NOT LISTED FOR SALE

40 Mayfield Terrace East Lyme, CT 06333

Estimated Value: $711,000 - $816,000

4 Beds
2.5 Baths
2,934 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $450,000 $153 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,112/month

55 Days on Market

Highlights

  • 3.11 Acre Lot
  • Open Floorplan
  • Secluded Lot
  • East Lyme Middle School Rated A-
  • Colonial Architecture
  • Attic

About This Home

As of November 2017

Room for All in this Large 4bed/ 2.5bath traditional colonial with beautiful wrap around porch and 2 story open entry! Pristine granite kitchen opens to the bright & sunny family room with fireplace. Atrium doors lead out to the inviting back porch, patio, and generous yard -perfect for seasonal entertaining. Master suite with walk in closet, and hardwood floors throughout! Private, wooded 3.11 acre lot tucked away in a desirable Flanders subdivision with easy access to schools and shopping!

Last Agent to Sell the Property

Jana Fritz

Compass Connecticut, LLC License #RES.0759769 Listed on: 08/22/2017

Compass Connecticut, LLC

Last Buyer's Agent

Jana Fritz

Compass Connecticut, LLC License #RES.0759769 Listed on: 08/22/2017

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,601

Year Built

  • Built in 2002

Lot Details

  • 3.11 Acre Lot
  • Secluded Lot
  • Cleared Lot
  • Many Trees
  • Garden
  • Property is zoned R40

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,934 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Mud Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Outdoor Features

  • Patio
  • Wrap Around Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Flanders Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,601

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2934
  • Public Record Living Room Sq Ft: 2934
  • Total Sq Ft: 2934
  • Year Built: 2002
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Pool, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6268
  • Directions: Chesterfield Road to Mayfield Terrace to #40.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Floored, Storage Space
  • Basement Description: Full With Hatchway, Partially Finished, Interior Access, Garage Access, Storage
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room
  • Laundry Room Location: 2nd floor
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Garden Area, Patio, Porch-Wrap Around
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Shared, Paved, Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Flanders
  • Middle School: East Lyme
  • High School: East Lyme

Lot Info

  • Acres: 3.1100
  • Lot Description: Rear Lot, In Subdivision, Cleared, Secluded, Treed
  • Zoning: R40

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7601
  • Total Assessed Value: 290570
  • Mil Rate Base: 26.160
  • Mil Rate Total: 26.160
  • Assessor Parcel Number: 1471884

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Nov 15, 2017
Sold by
Abbey Zacharias
Bought by
Levine Erica and Levine Rachel
Seller's Agent
Jana Fritz
Compass Connecticut, LLC
Buyer's Agent
Jana Fritz
Compass Connecticut, LLC
List Price
$464,900
Sold Price
$450,000
Premium/Discount to List
-$14,900
-3.2%
Total Days on Market
55
Current Estimated Value
$755,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,311
Avg. Annual Appreciation
7.46%
Original Mortgage
$360,000
Outstanding Balance
$307,215
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$467,132

Purchase Details

Closed on
Feb 22, 2000
Sold by
Gregory Charles S
Bought by
Abbey Zacharias B and Abbey Karen A

Purchase Details

Closed on
Jul 14, 1992
Sold by
First Constitution Bk
Bought by
Gregory Charles
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 Buyer Sale Price Title Company
Levine Erica $450,000 --
Abbey Zacharias B $80,000 --
Gregory Charles $24,720 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Charles $360,000
Previous Owner Gregory Charles $80,000
Previous Owner Gregory Charles $74,000
Previous Owner Gregory Charles $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $450,000 -3.2% $153 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $464,900 -- $158 / 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 $10,617 $402,920 $108,990 $293,930
2023 $10,025 $402,920 $108,990 $293,930
2022 $9,606 $402,920 $108,990 $293,930
2021 $9,206 $322,910 $103,530 $219,380
2020 $9,158 $322,910 $103,530 $219,380
2019 $9,103 $322,910 $103,530 $219,380
2018 $7,947 $290,570 $103,530 $187,040
2017 $7,601 $290,570 $103,530 $187,040
2016 $7,344 $289,590 $98,070 $191,520
2015 $7,156 $289,590 $98,070 $191,520
2014 $6,959 $289,590 $98,070 $191,520
Source: Public Records

Agents Affiliated with this Home

  • Jana Fritz

    Seller's Agent in 2017

    Jana Fritz

    Compass Connecticut, LLC

    (860) 625-1748

    17 in this area

    36 Total Sales

    Jana Fritz
    Section Image
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Map

Source: SmartMLS

MLS Number: 170005044

SmartMLS

APN: ELYM-004002-000053

Connecticut New London County East Lyme 06333

40 Mayfield Terrace, East Lyme, CT

This home is located at 40 Mayfield Terrace, East Lyme, CT 06333 since 22 August 2017 and is currently estimated at $755,311, approximately $257 per square foot. This property was built in 2002. 40 Mayfield Terrace is a home located in New London County with nearby schools including East Lyme Middle School, East Lyme High School, and Carelot Children's Center - East Lyme.

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