NOT LISTED FOR SALE

3 Jericho Dr Old Lyme, CT 06371

Estimated Value: $550,106 - $603,000

3 Beds
2.5 Baths
2,448 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $425,000 $174 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,597/month

18 Days on Market

Highlights

  • 3.68 Acre Lot
  • Contemporary Architecture
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Secluded Lot
  • 1 Fireplace

About This Home

As of September 2021

Whispering woods and 3.62 acres of rare private setting on two lots joining 1 and 3 Jericho add appeal to this hidden haven of natural landscape surroundings. This is a Techbuilt original Mid-Century Modern architectural style that has been well cared for and offers high quality materials and excellent workmanship. The center vaulted ceiling and expansive glass windows bring light and nature inside. Enter into a simplified split entry and head down to the first-floor level of this provocative contemporary offering a versatile center area with wood trim and brick surroundings that can be used for many purposes; recently this was a dining area. The kitchen is open and spacious also with plenty of room for a dining table. The large living room has a beautiful fireplace set on a brick wall backdrop and also offers built-ins as well as two walls of windows. The upper level has a main primary bedroom complete with a full bath. There are two other bedrooms and a full bath on this level. This setting offers ample space outdoors to enjoy nature and to play or relax. A breezeway between the 2 car garage welcomes you and offers weather protection. This intimate retreat is a special place and location in lovely Old Lyme makes it truly a home to consider.

Last Agent to Sell the Property

Brittany Hebert

Berkshire Hathaway NE Prop. License #RES.0814627 Listed on: 07/15/2021

Berkshire Hathaway NE Prop.

Co-Listed By

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213

Last Buyer's Agent

Erika Rossetto

Willow Properties License #REB.0793784

Willow Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1966

Lot Details

  • 3.68 Acre Lot
  • Secluded Lot
  • Partially Wooded Lot
  • Garden

Home Design

  • Contemporary Architecture
  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Central Vacuum
  • 1 Fireplace

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Breezeway

Schools

  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Garage

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,846

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1326
  • Public Record Living Room Sq Ft: 1326
  • Sq Ft Est Heated Below Grade: 1122
  • Total Sq Ft: 2448
  • Year Built: 1966
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3420
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Gungy Rd and Grassy Hill Rd to Whippoorwill Rd. Follow Whippoorwill Rd to Jericho Dr
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Central Vacuum
  • Appliances: Range Hood, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Breezeway, Garden Area
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 3.6800
  • Lot Description: May be Subdividable, Secluded, Lightly Wooded
  • Zoning: residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4846
  • Total Assessed Value: 208000
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1552246

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 1, 2021
Sold by
Jones Eva M
Bought by
Smith Alanson and Ricker Nicola
Seller's Agent
Brittany Hebert
Berkshire Hathaway NE Prop.
Buyer's Agent
Erika Rossetto
Willow Properties
List Price
$549,000
Sold Price
$425,000
Premium/Discount to List
-$124,000
-22.59%
Current Estimated Value
$585,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,027
Avg. Annual Appreciation
8.07%
Original Mortgage
$115,000
Outstanding Balance
$104,485
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,542
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
Smith Alanson $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alanson $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $425,000 -14.8% $174 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/17/2021 07/17/21 Price Changed $499,000 -9.1% $204 / Sq Ft
07/15/2021 07/15/21 For Sale $549,000 -- $224 / 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 $5,942 $366,100 $135,700 $230,400
2024 $5,075 $208,000 $104,000 $104,000
2023 $4,888 $208,000 $104,000 $104,000
2022 $4,888 $208,000 $104,000 $104,000
2021 $4,846 $208,000 $104,000 $104,000
2020 $4,826 $208,000 $104,000 $104,000
2019 $5,123 $228,600 $109,500 $119,100
2018 $5,009 $228,600 $109,500 $119,100
2017 $4,972 $228,600 $109,500 $119,100
2016 $4,846 $228,600 $109,500 $119,100
2015 $4,714 $228,600 $109,500 $119,100
2014 $4,486 $228,200 $109,500 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170418211

SmartMLS

APN: OLYM-000029-000000-000039