NOT LISTED FOR SALE

254 Mile Creek Rd Old Lyme, CT 06371

Estimated Value: $484,000 - $606,000

3 Beds
2 Baths
1,865 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $249,900 $134 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,536/month

49 Days on Market

Highlights

  • Guest House
  • 0.92 Acre Lot
  • Maid or Guest Quarters
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Partially Wooded Lot

About This Home

As of September 2018

Spectacular Opportunity in Old Lyme!! Intriguing Antique Home in very good condition w/ an rentable accessory cottage on a beautiful .92 Acre lot.If only walls could talk! Priced to sell this weekend and ready to go! Many updates throughout. Two car garage. Oil Heat. Updated Electric. Wide Board Antique Flooring. Large Family Room w/ Fireplace. Updated Bathrooms. Magnificent lot with Blooming perennials and mature plantings everywhere you look! Great Old Lyme proper location within a short distance of everything this quintessential New England shoreline town. It is worth the visit!!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 05/10/2018

William Raveis Real Estate

Last Buyer's Agent

Lynn Lehrman

Re/Max Valley Shore License #REB.0759003

Re/Max Valley Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,087

Year Built

  • Built in 1730

Lot Details

  • 0.92 Acre Lot
  • Stone Wall
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU40

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Stone Foundation
  • Frame Construction
  • Shake Roof
  • Shake Siding

Interior Spaces

  • 1,865 Sq Ft Home
  • 4 Fireplaces
  • Partial Basement
  • Attic or Crawl Hatchway Insulated
  • Electric Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Additional Homes

  • Guest House

Location

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

Schools

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

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,087

Year Built

Built in 1730

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod, Ranch
  • Sq Ft Est Heated Above Grade: 1865
  • Total Sq Ft: 1865
  • Year Built: 1730
  • Nearby Amenities: Golf Course, Library, Park, Public Pool, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Route 156 to Mile Creek Rd / Look for sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 4
  • Attic Description: Access Via Hatch
  • Basement Description: Partial
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Electric Range, Refrigerator
  • Additional Rooms: Staff Quarters
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 254

Exterior Features

  • Exterior Features: Garden Area, Guest House, Stone Wall
  • Exterior Siding: Shake
  • Foundation Type: Stone
  • Roof Information: Shake
  • Waterfront Description: Access
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Heat Type: Gravity Warm Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic, Cesspool

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.9200
  • Lot Description: Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5087
  • Total Assessed Value: 233900
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1553056

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
May 10, 2018
Closed on
Sep 4, 2018
Sold by
Citrak Richard G and Citrak Laura J
Bought by
Rougny Pierre and Rougny Elizabeth
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Lynn Lehrman
Re/Max Valley Shore
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$560,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,980
Avg. Annual Appreciation
12.00%

Purchase Details

Closed on
Nov 1, 1991
Sold by
Troy Hesse Est
Bought by
Citrak Richard G and Citrak Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
8.9%
Mortgage Type
Unknown
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
Rougny Pierre $249,900 --
Citrak Richard G $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rougny Pierre $50,000
Closed Rougny Pierre $17,000
Previous Owner Citrak Richard G $80,000
Previous Owner Citrak Richard G $83,900
Previous Owner Citrak Richard G $146,450
Previous Owner Citrak Richard G $147,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $249,900 0.0% $134 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $249,900 -- $134 / 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 $5,758 $354,800 $122,200 $232,600
2024 $5,180 $212,300 $83,900 $128,400
2023 $4,989 $212,300 $83,900 $128,400
2022 $4,989 $212,300 $83,900 $128,400
2021 $4,947 $212,300 $83,900 $128,400
2020 $171 $212,300 $83,900 $128,400
2019 $5,242 $233,900 $88,300 $145,600
2018 $88 $233,900 $88,300 $145,600
2017 $86 $233,900 $88,300 $145,600
2016 $4,959 $233,900 $88,300 $145,600
2015 $4,823 $233,900 $88,300 $145,600
2014 $4,907 $249,600 $88,300 $161,300
Source: Public Records

Agents Affiliated with this Home

  • Bill Heenan

    Seller's Agent in 2018

    Bill Heenan

    William Raveis Real Estate

    (860) 850-2697

    24 in this area

    809 Total Sales

    Section Image
  • Lynn Lehrman

    Buyer's Agent in 2018

    Lynn Lehrman

    RE/MAX

    (860) 861-1771

    3 in this area

    58 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170082377

SmartMLS

APN: OLYM-000051-000000-000006

Connecticut New London County Old Lyme 06371

254 Mile Creek Rd, Old Lyme, CT

This home is located at 254 Mile Creek Rd, Old Lyme, CT 06371 since 10 May 2018 and is currently estimated at $549,435, approximately $294 per square foot. This property was built in 1730. 254 Mile Creek 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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