$750,000
SOLD SEP 23, 2021

50 Arbor Crossing East Lyme, CT 06333

5 Beds
3.5 Baths
3,014 Sq Ft
0.69 Acres

Recently Sold

$249 Per Sq Ft

1% Below List Price

105 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Clubhouse
  • East Lyme Middle School Rated A-
  • ENERGY STAR Certified Homes
  • Attic

About This Home

As of September 2021

Stunning 3000+ Sq/Ft Contemporary Colonial in 'The Orchards' Of East Lyme With A Few Surprises! Why Wait To Build When You Can Move Right In To This Incredible Home With Impressive Selections & Customizations Throughout. Built By Carrier, The Quality Of Their Building Sets Them Apart AND There Is A Transferrable Warranty! This Is A Must See! Check Out Those Pics & The VR Tour! Walk In The Front Door To A Two Story Foyer w/ Crossing Staircase. Gleaming Hardwoods Throughout With 9' Ceilings On Both Levels, Spectacular Kitchen With Granite Countertops & Large Center Island. Stainless GE Profile Appliances, Gas Range, Tile Backsplash, & Huge Walk In Pantry! Huge Master Suite w/ Custom Stone Floor Shower, Granite Dual Sinks, Walk In Closet & Finished Bonus Room. Lower Level Has A Bedroom & Full Bath, With An Unfinished Basement Area Ready To Be Finished Off. This Home Has High Efficiency Heat w/ Central AC & On Demand Hot Water. Three Car Garage, & A Great Open Lot With A Cozy Patio Out Back With Fire Pit. The Orchards Has Fantastic Amenities For The Whole Family Including An Olympic Sized Swimming Pool, Tennis Courts, Gym, And Walking Trails! It's A Great Time To Buy A Home. We Are Always Here To Help!

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 06/10/2021

William Raveis Real Estate

Co-Listed By

Joe Loguidice

William Raveis Real Estate License #RES.0817661

Last Buyer's Agent

Katie O'Leary

Gay Tyler Gallagher Real Estate License #REB.0794802

Gay Tyler Gallagher Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,563

Year Built

  • Built in 2017

Lot Details

  • 0.69 Acre Lot
  • Beach Front
  • Sloped Lot
  • Cleared Lot
  • Garden
  • Property is zoned R40

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 3,014 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

  • Heated Basement
  • Garage Access

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Flanders Elementary School
  • East Lyme High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank Located in Ground

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near a golf course

Community Details

Overview

  • Association fees include club house, tennis, pool service

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,563

Year Built

Built in 2017

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3014
  • Public Record Living Room Sq Ft: 3014
  • Total Sq Ft: 3014
  • Year Built: 2017
  • Nearby Amenities: Golf Course, Lake
  • Association Amenities: Club House, Exercise Room/Health Club, Private Rec Facilities, Pool, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5892
  • Tax Year Updated Dt: 08/02/2021
  • Directions: Boston Post Rd to Plum Hill to Arbor Crossing / Look for sign
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partially Finished, Heated, Cooled, Concrete Floor, Garage Access, Liveable Space
  • Interior Amenities: Auto Garage Door Opener, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Patio, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Pool Service
  • HOA Fees: 65
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Flanders
  • Middle School: Per Board of Ed
  • High School: East Lyme
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 0.6900
  • Lot Description: In Subdivision, Cleared, Sloping Lot
  • Zoning: R40

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 11563
  • Total Assessed Value: 405580
  • Mil Rate Base: 28.510
  • Mil Rate Total: 28.510
  • Assessor Parcel Number: 2411120

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 23, 2021
Sold by
Finkelstein Michael T and Finkelstein Maribeth
Bought by
Pena Edward and Pena Marissa
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Katie O'Leary
Gay Tyler Gallagher Real Estate
List Price
$759,900
Sold Price
$750,000
Premium/Discount to List
-$9,900
-1.3%
Current Estimated Value
$1,056,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,755
Avg. Annual Appreciation
7.56%
Original Mortgage
$600,000
Outstanding Balance
$549,513
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,303

Purchase Details

Listed on
Nov 26, 2017
Closed on
Feb 21, 2018
Sold by
Orchards Of East Lyme
Bought by
Finkelstein Michael and Finkelstein Maribeth
Seller's Agent
Mark Murphy
Berkshire Hathaway NE Prop.
Buyer's Agent
Randy Gallogly
Carl Guild & Associates
List Price
$643,745
Sold Price
$655,000
Premium/Discount to List
$11,255
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$589,500
Interest Rate
3.99%
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 Type Sale Price Title Company
Warranty Deed $750,000 None Available
Warranty Deed $750,000 None Available
Warranty Deed $655,000 --
Warranty Deed $655,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $83,000 Stand Alone Refi Refinance Of Original Loan
Open $600,000 Purchase Money Mortgage
Closed $600,000 Purchase Money Mortgage
Previous Owner $589,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2021 09/25/21 Pending -- -- --
09/23/2021 09/23/21 Sold $750,000 -1.3% $249 / Sq Ft
06/10/2021 06/10/21 For Sale $759,900 +16.0% $252 / Sq Ft
02/28/2018 02/28/18 Sold $655,000 +1.7% $208 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $643,745 -- $204 / 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 $13,952 $498,120 $124,110 $374,010
2024 $13,125 $498,120 $124,110 $374,010
2023 $12,393 $498,120 $124,110 $374,010
2022 $11,875 $498,120 $124,110 $374,010
2021 $11,563 $405,580 $122,290 $283,290
2020 $11,502 $405,580 $122,290 $283,290
2019 $11,433 $405,580 $122,290 $283,290
2018 $11,093 $405,580 $122,290 $283,290
2017 $3,199 $122,290 $122,290 $0
2016 $2,104 $82,950 $82,950 $0
2015 $159 $6,440 $6,440 $0
2014 $155 $6,440 $6,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170408575

SmartMLS

APN: ELYM-002901-000106