Seller's Agent in 2021
Jennifer Caulfield
William Pitt
(860) 388-7710
7 in this area
42 Total Sales
53 Cove Rd Old Lyme, CT 06371
Estimated Value: $2,428,000 - $4,587,000
5
Beds
5
Baths
5,275
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- River Front
- Sub-Zero Refrigerator
- Open Floorplan
- Lyme Consolidated School Rated A-
- 2 Acre Lot
- Cape Cod Architecture
About This Home
As of February 2021Located in the sought-after Lyme neighborhood of Cove Road and dramatically perched overlooking the protected waters of Hamburg Cove, this charming Cape Cod was totally renovated and expanded in 2004 to the highest standards of design and construction. The residence not only incorporates direct waterfront living with stunning stone terraces and wrap-around decking, but also has a fully permitted deep water dock and mooring for your boating pleasure. The unique floor plan has created a multi-generational residence with expansive living areas filled with natural light and magnificent views, highlighted by a Great Room with tray ceilings and beautiful fireplace and three separate seating areas with access to the wrap-around deck, a Chef's kitchen with separate breakfast room warmed by lovely brick fireplace, a first floor Master suite with private terrace accessed by French doors, four additional bedrooms and living quarters on three levels with two separate staircases, including a full walk-out lower level. With both formal living spaces for elegant entertaining and comfortable family areas for casual gatherings, this remarkable waterfront estate offers a gracious but fun-filled retreat for family and friends. Simply stunning!
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 11/30/2020
Co-Listed By
Jane Pfeffer
William Pitt Sotheby's Int'l License #RES.0756906
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,410
Year Built
- Built in 1963
Lot Details
- 2 Acre Lot
- River Front
- Stone Wall
- Secluded Lot
- Partially Wooded Lot
- Garden
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Frame Construction
- Wood Shingle Roof
- Ridge Vents on the Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- Open Floorplan
- Central Vacuum
- 2 Fireplaces
- Thermal Windows
- French Doors
- Entrance Foyer
- Workshop
- Water Views
- Attic or Crawl Hatchway Insulated
Kitchen
- Built-In Oven
- Electric Cooktop
- Microwave
- Sub-Zero Refrigerator
- Ice Maker
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry in Mud Room
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Private Driveway
Eco-Friendly Details
- Heating system powered by passive solar
Outdoor Features
- Wrap Around Balcony
- Terrace
Location
- Property is near shops
- Property is near a golf course
Schools
- Lyme Consolidated Elementary School
- Lyme-Old Lyme Middle School
- Lyme-Old Lyme High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Baseboard Heating
- Heating System Uses Oil
- Programmable Thermostat
- Underground Utilities
- Power Generator
- 60 Gallon+ Oil Water Heater
- Private Company Owned Well
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2020
Closed on
Feb 26, 2021
Sold by
Brewer John D and Brewer Margaret S
Bought by
Hefter Jeffrey S and Crocker-Hefter Anne
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Amy Keena
William Raveis Real Estate
List Price
$2,890,000
Sold Price
$2,795,000
Premium/Discount to List
-$95,000
-3.29%
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
$535,652
Avg. Annual Appreciation
4.65%
Original Mortgage
$1,500,000
Outstanding Balance
$1,347,695
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,074,797
Purchase Details
Closed on
May 15, 2000
Sold by
Dionne Richard H and Dionne Jeannette G
Bought by
Brewer John D and Brewer Margaret S
Purchase Details
Closed on
Apr 15, 1998
Sold by
Hine Onalea S
Bought by
Dionne Richard H and Dionne Jeanette G
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 |
|---|---|---|---|
| Hefter Jeffrey S | $2,795,000 | None Available | |
| Brewer John D | $1,210,000 | -- | |
| Dionne Richard H | $670,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hefter Jeffrey S | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $2,795,000 | -3.3% | $530 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $2,890,000 | -- | $548 / 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 |
|---|---|---|---|---|
| 2025 | $26,130 | $1,802,100 | $999,800 | $802,300 |
| 2024 | $26,130 | $1,802,100 | $999,800 | $802,300 |
| 2023 | $20,927 | $1,073,200 | $713,900 | $359,300 |
| 2022 | $21,410 | $1,073,200 | $713,900 | $359,300 |
| 2021 | $21,410 | $1,073,200 | $713,900 | $359,300 |
| 2020 | $21,410 | $1,073,200 | $713,900 | $359,300 |
| 2019 | $21,410 | $1,073,200 | $713,900 | $359,300 |
| 2018 | $22,015 | $1,183,600 | $771,500 | $412,100 |
| 2017 | $21,601 | $1,183,600 | $771,500 | $412,100 |
| 2016 | $21,601 | $1,183,600 | $771,500 | $412,100 |
| 2015 | $21,009 | $1,183,600 | $771,500 | $412,100 |
| 2014 | $20,121 | $1,183,600 | $771,500 | $412,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2021
Jane Pfeffer
William Pitt
-
Buyer's Agent in 2021
Amy Keena
William Raveis Real Estate
(860) 985-9392
1 in this area
78 Total Sales
Map
Source: SmartMLS
MLS Number: 170357974
APN: LYME-000017-000000-000014
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