NOT LISTED FOR SALE

38 Honey Hill Rd Old Lyme, CT 06371

Estimated Value: $388,550 - $685,000

4 Beds
3 Baths
2,088 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $280,000 $134 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,939/month

27 Days on Market

Highlights

  • 2.21 Acre Lot
  • Contemporary Architecture
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Attic
  • No HOA

About This Home

As of October 2021

If you missed out on this home the first time you are in luck, the previous buyer could not perform. This home features a first-floor bedroom with a full bath and a lower-level master bedroom suite with vaulted ceilings, a 30-foot wall of closets, and a full bath with a deep hydro jet tub and a step-in shower. The walk-out lower level also has two other bedrooms, an additional full bath, and a large laundry room. The living room has 13-foot ceilings, wood floors, and a corner fireplace, the kitchen has a large dining area, vaulted ceilings multiple sliders, and a cozy woodstove. You will love the 27x 29 foot two car detached garage with automatic garage doors and pulldown stairs to a full storage attic. Lyme is a small, rural community with approximately 2,300 residents situated on the Eastern bank of the Connecticut River 2 hours from New York and Boston and is roughly 30 square miles in size, with a very low population density. Lyme is intensely committed to preserving its agricultural heritage and small-town quality of life. Lymes' open-space acquisition priorities enjoy broad-based public support. The town of Lyme has forged important partnerships with the Lyme Land Conservation Trust and the Nature Conservancy’s Connecticut chapter to further the preservation and conservation goals allowing its residents to enjoy the unspoiled beauty associated with an earlier time, including the scenic Hamburg Cove and the federally designated Wild and Scenic Eight Mile River.

Last Agent to Sell the Property

Eric Engdall

Coldwell Banker Realty License #RES.0784322 Listed on: 08/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Salerno

Coldwell Banker Realty License #RES.0789894

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 1977

Lot Details

  • 2.21 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Many Trees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Partial Basement
  • Basement Hatchway
  • Dirt Floor

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Baseboard Heating
  • Heating System Uses Kerosene
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,491

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1656
  • Public Record Living Room Sq Ft: 1656
  • Sq Ft Est Heated Below Grade: 432
  • Total Sq Ft: 2088
  • Year Built: 1977
  • Nearby Amenities: Golf Course, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3578
  • Directions: GPS friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Access Via Hatch
  • Basement Description: Partial With Hatchway, Unfinished, Concrete Floor, Dirt Floor, Hatchway Access
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: 10x6
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 38

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Space Heater
  • Heat Fuel Type: Electric, Kerosene
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Lyme Consolidated
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 2.2100
  • Lot Description: Open Lot, Cleared, Rolling, Treed
  • Flood Zone: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3491
  • Total Assessed Value: 175000
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 1521096

MLS Schools

  • Elementary School: Lyme Consolidated
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 5, 2021
Sold by
Diaz Susan
Bought by
Salcedo Jose
Seller's Agent
Eric Engdall
Coldwell Banker Realty
Buyer's Agent
Stephanie Salerno
Coldwell Banker Realty
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Current Estimated Value
$480,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,638
Avg. Annual Appreciation
15.19%
Original Mortgage
$271,600
Outstanding Balance
$248,746
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,892

Purchase Details

Closed on
Jan 26, 1994
Sold by
Woods Jimmie D and Woods Anne S
Bought by
Diaz Eric and Diaz Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
7.11%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salcedo Jose $280,000 None Available
Diaz Eric $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salcedo Jose $271,600
Previous Owner Diaz Susan $431,000
Previous Owner Diaz Eric $120,000
Previous Owner Diaz Eric $112,000
Previous Owner Diaz Eric $131,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $280,000 -3.1% $134 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $289,000 -- $138 / 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 $3,421 $235,900 $81,000 $154,900
2024 $3,421 $235,900 $81,000 $154,900
2023 $3,413 $175,000 $48,200 $126,800
2022 $3,491 $175,000 $48,200 $126,800
2021 $3,491 $175,000 $48,200 $126,800
2020 $3,491 $175,000 $48,200 $126,800
2019 $3,491 $175,000 $48,200 $126,800
2018 $3,465 $186,300 $55,800 $130,500
2017 $3,400 $186,300 $55,800 $130,500
2016 $3,400 $186,300 $55,800 $130,500
2015 $3,307 $186,300 $55,800 $130,500
2014 $3,167 $186,300 $55,800 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170428003

SmartMLS

APN: LYME-000013-000000-000005