NOT LISTED FOR SALE

38 Biscayne Blvd Old Lyme, CT 06371

Old Lyme Area

Estimated Value: $515,000 - $542,798

2 Beds
1 Bath
864 Sq Ft
$608/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2021

Last sale price $359,000 $416 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,411 / mo

60 Days on Market

Highlights

  • Beach Access
  • Ranch Style House
  • Corner Lot
  • Mile Creek School Rated A
  • Attic
  • Thermal Windows

About This Home

As of August 2021

Enjoy year-round living in the wonderful Miami Beach Neighborhood Association. Located just steps to the beach and Long Island Sound waterfront, this one-level ranch is the perfect summer home to get away to or an ideal rental property for the savvy investor. The home is in move-in condition and is ready for a new owner to make their own and enjoy. The home is situated on a large corner lot, with plenty of room to expand the home or to enjoy outdoor space.

Last Agent to Sell the Property

John Troland

William Raveis Real Estate License #RES.0793858 Listed on: 06/21/2021

William Raveis Real Estate

Last Buyer's Agent

Margaret Brennan

Coldwell Banker Realty License #RES.0751593

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned R-10

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 864 Sq Ft Home
  • Thermal Windows
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,236

Year Built

Built in 1950

Lot Details

10,019 Sq Ft Lot

HOA Fees

$53 per month

Listing Details

  • Neighborhood: Miami Beach
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 864
  • Public Record Living Room Sq Ft: 864
  • Total Sq Ft: 864
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Park
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: May be future public water/sewer assmt.
  • Public Record Gross Sq Ft: 864
  • Tax Year Updated Dt: 07/19/2021
  • Directions: Rt 156 to Flagler.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Block, Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Water System
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 636
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2300
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-10

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4236
  • Mil Rate Base: 23.300
  • Assessor Parcel Number: 1554950

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 20, 2021
Sold by
Bought by
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
Margaret Brennan
Coldwell Banker Realty
List Price
$359,000
Sold Price
$359,000
Current Estimated Value
$525,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,450
Avg. Annual Appreciation
7.98%
Original Mortgage
$323,100
Outstanding Balance
$288,029
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,421

Purchase Details

Closed on
Apr 11, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old Lyme, CT

  • Valerie MacNeil Real Estate Agent - Kazantzis Real Estate, LLC

    Valerie MacNeil

    Responds Quickly

    Kazantzis Real Estate, LLC

    (860) 544-2381

    108 Total Sales

    1 in Old Lyme

    $370,000 Price

    Valerie MacNeil
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  • Kiki Sydnor Real Estate Agent - Choice Realty

    Kiki Sydnor

    Choice Realty

    (959) 215-5358

    119 Total Sales

    1 in Old Lyme

    $343,000 Price

    Kiki Sydnor
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  • Jason Pollard Real Estate Agent - Compass Connecticut, LLC

    Jason Pollard

    Compass Connecticut, LLC

    (959) 500-6498

    122 Total Sales

    1 in Old Lyme

    $344,000 Price

    Jason Pollard
     Section Image
  • Melissa DiPiazza Real Estate Agent - RE/MAX One

    Melissa DiPiazza

    RE/MAX One

    (914) 483-3631

    207 Total Sales

    1 in Old Lyme

    $445,000 Price

    Melissa DiPiazza
     Section Image
  • Kelly Puorro Real Estate Agent - Puorro Realty Group

    Kelly Puorro

    Puorro Realty Group

    (959) 265-4615

    103 Total Sales

    1 in Old Lyme

    $375,000 Price

    Kelly Puorro
     Section Image
  • Samantha Conde Real Estate Agent - RE/MAX One

    Samantha Conde

    RE/MAX One

    (401) 208-0869

    87 Total Sales

    2 in Old Lyme

    $90K - $375K Price Range

    Samantha Conde
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$359,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $323,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $359,000 0.0% $416 / Sq Ft
06/21/2021 06/21/21 For Sale $359,000 -- $416 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,567 $343,000 $234,300 $108,700
2024 $4,436 $181,800 $128,800 $53,000
2023 $4,272 $181,800 $128,800 $53,000
2022 $4,272 $181,800 $128,800 $53,000
2021 $4,236 $181,800 $128,800 $53,000
2020 $4,218 $181,800 $128,800 $53,000
2019 $4,471 $199,500 $144,900 $54,600
2018 $4,371 $199,500 $144,900 $54,600
2017 $4,339 $199,500 $144,900 $54,600
2016 $4,229 $199,500 $144,900 $54,600
2015 $4,114 $199,500 $144,900 $54,600
2014 $3,621 $184,200 $122,400 $61,800
Source: Public Records

Agents Affiliated with this Home

  • John Troland Real Estate Agent - William Raveis Real Estate

    Seller's Agent in 2021

    John Troland

    William Raveis Real Estate

    (860) 753-1661

    75 Total Sales

    John Troland
    Section Image
  • Margaret Brennan Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2021

    Margaret Brennan

    Coldwell Banker Realty

    (860) 690-6582

    77 Total Sales

    Margaret Brennan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170412464

SmartMLS

APN: OLYM-000079-000000-000064

Connecticut New London County Old Lyme 06371

38 Biscayne Blvd, Old Lyme, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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