$540,000
SOLD OCT 9, 2024

4 Chestnut Ln Unit 4 East Lyme, CT 06357

3 Beds
2.5 Baths
2,784 Sq Ft
2002 Built

Recently Sold

$194 Per Sq Ft

9% Below List Price

56 Days on Market

About This Home

As of October 2024

Welcome to your dream retirement home! This beautifully renovated single family residence is now available in the 55 and over community of Chapman Woods. With meticulous attention to detail and comfort, this home offers: New Hardwood Floors: enjoy the elegance and warmth of brand new hardwood flooring in all of the bedrooms and the den. The dining room and living room hardwood floors have just been refinished and are gleaming. Fresh Paint: Step into a fresh canvas with tastefully chosen paint colors that create a serene and inviting atmosphere. New Appliances: A chef's delight awaits you in the kitchen with all new stainless steel appliances. Partially Finished Basement: The perfect space for hobbies, storage, or additional living areas, offering flexibility and room to grow. New lighting fixtures add a touch of sophistication to each room. Located in a serene and well maintained 55+ community, this home not only offers comfort and style but also a vibrant community atmosphere with amenities tailored for your lifestyle. Live the retirement you deserve in this meticulously updated home- make it yours today!

Last Agent to Sell the Property

Cynthia Bahl

Anchor Real Estate LLC License #REB.0790371 Listed on: 07/11/2024

Last Buyer's Agent

Martha Quaratella

Coldwell Banker Realty License #RES.0798111

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 2002

Lot Details

  • Property is zoned R40

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • Association fees include grounds maintenance, snow removal, property management, pest control

Listing and Financial Details

  • Assessor Parcel Number 2312046

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,085

Year Built

Built in 2002

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Neighborhood: Niantic
  • Property Type: Condo/Co-Op For Sale
  • Style: Single Family Detached
  • Sq Ft Est Heated Above Grade: 2214
  • Sq Ft Est Heated Below Grade: 570
  • Total Sq Ft: 2784
  • Year Built: 2002
  • New Construction: No/Resale
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Directions: Flanders Rd to Chapman Woods Rd to Hidden Ledges to Chestnut.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Partially Finished
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 4

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Upright Tank, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Snow Removal, Property Management, Pest Control
  • Levels In Unit: 2
  • HOA Fees: 537
  • HOA Fee Frequency: Monthly
  • Property Manager Name: Northeast Property Management
  • Property Manager Phone: (860) 437-7005
  • Total Number of Units In Complex: Chapman Woods

Schools

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

Lot Info

  • Lot Description: Sloping Lot On Cul-De-Sac
  • Zoning: R40
  • Property Info: Adult Community 55
  • Parcel #: 2312046

Rental Info

  • Pets Allowed Info: per condo association rul
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 95

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7085
  • Total Assessed Value: 268870
  • Mil Rate Total: 26.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 8, 2024
Sold by
Bahl David M and Bahl Cynthia M
Bought by
Linton Joyce A
Seller's Agent
Cynthia Bahl
Anchor Real Estate LLC
Buyer's Agent
Martha Quaratella
Coldwell Banker Realty
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%
Views
95
Current Estimated Value
$551,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,205
Avg. Annual Appreciation
-1.34%

Purchase Details

Closed on
May 9, 2024
Sold by
Andrassi Jane
Bought by
Bahl Cynthia M and Bahl David M

Purchase Details

Closed on
Jan 19, 1989
Sold by
Nauce Deborah
Bought by
Rockhill Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
10.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $540,000 None Available
Warranty Deed $540,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed $460,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,200 Purchase Money Mortgage
Previous Owner $66,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $540,000 0.0% $194 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $539,900 -1.8% $194 / Sq Ft
07/20/2024 07/20/24 Price Changed $550,000 -7.6% $198 / Sq Ft
07/11/2024 07/11/24 For Sale $595,000 -- $214 / 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
2024 $7,085 $268,870 $0 $268,870
2023 $6,689 $268,870 $0 $268,870
2022 $6,410 $268,870 $0 $268,870
2021 $6,368 $223,370 $0 $223,370
2020 $6,335 $223,370 $0 $223,370
2019 $6,297 $223,370 $0 $223,370
2018 $6,109 $223,370 $0 $223,370
2017 $5,843 $223,370 $0 $223,370
2016 $5,164 $203,630 $0 $203,630
2015 $5,032 $203,630 $0 $203,630
2014 $4,893 $203,630 $0 $203,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24030528

SmartMLS

APN: ELYM-002601-013002-000024