$1,425,000
SOLD AUG 19, 2016

38 Hatchett Point Rd Old Lyme, CT 06371

3 Beds
3 Baths
2,016 Sq Ft
2.05 Acres

Recently Sold

$707 Per Sq Ft

19% Below List Price

483 Days on Market

Highlights

  • Beach Front
  • 2.05 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Ranch Style House

About This Home

As of October 2021

Waterfront on Long Island Sound! Relax and enjoy the quiet comforts of this Hatchett's Point home. Located on a secluded and private beach close to town and shopping areas. Hardwood floors throughout, panoramic views of the "Big Pond" and Long Island Sound, loads of windows to enjoy the sunshine, and sits High and Dry from all storms and Hurricanes! If serenity is what you seek - then look no further. Hatchett's Point is a private enclave of homes with a quiet setting, association clay tennis court, 2 private beaches (West and East side of the point), 2 ponds, and an ownership interest in the 200+acres that secludes the residences.

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 02/01/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Nancy Birge

Coldwell Banker Realty License #RES.0778470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,702

Year Built

  • Built in 1955

Lot Details

  • 2.05 Acre Lot
  • Beach Front
  • Home fronts a sound

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Cedar Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Basement Hatchway
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Shared Well
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, lake/beach access, road maintenance, tennis, trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,702

Year Built

Built in 1955

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 2016
  • Year Built: 1955
  • Easements Right Of Way: ROW by foot to beach
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: This is a private location, and drive by "looks" are monitored by the grounds keeper living in residence on property. Please schedule an appointment to view the home and/or it's surroundings.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Hatchway Access
  • Interior Amenities: Open Floor Plan, Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Features: Deck, Patio
  • Exterior Siding: Cedar
  • Waterfront Description: Association Required, Beach, L. I. Sound Frontage, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Open
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Shared Well
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Lake/Beach Access, Road Maintenance, Tennis, Trash Pickup
  • HOA Fees: 500
  • HOA Fee Frequency: Monthly
  • HOA: Yes

Schools

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

Lot Info

  • Acres: 2.0483
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 25702
  • Total Assessed Value: 1212400
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1550844

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 25, 2021
Sold by
Beach Path Llc
Bought by
Luanne Rice T
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$1,918,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,716
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,000,000
Outstanding Balance
$921,744
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,223,741
Source: Public Records

Similar Homes in Old Lyme, CT

  • 56 Columbus Ave, Old Lyme, CT 06371

    $1,150,000

    • 4 Beds
    • 3 Baths
    • 2,088 Sq Ft
    • 56 Columbus Ave
    • Old Lyme, CT

    This completely remodeled & updated contemporary craftsman ranch style home is located just steps to the private association beach with LI Sound views from the property! The home features an open & airy concept that brings in the ambient light with plenty of dining and entertaining space both inside & out. The entire home has been tastefully & completely remodeled to include the open kitchen with

    Kevin Geysen William Pitt Sotheby's Int'l

    Section Image
  • 24-26 Lyme St, Old Lyme, CT 06371

    $1,200,000

    • 1 Bed
    • 4 Baths
    • 3,384 Sq Ft
    • 24-26 Lyme St
    • Old Lyme, CT

    Don't miss this rare opportunity to own two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential

    Logan Hayes NestSeekers International

    Section Image
  • 25 Johnny Cake Hill Rd, Old Lyme, CT 06371

    $1,200,000

    • 4 Beds
    • 3.5 Baths
    • 2,750 Sq Ft
    • 25 Johnny Cake Hill Rd
    • Old Lyme, CT

    A serene escape nestled on the outskirts of the village, this elegant Old Lyme colonial is an artful blend of historic integrity and contemporary living. Sheltered by a perfect road with little traffic, the four-bedroom, 2750-square-foot residence is on 1.20 acres of beautifully landscaped green and gardens, surrounded by nature and the quiet of the Old Lyme Golf Club. With French doors and a

    Colette Harron William Pitt Sotheby's Int'l

    Section Image
  • 4 Johnny Cake Hill Rd, Old Lyme, CT 06371

    $1,395,000

    • 5 Beds
    • 4.5 Baths
    • 3,952 Sq Ft
    • 4 Johnny Cake Hill Rd
    • Old Lyme, CT

    Find exceptional Duck River marsh views at this handsome Old Lyme village property where 19th-century details meld with exceptional updates. A 2019 renovation created a stunning luxury kitchen featuring top-of-the-line appliances, a great room/dining room and the addition of a first-floor primary bedroom full bath and laundry. Soaring ceilings, elegant built-ins and wide board floors meld to

    Nancy Mesham Coldwell Banker Realty

    Section Image
  • 20 Lyme St, Old Lyme, CT 06371

    $1,650,000

    • 4 Beds
    • 3 Baths
    • 3,781 Sq Ft
    • 20 Lyme St
    • Old Lyme, CT

    A handsome & pristine C1850 4 Bed 3 Bath residence on much revered Lyme St, in the historic village district of Old Lyme. Steeped in history and formerly part of the town hall it was remarkably moved by horse & cart to its current site to become the post office & a masonic hall. In 2011 it was painstakingly converted to a private home from the ground up by the current owner, with every high end

    Roger Parkman William Pitt Sotheby's Int'l

    Section Image
  • 9 Academy Ln, Old Lyme, CT 06371

    $1,150,000

    • 4 Beds
    • 2.5 Baths
    • 2,844 Sq Ft
    • 9 Academy Ln
    • Old Lyme, CT

    Imagine evening strolls in the village and chatting with neighbors in the home of American Impressionism. This handsome Old Lyme village colonial is a short walk to top ranked middle/high schools, pre-schools, library, churches, galleries, shops - even a barber shop. OLCC golf/pool, paddle/tennis is a short walk away. Enter a gracious foyer with custom millwork and a handsome turned staircase.

