$425,000
PENDING

5 Laurel Dr Unit 5 Old Lyme, CT 06371

Estimated payment $3,303/month

Total Views 9,460
2 Beds
2.5 Baths
1,870 Sq Ft
$227 Price per Sq Ft

Highlights

  • Open Floorplan
  • Property is near shops
  • Baseboard Heating
  • Mile Creek School Rated A

About This Home

Secluded tri-level 2 bdrm, 2 1/2 bath townhome along with a detached 1 car garage located in a quaint 15 unit condo complex surrounded by beautifully landscaped grounds. This unit has central air (HVAC- replaced inside and outside units in 2018) it has been freshly painted with new kitchen including all new appliances(2024), 1/2 bath is new, hardwoods floors on 1st floor, 2nd floor and stairs have all been refinished, LR/DR with hardwoods and a new slider to the large open deck overlooking private wooded setting. 2nd floor-Primary Bedroom Suite with 2 separate closets and a full bath - nice large 2nd Bedroom and additional full bath with washer and dryer hookups. Lower Level family room has new carpeting (2024) and slider to backyard. Plenty of storage in other side of the lower level for all your extras. New Hot Water Heater in 2024 too. Complex is located close to all major hwys, shopping, golfing, beaches......One of the few condo complexes in Old Lyme.

Listing Agent

Susan Russ

CENTURY 21 Shutters & Sails License #RES.0597446

CENTURY 21 Shutters & Sails

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1985

HOA Fees

  • $648 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Laundry on upper level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

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

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Shared Well
  • Electric Water Heater

Community Details

  • Association fees include grounds maintenance, trash pickup, snow removal, property management, insurance
  • 15 Units
  • Property managed by Signature Properties

Listing and Financial Details

  • Assessor Parcel Number 1551844

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,584

Year Built

Built in 1985

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Townhouse
  • Sq Ft Est Heated Above Grade: 1440
  • Sq Ft Est Heated Below Grade: 430
  • Total Sq Ft: 1870
  • Year Built: 1985
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Golf Course, Health Club, Lake, Library, Park, Shopping/Mall
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Directions: Route 1 to Boggy Hole Rd- 2/10 mi. Laurel Rd on right-top of hill bear to the right and first set of units on right. #5
  • Living Area Sq Ft Per Public Record: 1440
  • Spec Assoc Asses: No
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full, Partially Finished, Full With Walk-Out
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: In 2nd floor bathroom
  • Laundry Room Info: Upper Level
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Shared Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management, Insurance
  • Levels In Unit: 3
  • HOA Fees: 648
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Paul Bellenoit
  • Property Manager Phone: (860) 389-5286
  • Property Mgt Company Name: Signature Properties
  • Property Mgt Phone: (860) 639-5811
  • Total Number of Units In Complex: Laurel Heights

Schools

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

Lot Info

  • Lot Description: Secluded Lightly Wooded
  • Zoning: RU80
  • Parcel #: 1551844

Rental Info

  • Pets Allowed Info: indoor cat or 1 dog
  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 15

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3584
  • Total Assessed Value: 146900
  • Mil Rate Total: 24.4

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,584 $146,900 $0 $146,900
2023 $3,452 $146,900 $0 $146,900
2022 $3,452 $146,900 $0 $146,900
2021 $3,423 $146,900 $0 $146,900
2020 $3,408 $146,900 $0 $146,900
2019 $3,261 $145,500 $0 $145,500
2018 $3,188 $145,500 $0 $145,500
2017 $3,165 $145,500 $0 $145,500
2016 $3,085 $145,500 $0 $145,500
2015 $3,000 $145,500 $0 $145,500
2014 $3,153 $160,400 $0 $160,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $425,000 0.0% $227 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $425,000 -- $227 / Sq Ft
Source: SmartMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $202,500 --
Quit Claim Deed -- --
Warranty Deed $287,000 --
Warranty Deed $287,000 --
Warranty Deed $295,000 --
Warranty Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $291,500 No Value Available
Previous Owner $236,000 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24076925

SmartMLS

APN: OLYM-000022-000000-000059-000002