$550,000
SOLD SEP 7, 2016

57 Billow Rd Old Lyme, CT 06371

4 Beds
1.5 Baths
1,492 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$369 Per Sq Ft

8% Below List Price

659 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Attic
  • Mile Creek School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of March 2023

Water view - Old Lyme Shores home - very short walk to sandy beach on Long Island Sound. Views, 4 bdrms, LR with fireplace, builtins, wood floors, ample closets, enclosed porch. Private yard, deck, patio, playscape, outside hot/cold shower. Finished third level. A great value. Great location. Immaculate and easy to show. Elevation certificate available in attached documents.

Last Agent to Sell the Property

Marguerite Mattison

Coldwell Banker Realty License #RES.0442581 Listed on: 09/09/2014

Coldwell Banker Realty

Last Buyer's Agent

Laureen Kennedy

Coldwell Banker Realty License #RES.0761569

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,393

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Level Lot

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storage In Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Parking Deck
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Schools

  • Mile Creek Elementary School
  • Lol Middle School
  • Lol High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Old Lyme Shores Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,393

Year Built

Built in 1930

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 1492
  • Year Built: 1930
  • Nearby Amenities: Public Trash Pickup
  • Direct Waterfront: No
  • Directions: Rt 156 to Billow rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Storage Space
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Cable - Available, Central Vacuum, Security System
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 57

Exterior Features

  • Exterior Features: Deck, Patio
  • Exterior Siding: Wood
  • Waterfront Description: Association Required, Beach, Beach Rights, L. I. Sound Frontage, View, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well, Public Water In Street
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 1300
  • HOA Fee Frequency: Annually

Schools

  • Elementary School: Mile Creek
  • High School: Lol
  • Intermediate School: Lol

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 8393
  • Total Assessed Value: 395900
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1555272

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lol

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 28, 2023
Sold by
Rydzye Paulette
Bought by
Derosa William J and Derosa Kim M
Seller's Agent
Laureen Kennedy
Coldwell Banker Realty
Buyer's Agent
Liz Squillacote
William Pitt Sotheby's Int'l
List Price
$1,400,000
Sold Price
$925,000
Premium/Discount to List
-$475,000
-33.93%
Views
214
Current Estimated Value
$1,155,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,957
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Sep 9, 2014
Closed on
Sep 8, 2016
Sold by
Richardson David S and Kimbara-Richardson Yukari
Bought by
Rydzy Paulette
Seller's Agent
Marguerite Mattison
Coldwell Banker Realty
Buyer's Agent
Laureen Kennedy
Coldwell Banker Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Aug 1, 2003
Sold by
Wainright William and Wainright Linda
Bought by
Richardson David and Kimbara-Richardson Yukari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $925,000 None Available
Warranty Deed $550,000 --
Warranty Deed $525,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $392,000 No Value Available
Previous Owner $540,000 No Value Available
Previous Owner $420,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $925,000 -6.1% $569 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $985,000 -17.9% $606 / Sq Ft
01/30/2023 01/30/23 Price Changed $1,200,000 -14.3% $738 / Sq Ft
01/15/2023 01/15/23 For Sale $1,400,000 +154.5% $861 / Sq Ft
09/07/2016 09/07/16 Sold $550,000 -8.2% $369 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
09/09/2014 09/09/14 For Sale $599,000 0.0% $401 / Sq Ft
11/01/2012 11/01/12 Rented $1,200 0.0% --
10/27/2012 10/27/12 Under Contract -- -- --
09/27/2012 09/27/12 For Rent $1,200 +9.1% --
03/21/2012 03/21/12 Rented $1,100 0.0% --
03/19/2012 03/19/12 Under Contract -- -- --
10/10/2011 10/10/11 For Rent $1,100 -- --
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 $12,414 $764,900 $612,200 $152,700
2024 $12,232 $501,300 $402,300 $99,000
2023 $11,781 $501,300 $402,300 $99,000
2022 $11,781 $501,300 $402,300 $99,000
2021 $11,680 $501,300 $402,300 $99,000
2020 $11,630 $501,300 $402,300 $99,000
2019 $9,031 $403,000 $309,500 $93,500
2018 $8,830 $403,000 $309,500 $93,500
2017 $8,611 $395,900 $309,500 $86,400
2016 $8,393 $395,900 $309,500 $86,400
2015 $8,163 $395,900 $309,500 $86,400
2014 $11,527 $586,300 $499,100 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N354582

SmartMLS

APN: OLYM-000081-000000-000038