NOT LISTED FOR SALE

303 Grassy Hill Rd Old Lyme, CT 06371

Estimated Value: $1,124,088 - $1,601,000

4 Beds
3.5 Baths
4,222 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $600,000 $142 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,810/month

128 Days on Market

Highlights

  • Indoor Pool
  • 10.02 Acre Lot
  • Secluded Lot
  • Lyme Consolidated School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of October 2014

Architectural masterpiece secluded on its own 10 acre estate setting. Well appointed features include high end finish work, a stone fireplace, central a/c, automatic generator, a secret loft and an indoor pool that opens up to nature's surroundings!

Last Agent to Sell the Property

Byron Lazine

William Raveis Real Estate License #REB.0790768 Listed on: 04/21/2014

William Raveis Real Estate

Last Buyer's Agent

John Vercelli

Elite Realty Group LLC License #REB.0757183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,586

Year Built

  • Built in 1974

Lot Details

  • 10.02 Acre Lot
  • Secluded Lot
  • Garden

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 4,222 Sq Ft Home
  • 2 Fireplaces
  • Workshop
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Wrap Around Balcony
  • Outdoor Storage

Schools

  • Lyme Elementary School
  • Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,586

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Total Sq Ft: 4222
  • Year Built: 1974
  • Directions: Take grassy hill road from boston post road/us-1 and look for sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Basement Description: Full, Full With Walk-Out, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dryer, Oven/Range, Refrigerator, Washer
  • Additional Rooms: Workshop
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 303

Exterior Features

  • Exterior Features: Garden Area, Storage Building, Wrap Around Deck
  • Exterior Siding: Wood
  • Swimming Pool: Yes
  • Pool: Indoor Pool

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Circular, Paved

Utilities

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

Schools

  • Elementary School: Lyme
  • High School: Old Lyme

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 10.0200
  • Lot Description: Secluded, Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 6586
  • Total Assessed Value: 387444
  • Assessor Parcel Number: 2328098

MLS Schools

  • Elementary School: Lyme
  • High School: Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2000
Sold by
Swan Robert R and Swan June A
Bought by
Franco Peter and Franco Margaret
Current Estimated Value
$1,298,914
Source: Public Records

Range of Values:

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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
Franco Peter $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenney Henry $357,000
Previous Owner Abrahamsson Todd W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $600,000 -17.2% $142 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $725,000 -- $172 / 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 $8,371 $577,333 $100,333 $477,000
2024 $8,371 $577,333 $100,333 $477,000
2023 $8,084 $414,574 $71,674 $342,900
2022 $8,271 $414,574 $71,674 $342,900
2021 $8,271 $414,574 $71,674 $342,900
2020 $8,271 $414,574 $71,674 $342,900
2019 $8,271 $414,574 $71,674 $342,900
2018 $7,206 $387,444 $79,044 $308,400
2017 $7,071 $387,444 $79,044 $308,400
2016 $7,071 $387,444 $79,044 $308,400
2015 $7,476 $421,200 $112,800 $308,400
2014 $6,587 $387,444 $79,044 $308,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9146962

SmartMLS

APN: LYME-000050-000000-000019