NOT LISTED FOR SALE

28 Homestead Cir Old Lyme, CT 06371

Estimated Value: $628,000 - $765,000

3 Beds
3 Baths
2,208 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $460,000 $208 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,058/month

13 Days on Market

Highlights

  • Ocean Front
  • Sub-Zero Refrigerator
  • Fruit Trees
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Deck

About This Home

As of December 2020

**DIRECT WATERFRONT on the Black Hall River**. This tidal river is one of southern New England's recreational flatwater kayaking rivers, and boasts scenic views through a marshy rural area that has a large presence of wildlife. Location is impeccable for recreational boating and is minutes away from some of the area's prime fishing destinations. Easily accessible to Long Island Sound. 193' of tidal property with dock and located steps from bait and tackle marina that provides opportunities for paddle boarding, boat rentals, boat slips.  .77 acres of professionally landscaped grounds admirably located on the Pollinator Pathway. Bring a bucket down to your private dock where you can catch crabs and invite your friends to your own Crab Fest. Large deck and attached enclosed porch with sweeping views of the river is perfect for entertaining your guests, or simply enjoying a peaceful moment to yourself.  Views from nearly every room inside the house. Sizable front to back living room and lovely fireplace and hardwood flooring throughout. Well appointed kitchen includes large island topped with granite countertops and prep sink.  Butcher block countertops add a sense of "warmth" to the space, and double Subzero beverage drawers provides plenty of extra refrigeration for beverages. Small bedroom and full bath, including, grand soaking tub, and mudroom with washer and dryer complete the first floor. *See additional remarks*

Last Agent to Sell the Property

Amanda Zorovich

eXp Realty License #REB.0791335 Listed on: 11/06/2020

eXp Realty

Last Buyer's Agent

Hilary Reid

Coldwell Banker Realty License #RES.0814365

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,570

Year Built

  • Built in 1950

Lot Details

  • 0.77 Acre Lot
  • Ocean Front
  • River Front
  • Level Lot
  • Fruit Trees
  • Property is zoned R-20

Home Design

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

Interior Spaces

  • 2 Fireplaces
  • Thermal Windows
  • Water Views

Kitchen

  • Oven or Range
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,570

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1554
  • Public Record Living Room Sq Ft: 1554
  • Sq Ft Est Heated Below Grade: 654
  • Total Sq Ft: 2208
  • Year Built: 1950
  • Nearby Amenities: Golf Course, Medical Facilities, Park, Public Transportation
  • Remarks Public Addendum: Wake up to the sun rising over the river in a large master bedroom suite on the second floor enriched with cork flooring, large walk-in closet and generously sized bathroom with modern amenities.  Fully finished walkout basement provides additional living
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4273
  • Tax Year Updated Dt: 11/03/2020
  • Directions: GPS Friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Crawl Space, Storage Space
  • Basement Description: Full With Walk-Out, Fully Finished
  • Appliances: Oven/Range, Refrigerator, Subzero, Dishwasher, Washer, Dryer
  • Additional Rooms: Breezeway
  • Laundry Room Info: Lower Level, Main Level
  • Attic: Yes
  • Street Number Modifier: 28

Exterior Features

  • Exterior Features: Deck, Fruit Trees, Patio, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Ocean Frontage, River, Dock or Mooring
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Cement

Utilities

  • Cooling System: Central Air, Heat Pump
  • Heat Type: Heat Pump, Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.7700
  • Lot Description: In Flood Zone, Water View, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6570
  • Total Assessed Value: 283200
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1552578

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 18, 2020
Sold by
Abbott Doreen C
Bought by
Reid Hilary C
Seller's Agent
Amanda Zorovich
eXp Realty
Buyer's Agent
Hilary Reid
Coldwell Banker Realty
List Price
$455,000
Sold Price
$460,000
Premium/Discount to List
$5,000
1.1%
Current Estimated Value
$673,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,415
Avg. Annual Appreciation
8.58%
Original Mortgage
$335,000
Outstanding Balance
$300,136
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$379,857
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reid Hilary C $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Hilary C $335,000
Previous Owner Abbott Doreen C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $460,000 +1.1% $208 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $455,000 -- $206 / 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 $6,010 $370,300 $127,600 $242,700
2024 $6,910 $283,200 $132,400 $150,800
2023 $6,655 $283,200 $132,400 $150,800
2022 $6,655 $283,200 $132,400 $150,800
2021 $6,599 $283,200 $132,400 $150,800
2020 $6,570 $283,200 $132,400 $150,800
2019 $5,732 $255,800 $117,700 $138,100
2018 $5,605 $255,800 $117,700 $138,100
2017 $5,564 $255,800 $117,700 $138,100
2016 $5,423 $255,800 $117,700 $138,100
2015 $5,275 $255,800 $117,700 $138,100
2014 $5,955 $302,900 $147,100 $155,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170352428

SmartMLS

APN: OLYM-000043-000000-000026