NOT LISTED FOR SALE

203 Shore Rd Old Lyme, CT 06371

Estimated Value: $604,227 - $780,000

3 Beds
2 Baths
1,870 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $500,000 $267 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,125/month

50 Days on Market

Highlights

  • Beach Front
  • Above Ground Pool
  • Open Floorplan
  • Mile Creek School Rated A
  • 1.85 Acre Lot
  • Cape Cod Architecture

About This Home

As of September 2022

Are you looking for a New England Style home located in the Connecticut Shore line area that offers more than one acre with privacy but still walking distance to the beach? Dreams do come true...Look no further! This Cape Cod Style home offers almost 2 acres of flat usable yard space in a cluster of homes which is convenient to main road and highways yet incredibly private. 203 Shore Road hosts a 2 car garage, mudroom with sliding door to backyard and additional side door to front , two full bathrooms, a main level laundry area & a completely open concept kitchen and living space ( far ahead of its 1986 birthday). The seller added a 14x11 sunroom with floor to ceiling sliding windows and doors with steel construction and framing giving a true indoor/ outdoor vibe capturing 180 degree views of park grounds designed for optimal use of sun and shade. A flex room on the main level can act as the traditional first floor bedroom in capes or as an office, guest room or separate formal space to meet any needs. Upstairs you'll find 3 modest size bedrooms with full height ceilings and plenty of storage. Other outstanding features include newer vinyl siding, newer windows, new hardwood flooring throughout, a brick wood burning fireplace and an oversized front porch with pressure treated flooring and extra deep base perfect for rocking chairs.

Last Agent to Sell the Property

Nicole Defrancesco

Coldwell Banker Realty License #RES.0776989 Listed on: 07/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Carly Kirsch

Lamacchia Realty License #RES.0805538

Lamacchia Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 1986

Lot Details

  • 1.85 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Sitting Room
  • Workshop
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Walking Distance to Water
  • Porch

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,819

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1870
  • Public Record Living Room Sq Ft: 1613
  • Total Sq Ft: 1870
  • Year Built: 1986
  • Nearby Amenities: Health Club, Playground/Tot Lot, Public Transportation, Putting Green
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4014
  • Tax Year Updated Dt: 07/19/2022
  • Directions: GPS- use 203 shore road ( you will see 3 mailboxes and private road , go to end of short dirt road and home will be on left )
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Electric Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Breezeway, Sitting Room, Workshop
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 203-1

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach, Walk to Water
  • Swimming Pool: Yes
  • Pool: Above Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 1.8500
  • Lot Description: On Cul-De-Sac, Level Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: res

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5819
  • Total Assessed Value: 247600
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1550781

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 29, 2022
Sold by
Papallo Richard
Bought by
Plank David R and Errett Kristin A
Seller's Agent
Nicole Defrancesco
Coldwell Banker Realty
Buyer's Agent
Carly Kirsch
Lamacchia Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
19
Current Estimated Value
$675,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,057
Avg. Annual Appreciation
10.83%
Original Mortgage
$375,000
Outstanding Balance
$358,940
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,117

Purchase Details

Closed on
Apr 2, 2007
Sold by
Sumner Sharon
Bought by
Papallo Richard
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
Plank David R $500,000 None Available
Papallo Richard $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plank David R $375,000
Previous Owner Papallo Richard $125,000
Previous Owner Papallo Richard $100,000
Previous Owner Papallo Richard $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $500,000 +0.2% $267 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $499,000 -- $267 / 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 $5,361 $330,300 $87,600 $242,700
2024 $6,041 $247,600 $91,600 $156,000
2023 $5,819 $247,600 $91,600 $156,000
2022 $5,819 $247,600 $91,600 $156,000
2021 $5,769 $247,600 $91,600 $156,000
2020 $5,744 $247,600 $91,600 $156,000
2019 $5,065 $226,000 $81,500 $144,500
2018 $4,952 $226,000 $81,500 $144,500
2017 $4,728 $217,400 $81,500 $135,900
2016 $4,609 $217,400 $81,500 $135,900
2015 $4,483 $217,400 $81,500 $135,900
2014 $4,203 $213,800 $81,500 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170481947

SmartMLS

APN: OLYM-000003-000000-000054