4 Lieutenant River Ln Old Lyme, CT 06371
Estimated Value: $864,000 - $1,295,000
5
Beds
5
Baths
4,945
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Guest House
- River Front
- 1.44 Acre Lot
- Mile Creek School Rated A
- Sub-Zero Refrigerator
- 5-minute walk to DEEP Marine Headquarters - Ferry Landing Park
About This Home
As of September 2023This fabulous waterfront estate ,'Westwind',on the banks of the Lieutenant River is ideally located. It's completely private on more than an acre just one block from the center of the charming Village of Old Lyme. This Neoclassic Revival has a gallery of French doors on each side of the house. The grandeur of the staircase and foyer remind you of a bygone era with hand hewn beams, curved walls and other architectural details that will delight. There are four fireplaces and the floors are wide plank Maple throughout. Two enclosed 3-season porches give you lovely views of the Lieutenant River. One sits off the elegant living room, the second off the master bedroom suite. This antique has been lovingly preserved with an added bonus; a large eat-in kitchen complete with a family room, pantry and back staircase. The breathtaking landscape helps make this the ideal private retreat.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0798526 Listed on: 03/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,778
Year Built
- Built in 1925
Lot Details
- 1.44 Acre Lot
- River Front
- Lot Has A Rolling Slope
- Fruit Trees
- Garden
- Property is zoned RU-15
Home Design
- Antique Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 4,945 Sq Ft Home
- 4 Fireplaces
- Screened Porch
- Concrete Flooring
- Water Views
Kitchen
- Built-In Oven
- Microwave
- Sub-Zero Refrigerator
- Dishwasher
- Smart Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Attic
- Walkup Attic
- Finished Attic
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
- Home Security System
- Smart Lights or Controls
- Storm Windows
Parking
- 2 Parking Spaces
- Circular Driveway
- Shared Driveway
Eco-Friendly Details
- Energy-Efficient Lighting
- Energy-Efficient Insulation
Additional Homes
- Guest House
- Separate Entry Quarters
Location
- Property is near a golf course
Schools
- Lyme-Old Lyme High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Aug 15, 2023
Sold by
Johnston Sherry L and Johnston Thomas H
Bought by
Feola David C and Feola Michelle M
Seller's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
Buyer's Agent
Karen Conniff
William Pitt Sotheby's Int'l
List Price
$2,500,000
Sold Price
$2,100,000
Premium/Discount to List
-$400,000
-16%
Views
519
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
-$1,037,966
Avg. Annual Appreciation
-32.06%
Purchase Details
Closed on
Jun 3, 2005
Sold by
Stony Brook Capital Co
Bought by
Johnston Thomas and Johnston Sherry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 2003
Sold by
Captain Dolbeare Inc
Bought by
Klewin Charles R and Klewin Annette
Purchase Details
Closed on
Nov 27, 1996
Sold by
Wales Sarah G Est and Wales
Bought by
Captain Dolbeare Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Old Lyme, CT
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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 |
|---|---|---|---|
| Feola David C | $989,000 | None Available | |
| Johnston Thomas | $600,000 | -- | |
| Klewin Charles R | $400,000 | -- | |
| Captain Dolbeare Inc | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Captain Dolbeare Inc | $2,000,000 | |
| Previous Owner | Captain Dolbeare Inc | $1,000,000 | |
| Previous Owner | Captain Dolbeare Inc | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $2,100,000 | -10.6% | $425 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | Price Changed | $2,350,000 | -6.0% | $475 / Sq Ft |
| 03/03/2023 03/03/23 | For Sale | $2,500,000 | -- | $506 / 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 |
|---|---|---|---|---|
| 2024 | $8,989 | $368,400 | $145,800 | $222,600 |
| 2023 | $8,657 | $368,400 | $145,800 | $222,600 |
| 2022 | $8,657 | $368,400 | $145,800 | $222,600 |
| 2021 | $8,584 | $368,400 | $145,800 | $222,600 |
| 2020 | $8,547 | $368,400 | $145,800 | $222,600 |
| 2019 | $9,625 | $429,500 | $218,500 | $211,000 |
| 2018 | $9,410 | $429,500 | $218,500 | $211,000 |
| 2017 | $9,342 | $429,500 | $218,500 | $211,000 |
| 2016 | $9,105 | $429,500 | $218,500 | $211,000 |
| 2015 | $8,856 | $429,500 | $218,500 | $211,000 |
| 2014 | $7,990 | $406,400 | $200,300 | $206,100 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Peckinpaugh
Seller's Agent in 2023
Janet Peckinpaugh
William Pitt
(860) 985-3659
5 in this area
52 Total Sales
-
Karen Conniff
Buyer's Agent in 2023
Karen Conniff
William Pitt
(860) 633-8026
3 in this area
15 Total Sales
Map
Source: SmartMLS
MLS Number: 170553749
APN: OLYM-000055-000000-000004-000001
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