NOT LISTED FOR SALE

52 Sterling City Rd Old Lyme, CT 06371

Estimated Value: $1,356,320 - $1,515,000

3 Beds
2.5 Baths
3,014 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $925,000 $307 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,876/month

235 Days on Market

Highlights

  • Health Club
  • Detached Guest House
  • Medical Services
  • Lyme Consolidated School Rated A-
  • Barn
  • 2.6 Acre Lot

About This Home

As of November 2017

Architecturally designed and custom constructed in 1998 by a ship's carpenter, Grey Ledge is set high upon a hill overlooking sweeping lawns, remarkable rock outcroppings, meandering stone walls, stunning terraced perennial gardens designed by a Master Gardner and mature specimen trees...truly a bucolic setting! A remarkable study in space and purity of design, there is a welcoming and nourishing feel to every room. From the exquisite Chef's kitchen with center island and charming sitting room with fireplace, to the family room warmed by a Rumford fireplace with access to the magnificent gardens and outside living spaces, there is an obvious luxurious balance to this residence. Incredible mill work throughout reflects the superb quality of design and construction. The second level is highlighted by a luxurious Master suite with fireplace and commodious bath and two additional guests suites have created a private sanctuary for family and guests alike. Originally the home of the American Impressionist artist, Edward Volkert, his studio was exquisitely converted in 2015 to a fabulous guest house with beamed and vaulted ceiling and original stone fireplace, also featuring a separate kitchen and bath, perfect for accommodating visiting friends, an au pair or as an in law apartment. This home is truly a masterpiece of style and ingenuity...a treasure!

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 02/21/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

Roberta Felitto

Berkshire Hathaway NE Prop. License #REB.0756459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,193

Year Built

  • Built in 1998

Lot Details

  • 2.6 Acre Lot
  • Stone Wall
  • Garden

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 3,014 Sq Ft Home
  • Central Vacuum
  • Sound System
  • 2 Fireplaces
  • French Doors
  • Workshop
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Terrace

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Underground Utilities
  • Private Company Owned Well
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Property is near a golf course
  • Barn

Community Details

Recreation

  • Health Club
  • Putting Green

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,193

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3014
  • Public Record Living Room Sq Ft: 2767
  • Total Sq Ft: 3014
  • Year Built: 1998
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities
  • In Law Access: Detached
  • Association Amenities: Health Club, Medical Facilities, Putting Green
  • In Law Apartment: Yes
  • Easements Right Of Way: Of Record
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5611
  • Directions: Route 95 to Exit 70 to north on Route 156 to right on Sterling City Road.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Walk-up, Floored
  • Basement Description: Full With Hatchway, Partially Finished
  • Interior Amenities: Audio System, Central Vacuum, Auto Garage Door Opener, Cable - Pre-wired
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Laundry Room, Workshop
  • Laundry Room Location: Lower Level
  • Attic: Yes
  • Street Number Modifier: 52

Exterior Features

  • Exterior Features: French Doors, Garden Area, Guest House, Patio, Stone Wall, Terrace, Underground Utilities
  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage, Barn
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Radiant
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme - Old Lyme
  • Intermediate School: Lyme Old Lyme

Lot Info

  • Acres: 2.6000
  • Lot Description: Fence - Stone, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 9193
  • Total Assessed Value: 503753
  • Mil Rate Total: 18.250
  • Assessor Parcel Number: 1521688

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Nov 14, 2017
Sold by
Charnok Diana L
Bought by
Schiller Mark A and Schiller Kathleen M
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Roberta Felitto
Berkshire Hathaway NE Prop.
List Price
$1,190,000
Sold Price
$925,000
Premium/Discount to List
-$265,000
-22.27%
Current Estimated Value
$1,452,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,440
Avg. Annual Appreciation
5.44%
Original Mortgage
$740,000
Outstanding Balance
$622,708
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$774,432

Purchase Details

Listed on
Oct 9, 2012
Closed on
Feb 4, 2013
Sold by
Abrahamsson Todd W and Abrahamsson Deborah C
Bought by
Charnok Diana L
Seller's Agent
Joseph Rhodes
Coldwell Banker Realty
Buyer's Agent
Roger Parkman
William Pitt Sotheby's Int'l
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
May 21, 1997
Sold by
Broom Harry F
Bought by
Abrahamsson Todd N and Abrahamsson Deborah C
Source: Public Records

Range of Values:

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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
Schiller Mark A $925,000 --
Charnok Diana L $725,000 --
Abrahamsson Todd N $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiller Mark A $740,000
Previous Owner Broom Harry P $100,000
Previous Owner Broom Harry P $264,000
Previous Owner Broom Harry P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $925,000 -15.1% $307 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $1,090,000 -8.4% $362 / Sq Ft
02/21/2017 02/21/17 For Sale $1,190,000 +64.1% $395 / Sq Ft
02/01/2013 02/01/13 Sold $725,000 -3.2% $234 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $749,000 -- $242 / 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 $11,538 $795,700 $165,100 $630,600
2024 $11,538 $795,700 $165,100 $630,600
2023 $15,813 $598,500 $117,800 $480,700
2022 $11,940 $598,500 $117,800 $480,700
2021 $11,940 $598,500 $117,800 $480,700
2020 $11,940 $598,500 $117,800 $480,700
2019 $11,940 $598,500 $117,800 $480,700
2018 $6,882 $503,753 $124,453 $379,300
2017 $6,832 $503,753 $124,453 $379,300
2016 $9,075 $497,253 $124,453 $372,800
2015 $8,826 $497,253 $124,453 $372,800
2014 $8,453 $497,253 $124,453 $372,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10198029

SmartMLS

APN: LYME-000027-000000-000059