NOT LISTED FOR SALE

58 & 60 Swan Ave Old Lyme, CT 06371

Estimated Value: $391,300 - $866,000

5 Beds
2.5 Baths
1,512 Sq Ft
$359/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $405,000 $268 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,229/month

218 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Screened Porch
  • Lyme Consolidated School Rated A-
  • No HOA
  • Cottage

About This Home

As of October 2018

A very unique vacation property in the charming coastal town of Old Lyme. This double-lot features a house and two cottages, all within a short distance to the beach and many other amenities and attractions. The house has three bedrooms and one and a half bathrooms with a screened in porch and balcony with views of the ocean. Both cottages feature two bedrooms, a bathroom, kitchen, and screened in porch. The larger of the two cottages also features a loft for additional storage or an additional sleeping space.
Just a short walk to Old Lyme's Soundview Beach, you can enjoy your lazy summer days relaxing in the sand, fishing, or swimming. This property is in a prime location as entertainment and eats are all accessible by foot. The Carousel Shop, a well-known gem to this area, offers carousel rides and J.J. Lawsen's Gourmet Ice Cream. Vecchitto's Italian Ice, The Pavilion, Lenny's on the Beach and much more are all within a few minutes walk! The property is sure to bring memories that will last a lifetime! Should you choose to rent out the property, this listing boasts years of loyal renters; a great investment either way!

Last Agent to Sell the Property

Lisa Novakowski

Better Living Realty, LLC License #RES.0805911 Listed on: 01/22/2018

Last Buyer's Agent

Jennifer Quagliano

Pearce Real Estate License #RES.0806772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,895

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Property is zoned SF

Home Design

  • Cottage
  • Gable Roof Shape
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Outdoor Grill

Location

  • Property is near a golf course

Utilities

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

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,895

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1512
  • Total Sq Ft: 1512
  • Year Built: 1940
  • Nearby Amenities: Bocci Court, Golf Course
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 156 to Swan Avenue. At the second stop sign, take a right into the driveway.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No
  • Street Number Modifier: 58 & 60

Exterior Features

  • Exterior Features: Balcony, Grill, Porch-Enclosed, Porch-Screened
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Waterfront Description: Association Optional, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: Water View, Level Lot
  • Flood Zone: No
  • Zoning: SF
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 7895
  • Total Assessed Value: 363000
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1555078

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $405,000 -14.7% $268 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
07/15/2018 07/15/18 Price Changed $475,000 -5.0% $314 / Sq Ft
05/10/2018 05/10/18 Price Changed $499,990 -4.8% $331 / Sq Ft
01/22/2018 01/22/18 For Sale $525,000 -- $347 / 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 $4,333 $267,000 $165,600 $101,400
2024 $3,728 $152,800 $91,100 $61,700
2023 $3,591 $152,800 $91,100 $61,700
2022 $3,591 $152,800 $91,100 $61,700
2021 $3,560 $152,800 $91,100 $61,700
2020 $3,545 $152,800 $91,100 $61,700
2019 $3,420 $152,600 $105,300 $47,300
2018 $3,343 $152,600 $105,300 $47,300
2017 $3,319 $152,600 $105,300 $47,300
2016 $3,235 $152,600 $105,300 $47,300
2015 $3,147 $152,600 $105,300 $47,300
2014 $3,047 $155,000 $103,900 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170045074

SmartMLS

APN: OLYM-000080-000000-000051