NOT LISTED FOR SALE

264 Lyman Rd Unit 1-8 Wolcott, CT 06716

Estimated Value: $188,000 - $203,000

2 Beds
1 Bath
1,082 Sq Ft
$562/mo HOA Fee

Last Sold December 04, 2024

Last sale price $185,000 $171 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,779/month

42 Days on Market

Highlights

  • Waterfront
  • Patio
  • Hot Water Circulator
  • Ranch Style House
  • Guest Parking
  • Hot Water Heating System

About This Home

As of December 2024

Welcome to your dream home in the highly desireable Lake Hills Village condo complex, perfectly situated on the beautiful Chestnut Hill Water reservoir. This Stunning condominium features breathtaking lake views and direct lake access, making it the ideal everyday retreat. Step inside this meticulously maintained unit, featuring thoughtful updates throughout. Enjoy natural light streaming through the new sliding door, front door, and windows. The inviting open living and dining area boasts year-round lake views, complemented by a charming breakfast nook in the remodeled kitchen. With tile flooring, modern appliances, and stylish countertops, this space is perfect for cooking and entertaining. Located on the first level, this condo includes a private patio overlooking the tranquil lake, providing a peaceful spot to unwind. You will appreciate the convenient common laundry room next door or the option for in-unit washer/dryer hookup which is also available. This lovely unit, with two spacious bedrooms and a full bath, ensures comfort for you and your guests. Residents also enjoy access to a private beach area, perfect for summer relaxation. Experience exceptional value with HOA covering heat and hot water. The 65-acre Chestnut Hill reservoir is a haven for boating and swimming enthusiasts, and for enjoying endless outdoor adventure.

Last Agent to Sell the Property

Ryan Bessette

The Bessette Company, LLC License #REB.0789854 Listed on: 09/12/2024

Last Buyer's Agent

Margaret Bennett

Margaret Bennett Realty License #REB.0794899

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1965

HOA Fees

  • $562 Monthly HOA Fees

Home Design

  • 1,082 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Visitor Parking

Outdoor Features

  • Patio
  • Breezeway

Schools

  • Tyrrell Middle School
  • Wolcott High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Water Source
  • Shared Well
  • Hot Water Circulator
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 1444362

Community Details

Overview

  • Association fees include lake/beach access, grounds maintenance, trash pickup, snow removal, heat, hot water, property management
  • 41 Units
  • Property managed by Property Advisors Managem

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,049

Year Built

Built in 1965

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1082
  • Total Sq Ft: 1082
  • Year Built: 1965
  • New Construction: No/Resale
  • Nearby Amenities: Lake
  • Association Amenities: Guest Parking
  • Remarks Public Addendum: With the professional property management ensuring the maintenance of the complex and its amenities, do not miss your chance to call this incredible condominium home-your everyday vacation awaits!
  • Property Sub Type: Condominium
  • Direct Waterfront: Yes
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: To be paid by owner at closing
  • Directions: Wolcott Road to Potuccos Ring Road to Lyman Road.
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: Yes
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Laundry Room Location: Directly next door to Unit
  • Laundry Room Info: Common Laundry Area, Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Breezeway, Patio
  • Exterior Siding: Brick
  • Waterfront Description: Lake Walk to Water Dock or Mooring Beach Rights Association Required Water Community View Access
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Water System, 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, Property Management
  • HOA Fees: 562
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Property Advisors Managem
  • Property Mgt Phone: (203) 741-9628
  • Total Number of Units In Complex: Lake Hills Village

Lot Info

  • Lot Description: Lightly Wooded Treed Sloping Lot Water View
  • Flood Zone: No
  • Zoning: R-40
  • Parcel #: 1444362

Rental Info

  • Pets Allowed Info: One dog or one cat (Not t
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 41

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 2049

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Tyrrell
  • High School: Wolcott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 4, 2024
Sold by
Rose Raymond X
Bought by
Morrill Mackenzie G and Osora Matthew A
Seller's Agent
Ryan Bessette
The Bessette Company, LLC
Buyer's Agent
Margaret Bennett
Margaret Bennett Realty
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Views
69
Current Estimated Value
$195,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,894
Avg. Annual Appreciation
5.71%
Original Mortgage
$175,750
Outstanding Balance
$174,300
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,594

Purchase Details

Closed on
Aug 15, 2023
Sold by
Rose Winston and Rose Barbara C
Bought by
Rose Raymond X

Purchase Details

Closed on
Aug 14, 2014
Sold by
Rose Winston and Rose Barbara C
Bought by
Rose Winston and Rose Barbara C

Purchase Details

Closed on
Jun 4, 1999
Sold by
Blum Paula
Bought by
Sirois Sandra M and Semeraro Barbara A

Purchase Details

Closed on
Oct 28, 1998
Sold by
Saginario James R and Saginario Winifred W
Bought by
Blum Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,850
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrill Mackenzie G $185,000 None Available
Morrill Mackenzie G $185,000 None Available
Rose Raymond X -- None Available
Rose Raymond X -- None Available
Rose Winston -- --
Rose Winston -- --
Sirois Sandra M $59,500 --
Sirois Sandra M $59,500 --
Blum Paula $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrill Mackenzie G $175,750
Closed Morrill Mackenzie G $175,750
Previous Owner Blum Paula $41,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2024 12/04/24 Sold $185,000 +2.8% $171 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $179,900 0.0% $166 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $179,900 +46.3% $166 / Sq Ft
04/25/2012 04/25/12 Sold $123,000 -5.3% $114 / Sq Ft View Prior Sale
03/17/2012 03/17/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $129,900 -- $120 / 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 $2,226 $61,950 $0 $61,950
2024 $2,049 $61,950 $0 $61,950
2023 $1,974 $61,950 $0 $61,950
2022 $1,908 $61,950 $0 $61,950
2021 $2,330 $70,310 $0 $70,310
2020 $2,330 $70,310 $0 $70,310
2019 $2,330 $70,310 $0 $70,310
2018 $2,264 $70,310 $0 $70,310
2017 $2,199 $70,310 $0 $70,310
2016 $2,346 $81,160 $0 $81,160
2015 $2,279 $81,160 $0 $81,160
2014 $2,205 $81,160 $0 $81,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24046141

SmartMLS

APN: WOLC-000108-000005-000206D-000001-8