NOT LISTED FOR SALE

220 Mile Creek Rd Old Lyme, CT 06371

Estimated Value: $481,000 - $608,069

3 Beds
1.5 Baths
1,580 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $450,000 $285 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,425/month

3 Days on Market

Highlights

  • 0.9 Acre Lot
  • Open Floorplan
  • Ranch Style House
  • Mile Creek School Rated A
  • Deck
  • Attic

About This Home

As of July 2023

Well set and bounded by Connecticut Water Company land to the west, you'll enjoy serene privacy with a completely fenced backyard. This airy, open plan ranch begins with an efficient kitchen open to a fireplaced family room. Step down to a true great room graced with built ins and a high ceiling. A bank of windows and the sliding door to the deck bring the outdoors in. There are three bedrooms and a full bath. The primary bedroom has a half bath ensuite. A full walk out basement offers tremendous potential, and with a high ceiling, it currently serves as a workout space and laundry area. This home offers terrific updates, newer windows, septic was replaced 2010, chimney work completed 2022, electric water heater 2020 and central air. The whole house, on-demand generator is negotiable. A large attached 2 car garage offers terrific storage with a lofted ceiling. Outside, the fun is just beginning with a fenced back yard offering great privacy, plenty of room for Rover, games or gardening. Located just 1000 feet from Mile Creek K-5 Elementary, Cross Lane Park, 1 mile to Old Lyme beaches and close to town this is a tremendous property with room to make it yours! A great home.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 06/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Siobhan Springer

William Raveis Real Estate License #RES.0818758

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,714

Year Built

  • Built in 1965

Lot Details

  • 0.9 Acre Lot
  • Property is zoned R40

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Exclusions: See disclosure - 3 light fixtures
  • Assessor Parcel Number 1552719

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,714

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1580
  • Total Sq Ft: 1580
  • Year Built: 1965
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Park, Playground/Tot Lot
  • Association Amenities: None
  • Exclusions: See disclosure - 3 light fixtures
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4086
  • Directions: 95N exit 70. Right on Shore Road. 1.5 miles to L on Mile Creek. Follow 1.5 M to stop, bear right. House is .75 miles on left after Mile Creek School.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved, Asphalt
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.9
  • Lot Description: Open Lot Level Lot Lightly Wooded Fence - Partial
  • Flood Zone: No
  • Zoning: R40
  • Parcel #: 1552719

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4714

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
Jun 5, 2023
Closed on
Jul 11, 2023
Sold by
Ryan Joan
Bought by
Moran Thomas P and Moran Karen A
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Siobhan Springer
William Raveis Real Estate
List Price
$445,000
Sold Price
$450,000
Premium/Discount to List
$5,000
1.12%
Views
56
Current Estimated Value
$561,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,267
Avg. Annual Appreciation
9.81%
Original Mortgage
$314,000
Outstanding Balance
$305,886
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,381

Purchase Details

Closed on
Oct 9, 2007
Sold by
Pryor Patrick and Mackinstry Tracy
Bought by
Ryan Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Moran Thomas P $450,000 None Available
Ryan Joan $322,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Thomas P $314,000
Previous Owner Ryan Joan $182,800
Previous Owner Ryan Joan $252,000
Previous Owner Ryan Joan $258,000
Previous Owner Ryan Joan $307,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $450,000 +1.1% $285 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $445,000 -- $282 / 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 $5,642 $347,600 $113,600 $234,000
2024 $4,895 $200,600 $87,200 $113,400
2023 $4,714 $200,600 $87,200 $113,400
2022 $4,714 $200,600 $87,200 $113,400
2021 $4,674 $200,600 $87,200 $113,400
2020 $4,654 $200,600 $87,200 $113,400
2019 $4,675 $208,600 $91,800 $116,800
2018 $4,570 $208,600 $91,800 $116,800
2017 $4,537 $208,600 $91,800 $116,800
2016 $4,422 $208,600 $91,800 $116,800
2015 $4,301 $208,600 $91,800 $116,800
2014 $4,319 $219,700 $91,800 $127,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170575181

SmartMLS

APN: OLYM-000046-000000-000006