NOT LISTED FOR SALE

22 Oak Rd Old Lyme, CT 06371

Estimated Value: $888,000 - $1,089,000

4 Beds
1.5 Baths
1,483 Sq Ft
$647/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $785,000 $529 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,761/month

93 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 1 Fireplace
  • Mile Creek School Rated A
  • Deck
  • Tennis Courts

About This Home

As of January 2022

Enjoy water views from this charming seasonal home in Old Lyme's most sought after beach community, Point O' Woods! So close to all the Point O' Woods beaches, yet NO flood insurance. This well maintained home features 4 bedrooms, one on the first floor (sleeps 10+ people); 1.1 baths plus outdoor shower; living room with fireplace; spacious dining area off the kitchen with sliders to a newer 19' x 15' Trex deck; an enclosed front porch used as a sunroom with views of Long Island Sound; a 2 car garage with plenty of storage; and a private back yard, situated on one of the largest lots in the neighborhood, 1/3 of an acre. Buy now and be ready for next summer at the beach with tennis, basketball, bocci ball, boat marina and launch ramp, garden area, kayaking, playground, activities for all ages, and summer security. The only Old Lyme beach with public water and sewers. Don't miss out on this lovely home, with possibilities to be year round. Can't be there every week? Current owner has rented it for $6,000 per week. Located near the charming Village of Old Lyme, halfway between NYC and Boston, near I95, and the train station.

Last Agent to Sell the Property

Anne Thurlow

Coldwell Banker Realty License #RES.0798941 Listed on: 10/13/2021

Coldwell Banker Realty

Co-Listed By

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

Coldwell Banker Realty

Last Buyer's Agent

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,329

Year Built

  • Built in 1928

Lot Details

  • 13,939 Sq Ft Lot
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $53 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,483 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Water Views

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near golf course

Schools

  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, grounds maintenance, trash pickup, snow removal, property management, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Bocce Ball Court
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,329

Year Built

Built in 1928

Lot Details

0.32 Acres

HOA Fees

$53 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1483
  • Public Record Living Room Sq Ft: 1483
  • Total Sq Ft: 1483
  • Year Built: 1928
  • Nearby Amenities: Basketball Court, Bocci Court, Golf Course, Health Club, Library, Playground/Tot Lot, Tennis Courts
  • Association Amenities: Basketball Court, Bocci Court, Playground/Tot Lot, Security Services, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: SEWER ASSESSMENT HAS BEEN PAID IN FULL
  • Public Record Gross Sq Ft: 2290
  • Directions: 156 (Shore Rd) to Connecticut, turn under railroad tracks, turn left onto Hillcrest, left onto Oak
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: stackable washer & dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Wall Unit
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Road Maintenance
  • HOA Fees: 635
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.3200
  • Lot Description: Water View, Level Lot
  • Zoning: R-10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5329
  • Mil Rate Base: 23.300
  • Assessor Parcel Number: 1556086

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Jan 31, 2022
Sold by
Mckeon Maria
Bought by
Lanza Gail
Seller's Agent
Anne Thurlow
Coldwell Banker Realty
Buyer's Agent
Annie Kaye Nowak
Coldwell Banker Realty
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
$959,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,532
Avg. Annual Appreciation
4.96%
Original Mortgage
$534,500
Outstanding Balance
$490,892
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$468,640

Purchase Details

Closed on
Mar 24, 2021
Sold by
Pavano Susan N
Bought by
Mckeon Maria

Purchase Details

Closed on
May 27, 2019
Sold by
Pavano Richard
Bought by
Pavano Susan N

Purchase Details

Closed on
May 22, 2014
Sold by
Italia Christopher A and Italia Gary R
Bought by
Pavano Richard and Pavano Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1997
Sold by
Economou Angelo
Bought by
Italia Christopher A and Italia Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Lanza Gail $785,000 None Available
Mckeon Maria $677,000 None Available
Pavano Susan N -- --
Pavano Richard $405,000 --
Italia Christopher A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanza Gail $534,500
Previous Owner Italia Christopher A $314,000
Previous Owner Italia Christopher A $324,000
Previous Owner Italia Christopher A $120,000
Previous Owner Italia Christopher A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $785,000 0.0% $529 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
10/13/2021 10/13/21 For Sale $785,000 -- $529 / Sq Ft
Source: SmartMLS

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 $6,968 $429,300 $263,800 $165,500
2024 $5,580 $228,700 $136,300 $92,400
2023 $5,374 $228,700 $136,300 $92,400
2022 $5,374 $228,700 $136,300 $92,400
2021 $5,329 $228,700 $136,300 $92,400
2020 $5,306 $228,700 $136,300 $92,400
2019 $5,732 $255,800 $168,700 $87,100
2018 $5,605 $255,800 $168,700 $87,100
2017 $5,564 $255,800 $168,700 $87,100
2016 $5,423 $255,800 $168,700 $87,100
2015 $5,275 $255,800 $168,700 $87,100
2014 $5,379 $273,600 $178,500 $95,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170444472

SmartMLS

APN: OLYM-000093-000000-000148

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