38 Gurley Rd East Lyme, CT 06333
Estimated Value: $384,000 - $450,000
4
Beds
2
Baths
1,764
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Deck
- Secluded Lot
- Attic
- East Lyme Middle School Rated A-
- Wetlands on Lot
- No HOA
About This Home
As of January 2021Great investment opportunity! Two unit multi - family home in East Lyme. Owner occupied or rent both sides. Side by side duplex units 2 bedroom 1 bath. Laundry located in basement with extra storage and walk out. Private, wooded lot close to shopping, beaches and highway.
Last Listed By
Harriet Cohen
Berkshire Hathaway NE Prop. License #RES.0765515 Listed on: 07/31/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,522
Year Built
- Built in 1974
Lot Details
- 0.76 Acre Lot
- Secluded Lot
- Level Lot
Home Design
- Side-by-Side
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,764 Sq Ft Home
- Attic or Crawl Hatchway Insulated
- Smart Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Crawl Space
Parking
- Parking Deck
- Gravel Driveway
- Parking Lot
Outdoor Features
- Wetlands on Lot
- Deck
Location
- Property is near shops
- Property is near a golf course
Schools
- East Lyme High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Private Water Source
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2020
Closed on
Dec 21, 2020
Sold by
Marino Debra P and Marino Michael F
Bought by
Georges James R
Seller's Agent
Harriet Cohen
Berkshire Hathaway NE Prop.
Buyer's Agent
Reynold Georges
Best Quality Real Estate
List Price
$289,000
Sold Price
$243,000
Premium/Discount to List
-$46,000
-15.92%
Total Days on Market
102
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
$163,740
Avg. Annual Appreciation
11.36%
Original Mortgage
$238,598
Outstanding Balance
$216,302
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$173,037
Purchase Details
Closed on
Oct 24, 2003
Sold by
Bartelli Lisa
Bought by
Marino Debra and Marino Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 1999
Sold by
Tucciarone Thomas
Bought by
Bartelli Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Similar Home in East Lyme, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Georges James R | $243,000 | None Available | |
| Georges James R | $243,000 | None Available | |
| Marino Debra | $230,000 | -- | |
| Marino Debra | $230,000 | -- | |
| Bartelli Lisa A | $129,900 | -- | |
| Bartelli Lisa A | $129,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Georges James R | $238,598 | |
| Closed | Georges James R | $238,598 | |
| Previous Owner | Bartelli Lisa A | $166,200 | |
| Previous Owner | Bartelli Lisa A | $184,000 | |
| Previous Owner | Bartelli Lisa A | $123,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2021 01/08/21 | Sold | $243,000 | -9.7% | $138 / Sq Ft |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | Price Changed | $269,000 | -2.9% | $152 / Sq Ft |
| 08/11/2020 08/11/20 | Price Changed | $277,000 | -4.2% | $157 / Sq Ft |
| 07/31/2020 07/31/20 | For Sale | $289,000 | -- | $164 / 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 | $4,637 | $175,980 | $95,830 | $80,150 |
| 2023 | $4,378 | $175,980 | $95,830 | $80,150 |
| 2022 | $4,195 | $175,980 | $95,830 | $80,150 |
| 2021 | $4,490 | $157,500 | $91,070 | $66,430 |
| 2020 | $4,522 | $159,460 | $91,070 | $68,390 |
| 2019 | $4,495 | $159,460 | $91,070 | $68,390 |
| 2018 | $4,361 | $159,460 | $91,070 | $68,390 |
| 2017 | $4,171 | $159,460 | $91,070 | $68,390 |
| 2016 | $4,152 | $163,730 | $86,240 | $77,490 |
| 2015 | $4,046 | $163,730 | $86,240 | $77,490 |
| 2014 | $3,934 | $163,730 | $86,240 | $77,490 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Harriet Cohen
Berkshire Hathaway Home Services
(860) 608-6542
-
Seller Co-Listing Agent in 2021
Kristy Donahue
Berkshire Hathaway Home Services
-
Reynold Georges
Buyer's Agent in 2021
Reynold Georges
Best Quality Real Estate
(203) 952-6470
1 in this area
12 Total Sales
Map
Source: SmartMLS
MLS Number: 170322113
APN: ELYM-003600-000051
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