NOT LISTED FOR SALE

2 White Farm Ln Old Lyme, CT 06371

Estimated Value: $790,024 - $1,220,000

3 Acres
$327,707 Price per Acre
130,532 Sq Ft Lot

Last Sold November 20, 2017

Last sale price $162,000

Est. 506% increase in value since last sale

Current estimated payment $5,984/month

95 Days on Market

Highlights

  • 3 Acre Lot
  • Partially Wooded Lot
  • Cul-De-Sac
  • Mile Creek School Rated A
  • No HOA
  • Level Lot

About This Lot

As of November 2017

Wonderful 3 acre approved building lot at the end of a cul-de-sac. The lot has been cleared, the well has been installed and there are house plans available. Minutes from the beautiful village of Old Lyme and I-95 and Rt. 9. This level piece of land with has beautiful stone walls abutting the Old Lyme Land Trust with its miles of hiking trails. This is the last of a 3 lot subdivision of White Farm Lane which is at the end of Hill Wood Road East.
Easy access, easy to walk, come take a look!

Last Agent to Sell the Property

Martha Quaratella

Coldwell Banker Realty License #RES.0798111 Listed on: 08/04/2017

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Petersen

Coldwell Banker Realty License #RES.0807265

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,457

Lot Details

  • 3 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Partially Wooded Lot

Schools

  • Lyme-Old Lyme High School

Utilities

  • Private Company Owned Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,457

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Rt. 1 to Rose Lane, left onto Hillwood Road East. White Farm Lane at the end of the cul de sac. See directional sign.
  • Special Features: None

Interior Features

  • Street Number Modifier: 2

Exterior Features

  • Road Frontage Description: Private Road, Cul-De-Sac
  • Road Frontage Approximate: 35

Utilities

  • Water Source: Private Well
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 2.9966
  • Lot Description: On Cul-De-Sac, Level Lot, Lightly Wooded
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 2457
  • Total Assessed Value: 115900
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 2147027

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 22, 2017
Sold by
Brinkman Steven and Brinkman Janet
Bought by
Watson Andrew and Watson Molly
Seller's Agent
Martha Quaratella
Coldwell Banker Realty
Buyer's Agent
Kimberly Petersen
Coldwell Banker Realty
Sold Price
$162,000
Current Estimated Value
$982,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,006
Avg. Annual Appreciation
26.71%
Original Mortgage
$155,000
Outstanding Balance
$130,701
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$888,511
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Watson Andrew $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Andrew $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $162,000 +1.9% --
11/07/2017 11/07/17 Pending -- -- --
12/09/2016 12/09/16 Sold $159,000 0.0% --
10/31/2016 10/31/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $159,000 -- --
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 $7,601 $468,300 $160,100 $308,200
2024 $7,642 $313,200 $129,600 $183,600
2023 $7,360 $313,200 $129,600 $183,600
2022 $7,360 $313,200 $129,600 $183,600
2021 $6,237 $267,700 $129,600 $138,100
2020 $4,389 $189,200 $129,600 $59,600
2019 $3,346 $149,300 $143,100 $6,200
2018 $2,539 $115,900 $115,900 $0
2017 $2,521 $115,900 $115,900 $0
2016 $2,457 $115,900 $115,900 $0
2015 $2,390 $115,900 $115,900 $0
2014 $3,264 $166,000 $166,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170002014

SmartMLS

APN: OLYM-000022-000000-000027-000003