Seller's Agent in 2020
Terry Kemper
Coldwell Banker Realty
(860) 908-7820
19 in this area
81 Total Sales
3 Village Ln Old Lyme, CT 06371
Estimated Value: $1,331,000 - $1,592,000
4
Beds
3.5
Baths
4,012
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- 0.98 Acre Lot
- Open Floorplan
- Deck
- Mile Creek School Rated A
- Colonial Architecture
- Attic
About This Home
As of February 2020Looking for new construction? This custom home set in the heart of Old Lyme Village offers everything you are looking for! Recently constructed with fine appointments and high-end finishes including inlaid wood floors, soaring ceilings, beautiful moldings, mosaic tiles and more. The light-filled entry welcomes you to an exceptional open floor plan offering one floor living. A roomy chef’s kitchen includes Viking appliances, a breakfast bar and a comfortable dining area open to the family room. Marble trimmed fireplaces in the family room and living room are highlighted with inlaid wood surround. The master suite features a walk-in closet and a luxurious bath with glass shower and jetted tub. On the opposite side of the home are two bedrooms, one with walk-in closet, and a connecting bathroom. The upper level includes a 4th bedroom and full bath, loft office and media room while the lower level is a light-filled walkout basement. This beautifully maintained home is offered well below the cost to replicate
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0766534 Listed on: 01/31/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,593
Year Built
- Built in 2004
Lot Details
- 0.98 Acre Lot
- Cul-De-Sac
- Level Lot
- Open Lot
- Sprinkler System
- Property is zoned RU40
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 4,012 Sq Ft Home
- Open Floorplan
- 2 Fireplaces
- Concrete Flooring
- Attic or Crawl Hatchway Insulated
- Home Security System
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Crawl Space
Parking
- 2 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Circular Driveway
Outdoor Features
- Deck
- Porch
Location
- Property is near shops
Schools
- Lyme-Old Lyme High School
Utilities
- Central Air
- Heating System Uses Oil
- Underground Utilities
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2019
Closed on
Jan 30, 2020
Sold by
Arlene M Witmer T
Bought by
Malerba Joseph M and Malerba Jennifer L
Seller's Agent
Terry Kemper
Coldwell Banker Realty
Buyer's Agent
Joseph Malerba
eXp Realty
List Price
$799,000
Sold Price
$610,000
Premium/Discount to List
-$189,000
-23.65%
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
$828,866
Avg. Annual Appreciation
15.95%
Original Mortgage
$517,545
Outstanding Balance
$459,291
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$979,575
Purchase Details
Closed on
Aug 23, 2018
Sold by
Arlene M Witmer T
Bought by
Srlene M Witmer T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malerba Joseph M | $610,000 | None Available | |
| Srlene M Witmer T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malerba Joseph M | $517,545 | |
| Previous Owner | Srlene M Witmer T | $229,000 | |
| Previous Owner | Srlene M Witmer T | $305,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $610,000 | -6.0% | $152 / Sq Ft |
| 01/04/2020 01/04/20 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | Price Changed | $649,000 | -7.2% | $162 / Sq Ft |
| 07/27/2019 07/27/19 | Price Changed | $699,000 | -6.7% | $174 / Sq Ft |
| 05/14/2019 05/14/19 | Price Changed | $749,000 | -6.3% | $187 / Sq Ft |
| 01/31/2019 01/31/19 | For Sale | $799,000 | -- | $199 / 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 | $16,439 | $1,012,900 | $242,900 | $770,000 |
| 2024 | $12,385 | $507,600 | $166,900 | $340,700 |
| 2023 | $11,929 | $507,600 | $166,900 | $340,700 |
| 2022 | $11,929 | $507,600 | $166,900 | $340,700 |
| 2021 | $11,827 | $507,600 | $166,900 | $340,700 |
| 2020 | $13,398 | $577,500 | $174,500 | $403,000 |
| 2019 | $15,593 | $695,800 | $184,100 | $511,700 |
| 2018 | $15,245 | $695,800 | $184,100 | $511,700 |
| 2017 | $15,134 | $695,800 | $184,100 | $511,700 |
| 2016 | $14,751 | $695,800 | $184,100 | $511,700 |
| 2015 | $14,347 | $695,800 | $184,100 | $511,700 |
| 2014 | $14,397 | $732,300 | $184,100 | $548,200 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Kemper
-
Joseph Malerba
Buyer's Agent in 2020
Joseph Malerba
eXp Realty
(860) 912-7315
3 in this area
242 Total Sales
Map
Source: SmartMLS
MLS Number: 170158267
APN: OLYM-000016-000000-000048-000001
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