NOT LISTED FOR SALE

225 Grassy Hill Rd Old Lyme, CT 06371

Estimated Value: $425,000 - $921,000

4 Beds
2 Baths
2,848 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $415,000 $146 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,671/month

41 Days on Market

Highlights

  • 3.86 Acre Lot
  • Deck
  • Attic
  • Lyme Consolidated School Rated A-
  • Partially Wooded Lot
  • 2 Fireplaces

About This Home

As of May 2016

Streaming light and an open floor on two levels set the stage for this stylish home in one of the most desired communities on the Connecticut Shoreline. Details include cherry-stained hardwood floors on the main level, newly remodeled kitchen and baths, and a versatile layout with possibilities for in-laws, an in-home office, or weekend guests. The land is quintessentially country with sweeping lawn, stone walls and exposed ledge, all accented by a bridge overlooking a wooded expanse. Located near all conveniences, boating access is down the street on Rogers Lake, with a public beach and world-class jazz and art galleries minutes away in Old Lyme. Its truly a wonderful spot for either year round living or a weekend retreat.

Last Agent to Sell the Property

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 01/25/2016

Coldwell Banker Realty

Last Buyer's Agent

Lori Ventura

Realty One Group Cutting Edge License #RES.0754306

Realty One Group Cutting Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1973

Lot Details

  • 3.86 Acre Lot
  • Partially Wooded Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,848 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • Walk-Out Basement
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Additional Homes

  • Separate Entry Quarters

Schools

  • Lyme Consolidated Elementary School
  • Lyme Old Lyme Middle School
  • Lyme - Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,954

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 2848
  • Year Built: 1973
  • In Law Access: Separate Entry
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 to Exit 70 to Route 1 to Grassy Hill Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Walk-out
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Security System
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 225

Exterior Features

  • Exterior Features: Balcony, Deck, Patio, Shed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme - Old Lyme
  • Intermediate School: Lyme Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 3.8600
  • Lot Description: Lightly Wooded

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3954
  • Total Assessed Value: 222784
  • Mil Rate Total: 17.750
  • Assessor Parcel Number: 1522125

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme - Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 10, 2016
Sold by
Burke Susan J
Bought by
Christensen Christie E and Christensen Todd R
Seller's Agent
Vivian Senft
Coldwell Banker Realty
Buyer's Agent
Lori Ventura
Realty One Group Cutting Edge
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Current Estimated Value
$603,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,164
Avg. Annual Appreciation
4.12%
Original Mortgage
$315,000
Outstanding Balance
$143,596
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,568

Purchase Details

Closed on
May 29, 2009
Sold by
Stelzner Peter
Bought by
Burke Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,571
Interest Rate
4.87%

Purchase Details

Closed on
Jul 13, 2006
Sold by
Stelzner William
Bought by
Stelzner Peter
Source: Public Records

Range of Values:

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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
Christensen Christie E $207,500 --
Christensen Susan B $207,500 --
Burke Susan $382,500 --
Stelzner Peter $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stelzner William R $315,000
Previous Owner Stelzner William R $375,571
Previous Owner Stelzner William R $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $415,000 -5.5% $146 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $439,000 0.0% $154 / Sq Ft
01/14/2012 01/14/12 Rented $1,900 -5.0% --
11/26/2011 11/26/11 Under Contract -- -- --
11/10/2011 11/10/11 For Rent $2,000 -- --
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 $4,624 $318,900 $120,500 $198,400
2024 $4,624 $318,900 $120,500 $198,400
2023 $4,469 $229,200 $86,200 $143,000
2022 $4,573 $229,200 $86,200 $143,000
2021 $4,573 $229,200 $86,200 $143,000
2020 $9 $229,200 $86,200 $143,000
2019 $9 $229,200 $86,200 $143,000
2018 $11 $232,700 $97,000 $135,700
2017 $11 $232,700 $97,000 $135,700
2016 $4,247 $232,700 $97,000 $135,700
2015 $3,954 $222,784 $87,084 $135,700
2014 $3,787 $222,784 $87,084 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10105658

SmartMLS

APN: LYME-000041-000000-000027