NOT LISTED FOR SALE

5 Matson Ridge Old Lyme, CT 06371

Estimated Value: $1,264,000 - $1,298,632

5 Beds
3 Baths
4,191 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $720,000 $172 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,634/month

231 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 1.8 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of June 2014

Sun-filled, spacious rooms, great for entertaining and comfortable living. Granite gourmet kitchen/family room with fireplace. Living room stone fireplace. Sunroom/dining room overlooks deck and beautiful gardens. First floor master suite--luxurious bath.
Private, open, professionally landscaped yard with room for pool is bordered by open space. Additional space for office, in-law, or au pair. Energy efficient hydro-air/central air system with multiple zones. Guest suite over garage not included in square footage.

Last Agent to Sell the Property

Karen Conniff

William Pitt Sotheby's Int'l License #RES.0135237 Listed on: 01/02/2013

William Pitt Sotheby's Int'l

Last Buyer's Agent

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,709

Year Built

  • Built in 1989

Lot Details

  • 1.8 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,191 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 3 Fireplaces
  • Thermal Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Parking Deck
  • Circular Driveway

Outdoor Features

  • Deck

Schools

  • Lyme Consolidated Elementary School
  • Lolms Middle School
  • Lolhs High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater
  • Cable TV Available

Community Details

  • Matson Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,709

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Total Sq Ft: 4191
  • Year Built: 1989
  • Nearby Amenities: Public Rec Facilities, Public Trash Pickup
  • Easements Right Of Way: driveway
  • Direct Waterfront: No
  • Directions: Lyme street to sill lane to saunders hollow rd. Right on matson ridge. House at end of driveway on right. See sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 3
  • Attic Description: Storage Space
  • Basement Description: Full, Partially Finished
  • Interior Amenities: Cable - Available, Central Vacuum, Open Floor Plan
  • Appliances: Cook Top, Dishwasher, Refrigerator, Subzero, Wall Oven
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt, Circular

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Intermediate School: Lolms

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.8000
  • Lot Description: Level Lot, Open Lot, Professionally Landscaped

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 11709
  • Assessor Parcel Number: 1552425

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lolhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jun 2, 2014
Sold by
Mummert 2Nd Earl J and Mummert Margaret C
Bought by
Fearnley Kenneth F and Edwards Rachel J
Seller's Agent
Karen Conniff
William Pitt Sotheby's Int'l
Buyer's Agent
Beth Cote
William Pitt Sotheby's Int'l
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Current Estimated Value
$1,286,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,544
Avg. Annual Appreciation
5.18%
Original Mortgage
$230,928
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2001
Sold by
Celey Floyd M and Celey Cynthia
Bought by
Mummers Earl J and Mummers Margaret C

Purchase Details

Closed on
Jun 6, 1997
Sold by
Linder Tr Joseph P
Bought by
Coley Floyd M and Coley Cynthia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fearnley Kenneth F $720,000 --
Mummers Earl J $630,000 --
Coley Floyd M $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coley Floyd M $640,000
Closed Coley Floyd M $230,928
Closed Coley Floyd M $417,000
Previous Owner Coley Floyd M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $720,000 -3.9% $172 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $749,000 -- $179 / 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 $10,645 $655,900 $232,800 $423,100
2024 $8,462 $346,800 $109,700 $237,100
2023 $8,150 $346,800 $109,700 $237,100
2022 $8,150 $346,800 $109,700 $237,100
2021 $8,080 $346,800 $109,700 $237,100
2020 $8,046 $346,800 $109,700 $237,100
2019 $10,927 $487,600 $189,500 $298,100
2018 $10,683 $487,600 $189,500 $298,100
2017 $10,605 $487,600 $189,500 $298,100
2016 $10,337 $487,600 $189,500 $298,100
2015 $10,054 $487,600 $189,500 $298,100
2014 $11,759 $598,100 $189,500 $408,600
Source: Public Records

Agents Affiliated with this Home

  • Karen Conniff

    Seller's Agent in 2014

    Karen Conniff

    William Pitt

    (860) 633-8026

    3 in this area

    12 Total Sales

    Karen Conniff
    Section Image
  • Beth Cote

    Buyer's Agent in 2014

    Beth Cote

    William Pitt

    (860) 460-6901

    23 in this area

    51 Total Sales

    Beth Cote
    Section Image
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Map

Source: SmartMLS

MLS Number: M9138321

SmartMLS

APN: OLYM-000033-000000-000043

Connecticut New London County Old Lyme 06371

5 Matson Ridge, Old Lyme, CT

Not Listed for Sale

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