Seller's Agent in 2023
Matt Merritt
William Pitt
(860) 729-2590
5 in this area
19 Total Sales
58 Billow Rd Old Lyme, CT 06371
Estimated Value: $1,042,000 - $1,161,000
3
Beds
1.5
Baths
1,364
Sq Ft
$817/Sq Ft
Est. Value
Highlights
- Attic
- 1 Fireplace
- Security Service
- Mile Creek School Rated A
- Cottage
- Shed
About This Home
As of July 2023Welcome to "Water-View". Location, location, location. Located in the desirable beach community of Old Lyme Shores, this home is literally steps to one of the nicest private beaches in Old Lyme. It is hard to get closer to the beach without being in a flood-zone. Located on a gentle rise, this home has views from nearly every room. The rare double lot is ideal for hosting family parties, cookouts and yard games with plenty of parking. The professionally landscaped gardens throughout the property are stunning. After a long day on the beach, store your beach toys/chairs in the outside shed, rinse off in the outdoor shower and enjoy a drink on the patio overlooking Long Island Sound. An abundance of windows on the first floor allow natural sunlight to flood the large open floor plan. A large bay window in the dining room make for long and enjoyable dinners. OLS Beach Association includes security (only residents and their guests allowed through the gates), Friday night movies on the beach, carousel night, 4th of July festivities and daily professional beach cleaning. A great place to make lifetime memories with friends and family. Don't miss this extremely rare opportunity to own your own beach house at OLS.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0814552 Listed on: 04/27/2023
Last Buyer's Agent
William Pitt Sotheby's Int'l License #RES.0814552 Listed on: 04/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,728
Year Built
- Built in 1927
Lot Details
- 7,841 Sq Ft Lot
- Garden
- Property is zoned R-10
HOA Fees
- $79 Monthly HOA Fees
Home Design
- Cottage
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,364 Sq Ft Home
- 1 Fireplace
- Crawl Space
- Attic or Crawl Hatchway Insulated
Kitchen
- Oven or Range
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Electric Dryer
Parking
- 1 Car Garage
- Private Driveway
Outdoor Features
- Shed
- Rain Gutters
Location
- Property is near a golf course
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1555287
Community Details
Overview
- Association fees include lake/beach access, security service, trash pickup, snow removal, property management, road maintenance, insurance
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
Jul 6, 2023
Sold by
Beal Barbara H and Beal Charles L
Bought by
Linderman Jean and Merritt Jessica
Seller's Agent
Matt Merritt
William Pitt Sotheby's Int'l
Buyer's Agent
Matt Merritt
William Pitt Sotheby's Int'l
List Price
$990,000
Sold Price
$975,000
Premium/Discount to List
-$15,000
-1.52%
Views
211
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,465
Avg. Annual Appreciation
5.04%
Purchase Details
Closed on
Sep 17, 2018
Sold by
Beal Barbara H
Bought by
Beal Barbara H and Beal Charles L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Linderman Jean | $975,000 | None Available | |
| Beal Barbara H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Beal Barbara | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2023 07/06/23 | Sold | $975,000 | -1.5% | $715 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/08/2023 05/08/23 | For Sale | $990,000 | -- | $726 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $12,971 | $799,200 | $609,800 | $189,400 |
| 2024 | $13,215 | $541,600 | $454,100 | $87,500 |
| 2023 | $12,728 | $541,600 | $454,100 | $87,500 |
| 2022 | $12,728 | $541,600 | $454,100 | $87,500 |
| 2021 | $12,619 | $541,600 | $454,100 | $87,500 |
| 2020 | $12,565 | $541,600 | $454,100 | $87,500 |
| 2019 | $9,690 | $432,400 | $349,300 | $83,100 |
| 2018 | $9,474 | $432,400 | $349,300 | $83,100 |
| 2017 | $9,405 | $432,400 | $349,300 | $83,100 |
| 2016 | $9,167 | $432,400 | $349,300 | $83,100 |
| 2015 | $8,916 | $432,400 | $349,300 | $83,100 |
| 2014 | $11,122 | $565,700 | $489,000 | $76,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Merritt
Map
Source: SmartMLS
MLS Number: 170565096
APN: OLYM-000081-000000-000053
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