NOT LISTED FOR SALE

274 Mile Creek Rd Old Lyme, CT 06371

Estimated Value: $543,000 - $604,000

4 Beds
2 Baths
1,754 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $347,500 $198 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,480/month

40 Days on Market

Highlights

  • 0.95 Acre Lot
  • Open Floorplan
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Attic

About This Home

As of August 2021

Petite from the street, this home lives LARGE. Enter a sunny, vaulted foyer with an open staircase. The open kitchen, dining and great room feature bead board ceiling paneling and are warmed by a woodstove and open to a great deck which wraps the home. A spacious den is tucked to the right giving super extra living space. A FIRST FLOOR master bedroom is tucked behind with a full bath. Upstairs are 3 additional bedrooms and a full bath. Each has charm and character. There is new carpeting, a new second floor bath remodel, new hot water heater, dishwasher and more. Close to Mile Creek K-5 elementary and 1.5 miles to the beach. This home sits on the corner of Woodridge Hills Road, a cul-de-sac lane. Just RIGHT!

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 05/13/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 1978

Lot Details

  • 0.95 Acre Lot
  • Stone Wall
  • Corner Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,754 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • Private Driveway
  • Off-Street Parking

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wrap Around Balcony
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,201

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1754
  • Public Record Living Room Sq Ft: 1754
  • Total Sq Ft: 1754
  • Year Built: 1978
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Private Rec Facilities, Public Rec Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3420
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Mile Creek Road. Corner of Woodridge Hills
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch, Storage Space
  • Basement Description: Full With Hatchway
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 274

Exterior Features

  • Exterior Features: Stone Wall, Wrap Around Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Mile Creek
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.9500
  • Lot Description: Open Lot, Corner Lot, Lightly Wooded
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5201
  • Total Assessed Value: 223200
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1553066

MLS Schools

  • Elementary School: Mile Creek
  • 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 13, 2021
Closed on
Sep 27, 2021
Sold by
Klewin Kyle C
Bought by
Piacenza Michael S
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$409,000
Sold Price
$347,500
Premium/Discount to List
-$61,500
-15.04%
Current Estimated Value
$573,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,354
Avg. Annual Appreciation
12.59%
Original Mortgage
$350,630
Outstanding Balance
$319,742
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,112
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
Piacenza Michael S $369,085 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piacenza Michael S $350,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $347,500 -7.3% $198 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/23/2021 06/23/21 Price Changed $374,900 -5.1% $214 / Sq Ft
05/27/2021 05/27/21 Price Changed $395,000 -3.4% $225 / Sq Ft
05/14/2021 05/14/21 For Sale $409,000 -- $233 / 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 $5,640 $347,500 $135,300 $212,200
2024 $5,446 $223,200 $92,900 $130,300
2023 $5,245 $223,200 $92,900 $130,300
2022 $5,245 $223,200 $92,900 $130,300
2021 $5,201 $223,200 $92,900 $130,300
2020 $5,178 $223,200 $92,900 $130,300
2019 $4,890 $218,200 $97,800 $120,400
2018 $4,781 $218,200 $97,800 $120,400
2017 $4,746 $218,200 $97,800 $120,400
2016 $4,626 $218,200 $97,800 $120,400
2015 $4,499 $218,200 $97,800 $120,400
2014 $4,427 $225,200 $97,800 $127,400
Source: Public Records

Agents Affiliated with this Home

  • Nancy Mesham

    Seller's Agent in 2021

    Nancy Mesham

    Coldwell Banker Realty

    (860) 227-9071

    65 in this area

    162 Total Sales

    Nancy Mesham
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Map

Source: SmartMLS

MLS Number: 170397255

SmartMLS

APN: OLYM-000051-000000-000016

Connecticut New London County Old Lyme 06371

274 Mile Creek Rd, Old Lyme, CT

This home is located at 274 Mile Creek Rd, Old Lyme, CT 06371 since 13 May 2021 and is currently estimated at $573,854, approximately $327 per square foot. This property was built in 1978. 274 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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