NOT LISTED FOR SALE

298 Chesterfield Rd East Lyme, CT 06333

Estimated Value: $302,000 - $330,277

2 Beds
1 Bath
1,092 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $299,000 $274 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,076/month

4 Days on Market

Highlights

  • 2.63 Acre Lot
  • Ranch Style House
  • 1 Fireplace
  • East Lyme Middle School Rated A-
  • Attic
  • Hot Water Circulator

About This Home

As of June 2024

HIGHEST AND BEST DUE BY THURSDAY 5/23 AT 3PM. Welcome to 298 Chesterfield Road, a charming ranch set on over 2.5 acres in the Flanders section of East Lyme. This 2 bedroom 1 bathroom home has ample storage space, a wood burning fireplace, and a large fenced in front yard perfect for family and friends and/or pets. The full walkout basement invites the possibility of future expansion or a workshop as well as an abundance of storage. Plentiful rays of natural sunlight come through the bay window in the living room and the vinyl replacement windows. Enjoy nature while relaxing on the oversized rear deck overlooking a private wooded backyard. Spend summer evenings around the custom built fire-pit with natural rock ledge that showcases blooming perennials . Don't miss out on this beautiful home.

Last Agent to Sell the Property

Michael Lamb

Keller Williams Coastal License #RES.0812073 Listed on: 05/09/2024

Keller Williams Coastal

Last Buyer's Agent

Mike Bowers

Coldwell Banker Realty License #RES.0786988

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1966

Lot Details

  • 2.63 Acre Lot
  • Property is zoned R40

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1472211

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,866

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Neighborhood: Flanders Village
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1092
  • Total Sq Ft: 1092
  • Year Built: 1966
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1092
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Walk-out
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 298

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Seasonal
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Under House Garage, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 2.63
  • Lot Description: Fence - Privacy Lightly Wooded Rocky
  • Zoning: R40
  • Parcel #: 1472211

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3866
  • Total Assessed Value: 155400
  • Mil Rate Total: 24.88

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 9, 2024
Closed on
Jun 26, 2024
Sold by
Day Phillip J and Day Katherine L
Bought by
Barone Nicholas and Bell Sarah
Seller's Agent
Michael Lamb
Keller Williams Coastal
Buyer's Agent
Mike Bowers
Coldwell Banker Realty
List Price
$299,000
Sold Price
$299,000
Views
75
Current Estimated Value
$314,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,319
Avg. Annual Appreciation
3.02%
Original Mortgage
$239,200
Outstanding Balance
$236,570
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$72,946

Purchase Details

Listed on
Jul 9, 2012
Closed on
May 16, 2013
Sold by
Olsen Eric W
Bought by
Day Phillip J and Day Katherine L
Seller's Agent
Jean Fleet
Berkshire Hathaway NE Prop.
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$199,900
Sold Price
$168,000
Premium/Discount to List
-$31,900
-15.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$164,800
Interest Rate
2.75%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Barone Nicholas $299,000 None Available
Day Phillip J $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Nicholas $239,200
Previous Owner Day Philip $25,000
Previous Owner Olsen Eric $164,800
Previous Owner Olsen Eric $136,000
Previous Owner Olsen Eric $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $299,000 0.0% $274 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $299,000 +78.0% $274 / Sq Ft
05/15/2013 05/15/13 Sold $168,000 -16.0% $154 / Sq Ft
03/16/2013 03/16/13 Pending -- -- --
07/09/2012 07/09/12 For Sale $199,900 -- $183 / 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 $4,353 $155,400 $70,350 $85,050
2024 $4,095 $155,400 $70,350 $85,050
2023 $3,866 $155,400 $70,350 $85,050
2022 $3,705 $155,400 $70,350 $85,050
2021 $3,912 $137,200 $81,200 $56,000
2020 $3,891 $137,200 $81,200 $56,000
2019 $3,868 $137,200 $81,200 $56,000
2018 $3,752 $137,200 $81,200 $56,000
2017 $3,589 $137,200 $81,200 $56,000
2016 $3,206 $126,420 $70,350 $56,070
2015 $3,124 $126,420 $70,350 $56,070
2014 $3,038 $126,420 $70,350 $56,070
Source: Public Records

Agents Affiliated with this Home

  • Michael Lamb

    Seller's Agent in 2024

    Michael Lamb

    Keller Williams Coastal

    (401) 644-8349

    2 in this area

    61 Total Sales

    Michael Lamb
    Section Image
  • Mike Bowers

    Buyer's Agent in 2024

    Mike Bowers

    Coldwell Banker Realty

    (860) 460-8722

    3 in this area

    24 Total Sales

    Mike Bowers
    Section Image

  • J

    Seller's Agent in 2013

    Jean Fleet

    Berkshire Hathaway Home Services

    Section Image
  • Ann Carpenter

    Buyer's Agent in 2013

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    67 in this area

    270 Total Sales

    Ann Carpenter
    Section Image
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Map

Source: SmartMLS

MLS Number: 24016602

SmartMLS

APN: ELYM-004800-000002

Connecticut New London County East Lyme 06333

298 Chesterfield Rd, East Lyme, CT

This home is located at 298 Chesterfield Rd, East Lyme, CT 06333 since 09 May 2024 and is currently estimated at $314,319, approximately $287 per square foot. This property was built in 1966. 298 Chesterfield 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.

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