NOT LISTED FOR SALE

286 Mile Creek Rd Old Lyme, CT 06371

Estimated Value: $648,132 - $762,000

3 Beds
2.5 Baths
2,200 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $399,000 $181 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,375/month

34 Days on Market

Highlights

  • Barn
  • 1.17 Acre Lot
  • Colonial Architecture
  • Mile Creek School Rated A
  • Open Floorplan
  • Partially Wooded Lot

About This Home

As of June 2017

CURB-APPEALING & WELL MAINTAINED COLONIAL. 3 BR, 2 1/2 BATHS, 2200 SQ FT, BUILT IN 1987 ON 1.17 ACRES. IT IS SHOWCASED WELL BACK OFF ROAD WITH SWEEPING FRONT LAWN'S BEAUTIFUL MATURE PLANTINGS & TREES...ATTACHED WINDOW BOXES AND HANGING BASKETS. ALL WOOD FLOORS, UPDATED KITCHEN, BATHROOMS, NEW CENTRAL AIR, NEW ROOF, NEW BUDERUS FURNACE. WELCOMING KITCHEN WITH ZODIAC COUNTERS & CENTER ISLAND EXTENDS INTO OPEN CONCEPT DINING AREA FEATURING FIRST OF TWO FIREPLACES, ALL OF WHICH EXPAND INTO AN OPEN FAMILY ROOM TO BECOME A YEAR ROUND LIVING & ENERTAINMENT TREAT. A 2ND FIREPLACE ADORNS A SEPARATE LIVING ROOM. A 4-SEASON (HEATED) FULLY GLASSED SUNROOM OPENS OFF ADJACENT TO THE FAMILY ROOM TO BECOME A YEAR ROUND LIVING SPACE. FULL UNFINISHED BASEMENT. PLUS CENTRAL VAC. THERE IS A LARGE 2 CAR ATTACHED GARAGE PLUS A DETACHED CARRIAGE HOUSE WITH AMPLE SPACE FOR TWO MORE CARS OR BOATS/JET SKIS ON LONG ISLAND SOUND LESS THAN TWO MILES AWAYS. PLUS A FULL WALK UP OVERHEAD STORAGE AREA.

Last Agent to Sell the Property

Mim Beardsley

Houlihan Lawrence WD License #RES.0153320 Listed on: 04/01/2017

Houlihan Lawrence WD

Last Buyer's Agent

Shawn Powers

Houlihan Lawrence WD License #RES.0805628

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1987

Lot Details

  • 1.17 Acre Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Colonial Architecture
  • Ridge Vents on the Roof
  • Clap Board Siding
  • Cedar Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Heated Enclosed Porch
  • Concrete Flooring
  • Storage In Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Farming

  • Barn

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Underground Utilities
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,317

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2200
  • Year Built: 1987
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Tennis Courts, Public Trash Pickup
  • Association Amenities: Park, Playground/Tot Lot, Tennis Courts
  • Easements Right Of Way: YES
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: ROUTE 95, EXIT 70, TAKE RIGHT OFF RAMP ONTO NECK ROAD (RT 156), STAY ON RT 156 TO LEFT ON CROSS LANE RIGHT ON MILE CREEK ROAD, HOUSE ON YOUR LEFT ON PAVED DRIVEWAY.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Concrete Floor, Full With Hatchway, Full, Hatchway Access, Sump Pump, Unfinished
  • Interior Amenities: Cable - Available, Central Vacuum, Auto Garage Door Opener, Open Floor Plan, Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 286

Exterior Features

  • Exterior Features: Barn, Garden Area, Gutters, Porch-Heated, Lighting, Underground Utilities
  • Exterior Siding: Cedar, Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage, Barn
  • Garages Number: 4
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic
  • Estimated Annual Heat Cost: 2000
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Ridge Vents

Lot Info

  • Acres: 1.1683
  • Lot Description: Lightly Wooded, Fence - Partial, Fence - Rail
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5317
  • Total Assessed Value: 250800
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1551236

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jun 16, 2017
Sold by
Black Peter M and Black Suzy I
Bought by
Cleary Edmund T and Cleary Alice S
Seller's Agent
Mim Beardsley
Houlihan Lawrence WD
Buyer's Agent
Shawn Powers
Houlihan Lawrence WD
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$694,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,533
Avg. Annual Appreciation
7.27%
Original Mortgage
$299,250
Outstanding Balance
$250,104
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,029

Purchase Details

Closed on
Mar 13, 1987
Sold by
Old Lyme Bldrs Inc
Bought by
Lane David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.01%
Source: Public Records

Range of Values:

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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
Cleary Edmund T $399,000 --
Lane David W $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane David W $299,250
Previous Owner Lane David W $192,000
Previous Owner Lane David W $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $399,000 0.0% $181 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $399,000 -- $181 / 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 $7,170 $441,800 $135,000 $306,800
2024 $6,478 $265,500 $93,100 $172,400
2023 $6,239 $265,500 $93,100 $172,400
2022 $6,239 $265,500 $93,100 $172,400
2021 $6,186 $265,500 $93,100 $172,400
2020 $6,160 $265,500 $93,100 $172,400
2019 $5,620 $250,800 $98,000 $152,800
2018 $5,495 $250,800 $98,000 $152,800
2017 $5,455 $250,800 $98,000 $152,800
2016 $5,317 $250,800 $98,000 $152,800
2015 $5,171 $250,800 $98,000 $152,800
2014 $5,088 $258,800 $98,000 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10208255

SmartMLS

APN: OLYM-000014-000000-000075