NOT LISTED FOR SALE

3 Oak Tree Ln Old Lyme, CT 06371

Estimated Value: $509,912 - $607,000

4 Beds
2 Baths
1,808 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $322,000 $178 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,370/month

8 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Ranch Style House
  • Lyme Consolidated School Rated A-
  • Deck
  • Attic

About This Home

As of May 2018

Simply perfect in the peaceful, private Oak Tree Beach association. Showings begin Sunday, March 25. One level living is found in this sprawling open plan ranch. You'll find a nicely updated kitchen with stainless appliances and granite countertops. A large eat in dining area opens through French doors to the great room. Porcelain and laminate flooring withstands days at the beach! A large master with walk in closet and full bath are found at the north end of the home. On the opposite side, find three additional bedrooms and a full bath. Downstairs is an enormous basement and two finished heated rooms - a workout room and a large room with bar - great entertainment space. Sliders lead to a spacious deck and sunny open, level yard. Stroll to the end of Oak Tree Lane (about 100 yards) to find the access point to the Oak Tree Beach. A grove of lovely mature trees provides shade for relaxing and a gently sloping sunny sand beach for water fun. A hidden gem on our of our most precious resources, Roger's Lake. Tons of updates, freshly painted, mechanicals all newer mechanicals!

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/19/2018

Coldwell Banker Realty

Last Buyer's Agent

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • Level Lot
  • Open Lot
  • Property is zoned R20

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Shed

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • Association fees include lake/beach access, snow removal, road maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,738

Year Built

Built in 1977

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1808
  • Public Record Living Room Sq Ft: 1808
  • Total Sq Ft: 1808
  • Year Built: 1977
  • Nearby Amenities: Lake
  • Remarks Public Addendum: $300 association dues includes road maintenance, plowing, insurance and beach access. No flood insurance required. Hot tub is EXCLUDED from sale
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4058
  • Directions: Rte. 1 Old Lyme, turn left on Grassy Hill, Left on Blood Street in Lyme, Left on OAK TREE Lane. Home on right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Appliances: Electric Range, Microwave, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Snow Removal, Road Maintenance
  • HOA Fees: 300
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Lyme Consolidated
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.4800
  • Lot Description: Open Lot, Level Lot
  • Flood Zone: No
  • Zoning: R20

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3738
  • Total Assessed Value: 204800
  • Mil Rate Base: 18.250
  • Mil Rate Total: 18.250
  • Tax District Amount: 300
  • Assessor Parcel Number: 2328042

MLS Schools

  • Elementary School: Lyme Consolidated
  • 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 19, 2018
Closed on
May 22, 2018
Sold by
Heck Hilda E
Bought by
Norton Susan R and Norton James E
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$319,000
Sold Price
$322,000
Premium/Discount to List
$3,000
0.94%
Current Estimated Value
$565,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,978
Avg. Annual Appreciation
7.91%
Original Mortgage
$257,600
Outstanding Balance
$221,802
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,176

Purchase Details

Closed on
Oct 30, 2009
Sold by
Welch Arthur and Welch Lynn
Bought by
Heck Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,367
Interest Rate
5.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norton Susan R $322,000 --
Heck Hilda $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Susan R $257,600
Previous Owner Heck Hilda $305,367
Previous Owner Heck Hilda $92,000
Previous Owner Heck Hilda $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $322,000 +0.9% $178 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $319,000 -- $176 / 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 $4,124 $284,400 $100,100 $184,300
2024 $4,124 $284,400 $100,100 $184,300
2023 $4,052 $207,800 $71,500 $136,300
2022 $4,146 $207,800 $71,500 $136,300
2021 $4,146 $207,800 $71,500 $136,300
2020 $4,146 $207,800 $71,500 $136,300
2019 $4,146 $207,800 $71,500 $136,300
2018 $3,809 $204,800 $77,700 $127,100
2017 $3,738 $204,800 $77,700 $127,100
2016 $3,738 $204,800 $77,700 $127,100
2015 $3,635 $204,800 $77,700 $127,100
2014 $3,482 $204,800 $77,700 $127,100
Source: Public Records

Agents Affiliated with this Home

  • Nancy Mesham

    Seller's Agent in 2018

    Nancy Mesham

    Coldwell Banker Realty

    (860) 227-9071

    12 in this area

    163 Total Sales

    Nancy Mesham
    Section Image
  • Ann Carpenter

    Buyer's Agent in 2018

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    1 in this area

    256 Total Sales

    Ann Carpenter
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170063559

SmartMLS

APN: LYME-000402-000000-000052

Connecticut New London County Old Lyme 06371

3 Oak Tree Ln, Old Lyme, CT

This home is located at 3 Oak Tree Ln, Old Lyme, CT 06371 since 19 March 2018 and is currently estimated at $565,978, approximately $313 per square foot. This property was built in 1977. 3 Oak Tree Ln is a home located in New London County with nearby schools including Lyme Consolidated 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.

Nearby Homes