$40,000
SOLD JUN 10, 2019

29 Walnut Hill Rd East Lyme, CT 06333

1.97 Acres
$20,305 Price per Acre
85,813 Sq Ft Lot

Recently Sold

43% Below List Price

183 Days on Market

Highlights

  • 1.97 Acre Lot
  • Wetlands on Lot
  • Property is near shops
  • East Lyme Middle School Rated A-
  • No HOA
  • Many Trees

About This Lot

As of March 2020

Wonderful East Lyme Building Lot Opportunity! Scenic 1.97 Acre Front Lot w/ Approved Sub Division Maps & Approved Site Plans attached. Just bring your plans!! Priced to move & Easy to show!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 11/26/2018

William Raveis Real Estate

Last Buyer's Agent

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 11/26/2018

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,660

Lot Details

  • 1.97 Acre Lot
  • Level Lot
  • Many Trees
  • Property is zoned R40

Location

  • Property is near shops

Schools

  • East Lyme High School

Utilities

  • Well Required
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,660

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Nearby Amenities: Park, Public Pool, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Chesterfield Rd to Walnut Hill Rd / Look for sign
  • Special Features: None

Interior Features

  • Street Number Modifier: 29

Exterior Features

  • Waterfront Description: Access
  • Road Frontage Description: Paved Road
  • Road Frontage Approximate: 212

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric, Cable
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.9700
  • Lot Description: Some Wetlands, Level Lot, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Subdivision
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2018-June 2019
  • Mil Rate Base: 27.350
  • Mil Rate Total: 27.350
  • Assessor Parcel Number: 1472272

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 26, 2020
Sold by
Rbd Investments Llc
Bought by
Pat Buth
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$454,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,780
Avg. Annual Appreciation
5.98%
Original Mortgage
$303,905
Outstanding Balance
$270,388
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$166,095

Purchase Details

Listed on
Nov 26, 2018
Closed on
May 13, 2019
Sold by
Watson Edward
Bought by
Rbd Investments Llc
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Bill Heenan
William Raveis Real Estate
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1202.44%
Original Mortgage
$230,000
Interest Rate
4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $319,900 None Available
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,505 Stand Alone Refi Refinance Of Original Loan
Open $303,905 New Conventional
Previous Owner $230,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $319,900 0.0% $178 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $319,900 +699.8% $178 / Sq Ft
06/10/2019 06/10/19 Sold $40,000 -33.2% --
05/28/2019 05/28/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $59,900 -14.3% --
11/26/2018 11/26/18 For Sale $69,900 -- --
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 $6,660 $237,790 $88,690 $149,100
2024 $6,266 $237,790 $88,690 $149,100
2023 $5,916 $237,790 $88,690 $149,100
2022 $5,669 $237,790 $88,690 $149,100
2021 $6,075 $213,080 $83,510 $129,570
2020 $2,368 $83,510 $83,510 $0
2019 $2,354 $83,510 $83,510 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Heenan

    Seller's Agent in 2020

    Bill Heenan

    William Raveis Real Estate

    (860) 850-2697

    94 in this area

    818 Total Sales

    Section Image
  • Amy Rio

    Buyer's Agent in 2020

    Amy Rio

    Executive Real Estate

    (860) 916-6048

    2 in this area

    1,237 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170145037

SmartMLS

APN: 48.0 63-1

Connecticut New London County East Lyme 06333

29 Walnut Hill Rd, East Lyme, CT

This home is located at 29 Walnut Hill Rd, East Lyme, CT 06333 and is currently priced at $40,000. 29 Walnut Hill Rd is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and Carelot Children's Center - East Lyme.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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