NOT LISTED FOR SALE

3 Bayberry Ridge Rd Old Lyme, CT 06371

Estimated Value: $731,005 - $811,000

4 Beds
2.5 Baths
2,651 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $717,500 $271 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,800/month

2 Days on Market

Highlights

  • Spa
  • 1.68 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of August 2023

This lovely Tudor is set privately up a hill and off the road, boasting an oversized multilevel deck with a hot tub overlooking an amazingly level professionally landscaped backyard, and that’s just the beginning! Large rooms with large windows and beautiful smokey gray/blue slate floors are in many of the main floor room, including the family room which has a beautiful stone fireplace. The kitchen is newly renovated with new cabinets, flooring, and a generously wide galley layout. Dining areas on either end of the kitchen both overlook the expansive deck and landscaped yard. The laundry room/mudroom separates the kitchen from the garage entrance. The second floor is fully carpeted except for the generous landing which has modern laminate flooring. The primary bedroom has a fireplace, dressing area, private bath and walk in cedar closet. The home has been extremely well cared for for decades and both the roof and HVAC system are less than 10 years old. Lay-Allen Preserve’s newest hiking access is located right across the street for exploring on any day; over 200 acres of trails calls you for mediation and peaceful moments to yourself. Don’t miss this special home in this amazing location.

Last Agent to Sell the Property

Terry Kemper

Coldwell Banker Realty License #RES.0766534 Listed on: 07/07/2023

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Petersen

Coldwell Banker Realty License #RES.0807265

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,068

Year Built

  • Built in 1974

Lot Details

  • 1.68 Acre Lot
  • Garden
  • Property is zoned RU80

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Stucco Exterior
  • Radon Mitigation System

Interior Spaces

  • 2,651 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Concrete Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Spa
  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater

Community Details

  • Jericho Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1552238

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,068

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Tudor
  • Sq Ft Est Heated Above Grade: 2651
  • Total Sq Ft: 2651
  • Year Built: 1974
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Health Club, Lake, Library, Medical Facilities, Park, Private School(s), Tennis Courts
  • Association Amenities: None
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5240
  • Directions: Boston Post Road to Whippoorwill to Jericho to Ladyslipper to Bayberry; second home on your right
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2651
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Storage
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room, Mud Room
  • Laundry Room Location: Mudroom, off the kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Hot Tub, Lighting, Underground Utilities
  • Exterior Siding: Brick, Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick, Stucco

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 1.68
  • Lot Description: In Subdivision Level Lot Lightly Wooded Sloping Lot Professionally Landscaped
  • Zoning: RU80
  • Parcel #: 1552238

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6068
  • Total Assessed Value: 258200
  • Mil Rate Total: 23.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 21, 2023
Sold by
Poeta Devon
Bought by
Verrelli Brian A and Peterson Kristen
Seller's Agent
Terry Kemper
Coldwell Banker Realty
Buyer's Agent
Kimberly Petersen
Coldwell Banker Realty
List Price
$649,900
Sold Price
$717,500
Premium/Discount to List
$67,600
10.4%
Views
44
Current Estimated Value
$762,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,475
Avg. Annual Appreciation
3.77%
Original Mortgage
$574,000
Outstanding Balance
$562,036
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,215
Source: Public Records

Range of Values:

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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
Verrelli Brian A $717,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verrelli Brian A $574,000
Previous Owner Poeta William L $104,000
Previous Owner Poeta William L $153,030
Previous Owner Poeta William L $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $717,500 +10.4% $271 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $649,900 -- $245 / 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 $7,037 $433,600 $116,800 $316,800
2024 $6,300 $258,200 $89,500 $168,700
2023 $6,068 $258,200 $89,500 $168,700
2022 $6,068 $258,200 $89,500 $168,700
2021 $10,346 $258,200 $89,500 $168,700
2020 $5,990 $258,200 $89,500 $168,700
2019 $10,346 $262,900 $94,200 $168,700
2018 $8,756 $262,900 $94,200 $168,700
2017 $5,718 $262,900 $94,200 $168,700
2016 $5,573 $262,900 $94,200 $168,700
2015 $5,421 $262,900 $94,200 $168,700
2014 $5,023 $255,500 $94,200 $161,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170582702

SmartMLS

APN: OLYM-000029-000000-000031