NOT LISTED FOR SALE

21 Connecticut Rd Old Lyme, CT 06371

Estimated Value: $550,000 - $933,000

3 Beds
0.5 Bath
681 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $324,000 $476 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,244/month

8 Days on Market

Highlights

  • Beach Access
  • Deck
  • Attic
  • Mile Creek School Rated A
  • Wetlands on Lot
  • Tennis Courts

About This Home

As of October 2020

Vintage Point O'Woods! Enjoy this classic seasonal beach cottage built in 1923, ready to host many more years of summer fun. Compact, cozy and comfortable -- a great place to create your own summertime traditions. The inviting enclosed front porch affords space for relaxation or a light lunch. Step into the living room and find lots of comfortable seating amid quaint beach decor. Off the living room to the left are three bedrooms, brightly painted and cheerful. The eat-in kitchen is behind the living room and features handsome wooden cabinets. Out the back door is a spacious deck (vinyl decking material) with lots of seating and a table for outdoor dining. Off the deck is the enclosed outside shower (the only shower!) that most vacationers have come to love for the fresh air experience. A good sized shed, perfect for storing beach gear, bikes and lawn tools, is an added convenience in the back yard. The Point O'Woods Association offers a number of amenities -- private beach, boat basin, boardwalk, pavilion, playscape, basketball, tennis and bocce courts. Security guards are on duty during the summer season. A dedicated, hardworking Board of Governors strive to meet the needs of the community year-round.

Last Agent to Sell the Property

Mary Berry

Berry Realty License #REB.0051780 Listed on: 08/28/2020

Last Buyer's Agent

Dana Gibson

William Raveis Real Estate License #RES.0806135

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1923

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Property is zoned AE

HOA Fees

  • $43 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 681 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Parking

  • Parking Deck
  • Driveway
  • Unpaved Parking

Outdoor Features

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

Location

  • Flood Zone Lot

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • No Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Additional Features

  • Community Garden
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,306

Year Built

Built in 1923

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Bungalow, Cottage
  • Sq Ft Est Heated Above Grade: 681
  • Public Record Living Room Sq Ft: 681
  • Total Sq Ft: 681
  • Year Built: 1923
  • Association Amenities: Basketball Court, Bocci Court, Gardening Area, Playground/Tot Lot, Security Services, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: Sewer Assessment
  • Public Record Gross Sq Ft: 1049
  • Directions: Route 156 to Point O'Wood. Go straight on Connecticut Road. Number 21 is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 21

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $612 twice a year.
  • Sewer Usage Fee Annual: 385

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Road Maintenance
  • HOA Fees: 516
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4000
  • Lot Description: In Subdivision, In Flood Zone, Some Wetlands, Level Lot
  • Flood Zone: Yes
  • Zoning: AE
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4306
  • Total Assessed Value: 185600
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1555930

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 16, 2020
Sold by
Illingsworth Maxine M
Bought by
Bosco Brian and Bosco Lori
Seller's Agent
Mary Berry
Berry Realty
Buyer's Agent
Dana Gibson
William Raveis Real Estate
List Price
$324,000
Sold Price
$324,000
Current Estimated Value
$812,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,385
Avg. Annual Appreciation
20.75%
Original Mortgage
$291,600
Outstanding Balance
$260,074
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$542,366
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
Bosco Brian $324,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosco Brian $72,000
Open Bosco Brian $291,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $324,000 0.0% $476 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $324,000 -- $476 / 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 $9,034 $556,600 $263,700 $292,900
2024 $6,805 $278,900 $136,200 $142,700
2023 $4,402 $187,300 $136,200 $51,100
2022 $4,402 $187,300 $136,200 $51,100
2021 $4,324 $185,600 $136,200 $49,400
2020 $4,306 $185,600 $136,200 $49,400
2019 $5,069 $226,200 $168,700 $57,500
2018 $4,956 $226,200 $168,700 $57,500
2017 $4,920 $226,200 $168,700 $57,500
2016 $4,795 $226,200 $168,700 $57,500
2015 $4,664 $226,200 $168,700 $57,500
2014 $4,581 $233,000 $178,400 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170330691

SmartMLS

APN: OLYM-000092-000000-000029