NOT LISTED FOR SALE

264 Lyman Rd Unit 1-5 Wolcott, CT 06716

Estimated Value: $151,278 - $171,000

1 Bed
1 Bath
926 Sq Ft
$481/mo HOA Fee

Last Sold June 11, 2021

Last sale price $79,000 $85 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,505/month

16 Days on Market

Highlights

  • Beach Front
  • Walking Distance to Water
  • Laundry Facilities
  • Ranch Style House
  • Baseboard Heating

About This Home

As of June 2021

Cozy Ranch Style lake front condo offers beautiful views and beach amenities. This property features 926 sqft, a spacious living room, master bedroom and kitchen. Ownership includes direct access to the lake for several outdoor recreational activities that includes: a beach area, 2 docks, boating, fishing and more! Heat and Hot Water are included in the condo fees! Conveniently located with easy access to Routes 8 and I84. Per the Lake Hills Village condominium rules and regulations, any buyer who purchases a condo in this complex must occupy the condo for a minimum of 2 years, after that time period has lapsed they can be placed on a list to potentially rent their unit out.

Last Agent to Sell the Property

Bridget Barrieau

Barrieau Realty Signature Prop License #RES.0806547 Listed on: 04/03/2021

Barrieau Realty Signature Prop

Last Buyer's Agent

Stacey Richter

Witkoski Associates, LLC. License #RES.0816366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1965

Lot Details

  • Beach Front
  • Lake Front

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vertical Siding
  • Masonry Siding

Interior Spaces

  • 926 Sq Ft Home
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water

Schools

  • Wolcott High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Shared Well
  • Oil Water Heater

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, heat, hot water
  • 41 Units
  • Lake Hills Village Community
  • Property managed by Premiere Property Mtg

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,056

Year Built

Built in 1965

Lot Details

0

HOA Fees

$481 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 926
  • Public Record Living Room Sq Ft: 926
  • Total Sq Ft: 926
  • Year Built: 1965
  • Nearby Amenities: Lake
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 982
  • Directions: Wolcott Rd to Potuccos Ring Rd to Lyman Rd
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 264

Exterior Features

  • Exterior Siding: Vertical Siding, Brick
  • Waterfront Description: Lake, Beach, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil
  • Water Source: Shared Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water
  • Complex Name: LAKE HILLS VILLAGE
  • Levels In Unit: 3
  • HOA Fees: 481
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Mgt Company Name: Premiere Property Mtg
  • Property Mgt Phone: 860-523-0157

Schools

  • Elementary School: Per Board of Ed
  • High School: Wolcott

Lot Info

  • Lot Description: Water View
  • Zoning: R-40

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2056
  • Total Assessed Value: 62050
  • Mil Rate Base: 33.140
  • Mil Rate Total: 33.140
  • Assessor Parcel Number: 1444319

Multi Family

  • Total Num Of Units: 41

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Wolcott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Jun 11, 2021
Sold by
Rainone Angelo J and Biondi Melissa
Bought by
Schmidt Gregory K
Seller's Agent
Bridget Barrieau
Barrieau Realty Signature Prop
Buyer's Agent
Stacey Richter
Witkoski Associates, LLC.
List Price
$84,900
Sold Price
$79,000
Premium/Discount to List
-$5,900
-6.95%
Current Estimated Value
$161,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,070
Avg. Annual Appreciation
17.79%
Original Mortgage
$71,000
Outstanding Balance
$64,282
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,788

Purchase Details

Closed on
Feb 5, 2013
Sold by
Widziewicz Raymond A
Bought by
Widziewicz Aloysius A

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bosco Peter A
Bought by
Rainone Angelo J and Rainone Melissa

Purchase Details

Closed on
Jul 26, 2000
Sold by
Giusto Anthony W and Mennillo Danielle R
Bought by
Bosco Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
8.18%

Purchase Details

Closed on
Oct 26, 1998
Sold by
Santopietro Albert
Bought by
Giusto Anthony W and Mennillo Danielle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,900
Interest Rate
6.74%
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
Schmidt Gregory K $79,000 None Available
Widziewicz Aloysius A -- --
Rainone Angelo J $48,500 --
Bosco Peter A $40,000 --
Giusto Anthony W $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Gregory K $71,000
Previous Owner Giusto Anthony W $39,000
Previous Owner Giusto Anthony W $26,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $79,000 -6.9% $85 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $84,900 -- $92 / 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 $2,040 $56,780 $0 $56,780
2024 $1,878 $56,780 $0 $56,780
2023 $1,810 $56,780 $0 $56,780
2022 $1,749 $56,780 $0 $56,780
2021 $2,056 $62,050 $0 $62,050
2020 $2,056 $62,050 $0 $62,050
2019 $2,056 $62,050 $0 $62,050
2018 $1,998 $62,050 $0 $62,050
2017 $1,940 $62,050 $0 $62,050
2016 $2,103 $72,760 $0 $72,760
2015 $2,043 $72,760 $0 $72,760
2014 -- $72,760 $0 $72,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170386341

SmartMLS

APN: WOLC-000108-000005-000206D-000001-5