NOT LISTED FOR SALE

21 Edge Lea Rd Old Lyme, CT 06371

Estimated Value: $922,000 - $1,202,752

5 Beds
2.5 Baths
2,160 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $630,000 $292 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,536/month

77 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of August 2018

Fantastic water views hallmark this classic beach cottage in one of the most private beach communities on the Connecticut Shoreline. The traditional cottage design is wonderfully complemented by updated mechanicals including windows, doors, roof and remodeled kitchen and baths. In addition to a smooth sickle of pristine sandy beach, association amenities include a tennis court and summer beach security. Kick back on the deck on a summer afternoon and enjoy the breeze off the water, have morning coffee on the porch, snooze or build castles on the beach, knock around balls on the court...this is where memories for generations are made.

Last Agent to Sell the Property

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 05/24/2018

Coldwell Banker Realty

Last Buyer's Agent

Joseph Votto

Compass Connecticut, LLC License #RES.0770796

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,029

Year Built

  • Built in 1930

Lot Details

  • 0.39 Acre Lot
  • Stone Wall
  • Level Lot
  • Property is zoned R-20

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Piling Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • French Doors
  • Water Views
  • Crawl Space

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Balcony
  • Deck
  • Shed
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Oil Above Ground
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,029

Year Built

Built in 1930

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2160
  • Public Record Living Room Sq Ft: 2160
  • Total Sq Ft: 2160
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Golf Course, Lake, Library, Playground/Tot Lot, Private Rec Facilities, Public Rec Facilities, Tennis Courts
  • Association Amenities: Private Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2680
  • Directions: Route 156 to Edge Lea Road (through pillars).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Access Via Hatch, Crawl Space, Storage Space
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 21

Exterior Features

  • Exterior Features: Balcony, Deck, French Doors, Gutters, Porch, Shed, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Wall Unit
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Road Maintenance
  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3900
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-20
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 14029
  • Total Assessed Value: 640300
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.910
  • Assessor Parcel Number: 1555290

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 23, 2018
Sold by
Gaudette George
Bought by
Semel Scott N and Semel Donna R
Seller's Agent
Vivian Senft
Coldwell Banker Realty
Buyer's Agent
Joseph Votto
Compass Connecticut, LLC
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Current Estimated Value
$1,058,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,938
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Northrop Willard and Northrop Nancy
Bought by
Gaudette George

Purchase Details

Closed on
Apr 30, 1998
Sold by
Colburn Robert B and Collier Linda C
Bought by
Northop Willard and Northop Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Semel Scott N $630,000 --
Gaudette George $775,000 --
Northop Willard $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northop Willard $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $630,000 -2.9% $292 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $649,000 -- $300 / 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 $10,748 $662,200 $460,000 $202,200
2024 $10,543 $432,100 $316,300 $115,800
2023 $10,154 $432,100 $316,300 $115,800
2022 $10,154 $432,100 $316,300 $115,800
2021 $10,068 $432,100 $316,300 $115,800
2020 $10,025 $432,100 $316,300 $115,800
2019 $14,349 $640,300 $529,600 $110,700
2018 $14,029 $640,300 $529,600 $110,700
2017 $13,927 $640,300 $529,600 $110,700
2016 $13,574 $640,300 $529,600 $110,700
2015 $13,203 $640,300 $529,600 $110,700
2014 $12,545 $638,100 $505,100 $133,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170087576

SmartMLS

APN: OLYM-000081-000000-000056