$550,000
SOLD JUL 15, 2019

3 Rose Ln Old Lyme, CT 06371

4 Beds
2 Baths
2,535 Sq Ft
2.75 Acres

Recently Sold

$217 Per Sq Ft

16 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

This home has it all! First floor master suite with French doors to the back yard, a full bath & a private study/den. This picture perfect cape is beautifully sited on 2.75 private acres far from the road with a meandering drive. Open, light-filled floor plan is ideal for todays lifestyle. You enter the home through the glorious sun room that is flooded with light & warmed by a fire. This sunroom is the perfect spot, to read a good book, watch a movie or create a wonderful lantern lit dining room & entertaining space. The kitchen is the heart of the home & features a built in desk that overlooks the spacious backyard. A warm & welcoming living room, the dining room that opens to the kitchen, a laundry room, a study/office & Master bedroom suite complete the main level of this very special home. 3 generous bedrooms up & a fully remodeled bathroom complete the upper level. Close to everything, museum, art galleries, restaurants, library, shopping & easy access to the highway. This very special home is not like the others & is a must see property.

Last Agent to Sell the Property

Jodi Strycharz

William Pitt Sotheby's Int'l License #RES.0767047 Listed on: 05/07/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

Vivian Senft

Coldwell Banker Realty License #RES.0765512

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,375

Year Built

  • Built in 1962

Lot Details

  • 2.75 Acre Lot
  • Stone Wall
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU 40

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
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Propane
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,375

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
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Public Record Gross Sq Ft: 4933
  • Tax Year Updated Dt: 07/12/2019
  • Directions: Route 1 North. Past the Old Lyme Inn. Rose Lane is on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • 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: Paved

Utilities

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

Condo/Co-op/Association

  • HOA: 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
  • Zoning: RU 40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 8375
  • Total Assessed Value: 373700
  • Mil Rate Base: 22.000
  • Mil Rate Total: 22.410
  • 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
$869,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,353
Avg. Annual Appreciation
8.60%
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 Type Sale Price Title Company
Warranty Deed $652,000 None Available
Warranty Deed $550,000 --
Warranty Deed $560,000 --
Warranty Deed $388,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,600 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $335,400 No Value Available
Previous Owner $322,700 No Value Available
Previous Owner $308,000 No Value Available
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: 170191084

SmartMLS

APN: OLYM-000022-000000-000040