Seller's Agent in 2019
Michael Barnes
Silver and Oak Realty
(860) 372-4666
3 Total Sales
47 Seaside Ln Old Lyme, CT 06371
Estimated Value: $1,002,000 - $1,163,058
4
Beds
1.5
Baths
1,345
Sq Ft
$825/Sq Ft
Est. Value
Highlights
- Beach Front
- Open Floorplan
- Deck
- Mile Creek School Rated A
- Clubhouse
- 1 Fireplace
About This Home
As of July 2019Welcome To "The Summer Dream" Ocean Front Beach House! You have arrived at an opportunity of a lifetime! This Enchanting Ocean Front Beach House has everything you need. A rare find, this property will take your breath away with its magnificent views of Long Island Sound, Saybrook Point Lighthouse & Beyond! It's exclusively owned private sandy beach is just what you need to make memories for a lifetime while enjoying your private space. Enjoy the sights, sounds, breezes & fresh ocean air while beautiful waves crash in the background. This beach home boasts 4 bedrooms & 1.5 baths with updated kitchen & bath. With its open floor plan & big windows you get to feel & see the ocean from every room in the house. The perfectly suited Boat House gives you the extra space you need for all things beach & boat related. (Also serves as an extra bunk house for overflowing newly discovered family members!) Enjoy the ability of having your own private boat mooring with no size limitations directly outside your amazing beach home. Located at the end of a private road sits this spectacular property with tons of area for parking for you and all your guests! Property is over 300 feet deep & may allow for possible year around conversion with proper permits. This is one of only very few properties in town that owns the actual sand and beach in front of the house up to the high tide line. Excellent income producing rental history.
"When Opportunity Knocks You Take It" Amazing @$639,000.00
Last Agent to Sell the Property
Silver and Oak Realty License #RES.0806057 Listed on: 06/11/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,574
Year Built
- Built in 1926
Lot Details
- 9,583 Sq Ft Lot
- Beach Front
- Open Lot
- Property is zoned R10
Home Design
- Cottage
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,345 Sq Ft Home
- Open Floorplan
- 1 Fireplace
- Electric Cooktop
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 2 Car Detached Garage
- Parking Deck
- Private Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Flood Zone Lot
- Property is near a golf course
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme High School
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
Recreation
- Community Basketball Court
- Bocce Ball Court
Additional Features
- No Home Owners Association
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 2, 2004
Sold by
Newton John and Paul Mary Ellen
Bought by
Barakos Paula and Barakos Peter
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.62%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barakos Paula | $610,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barakos Paula | $277,000 | |
| Closed | Barakos Paula | $333,700 | |
| Previous Owner | Barakos Paula | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2019 07/10/19 | Sold | $632,000 | -1.1% | $470 / Sq Ft |
| 07/08/2019 07/08/19 | Pending | -- | -- | -- |
| 06/11/2019 06/11/19 | For Sale | $639,000 | -- | $475 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $13,166 | $811,200 | $609,700 | $201,500 |
| 2024 | $10,472 | $429,200 | $315,500 | $113,700 |
| 2023 | $10,086 | $429,200 | $315,500 | $113,700 |
| 2022 | $10,112 | $430,300 | $315,500 | $114,800 |
| 2021 | $10,026 | $430,300 | $315,500 | $114,800 |
| 2020 | $9,983 | $430,300 | $315,500 | $114,800 |
| 2019 | $11,196 | $499,600 | $390,600 | $109,000 |
| 2018 | $10,946 | $499,600 | $390,600 | $109,000 |
| 2017 | $10,866 | $499,600 | $390,600 | $109,000 |
| 2016 | $10,592 | $499,600 | $390,600 | $109,000 |
| 2015 | $10,302 | $499,600 | $390,600 | $109,000 |
| 2014 | $10,434 | $530,700 | $413,100 | $117,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Barnes
-
Lauren Mazzoli
Buyer's Agent in 2019
Lauren Mazzoli
Chestnut Oak Associates
(860) 808-6710
3 in this area
83 Total Sales
Map
Source: SmartMLS
MLS Number: 170205343
APN: OLYM-000093-000000-000139
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