NOT LISTED FOR SALE

5 Oak St Lyme, CT 06371

Estimated Value: $615,000 - $743,000

3 Beds
2.5 Baths
2,408 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $360,000 $150 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,222/month

119 Days on Market

Highlights

  • Beach Access
  • Spa
  • Colonial Architecture
  • Lyme Consolidated School Rated A-
  • 1.9 Acre Lot
  • Deck

About This Home

As of October 2018

This Hidden Gem is in Oakridge Beach Association!! Enjoy kayaking, swimming or just sitting on the quite beach. Steps away is also a State Boat Launch. This home is warm and inviting, has 3 bedrooms 2.5 bathrooms. Spectacular kitchen with granite counter tops, stainless steal appliances, with gourmet stove for cooking. Hardwood floors, 2 fireplace, master bedroom suite. Don't let this one pass you bye.

Last Agent to Sell the Property

Cindy Terry

William Raveis Real Estate License #RES.0774432 Listed on: 06/01/2018

William Raveis Real Estate

Last Buyer's Agent

Paul Tamsin

Home Selling Team License #RES.0784030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1971

Lot Details

  • 1.9 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R-2

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,408 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Spa
  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Deck

Schools

  • Pboe Elementary And Middle School
  • Lyme -Old Lyme Middle School
  • Pboe High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,818

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2408
  • Total Sq Ft: 2408
  • Year Built: 1971
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Rte 156 to Oakridge house on right rear lot.
  • 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: 2
  • Basement Description: Full, Full With Hatchway
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Hot Tub
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: PBOE
  • Intermediate School: Lyme -Old Lyme

Lot Info

  • Acres: 1.8991
  • Lot Description: Rear Lot, Level Lot, Lightly Wooded
  • Zoning: R-2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5818
  • Total Assessed Value: 267500
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1550966

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Oct 12, 2018
Sold by
Gesky Anita M
Bought by
Macgregor Russell and Macgregor Jennifer
Seller's Agent
Cindy Terry
William Raveis Real Estate
Buyer's Agent
Paul Tamsin
Home Selling Team
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$678,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,959
Avg. Annual Appreciation
9.69%
Original Mortgage
$324,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Zahner Merritt
Bought by
Gesky Anthony and Gesky Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage
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
Macgregor Russell $360,000 --
Gesky Anthony $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macgregor Russell $335,655
Closed Gesky Anthony $324,000
Previous Owner Gesky Anthony $150,000
Previous Owner Gesky Anthony $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $360,000 -4.0% $150 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $375,000 -- $156 / 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 $6,263 $385,900 $93,400 $292,500
2024 $5,946 $243,700 $77,900 $165,800
2023 $5,692 $242,200 $77,900 $164,300
2022 $5,692 $242,200 $77,900 $164,300
2021 $5,643 $242,200 $77,900 $164,300
2020 $5,619 $242,200 $77,900 $164,300
2019 $5,995 $267,500 $81,200 $186,300
2018 $5,861 $267,500 $81,200 $186,300
2017 $5,818 $267,500 $81,200 $186,300
2016 $5,671 $267,500 $81,200 $186,300
2015 $5,516 $267,500 $81,200 $186,300
2014 $4,899 $249,200 $84,600 $164,600
Source: Public Records

Agents Affiliated with this Home

  • Cindy Terry

    Seller's Agent in 2018

    Cindy Terry

    William Raveis Real Estate

    (860) 625-6336

    59 Total Sales

    Section Image

  • P

    Buyer's Agent in 2018

    Paul Tamsin

    Home Selling Team

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Map

Source: SmartMLS

MLS Number: 170086349

SmartMLS

APN: OLYM-000010-000000-000006

Connecticut New London County Lyme 06371

5 Oak St, Lyme, CT

This home is located at 5 Oak St, Lyme, CT 06371 since 01 June 2018 and is currently estimated at $678,959, approximately $281 per square foot. This property was built in 1971. 5 Oak St is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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