NOT LISTED FOR SALE

26 Sterling City Rd Old Lyme, CT 06371

Estimated Value: $599,000 - $677,000

2 Beds
2 Baths
1,765 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $345,000 $195 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,905/month

96 Days on Market

Highlights

  • 27.49 Acre Lot
  • Wood Burning Stove
  • Ranch Style House
  • Lyme Consolidated School Rated A-
  • Secluded Lot
  • Attic

About This Home

As of February 2019

Rare first time offering of the remaining holdings of the Plimpton Estate in Lyme. Includes a 2 bedroom Ranch ready for a facelift on 4.64 acres set back off the road for privacy and seclusion. The home has newer mechanicals, central air, all appliances, and lovely hardwood and tiled floors. An antique wood/coal stove takes the chill off the morning in the kitchen. Large, spacious rooms, Tube skylights, and rear screened porch bring in great light and create a wonderful palate to update this home. A full basement and generous 2 car garage offers great storage. This property is also being sold with 22.85 acres of deeded open space to enjoy the ultimate in privacy and outdoor activities.

Last Agent to Sell the Property

Angela Ruel

Berkshire Hathaway NE Prop. License #RES.0761742 Listed on: 10/14/2018

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Angela Ruel

Berkshire Hathaway NE Prop. License #RES.0761742 Listed on: 10/14/2018

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1972

Lot Details

  • 27.49 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Many Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vertical Siding
  • Cedar Siding

Interior Spaces

  • 1,765 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: See Inclusions/Exclusions List in attachments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,331

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1765
  • Public Record Living Room Sq Ft: 1765
  • Total Sq Ft: 1765
  • Year Built: 1972
  • Exclusions: See Inclusions/Exclusions List in attachments
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4070
  • Directions: Rt 156 to Sterling City. See sign on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 26

Exterior Features

  • Exterior Features: Porch-Screened
  • Exterior Siding: Vertical Siding, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Wood/Coal Stove
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 27.4900
  • Lot Description: Dry, Secluded, Sloping Lot, Treed
  • Zoning: Residential

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5331
  • Total Assessed Value: 286600
  • Mil Rate Base: 18.600
  • Mil Rate Total: 18.600
  • Assessor Parcel Number: 2327756

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2018
Closed on
Feb 15, 2019
Sold by
Plimpton Kenneth Jr Est
Bought by
Novak Kate and Arroyo James
Seller's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$450,000
Sold Price
$345,000
Premium/Discount to List
-$105,000
-23.33%
Current Estimated Value
$641,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,286
Avg. Annual Appreciation
9.66%
Original Mortgage
$327,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Novak Kate $324,265 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winner-Arroyo James N $304,000
Closed Novak Kate $327,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $345,000 -0.9% $195 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
12/11/2018 12/11/18 Price Changed $348,000 -10.3% $197 / Sq Ft
12/11/2018 12/11/18 Price Changed $388,000 +12.8% $220 / Sq Ft
12/10/2018 12/10/18 Price Changed $344,000 -11.3% $195 / Sq Ft
11/10/2018 11/10/18 Price Changed $388,000 -13.8% $220 / Sq Ft
10/14/2018 10/14/18 For Sale $450,000 -- $255 / 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 $4,937 $340,500 $168,700 $171,800
2024 $4,937 $340,500 $168,700 $171,800
2023 $4,930 $252,800 $120,400 $132,400
2022 $5,043 $252,800 $120,400 $132,400
2021 $5,043 $252,800 $120,400 $132,400
2020 $5,043 $252,800 $120,400 $132,400
2019 $958 $252,800 $120,400 $132,400
2018 $5,331 $286,600 $151,700 $134,900
2017 $5,230 $286,600 $151,700 $134,900
2016 $5,230 $286,600 $151,700 $134,900
2015 $5,087 $286,600 $151,700 $134,900
2014 $4,872 $286,600 $151,700 $134,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170123646

SmartMLS

APN: LYME-000027-000000-000054