NOT LISTED FOR SALE

40 Ferry Rd Old Lyme, CT 06371

25 Acres
-- Price per Acre
1,089,000 Sq Ft Lot

Last Sold May 28, 2015

Last sale price $350,000 $53 Per Sq Ft

52 Days on Market

Highlights

  • Horse Property
  • 25 Acre Lot
  • Partially Wooded Lot
  • Lyme Consolidated School Rated A-
  • Farm
  • No HOA

About This Lot

As of May 2015

Beautiful 25 acres near the Hadlyme Four Corners. Rolling and lightly wooded. Possible subdivision.

Last Agent to Sell the Property

Linda Hicks

William Pitt Sotheby's Int'l License #RES.0309367 Listed on: 01/02/2015

William Pitt Sotheby's Int'l

Last Buyer's Agent

Jane Pfeffer

William Pitt Sotheby's Int'l License #RES.0756906

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,681

Lot Details

  • 25 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Partially Wooded Lot

Schools

  • Lyme Consolidated Elementary School
  • Lyme - Old Lyme High School

Farming

  • Farm

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$3,681

Lot Details

0

Listing Details

  • Neighborhood: Hadlyme
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Architect Review
  • Directions: Hadlyme Four Corners West on Ferry Road sign on left
  • Special Features: None

Exterior Features

  • Road Frontage Description: Paved Road, State Road

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 25.0000
  • Lot Description: Farm Land, Level Lot, Lightly Wooded, May be Subdividable, Rolling
  • Development Status: Raw Land
  • Elevation Certificate: No
  • Flood Zone: No
  • Lot Improvements: Barn(S), Shed
  • Potential Land Uses: Horse, Recreational, Single Family
  • Subdividable Ynu: Yes
  • Zoning: Residential
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 3681
  • Assessor Parcel Number: 1520992

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme - Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Schwartz James P and Schwartz Sarah G
Bought by
Lent Edward A and Seitz Scott

Purchase Details

Closed on
Jan 21, 2000
Sold by
Solin Darrol B
Bought by
Erwin Tr Montgomery and Erwin Tr Lesley B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lent Edward A $2,695,000 --
Lent Edward A $2,695,000 --
Erwin Tr Montgomery $1,275,000 --
Erwin Tr Montgomery $1,275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $350,000 -11.4% $53 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $395,000 -- $60 / 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 $504 $34,738 $7,038 $27,700
2024 $504 $34,738 $7,038 $27,700
2023 $439 $22,531 $4,331 $18,200
2022 $449 $22,531 $4,331 $18,200
2021 $449 $22,531 $4,331 $18,200
2020 $449 $22,531 $4,331 $18,200
2019 $449 $22,531 $4,331 $18,200
2018 $382 $20,546 $2,346 $18,200
2017 $324 $17,746 $2,346 $15,400
2016 $3,966 $217,300 $205,100 $12,200
2015 $3,843 $216,500 $204,300 $12,200
2014 $3,681 $216,500 $204,300 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10011794

SmartMLS

APN: LYME-000008-000000-000071