NOT LISTED FOR SALE

397 Colonel Ledyard Hwy Ledyard, CT 06339

Estimated Value: $437,000 - $455,815

3 Beds
2 Baths
2,424 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $420,000 $173 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,805/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Shed
  • Deck
  • Bonus Room
  • Baseboard Heating

About This Home

As of September 2024

Welcome to 397 Colonel Ledyard Highway, a charming antique Colonial nestled in a picturesque setting that blends timeless elegance with cozy comfort. In the early 1820's, this house was home to Jonathan Whipple, the first President of the post-Civil War Connecticut Peace Society and an early teacher of the oralism method to the hearing-impaired. This inviting home features wide plank pine floors that flow seamlessly throughout. With 3 bedrooms and an unfinished room on the 2nd floor, there is plenty of space to make your own. The eat-in kitchen opens up to a bright and airy living area, perfect for gatherings. You'll also find a formal dining room, a spacious family room, a cozy living room, and a dedicated office space. The convenient first-floor laundry adds to the home's practicality. Located minutes from Ledyard Center, both world class casinos, vineyards, downtown Mystic, Mystic Aquarium, Mystic Seaport, Groton, I-95, Electric Boat, Sub Base, Coast Guard and more. This welcoming property should not be missed! Come see!

Last Agent to Sell the Property

Katie Korpi

Berkshire Hathaway NE Prop. License #RES.0801021 Listed on: 08/09/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Olivia Bueno

William Raveis Real Estate License #RES.0822417

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1750

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Property is zoned R60

Parking

  • Parking Deck

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding

Interior Spaces

  • 2,424 Sq Ft Home
  • Bonus Room
  • Attic or Crawl Hatchway Insulated
  • Smart Thermostat

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump
  • Dirt Floor

Outdoor Features

  • Deck
  • Shed

Schools

  • Gallup Hill Elementary School
  • Ledyard Middle School
  • Ledyard High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: See Inclusions/Exclusions List
  • Assessor Parcel Number 1514803

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,122

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial, Antique
  • Sq Ft Est Heated Above Grade: 2424
  • Total Sq Ft: 2424
  • Year Built: 1750
  • New Construction: No/Resale
  • Exclusions: See Inclusions/Exclusions List
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: GPS friendly.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Street Type: Highway
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Sump Pump, Hatchway Access, Dirt Floor, Full With Hatchway
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 397

Exterior Features

  • Exterior Features: Shed, Deck
  • Exterior Siding: Clapboard
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Gallup Hill
  • Middle School: Ledyard
  • High School: Ledyard

Lot Info

  • Acres: 0.5
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R60
  • Parcel #: 1514803

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5122
  • Total Assessed Value: 145460
  • Mil Rate Total: 35.21

MLS Schools

  • Elementary School: Gallup Hill
  • Middle Jr High School: Ledyard
  • High School: Ledyard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 23, 2024
Sold by
James Gregory
Bought by
Ouellette Eric A and Erwin Faye R
Seller's Agent
Katie Korpi
Berkshire Hathaway NE Prop.
Buyer's Agent
Olivia Bueno
William Raveis Real Estate
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
28
Current Estimated Value
$444,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,704
Avg. Annual Appreciation
5.71%
Original Mortgage
$357,000
Outstanding Balance
$352,987
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,717

Purchase Details

Listed on
Feb 7, 2022
Closed on
Apr 22, 2022
Sold by
Howard Caela and Whaley-Clark Leslie
Bought by
Markowitz Alana and Markowitz James Gregory
Seller's Agent
Madison Kettlety
Coldwell Banker Coastal Homes
Buyer's Agent
James Carroll
Seaboard Properties
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.12%
Original Mortgage
$176,250
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 25, 2015
Sold by
Avenue 705 Washington
Bought by
Howard Caela and Whaley-Clark Leslie
Seller's Agent
Alexis Devlin
Coldwell Banker Realty
Buyer's Agent
Alexis Devlin
Coldwell Banker Realty
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$140,125
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2014
Sold by
Mcwilliams Mark
Bought by
705 Washington Ave Llc

Purchase Details

Closed on
Aug 5, 2013
Sold by
Suntrust Mtg Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2007
Sold by
Kuranda Richard J and Regan-Kuranda Alicia M
Bought by
Smith David E and Smith Alison M

Purchase Details

Closed on
Aug 18, 2004
Sold by
Cramer Abby
Bought by
Kuranda Richard and Kuranda Alicia

Purchase Details

Closed on
Jun 9, 1994
Sold by
Sheffield John H and Sheffield-Hodge Betsy
Bought by
Cramer Kurt S and Cramer Abby
Source: Public Records

Range of Values:

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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
Ouellette Eric A $420,000 None Available
Ouellette Eric A $420,000 None Available
Markowitz Alana $235,000 None Available
Howard Caela $147,500 --
705 Washington Ave Llc -- --
Mcwilliams Mark $83,100 --
Federal National Mortgage Association -- --
Smith David E $263,000 --
Kuranda Richard $265,000 --
Cramer Kurt S $130,000 --
Howard Caela $147,500 --
Mcwilliams Mark $83,100 --
Federal National Mortgage Association -- --
Smith David E $263,000 --
Kuranda Richard $265,000 --
Cramer Kurt S $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouellette Eric A $357,000
Closed Ouellette Eric A $357,000
Previous Owner Markowitz Alana $176,250
Previous Owner Cramer Kurt S $140,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $420,000 -6.5% $173 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $449,000 +91.1% $185 / Sq Ft
04/22/2022 04/22/22 Sold $235,000 -9.6% $97 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $260,000 +76.3% $107 / Sq Ft
08/21/2015 08/21/15 Sold $147,500 -1.6% $61 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $149,900 -- $62 / 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 $5,366 $144,480 $44,590 $99,890
2024 $5,122 $145,460 $44,590 $100,870
2023 $5,027 $145,460 $44,590 $100,870
2022 $4,919 $145,460 $44,590 $100,870
2021 $4,887 $145,460 $44,590 $100,870
2020 $4,933 $141,050 $42,350 $98,700
2019 $4,945 $141,050 $42,350 $98,700
2018 $4,837 $141,050 $42,350 $98,700
2017 $4,590 $141,050 $42,350 $98,700
2016 $4,499 $141,050 $42,350 $98,700
2015 $4,288 $141,050 $42,350 $98,700
2014 $5,055 $169,050 $44,590 $124,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24038442

SmartMLS

APN: LEDY-000128-000530-000397