NOT LISTED FOR SALE

29 Old Colony Rd Old Lyme, CT 06371

Estimated Value: $596,551 - $712,000

5 Beds
2 Baths
1,360 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $330,000 $243 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,909/month

68 Days on Market

Highlights

  • Beach Access
  • Home fronts a sound
  • 1 Fireplace
  • Mile Creek School Rated A
  • Deck
  • No HOA

About This Home

As of July 2020

This home will put a smile on your face. Everything is crisp and clean and it just makes you want to put on your suit, grab the beach towel and chair and walk or go cart to the beach. The open floor plan is perfect for beach living. The kitchen is beautifully laid out with plenty of cabinet space. There is a first floor bedroom as well as a full bath. Upstairs there is a gathering area to watch TV, do puzzles or read a book on a rainy day. Four more bedrooms, one of which has sliders to an upstairs deck with stairs to the back yard, will accomodate all of those friends that found out you bought a beach house. A full bath with shower is on that level as well. Plenty of off street parking, a large storage shed for the beach toys and mower and a fenced in yard for the family pet.
Down the street is the beach for Old Colony Beach members with some of the best sand on the CT coast.
There is still time to make this yours for the summer months.

Last Agent to Sell the Property

Beth Brucker

Berkshire Hathaway NE Prop. License #RES.0083055 Listed on: 05/22/2020

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Laurie Bertrand

Coldwell Banker Realty License #RES.0052090

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a sound
  • Level Lot

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • 1 Fireplace
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Parking Deck
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include security service, road maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,192

Year Built

Built in 1940

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Neighborhood: Old Colony Beach
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1360
  • Public Record Living Room Sq Ft: 1360
  • Total Sq Ft: 1360
  • Year Built: 1940
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1803
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Rt 156 to Breen( this will be the point of entry this summer) all other streets are gated closed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Crawl Space, Dirt Floor
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Window Unit
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Security Service, Road Maintenance
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.0600
  • Lot Description: Level Lot
  • Zoning: res

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5192
  • Mil Rate Base: 23.200
  • Tax District Amount: 760
  • Assessor Parcel Number: 1555508

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
May 22, 2020
Closed on
Jul 30, 2020
Sold by
Labrot Andrew G
Bought by
Frechette Jason K
Seller's Agent
Beth Brucker
Berkshire Hathaway NE Prop.
Buyer's Agent
Laurie Bertrand
Coldwell Banker Realty
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Current Estimated Value
$657,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,888
Avg. Annual Appreciation
13.11%
Original Mortgage
$40,000
Outstanding Balance
$35,390
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$622,498
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
Frechette Jason K $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frechette Jason K $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $330,000 +3.4% $243 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $319,000 -- $235 / Sq Ft
Source: SmartMLS

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 $6,354 $391,500 $215,700 $175,800
2024 $5,461 $223,800 $123,600 $100,200
2023 $5,259 $223,800 $123,600 $100,200
2022 $5,259 $223,800 $123,600 $100,200
2021 $5,215 $223,800 $123,600 $100,200
2020 $5,192 $223,800 $123,600 $100,200
2019 $4,590 $204,800 $109,800 $95,000
2018 $4,487 $204,800 $109,800 $95,000
2017 $4,454 $204,800 $109,800 $95,000
2016 $4,342 $204,800 $109,800 $95,000
2015 $4,223 $204,800 $109,800 $95,000
2014 $5,430 $276,200 $174,900 $101,300
Source: Public Records

Agents Affiliated with this Home

  • Beth Brucker

    Seller's Agent in 2020

    Beth Brucker

    Berkshire Hathaway Home Services

    (860) 235-7770

    27 Total Sales

    Beth Brucker
    Section Image
  • Laurie Bertrand

    Buyer's Agent in 2020

    Laurie Bertrand

    Coldwell Banker Realty

    (860) 833-6164

    8 Total Sales

    Laurie Bertrand
    Section Image
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Map

Source: SmartMLS

MLS Number: 170296992

SmartMLS

APN: OLYM-000084-000000-000037

Connecticut New London County Old Lyme 06371

29 Old Colony Rd, Old Lyme, CT

Not Listed for Sale

Detached

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