NOT LISTED FOR SALE

23 Breen Ave Old Lyme, CT 06371

Estimated Value: $544,011 - $741,000

2 Beds
1 Bath
1,007 Sq Ft
$608/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $349,900 $347 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,562/month

8 Days on Market

Highlights

  • Beach Access
  • Deck
  • Heated Enclosed Porch
  • Mile Creek School Rated A
  • Attic
  • Cottage

About This Home

As of May 2018

Beautiful cottage at Old Colony Beach built in 1947 which combines old world charm with modern conveniences and the one with the gorgeous hydrangeas! Bright and sunny front porch, pine paneled living room, shaker style white kitchen, 2 bedrooms with full size closets, a full bath, and pretty yellow pine floors throughout. Weekend guests? The attic has been turned into a loft with 2 twin beds and sitting area. The stairs can be retracted and the ceiling closed up if desired. Completely updated inside & out in 2006. Outside improvements include Certainteed cedar shake siding, Timberline 30 yr architectural roof, large outdoor shower, laundry room, composite deck w/ sunbrella electric retractable awning, & Kloter Farms shed. Indoor improvements include kitchen remodel, refinished floors, thermopane windows, 2 zone central air w/ HEPA filter, separately zoned baseboard heat, white bead board ceilings, upgraded electrical & plumbing. When not enjoying the beach, relax on your deck or play in the private level yard surrounded by cedar fencing outlined w/ colorful perennials. Old Colony is a private gated beach assoc. comprised of 4 streets with approx 200 homes - one of the smaller populations with the largest beach! A fantastic location for a summer getaway near Rts 9 and 95 - just 50 min to Hartford - and a short distance from shopping & restaurants in Essex, Old Saybrook, Niantic, New London, & Mystic. If you want to share your dream cottage there is a strong rental history

Last Agent to Sell the Property

Bonnie Collins

William Raveis Real Estate License #RES.0787485 Listed on: 04/20/2018

William Raveis Real Estate

Last Buyer's Agent

Elizabeth Checovetes

Tier 1 Real Estate License #RES.0792746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,007 Sq Ft Home
  • Heated Enclosed Porch
  • Walkup Attic

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Rough-In
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Shed

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake/beach access, security service
  • Old Colony Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,961

Year Built

Built in 1947

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Bungalow, Cottage
  • Sq Ft Est Heated Above Grade: 1007
  • Public Record Living Room Sq Ft: 758
  • Total Sq Ft: 1007
  • Year Built: 1947
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1172
  • Directions: Shore Road (Rt 156) to Breen Ave in Old Colony Beach Association
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Walk-up
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Additional Rooms: Roughed-In Bath
  • Laundry Room Location: Laundry shed on deck
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Porch-Heated, Shed
  • Exterior Siding: Shake, Wood
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Cesspool

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Security Service
  • HOA Fees: 450
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association

Lot Info

  • Acres: 0.1100
  • Lot Description: Dry, Level Lot, Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-10
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3961
  • Mil Rate Base: 21.750
  • Assessor Parcel Number: 1555534

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
Apr 20, 2018
Closed on
Jun 5, 2018
Sold by
Grigorian Steven P
Bought by
Seamour Jon and Seamour Denise
Seller's Agent
Bonnie Collins
William Raveis Real Estate
Buyer's Agent
Elizabeth Checovetes
Tier 1 Real Estate
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$585,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,333
Avg. Annual Appreciation
7.59%
Original Mortgage
$209,900
Outstanding Balance
$181,118
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$430,635

Purchase Details

Closed on
Mar 13, 2013
Sold by
Grigorian Beth A
Bought by
Grigorian Steven P

Purchase Details

Closed on
Aug 30, 2000
Sold by
Saunders Noreen G
Bought by
Grigorian Steven P and Grigorian Beth A
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
Seamour Jon $349,900 --
Grigorian Steven P -- --
Grigorian Steven P $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigorian Steven P $209,900
Previous Owner Grigorian Steven P $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $349,900 0.0% $347 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $349,900 -- $347 / 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 $5,924 $365,000 $238,000 $127,000
2024 $4,748 $194,600 $136,400 $58,200
2023 $4,573 $194,600 $136,400 $58,200
2022 $4,573 $194,600 $136,400 $58,200
2021 $4,534 $194,600 $136,400 $58,200
2020 $4,515 $194,600 $136,400 $58,200
2019 $4,081 $182,100 $121,200 $60,900
2018 $3,990 $182,100 $121,200 $60,900
2017 $3,961 $182,100 $121,200 $60,900
2016 $3,861 $182,100 $121,200 $60,900
2015 $3,755 $182,100 $121,200 $60,900
2014 $4,923 $250,400 $182,800 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170072993

SmartMLS

APN: OLYM-000084-000000-000062