$399,000
SOLD DEC 20, 2024 RENTED JUL 2, 2025

191 Boston Post Rd East Lyme, CT 06333

5 Beds
2.5 Baths
1,725 Sq Ft
0.68 Acres

Recently Sold

$231 Per Sq Ft

69 Days on Market

Highlights

  • Hot Water Circulator
  • East Lyme Middle School Rated A-
  • Hot Water Heating System

About This Home

As of December 2024

Calling All Business Owners & Investors! If You're Looking To Expand Your Business Or Invest In A Desirable & Convenient Location Near Flanders Four Corners Of East Lyme, Now Is Your Chance! Zoned CA-Commercial - For Convenient Neighborhood & Community Oriented Commercial Development, It Benefits From Approximately 7,000 Daily Car Counts, 4-Car Parking Lot, Rt-1 & I-95 Access. This Mixed-Use Property Features 3 Units With 1,725 SF 2 Levels Building Set On .68 Acre, 75' Street Frontage On A High-Traffic Visibility Street For Your Business Signage, Sure To Have Your Business Noticed & Booming Along With Other High Rent Commercial Tenants. Surrounded By Well-Known Businesses, Shopping, Walking Distance To Restaurants, Casinos, Attractions Like Mystic Seaport, Parks & Trails, Beaches, Boating, And More. Nearby Employers Include Pfizer, Electric Boat & Sub Base. PERMITTED USES: Retail, Restaurant, Bakery, Office, Medical, Law Or CPA Firms, Real Estate Or Ins Agencies, Child Care Center, Personal Service. BY SPECIAL PERMIT: Indoor Recreation, Wholesale, Laundromat, Auto Sales, Fast Food, Elderly Housing, Veterinary Clinic, & More. Seller Might Be Open To Selling 189 Boston Post Rd To Combine Two Parcels For Commercial Development. Combined Would Be 1.32 Acre And 150' Street Frontage. The Area Is A Goldmine Experiencing Continuous Retail Development, Ensuring Your Investment Will Appreciate Over Time. This Commercial Property Provides A Solid Foundation For Your Vision. Sold As-Is.

Last Agent to Sell the Property

Michael Truong

eXp Realty License #RES.0794690 Listed on: 10/12/2024

eXp Realty

Last Buyer's Agent

Amy Rubin

RE/MAX Legends License #RES.0804326

RE/MAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1920

Lot Details

  • 0.68 Acre Lot

Home Design

  • 1,725 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • East Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1470635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,962

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1725
  • Total Sq Ft: 1725
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1725
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Unfinished, Full With Walk-Out
  • Attic: No
  • Street Number Modifier: 191

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street, Septic

Schools

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

Lot Info

  • Acres: 0.68
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: CA
  • Parcel #: 1470635

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4962
  • Total Assessed Value: 188300
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Dec 19, 2024
Sold by
Duong Anh
Bought by
725 South Main St Llc
Seller's Agent
Michael Truong
eXp Realty
Buyer's Agent
Amy Rubin
RE/MAX Legends
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Views
39
Current Estimated Value
$403,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,866
Avg. Annual Appreciation
4.80%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $399,000 None Available
Warranty Deed $399,000 None Available
Warranty Deed $399,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Rented $1,700 0.0% --
07/02/2025 07/02/25 Under Contract -- -- --
06/26/2025 06/26/25 Price Changed $1,700 -5.6% $3 / Sq Ft
06/08/2025 06/08/25 For Rent $1,800 -2.7% --
06/07/2025 06/07/25 Rented $1,850 0.0% --
04/18/2025 04/18/25 For Rent $1,850 0.0% --
12/20/2024 12/20/24 Sold $399,000 -0.2% $231 / Sq Ft
10/12/2024 10/12/24 For Sale $399,900 0.0% $232 / Sq Ft
03/16/2018 03/16/18 Rented $950 0.0% --
03/08/2018 03/08/18 For Rent $950 -- --
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 $5,274 $188,300 $83,650 $104,650
2024 $4,962 $188,300 $83,650 $104,650
2023 $4,685 $188,300 $83,650 $104,650
2022 $4,489 $188,300 $83,650 $104,650
2021 $4,893 $171,640 $76,160 $95,480
2020 $4,870 $171,710 $76,160 $95,550
2019 $4,835 $171,500 $76,160 $95,340
2018 $4,691 $171,500 $76,160 $95,340
2017 $4,486 $171,500 $76,160 $95,340
2016 $3,889 $153,370 $55,440 $97,930
2015 $3,790 $153,370 $55,440 $97,930
2014 $3,685 $153,370 $55,440 $97,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24052139

SmartMLS

APN: ELYM-003002-000071