5 Walnut Rd Old Lyme, CT 06371
Estimated Value: $451,000 - $784,000
4
Beds
1
Bath
1,200
Sq Ft
$502/Sq Ft
Est. Value
Highlights
- Beach Front
- Deck
- Corner Lot
- Mile Creek School Rated A
- Property is near public transit
- Tennis Courts
About This Home
As of October 2018Build a lifetime of priceless memories for an affordable price summering New England style at the premier beachfront community of Point "O" Woods. This delightful four bedroom home sited on an elevated corner lot is the perfect place for gathering family and friends together and this gated community features tennis and basketball courts, boating and one of the most beautiful beaches on the Long Island Sound. Summer activities have something for everyone from live music to Bingo and the Board of Governors operates and maintains a Boat Basin with Sixty-one slips of varying sizes for use of property owners of record. The operating philosophy is to provide safe mooring without all of the services provided by commercial marinas: fuel, full-time attendants, bait, or fish cleaning areas. In contrast, the Basin does provide unusual protection from storms, and unparalleled, immediate access to Long Island Sound. Located directly between Boston and NYC, South Lyme is conveniently located near many of the areas premier destinations with two casinos and premium shopping just 30 minutes away.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0784322 Listed on: 01/13/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,018
Year Built
- Built in 1923
Lot Details
- 6,098 Sq Ft Lot
- Beach Front
- Home fronts a sound
- Corner Lot
- Level Lot
HOA Fees
- $41 Monthly HOA Fees
Home Design
- 1,200 Sq Ft Home
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Piling Construction
Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Parking
- Parking Deck
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Wrap Around Balcony
- Deck
- Shed
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme High School
Utilities
- Wall Furnace
- Heating System Uses Oil Above Ground
- Heating System Mounted To A Wall or Window
- Heating System Uses Propane
- Electric Water Heater
Community Details
Overview
- Association fees include tennis, lake/beach access, security service, road maintenance
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Park
Additional Features
- Public Transportation
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2018
Closed on
Oct 5, 2018
Sold by
Mckinley Kathryn R
Bought by
Dolan John D and Dolan Stephanie H
Seller's Agent
Eric Engdall
Coldwell Banker Realty
Buyer's Agent
Nancy Mesham
Coldwell Banker Realty
List Price
$264,000
Sold Price
$264,000
Total Days on Market
245
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,057
Avg. Annual Appreciation
13.11%
Original Mortgage
$237,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Old Lyme, CT
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dolan John D | $264,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dolan John D | $243,000 | |
| Closed | Dolan John D | $237,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2018 10/04/18 | Sold | $264,000 | 0.0% | $220 / Sq Ft |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- |
| 09/14/2018 09/14/18 | For Sale | $264,000 | 0.0% | $220 / Sq Ft |
| 09/13/2018 09/13/18 | Off Market | $264,000 | -- | -- |
| 06/25/2018 06/25/18 | Price Changed | $264,000 | -5.4% | $220 / Sq Ft |
| 01/13/2018 01/13/18 | For Sale | $279,000 | -- | $233 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $4,736 | $194,100 | $130,000 | $64,100 |
| 2023 | $4,561 | $194,100 | $130,000 | $64,100 |
| 2022 | $4,561 | $194,100 | $130,000 | $64,100 |
| 2021 | $4,523 | $194,100 | $130,000 | $64,100 |
| 2020 | $4,503 | $194,100 | $130,000 | $64,100 |
| 2019 | $5,170 | $230,700 | $160,900 | $69,800 |
| 2018 | $5,055 | $230,700 | $160,900 | $69,800 |
| 2017 | $5,018 | $230,700 | $160,900 | $69,800 |
| 2016 | $4,891 | $230,700 | $160,900 | $69,800 |
| 2015 | $4,757 | $230,700 | $160,900 | $69,800 |
| 2014 | $4,958 | $252,200 | $170,200 | $82,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Engdall
Seller's Agent in 2018
Eric Engdall
Coldwell Banker Realty
(860) 705-6918
6 in this area
38 Total Sales
-
Nancy Mesham
Buyer's Agent in 2018
Nancy Mesham
Coldwell Banker Realty
(860) 227-9071
67 in this area
168 Total Sales
Map
Source: SmartMLS
MLS Number: 170043872
APN: OLYM-000093-000000-000109
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.
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.
Nearby Homes
- 41 Connecticut Rd
- 300 Mile Creek Rd
- 13 Victoria Ln
- 318 Billow Rd
- 170 Giants Neck Rd
- 27 Brightwater Rd
- 308 Sound View Ave
- 33 Gorton Ave
- 41 Gorton Ave
- 31 Old Colony Rd
- 13 Swan Ave Unit 1
- 15 Griswold Rd
- 53 Breen Ave
- 5 Hartford Ave
- 56 Giants Neck Rd
- 67 S Beechwood Rd
- 311 Miami Ave
- 6 Corsino Ave
- 76 Oakwood Rd
- 4 Lonicera Ct