NOT LISTED FOR SALE

29 Jericho Dr Old Lyme, CT 06371

Estimated Value: $754,412 - $926,000

4 Beds
3 Baths
3,186 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $546,000 $171 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,103/month

37 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Open Floorplan
  • Mile Creek School Rated A
  • 1.83 Acre Lot
  • Colonial Architecture

About This Home

As of June 2020

Majestically sited on the crest of a hill punctuated with hand laid field-stone walls, rock outcroppings, gardens and overlooking a bucolic pond, this lovely custom colonial exudes quiet elegance with quality appointments and design. A warm and welcoming residence, it is fabulous for entertaining with a state of the art Chef’s Kitchen highlighted by premium appliances and a large island for both prep work and dining. There is ample room for everyone to congregate and relax making it the heart of the home. Sparkling occasions are steps away in the formal Dining and Living rooms while the Family room with gas log brick clad fireplace is a perfect place for casual gatherings. A fully built out Office with dual desks and bookcases makes working at home a joy. On the upper level are four well sized bedrooms including the Master Suite which boasts a fully renovated bath and walk in closet. A second full bath services the other rooms and a Laundry room is conveniently located on this floor. The lower level has an Exercise or Recreational room and separate workshop. In addition to the attached two car garage, there is a separate country barn for two to three more vehicles. Mature landscaping, a patio with fire-pit, Hardie Plank siding, Azek trim, replacement windows and newly repaved drive make this a maintenance free property to be treasured. Old Lyme offers country charm and modern amenities with quaint inns, extraordinary museums, boutiques, restaurants and marinas.

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 02/26/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,620

Year Built

  • Built in 1976

Lot Details

  • 1.83 Acre Lot
  • Home fronts a pond
  • Stone Wall
  • Sloped Lot
  • Garden
  • Property is zoned RU40

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • HardiePlank Siding
  • Masonry Siding
  • Radon Mitigation System

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Workshop
  • Concrete Flooring
  • Smart Locks
  • Attic

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Partial Basement

Parking

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

Outdoor Features

  • Wetlands on Lot
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Property is near shops
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,620

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Neighborhood: Whippoorwill
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2886
  • Public Record Living Room Sq Ft: 2886
  • Sq Ft Est Heated Below Grade: 300
  • Total Sq Ft: 3186
  • Year Built: 1976
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Tennis Courts
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Yes
  • Public Record Gross Sq Ft: 4631
  • Directions: Route 1 to Whipoorwill to Jericho on left to # 29.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Partial With Hatchway, Partially Finished, Heated, Cooled, Concrete Floor, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Instant Hot Water Tap, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room, Mud Room, Workshop
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Lock(s)

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Patio, Stone Wall
  • Exterior Siding: Hardie Board, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Frontage, Pond
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Fireplace Insert, Thermopane Windows

Lot Info

  • Acres: 1.8300
  • Lot Description: In Subdivision, Some Wetlands, Sloping Lot, Fence - Stone, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6620
  • Mil Rate Base: 22.410
  • Assessor Parcel Number: 1553757

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 26, 2020
Sold by
Hurtt Mark E and Hurtt Connie F
Bought by
Iraci John M and Rudy Kimberly A
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
List Price
$550,000
Sold Price
$546,000
Premium/Discount to List
-$4,000
-0.73%
Current Estimated Value
$861,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,603
Avg. Annual Appreciation
8.46%
Original Mortgage
$491,400
Outstanding Balance
$436,401
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,202

Purchase Details

Closed on
Dec 8, 1998
Sold by
Brown Louis E and Brown Betty C
Bought by
Hurtt Mark E and Hurtt Connie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.68%
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
Iraci John M $546,000 None Available
Hurtt Mark E $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iraci John M $491,400
Previous Owner Hurtt Mark E $313,056
Previous Owner Hurtt Mark E $150,000
Previous Owner Hurtt Mark E $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $546,000 -0.7% $171 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $550,000 -- $173 / 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 $7,698 $474,300 $129,800 $344,500
2024 $7,113 $291,500 $99,500 $192,000
2023 $6,850 $291,500 $99,500 $192,000
2022 $6,850 $291,500 $99,500 $192,000
2021 $6,792 $291,500 $99,500 $192,000
2020 $6,763 $291,500 $99,500 $192,000
2019 $6,620 $295,400 $104,700 $190,700
2018 $6,472 $295,400 $104,700 $190,700
2017 $6,425 $295,400 $104,700 $190,700
2016 $6,262 $295,400 $104,700 $190,700
2015 $6,091 $295,400 $104,700 $190,700
2014 $5,585 $284,100 $104,700 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170267256

SmartMLS

APN: OLYM-000062-000000-000051