Seller's Agent in 2020
Gregory Hanner
Garden Realty
(860) 608-8659
6 in this area
288 Total Sales
21 Walnut Rd Old Lyme, CT 06371
Estimated Value: $467,535 - $608,000
2
Beds
1
Bath
768
Sq Ft
$681/Sq Ft
Est. Value
Highlights
- Beach Access
- Deck
- Attic
- Mile Creek School Rated A
- Ranch Style House
- Corner Lot
About This Home
As of August 2020Beach Cottage for your family fun! Take a 3D/VR tour 24/7 (link location varies per venue). 21 Walnut Rd is being offered for the 1st time in 27 years and it's an appealing 2-3 Bedroom summer cottage in the private Point O'Woods beach community in the town of Old Lyme providing you with all the fun that Long Island Sound has to offer. This home is currently for seasonal use from April 15th to November 15th and it's elevated above the flood zone so no flood insurance is required. You could convert it to year-round occupancy (requirements are available by request). A large shed with power run to it provides additional storage and there's even an outdoor shower. Point O'Woods is a private beach community that's golf cart friendly and has a beautiful Beach, Boardwalk, Pavilion, Marina with boat launch, Tennis courts, playscape area, Bocce and Basketball courts. Some interesting points about POW that you may not be aware of: 1) beach is rarely if ever crowded, 2) weekend night activities include: concerts, movies on the beach, bingo, 3) tennis/pickleball courts, 4) library, 5) Pavilion parties and dances. City water and sewer now serve the community and there is an association security service that increases the quality of life for all residents. This home is "turn-key" and being sold "As-Is" and the furniture in the home will be left for the convenience of the Seller.
Last Agent to Sell the Property
Garden Realty License #REB.0788235 Listed on: 03/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,234
Year Built
- Built in 1955
Lot Details
- 5,227 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is zoned R-10
HOA Fees
- $43 Monthly HOA Fees
Home Design
- Ranch Style House
- Cottage
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 768 Sq Ft Home
- Ceiling Fan
- Attic or Crawl Hatchway Insulated
- Storm Doors
- Laundry on main level
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Parking Deck
- Guest Parking
- Visitor Parking
- Off-Street Parking
Outdoor Features
- Beach Access
- Public Water Access
- Walking Distance to Water
- Deck
- Shed
- Rain Gutters
Location
- Property is near a golf course
Schools
- Lyme-Old Lyme High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Exclusions: Furniture and belongings in the cottage are negotiable.
Community Details
Overview
- Association fees include tennis, lake/beach access, security service, road maintenance
- Point O'woods Subdivision
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2024
Sold by
Hoberman Barry and Hoberman Lori-Ann
Bought by
Wolanin Jessica L
Total Days on Market
139
Current Estimated Value
Purchase Details
Listed on
Mar 2, 2020
Closed on
Aug 19, 2020
Sold by
Osypuk Deirdre J
Bought by
Hoberman Barry and Hoberman Lori-Ann
Seller's Agent
Gregory Hanner
Garden Realty
Buyer's Agent
Gregory Hanner
Garden Realty
List Price
$334,900
Sold Price
$310,000
Premium/Discount to List
-$24,900
-7.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Purchase Details
Closed on
Feb 19, 2020
Sold by
Passarello Paula M
Bought by
Osypuk Deirdre J
Purchase Details
Closed on
Oct 4, 1996
Sold by
Miller Richard H
Bought by
Passarello Steven A and Passarello Paula M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,300
Interest Rate
7.9%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wolanin Jessica L | -- | None Available | |
| Hoberman Barry | $310,000 | None Available | |
| Hoberman Barry | $310,000 | None Available | |
| Osypuk Deirdre J | -- | None Available | |
| Passarello Steven A | $135,300 | -- | |
| Passarello Steven A | $135,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Miller Richard H | $135,300 | |
| Previous Owner | Miller Richard H | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $310,000 | -4.6% | $404 / Sq Ft |
| 05/30/2020 05/30/20 | Price Changed | $324,900 | -3.0% | $423 / Sq Ft |
| 03/02/2020 03/02/20 | For Sale | $334,900 | -- | $436 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,465 | $183,000 | $128,800 | $54,200 |
| 2023 | $4,301 | $183,000 | $128,800 | $54,200 |
| 2022 | $4,289 | $182,500 | $128,800 | $53,700 |
| 2021 | $4,252 | $182,500 | $128,800 | $53,700 |
| 2020 | $4,234 | $182,500 | $128,800 | $53,700 |
| 2019 | $4,894 | $218,400 | $159,500 | $58,900 |
| 2018 | $4,785 | $218,400 | $159,500 | $58,900 |
| 2017 | $4,750 | $218,400 | $159,500 | $58,900 |
| 2016 | $4,630 | $218,400 | $159,500 | $58,900 |
| 2015 | $4,503 | $218,400 | $159,500 | $58,900 |
| 2014 | $4,591 | $233,500 | $168,600 | $64,900 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Hanner
Map
Source: SmartMLS
MLS Number: 170277156
APN: OLYM-000095-000000-000071
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