NOT LISTED FOR SALE

5 Ledge Trail Lyme, CT 06371

Estimated Value: $64,000 - $114,000

0.39 Acre
$228,205 Price per Acre
16,988 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $60,000

Est. 48% increase in value since last sale

Current estimated payment $557/month

209 Days on Market

Highlights

  • Clubhouse
  • Recreation Facilities
  • Park
  • Lyme Consolidated School Rated A-

About This Lot

As of July 2024

Build Your Dream Home on the Ever-Popular Roger Lake Community. Pretty Views and easy access to the Lake from This property. Wonderful Private Community in the beautiful town of Lyme. Perfect Spot for your vacation home or retirement home or make it a year-round home! Lake association is www.RogersLakeWestShores.com for all the rules, regulations on this wonderful community. Larger Plot plan available.

Last Agent to Sell the Property

Wendy Anderson

William Pitt Sotheby's Internatiomal Realty License #RES.0014679 Listed on: 09/08/2023

Co-Listed By

Jeffrey Anderson

William Pitt Sotheby's Internatiomal Realty License #RES.0793581

Last Buyer's Agent

Joyce Covone

Berkshire Hathaway NE Prop. License #RES.0750119

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $706

Lot Details

  • 0.39 Acre Lot
  • Property fronts a private road
  • Property is zoned rr

HOA Fees

  • $13 Monthly HOA Fees

Location

  • Flood Zone Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 2328269

Community Details

Recreation

  • Recreation Facilities
  • Park

Additional Features

  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$706

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Neighborhood: Rogers Lake West Shores
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Lake
  • Association Amenities: Club House, Park, Private Rec Facilities
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Rogers Lake Rd to Ledge Trail
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Trail
  • Special Features: None

Interior Features

  • Street Number Modifier: 5

Exterior Features

  • Waterfront Description: Lake Access
  • Road Frontage Description: Private Road
  • Road Frontage Approximate: 100

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic Required
  • Utilities Available: Underground Required
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Annually
  • Property Management Type: Unit Owners Association

Schools

  • Elementary School: Lyme Consolidated
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.39
  • Lot Description: In Subdivision Water View Treed
  • Flood Zone: Yes
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: rr
  • Parcel #: 2328269

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 706
  • Total Assessed Value: 48700
  • Mil Rate Total: 14.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Lawrence John J
Bought by
Mcallister Matthew S
Current Estimated Value
$89,000

Purchase Details

Closed on
Jun 20, 1997
Sold by
Chicago Title Ins Co
Bought by
Lawrence John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500
Interest Rate
7.87%
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 Buyer Sale Price Title Company
Mcallister Matthew S $60,000 None Available
Lawrence John J $61,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence John J $8,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $60,000 -7.7% --
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $65,000 +8.3% --
04/01/2024 04/01/24 Off Market $60,000 -- --
09/08/2023 09/08/23 For Sale $65,000 -- --
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 $706 $48,700 $48,700 $0
2024 $706 $48,700 $48,700 $0
2023 $1,084 $55,600 $55,600 $0
2022 $1,109 $55,600 $55,600 $0
2021 $1,109 $55,600 $55,600 $0
2020 $1,109 $55,600 $55,600 $0
2019 $1,109 $55,600 $55,600 $0
2018 $1,123 $60,400 $60,400 $0
2017 $1,102 $60,400 $60,400 $0
2016 $1,102 $60,400 $60,400 $0
2015 $1,072 $60,400 $60,400 $0
2014 $1,027 $60,400 $60,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170596695

SmartMLS

APN: LYME-000403-000000-000059