deck, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • 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: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 3.6700
  • Lot Description: Level Lot
  • Zoning: RU40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4879
  • Total Assessed Value: 217700
  • Mil Rate Base: 22.410
  • Mil Rate Total: 22.410
  • Assessor Parcel Number: 1551123

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 28, 2020
Sold by
Nelson Michael E
Bought by
Marsden Andrew and Marsden Melissa
Seller's Agent
Sandy Fehrs
Lamacchia Realty
Buyer's Agent
Greg Broadbent
RE/MAX Coast and Country
List Price
$425,000
Sold Price
$417,500
Premium/Discount to List
-$7,500
-1.76%
Current Estimated Value
$616,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,610
Avg. Annual Appreciation
7.22%
Original Mortgage
$352,500
Outstanding Balance
$312,778
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$303,332

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 29, 2019
Sold by
Steven M Olderman Ret
Bought by
Nelson Michael E
Seller's Agent
Sandy Fehrs
Lamacchia Realty
Buyer's Agent
Lynn Lehrman
Re/Max Valley Shore
List Price
$414,900
Sold Price
$410,000
Premium/Discount to List
-$4,900
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Olderman Steven
Bought by
Olderman Steven M

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 17, 2016
Sold by
14 Sunrise Llc
Bought by
Olderman Steven
Seller's Agent
Lynn Lehrman
Re/Max Valley Shore
Buyer's Agent
Sandy Fehrs
Lamacchia Realty
List Price
$475,000
Sold Price
$354,500
Premium/Discount to List
-$120,500
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Bank Of America Na
Bought by
14 Sunrise Llc

Purchase Details

Closed on
May 9, 2006
Sold by
Vandersloot Paula
Bought by
Vandersloot Peter

Purchase Details

Closed on
Jan 7, 1999
Sold by
Conroy Matthew J
Bought by
Vandersloot Tr Paula M

Purchase Details

Closed on
Mar 28, 1996
Sold by
Whitaker Malcolm Est
Bought by
Conroy Matthew J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marsden Andrew $417,500 None Available
Nelson Michael E $410,000 --
Olderman Steven M -- --
Olderman Steven $354,500 --
14 Sunrise Llc $169,050 --
Vandersloot Peter $200,000 --
Vandersloot Tr Paula M $154,500 --
Conroy Matthew J $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsden Andrew $352,500
Previous Owner Conroy Matthew J $150,000
Previous Owner Conroy Matthew J $29,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2020 03/03/20 Sold $417,500 -1.8% $295 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $425,000 +3.7% $301 / Sq Ft
06/05/2019 06/05/19 Sold $410,000 -1.2% $250 / Sq Ft View Prior Sale
04/25/2019 04/25/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $414,900 +17.0% $253 / Sq Ft
06/20/2016 06/20/16 Sold $354,500 -25.4% $216 / Sq Ft View Prior Sale
05/15/2016 05/15/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $475,000 -- $290 / 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 $5,272 $324,800 $132,700 $192,100
2024 $4,792 $196,400 $106,400 $90,000
2023 $4,615 $196,400 $106,400 $90,000
2022 $4,615 $196,400 $106,400 $90,000
2021 $4,576 $196,400 $106,400 $90,000
2020 $4,556 $196,400 $106,400 $90,000
2019 $4,879 $217,700 $112,000 $105,700
2018 $4,770 $217,700 $112,000 $105,700
2017 $4,735 $217,700 $112,000 $105,700
2016 $4,558 $215,000 $112,000 $103,000
2015 $3,877 $188,000 $112,000 $76,000
2014 $4,064 $206,700 $112,000 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Sandy Fehrs

    Seller's Agent in 2020

    Sandy Fehrs

    Lamacchia Realty

    (203) 695-1088

    92 Total Sales

    Sandy Fehrs
    Section Image
  • Greg Broadbent

    Buyer's Agent in 2020

    Greg Broadbent

    RE/MAX

    (860) 460-6939

    1 in this area

    445 Total Sales

    Greg Broadbent
    Section Image
  • Lynn Lehrman

    Buyer's Agent in 2019

    Lynn Lehrman

    RE/MAX

    (860) 861-1771

    3 in this area

    55 Total Sales

    Lynn Lehrman
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170265151

SmartMLS

APN: OLYM-000013-000000-000076

Connecticut New London County Old Lyme 06371

188 Mile Creek Rd, Old Lyme, CT

This home is located at 188 Mile Creek Rd, Old Lyme, CT 06371 since 22 January 2020 and is currently estimated at $616,110, approximately $435 per square foot. This property was built in 1948. 188 Mile Creek Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes