NOT LISTED FOR SALE

47 Cove Rd Old Lyme, CT 06371

Estimated Value: $2,169,000 - $3,410,000

5 Beds
8 Baths
4,307 Sq Ft
$682/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $1,600,000 $371 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $18,479/month

84 Days on Market

Highlights

  • River Front
  • Colonial Architecture
  • Attic
  • Lyme Consolidated School Rated A-
  • Partially Wooded Lot
  • 2 Fireplaces

About This Home

As of March 2013

Enjoy direct access to protected anchorage of hamburg cove from this gracious 4300sf shingled cape cod. New dock accomodates two boats. Spacious, open kitchen/family room with fireplace, formal living and dining plus 5 brms, 3 1/2 baths, 1st fl. Master.
Custom-built in 1990, this house enjoys expansive views of the the cove from nearly every room. Large bay windows and sliders bring the outside in, while 4 fireplaces warm the home. Hardwood and tile floors, crown moldings and nine-foot ceilings, traditional fireplace mantels speak of attention to detail. A first floor master suite includes double walk-in closets and master bath. Upstairs are four aditional bedrooms, including one with fireplace and ensuite bath, and study/office with fireplace. Newly finished exercise/game room in the lower level. A stone patio overlooks the water. Two-car detached garage.

Last Agent to Sell the Property

Judy Schaaf

Coldwell Banker Realty License #RES.0606540 Listed on: 09/04/2012

Coldwell Banker Realty

Last Buyer's Agent

Evan Griswold

Coldwell Banker Realty License #RES.0281418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,312

Year Built

  • Built in 1990

Lot Details

  • 1.46 Acre Lot
  • River Front
  • Stone Wall
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot

Home Design

  • Colonial Architecture
  • Shake Siding

Interior Spaces

  • 4,307 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Schools

  • Lyme Elementary School
  • Lyme/Old Lyme High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,312

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 4307
  • Year Built: 1990
  • Direct Waterfront: Yes
  • Directions: 156N to elys ferry to cove road. House on water side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 8.00
  • Full Bathrooms: 3
  • Half Bathrooms: 5
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Range Hood, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 47

Exterior Features

  • Exterior Features: Patio, Stone Wall
  • Exterior Siding: Shake
  • Waterfront Description: Access, Dock or Mooring, Frontage, River, View
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Attic Fan
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Lyme
  • High School: Lyme/Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.4600
  • Lot Description: Lightly Wooded, Open Lot, Sloping Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 16312
  • Total Assessed Value: 1208300
  • Assessor Parcel Number: 2327637

MLS Schools

  • Elementary School: Lyme
  • High School: Lyme/Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Mar 12, 2013
Sold by
Pickering Frederick B and Pickering Linnie L
Bought by
Shea James A
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Evan Griswold
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Current Estimated Value
$2,936,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,243
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,200,000
Outstanding Balance
$857,874
Interest Rate
3.45%
Estimated Equity
$2,122,707

Purchase Details

Closed on
May 15, 2009
Sold by
Keybank Na
Bought by
Pickering Frederick and Pickering Linnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.86%
Source: Public Records

Range of Values:

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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
Shea James A $1,600,000 --
Shea James A $1,600,000 --
Pickering Frederick $1,500,000 --
Pickering Frederick $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickering Frederick $1,200,000
Closed Pickering Frederick $1,200,000
Previous Owner Pickering Frederick $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $1,600,000 -10.9% $371 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $1,795,000 -- $417 / 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 $26,204 $1,807,200 $834,800 $972,400
2023 $25,091 $1,286,700 $596,000 $690,700
2022 $25,670 $1,286,700 $596,000 $690,700
2021 $25,670 $1,286,700 $596,000 $690,700
2020 $25,670 $1,286,700 $596,000 $690,700
2019 $25,670 $1,286,700 $596,000 $690,700
2018 $23,350 $1,255,400 $713,500 $541,900
2017 $21,360 $1,170,400 $713,500 $456,900
2016 $21,360 $1,170,400 $713,500 $456,900
2015 $20,641 $1,162,900 $713,500 $449,400
2014 $18,506 $1,088,600 $713,500 $375,100
Source: Public Records

Agents Affiliated with this Home

  • Judy Schaaf

    Seller's Agent in 2013

    Judy Schaaf

    Coldwell Banker Realty

    (860) 227-3688

    14 in this area

    23 Total Sales

    Judy Schaaf
    Section Image
  • Evan Griswold

    Buyer's Agent in 2013

    Evan Griswold

    Coldwell Banker Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: M9136654

SmartMLS

APN: LYME-000026-000000-000031

Connecticut New London County Old Lyme 06371

47 Cove Rd, Old Lyme, CT

This home is located at 47 Cove Rd, Old Lyme, CT 06371 since 04 September 2012 and is currently estimated at $2,936,243, approximately $681 per square foot. This property was built in 1990. 47 Cove Rd is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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