NOT LISTED FOR SALE

57 Hillcrest Rd Old Lyme, CT 06371

Estimated Value: $541,000 - $665,000

4 Beds
1.5 Baths
1,010 Sq Ft
$593/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $410,000 $406 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,810/month

128 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Tennis Courts
  • Mile Creek School Rated A
  • Deck
  • Walking Distance to Water

About This Home

As of February 2022

Charming seasonal home in sought after Point O Woods Beach Association. 4 Bedrooms allows you to host 10+ guests. Recently updated kitchen. New Vinyl plank flooring on the first level perfect for summer beach living. Large deck overlooking large backyard. Inside only has a 1/2 bath. Shower and dressing room in the lower level with outside access only, which is perfect for sandy days back from the beach. Cozy front porch for those rainy mornings. Short walk to the private beach, tennis, basketball, bocci ball, boat basin, boat launch and Summer security. Listing agent has financial interest in property.

Last Agent to Sell the Property

Amy Rio

Executive Real Estate Inc. License #REB.0788717 Listed on: 07/26/2021

Executive Real Estate Inc.

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717 Listed on: 07/26/2021

Executive Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,728

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot
  • Beach Front
  • Sloped Lot
  • Property is zoned r-10

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • Partial Basement
  • Storm Doors
  • Laundry on lower level

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Deck
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Enclosed patio or porch

Schools

  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,728

Year Built

Built in 1939

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1010
  • Public Record Living Room Sq Ft: 1010
  • Total Sq Ft: 1010
  • Year Built: 1939
  • Association Amenities: Basketball Court, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2160
  • Directions: gps friendly
  • 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
  • Basement Description: Partial
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Range Hood, Refrigerator
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 57

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Gravel

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: sewer assessment twice a year $611.00 total $1222.00
  • Sewer Usage Fee Annual: 350

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Road Maintenance
  • HOA Fees: 602
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.1400
  • Lot Description: Sloping Lot
  • Flood Zone: No
  • Zoning: r-10
  • Property Info: Gated Community

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4728
  • Total Assessed Value: 202900
  • Mil Rate Base: 23.300
  • Mil Rate Total: 23.300
  • Assessor Parcel Number: 1556015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 18, 2022
Sold by
Brooks Lois J and Antil Margaret B
Bought by
Summers Brianne G
Seller's Agent
Amy Rio
Executive Real Estate Inc.
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$499,900
Sold Price
$410,000
Premium/Discount to List
-$89,900
-17.98%
Total Days on Market
128
Current Estimated Value
$599,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,121
Avg. Annual Appreciation
12.10%
Original Mortgage
$389,500
Outstanding Balance
$365,100
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,021
Source: Public Records

Range of Values:

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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
Summers Brianne G $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Brianne G $389,500
Previous Owner Spiller Leroy W $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $410,000 -8.7% $406 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/11/2021 10/11/21 Price Changed $449,000 -10.2% $445 / Sq Ft
07/26/2021 07/26/21 For Sale $499,900 -- $495 / 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
2024 $4,951 $202,900 $130,000 $72,900
2023 $4,768 $202,900 $130,000 $72,900
2022 $4,768 $202,900 $130,000 $72,900
2021 $4,728 $202,900 $130,000 $72,900
2020 $4,707 $202,900 $130,000 $72,900
2019 $5,042 $225,000 $160,900 $64,100
2018 $4,930 $225,000 $160,900 $64,100
2017 $4,894 $225,000 $160,900 $64,100
2016 $4,770 $225,000 $160,900 $64,100
2015 $4,640 $225,000 $160,900 $64,100
2014 $4,693 $238,700 $170,200 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170423143

SmartMLS

APN: OLYM-000093-000000-000076