NOT LISTED FOR SALE

295 Boston Post Rd Old Lyme, CT 06371

Estimated Value: $110,000 - $755,866

2.52 Acres
$226,078 Price per Acre
109,771 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $87,500 $38 Per Sq Ft

Est. 551% increase in value since last sale

Current estimated payment $3,034/month

440 Days on Market

Highlights

  • 2.52 Acre Lot
  • Mile Creek School Rated A
  • Property is near shops

About This Lot

As of June 2024

This is a lovely and peaceful lot with the housing site set far off the road, and planned septic in front. The lot is overall level, with the highest point reserved for the home. And the best part? The well is already drilled and functional. Come build your dream house here, right in Old Lyme, the home of American Impressionism and so much more.

Last Agent to Sell the Property

Terry Kemper

Coldwell Banker Realty License #RES.0766534 Listed on: 03/04/2023

Coldwell Banker Realty

Last Buyer's Agent

Michael Zarotney

William Pitt Sotheby's Int'l License #REB.0788559

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,304

Lot Details

  • 2.52 Acre Lot
  • Property is zoned RU80

Location

  • Property is near shops

Schools

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

Utilities

  • Private Company Owned Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1552463

Property Details

Property Type

Land

Est. Annual Taxes

$1,304

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Lake, Library, Park, Private School(s), Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Directions: Boston Post Road is Rt 1. Sign is posted
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Paved Road

Utilities

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

Lot Info

  • Acres: 2.52
  • Lot Description: Lightly Wooded Rolling Sloping Lot Treed
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RU80
  • Parcel #: 1552463

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 1304

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2025
Sold by
Connecticut Re Prop Llc
Bought by
Mccrea James P and Mccrea Yvonne H
Current Estimated Value
$569,717

Purchase Details

Listed on
Mar 4, 2023
Closed on
Jun 24, 2024
Sold by
Mcmahon Kevin J and Mcmahon Sean A
Bought by
Connecticut Re Prop Llc
Seller's Agent
Terry Kemper
Coldwell Banker Realty
Buyer's Agent
Michael Zarotney
William Pitt Sotheby's Int'l
List Price
$99,900
Sold Price
$87,500
Premium/Discount to List
-$12,400
-12.41%
Views
498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
234.92%

Purchase Details

Closed on
May 15, 2021
Sold by
Macneil Brian
Bought by
Mcmahon Kevin J and Mcmahon Sean A

Purchase Details

Closed on
May 2, 2006
Sold by
Mccracken Sheila
Bought by
Macneil Brian

Purchase Details

Closed on
Dec 28, 1999
Sold by
Robert L Day Co Inc
Bought by
Mccracken Sheila and Mccracken Brian

Purchase Details

Closed on
Aug 8, 1996
Sold by
Tradewinds Dev Inc
Bought by
Robert L Day Co Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mccrea James P $720,000 --
Connecticut Re Prop Llc $87,500 None Available
Mcmahon Kevin J $77,500 None Available
Macneil Brian $52,000 --
Mccracken Sheila $45,000 --
Robert L Day Co Inc $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert L Day Co Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $87,500 -12.4% $38 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/04/2023 03/04/23 For Sale $99,900 -- $44 / 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 $1,024 $63,100 $63,100 $0
2024 $1,354 $55,500 $55,500 $0
2023 $1,304 $55,500 $55,500 $0
2022 $1,304 $55,500 $55,500 $0
2021 $1,293 $55,500 $55,500 $0
2020 $1,728 $74,500 $74,500 $0
2019 $1,486 $66,300 $66,300 $0
2018 $1,453 $66,300 $66,300 $0
2017 $1,442 $66,300 $66,300 $0
2016 $1,406 $66,300 $66,300 $0
2015 $1,367 $66,300 $66,300 $0
2014 $1,303 $66,300 $66,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Kemper

    Seller's Agent in 2024

    Terry Kemper

    Coldwell Banker Realty

    (860) 908-7820

    18 in this area

    79 Total Sales

    Terry Kemper
    Section Image
  • Michael Zarotney

    Buyer's Agent in 2024

    Michael Zarotney

    William Pitt

    (860) 205-6060

    5 in this area

    19 Total Sales

    Michael Zarotney
    Section Image
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Map

Source: SmartMLS

MLS Number: 170552342

SmartMLS

APN: OLYM-000035-000000-000012

Connecticut New London County Old Lyme 06371

295 Boston Post Rd, Old Lyme, CT

Not Listed for Sale

Lots

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