$87,500
SOLD DEC 20, 2019

21 Spring Rock Rd East Lyme, CT 06333

4.33 Acres
$20,208 Price per Acre
188,615 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

20% Below List Price

282 Days on Market

About This Lot

As of February 2022

This lot sits privately above the established subdivision of Tanglewood. This lot comes with no building or square foot restrictions; blasting and site work has also been completed. The driveway is shared with one neighbor and there are easements and maintenance agreements in place. Please take the time to view the lot. It is a wonderful piece of property just waiting to be built upon.

Last Agent to Sell the Property

Jon Arruda

William Pitt Sotheby's Int'l License #REB.0789221 Listed on: 02/04/2019

William Pitt Sotheby's Int'l

Co-Listed By

Heather Sawyer

William Pitt Sotheby's Int'l License #RES.0797514

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080

RE/MAX on the Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,851

Lot Details

  • 4.33 Acre Lot
  • Property is zoned R40

Community Details

  • No Home Owners Association
  • Tanglewood Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,851

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Tax Year Updated Dt: 08/26/2019
  • Directions: Route 1 to Spring Rock Rd. - Tanglewood Development
  • Special Features: None

Interior Features

  • Street Number Modifier: 21

Exterior Features

  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 25

Utilities

  • Water Source: Public Water In Street
  • 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: Per Board of Ed

Lot Info

  • Acres: 4.3300
  • Lot Description: Rear Lot, In Subdivision
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 1
  • Zoning: R40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2851
  • Total Assessed Value: 101150
  • Mil Rate Base: 28.190
  • Mil Rate Total: 28.190
  • Assessor Parcel Number: 1468975

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 22, 2022
Sold by
Vaillancourt C R
Bought by
Roe Kevin A
Seller's Agent
Amanda Boehm
RE/MAX on the Bay
Buyer's Agent
Sue Bowes
RE/MAX on the Bay
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$605,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,557
Avg. Annual Appreciation
66.76%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Dec 20, 2019
Sold by
Weldon Timothy and Weldon Sutton
Bought by
Vaillancourt Christopher
Seller's Agent
Jon Arruda
William Pitt Sotheby's Int'l
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$110,000
Sold Price
$87,500
Premium/Discount to List
-$22,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$70,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 7, 2012
Closed on
Jan 30, 2015
Sold by
Jaillet James J and Jaillet Wendy A
Bought by
Weldon Timothy D and Weldon Sutton R
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Hilarie Leone
RE/MAX One
List Price
$82,500
Sold Price
$75,000
Premium/Discount to List
-$7,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$60,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2001
Sold by
Nazarko Diane C
Bought by
Jaillet James J and Jaillet Wendy A
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 Type Sale Price Title Company
Warranty Deed $105,000 None Available
Warranty Deed $105,000 None Available
Warranty Deed $87,500 None Available
Warranty Deed $87,500 None Available
Warranty Deed $75,000 --
Warranty Deed $79,500 --
Warranty Deed $75,000 --
Warranty Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $70,000 Purchase Money Mortgage
Previous Owner $60,000 New Conventional
Previous Owner $68,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $105,000 -4.5% $42 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $110,000 +25.7% $44 / Sq Ft
12/20/2019 12/20/19 Sold $87,500 -11.6% $35 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
08/30/2019 08/30/19 Price Changed $99,000 -10.0% $40 / Sq Ft
02/04/2019 02/04/19 For Sale $110,000 +46.7% $44 / Sq Ft
01/29/2015 01/29/15 Sold $75,000 -9.1% $0 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
05/07/2012 05/07/12 For Sale $82,500 -- $0 / 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 $6,764 $241,500 $101,150 $140,350
2024 $6,364 $241,500 $101,150 $140,350
2023 $2,517 $101,150 $101,150 $0
2022 $2,411 $101,150 $101,150 $0
2021 $2,884 $101,150 $101,150 $0
2020 $2,869 $101,150 $101,150 $0
2019 $2,851 $101,150 $101,150 $0
2018 $2,766 $101,150 $101,150 $0
2017 $2,646 $101,150 $101,150 $0
2016 $2,565 $101,150 $101,150 $0
2015 $2,499 $101,150 $101,150 $0
2014 $2,431 $101,150 $101,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170160806

SmartMLS

APN: ELYM-001800-000006