NOT LISTED FOR SALE

32 Saltaire Dr Old Lyme, CT 06371

Estimated Value: $799,000 - $973,000

3 Beds
2 Baths
1,498 Sq Ft
$594/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $862,000 $575 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,487/month

17 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • 1 Fireplace
  • Mile Creek School Rated A
  • Deck
  • Bocce Ball Court

About This Home

As of October 2024

Welcome to "Sea-View". Located in the desirable beach community of Old Lyme Shores, this well kept cape is steps away to one of the nicest private beaches in Old Lyme. Located on a cleared and level lot, the property is perfect for hosting family parties, cookouts and yard games with plenty of parking. Being offered for the first time, it's hard to get closer to the beach without being in a flood zone. After a long day on the beach, store your beach toys/chairs in the outdoor shed, rinse off in the outdoor shower and enjoy a drink on the 600 sq/ft. deck. Updated kitchen and bathrooms are sure to delight any homeowner. An abundance of windows allows for the natural sunlight to flood the large open floor plan. OLS Beach Association provides security (only owner and guests permitted through the gates) Friday night movies on the beach, concerts and daily professional beach cleaning. A great place to make lifetime memories with friends and family. Don't miss the rare opportunity to own your own beach house at OLS.

Last Agent to Sell the Property

Matt Merritt

William Pitt Sotheby's Int'l License #RES.0814552 Listed on: 09/17/2024

William Pitt Sotheby's Int'l

Last Buyer's Agent

Sheila Tinn-Murphy

Berkshire Hathaway NE Prop. License #RES.0761570

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Seasonal Access to Property
  • Sprinkler System
  • Garden
  • Property is zoned R-10

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,498 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer
  • Gas Dryer

Parking

  • 5 Parking Spaces
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Shed
  • Rain Gutters

Location

  • Property is near a golf course

Schools

  • Center Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1555229

Community Details

Overview

  • Association fees include lake/beach access, security service, grounds maintenance, trash pickup, snow removal

Recreation

  • Bocce Ball Court

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,508

Year Built

Built in 1950

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Neighborhood: Old Lyme Shores
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1498
  • Total Sq Ft: 1498
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Bocci Court, Golf Course, Health Club, Library, Park, Playground/Tot Lot, Public Rec Facilities
  • Association Amenities: Security Services
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Rt. 156 to Saltaire Drive
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Gas Dryer
  • Laundry Room Info: Upper Level
  • Attic: No

Exterior Features

  • Exterior Features: Shed, Deck, Gutters, Garden Area, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Gravel
  • Total Parking Spaces: 5
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Security Service, Grounds Maintenance, Trash Pickup, Snow Removal
  • HOA Fees: 800
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association

Lot Info

  • Acres: 0.14
  • Lot Description: Dry Level Lot
  • Flood Zone: No
  • Zoning: R-10
  • Property Info: Seasonal Property
  • Parcel #: 1555229

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8508

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 7, 2024
Sold by
Michael James K Ann Mccau and Michael Mccauley
Bought by
Cable John L and Cable Caitlin B
Seller's Agent
Matt Merritt
William Pitt Sotheby's Int'l
Buyer's Agent
Sheila Tinn-Murphy
Berkshire Hathaway NE Prop.
List Price
$875,000
Sold Price
$862,000
Premium/Discount to List
-$13,000
-1.49%
Views
20
Current Estimated Value
$890,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,513
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Mccauley Michael J and Mccauley Kathleen A
Bought by
Mccauley Michael J and Mccauley Kathleen A

Purchase Details

Closed on
Jun 29, 1995
Sold by
Baur Agnes K
Bought by
Mccauley Michael J and Mccauley Kathleen
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
Cable John L $862,000 None Available
Cable John L $862,000 None Available
Mccauley Michael J -- --
Mccauley Michael J $146,000 --
Mccauley Michael J -- --
Mccauley Michael J $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccauley Michael J $171,200
Previous Owner Mccauley Michael J $100,000
Previous Owner Mccauley Michael J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $862,000 -1.5% $575 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $875,000 -- $584 / 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 $8,818 $543,300 $346,000 $197,300
2024 $8,508 $348,700 $227,400 $121,300
2023 $8,194 $348,700 $227,400 $121,300
2022 $8,194 $348,700 $227,400 $121,300
2021 $8,125 $348,700 $227,400 $121,300
2020 $8,090 $348,700 $227,400 $121,300
2019 $6,432 $287,000 $174,900 $112,100
2018 $6,288 $287,000 $174,900 $112,100
2017 $6,242 $287,000 $174,900 $112,100
2016 $6,084 $287,000 $174,900 $112,100
2015 $5,918 $287,000 $174,900 $112,100
2014 $7,229 $367,700 $244,900 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24045693

SmartMLS

APN: OLYM-000080-000000-000197