Seller's Agent in 2024
Laurie Walker
William Pitt
(860) 227-5571
20 in this area
43 Total Sales
38 W End Dr Old Lyme, CT 06371
Estimated Value: $1,108,900 - $1,356,000
6
Beds
2
Baths
1,806
Sq Ft
$671/Sq Ft
Est. Value
Highlights
- Waterfront
- Attic
- Cottage
- Mile Creek School Rated A
- 1 Fireplace
- Ceiling Fan
About This Home
As of June 2024Waterfront Year-Round, Two-Family, Income Producing Home on Long Island Sound overlooking the tranquil blue waters with a large, private, sandy beach in desirable Hawks Nest Beach Association! Relax and rejuvenate in the ocean air and sea breezes. Quintessential beach cottage where a lifetime of memories are made! A two-family home with two completely separate units, each with an eat-in Kitchen open to a Living Room, a Sun-filled Enclosed Porch overlooking the beach and water, and each include three bedrooms and one full bathroom on each side. Almost every room has a Waterview. You can rent one side and enjoy the other! So many water activities to enjoy, swimming, paddle boarding, sailing, and more. Charming, Shoreline, community features art galleries, restaurants, an historic district, and shopping, tennis and golf nearby. Cross Lane Park features basketball and tennis courts for more recreation. Conveniently located only two hours from New York and Boston. Amtrak train nearby. Once in a lifetime opportunity where a lifetime of memories are made!
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0417234 Listed on: 04/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,059
Year Built
- Built in 1928
Lot Details
- 5,663 Sq Ft Lot
- Waterfront
- Property is zoned R-10 Two Family
HOA Fees
- $42 Monthly HOA Fees
Parking
- 4 Parking Spaces
Home Design
- Cottage
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Shingle Siding
Interior Spaces
- 1,806 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Partial Basement
- Attic or Crawl Hatchway Insulated
- Oven or Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Location
- Flood Zone Lot
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme Middle School
- Lyme-Old Lyme High School
Utilities
- Heating System Uses Oil Above Ground
- Heating System Uses Propane
Community Details
- Association fees include lake/beach access
Listing and Financial Details
- Exclusions: Stained glass lighting fixtures not included in the sale. Furnishings, picnic tables, Adirondack chairs may be purchased.
- Assessor Parcel Number 1554477
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
Jun 20, 2024
Sold by
Karen B Coan T B and Karen Coan
Bought by
Ieraci Michael C and Ieraci Joseph
Seller's Agent
Laurie Walker
William Pitt Sotheby's Int'l
Buyer's Agent
Pam Savejs
Century 21 AllPoints Realty
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%
Views
83
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
-$63,033
Avg. Annual Appreciation
-10.24%
Original Mortgage
$859,600
Interest Rate
9.38%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ieraci Michael C | $1,275,000 | None Available | |
| Ieraci Michael C | $1,275,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ieraci Joseph | $873,750 | |
| Closed | Ieraci Michael C | $859,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,275,000 | -1.5% | $706 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $1,295,000 | -- | $717 / 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 |
|---|---|---|---|---|
| 2025 | $14,510 | $894,000 | $769,600 | $124,400 |
| 2024 | $11,483 | $470,600 | $383,300 | $87,300 |
| 2023 | $11,059 | $470,600 | $383,300 | $87,300 |
| 2022 | $11,059 | $470,600 | $383,300 | $87,300 |
| 2021 | $10,965 | $470,600 | $383,300 | $87,300 |
| 2020 | $10,918 | $470,600 | $383,300 | $87,300 |
| 2019 | $10,465 | $467,000 | $365,100 | $101,900 |
| 2018 | $10,232 | $467,000 | $365,100 | $101,900 |
| 2017 | $10,157 | $467,000 | $365,100 | $101,900 |
| 2016 | $10,227 | $482,400 | $380,500 | $101,900 |
| 2015 | $9,947 | $482,400 | $380,500 | $101,900 |
| 2014 | $8,865 | $450,900 | $346,600 | $104,300 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Walker
-
Pam Savejs
Buyer's Agent in 2024
Pam Savejs
Century 21 AllPoints Realty
(203) 631-6744
1 in this area
104 Total Sales
Map
Source: SmartMLS
MLS Number: 24007543
APN: OLYM-000071-000000-000051
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