NOT LISTED FOR SALE

562 Lantern Hill Rd Ledyard, CT 06339

Estimated Value: $245,470 - $286,000

2 Beds
1 Bath
576 Sq Ft
$450/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $200,000 $347 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,771/month

78 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Attic
  • 3.4 Acre Lot

About This Home

As of November 2023

So much potential in this 2 Bedroom cottage nestled on 3+ acres of beautiful private land! Views of the wetland/marsh area provide a blissful backdrop and plenty of privacy from neighbors to enjoy your blissful retreat! The cottage currently is heated with a wood stove, and has a forced air system in place. The property has an outbuilding that has been used as an additional living space with a wood stove and beautiful real wood paneling and floors. Home is equipped with a whole house generator, and there is a carport that is currently being used for storage completely fenced in to secure any equipment. This home is perfect as a getaway retreat or everyday peaceful quiet living. Very close to walking trails, fishing, with quiet setting yet minutes away from Foxwoods and easy access to Route 2. Mystic, RI Border, 395, and 95 all less than 30 minutes away...bring your paintbrush and toolbox to make this home your customized retreat exactly the way you want it to be!

Last Agent to Sell the Property

Paula Turley

CR Premier Properties License #REB.0794370 Listed on: 06/12/2023

Last Buyer's Agent

Kristian Theodore

Stonington Realty, LLC License #RES.0822398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1945

Lot Details

  • 3.4 Acre Lot
  • Waterfront
  • Property is zoned R80

Parking

  • Dirt Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 576 Sq Ft Home
  • Water Views
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Rain Gutters

Schools

  • Gallup Hill Elementary School
  • Ledyard Middle School
  • Ledyard High School

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2438109

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Lantern Hill
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 576
  • Total Sq Ft: 576
  • Year Built: 1945
  • New Construction: No/Resale
  • Nearby Amenities: GOLF,LAKE,MEDI,PARK,STABLE
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1152
  • Directions: Route 214 to Lantern Hill Road or Route 184 to Lantern Hill Road
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: FULL,UNFIN,CONFL,STOR
  • Interior Amenities: Cable - Available
  • Appliances: None
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: CLAP,WOOD
  • Foundation Type: G,E
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Dirt
  • Garage And Parking: Carport

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: OIL,WOOD
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 GAL,ELEC
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 3.4
  • Lot Description: MAYSUBDIVIDABL,SOME,SEC,LEVEL
  • Zoning: R80
  • Parcel #: 2438109

Tax Info

  • Property Tax: 3984

MLS Schools

  • Elementary School: Gallup Hill
  • Middle Jr High School: Ledyard
  • High School: Ledyard

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Nov 1, 2023
Sold by
Bull Randy Est and Bull
Bought by
Newland Phillip D and Holbrrok Rachel
Seller's Agent
Paula Turley
CR Premier Properties
Buyer's Agent
Kristian Theodore
Stonington Realty, LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
507
Current Estimated Value
$270,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,132
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Mar 20, 2008
Sold by
Stimpson Properties Ll
Bought by
Bull Randy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Newland Phillip D $200,000 None Available
Bull Randy $168,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bull Randy $100,000
Previous Owner Bull Randy $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $200,000 -9.1% $347 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $220,000 -12.0% $382 / Sq Ft
06/12/2023 06/12/23 For Sale $250,000 -- $434 / 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 $4,303 $115,850 $58,660 $57,190
2024 $4,059 $115,290 $58,660 $56,630
2023 $3,984 $115,290 $58,660 $56,630
2022 $3,899 $115,290 $58,660 $56,630
2021 $3,874 $115,290 $58,660 $56,630
2020 $3,633 $103,880 $55,720 $48,160
2019 $3,642 $103,880 $55,720 $48,160
2018 $3,562 $103,880 $55,720 $48,160
2017 $3,380 $103,880 $55,720 $48,160
2016 $3,314 $103,880 $55,720 $48,160
2015 $3,158 $103,880 $55,720 $48,160
2014 $3,355 $112,210 $58,660 $53,550
Source: Public Records

Agents Affiliated with this Home

  • Paula Turley

    Seller's Agent in 2023

    Paula Turley

    CR Premier Properties

    (860) 884-2631

    33 in this area

    132 Total Sales

    Paula Turley
    Section Image
  • Kristian Theodore

    Buyer's Agent in 2023

    Kristian Theodore

    Stonington Realty, LLC

    (860) 501-0914

    2 in this area

    7 Total Sales

    Kristian Theodore
    Section Image
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Map

Source: SmartMLS

MLS Number: 170575912

SmartMLS

APN: LEDY-000089-001210-000562

Connecticut New London County Ledyard 06339

562 Lantern Hill Rd, Ledyard, CT

Not Listed for Sale

Detached

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