NOT LISTED FOR SALE

4 Joel Rd Old Lyme, CT 06371

Estimated Value: $311,000 - $714,000

2 Beds
3 Baths
2,042 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,150,000 $563 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $3,955/month

67 Days on Market

Highlights

  • Open Floorplan
  • Covered Deck
  • 1 Fireplace
  • Mile Creek School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of July 2023

Simply stunning farmhouse colonial with with a modern flair! This home has incredible views from each and every room of the Lieutenant River and the Ct. River and is also located on a quiet road near a beautiful wildlife sanctuary with walking trails down to the water. The main floor has an open design concept which allows you to entertain from the spacious gourmet kitchen with high-end Fisher Paykel and GE cafe appliances and a Reverse Osmosis water System. While you enjoy your guest at the huge center island that is open to the living room, pour yourself a glass a wine at the bar and take a stroll out onto the deck to enjoy some sun! This main floor also has a guest bedroom with its own full bathroom. The Primary bedroom has an ensuite that has its own amazing views, and a walk-in closet. There is also an office/den with a full bath off of the primary bedroom. The garage is heated with radiant flooring and there is a full home generator hookup as well. The neighborhood has an area where you can launch your kayak or paddle board. The town of Old Lyme allows its residence free access and parking to the town beaches for your added enjoyment. Nothing left to do but move right in!

Last Listed By

Laura Cariati

Coldwell Banker Realty License #RES.0816816 Listed on: 04/24/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,593

Year Built

  • Built in 2021

Lot Details

  • 0.5 Acre Lot
  • Sprinkler System
  • Property is zoned R10

Home Design

  • Contemporary Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vertical Siding

Interior Spaces

  • 2,042 Sq Ft Home
  • Open Floorplan
  • Sound System
  • 1 Fireplace
  • Awning
  • Entrance Foyer

Kitchen

  • Gas Oven or Range
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Parking Deck
  • Automatic Garage Door Opener

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Radiant Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Private Water Source
  • Private Company Owned Well
  • Fuel Tank Located in Ground
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1552887

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,593

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Contemporary, Farm House
  • Sq Ft Est Heated Above Grade: 2042
  • Total Sq Ft: 2042
  • Year Built: 2021
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Library, Park, Private Rec Facilities, Shopping/Mall
  • Association Amenities: None
  • Remarks Public Addendum: Please see attached field card from the Old Lyme Town Hall assessors office which has the correct updated sq. footage.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3866
  • Directions: Shore Rd, right onto Frontage, left onto Caulkins and right onto Joel Dr. GPS Friendly as well.
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 2042
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Heated, Garage Access
  • Interior Amenities: Audio System, Auto Garage Door Opener, Cable - Available, Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Cooktop, Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 4
  • Other SqFt Description: Updated field card attached

Exterior Features

  • Exterior Features: Awnings, Covered Deck, Deck, Lighting, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Vertical Siding, Other
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River Beach Rights View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Total Parking Spaces: 6
  • Garage And Parking: Under House Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air, Radiant, No Heat
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Domestic
  • Water Source: Private Water System, Private Well
  • Sewer: Septic

Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.5
  • Lot Description: On Cul-De-Sac Some Wetlands Secluded Water View Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R10
  • Parcel #: 1552887

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7593
  • Total Assessed Value: 323100
  • Mil Rate Total: 23.5

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Sullivan Ft
Bought by
Sullivan Ellen M
Total Days on Market
67
Current Estimated Value
$609,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$290,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$392,907

Purchase Details

Closed on
Apr 6, 2015
Sold by
Sullivan John L and Sullivan Barbara C
Bought by
Sullivan Ft and Sullivan Barbara C

Range of Values:

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Average Value
Not Available
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
Sullivan Ellen M $425,000 None Available
Sullivan Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Ellen M $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,150,000 -9.8% $563 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $1,275,000 +962.5% $624 / Sq Ft
10/07/2020 10/07/20 Sold $120,000 -7.0% $84 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $129,000 -13.4% $91 / Sq Ft
07/21/2020 07/21/20 Price Changed $149,000 -6.3% $105 / Sq Ft
07/02/2020 07/02/20 Price Changed $159,000 -11.6% $112 / Sq Ft
04/16/2020 04/16/20 Price Changed $179,900 -10.0% $126 / Sq Ft
02/03/2020 02/03/20 For Sale $199,900 +110.4% $140 / Sq Ft
04/11/2018 04/11/18 Sold $95,000 -13.2% $67 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $109,500 +21.7% $77 / Sq Ft
09/17/2015 09/17/15 Sold $90,000 0.0% $129 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $90,000 +50.0% $129 / Sq Ft
05/23/2014 05/23/14 Sold $60,000 -49.6% $86 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $119,000 -- $170 / 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 $6,747 $276,500 $186,600 $89,900
2023 $6,498 $276,500 $186,600 $89,900
2022 $6,498 $276,500 $186,600 $89,900
2021 $6,442 $276,500 $186,600 $89,900
2020 $6,415 $276,500 $186,600 $89,900
2019 $6,972 $311,100 $231,000 $80,100
2018 $6,816 $311,100 $231,000 $80,100
2017 $6,766 $311,100 $231,000 $80,100
2016 $6,595 $311,100 $231,000 $80,100
2015 $6,415 $311,100 $231,000 $80,100
2014 $5,776 $293,800 $206,200 $87,600
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170565336

SmartMLS

APN: OLYM-000090-000000-000003