NOT LISTED FOR SALE

57 Coult Ln Old Lyme, CT 06371

Estimated Value: $733,000 - $1,078,000

3 Beds
3 Baths
2,533 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $545,000 $215 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,433/month

32 Days on Market

Highlights

  • River Front
  • 2.31 Acre Lot
  • 2 Fireplaces
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Corner Lot

About This Home

As of September 2016

Exquisite, beautifully-renovated shingle cape in a picture perfect setting. Maple, granite kitchen appointed with DCS gas cook top, Bosch and Monogram appliances. Wainscoting, crown molding, built ins, Jeld Wen Windows and hardwoods abound. The kitchen opens nicely to the formal dining and living rooms and great room for wonderful flow. Fireplaces are found in the living room and den. A first floor private den/office is located next to a full bath--making for nice guest quarters. A laundry and mudroom finish the first floor. Climbing a gentle turned stair to find three generous bedrooms including the master bedroom. All bathrooms feature granite and tile and glass surrounds. French doors from the living room and great room lead to a bluestone patio with built-in grilling area. The home is a short walk to the public Tantummaheag Landing overlooking Lord's Cove -- perfect for paddling or viewing the swallow migration. Very convenient to Old Lyme Village amenities. A truly wonderful spot located just 2 hours from New York and Boston. 50 minutes to Hartford.

Last Agent to Sell the Property

Nancy Mesham

Coldwell Banker Realty License #RES.0760007 Listed on: 05/22/2016

Coldwell Banker Realty

Last Buyer's Agent

Melissa Pardi

William Pitt Sotheby's Int'l License #RES.0796435

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,394

Year Built

  • Built in 1974

Lot Details

  • 2.31 Acre Lot
  • River Front
  • Stone Wall
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Cedar Siding

Interior Spaces

  • 2,533 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Shed
  • Outdoor Grill

Schools

  • Pboe Elementary School
  • Lyme -Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Underground Utilities
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Garage
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,394

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cape Cod
  • Total Sq Ft: 2533
  • Year Built: 1974
  • Nearby Amenities: Public Trash Pickup
  • Easements Right Of Way: Utility
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 95 North exit 70. Left on Neck Road (Rte. 156 N), Left on Tantummaheag, Right on Coult. Home on corner of Coult and Tantummaheag.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available, Auto Garage Door Opener, Security System
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: First Floor
  • Attic: No

Exterior Features

  • Exterior Features: Grill, Patio, Shed, Stone Wall, Underground Utilities
  • Exterior Siding: Cedar
  • Waterfront Description: Access, River, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt, Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Lyme -Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 2.3065
  • Lot Description: Corner Lot, Level Lot, Open Lot, Professionally Landscaped
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 7394
  • Assessor Parcel Number: 1552032

MLS Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2016
Closed on
Sep 19, 2016
Sold by
Allen Susan R
Bought by
Riffle Sheila A and Iacobellis Linda M
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Melissa Pardi
William Pitt Sotheby's Int'l
List Price
$567,500
Sold Price
$545,000
Premium/Discount to List
-$22,500
-3.96%
Current Estimated Value
$895,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,404
Avg. Annual Appreciation
5.54%
Original Mortgage
$490,500
Outstanding Balance
$389,662
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$505,742

Purchase Details

Closed on
Apr 1, 2013
Sold by
Berry Chapman and Champman Nicole G
Bought by
Reichart Gay B

Purchase Details

Closed on
Jun 8, 1994
Sold by
Lathrop Diana M
Bought by
Berry Chapman and Berry Nicole G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Riffle Sheila A $545,000 --
Reichart Gay B $550,000 --
Berry Chapman $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Chapman $490,500
Previous Owner Berry Chapman $46,000
Previous Owner Berry Chapman $175,000
Previous Owner Berry Chapman $99,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $545,000 -4.0% $215 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
05/22/2016 05/22/16 For Sale $567,500 -- $224 / 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 $8,842 $544,800 $136,300 $408,500
2024 $8,713 $357,100 $110,100 $247,000
2023 $8,392 $357,100 $110,100 $247,000
2022 $8,392 $357,100 $110,100 $247,000
2021 $8,320 $357,100 $110,100 $247,000
2020 $8,285 $357,100 $110,100 $247,000
2019 $7,864 $350,900 $110,100 $240,800
2018 $7,688 $350,900 $110,100 $240,800
2017 $7,586 $348,800 $110,100 $238,700
2016 $7,395 $348,800 $110,100 $238,700
2015 $7,192 $348,800 $110,100 $238,700
2014 $5,882 $299,200 $105,300 $193,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10136821

SmartMLS

APN: OLYM-000027-000000-000047