Seller's Agent in 2024
Kelly Britt
Berkshire Hathaway Home Services
(860) 559-7124
3 in this area
85 Total Sales
34 Browns Ln Old Lyme, CT 06371
Estimated Value: $557,361 - $617,000
3
Beds
2.5
Baths
2,146
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- 1.87 Acre Lot
- Cape Cod Architecture
- 1 Fireplace
- Mile Creek School Rated A
- Attic
- Screened Porch
About This Home
As of June 2024JUST 1.5 MILES FROM BEACHES and NOT IN A FLOOD ZONE, this charming Cape is your answer to beach community living without all of the added costs involved. Sitting pretty on a serene 1.87 acre lot, 34 Browns Lane offers a comfortable and spacious living experience. The property is set back from the main road (accessed by way of a shared driveway) offering both privacy and tranquility. Upon entry you will love the wide planked flooring located in the front foyer, dining room and living room. The bright living room spans the length of the home and has a wood-burning fireplace for those chilly evenings. The spacious dining room is perfect for hosting friends and family all year long! The kitchen maintains its original design yet is neat and functional. There is a cozy den off the kitchen. This thoughtfully designed space, with built-in bookshelves and crown molding is both charming and functional (board games, anyone?). There is a screened-in porch off the den where you can enjoy your morning coffee, afternoon cocktails, or quiet time with Mother Nature. Moving upstairs, you will find three bedrooms as well as a common area that can easily be adapted into a home office or play space. Close proximity to beaches, Rogers Lake, trails, shopping, museums,restaurants and highway. You cannot beat this location!
Last Agent to Sell the Property
Berkshire Hathaway NE Prop. License #RES.0810548 Listed on: 04/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,828
Year Built
- Built in 1977
Lot Details
- 1.87 Acre Lot
- Property is zoned RU40
Parking
- 2 Car Garage
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,146 Sq Ft Home
- 1 Fireplace
- Screened Porch
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Attic
- Storage In Attic
- Attic or Crawl Hatchway Insulated
Basement
- Basement Fills Entire Space Under The House
- Basement Hatchway
Utilities
- Hot Water Heating System
- Heating System Uses Oil
- Private Company Owned Well
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Listing and Financial Details
- Exclusions: Commission based on net sale
- Assessor Parcel Number 1551197
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Jun 13, 2024
Sold by
Kovel Jerry F and Kovel Theresa A
Bought by
Fernald Patrick S
Seller's Agent
Kelly Britt
Berkshire Hathaway NE Prop.
Buyer's Agent
Sharon Nett
Berkshire Hathaway NE Prop.
List Price
$469,900
Sold Price
$520,000
Premium/Discount to List
$50,100
10.66%
Views
152
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
$36,272
Avg. Annual Appreciation
10.42%
Original Mortgage
$468,000
Outstanding Balance
$463,049
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,291
Purchase Details
Closed on
Jan 7, 1988
Sold by
Randall Harry B
Bought by
Kovel Jerry F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fernald Patrick S | $520,000 | None Available | |
| Fernald Patrick S | $520,000 | None Available | |
| Kovel Jerry F | $248,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fernald Patrick S | $468,000 | |
| Closed | Fernald Patrick S | $468,000 | |
| Previous Owner | Kovel Jerry F | $50,000 | |
| Previous Owner | Kovel Jerry F | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $520,000 | +10.7% | $242 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | For Sale | $469,900 | 0.0% | $219 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 04/06/2024 04/06/24 | For Sale | $469,900 | -- | $219 / 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 |
|---|---|---|---|---|
| 2025 | $6,028 | $371,400 | $119,000 | $252,400 |
| 2024 | $6,051 | $248,000 | $92,800 | $155,200 |
| 2023 | $5,828 | $248,000 | $92,800 | $155,200 |
| 2022 | $5,828 | $248,000 | $92,800 | $155,200 |
| 2021 | $3,698 | $248,000 | $92,800 | $155,200 |
| 2020 | $5,754 | $248,000 | $92,800 | $155,200 |
| 2019 | $5,405 | $241,200 | $97,700 | $143,500 |
| 2018 | $5,285 | $241,200 | $97,700 | $143,500 |
| 2017 | $5,246 | $241,200 | $97,700 | $143,500 |
| 2016 | $5,113 | $241,200 | $97,700 | $143,500 |
| 2015 | $4,974 | $241,200 | $97,700 | $143,500 |
| 2014 | $4,907 | $249,600 | $97,700 | $151,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Sharon Nett
Berkshire Hathaway Home Services
(860) 214-0556
1 in this area
43 Total Sales
Map
Source: SmartMLS
MLS Number: 24007844
APN: OLYM-000014-000000-000038
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