NOT LISTED FOR SALE

5 Griswold Ave Old Lyme, CT 06371

Estimated Value: $354,000 - $446,000

2 Beds
1 Bath
1,247 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $241,500 $194 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,307/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Mile Creek School Rated A
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of November 2021

Calling all handy and or investors - you will flip over this opportunity!! Charming characteristics abound and good bones exist to bring this home back to life. Stunning level yard with two car detached garage, minutes to downtown Old Lyme and 95. Enclosed front porch welcomes you into a gracious foyer. Wood floors throughout the home, fireplace in LR has not been used in years. Main floor den or office could serve as a 3rd bdrm. Roof and electrical panel have been recently replaced and upgraded. Home is habitable but requires a cash or strong conventional buyer. The size is comfortable, no appliances within the home. Home is being sold as is, inspections are for buyer information. Seller has not resided in the home - this is not an estate. Immediate occupancy is feasible.

Last Agent to Sell the Property

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 10/04/2021

William Raveis Real Estate

Co-Listed By

Ann Carpenter

RE/MAX on the Bay License #REB.0755917

Last Buyer's Agent

Jay Cusack

Executive Real Estate Inc. License #RES.0785249

Executive Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Property is zoned R40

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,247 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near golf course and shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,318

Year Built

Built in 1900

Lot Details

0.34 Acres

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1247
  • Public Record Living Room Sq Ft: 1247
  • Total Sq Ft: 1247
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Lake, Library, Medical Facilities, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2009
  • Directions: Route 1 or Sill Lane to Griswold Ave., sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Shake, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.3400
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3318
  • Mil Rate Base: 23.300
  • Assessor Parcel Number: 1552123

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 24, 2021
Sold by
Paradis Kenneth and Paradis Julie
Bought by
Menta Rita
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$225,000
Sold Price
$241,500
Premium/Discount to List
$16,500
7.33%
Current Estimated Value
$388,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,329
Avg. Annual Appreciation
11.71%
Original Mortgage
$193,200
Outstanding Balance
$177,646
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,183

Purchase Details

Closed on
Sep 1, 2006
Sold by
Clark Howard
Bought by
Paradis Ken and Paradis Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menta Rita $241,500 None Available
Paradis Ken $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menta Rita $193,200
Previous Owner Paradis Ken $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $241,500 +7.3% $194 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $225,000 -- $180 / Sq Ft
Source: SmartMLS

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 $3,670 $226,100 $97,600 $128,500
2024 $3,475 $142,400 $67,100 $75,300
2023 $3,346 $142,400 $67,100 $75,300
2022 $3,346 $142,400 $67,100 $75,300
2021 $3,318 $142,400 $67,100 $75,300
2020 $3,304 $142,400 $67,100 $75,300
2019 $3,245 $144,800 $70,600 $74,200
2018 $3,173 $144,800 $70,600 $74,200
2017 $3,149 $144,800 $70,600 $74,200
2016 $3,070 $144,800 $70,600 $74,200
2015 $2,986 $144,800 $70,600 $74,200
2014 $3,000 $152,600 $70,600 $82,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Poola

    Seller's Agent in 2021

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    9 in this area

    326 Total Sales

    Mary Poola
    Section Image
  • Ann Carpenter

    Seller Co-Listing Agent in 2021

    Ann Carpenter

    RE/MAX

    (860) 823-9567

    5 in this area

    216 Total Sales

    Ann Carpenter
    Section Image
  • Jay Cusack

    Buyer's Agent in 2021

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    4 in this area

    176 Total Sales

    Jay Cusack
    Section Image
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Map

Source: SmartMLS

MLS Number: 170442669

SmartMLS

APN: OLYM-000028-000000-000061

Connecticut New London County Old Lyme 06371

5 Griswold Ave, Old Lyme, CT

Not Listed for Sale

Detached

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