$440,000
SOLD DEC 15, 2021

312 Grassy Hill Rd Old Lyme, CT 06371

5 Beds
4 Baths
3,500 Sq Ft
2.8 Acres

Recently Sold

$126 Per Sq Ft

9% Below List Price

70 Days on Market

Highlights

  • Lake Front
  • 2.8 Acre Lot
  • Partially Wooded Lot
  • Lyme Consolidated School Rated A-
  • Ranch Style House
  • Attic

About This Home

As of June 2023

Terrific location & setting! This expansive craftsman ranch style home offers five possibly six bedrooms with a lower level walk-out in-law apartment with kitchen, living room & bedroom. The main living area provides ample space ideal for the modern family to include the eat-in kitchen with adjacent laundry room, formal dining room, large family room with coffer ceiling, fireplace & built-ins which opens via French doors to the terrific four season sunroom which offers vaulted ceilings with two level windows, a series of venting skylights & French doors that lead to a fabulous Bluestone patio. The main living level also features the master bedroom as well as two additional good sized bedrooms. The upper level offers two additional bedrooms served by a full bath. The lower level walks-out & is designed as a true in-law or guest quarter but can certainly be utilized as a media or recreation room. Additional amenities include central air, an attached two car garage, full house generator, shed, paved circular driveway, 2.8 private acres & quick access to Rogers lake with resident beach & recreation area. Located equidistant between New York & Boston, this home can provide years of memories!

Last Agent to Sell the Property

Kevin Geysen

William Pitt Sotheby's Int'l License #RES.0791166 Listed on: 09/05/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Ann Stewart

William Pitt Sotheby's Int'l License #RES.0657100

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1965

Lot Details

  • 2.8 Acre Lot
  • Lake Front
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R003

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Storm Doors

Kitchen

  • Oven or Range
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

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

Parking

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near a golf course

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,809

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Neighborhood: Grassy Hill
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 3500
  • Public Record Living Room Sq Ft: 3500
  • Total Sq Ft: 3500
  • Year Built: 1965
  • Nearby Amenities: Golf Course, Lake, Library, Playground/Tot Lot, Private School(s), Stables/Riding
  • In Law Access: Lower Level
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5849
  • Directions: Boston Post Road, rte 1 to Grassy Hill Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full With Walk-Out
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Gas Range, Oven/Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 312

Exterior Features

  • Exterior Features: French Doors, Gutters, Lighting, Patio, Porch, Shed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Lake
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Generator, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 2.8000
  • Lot Description: Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: R003

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5809
  • Total Assessed Value: 291200
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 2328092

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 30, 2023
Sold by
Mcgrath George M and Mcgrath Patricia G
Bought by
Limon Timothy and Limon Lilia
Seller's Agent
Ann Stewart
William Pitt Sotheby's Int'l
Buyer's Agent
Lisa Golebiewski
Coldwell Banker Realty
List Price
$829,000
Sold Price
$760,000
Premium/Discount to List
-$69,000
-8.32%
Views
470
Current Estimated Value
$941,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,813
Avg. Annual Appreciation
10.81%
Original Mortgage
$608,000
Outstanding Balance
$590,415
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,398

Purchase Details

Listed on
Sep 5, 2021
Closed on
Dec 15, 2021
Sold by
Mabry Carolyn Hughes Est and Marby-Fiumara
Bought by
Mcgrath George M and Mcgrath Patricia G
Seller's Agent
Kevin Geysen
William Pitt Sotheby's Int'l
Buyer's Agent
Ann Stewart
William Pitt Sotheby's Int'l
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.60%
Original Mortgage
$300,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 1978
Bought by
Hughes-Mabry Carolyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $760,000 None Available
Executors Deed $440,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 Purchase Money Mortgage
Previous Owner $60,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $760,000 -6.1% $169 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $809,000 -1.2% $180 / Sq Ft
04/17/2023 04/17/23 Price Changed $819,000 -1.2% $182 / Sq Ft
03/14/2023 03/14/23 For Sale $829,000 +9.1% $184 / Sq Ft
03/08/2023 03/08/23 Off Market $760,000 -- --
01/05/2023 01/05/23 For Sale $829,000 +88.4% $184 / Sq Ft
12/15/2021 12/15/21 Sold $440,000 -9.3% $126 / Sq Ft
09/05/2021 09/05/21 For Sale $485,000 -- $139 / 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 $7,289 $502,700 $114,500 $388,200
2024 $7,289 $502,700 $114,500 $388,200
2023 $5,860 $300,500 $82,000 $218,500
2022 $5,809 $291,200 $82,000 $209,200
2021 $5,809 $291,200 $82,000 $209,200
2020 $5,809 $291,200 $82,000 $209,200
2019 $5,809 $291,200 $82,000 $209,200
2018 $5,824 $313,100 $91,700 $221,400
2017 $5,714 $313,100 $91,700 $221,400
2016 $5,714 $313,100 $91,700 $221,400
2015 $5,558 $313,100 $91,700 $221,400
2014 $5,323 $313,100 $91,700 $221,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170435144

SmartMLS

APN: LYME-000050-000000-000006