NOT LISTED FOR SALE

41 Sea Spray Rd Old Lyme, CT 06371

Estimated Value: $571,742 - $614,000

4 Beds
1.5 Baths
1,188 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $500,000 $421 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,828/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • 1 Fireplace
  • Mile Creek School Rated A

About This Home

As of November 2023

Rarely available home located within the “Old Lyme Shores” beach association and just steps from the water. This home features many original details throughout. The first floor includes a light filled front porch, living room complete with wood burning fireplace, formal dining room and kitchen with washer/dryer along with a powder room. To the rear of the home is a large deck that could be great for entertaining. The second level includes 4 bedrooms and 1 full bathroom. Come make this your dream home today!! Property is currently zoned seasonal.

Last Agent to Sell the Property

John Lepore

Berkshire Hathaway NE Prop. License #RES.0398348 Listed on: 10/18/2023

Berkshire Hathaway NE Prop.

Co-Listed By

Kevin Eagan

Berkshire Hathaway NE Prop. License #RES.0796015

Last Buyer's Agent

Jeff Bodeau

William Raveis Real Estate License #RES.0783421

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned r-10

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • 1 Fireplace
  • Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well

Listing and Financial Details

  • Assessor Parcel Number 1555198

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,075

Year Built

Built in 1940

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Neighborhood: Old Lyme Shores
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1188
  • Total Sq Ft: 1188
  • Year Built: 1940
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1716
  • Directions: GPS
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1188
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: None
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Attic: Yes
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: None
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required Beach Rights
  • Swimming Pool: No
  • Construction Description: Other

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Other
  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 600
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.09
  • Lot Description: N/A
  • Zoning: r-10
  • Parcel #: 1555198

Tax Info

  • Property Tax: 6075
  • Total Assessed Value: 258500
  • Mil Rate Total: 23.5

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 9, 2023
Sold by
Dowling John G
Bought by
Vallera Domenico
Seller's Agent
John Lepore
Berkshire Hathaway NE Prop.
Buyer's Agent
Jeff Bodeau
William Raveis Real Estate
List Price
$574,900
Sold Price
$500,000
Premium/Discount to List
-$74,900
-13.03%
Views
52
Current Estimated Value
$596,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,186
Avg. Annual Appreciation
11.89%
Source: Public Records

Range of Values:

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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
Vallera Domenico $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallera Domenico $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $500,000 -13.0% $421 / Sq Ft
10/18/2023 10/18/23 For Sale $574,900 -- $484 / 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 $7,214 $444,500 $262,600 $181,900
2024 $6,307 $258,500 $172,600 $85,900
2023 $6,075 $258,500 $172,600 $85,900
2022 $6,075 $258,500 $172,600 $85,900
2021 $6,023 $258,500 $172,600 $85,900
2020 $5,997 $258,500 $172,600 $85,900
2019 $4,796 $214,000 $132,700 $81,300
2018 $4,689 $214,000 $132,700 $81,300
2017 $4,655 $214,000 $132,700 $81,300
2016 $4,537 $214,000 $132,700 $81,300
2015 $4,413 $214,000 $132,700 $81,300
2014 $5,336 $271,400 $191,300 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170605192

SmartMLS

APN: OLYM-000080-000000-000166