$475,000
SOLD OCT 9, 2023

34 Lyme St Old Lyme, CT 06371

2 Beds
2 Baths
2,548 Sq Ft
0.26 Acres

Recently Sold

$186 Per Sq Ft

4 Days on Market

Highlights

  • City View
  • Deck
  • Ranch Style House
  • Mile Creek School Rated A
  • Property is near public transit
  • 3-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

As of October 2023

YOUR CHANCE TO OWN, LIVE AND WORK IN TOWN AMAZING PROPERTY FOR RESIDENCE WITH BUSINESS OPPORTUNITIES

Last Agent to Sell the Property

Tom Clancy

William Pitt Sotheby's Int'l License #RES.0122050 Listed on: 05/12/2023

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tom Clancy

William Pitt Sotheby's Int'l License #RES.0122050 Listed on: 05/12/2023

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned R-15

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • Concrete Flooring
  • City Views
  • Attic Fan
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Wrap Around Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Programmable Thermostat
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Exclusions: ICE CREAM BUSINESS AND APPLIANCES FOR SAME

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,189

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2548
  • Public Record Living Room Sq Ft: 2548
  • Total Sq Ft: 2548
  • Year Built: 1925
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Exclusions: ICE CREAM BUSINESS AND APPLIANCES FOR SAME
  • Handicap Features: Exterior Curb Cuts, Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2808
  • Tax Year Updated Dt: 06/26/2023
  • Directions: HALLS ROAD TO LYME STREET TO CENTER / JUST SOUTH OF LIBRARY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Partial, Crawl Space, Partially Finished, Concrete Floor, Liveable Space
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 34

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Lighting, Patio, Shed, Sidewalk, Wrap Around Deck
  • Exterior Siding: Shingle, Clapboard, Cedar
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Acres: 0.2600
  • Lot Description: City Views, Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-15

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7189
  • Total Assessed Value: 305900
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1553389

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Oct 4, 2023
Sold by
Kallie Llc
Bought by
Ritz Edith R and Colon Jose A
Seller's Agent
Tom Clancy
William Pitt Sotheby's Int'l
Buyer's Agent
Tom Clancy
William Pitt Sotheby's Int'l
List Price
$475,000
Sold Price
$475,000
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Albert Joseph L and Albert Lou M
Bought by
Cashmere Cook Llc and Kallie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1999
Sold by
Partelow Garry R and Partelow Christine A
Bought by
Albert Steve A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,816
Interest Rate
7.19%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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 $475,000 None Available
Warranty Deed $400,000 --
Quit Claim Deed -- --
Warranty Deed $91,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 Commercial
Previous Owner $171,000 Commercial
Previous Owner $45,000 Commercial
Previous Owner $85,816 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $595,000 -8.5% $234 / Sq Ft
05/17/2025 05/17/25 Price Changed $650,000 -7.1% $255 / Sq Ft
03/14/2025 03/14/25 Price Changed $700,000 -9.7% $275 / Sq Ft
01/30/2025 01/30/25 For Sale $775,000 +63.2% $304 / Sq Ft
10/09/2023 10/09/23 Sold $475,000 0.0% $186 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $475,000 -- $186 / 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 $5,246 $323,200 $185,700 $137,500
2024 $7,464 $305,900 $172,000 $133,900
2023 $7,189 $305,900 $172,000 $133,900
2022 $7,189 $305,900 $172,000 $133,900
2021 $7,127 $305,900 $172,000 $133,900
2020 $7,097 $305,900 $172,000 $133,900
2019 $5,871 $262,000 $150,500 $111,500
2018 $5,740 $262,000 $150,500 $111,500
2017 $5,699 $262,000 $150,500 $111,500
2016 $5,554 $262,000 $150,500 $111,500
2015 $5,402 $262,000 $150,500 $111,500
2014 $5,051 $256,900 $164,200 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170569829

SmartMLS

APN: OLYM-000057-000000-000046