NOT LISTED FOR SALE

29 4 Mile River Rd Old Lyme, CT 06371

Estimated Value: $626,000 - $720,000

4 Beds
3 Baths
2,984 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $523,000 $175 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,031/month

4 Days on Market

Highlights

  • River Front
  • 1.44 Acre Lot
  • Cape Cod Architecture
  • Mile Creek School Rated A
  • Open Floorplan
  • Deck

About This Home

As of August 2022

A MUST SEE! Don’t miss this spacious, move in ready cape with open floor plan. The renovated gourmet kitchen is the heart of this home with double ovens, gas range, granite countertops, custom cabinetry. Kitchen opens into a fireplaced den and large sunlit breakfast room. Easy access to the two-tiered deck to entertain year-round. The expansive main floor also offers a formal dining room, living room and full bath. The Brazilian cherry wood floors are gorgeous!! On the second floor, is a primary bedroom with walk-in closets, two other generous bedrooms and newly renovated bath. The walk out finished basement offers many opportunities. This area offers a sun-drenched bedroom with full bath, French doors, patio and living room. Separate entrance is perfect for guests or in-law suite. You also have a storage room and two car garage on this level. This cape, nestled on 1.4 beautiful acres, offers the best of both worlds. You will feel miles away from the world in this large private back yard. You even have a relaxing sitting area next to the Four Mile River that meanders through the back of your property. Yet you 're close to major highways and local beaches down the road. Boston and NYC are less than two hours by train or car. Newer upgrades include: on demand propane hot water, propane heat, gutters, attic insulation, basement flooring, gourmet kitchen, and Brazilian cherry wood flooring on main level. Make your appointment TODAY to see this gem before it’s too late!!

Last Agent to Sell the Property

Christine Hetrick

eXp Realty License #RES.0819744 Listed on: 06/24/2022

eXp Realty

Last Buyer's Agent

Christine Hetrick

eXp Realty License #RES.0819744 Listed on: 06/24/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1992

Lot Details

  • 1.44 Acre Lot
  • River Front
  • Stone Wall
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU40

Home Design

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

Interior Spaces

  • Open Floorplan
  • 1 Fireplace
  • French Doors
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal furniture and items

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,706

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2142
  • Public Record Living Room Sq Ft: 2142
  • Sq Ft Est Heated Below Grade: 842
  • Total Sq Ft: 2984
  • Year Built: 1992
  • Nearby Amenities: Lake, Private Rec Facilities, Public Rec Facilities
  • In Law Access: Lower Level
  • In Law Apartment: Possible
  • Exclusions: personal furniture and items
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4568
  • Tax Year Updated Dt: 07/13/2022
  • Directions: GPS friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Interior Access, Garage Access, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Open Floor Plan, Security System
  • Appliances: Gas Cooktop, Wall Oven, Refrigerator, Dishwasher
  • Laundry Room Location: Lower level
  • Attic: Yes
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Deck, French Doors, Garden Area, Gutters, Patio, Stone Wall
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • 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
  • Intermediate School: Center

Lot Info

  • Acres: 1.4400
  • Lot Description: Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5706
  • Total Assessed Value: 242800
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1551621

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
Jun 24, 2022
Closed on
Aug 19, 2022
Sold by
Jordan H Muhsin T
Bought by
Jones Christopher
Seller's Agent
Christine Hetrick
eXp Realty
Buyer's Agent
Christine Hetrick
eXp Realty
List Price
$500,000
Sold Price
$523,000
Premium/Discount to List
$23,000
4.6%
Current Estimated Value
$646,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,915
Avg. Annual Appreciation
8.07%
Original Mortgage
$373,000
Outstanding Balance
$356,995
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,649

Purchase Details

Closed on
Oct 30, 2014
Sold by
Mushin Caroline I
Bought by
Adam Y Mushin T

Purchase Details

Closed on
Nov 20, 1990
Sold by
Falivene Guido
Bought by
Muhsin Hussein M
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
Jones Christopher $523,000 None Available
Adam Y Mushin T -- --
Adam Y Mushin T -- --
Adam Y Mushin T -- --
Mushin Adam Y -- --
Muhsin Hussein M $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher $373,000
Previous Owner Muhsin Hussein M $157,900
Previous Owner Muhsin Hussein M $13,500
Previous Owner Muhsin Hussein M $163,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $523,000 +4.6% $175 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $500,000 -- $168 / 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 $5,510 $339,500 $78,900 $260,600
2024 $5,924 $242,800 $82,000 $160,800
2023 $5,706 $242,800 $82,000 $160,800
2022 $5,706 $242,800 $82,000 $160,800
2021 $5,657 $242,800 $82,000 $160,800
2020 $5,633 $242,800 $82,000 $160,800
2019 $5,150 $229,800 $72,900 $156,900
2018 $5,035 $229,800 $72,900 $156,900
2017 $4,998 $229,800 $72,900 $156,900
2016 $4,872 $229,800 $72,900 $156,900
2015 $4,738 $229,800 $72,900 $156,900
2014 $4,518 $229,800 $72,900 $156,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170501193

SmartMLS

APN: OLYM-000020-000000-000048