$2,300,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

5 Old Post Rd Old Lyme, CT 06371

Estimated payment $13,179/month

Total Views 38,551
135 Acres
$16,999 Price per Acre
5,893,668 Sq Ft Lot

About This Lot

Available for the first time, Ridgeview Estates. These two contiguous parcels of land are being sold together, offering 135 acres for a beautiful subdivision with distant views of the Baldwin Bridge from the ridgeline. Please note town records have property described as having no frontage. There is frontage from two areas that are described in the deeds. Seller has worked with an engineer on preliminary designs for development. There is an electric easement to the parcel described as "5 Stage Coach Rd". The Seller will be providing a lot revision from the aggregate to remove the organic burial site.

Last Listed By

Heather Clinton

Berkshire Hathaway NE Prop. License #RES.0776259 Listed on: 11/08/2023

Berkshire Hathaway NE Prop.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,961

Year Built

  • 1930

Lot Details

  • 135.3 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Property is zoned RU80

Utilities

  • Private Company Owned Well
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 1552449

Property Details

Property Type

Land

Est. Annual Taxes

$3,961

Year Built

1930

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Call listing agent for directions to meet for showing.
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Year Built (Public Record): 1930

Interior Features

  • Street Number Modifier: 5

Exterior Features

  • Waterfront Description: Pond View
  • Road Frontage Description: Municipal Street, Private Road, Dirt/Gravel Road

Utilities

  • Water Source: Private Well, Well Required
  • Sewer: Septic, Septic Required
  • Utilities Available: Electric Available
  • Septic Approval: No
  • Septic Plan Available: No

Schools

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

Lot Info

  • Acres: 135.3
  • Lot Description: Interior Lot Farm Land Some Wetlands Borders Open Space Treed
  • Flood Zone: No
  • Lot Improvements: Barn(S)
  • Zoning: RU80
  • Parcel #: 1552449

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3961
  • Total Assessed Value: 162340
  • 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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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

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 $4,087 $167,500 $70,400 $97,100
2023 $3,936 $167,500 $70,400 $97,100
2022 $3,936 $167,500 $70,400 $97,100
2021 $3,903 $167,500 $70,400 $97,100
2020 $3,886 $167,500 $70,400 $97,100
2019 $3,465 $154,600 $62,600 $92,000
2018 $3,387 $154,600 $62,600 $92,000
2017 $3,363 $154,600 $62,600 $92,000
2016 $3,278 $154,600 $62,600 $92,000
2015 $3,188 $154,600 $62,600 $92,000
2014 -- $168,200 $62,600 $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 For Sale $2,300,000 -- --
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $193,000 None Available
Deed -- --
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,939 New Conventional
Previous Owner $121,000 No Value Available
Previous Owner $135,000 No Value Available
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

Source: SmartMLS

MLS Number: 170605029

SmartMLS

APN: OLYM-000064-000000-000021