NOT LISTED FOR SALE

2 Hickory St Old Lyme, CT 06371

Estimated Value: $464,000 - $518,571

2 Beds
2 Baths
1,152 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $295,000 $256 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,960/month

2 Days on Market

Highlights

  • Beach Front
  • Detached Guest House
  • Deck
  • Lyme Consolidated School Rated A-
  • Open Floorplan
  • 1 Fireplace

About This Home

As of March 2016

Live large in this "not so big" lake house with unobstructed water views and complete with separate guest cottage. Flip flop living with 2 BRs in the lower level and full bath allow for great main level lake views! Here you'll find a grand great room, kitchen with breakfast bar and wall of glass looking out to a large deck and lake. To complete the main level, find a gorgeous tiled full bath and an outside shower. Where will you put the guests? A well landscaped, brick courtyard leads to a studio guest cottage (or spectacular home office, studio, etc.) complete with vaulted ceilings, complete with kitchenette and full bath. This is the ultimate lake house located directly across the street from Sandy Beach Assn. access. 12 steps lead you to never ending fun. Extensively remodeled, this house is completely turnkey. Summer 2016 will be your best ever!

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 01/16/2016

Coldwell Banker Realty

Last Buyer's Agent

Vivian Senft

Coldwell Banker Realty License #RES.0765512

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Beach Front
  • Lake Front
  • Corner Lot
  • Garden

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Shake Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Storage In Attic
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Homes

  • Detached Guest House

Schools

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

Utilities

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

Community Details

  • Association fees include insurance, lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1950

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Bungalow
  • Total Sq Ft: 1152
  • Year Built: 1950
  • Nearby Amenities: Lake
  • In Law Access: Detached
  • In Law Apartment: Yes
  • Easements Right Of Way: see deed Sandy Beach
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Note: Rte. 1 N, Left on Grassy Hill Rd. Left on Avenue B. Right on Oak. Driveway is on your left-corner of Oak/Hickory. Property runs between Hickory/Oak. Park in the Oak Street drive and enter through the gate.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full, Heated, Partially Finished, Sump Pump
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Deck, Garden Area, Guest House, Patio, Porch
  • Exterior Siding: Shake, Shingle
  • Waterfront Description: Access, Association Optional, Beach, Beach Rights, Lake, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Garages Number: 4
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • Association Fee Includes: Insurance, Lake/Beach Access
  • HOA Fees: 135
  • HOA Fee Frequency: Annually
  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: Corner Lot, Water View, Fence - Partial

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 4551
  • Total Assessed Value: 256400
  • Mil Rate Total: 17.750
  • Assessor Parcel Number: 1522366

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
Mar 15, 2016
Sold by
Thomas 3Rd Joseph E and Thomas Jennifer S
Bought by
Ososkie John J and Melgey Evelyn D
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Vivian Senft
Coldwell Banker Realty
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Current Estimated Value
$504,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,143
Avg. Annual Appreciation
5.74%
Original Mortgage
$304,735
Outstanding Balance
$242,313
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,830

Purchase Details

Listed on
Apr 24, 2012
Closed on
Jun 28, 2012
Sold by
Peoples United Bank
Bought by
Thomas 3Rd Joseph E and Thomas Jennifer S
Seller's Agent
Joel Lucas
Coldwell Banker Realty
Buyer's Agent
Joel Lucas
Coldwell Banker Realty
List Price
$269,000
Sold Price
$252,000
Premium/Discount to List
-$17,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$225,000
Interest Rate
3.78%
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
Ososkie John J $295,000 --
Thomas 3Rd Joseph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas 3Rd Joseph E $304,735
Previous Owner Thomas 3Rd Joseph E $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2016 03/11/16 Sold $295,000 -1.3% $256 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $299,000 +18.7% $260 / Sq Ft
06/25/2012 06/25/12 Sold $252,000 -6.3% $166 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $269,000 -- $177 / 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 $3,328 $229,500 $111,200 $118,300
2024 $3,328 $229,500 $111,200 $118,300
2023 $3,407 $174,700 $79,500 $95,200
2022 $3,485 $174,700 $79,500 $95,200
2021 $3,485 $174,700 $79,500 $95,200
2020 $3,485 $174,700 $79,500 $95,200
2019 $3,485 $174,700 $79,500 $95,200
2018 $3,404 $183,000 $86,300 $96,700
2017 $3,340 $183,000 $86,300 $96,700
2016 $3,340 $183,000 $86,300 $96,700
2015 $3,248 $183,000 $86,300 $96,700
2014 $3,111 $183,000 $86,300 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10104101

SmartMLS

APN: LYME-000402-000000-000027