NOT LISTED FOR SALE

3 Homestead Cir Old Lyme, CT 06371

Estimated Value: $568,000 - $667,000

3 Beds
2 Baths
2,267 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $463,000 $204 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,672/month

32 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Mile Creek School Rated A
  • 1 Fireplace
  • Walking Distance to Water

About This Home

As of September 2022

Remarkable location near the shoreline where the CT River meets L.I. Sound, near picturesque Black Hall River offering canoeing and kayaking and "White Sands" town beach nearby. And located close to historic Old Lyme Village, complimented by art galleries, restaurants, shops, and a wonderful library in our scenic Historic District. This special property features a beautiful yard with gardens, birds and wildlife, a coy pond, a deck, a patio surrounded by lovely grounds, and a balcony from which to enjoy magnificent sunsets. An inviting and comfortable home embraces you. Spacious rooms and newer windows provide beautiful views to your beautiful surroundings. A large kitchen opens to the dining area where everyone can be together. A spacious Living Room is enhanced with a cozy fireplace. The family rooms offer views to your pretty backyard and a slider to large deck from which to relax. Upstairs, an expansive primary bedroom offers flexible space and a private balcony to enjoy the peaceful views and beautiful sunsets. A cozy New England lifestyle at its best.

Last Agent to Sell the Property

Laurie Walker

William Pitt Sotheby's Int'l License #RES.0417234 Listed on: 06/28/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Zoe Zrakas

William Raveis Real Estate License #RES.0789784

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R-20

Home Design

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

Interior Spaces

  • 2,267 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Walking Distance to Water

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Electric 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

$4,857

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Homestead Circle
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2267
  • Public Record Living Room Sq Ft: 2267
  • Total Sq Ft: 2267
  • Year Built: 1945
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4434
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Rt 156 (Shore Rd) to Homestead Circle
  • 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
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • 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: Generator Ready

Lot Info

  • Acres: 0.3200
  • Lot Description: On Cul-De-Sac, Level Lot, Fence - Privacy
  • Zoning: R-20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4857
  • Total Assessed Value: 206700
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1552589

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
Jun 28, 2022
Closed on
Sep 30, 2022
Sold by
Graves Geraldine A
Bought by
Mary J Martin Obrien Ret
Seller's Agent
Laurie Walker
William Pitt Sotheby's Int'l
Buyer's Agent
Zoe Zrakas
William Raveis Real Estate
List Price
$460,000
Sold Price
$463,000
Premium/Discount to List
$3,000
0.65%
Views
30
Current Estimated Value
$611,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,948
Avg. Annual Appreciation
9.34%
Original Mortgage
$163,000
Outstanding Balance
$153,830
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,276
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
Mary J Martin Obrien Ret $463,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mary J Martin Obrien Ret $163,000
Previous Owner Graves Jay A $150,000
Previous Owner Graves Jay A $30,000
Previous Owner Graves Jay A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $463,000 +0.7% $204 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $460,000 -- $203 / 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 $4,940 $304,400 $60,600 $243,800
2024 $5,043 $206,700 $62,500 $144,200
2023 $4,857 $206,700 $62,500 $144,200
2022 $4,857 $206,700 $62,500 $144,200
2021 $4,816 $206,700 $62,500 $144,200
2020 $4,795 $206,700 $62,500 $144,200
2019 $4,229 $188,700 $55,600 $133,100
2018 $4,134 $188,700 $55,600 $133,100
2017 $4,104 $188,700 $55,600 $133,100
2016 $4,000 $188,700 $55,600 $133,100
2015 $3,891 $188,700 $55,600 $133,100
2014 $4,237 $215,500 $69,400 $146,100
Source: Public Records

Agents Affiliated with this Home

  • Laurie Walker

    Seller's Agent in 2022

    Laurie Walker

    William Pitt

    (860) 227-5571

    18 in this area

    42 Total Sales

    Laurie Walker
    Section Image
  • Zoe Zrakas

    Buyer's Agent in 2022

    Zoe Zrakas

    William Raveis Real Estate

    (860) 625-6617

    2 in this area

    61 Total Sales

    Zoe Zrakas
    Section Image
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Map

Source: SmartMLS

MLS Number: 170503798

SmartMLS

APN: OLYM-000043-000000-000037

Connecticut New London County Old Lyme 06371

3 Homestead Cir, Old Lyme, CT

This home is located at 3 Homestead Cir, Old Lyme, CT 06371 since 28 June 2022 and is currently estimated at $611,948, approximately $269 per square foot. This property was built in 1945. 3 Homestead Cir 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.

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