Seller's Agent in 2024
Faith Weiss
Coldwell Banker Realty
(860) 798-0157
8 in this area
43 Total Sales
26 Sargent Rd Old Lyme, CT 06371
Estimated Value: $625,000 - $781,000
2
Beds
0.5
Bath
650
Sq Ft
$1,082/Sq Ft
Est. Value
Highlights
- Deck
- 1 Fireplace
- Cottage
- Mile Creek School Rated A
- Tennis Courts
- Community Garden
About This Home
As of September 2024Welcome to your quintessential New England retreat in Old Lyme's sought after Point O' Woods beach community. This charming 2-bedroom cottage, boasting a cozy sleeping loft, invites you to experience the timeless allure of coastal living. Step inside to discover a living room adorned with a rustic stone fireplace, embodying the essence of New England charm. The enclosed front and rear porches provide delightful spaces to undwind while a outdoor shower offers a refreshing way to rinse off at the end of the day at the beach. Admire serene water views from this updated coastal gem, featuring a newly renovated white kitchen with granite countertops and modern appliances. New laminate flooring throughout adds a fresh touch, enhancing the cottages appeal. Relish al fresco dining on the Trex deck, perfect for enjoying meals amidst the tranquil surroundings. Don't miss the opportunity to make this Point O' Woods cottage your own slice of coastal paradise in Old Lyme!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0809770 Listed on: 06/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,122
Year Built
- Built in 1940
Lot Details
- 5,663 Sq Ft Lot
- Property is zoned R-10
HOA Fees
- $71 Monthly HOA Fees
Home Design
- Cottage
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 650 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 0.5 Bathroom
Parking
- 1 Car Garage
- Parking Deck
Outdoor Features
- Deck
- Enclosed Patio or Porch
Location
- Property is near golf course and shops
Schools
- Lyme-Old Lyme Middle School
- Lyme-Old Lyme High School
Utilities
- Wall Furnace
- Heating System Uses Oil Above Ground
- Heating System Mounted To A Wall or Window
- Heating System Uses Propane
Listing and Financial Details
- Assessor Parcel Number 1556004
Community Details
Overview
- Association fees include tennis, lake/beach access, grounds maintenance, road maintenance
Amenities
- Community Garden
Recreation
- Tennis Courts
- Community Basketball Court
- Bocce Ball Court
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Sep 6, 2024
Sold by
Griswold Elysia C and Kaplan Charles S
Bought by
Gordon Yale and Gordon Alisa
Seller's Agent
Faith Weiss
Coldwell Banker Realty
Buyer's Agent
Susan Ollestad
Coldwell Banker Realty
List Price
$549,900
Sold Price
$627,500
Premium/Discount to List
$77,600
14.11%
Views
49
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
$76,069
Avg. Annual Appreciation
8.64%
Original Mortgage
$502,000
Outstanding Balance
$496,681
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,888
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gordon Yale | $627,500 | None Available | |
| Gordon Yale | $627,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gordon Yale | $502,000 | |
| Closed | Gordon Yale | $502,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $627,500 | +14.1% | $965 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $549,900 | -- | $846 / 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 | $7,859 | $484,200 | $392,800 | $91,400 |
| 2024 | $6,122 | $250,900 | $202,500 | $48,400 |
| 2023 | $5,896 | $250,900 | $202,500 | $48,400 |
| 2022 | $5,896 | $250,900 | $202,500 | $48,400 |
| 2021 | $5,846 | $250,900 | $202,500 | $48,400 |
| 2020 | $5,821 | $250,900 | $202,500 | $48,400 |
| 2019 | $6,884 | $307,200 | $250,700 | $56,500 |
| 2018 | $6,731 | $307,200 | $250,700 | $56,500 |
| 2017 | $6,682 | $307,200 | $250,700 | $56,500 |
| 2016 | $6,513 | $307,200 | $250,700 | $56,500 |
| 2015 | $6,334 | $307,200 | $250,700 | $56,500 |
| 2014 | $6,531 | $332,200 | $265,200 | $67,000 |
Source: Public Records
Agents Affiliated with this Home
-
Faith Weiss
-
Susan Ollestad
Buyer's Agent in 2024
Susan Ollestad
Coldwell Banker Realty
(860) 424-7637
1 in this area
26 Total Sales
Map
Source: SmartMLS
MLS Number: 24028066
APN: OLYM-000093-000000-000065
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