NOT LISTED FOR SALE

3 Cutler Rd Old Lyme, CT 06371

Estimated Value: $1,583,000 - $1,704,785

2.2 Acres
$742,846 Price per Acre
95,832 Sq Ft Lot

Last Sold November 29, 2018

Last sale price $185,000

Est. 783% increase in value since last sale

Current estimated payment $10,135/month

411 Days on Market

Highlights

  • 2.2 Acre Lot
  • Corner Lot
  • No HOA
  • Mile Creek School Rated A

About This Lot

As of November 2018

Walk to private beach with deeded rights. Ideal opportunity to build your perfect dream home. Convenient location and minutes to I-95, Old Lyme Village, shopping, dining, and the Connecticut River. Contact your agent today for more information and to schedule a viewing.

Last Agent to Sell the Property

Byron Lazine

William Raveis Real Estate License #REB.0790768 Listed on: 10/13/2017

William Raveis Real Estate

Co-Listed By

Zoe Zrakas

William Raveis Real Estate License #RES.0789784

Last Buyer's Agent

Denise Robillard

Continental Realty Associates License #REB.0751146

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,466

Lot Details

  • 2.2 Acre Lot
  • Corner Lot
  • Property is zoned R-40

Utilities

  • Well Required

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$6,466

Lot Details

2.2 Acres

Listing Details

  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Shore Rd to Cutler Rd.
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 2.2000
  • Lot Description: Corner Lot
  • Lots Number Of: 1
  • Zoning: R-40

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6466
  • Mil Rate Base: 21.200
  • Assessor Parcel Number: 1550954

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Jacaruso Jason P and Jacaruso Darlene T
Bought by
Jfam Irt
Current Estimated Value
$1,634,262

Purchase Details

Listed on
Oct 13, 2017
Closed on
Nov 23, 2018
Sold by
Lanesey David J
Bought by
Jacaruso Jason P and Jacaruso Darlene T
Seller's Agent
Byron Lazine
William Raveis Real Estate
Buyer's Agent
Denise Robillard
Continental Realty Associates
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.61%

Purchase Details

Closed on
May 5, 1994
Sold by
Makris Elizabeth A
Bought by
Lanesey David J and Lanesey Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.7%
Mortgage Type
Unknown
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
Jfam Irt -- None Available
Jacaruso Jason P $185,000 --
Lanesey David J $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanesey David J $24,000
Previous Owner Lanesey David J $19,699
Previous Owner Lanesey David J $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $185,000 -17.8% --
11/28/2018 11/28/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $225,000 0.0% --
06/05/2018 06/05/18 For Sale $225,000 +21.6% --
12/11/2017 12/11/17 Off Market $185,000 -- --
10/13/2017 10/13/17 For Sale $250,000 -- --
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 $17,546 $1,081,100 $286,600 $794,500
2024 $14,764 $605,100 $178,000 $427,100
2023 $13,846 $589,200 $178,000 $411,200
2022 $13,846 $589,200 $178,000 $411,200
2021 $4,968 $213,200 $152,800 $60,400
2020 $2,960 $127,600 $127,600 $0
2019 $6,613 $295,100 $295,100 $0
2018 $6,466 $295,100 $295,100 $0
2017 $6,418 $295,100 $295,100 $0
2016 $6,256 $295,100 $295,100 $0
2015 $6,085 $295,100 $295,100 $0
2014 $5,534 $281,500 $281,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Byron Lazine

    Seller's Agent in 2018

    Byron Lazine

    William Raveis Real Estate

    (860) 941-2755

    8 Total Sales

    Byron Lazine
    Section Image
  • Zoe Zrakas

    Seller Co-Listing Agent in 2018

    Zoe Zrakas

    William Raveis Real Estate

    (860) 625-6617

    2 in this area

    54 Total Sales

    Zoe Zrakas
    Section Image
  • Denise Robillard

    Buyer's Agent in 2018

    Denise Robillard

    Continental Realty Associates

    (860) 334-2304

    76 Total Sales

    Denise Robillard
    Section Image
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Map

Source: SmartMLS

MLS Number: 170022356

SmartMLS

APN: OLYM-000009-000000-000032

Connecticut New London County Old Lyme 06371

3 Cutler Rd, Old Lyme, CT

Not Listed for Sale

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