Seller's Agent in 2020
Janet Peckinpaugh
William Pitt
(860) 985-3659
3 in this area
37 Total Sales
54 Lyme St Old Lyme, CT 06371
Estimated Value: $1,050,000 - $1,731,000
4
Beds
2.5
Baths
3,690
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Guest House
- Public Water Access
- The property is located in a historic district
- Mile Creek School Rated A
- Greenhouse
- Sub-Zero Refrigerator
About This Home
As of October 2020This elegant, iconic, Gambrel Cape on Lyme Street was originally built in 1710 by Justin Smith. In 1998 the house was lovingly restored by the owner, the late Brad Sweet and renowned historic antique renovator, Skip Broom. The main house, workshop and cottage, where Impressionist Matilda Browne painted in the early 1900's, make up some of the property which sits on a little over an acre. In 2006, the Post and Beam, Gambrel addition was adjoined.
The kitchen and eating area take up half of that along with a two car garage, foyer and mudroom. Upstairs are two bedrooms in the antique part of the house and a sewing room that could easily fit another. The Master suite is stunning with room for a Baby Grand. The fireplace brings a delightful ambience to evenings spent lounging in the great room that opens to a balcony. Overlooking the marsh and manicured gardens, the suite includes a walk-in closet and two dressing areas. Separate from the house is a workshop/studio/office which is plumbed and could easily be converted into a guest cottage. One of the most exciting parts of the house is the patio that can be completely encased during cooler weather. The house details are a wonder including the stunning doors in the formal dining room which came from a pub in England.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0798526 Listed on: 08/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,911
Year Built
- Built in 1710
Lot Details
- 1.16 Acre Lot
- Level Lot
- Garden
- Property is zoned R15
Home Design
- Cape Cod Architecture
- Antique Architecture
- Stone Foundation
- Frame Construction
- Wood Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 3,690 Sq Ft Home
- Sound System
- 4 Fireplaces
- Bonus Room
- Unfinished Basement
- Basement Hatchway
Kitchen
- Gas Range
- Range Hood
- Sub-Zero Refrigerator
- Dishwasher
- Smart Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Attic
- Storage In Attic
- Walkup Attic
Parking
- 2 Car Attached Garage
- Parking Deck
- Driveway
Outdoor Features
- Public Water Access
- Wetlands on Lot
- Balcony
- Deck
- Exterior Lighting
- Greenhouse
- Shed
- Porch
Additional Homes
- Guest House
Location
- Flood Zone Lot
- The property is located in a historic district
Schools
- Center Elementary School
- Lyme-Old Lyme High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Heating System Uses Propane
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Please see Property Inclusion/exclusion attachment
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2020
Closed on
Oct 15, 2020
Sold by
Geraldine K Andersen Ret
Bought by
Jones Richard F
Seller's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
Buyer's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
List Price
$1,325,000
Sold Price
$1,290,000
Premium/Discount to List
-$35,000
-2.64%
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
$155,147
Avg. Annual Appreciation
2.11%
Purchase Details
Closed on
Oct 27, 2014
Sold by
Andersen Geraldine K
Bought by
Geraldine K Andersen R
Purchase Details
Closed on
Dec 22, 1997
Sold by
Day James D
Bought by
Anderson Geraldine K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Richard F | $1,290,000 | None Available | |
| Geraldine K Andersen R | -- | -- | |
| Anderson Geraldine K | $216,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Anderson Geraldine K | $556,600 | |
| Previous Owner | Anderson Geraldine K | $375,650 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2020 10/22/20 | Sold | $1,290,000 | -2.6% | $350 / Sq Ft |
| 09/26/2020 09/26/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $1,325,000 | -- | $359 / Sq Ft |
Source: SmartMLS
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 | $12,711 | $783,200 | $191,600 | $591,600 |
| 2024 | $10,424 | $427,200 | $154,900 | $272,300 |
| 2023 | $10,039 | $427,200 | $154,900 | $272,300 |
| 2022 | $10,039 | $427,200 | $154,900 | $272,300 |
| 2021 | $9,954 | $427,200 | $154,900 | $272,300 |
| 2020 | $9,911 | $427,200 | $154,900 | $272,300 |
| 2019 | $10,270 | $505,600 | $168,200 | $337,400 |
| 2018 | $11,078 | $505,600 | $168,200 | $337,400 |
| 2017 | $10,997 | $505,600 | $168,200 | $337,400 |
| 2016 | $10,719 | $505,600 | $168,200 | $337,400 |
| 2015 | $10,425 | $505,600 | $168,200 | $337,400 |
| 2014 | $10,274 | $522,600 | $138,900 | $383,700 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Peckinpaugh
-
Jennifer Caulfield
Buyer's Agent in 2020
Jennifer Caulfield
William Pitt
(860) 388-7710
3 in this area
33 Total Sales
Map
Source: SmartMLS
MLS Number: 170328986
APN: OLYM-000057-000000-000058
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