NOT LISTED FOR SALE

46 Four Mile River Rd Old Lyme, CT 06371

Estimated Value: $376,000 - $435,445

2 Beds
2 Baths
1,007 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $271,000 $269 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,433/month

6 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Storm Windows
  • Mile Creek School Rated A
  • No HOA
  • Patio

About This Home

As of August 2020

Everything has been done to make this a perfect home for easy living. The open floor plan flows beautifully. The living room, with built-in wall unit, opens to the dining room and kitchen. There is hardwood flooring throughout the house. The master bedroom, full bath with shower stall, and laundry are conveniently located on the first floor. The master bedroom has cathedral ceilings with skylight, ceiling fan, and cedar closet. French doors lead out to the outside patio area creating a peaceful space. The second floor has an additional bedroom with hardwood flooring, sky light, and full bath. Central air and economical gas heat, along with being well insulated makes this a very affordable home.
The barn has incredible garage, workshop and storage space. It is capable of being used for a variety of reasons, with great lighting and electrical panel to handle workshop tools and a full second story for additional storage or workspace. The backyard area has patio area and privacy, due to bordering open space. Beautifully landscaped with stonewalls and perennial gardens. Great location with easy access to the highway,shopping, restaurants and only one exit away from Rocky Neck State Park for long walks on the beach, or 2 exits away from Old Saybrook’s train station and easy commute to New York or Boston area.

Last Agent to Sell the Property

Joan Strickland

Joan Strickland Real Estate of License #REB.0789245 Listed on: 06/27/2020

Last Buyer's Agent

Meg Farmer

Coldwell Banker Choice Properties License #RES.0805312

Coldwell Banker Choice Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Property is zoned R40

Home Design

  • 1,007 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Shingle Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Garage
  • Gravel Driveway

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater

Additional Features

  • Gas Range
  • Energy-Efficient Insulation
  • Patio
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,907

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1007
  • Total Sq Ft: 1007
  • Year Built: 1945
  • Remarks Public Addendum: Please for all showings wear masks.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Take I-95 to exit 71, go left heading south on Four Mile River Road, house is on the right hand side, approximately .25 mile from exit.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Partial With Hatchway, Crawl Space
  • Appliances: Gas Range, Refrigerator, Washer, Electric Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 46

Exterior Features

  • Exterior Features: Barn, Patio
  • Exterior Siding: Shingle, Clapboard
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Barn
  • Garages Number: 1
  • Driveway Type: Gravel

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Extra Insulation, Storm Windows

Lot Info

  • Acres: 0.2000
  • Lot Description: Level Lot, Fence - Stone, Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2907
  • Total Assessed Value: 145400
  • Mil Rate Total: 22.410
  • Assessor Parcel Number: 999999999

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
Jun 27, 2020
Closed on
Aug 12, 2020
Sold by
Fernandes Richard A
Bought by
Murphy Erin E
Seller's Agent
Joan Strickland
Joan Strickland Real Estate of
Buyer's Agent
Meg Farmer
Coldwell Banker Choice Properties
List Price
$279,000
Sold Price
$271,000
Premium/Discount to List
-$8,000
-2.87%
Current Estimated Value
$406,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,111
Avg. Annual Appreciation
9.59%
Original Mortgage
$262,870
Outstanding Balance
$234,231
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,377

Purchase Details

Listed on
Sep 17, 2018
Closed on
Apr 24, 2019
Sold by
Clingman Roderick H
Bought by
Fernandes Richard A
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Joan Strickland
Joan Strickland Real Estate of
List Price
$272,500
Sold Price
$240,000
Premium/Discount to List
-$32,500
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$192,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Dalton Sandra J
Bought by
Clingman Roderick H

Purchase Details

Closed on
Jun 23, 1999
Sold by
Dunn Steven T and Dunn Marabeth E
Bought by
Dalton Sandra J

Purchase Details

Closed on
Aug 7, 1990
Sold by
Four Mile River Assoc
Bought by
Dunn Steven T
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
Murphy Erin E $271,000 None Available
Fernandes Richard A $240,000 --
Clingman Roderick H $147,000 --
Dalton Sandra J $115,000 --
Dunn Steven T $119,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Erin E $262,870
Previous Owner Fernandes Richard A $192,000
Previous Owner Dunn Steven T $214,600
Previous Owner Dunn Steven T $146,000
Previous Owner Dunn Steven T $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $271,000 -2.9% $269 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $279,000 +16.3% $277 / Sq Ft
04/29/2019 04/29/19 Sold $240,000 -3.8% $238 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $249,500 -6.7% $248 / Sq Ft
10/03/2018 10/03/18 Price Changed $267,500 -1.8% $266 / Sq Ft
09/17/2018 09/17/18 For Sale $272,500 -- $271 / 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 $3,227 $198,800 $55,500 $143,300
2024 $3,548 $145,400 $57,200 $88,200
2023 $3,417 $145,400 $57,200 $88,200
2022 $3,417 $145,400 $57,200 $88,200
2021 $3,388 $145,400 $57,200 $88,200
2020 $3,373 $145,400 $57,200 $88,200
2019 $2,907 $129,700 $50,900 $78,800
2018 $2,842 $129,700 $50,900 $78,800
2017 $2,821 $129,700 $50,900 $78,800
2016 $2,750 $129,700 $50,900 $78,800
2015 $2,674 $129,700 $50,900 $78,800
2014 $3,370 $171,400 $50,900 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170310104

SmartMLS

APN: OLYM-000020-000000-000025