NOT LISTED FOR SALE

41 Breen Ave Old Lyme, CT 06371

Estimated Value: $640,000 - $863,000

3 Beds
1.5 Baths
1,123 Sq Ft
$633/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $415,000 $370 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,282/month

36 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 1 Fireplace
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Gazebo

About This Home

As of May 2019

It's time to make your summer home dreams come true! An extensive renovation/rebuild in 1996 makes this home livable almost all year round. Located just 10 homes from one of Old Lyme's finest beaches! With propane heat and central air conditioning can truly extend the season! The first floor is an open plan with and island kitchen and a generous eat in area. New England knotty pine and a propane gas fireplace evoke a timeless seaside feel. Watch the beach goers from the fantastic front porch - terrific extra space for relaxing. Completing the first floor is a large laundry and full bath and large walk in pantry area. Upstairs are three generous bedrooms with high ceilings with a full bath. Outside there is a great granite-topped bar and entertaining area and patio. There is plenty of storage in the attached shed and the basement accessed through the exterior bulkhead. In addition to great storage, this 4 foot concrete crawl space houses all of your mechanicals. New roof in 2017! This is a terrific property at Old Colony Beach, one of Old Lyme's terrific white sand beaches! This home is NOT in a flood zone. Coastal zone X. Truly turn key, beautifully updated and maintained and filled with happy memories. Make your plans for summer, now!

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 03/27/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,605

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Open Lot
  • Property is zoned R10

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Concrete Flooring
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway
  • Sump Pump
  • Crawl Space
  • Basement Storage

Parking

  • Tandem Garage
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Enclosed Patio or Porch
  • Gazebo
  • Shed

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Bottled Gas Heating
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include lake/beach access, security service, road maintenance, insurance
  • Property managed by Old Colony Beach Assn

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,605

Year Built

Built in 1940

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1123
  • Public Record Living Room Sq Ft: 1123
  • Total Sq Ft: 1123
  • Year Built: 1940
  • Remarks Public Addendum: Old Colony Beach Association Taxes are $683.00 annually
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2060
  • Directions: 95 north, exit 70, turn righ on Shore Road and head to the beach. 3 miles turn right on Breen. Gated Memorial Day to Labor Day and must use main gate during that time.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full, Crawl Space, Concrete Floor, Hatchway Access, Storage, Sump Pump
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Attic: No

Exterior Features

  • Exterior Features: Awnings, Gazebo, Patio, Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Tandem, Off Street Parking

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Bottle Gas, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Security Service, Road Maintenance, Insurance
  • HOA Fees: 683
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Mgt Company Name: Old Colony Beach Assn

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.1100
  • Lot Description: Open Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R10

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4605
  • Mil Rate Base: 21.910
  • Assessor Parcel Number: 1555117

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 17, 2019
Sold by
Dickstein Children T
Bought by
Anita M Russo T
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Current Estimated Value
$710,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,694
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Mar 10, 2016
Sold by
Dickstein Shirley
Bought by
Dickstein Brian J

Purchase Details

Closed on
Jul 10, 2007
Sold by
Julian Daniel
Bought by
Dickstein Howard and Dickstein Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.39%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Lovley Mark
Bought by
Julian Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Anita M Russo T $415,000 --
Dickstein Children T -- --
Dickstein Brian J -- --
Dickstein Howard $575,000 --
Julian Daniel $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Julian Daniel $300,000
Previous Owner Julian Daniel $106,175
Previous Owner Julian Daniel $67,075
Previous Owner Julian Daniel $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $415,000 -3.3% $370 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $429,000 -- $382 / 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 $6,542 $403,100 $238,000 $165,100
2024 $5,622 $230,400 $136,400 $94,000
2023 $5,414 $230,400 $136,400 $94,000
2022 $5,414 $230,400 $136,400 $94,000
2021 $5,368 $230,400 $136,400 $94,000
2020 $5,345 $230,400 $136,400 $94,000
2019 $4,711 $210,200 $121,200 $89,000
2018 $4,605 $210,200 $121,200 $89,000
2017 $4,572 $210,200 $121,200 $89,000
2016 $4,456 $210,200 $121,200 $89,000
2015 $4,334 $210,200 $121,200 $89,000
2014 $5,324 $270,800 $182,800 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170177895

SmartMLS

APN: OLYM-000080-000000-000089