NOT LISTED FOR SALE

5 King James Dr East Lyme, CT 06333

Estimated Value: $503,000 - $536,077

3 Beds
2.5 Baths
2,060 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $426,000 $207 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,428/month

16 Days on Market

Highlights

  • 1.05 Acre Lot
  • Colonial Architecture
  • Attic
  • East Lyme Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of February 2023

Welcome to 5 King James Drive. This well cared for 3 bed, 2.5 bath,2060 sq ft Colonial sits on 1.5 acre lot on Cul de sac street. As you enter the home a large living room with wood burning fireplace opens to formal dining room all with hardwood flooring. Step into the large Eat in Kitchen with sliders leading you out to deck perfect for your outdoor entertaining. Off Kitchen is main floor laundry and a half bath. This home also offers a main floor office with French doors perfect for working from home. A beautiful open staircase leads you up to two good sized bedrooms with Jack and Jill full bathroom. Expansive Master Suite offers walk in closet and full bath with soaking Jacuzzi tub along with stand up shower and double vanity. Dry Full basement with woodstove could easily be finished for additional space. New furnace, Engineered septic system and peaceful setting make this home a must see.
Enjoy all East Lyme has to offer beaches, shopping, ,boardwalk, recreation. Convenient to all major highways. Schedule your showing today.

Last Agent to Sell the Property

Ann Petrizzi

RE/MAX on the Bay License #RES.0803709 Listed on: 01/16/2023

RE/MAX on the Bay

Last Buyer's Agent

Sang Jee

William Raveis Real Estate License #RES.0802442

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,303

Year Built

  • Built in 1989

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Property is zoned R80

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Deck

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • East Lyme High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,303

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2060
  • Public Record Living Room Sq Ft: 2060
  • Total Sq Ft: 2060
  • Year Built: 1989
  • Nearby Amenities: Golf Course, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4085
  • Directions: Rt 161 Chesterfield Rd take left onto Walnut Hill rRd, left onto King James Dr
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Access Via Hatch
  • Basement Description: Full With Hatchway
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: main floor
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 1.0500
  • Lot Description: On Cul-De-Sac
  • Zoning: R80

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6303
  • Total Assessed Value: 264390
  • Mil Rate Base: 23.840
  • Mil Rate Total: 23.840
  • Assessor Parcel Number: 1472239

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 23, 2023
Sold by
Cardillo James A and Cardillo Carol J
Bought by
Park Junyoung and Lee Young I
Seller's Agent
Ann Petrizzi
RE/MAX on the Bay
Buyer's Agent
Sang Jee
William Raveis Real Estate
List Price
$449,900
Sold Price
$426,000
Premium/Discount to List
-$23,900
-5.31%
Views
140
Current Estimated Value
$515,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,769
Avg. Annual Appreciation
7.83%
Original Mortgage
$226,000
Outstanding Balance
$219,184
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,222

Purchase Details

Closed on
Sep 3, 1986
Bought by
Cardillo James A and Cardillo Carol Jo
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
Park Junyoung $426,000 None Available
Cardillo James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Junyoung $226,000
Previous Owner Cardillo James A $360,000
Previous Owner Cardillo James A $10,000
Previous Owner Cardillo James A $40,000
Previous Owner Cardillo James A $147,500
Previous Owner Cardillo James A $89,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $426,000 -5.3% $207 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $449,900 -- $218 / 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 $7,406 $264,390 $101,640 $162,750
2024 $6,967 $264,390 $101,640 $162,750
2023 $6,578 $264,390 $101,640 $162,750
2022 $6,303 $264,390 $101,640 $162,750
2021 $6,358 $223,020 $91,980 $131,040
2020 $6,325 $223,020 $91,980 $131,040
2019 $6,287 $223,020 $91,980 $131,040
2018 $6,100 $223,020 $91,980 $131,040
2017 $5,834 $223,020 $91,980 $131,040
2016 $5,863 $231,210 $91,980 $139,230
2015 $5,713 $231,210 $91,980 $139,230
2014 $5,556 $231,210 $91,980 $139,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170543586

SmartMLS

APN: ELYM-004800-000030