NOT LISTED FOR SALE

50 Ridgewood Rd Old Lyme, CT 06371

Estimated Value: $713,000 - $867,839

3 Beds
1 Bath
1,075 Sq Ft
$726/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $350,000 $326 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,985/month

27 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Gated Community
  • Mile Creek School Rated A
  • Tennis Courts
  • Open Floorplan

About This Home

As of November 2019

Water Views and Just steps to exquisitely maintained beach, marina, pavilion, and recreation area with amenities such as the pro-class tennis and basketball courts, and even a library. Welcome to Point O Woods a gated community! Totally updated and meticulously maintained classic Shoreline cottage with excellent rental history with return vacationers who have always treated it as their own, and it shows! Tile floors, solid wood doors, new windows, new electrical, newer roof and updated appliances through-out, High efficiency Mitsubishi split system for heat and cooling as well as additional propane fired heater and Fireplace. Enjoy Water views from every bedroom, relax on stylish deck or enclosed sunlit porch with water views and off-street parking. Launch you boat from your own back yard! Possible year-round usage conversion. Ask for details.

Last Agent to Sell the Property

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400 Listed on: 09/09/2019

RE/MAX on the Bay

Last Buyer's Agent

Christopher Tiberio

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,837

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Deck
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Tennis Courts
  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Lyme-Old Lyme High School

Utilities

  • Space Heater
  • Heat Pump System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, trash pickup, road maintenance
  • Point O Woods Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,837

Year Built

Built in 1950

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Neighborhood: South Lyme
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1075
  • Public Record Living Room Sq Ft: 891
  • Total Sq Ft: 1075
  • Year Built: 1950
  • Nearby Amenities: Library, Playground/Tot Lot, Private Rec Facilities, Tennis Courts
  • Association Amenities: Basketball Court, Playground/Tot Lot, Private Rec Facilities, Security Services, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1279
  • Directions: Connecticut Road to left on Hillcrest right on Sargent to Hough left on Ridgewood.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Interior Amenities: Open Floor Plan
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Electric Dryer, Dryer
  • Laundry Room Location: In Shed
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Grill, Gutters, Porch, Porch-Enclosed, Shed, Tennis Court
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Crushed Stone, Gravel

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Heat Pump, Space Heater
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $612 paid Bi-Annually, 10 years remaining

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Trash Pickup, Road Maintenance
  • HOA Fees: 729
  • HOA Fee Frequency: Annually
  • HOA: Yes

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: In Flood Zone, Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: R-10
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6837
  • Mil Rate Base: 22.410
  • Assessor Parcel Number: 1555883

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2009
Sold by
Fleming Barbara
Bought by
Bombaci Frank and Bombaci Jacqueline
Current Estimated Value
$803,036
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bombaci Frank $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bombaci Frank $160,000
Previous Owner Bombaci Frank $125,000
Previous Owner Bombaci Frank $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $350,000 -7.9% $326 / Sq Ft
09/09/2019 09/09/19 For Sale $379,900 -- $353 / 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 $8,399 $517,500 $367,900 $149,600
2024 $6,361 $260,700 $189,700 $71,000
2023 $6,126 $260,700 $189,700 $71,000
2022 $6,126 $260,700 $189,700 $71,000
2021 $6,009 $257,900 $189,700 $68,200
2020 $5,983 $257,900 $189,700 $68,200
2019 $6,837 $305,100 $234,900 $70,200
2018 $6,685 $305,100 $234,900 $70,200
2017 $6,636 $305,100 $234,900 $70,200
2016 $6,468 $305,100 $234,900 $70,200
2015 $6,291 $305,100 $234,900 $70,200
2014 $6,165 $313,600 $238,400 $75,200
Source: Public Records

Agents Affiliated with this Home

  • Ferdinand Giacinto

    Seller's Agent in 2019

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    1 in this area

    84 Total Sales

    Ferdinand Giacinto
    Section Image

  • C

    Buyer's Agent in 2019

    Christopher Tiberio

    William Raveis Real Estate

See All Agents

Map

Source: SmartMLS

MLS Number: 170229467

SmartMLS

APN: OLYM-000091-000000-000116

Connecticut New London County Old Lyme 06371

50 Ridgewood Rd, Old Lyme, CT

Not Listed for Sale

Detached

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