NOT LISTED FOR SALE

22 Homestead Cir Old Lyme, CT 06371

Estimated Value: $701,000 - $805,000

3 Beds
2.5 Baths
2,375 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $385,000 $162 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,528/month

66 Days on Market

Highlights

  • River Front
  • 0.92 Acre Lot
  • 2 Fireplaces
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • No HOA

About This Home

As of November 2017

This waterfront cape style home is oriented to capture water views from every room! Frontage on the Black Hall river, including dock, is perfect for enjoying this home year round! Grab the kayak, canoe, paddleboards or fishing boat and head out to Long Island Sound! Home is listed in the AE flood zone and will require moderate flood insurance. Home features 2 beautiful stone fireplaces, new azek deck, hardwood floors on the main and upper floor, main level family room (could be converted to master) den, eat in kitchen, and 3 good sized bedrooms - all with views! Elbow grease required, but will be well worth the effort! Offer will be subject to probate approval.

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 08/18/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jodi Strycharz

William Pitt Sotheby's Int'l License #RES.0767047

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1952

Lot Details

  • 0.92 Acre Lot
  • River Front
  • Cul-De-Sac
  • Property is zoned R-20

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Shingle Siding

Interior Spaces

  • 2,375 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,570

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2375
  • Public Record Living Room Sq Ft: 2375
  • Total Sq Ft: 2375
  • Year Built: 1952
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4830
  • Directions: Route 156 to Homestead, follow to the end and house is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Sump Pump
  • Appliances: Oven/Range, Range Hood, Refrigerator, Dishwasher
  • Additional Rooms: Breezeway, Foyer
  • Attic: No
  • Street Number Modifier: 22

Exterior Features

  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River, Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard, Radiator
  • 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

Schools

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

Lot Info

  • Acres: 0.9200
  • Lot Description: On Cul-De-Sac, In Flood Zone, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-20

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 5570
  • Total Assessed Value: 256110
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1552576

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 15, 2017
Sold by
Mcdonald Pamela S
Bought by
Beatty Mark B and Goff Tracy L
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Jodi Strycharz
William Pitt Sotheby's Int'l
List Price
$499,500
Sold Price
$385,000
Premium/Discount to List
-$114,500
-22.92%
Current Estimated Value
$760,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,065
Avg. Annual Appreciation
9.04%
Original Mortgage
$308,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Beatty Mark B $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Mark B $300,000
Closed Beatty Mark B $285,000
Closed Beatty Mark B $300,000
Closed Beatty Mark B $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $385,000 -6.7% $162 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/12/2017 09/12/17 Price Changed $412,500 -17.4% $174 / Sq Ft
08/18/2017 08/18/17 For Sale $499,500 -- $210 / 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 $6,162 $379,640 $123,640 $256,000
2024 $6,864 $281,310 $127,810 $153,500
2023 $6,611 $281,310 $127,810 $153,500
2022 $6,611 $281,310 $127,810 $153,500
2021 $6,555 $281,310 $127,810 $153,500
2020 $6,461 $278,510 $127,810 $150,700
2019 $5,645 $251,910 $113,610 $138,300
2018 $5,480 $250,110 $113,610 $136,500
2017 $5,440 $250,110 $113,610 $136,500
2016 $5,302 $250,110 $113,610 $136,500
2015 $5,157 $250,110 $113,610 $136,500
2014 $5,352 $272,210 $142,010 $130,200
Source: Public Records

Agents Affiliated with this Home

  • Beth Cote

    Seller's Agent in 2017

    Beth Cote

    William Pitt

    (860) 460-6901

    25 in this area

    55 Total Sales

    Beth Cote
    Section Image
  • Jodi Strycharz

    Buyer's Agent in 2017

    Jodi Strycharz

    William Pitt

    (860) 884-3011

    21 in this area

    79 Total Sales

    Jodi Strycharz
    Section Image
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Map

Source: SmartMLS

MLS Number: 170006969

SmartMLS

APN: OLYM-000043-000000-000024

Connecticut New London County Old Lyme 06371

22 Homestead Cir, Old Lyme, CT

This home is located at 22 Homestead Cir, Old Lyme, CT 06371 since 18 August 2017 and is currently estimated at $760,065, approximately $320 per square foot. This property was built in 1952. 22 Homestead Cir is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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