NOT LISTED FOR SALE

303 Ferry Rd Old Lyme, CT 06371

Estimated Value: $1,834,000 - $2,143,000

5 Beds
5.5 Baths
5,289 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $1,305,000 $247 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,538/month

17 Days on Market

Highlights

  • Wine Cellar
  • Sub-Zero Refrigerator
  • Antique Architecture
  • Mile Creek School Rated A
  • 1.73 Acre Lot
  • Finished Attic

About This Home

As of December 2020

This Gothic revival masterpiece has been brilliantly enhanced to showcase the architectural details of an era of grand living by its current owner. Square paneled oak wainscoting, stained glass heraldic panels, intricately carved mahogany window and door frames, lead paned French doors and diamond shaped windows, barley twist balusters, and sweet Juliet balconies also echo a Tudor sensibility. The large scale of the living and dining rooms are balanced by the cozy settings of a fully paneled and book cased library and a modern TV nook. Behind the entertaining scenes are an unusually large butler's pantry (complete with zinc and wood counters, a German silver sink, and a built in safe) and a comfortable country kitchen with propane fireplace and Tudor wooden door. An outdoor west facing porch, and an east facing bluestone patio, incorporate the outdoors to the entertaining script. With 5 bedrooms, 5 1/2 baths, an artist's room, a family room and a laundry room laid on the 2nd and 3rd floors, the home is eminently livable for today's need for in-home offices and digital learning. Or, more traditionally, overnight guests find hospitality here. Unusual for the era of this home, the basement now houses a wine tasting room and an equipped exercise area. Whether your desire is a weekend getaway or a full-time residence, let the romance of this property guide you home. Take a stroll down the street to the water. Old Lyme is located halfway between NYC & Boston.

Last Agent to Sell the Property

Maddy Mattson

Coldwell Banker Realty License #RES.0754327 Listed on: 10/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Maddy Mattson

Coldwell Banker Realty License #RES.0754327 Listed on: 10/01/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,275

Year Built

  • Built in 1900

Lot Details

  • 1.73 Acre Lot
  • Stone Wall
  • Level Lot
  • Cleared Lot
  • Property is zoned R-40

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 5,289 Sq Ft Home
  • 4 Fireplaces
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Concrete Flooring

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer
  • Gas Dryer

Attic

  • Walkup Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Covered Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,275

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Ferry Road
  • Property Type: Single Family For Sale
  • Style: Antique
  • Sq Ft Est Heated Above Grade: 5289
  • Public Record Living Room Sq Ft: 5289
  • Total Sq Ft: 5289
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 10825
  • Directions: Exit 70 to 156 (Shore Road ) to Ferry Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Concrete Floor, Interior Access, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Gas Cooktop, Oven/Range, Wall Oven, Microwave, Subzero, Dishwasher, Washer, Gas Dryer
  • Additional Rooms: Foyer, Laundry Room, Wine Cellar
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Balcony, Covered Deck, French Doors, Lighting, Patio, Stone Wall
  • Exterior Siding: Stucco
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.7300
  • Lot Description: Cleared, Level Lot, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R-40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10275
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1551358

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 3, 2020
Sold by
Elliott Christopher N and Niedert-Elliott Paula
Seller's Agent
Maddy Mattson
Coldwell Banker Realty
Buyer's Agent
Maddy Mattson
Coldwell Banker Realty
List Price
$1,325,000
Sold Price
$1,305,000
Premium/Discount to List
-$20,000
-1.51%
Current Estimated Value
$1,963,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,095
Avg. Annual Appreciation
8.56%
Original Mortgage
$1,044,000
Outstanding Balance
$929,471
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,033,624
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $1,305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $1,044,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $1,305,000 -1.5% $247 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,325,000 -- $251 / 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 $14,422 $888,600 $232,400 $656,200
2024 $11,095 $454,700 $111,300 $343,400
2023 $10,685 $454,700 $111,300 $343,400
2022 $10,685 $454,700 $111,300 $343,400
2021 $10,320 $442,900 $111,300 $331,600
2020 $10,275 $442,900 $111,300 $331,600
2019 $11,960 $533,700 $131,500 $402,200
2018 $11,693 $533,700 $131,500 $402,200
2017 $11,608 $533,700 $131,500 $402,200
2016 $11,314 $533,700 $131,500 $402,200
2015 $11,005 $533,700 $131,500 $402,200
2014 $11,122 $565,700 $141,600 $424,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170335705

SmartMLS

APN: OLYM-000016-000000-000042