D
Seller's Agent in 2025
Danielle Pellerin
PMI East Lyme
(860) 770-1635
1 in this area
36 Total Sales
3 Jadon Dr Old Lyme, CT 06371
2
Beds
1
Bath
832
Sq Ft
1.01
Acres
Highlights
- 1.01 Acre Lot
- Ranch Style House
- Baseboard Heating
- Mile Creek School Rated A
- Tankless Water Heater
- Wood Siding
About This Home
As of July 2025This 832 sq ft ranch is a rare opportunity for those looking to invest in a property with tremendous potential in the desirable town of Old Lyme. Situated on a peaceful LARGE 1.01-acre lot, this home features 2 bedrooms and provides the perfect canvas for a creative renovation or rebuild. While it's in need of substantial work, the possibilities are endless for those ready to put in the effort and make it their own. The property is being sold as-is, where-is, with no repairs or concessions from the seller. The real value lies in its prime location offering easy access to all that Old Lyme has to offer. Whether you're looking to restore this home to its former glory or start fresh, this is a fantastic opportunity to create your dream property in a highly desirable town. With its spacious lot and great location, this home is an ideal project for those looking to build equity and enjoy the charm and convenience of Old Lyme. Don't miss your chance to own a piece of this beautiful community. Exterior viewing only, interior of property is not accessible at this time. Interior viewings to begin Thursday 2/13. Some contents may remain. More pics to follow.
Last Agent to Sell the Property
PMI East Lyme License #RES.0817504 Listed on: 01/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,211
Year Built
- Built in 1956
Lot Details
- 1.01 Acre Lot
- Property is zoned RU40
Home Design
- 832 Sq Ft Home
- Ranch Style House
- Concrete Foundation
- Shingle Roof
- Wood Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Lyme-Old Lyme High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Private Company Owned Well
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 1551401
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Jul 8, 2025
Sold by
Barclay David E Est and Carnese
Bought by
D & C 97 Llc
Seller's Agent
Danielle Pellerin
PMI East Lyme
Buyer's Agent
Paula Andrews
BHGRE Gaetano Marra Homes
List Price
$290,000
Sold Price
$235,000
Premium/Discount to List
-$55,000
-18.97%
Views
226
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,241
Avg. Annual Appreciation
52.31%
Original Mortgage
$240,048
Outstanding Balance
$239,237
Interest Rate
6.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$52,004
Purchase Details
Closed on
Oct 29, 1992
Sold by
Caron Linda
Bought by
Barclay David E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Guardian Deed | $235,000 | -- | |
| Guardian Deed | $235,000 | -- | |
| Warranty Deed | $93,000 | -- | |
| Warranty Deed | $93,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,048 | Future Advance Clause Open End Mortgage | |
| Closed | $240,048 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $100,000 | No Value Available | |
| Closed | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $235,000 | -19.0% | $282 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $290,000 | -- | $349 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $3,293 | $202,900 | $128,100 | $74,800 |
| 2024 | $3,211 | $131,600 | $88,000 | $43,600 |
| 2023 | $3,093 | $131,600 | $88,000 | $43,600 |
| 2022 | $3,093 | $131,600 | $88,000 | $43,600 |
| 2021 | $3,066 | $131,600 | $88,000 | $43,600 |
| 2020 | $3,053 | $131,600 | $88,000 | $43,600 |
| 2019 | $3,081 | $137,500 | $92,700 | $44,800 |
| 2018 | $3,013 | $137,500 | $92,700 | $44,800 |
| 2017 | $2,991 | $137,500 | $92,700 | $44,800 |
| 2016 | $2,915 | $137,500 | $92,700 | $44,800 |
| 2015 | $2,835 | $137,500 | $92,700 | $44,800 |
| 2014 | $3,100 | $157,700 | $95,400 | $62,300 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Pellerin
-
Paula Andrews
Buyer's Agent in 2025
Paula Andrews
BHGRE Gaetano Marra Homes
(203) 610-3131
1 in this area
31 Total Sales
Map
Source: SmartMLS
MLS Number: 24071598
APN: OLYM-000017-000000-000026
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