NOT LISTED FOR SALE

50 Grassy Hill Rd Old Lyme, CT 06371

Estimated Value: $677,000 - $847,000

2 Beds
1.5 Baths
1,440 Sq Ft
$534/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $375,000 $260 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,737/month

82 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Finished Attic
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Attic

About This Home

As of July 2016

Living large at one of the best at the lake! "Flip flop" home design with bedrooms upstairs and downstairs is all about lakefront living. Renovated open plan with granite/stainless kitchen opens through new sliders to the lake. Beautiful stone patio. Land sweeps gently to the lake for ease of access. Floating dock! You'll find a two car detached garage as well as a stone parking area for additional guests. Two bedrooms with an office currently used as a bedroom, gorgeous renovated bath and a huge finished loft space, great for rainy day fun. Don't miss this exceptional lakefront property.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 04/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Libby Waldron

Coldwell Banker Realty License #RES.0795639

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,918

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • French Doors
  • Water Views
  • Finished Basement
  • Heated Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Attic

  • Attic Floors
  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Zoned Heating
  • Floor Furnace
  • Radiator
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,918

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 1440
  • Year Built: 1950
  • Nearby Amenities: Public Trash Pickup
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Boston Post Road north from Old Lyme Village, left just north of Rogers Lake onto Grassy Hill. Home 1 mile north on left side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Finished, Floored, Walk-up
  • Basement Description: Fully Finished, Heated, Liveable Space
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch-Enclosed, French Doors, Patio, Porch
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Frontage, Lake, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Heat Type: Radiator, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Lyme -Old Lyme

Lot Info

  • Acres: 0.2100
  • Lot Description: Water View

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 5918
  • Assessor Parcel Number: 1554174

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Gerl George
Bought by
George F Gerl Ret and Gerl
Current Estimated Value
$769,539

Purchase Details

Closed on
Aug 16, 2019
Sold by
Stripling Ret
Bought by
Gerl George

Purchase Details

Closed on
Jan 14, 1993
Sold by
Bishop Stanley J and Bishop Jeannette G
Bought by
Gevaert Christina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
George F Gerl Ret -- None Available
George F Gerl Ret -- None Available
Gerl George $390,000 --
Gevaert Christina $190,000 --
Gevaert Christina $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gevaert Christina $320,000
Previous Owner Gevaert Christina $456,000
Previous Owner Gevaert Christina $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $375,000 -3.6% $260 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $389,000 -- $270 / 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 $8,214 $506,100 $345,300 $160,800
2024 $6,388 $261,800 $166,200 $95,600
2023 $6,152 $261,800 $166,200 $95,600
2022 $6,152 $261,800 $166,200 $95,600
2021 $6,100 $261,800 $166,200 $95,600
2020 $6,074 $261,800 $166,200 $95,600
2019 $6,432 $287,000 $202,700 $84,300
2018 $6,288 $287,000 $202,700 $84,300
2017 $6,242 $287,000 $202,700 $84,300
2016 $6,084 $287,000 $202,700 $84,300
2015 $5,918 $287,000 $202,700 $84,300
2014 $5,821 $296,100 $202,700 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10126163

SmartMLS

APN: OLYM-000066-000000-000182