$250,000
SOLD JUL 19, 2019

497 Joshuatown Rd Old Lyme, CT 06371

3 Beds
2.5 Baths
1,922 Sq Ft
0.39 Acres

Recently Sold

$130 Per Sq Ft

24% Below List Price

204 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • 1 Fireplace
  • Lyme Consolidated School Rated A-
  • Attic
  • No HOA

About This Home

As of March 2024

Quintessential New England Farmhouse on small lot with views of pastures with stone walls and a sweet patio with perennial gardens. Well maintained yet features the vintage charm of an 1890's farmhouse. The living room features wood floors, a wood burning fireplace and an entrance to a covered porch worthy of a good book and a cup of tea. A ample 1st floor master bedroom with ensuite bath is privately set off the living room wing and has its own door to the patio for late night glances of the stars. The eat in kitchen has a breakfast bar and casual dining area. The back door off the patio enters the mudroom with laundry area and full bath. The formal dining is bright and just off the entrance foyer. A charming flight of stenciled stairs takes you up to 2 bedrooms and a 1/2 bath. At .39 acres there is room to garden and putter in the 2 bay carriage house 24x16 style garage with workshop area. Hadlyme is a charming village in Lyme. There are hiking trails in all directions close by. The Historic Hadlyme Ferry is close to shuttle you to Chester during it's season or the Goodspeed Theater and historic swing bridge are just 6 miles away. Biking, Kayaking and exploring the miles and miles of trails maintained by the Lyme Land Trust are just a few of the activities that can keep you busy here. Walk to the Hadlyme Country Market, Gillette's Castle or the Historic Ferry. Property being sold in As Is condition.

Last Agent to Sell the Property

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689 Listed on: 12/10/2018

William Pitt Sotheby's Int'l

Last Buyer's Agent

Roger Parkman

William Pitt Sotheby's Int'l License #RES.0523328

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1890

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Level Lot
  • Open Lot
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,922 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Workshop
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a golf course

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Neighborhood: Hadlyme
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial, Farm House
  • Sq Ft Est Heated Above Grade: 1922
  • Public Record Living Room Sq Ft: 1922
  • Total Sq Ft: 1922
  • Year Built: 1890
  • Nearby Amenities: Golf Course, Park, Public Rec Facilities
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3734
  • Tax Year Updated Dt: 07/15/2019
  • Directions: Rt 82 to Hadlyme 4 corners, following Rt 148 towards Ferry Landing at first intersection with Joshuatown Town Rd Take a left, property is 2nd house on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Appliances: Electric Range, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Mud Room, Workshop
  • Laundry Room Location: mud room/laundry
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 497

Exterior Features

  • Exterior Features: Patio, Porch
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.3900
  • Lot Description: Open Lot, Level Lot
  • Flood Zone: No
  • Zoning: R2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4337
  • Total Assessed Value: 217400
  • Mil Rate Base: 19.000
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 1520983

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Mar 1, 2024
Sold by
Nestor Robert and Reynolds Wililam
Bought by
Danenhower Sloan W and Samuels Jacob R
Seller's Agent
Roger Parkman
William Pitt Sotheby's Int'l
Buyer's Agent
Wendy Visgilio
Coldwell Banker Realty
List Price
$549,000
Sold Price
$484,000
Premium/Discount to List
-$65,000
-11.84%
Total Days on Market
204
Views
335
Current Estimated Value
$542,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,729
Avg. Annual Appreciation
9.21%
Original Mortgage
$290,400
Outstanding Balance
$286,940
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,789

Purchase Details

Listed on
Dec 10, 2018
Closed on
Jul 12, 2019
Sold by
Zacharias Anita Est and Berlin
Bought by
Nestor Robert and Reynolds William
Seller's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
Buyer's Agent
Roger Parkman
William Pitt Sotheby's Int'l
List Price
$329,000
Sold Price
$250,000
Premium/Discount to List
-$79,000
-24.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%

Purchase Details

Closed on
Aug 20, 1992
Sold by
Cleghorn Betty B
Bought by
Zacharias Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $484,000 None Available
Warranty Deed $484,000 None Available
Personal Reps Deed $250,000 --
Personal Reps Deed $250,000 --
Warranty Deed $21,800 --
Warranty Deed $21,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,400 Purchase Money Mortgage
Closed $290,400 Purchase Money Mortgage
Previous Owner $54,100 No Value Available
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $484,000 +1.0% $252 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $479,000 -12.8% $249 / Sq Ft
01/08/2024 01/08/24 For Sale $549,000 +13.4% $286 / Sq Ft
12/21/2023 12/21/23 Off Market $484,000 -- --
11/12/2023 11/12/23 For Sale $549,000 0.0% $286 / Sq Ft
09/30/2019 09/30/19 Rented $2,000 0.0% --
09/03/2019 09/03/19 Under Contract -- -- --
08/19/2019 08/19/19 For Rent $2,000 0.0% --
07/19/2019 07/19/19 Sold $250,000 -10.7% $130 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
05/10/2019 05/10/19 Price Changed $280,000 -8.2% $146 / Sq Ft
02/27/2019 02/27/19 Price Changed $305,000 -5.9% $159 / Sq Ft
01/20/2019 01/20/19 Price Changed $324,000 -1.5% $169 / Sq Ft
12/10/2018 12/10/18 For Sale $329,000 -- $171 / 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 $4,937 $340,500 $190,400 $150,100
2023 $4,239 $217,400 $108,700 $108,700
2022 $4,337 $217,400 $108,700 $108,700
2021 $4,337 $217,400 $108,700 $108,700
2020 $4,337 $217,400 $108,700 $108,700
2019 $4,337 $217,400 $108,700 $108,700
2018 $4,607 $247,700 $135,900 $111,800
2017 $4,521 $247,700 $135,900 $111,800
2016 $4,521 $247,700 $135,900 $111,800
2015 $4,397 $247,700 $135,900 $111,800
2014 $4,211 $247,700 $135,900 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170148944

SmartMLS

APN: LYME-000008-000000-000080