NOT LISTED FOR SALE

3 Four Mile River Rd Old Lyme, CT 06371

Estimated Value: $500,000 - $539,000

3 Beds
2 Baths
1,862 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $350,000 $188 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,096/month

25 Days on Market

Highlights

  • River Front
  • Cape Cod Architecture
  • Attic
  • Mile Creek School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of June 2021

Good things come to those who wait. Buyer failed to qualify for mortage. Excellent/clean reports in hand for well, septic and radon. No home inspection. Deceptively petite from the street, enter to find an expansive, charming, mid-century Cape boasting 3-4 BRs/ 2 FBs! Enter the sunroom/eat in kitchen space. Black granite tops white cabinetry and a Jenn Air cooktop satisfies every chef. A large living room has a wood burning fireplace. There is a first-floor bedroom/office, dining room (currently used as a second office) and a full bath. Upstairs find a large master, 2 more BRs (for a total of 4) and second bath. There is no private master bath. There are hardwoods throughout. Find a full basement and detached two car garage with expansive workshop area! Enjoy endless migratory birds from the back deck and level yard which slopes gently to the water. This is NOT navigable water, but a large stream flowing to Rocky Neck and Long Island Sound. No flood insurance required. Located a stone's throw from Rocky Neck State park and Old Lyme beaches. A small amount of cosmetics (touch of paint and hardwood refinishing) will enhance this hidden gem! Welcome home.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Tanya Bottaro

Real Broker CT, LLC License #RES.0800490

Real Broker CT, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 1943

Lot Details

  • 0.45 Acre Lot
  • Home fronts a stream
  • River Front
  • Open Lot
  • Cleared Lot
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,222

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1862
  • Public Record Living Room Sq Ft: 1862
  • Total Sq Ft: 1862
  • Year Built: 1943
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: Showings available beginning Saturday, March 24. Very little availability with schedules. Thanks for your understanding! Plan ahead and schedule your showing!
  • Direct Waterfront: Yes
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 3196
  • Directions: 95 north exit 71. Left on Four Mile River Road. Home just before the junction of Shore Road on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Gas Cooktop, Oven/Range, Microwave, Refrigerator, Disposal
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Brook, River
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4500
  • Lot Description: Open Lot, Cleared, Water View
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4222
  • Total Assessed Value: 182000
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1551260

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Jun 7, 2021
Sold by
Cristalli Ashley L
Bought by
Mentlick Lisa and Mentlick Douglas
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Tanya Bottaro
Real Broker CT, LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Current Estimated Value
$500,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,720
Avg. Annual Appreciation
9.98%
Original Mortgage
$262,500
Outstanding Balance
$238,694
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,809

Purchase Details

Closed on
May 16, 2006
Sold by
Fallon Tad and Fallon Jennifer
Bought by
Bowler Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,250
Interest Rate
6.62%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Miller John A and Miller Jennie M
Bought by
Fallon Jeanifer and Fallon Tad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
6.58%
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
Mentlick Lisa $350,000 None Available
Bowler Ashley $315,000 --
Fallon Jeanifer $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mentlick Lisa $262,500
Previous Owner Milton John A $249,250
Previous Owner Milton John A $230,000
Previous Owner Milton John A $231,300
Previous Owner Milton John A $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $350,000 +1.4% $188 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $345,000 0.0% $185 / Sq Ft
03/28/2019 03/28/19 Rented $1,900 0.0% --
02/26/2019 02/26/19 Under Contract -- -- --
12/31/2018 12/31/18 Price Changed $1,900 -5.0% $1 / Sq Ft
10/25/2018 10/25/18 For Rent $2,000 +11.1% --
07/15/2013 07/15/13 Rented $1,800 0.0% --
07/08/2013 07/08/13 Under Contract -- -- --
06/21/2013 06/21/13 For Rent $1,800 -- --
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 $3,971 $244,700 $67,000 $177,700
2024 $4,441 $182,000 $69,100 $112,900
2023 $4,277 $182,000 $69,100 $112,900
2022 $4,277 $182,000 $69,100 $112,900
2021 $4,241 $182,000 $69,100 $112,900
2020 $4,222 $182,000 $69,100 $112,900
2019 $3,695 $164,900 $61,400 $103,500
2018 $3,613 $164,900 $61,400 $103,500
2017 $3,587 $164,900 $61,400 $103,500
2016 $3,496 $164,900 $61,400 $103,500
2015 $3,400 $164,900 $61,400 $103,500
2014 $3,385 $172,200 $61,400 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170382114

SmartMLS

APN: OLYM-000015-000000-000017