NOT LISTED FOR SALE

401 Joshuatown Rd Old Lyme, CT 06371

Estimated Value: $1,668,000 - $2,199,000

3 Beds
2.5 Baths
3,869 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $1,850,000 $478 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,386/month

137 Days on Market

Highlights

  • Barn
  • Sub-Zero Refrigerator
  • Open Floorplan
  • Lyme Consolidated School Rated A-
  • 17.1 Acre Lot
  • Secluded Lot

About This Home

As of February 2023

Cedar shingled Nantucket style home located in bucolic Lyme, CT on a quiet winding country road. Sited on a hilltop looking out over the CT River Valley, on 17 private acres with beautiful views and breathtaking sunsets. A tranquil retreat with great privacy that is bounded on 3 sides by 300 acres of land trust and Nature Conservancy preserves with stone walls, dramatic granite out-croppings, and an open meadow. Meticulously maintained, architecturally designed & custom built using superior materials and craftsmanship throughout. The open kitchen, family room & dining room with a huge stone fireplace is the heart of this home. This great room is filled with natural light from a wall of windows with French doors that open to a stone terrace with spectacular views of the CT hills that is the perfect spot for outside dining & enjoying the ever-changing sunsets. A handsome library with a stone fireplace and two separate offices, is ideal for today's lifestyle. One floor living with the primary suite, spacious bath, dual walk-in closets & a private arbor covered patio. An exercise room, large laundry, & half bath are just off the 2 car attached garage. On the second floor are 2 spacious guest bedrooms, a full bath & plenty of unfinished space for future expansion. The barn/workshop adds ample storage & desirable workspace, as well a third garage bay. Lyme, CT is best known for boating, many coves on the CT River, rolling hills, preserved forests, & miles of hiking trails.

Last Agent to Sell the Property

Jodi Strycharz

William Pitt Sotheby's Int'l License #RES.0767047 Listed on: 08/12/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Pam Johnstone

PJ Residential, PLLC License #REB.0792340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,251

Year Built

  • Built in 2001

Lot Details

  • 17.1 Acre Lot
  • Stone Wall
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Many Trees
  • Garden
  • Property is zoned RU120

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding
  • Radon Mitigation System

Interior Spaces

  • 3,869 Sq Ft Home
  • Open Floorplan
  • 2 Fireplaces
  • French Doors
  • Entrance Foyer
  • Workshop
  • Home Gym
  • Attic Floors

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Farming

  • Barn

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil
  • Power Generator
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,251

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Joshuatown
  • Property Type: Single Family For Sale
  • Sq Ft Est Heated Above Grade: 3869
  • Public Record Living Room Sq Ft: 3869
  • Total Sq Ft: 3869
  • Year Built: 2001
  • Nearby Amenities: Lake, Library
  • Remarks Public Addendum: Of the 17.1 acres 3.5 are covered by a conservation easement held by the Lyme Land Trust.
  • Direct Waterfront: No
  • Encumbrances Restrictions: Conservation Restrictions, Deed Restrictions, Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Public Record Gross Sq Ft: 10216
  • Directions: GPS friendly. Hamburg Road to Joshuatown or Ferry Road to Joshuatown.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Floored
  • Basement Description: Partial, Crawl Space
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Subzero, Dishwasher, Washer, Dryer
  • Additional Rooms: Exercise Room, Foyer, Laundry Room, Workshop
  • Laundry Room Location: Just off the garage on Main level.
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 401

Exterior Features

  • Exterior Features: French Doors, Garden Area, Lighting, Patio, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage, Barn
  • Garages Number: 3
  • Driveway Type: Private, Circular, Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Generator

Lot Info

  • Acres: 17.1000
  • Lot Description: Dry, Secluded, Rolling, Treed, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU120

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 13251
  • Total Assessed Value: 664211
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 2327312

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Feb 22, 2023
Sold by
Humphrey S Tyler Rt 1 15
Bought by
Hatton Charles S and Clapp Susan K
Seller's Agent
Jodi Strycharz
William Pitt Sotheby's Int'l
Buyer's Agent
Pam Johnstone
PJ Residential, PLLC
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Total Days on Market
137
Views
70
Current Estimated Value
$1,978,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,694
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Aug 21, 2008
Sold by
Culver Anne
Bought by
Platner Beverly

Purchase Details

Closed on
Aug 15, 2008
Sold by
Velez Mark and Velez Roberta
Bought by
Tyler Humphrey and Tyler Susan
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
Hatton Charles S $1,850,000 None Available
Platner Beverly $180,000 --
Platner Beverly $310,000 --
Tyler Humphrey $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humphrey S & S S Tyler Rt $750,000
Previous Owner Velez Mark $863,000
Previous Owner Velez Mark $417,000
Previous Owner Velez Mark $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $1,850,000 -7.3% $478 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
10/13/2022 10/13/22 Price Changed $1,995,000 +5.3% $516 / Sq Ft
10/13/2022 10/13/22 Price Changed $1,895,000 -5.0% $490 / Sq Ft
08/20/2022 08/20/22 For Sale $1,995,000 -- $516 / 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 $15,973 $1,101,618 $220,918 $880,700
2023 $12,952 $664,211 $126,211 $538,000
2022 $13,251 $664,211 $126,211 $538,000
2021 $13,251 $664,211 $126,211 $538,000
2020 $13,251 $664,211 $126,211 $538,000
2019 $13,251 $664,211 $126,211 $538,000
2018 $13,905 $747,606 $167,306 $580,300
2017 $13,644 $747,606 $167,306 $580,300
2016 $13,644 $747,606 $167,306 $580,300
2015 $13,270 $747,606 $167,306 $580,300
2014 $12,709 $747,606 $167,306 $580,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170514682

SmartMLS

APN: LYME-000007-000000-000028-000002