NOT LISTED FOR SALE

397-2 Hamburg Rd Old Lyme, CT 06371

4 Beds
2 Baths
2,072 Sq Ft
2 Acres

Last Sold December 19, 2023

Last sale price $583,000 $281 Per Sq Ft

15 Days on Market

Highlights

  • 2 Acre Lot
  • Open Floorplan
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Cape Cod Architecture
  • Enclosed Patio or Porch

About This Home

As of December 2023

DON'T NEED TO WORRY ABOUT INTEREST RATES WHEN YOU CAN HAVE EXTRA RENTAL INCOME COMING IN!! MOVE IN READY ESTATE IN BUCOLIC LYME! THIS RARE PROPERTY HAS A MAIN HOUSE WITH 2100 SQ. FT. AND 2 ADDITIONAL DWELLINGS. The expansive 4 bedroom, 2 bath main house on 2 acres has been renovated with high style in mind. Two additional buildings can be used as rentals (both currently rented) or as a home office, gym, or guest cottage. The main house features a stunning white shaker kitchen with quartz countertops, recessed lighting, exposed brick and wide plank pine floors. Two full bath have also been remodeled. The large family room has a wood burning fireplace with a 3D wall treatment above & built in bookcase. Entertain or relax in the 3 season sunroom. Refinished hardwood floors throughout, fresh paint, new lighting and updated electrical/plumbing. Big ticket items - septic, main home roof and windows - have been updated. A new French drain system means you never have to worry about water in the basement! Tons of room in the oversized 2 car garage. The front cottage, a studio with storage loft & bathroom, has been nicely updated. The 2nd home, the chalet with loft bedroom and full bath, is tucked back in a private spot. Use the rental income to help pay the mortgage and enjoy the ideal location just a few miles to RT 95, marinas, trains to NYC/Boston and shopping. Come a take a tour and fall in love! Agent has ownership interest. Photos from prior to tenants moving in.

Last Agent to Sell the Property

Lynn Toper

CR Premier Properties License #RES.0807181 Listed on: 10/01/2023

Last Buyer's Agent

Jennifer Obrey

RE/MAX Legends License #RES.0820155

RE/MAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1957

Lot Details

  • 2 Acre Lot
  • Stone Wall
  • Property is zoned RU80

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Lyme Consolidated Elementary School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2327816

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Neighborhood: Mount Archer
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2072
  • Total Sq Ft: 2072
  • Year Built: 1957
  • New Construction: No/Resale
  • Nearby Amenities: Library, Park, Public Rec Facilities, Shopping/Mall
  • Remarks Public Addendum: Currently all 3 properties are rented. The main house and chalet have leases that expire in January 2024. The tenant in the chalet has been there for 7 years and would like to continue to stay. The front cottage is leased through 8/31/24. Properties are being sold AS IS. Video cameras in the front of the property.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS friendly.
  • Financing Used: FHA
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Unfinished, Garage Access, Sump Pump
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 397-2

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Porch-Enclosed, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Lyme Consolidated
  • High School: Per Board of Ed

Lot Info

  • Acres: 2
  • Lot Description: Lightly Wooded Sloping Lot
  • Flood Zone: No
  • Zoning: RU80
  • Parcel #: 2327816

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4676
  • Total Assessed Value: 239800
  • Mil Rate Total: 19.5

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $583,000 -2.8% $281 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $599,900 -- $290 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lynn Toper

    Seller's Agent in 2023

    Lynn Toper

    CR Premier Properties

    (860) 560-6775

    4 in this area

    52 Total Sales

    Lynn Toper
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Obrey

    RE/MAX

    (860) 451-8000

    1 in this area

    36 Total Sales

    Jennifer Obrey
    Section Image
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Map

Source: SmartMLS

MLS Number: 170601469

SmartMLS
Connecticut New London County Old Lyme 06371

397-2 Hamburg Rd, Old Lyme, CT

This home is located at 397-2 Hamburg Rd, Old Lyme, CT 06371 since 01 October 2023. This property was built in 1957. 397-2 Hamburg Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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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