M
Seller's Agent in 2019
Monika Valaouras
William Raveis Real Estate
244 Joshuatown Rd Old Lyme, CT 06371
Estimated Value: $2,326,632 - $3,630,000
5
Beds
8
Baths
10,000
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Sub-Zero Refrigerator
- 7 Acre Lot
- Lyme Consolidated School Rated A-
- Waterfront
- Deck
About This Home
As of January 2019Long winding tree hemmed drive leads you to this dramatically designed 10000 sq. ft. luxury entertainer sited on one of the highest summits in Lyme. Features a spectrum of intimate isolation overlooking the water yet convenient to town, dining, travel and conveniences. The massive stone fireplace with a storied past – the only original feature -- is the heart of home. Located in the expansive great room, overlooking a secluded utopia intruding upon broad sweeping tantalizing water views of the CT river and Essex Harbor below. Seen through cascading banks of custom over-sized windows and French doors. A “no mold model” with artistic inclinations and a blueprint of surprises. A gracious home with a dining room that will easily accommodate 50 guests. A 1700 sq. ft. master bedroom suite with reading and dressing rooms is in a world of its own. Splendid detail and architectural appointments throughout, this extravagant entertainer features --- a grand atrium rising 40’ towering over a country cloistered estate setting surrounded by multi-level terraces, a heated pool and intimate isolation on 7 acres of peace and serenity -- overlooking yachts, sails, ships and soaring eagles. Home affords versatility ranging from a caterer’s suite for large scale entertaining to comfortable and casual intimate spaces.
Last Agent to Sell the Property
Monika Valaouras
William Raveis Real Estate License #RES.0798041 Listed on: 08/09/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,899
Year Built
- Built in 1988
Lot Details
- 7 Acre Lot
- Waterfront
- Stone Wall
- Sprinkler System
- Garden
- Property is zoned zone
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 10,000 Sq Ft Home
- 2 Fireplaces
- Thermal Windows
- French Doors
- Entrance Foyer
- Sitting Room
- Solarium
- Home Gym
- Water Views
- Storage In Attic
Kitchen
- Built-In Oven
- Range Hood
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 4 Car Attached Garage
- Parking Deck
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Patio
- Terrace
- Exterior Lighting
Utilities
- Zoned Heating and Cooling System
- Baseboard Heating
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Programmable Thermostat
- Private Company Owned Well
- Oil Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2018
Closed on
Jan 11, 2019
Sold by
Bocian Frank
Bought by
Raithel Jane and Raithel James
Seller's Agent
Monika Valaouras
William Raveis Real Estate
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,952,877
Avg. Annual Appreciation
16.15%
Purchase Details
Closed on
Jun 1, 1988
Sold by
Stevenso Winifred W
Bought by
Elliott William
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raithel Jane | $900,000 | -- | |
| Elliott William | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Elliott William | $1,820,000 | |
| Previous Owner | Elliott William | $450,000 | |
| Previous Owner | Elliott William | $560,275 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2019 01/11/19 | Sold | $900,000 | -7.7% | $90 / Sq Ft |
| 11/21/2018 11/21/18 | Price Changed | $974,900 | -2.0% | $97 / Sq Ft |
| 10/08/2018 10/08/18 | Price Changed | $995,000 | -9.5% | $100 / Sq Ft |
| 08/09/2018 08/09/18 | For Sale | $1,100,000 | -- | $110 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $19,001 | $1,310,400 | $480,700 | $829,700 |
| 2024 | $19,001 | $1,310,400 | $480,700 | $829,700 |
| 2023 | $18,277 | $937,300 | $304,800 | $632,500 |
| 2022 | $18,699 | $937,300 | $304,800 | $632,500 |
| 2021 | $18,699 | $937,300 | $304,800 | $632,500 |
| 2020 | $18,699 | $937,300 | $304,800 | $632,500 |
| 2019 | $18,699 | $937,300 | $304,800 | $632,500 |
| 2018 | $28,899 | $1,553,700 | $595,800 | $957,900 |
| 2017 | $28,355 | $1,553,700 | $595,800 | $957,900 |
| 2016 | $28,355 | $1,553,700 | $595,800 | $957,900 |
| 2015 | $27,578 | $1,553,700 | $595,800 | $957,900 |
| 2014 | $26,413 | $1,553,700 | $595,800 | $957,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Edward Hillyer
Seller Co-Listing Agent in 2019
Edward Hillyer
William Raveis Real Estate
(860) 235-3424
22 Total Sales
-
Susan Malan
Buyer's Agent in 2019
Susan Malan
William Pitt
(617) 645-4392
6 in this area
170 Total Sales
Map
Source: SmartMLS
MLS Number: 170112744
APN: LYME-000010-000000-000007
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