NOT LISTED FOR SALE

25 Massachusetts Rd Old Lyme, CT 06371

Estimated Value: $856,350 - $1,016,000

4 Beds
1.5 Baths
1,884 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $434,000 $230 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,783/month

202 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Attic
  • Mile Creek School Rated A
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of January 2013

Need a large cottage with plenty of room for the growing family & friends? Then this is it! Large dbl lot w/garage storage. New roof,1st floor ceilings,sparkling wood floors!Private beach,tennis,basketball,boating,security. Only old lyme beach w/sewers

Last Agent to Sell the Property

Margaret Hurley

Berkshire Hathaway NE Prop. License #RES.0326900 Listed on: 05/22/2012

Last Buyer's Agent

Margaret Hurley

Berkshire Hathaway NE Prop. License #RES.0326900 Listed on: 05/22/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1927

Lot Details

  • 9,148 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot
  • Partially Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water

Schools

  • Milecreek Elementary School
  • Old Lyme High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Point O'woods Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,323

Year Built

Built in 1927

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1884
  • Year Built: 1927
  • Nearby Amenities: Private Rec Facilities, Public Trash Pickup
  • Association Amenities: Private Rec Facilities
  • Directions: Rt.156 To connecticut road. Pass beneath railroad tressle. Follow connecticut rd, then stay to the left at the fork in the road. #25
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Interior Amenities: Cable - Available
  • Appliances: Microwave, Oven/Range, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Association Required, Beach, L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 451
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Milecreek
  • High School: Old Lyme

Lot Info

  • Acres: 0.2100
  • Lot Description: Level Lot, Lightly Wooded
  • Property Info: Gated Community, Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 5323
  • Total Assessed Value: 276400
  • Assessor Parcel Number: 1555809

MLS Schools

  • Elementary School: Milecreek
  • High School: Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Jan 25, 2013
Sold by
Kulmacz Ruth J
Bought by
Minkos Joseph M
Seller's Agent
Margaret Hurley
Berkshire Hathaway NE Prop.
Buyer's Agent
Margaret Hurley
Berkshire Hathaway NE Prop.
List Price
$515,000
Sold Price
$434,000
Premium/Discount to List
-$81,000
-15.73%
Total Days on Market
202
Current Estimated Value
$923,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,588
Avg. Annual Appreciation
6.47%
Original Mortgage
$347,200
Interest Rate
3.35%
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
Minkos Joseph M $434,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minkos Joseph M $394,000
Closed Minkos Joseph M $347,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $434,000 -15.7% $230 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $515,000 -- $273 / 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 $9,026 $556,100 $260,100 $296,000
2024 $7,330 $300,400 $134,100 $166,300
2023 $7,059 $300,400 $134,100 $166,300
2022 $7,059 $300,400 $134,100 $166,300
2021 $6,999 $300,400 $134,100 $166,300
2020 $6,969 $300,400 $134,100 $166,300
2019 $7,178 $320,300 $166,000 $154,300
2018 $7,018 $320,300 $166,000 $154,300
2017 $6,967 $320,300 $166,000 $154,300
2016 $5,699 $268,800 $166,000 $102,800
2015 $5,543 $268,800 $166,000 $102,800
2014 $5,434 $276,400 $175,600 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G623002

SmartMLS

APN: OLYM-000091-000000-000041