NOT LISTED FOR SALE

20 Gorton Ave Old Lyme, CT 06371

Estimated Value: $327,000 - $546,000

4 Beds
2 Baths
1,452 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $285,000 $196 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,998/month

113 Days on Market

Highlights

  • Beach Access
  • Deck
  • Enclosed Patio or Porch
  • Mile Creek School Rated A
  • Property is near public transit
  • Public Transportation

About This Home

As of April 2021

LOCATION LOCATION! IMMACULATE TWO FAMILY RANCH with identical side by side units located in gated community and walking distance to Old Colony Beach. This property is currently used seasonally by owners. Many updates, including newer roof and windows. Electric baseboard heat on one side in kitchen/living area. Open floor plan & vaulted ceilings, 2 bedrooms with additional sleeping/living space is a PLUS in both units. You will love entertaining here with family and friends, enjoying the privacy of the back yard and deck and the needed outdoor shower after fun at the beach. Shed conveys with property. Public water and septic. Please view the 3-D VIRTUAL TOUR and FLOOR PLAN.

Last Agent to Sell the Property

Romina D'Angelo

Coldwell Banker Realty License #RES.0761035 Listed on: 10/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Mary Gurrieri

RE/MAX Right Choice License #RES.0784989

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • 1,452 Sq Ft Home
  • Side-by-Side
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include lake/beach access
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1940

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Neighborhood: Old Colony Beach
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1452
  • Public Record Living Room Sq Ft: 1452
  • Total Sq Ft: 1452
  • Year Built: 1940
  • Nearby Amenities: Golf Course, Park, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3424
  • Directions: ROUTE 156 TO GORTON AVE.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic: No
  • Street Number Modifier: 20

Exterior Features

  • Exterior Features: Deck, Patio, Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 724
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Lot Info

  • Acres: 0.0800
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-10
  • Property Info: Gated Community

Multi Family

  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4800
  • Total Assessed Value: 206900
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1555569

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
Oct 17, 2020
Closed on
Apr 14, 2021
Sold by
Thibodeau Rudolph R
Bought by
Brownstein Adam D and Brownstein Jennifer
Seller's Agent
Romina D'Angelo
Coldwell Banker Realty
Buyer's Agent
Mary Gurrieri
RE/MAX Right Choice
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%
Current Estimated Value
$449,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,014
Avg. Annual Appreciation
10.91%
Original Mortgage
$213,750
Outstanding Balance
$193,825
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,189

Purchase Details

Listed on
Oct 17, 2020
Closed on
Mar 13, 2021
Sold by
Lindsay Kevin and Lindsay Michael
Bought by
Lindsay Gail A
Seller's Agent
Romina D'Angelo
Coldwell Banker Realty
Buyer's Agent
Mary Gurrieri
RE/MAX Right Choice
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$193,825
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,189

Purchase Details

Listed on
Oct 17, 2020
Closed on
Mar 12, 2021
Sold by
Popollizio Lori and Czerwinski Lynne
Bought by
Thibodeau Rudolph R
Seller's Agent
Romina D'Angelo
Coldwell Banker Realty
Buyer's Agent
Mary Gurrieri
RE/MAX Right Choice
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$193,825
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,189

Purchase Details

Closed on
Apr 26, 1993
Sold by
Holtman Arnold D
Bought by
Spicer Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
8.5%
Mortgage Type
Unknown
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
Brownstein Adam D $285,000 None Available
Lindsay Gail A -- None Available
Thibodeau Rudolph R -- None Available
Spicer Nancy L $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brownstein Adam D $213,750
Previous Owner Spicer Nancy L $55,000
Previous Owner Spicer Nancy L $100,000
Previous Owner Spicer Nancy L $51,000
Previous Owner Spicer Nancy L $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $285,000 -13.6% $196 / Sq Ft
02/08/2021 02/08/21 For Sale $329,900 +15.8% $227 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
12/02/2020 12/02/20 Off Market $285,000 -- --
11/02/2020 11/02/20 For Sale $329,900 +15.8% $227 / Sq Ft
11/01/2020 11/01/20 Off Market $285,000 -- --
10/17/2020 10/17/20 For Sale $329,900 -- $227 / 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 $5,953 $366,800 $223,500 $143,300
2024 $5,048 $206,900 $128,000 $78,900
2023 $4,862 $206,900 $128,000 $78,900
2022 $4,862 $206,900 $128,000 $78,900
2021 $4,821 $206,900 $128,000 $78,900
2020 $4,800 $206,900 $128,000 $78,900
2019 $4,621 $206,200 $113,800 $92,400
2018 $4,518 $206,200 $113,800 $92,400
2017 $4,485 $206,200 $113,800 $92,400
2016 $4,371 $206,200 $113,800 $92,400
2015 $4,252 $206,200 $113,800 $92,400
2014 $5,029 $255,800 $178,000 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170345896

SmartMLS

APN: OLYM-000084-000000-000097