NOT LISTED FOR SALE

228 Shore Rd Old Lyme, CT 06371

Estimated Value: $439,934 - $552,000

2 Beds
1 Bath
1,371 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $285,000 $208 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,906/month

28 Days on Market

Highlights

  • Beach Front
  • Barn
  • No HOA
  • Mile Creek School Rated A
  • Property is near public transit
  • Bocce Ball Court

About This Home

As of August 2019

Recent 100% high-end remodel. Zoned commercial (C-30). Residential and commercial use (verify use with Town). Conveniently located midway between NYC and Boston, Close to town, I-95 and Trains. Easy walk to Public Beaches. Private fenced in rear yard with outdoor shower. Converted shipping container on property: A storage shed & contractors outbuilding shop (with 220 amp power). Public Water (Well back up or for irrigation), septic, gas for hot water (on demand/tankless) gas stove, oil (heat), central air, 2 electric panels (to convert to multi-unit). Year-round 2 bedroom, 1 bath home. 1,371 SF.

Last Agent to Sell the Property

Eric Reisner

eXp Realty License #RES.0796231 Listed on: 07/11/2019

eXp Realty

Last Buyer's Agent

Michael Barnes

Silver and Oak Realty License #RES.0806057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,063

Year Built

  • Built in 1925

Lot Details

  • 0.5 Acre Lot
  • Beach Front
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is zoned C-30

Home Design

  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,371 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Farming

  • Barn

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Recreation

  • Bocce Ball Court

Additional Features

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,063

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow
  • Sq Ft Est Heated Above Grade: 1371
  • Public Record Living Room Sq Ft: 1371
  • Total Sq Ft: 1371
  • Year Built: 1925
  • Nearby Amenities: Basketball Court, Bocci Court, Golf Course, Library, Playground/Tot Lot, Public Transportation, Stables/Riding, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1963
  • Tax Year Updated Dt: 07/29/2019
  • Directions: I-95, exit 70. South on Route 156 for 4.5 miles. House on left. Or exit 70, Lyme St, McCurdy Rd, to Route 156 (Shore Rd). Go 2.5 miles. Property on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full With Hatchway
  • Appliances: Gas Cooktop, Gas Range, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Disposal
  • Attic: No
  • Street Number Modifier: 228

Exterior Features

  • Exterior Features: Barn, Garden Area, Gutters, Shed
  • Exterior Siding: Shake, Cedar, Wood
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot Description: Cleared, Level Lot, Fence - Partial, Fence - Privacy
  • Zoning: C-30

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3063
  • Total Assessed Value: 136700
  • Mil Rate Base: 22.410
  • Mil Rate Total: 22.410
  • Assessor Parcel Number: 1550902

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 22, 2019
Sold by
Caslin David J and Caslin Darcy F
Bought by
Root Dawn A
Seller's Agent
Eric Reisner
eXp Realty
Buyer's Agent
Michael Barnes
Silver and Oak Realty
List Price
$319,900
Sold Price
$285,000
Premium/Discount to List
-$34,900
-10.91%
Current Estimated Value
$489,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,234
Avg. Annual Appreciation
9.26%

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 23, 2019
Sold by
Conrad Casey
Bought by
Caslin David J and Caslin Darcey F
Seller's Agent
Michael Barnes
Silver and Oak Realty
Buyer's Agent
Eric Reisner
eXp Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.60%

Purchase Details

Closed on
Sep 13, 2007
Sold by
Lodi Peter
Bought by
Conrad Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
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
Root Dawn A $285,000 --
Caslin David J $259,900 --
Conrad Casey $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conrad Casey $176,500
Previous Owner Conrad Casey $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $285,000 -5.0% $208 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $299,900 -6.3% $219 / Sq Ft
07/11/2019 07/11/19 For Sale $319,900 +23.1% $233 / Sq Ft
05/24/2019 05/24/19 Sold $259,900 0.0% $190 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $259,900 -- $190 / 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 $3,738 $230,300 $69,100 $161,200
2024 $3,599 $147,500 $71,300 $76,200
2023 $3,466 $147,500 $71,300 $76,200
2022 $3,466 $147,500 $71,300 $76,200
2021 $3,437 $147,500 $71,300 $76,200
2020 $3,422 $147,500 $71,300 $76,200
2019 $3,063 $136,700 $63,400 $73,300
2018 $2,995 $136,700 $63,400 $73,300
2017 $2,973 $136,700 $63,400 $73,300
2016 $2,898 $136,700 $63,400 $73,300
2015 $2,819 $136,700 $63,400 $73,300
2014 $2,729 $138,800 $63,400 $75,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric Reisner

    eXp Realty

    Section Image

  • M

    Seller's Agent in 2019

    Michael Barnes

    Silver and Oak Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170216761

SmartMLS

APN: OLYM-000008-000000-000035

Connecticut New London County Old Lyme 06371

228 Shore Rd, Old Lyme, CT

This home is located at 228 Shore Rd, Old Lyme, CT 06371 since 11 July 2019 and is currently estimated at $489,234, approximately $356 per square foot. This property was built in 1925. 228 Shore Rd 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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