    Terry Kemper Coldwell Banker Realty

    Section Image
  • 60 Lyme St, Old Lyme, CT 06371

    $1,395,000

    • 3 Beds
    • 3 Baths
    • 3,113 Sq Ft
    • 60 Lyme St
    • Old Lyme, CT

    Discover the enchantment of this Historic Old Lyme property, an iconic landmark established in 1987. Nestled in the heart of Old Lyme Village, this landmark building offers a unique blend of nostalgic charm and modern potential, perfect for both commercial and residential aspirations. As part of the Turtle Fields Association, there is a shared dock leading out to the Lieutenant River. There are

    Tammy Tinnerello William Pitt Sotheby's Int'l

    Section Image
  • 41-1 Whippoorwill Rd, Old Lyme, CT 06371

    $1,799,000

    • 4 Beds
    • 3.5 Baths
    • 3,345 Sq Ft
    • 41-1 Whippoorwill Rd
    • Old Lyme, CT

    Nestled in the charming coastal town of Old Lyme, Connecticut, this expansive 3345-square-foot farmhouse offers a perfect blend of rustic elegance and modern comfort. Set on a serene lot, this home welcomes you with its classic New England charm, featuring a sprawling layout designed for both relaxation and entertaining. The first-floor master bedroom is a true retreat, complete with ample space,

    Allyson Cotton William Pitt Sotheby's Int'l

    Section Image
  • 5 Clarks Ln, Old Lyme, CT 06371

    $1,195,000

    • 3 Beds
    • 2.5 Baths
    • 3,364 Sq Ft
    • 5 Clarks Ln
    • Old Lyme, CT

    This custom shingle style home tucked away on a pristine one acre setting in Talcott Farms has a wonderful open floor plan with rooms that flow together effortlessly. A gracious foyer is ideal for welcoming guests into the large Living Room with tray ceiling and wood burning fireplace. The adjoining formal Dining Room has sliders leading to a beautiful wrap around blue stone terrace surrounded by

    James Childs William Pitt Sotheby's Int'l

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $1,750,000 0.0% $868 / Sq Ft
09/24/2021 09/24/21 For Sale $1,750,000 0.0% $868 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,750,000 0.0% $868 / Sq Ft
06/01/2021 06/01/21 Rented $3,600 0.0% --
05/29/2021 05/29/21 Under Contract -- -- --
02/06/2021 02/06/21 For Rent $3,600 +44.0% --
09/29/2020 09/29/20 Rented $2,500 0.0% --
09/02/2020 09/02/20 For Rent $2,500 +25.0% --
02/03/2020 02/03/20 Rented $2,000 0.0% --
01/16/2020 01/16/20 For Rent $2,000 0.0% --
12/02/2019 12/02/19 Rented $2,000 0.0% --
09/23/2019 09/23/19 Price Changed $2,000 -16.7% $1 / Sq Ft
07/18/2019 07/18/19 For Rent $2,400 +20.0% --
03/01/2019 03/01/19 Rented $2,000 0.0% --
02/21/2019 02/21/19 Under Contract -- -- --
12/07/2018 12/07/18 For Rent $2,000 -39.4% --
07/09/2018 07/09/18 Rented $3,300 0.0% --
07/08/2018 07/08/18 Under Contract -- -- --
05/10/2018 05/10/18 For Rent $3,300 +65.0% --
01/02/2018 01/02/18 Rented $2,000 0.0% --
12/28/2017 12/28/17 Under Contract -- -- --
11/28/2017 11/28/17 For Rent $2,000 0.0% --
02/01/2017 02/01/17 Rented $2,000 -16.7% --
01/15/2017 01/15/17 Under Contract -- -- --
09/23/2016 09/23/16 For Rent $2,400 0.0% --
08/19/2016 08/19/16 Sold $1,425,000 +74900.0% $707 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
04/29/2016 04/29/16 Rented $1,900 -13.6% --
03/16/2016 03/16/16 Under Contract -- -- --
09/08/2015 09/08/15 For Rent $2,200 +15.8% --
02/02/2015 02/02/15 Rented $1,900 0.0% --
02/01/2015 02/01/15 For Sale $1,750,000 0.0% $868 / Sq Ft
01/11/2015 01/11/15 Under Contract -- -- --
09/02/2014 09/02/14 For Rent $2,100 +5.0% --
02/01/2013 02/01/13 Rented $2,000 -4.8% --
02/01/2013 02/01/13 Under Contract -- -- --
08/20/2012 08/20/12 For Rent $2,100 -- --
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
2024 $28,341 $1,161,500 $1,064,400 $97,100
2023 $27,295 $1,161,500 $1,064,400 $97,100
2022 $27,295 $1,161,500 $1,064,400 $97,100
2021 $27,063 $1,161,500 $1,064,400 $97,100
2020 $26,947 $1,161,500 $1,064,400 $97,100
2019 $27,170 $1,212,400 $1,079,100 $133,300
2018 $26,564 $1,212,400 $1,079,100 $133,300
2017 $26,370 $1,212,400 $1,079,100 $133,300
2016 $25,703 $1,212,400 $1,079,100 $133,300
2015 $25,000 $1,212,400 $1,079,100 $133,300
2014 $25,330 $1,288,400 $1,137,900 $150,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10019785

SmartMLS

APN: OLYM-000005-000000-000001