NOT LISTED FOR SALE

3 Rose Ln Old Lyme, CT 06371

Estimated Value: $815,400 - $919,000

4 Beds
2.5 Baths
2,535 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $652,000 $257 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,605/month

3 Days on Market

Highlights

  • 2.75 Acre Lot
  • Cape Cod Architecture
  • Attic
  • Mile Creek School Rated A
  • Partially Wooded Lot
  • 3 Fireplaces

About This Home

As of December 2021

Welcome to this classic Connecticut Cape Cod style home! Privately nestled on a secluded 2.75 acre lot, in the village, this home exudes Connecticut Charm. Freshly painted interior and exterior, newly refinished hardwood floors thought out , recently renovated baths, newer mechanicals and driveway, this pristine home is turn key. A main floor bedroom suite, complete with private study, helps to make this an exceptional property. Park like grounds with established perennial plantings and mature trees. Conveniently located with in minutes to restaurants, shopping, cultural attractions, and highways.

Last Agent to Sell the Property

Lori Valimont

Berkshire Hathaway NE Prop. License #RES.0807697 Listed on: 11/19/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Kirsten Adams

William Pitt Sotheby's Int'l License #RES.0789096

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,658

Year Built

  • Built in 1962

Lot Details

  • 2.75 Acre Lot
  • Stone Wall
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Radon Mitigation System

Interior Spaces

  • 2,535 Sq Ft Home
  • 3 Fireplaces
  • French Doors
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,658

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2535
  • Public Record Living Room Sq Ft: 2535
  • Total Sq Ft: 2535
  • Year Built: 1962
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4933
  • Directions: I95 to exit 70. Follow signs to Route 1 N Rose Lane is a right off of route 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 3

Exterior Features

  • Exterior Features: French Doors, Garden Area, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 2.7500
  • Lot Description: Open Lot, Dry, Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8658
  • Total Assessed Value: 371600
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1551809

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 30, 2021
Sold by
Wemple Matthew E
Bought by
Yoo Brad
Seller's Agent
Lori Valimont
Berkshire Hathaway NE Prop.
Buyer's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
List Price
$649,000
Sold Price
$652,000
Premium/Discount to List
$3,000
0.46%
Current Estimated Value
$886,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,017
Avg. Annual Appreciation
8.90%
Original Mortgage
$521,600
Outstanding Balance
$481,763
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$403,587

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 11, 2019
Sold by
Cavalli Ardean
Bought by
Wemple Matthew E
Seller's Agent
Jodi Strycharz
William Pitt Sotheby's Int'l
Buyer's Agent
Vivian Senft
Coldwell Banker Realty
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jan 5, 2004
Sold by
Scharfenstein William and Scharfenstein Doreen
Bought by
Potter Robert and Potter Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.86%

Purchase Details

Closed on
Oct 2, 2002
Sold by
Friedmann Karl R and Friedmann Maureen L
Bought by
Scharfstein William P and Scharfstein Doreen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.27%
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
Yoo Brad $652,000 None Available
Wemple Matthew E $550,000 --
Potter Robert $560,000 --
Scharfstein William P $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Brad $521,600
Previous Owner Scharfstein William P $100,000
Previous Owner Scharfstein William P $335,400
Previous Owner Scharfstein William P $322,700
Previous Owner Scharfstein William P $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $652,000 +0.5% $257 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $649,000 +18.0% $256 / Sq Ft
07/15/2019 07/15/19 Sold $550,000 0.0% $217 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $550,000 -6.0% $217 / Sq Ft
04/15/2014 04/15/14 Sold $585,000 -1.7% $231 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $595,000 -- $235 / 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 $8,543 $526,400 $226,500 $299,900
2024 $9,067 $371,600 $187,000 $184,600
2023 $8,733 $371,600 $187,000 $184,600
2022 $8,733 $371,600 $187,000 $184,600
2021 $8,658 $371,600 $187,000 $184,600
2020 $8,621 $371,600 $187,000 $184,600
2019 $8,375 $373,700 $203,000 $170,700
2018 $8,188 $373,700 $203,000 $170,700
2017 $8,128 $373,700 $203,000 $170,700
2016 $7,922 $373,700 $203,000 $170,700
2015 $7,706 $373,700 $203,000 $170,700
2014 $7,518 $382,400 $203,000 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170452966

SmartMLS

APN: OLYM-000022-000000-000040