NOT LISTED FOR SALE

23 Talcott Farm Rd Old Lyme, CT 06371

Estimated Value: $1,467,000 - $2,601,000

5 Beds
5.5 Baths
5,611 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $2,495,000 $445 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $12,859/month

96 Days on Market

Highlights

  • Pool House
  • Sub-Zero Refrigerator
  • 2.2 Acre Lot
  • Mile Creek School Rated A
  • Waterfront
  • Colonial Architecture

About This Home

As of April 2021

In the tradition of design excellence, the beauty of the location enters and melds into the beauty of home. Look through the foyer, through the Great Room, through a wall of French Doors, over the covered granite terrace, across the heated spa and pool and fall into a view of the Lieutenant River that made Old Lyme famous as a center for American Impressionism. The light playing on the river has been immortalized by countless painters, and the house embodies luxurious living with a richness of detail worthy of its site. Freshly updated with Carrara marble counters, the kitchen and butler's pantry put elegance into the cooking, storage and preparation needs for entertaining on all scales. And the fully applianced outdoor kitchen raises pool-side entertaining to resort level. Tucked away in its own wing, the master suite boasts his and hers closets and baths with a connecting shared shower. Upstairs, four bedrooms are arranged around a light filled family room complemented by a large bay window overlooking the front of the property. Two hours from New York or Boston, close to the I-95 corridor and AmTrak railroad, living on the LT River and near Long Island Sound and the CT River, whether full-time or as a getaway, is an ongoing delight.

Last Agent to Sell the Property

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 10/24/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 10/24/2020

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,643

Year Built

  • Built in 2009

Lot Details

  • 2.2 Acre Lot
  • Waterfront
  • Level Lot
  • Sprinkler System
  • Property is zoned RU80

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar Siding

Interior Spaces

  • 5,611 Sq Ft Home
  • Entertainment System
  • Built In Speakers
  • Sound System
  • 3 Fireplaces
  • Thermal Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Gas Range
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting

Pool

  • Pool House
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Walking Distance to Water
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Breezeway
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Programmable Thermostat
  • Underground Utilities
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, grounds maintenance, snow removal, water, road maintenance
  • Talcott Farm Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,643

Year Built

Built in 2009

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Neighborhood: Between the Rivers
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5611
  • Public Record Living Room Sq Ft: 5611
  • Total Sq Ft: 5611
  • Year Built: 2009
  • Nearby Amenities: Golf Course, Library, Shopping/Mall, Tennis Courts
  • Association Amenities: Playground/Tot Lot, Tennis Courts
  • Remarks Public Addendum: Association dock access. Full house generator. List of all upgrades available under the documents.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 12166
  • Directions: GPS friendly, Rt.156 to Talcott Farm Rd. House on the left, 23 Talcott Farm Rd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Concrete Floor
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Security System
  • Appliances: Gas Range, Microwave, Subzero, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Breezeway, Foyer, Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Built In Audio, Entertainment System, Lighting, Security System, Thermostat(s)
  • Street Number Modifier: 23

Exterior Features

  • Exterior Features: Breezeway, Covered Deck, French Doors, Gutters, Lighting, Patio, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Dock or Mooring, View, Walk to Water
  • Swimming Pool: Yes
  • Pool: Pool House, In Ground Pool, Spa, Heated
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 4
  • Driveway Type: Circular, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Grounds Maintenance, Snow Removal, Water, Road Maintenance
  • HOA Fees: 1600
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 2.2000
  • Lot Description: In Subdivision, Water View, Level Lot, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU80

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 19643
  • Total Assessed Value: 846700
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1551659

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Mar 26, 2021
Sold by
Mcaraw Tamara K and Mcaraw Joseph A
Bought by
Coady Sarah H and Coady James D
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
List Price
$2,700,000
Sold Price
$2,495,000
Premium/Discount to List
-$205,000
-7.59%
Current Estimated Value
$1,994,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$500,899
Avg. Annual Appreciation
-4.42%

Purchase Details

Closed on
Oct 11, 2006
Sold by
Talcott Whitney and Talcott Lisa
Bought by
Mcaraw Joseph and Mcaraw Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
6.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Coady Sarah H -- None Available
Mcaraw Joseph $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcaraw Joseph $1,320,000
Previous Owner Mcaraw Joseph $1,350,000
Previous Owner Mcaraw Joseph $535,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $2,495,000 0.0% $445 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $2,495,000 -7.6% $445 / Sq Ft
10/24/2020 10/24/20 For Sale $2,700,000 -- $481 / 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 $25,226 $1,554,300 $371,300 $1,183,000
2024 $20,659 $846,700 $261,900 $584,800
2023 $19,897 $846,700 $261,900 $584,800
2022 $19,897 $846,700 $261,900 $584,800
2021 $19,728 $846,700 $261,900 $584,800
2020 $19,643 $846,700 $261,900 $584,800
2019 $21,381 $954,100 $268,400 $685,700
2018 $20,904 $954,100 $268,400 $685,700
2017 $20,752 $954,100 $268,400 $685,700
2016 $20,227 $954,100 $268,400 $685,700
2015 $19,674 $954,100 $268,400 $685,700
2014 $18,351 $933,400 $235,000 $698,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170349163

SmartMLS

APN: OLYM-000021-000000-000027-000004