NOT LISTED FOR SALE

5 Brookside Ave Old Lyme, CT 06371

Estimated Value: $502,000 - $606,000

4 Beds
1.5 Baths
1,413 Sq Ft
$395/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $234,000 $166 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,573/month

238 Days on Market

Highlights

  • Beach Front
  • Deck
  • 1 Fireplace
  • Mile Creek School Rated A
  • Attic
  • Cottage

About This Home

As of January 2015

Charming cottage, just steps from beautiful sandy beach. Enjoy the morning sun on the front porch and afternoons on the deck. Live year round, with winters by the fire. Excellent investment property.

Last Agent to Sell the Property

Zoe Zrakas

William Raveis Real Estate License #RES.0789784 Listed on: 03/27/2014

William Raveis Real Estate

Last Buyer's Agent

Linda Bohne

Property Advisors Realty License #REB.0793703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,078

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot

Home Design

  • Cottage
  • Clap Board Siding

Interior Spaces

  • 1,413 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Schools

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

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Old Colony Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,078

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cottage
  • Total Sq Ft: 1413
  • Year Built: 1940
  • Direct Waterfront: No
  • Directions: 95 To exit 70 or route 156 to shore road, onto brookside
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Cable - Available
  • Appliances: Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard
  • Waterfront Description: Beach, Beach Rights, L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Gravel

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Mile Creek
  • High School: Lyme Old Lyme
  • Intermediate School: Lyme Old Lyme

Lot Info

  • Acres: 0.0800
  • Lot Description: Level Lot
  • Property Info: Gated Community

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 5078
  • Total Assessed Value: 258300
  • Mil Rate Total: 19.660
  • Assessor Parcel Number: 1555581

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jan 28, 2015
Sold by
To Batterson Park Side
Bought by
Passinese Lawrence and Passinese Barbara
Seller's Agent
Zoe Zrakas
William Raveis Real Estate
Buyer's Agent
Linda Bohne
Property Advisors Realty
List Price
$274,900
Sold Price
$234,000
Premium/Discount to List
-$40,900
-14.88%
Current Estimated Value
$557,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,963
Avg. Annual Appreciation
8.55%
Original Mortgage
$130,000
Interest Rate
3.81%
Mortgage Type
New Conventional
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
Passinese Lawrence $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passinese Lawrence $122,000
Closed Passinese Lawrence $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $234,000 -14.9% $166 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $274,900 -- $195 / 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 $6,463 $398,200 $223,500 $174,700
2024 $5,119 $209,800 $128,000 $81,800
2023 $4,930 $209,800 $128,000 $81,800
2022 $4,930 $209,800 $128,000 $81,800
2021 $4,888 $209,800 $128,000 $81,800
2020 $4,849 $209,000 $128,000 $81,000
2019 $4,865 $217,100 $113,800 $103,300
2018 $4,757 $217,100 $113,800 $103,300
2017 $4,722 $217,100 $113,800 $103,300
2016 $4,005 $188,900 $113,800 $75,100
2015 $3,895 $188,900 $113,800 $75,100
2014 $5,078 $258,300 $178,000 $80,300
Source: Public Records

Agents Affiliated with this Home

  • Zoe Zrakas

    Seller's Agent in 2015

    Zoe Zrakas

    William Raveis Real Estate

    (860) 625-6617

    2 in this area

    61 Total Sales

    Zoe Zrakas
    Section Image
  • Linda Bohne

    Buyer's Agent in 2015

    Linda Bohne

    Property Advisors Realty

    (203) 715-5518

    70 Total Sales

    Linda Bohne
    Section Image
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Map

Source: SmartMLS

MLS Number: M9146307

SmartMLS

APN: OLYM-000084-000000-000110

Connecticut New London County Old Lyme 06371

5 Brookside Ave, Old Lyme, CT

This home is located at 5 Brookside Ave, Old Lyme, CT 06371 since 27 March 2014 and is currently estimated at $557,963, approximately $394 per square foot. This property was built in 1940. 5 Brookside Ave is a home located in New London County with nearby schools including Mile Creek 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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