NOT LISTED FOR SALE

3 Great Oak Rd Old Lyme, CT 06371

Estimated Value: $757,411 - $992,000

4 Beds
3.5 Baths
3,200 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $522,000 $163 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,264/month

125 Days on Market

Highlights

  • Newly Remodeled
  • 1.84 Acre Lot
  • Colonial Architecture
  • Mile Creek School Rated A
  • Open Floorplan
  • Deck

About This Home

As of March 2019

Deliberately designed for privacy, this turn key home is well built and planned with meticulous attention to detail throughout. Innovative, creative use of the 3200 SF. Open, flowing floor plan encompasses Great Room, Kitchen with Dining area as well as a formal Dining Room! Sparkling Kitchen makes entertaining easy with its granite counters, high end cabinetry, stainless steel appliances, gas stove, pantry. Relax on the covered front porch or entertain on the 18x26 maintenance free Azek deck. There are 4 BRs which include Master Bedroom Suites on Main and Upper Level, Mud Room, Media room above the 2-car garage, Laundry Room, Gas Fireplace, ceiling fans, HW floors, and more. The back yard is fully fenced. The Hatchett’s Hill Preserve is nearby; however the "The Oaks" Subdivision has its unique own Deeded Open Space to roam!

Last Agent to Sell the Property

Joseph Votto

Compass Connecticut, LLC License #RES.0770796 Listed on: 10/25/2018

Compass Connecticut, LLC

Last Buyer's Agent

Chad Segal

William Raveis Real Estate License #RES.0769091

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot
  • Many Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

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

Outdoor Features

  • Deck
  • Patio

Schools

  • Pboe Elementary And Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • The Oaks Subdivision
  • Planned Unit Development

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3200
  • Public Record Living Room Sq Ft: 2723
  • Total Sq Ft: 3200
  • Year Built: 2015
  • New Construction: Model
  • In Law Access: Possible
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5288
  • Directions: I95 N Ex 70 Old Lyme, Right on Rte 156, left on Mile Creek Rd to Flat Rock Rd, Veer LEFT on Flat Rock, turn right on Short Hills Rd, The Oaks Subdivision is on the Left. 3 Great Oak Rd. The Oaks Subdivision is a new subdivision and may not map on GPS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Range, Oven/Range, Microwave, Refrigerator, Dishwasher, Disposal
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Deck, Patio, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 90
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Lyme-Old Lyme
  • Intermediate School: PBOE

Lot Info

  • Acres: 1.8400
  • Lot Description: On Cul-De-Sac, In Subdivision, Lightly Wooded, Treed
  • Flood Zone: No
  • Zoning: RES
  • Property Info: Planned Unit Development

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7022
  • Total Assessed Value: 320500
  • Mil Rate Total: 21.910
  • Assessor Parcel Number: 2615128

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Mar 21, 2019
Sold by
Cawiamca Llc
Bought by
Wilkins Timothy W and Wilkins Dawn M
Seller's Agent
Joseph Votto
Compass Connecticut, LLC
Buyer's Agent
Chad Segal
William Raveis Real Estate
List Price
$559,900
Sold Price
$522,000
Premium/Discount to List
-$37,900
-6.77%
Current Estimated Value
$882,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,853
Avg. Annual Appreciation
8.29%
Original Mortgage
$512,000
Outstanding Balance
$450,135
Interest Rate
4.4%
Estimated Equity
$432,718
Source: Public Records

Range of Values:

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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
Wilkins Timothy W $522,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Timothy W $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $522,000 -5.1% $163 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
12/05/2018 12/05/18 Price Changed $549,900 -1.8% $172 / Sq Ft
10/25/2018 10/25/18 For Sale $559,900 -- $175 / 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 $7,508 $462,600 $95,800 $366,800
2024 $7,803 $319,800 $98,600 $221,200
2023 $7,515 $319,800 $98,600 $221,200
2022 $7,515 $319,800 $98,600 $221,200
2021 $7,451 $319,800 $98,600 $221,200
2020 $7,419 $319,800 $98,600 $221,200
2019 $7,182 $320,500 $87,600 $232,900
2018 $7,022 $320,500 $87,600 $232,900
2017 $6,949 $319,500 $87,600 $231,900
2016 $4,068 $191,900 $87,600 $104,300
2015 $786 $38,100 $38,100 $0
2014 $749 $38,100 $38,100 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Votto

    Compass Connecticut, LLC

    Section Image
  • Chad Segal

    Buyer's Agent in 2019

    Chad Segal

    William Raveis Real Estate

    (860) 995-9313

    95 Total Sales

    Chad Segal
    Section Image
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Map

Source: SmartMLS

MLS Number: 170138926

SmartMLS

APN: OLYM-000024-000000-000013-000002-2

Connecticut New London County Old Lyme 06371

3 Great Oak Rd, Old Lyme, CT

This home is located at 3 Great Oak Rd, Old Lyme, CT 06371 since 25 October 2018 and is currently estimated at $882,853, approximately $275 per square foot. This property was built in 2015. 3 Great Oak Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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