NOT LISTED FOR SALE

54 Ridgewood Rd Old Lyme, CT 06371

Estimated Value: $821,000 - $941,000

5 Beds
1.5 Baths
1,577 Sq Ft
$556/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2022

Last sale price $740,000 $469 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,403 / mo

9 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Colonial Architecture
  • Mile Creek School Rated A
  • Open Floorplan
  • Deck

About This Home

As of September 2022

LOCATION, LOCATION, LOCATION! One of the most desirable locations in Point O Woods, with beautiful views of Long Island Sound and the community boat basin! All the amenities are easily accessed from this location! 54 Ridgewood Road has been loved and enjoyed by its current owners for the last 49 years and are only the second owners! Point O'Woods is a private beach community that's golf cart friendly and has a beautiful beach, boardwalk, pavilion, marina with boat launch, tennis courts, playscape area, bocce and basketball courts. Some interesting points about POW that you may not be aware of: beach is rarely if ever crowded, weekend night activities include: concerts, movies on the beach, bingo, tennis/pickleball courts, library, Pavilion parties and dances. City water and sewer now serve the community and there is an association security service that increases the quality of life for all residents. Security guards are on duty during the summer season. A dedicated, hardworking Board of Governors strive to meet the needs of the community year-round. Offered with current furnishings for immediate use.

Last Agent to Sell the Property

Laurie Mazzeo

William Pitt Sotheby's Int'l License #RES.0761609 Listed on: 08/17/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Madelyn Pope

RE/MAX One License #RES.0814708

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,004

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $72 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,577 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Water Views
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 6 Parking Spaces
  • Parking Deck
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Oil Above Ground
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, trash pickup, snow removal, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Bocce Ball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,004

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

HOA Fees

$72 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1577
  • Public Record Living Room Sq Ft: 1201
  • Total Sq Ft: 1577
  • Year Built: 1920
  • Association Amenities: Basketball Court, Bocci Court, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: $8468.60 to be paid by seller at closing
  • Public Record Gross Sq Ft: 1816
  • Directions: Route 156 to Connecticut Road to Massachusetts Road to Ridgewood Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch, Crawl Space
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Gutters, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Window Unit
  • Heat Type: Wall Unit
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Trash Pickup, Snow Removal, Road Maintenance
  • HOA Fees: 868
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1100
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: No
  • Zoning: R-10
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6004
  • Mil Rate Base: 23.500
  • Assessor Parcel Number: 1555885

MLS Schools

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $740,000 -4.5% $469 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $775,000 -- $491 / 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 $7,885 $485,800 $354,100 $131,700
2024 $6,234 $255,500 $182,600 $72,900
2023 $6,004 $255,500 $182,600 $72,900
2022 $6,004 $255,500 $182,600 $72,900
2021 $5,953 $255,500 $182,600 $72,900
2020 $5,928 $255,500 $182,600 $72,900
2019 $6,804 $303,600 $226,000 $77,600
2018 $6,652 $303,600 $226,000 $77,600
2017 $6,603 $303,600 $226,000 $77,600
2016 $6,436 $303,600 $226,000 $77,600
2015 $6,260 $303,600 $226,000 $77,600
2014 $6,295 $320,200 $240,400 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170516002

SmartMLS

APN: OLYM-000091-000000-000118

Your Personal Tour Guide

Ask me questions while you tour the home.