32 Walnut Hill Rd East Lyme, CT 06333
Estimated Value: $363,000 - $426,000
3
Beds
2
Baths
2,338
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Barn
- Paddocks
- 8.04 Acre Lot
- East Lyme Middle School Rated A-
- Outdoor Pool
- Deck
About This Home
As of July 2022Horse property on 8+ acres! Paddocks, rink & two barns. They all need loving care to shine once again. 1 barn needs extensive work & a portion likely needs to be torn down. 2nd barn appears in decent condition & has 10+- stalls. Renovation project, not suitable for gov't financing, unless a rehab type of mortgage. Short sale lender likely to only consider cash or large down payment conventional mortgage. Raised ranch offering two bedrooms on the main floor & one in the lower level. Two full baths. Spacious living room with F/P. Family room also has F/P. Over 2300 sq ft of living area awaits you. Deck stairs & barn stairs are dangerous. DO NOT use. In-ground pool has trees growing in it. Being sold "as is" including buyer assuming responsibility for clean up & debri removal after closing. York rake, horse cart, truck, horse trailers, motor home,flat bed trailer, town car and metal fence gates don't convey. Seller will perform no repairs. Inspections only for Buyer's knowledge. When this project is complete you will have restored an incredible property with amazing curb appeal. Buyer must be approved by Solar City / Tesla to assume lease on the solar panel system. It's a 20 year lease and they were installed in 2014. 500 gallon in-ground oil tank by rear deck. Multiple offers so present your highest and best. Please do your due diligence. Pending sale for over 10 months. I know it's absurd but the short sale lender is working in slow motion. 5-14-22
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,664
Year Built
- Built in 1973
Lot Details
- 8.04 Acre Lot
- Level Lot
- Open Lot
- Property is zoned R80
Home Design
- Raised Ranch Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- 2 Fireplaces
- Pull Down Stairs to Attic
- Laundry on lower level
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Parking Deck
- Off-Street Parking
Outdoor Features
- Outdoor Pool
- Wetlands on Lot
- Deck
Schools
- East Lyme High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Private Company Owned Well
- Hot Water Circulator
- Fuel Tank Located in Ground
- Cable TV Available
Additional Features
- Property is near shops
- Barn
- Paddocks
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: York rake, horse cart, truck, horse trailers, motor home, town car don't convey.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Jul 8, 2022
Sold by
Cummings Ann P Est
Bought by
Scace Daniel R and Scace Tamara H
Seller's Agent
Dan Sperduto
eXp Realty
Buyer's Agent
Deborah Fountain
William Pitt Sotheby's Int'l
List Price
$190,000
Sold Price
$305,800
Premium/Discount to List
$115,800
60.95%
Total Days on Market
10
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
$93,875
Avg. Annual Appreciation
9.78%
Purchase Details
Closed on
Apr 6, 1973
Bought by
Cummings Thomas R and Cummings Ann P
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scace Daniel R | $305,800 | None Available | |
| Cummings Thomas R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scare Daniel R | $170,000 | |
| Closed | Cummings Thomas R | $152,000 | |
| Closed | Cummings Thomas R | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2022 07/14/22 | Sold | $305,800 | +60.9% | $131 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $190,000 | -- | $81 / 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 |
|---|---|---|---|---|
| 2024 | $6,375 | $241,920 | $110,600 | $131,320 |
| 2023 | $5,911 | $237,580 | $110,600 | $126,980 |
| 2022 | $5,664 | $237,580 | $110,600 | $126,980 |
| 2021 | $5,915 | $207,480 | $104,090 | $103,390 |
| 2020 | $5,958 | $210,070 | $104,090 | $105,980 |
| 2019 | $5,922 | $210,070 | $104,090 | $105,980 |
| 2018 | $5,745 | $210,070 | $104,090 | $105,980 |
| 2017 | $5,495 | $210,070 | $104,090 | $105,980 |
| 2016 | $5,061 | $199,570 | $91,070 | $108,500 |
| 2015 | $4,931 | $199,570 | $91,070 | $108,500 |
| 2014 | $4,796 | $199,570 | $91,070 | $108,500 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Sperduto
Seller's Agent in 2022
Dan Sperduto
eXp Realty
(860) 625-1900
3 in this area
55 Total Sales
-
Deborah Fountain
Buyer's Agent in 2022
Deborah Fountain
William Pitt
(860) 303-0968
44 in this area
147 Total Sales
Map
Source: SmartMLS
MLS Number: 170404520
APN: ELYM-004800-000013
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