NOT LISTED FOR SALE

59 Brightwater Rd Old Lyme, CT 06371

Estimated Value: $864,000 - $1,349,000

4 Beds
2 Baths
1,296 Sq Ft
$834/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $500,000 $386 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,735/month

216 Days on Market

Highlights

  • Beach Front
  • Gated Community
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • 1 Fireplace

About This Home

As of April 2014

Close enough to the beach to hear the waves and and smell the salt air, from this solid brick 4br 2ba beach house.The porch,34'x19'deck,patio awenings enhances living the life at old lyme shores. Contents are included, oil heat permits use into the fall

Last Agent to Sell the Property

Kathleen Murphy

Coldwell Banker Realty License #RES.0752903 Listed on: 07/26/2013

Last Buyer's Agent

Joel Lucas

Coldwell Banker Realty License #RES.0771226

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,477

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Seasonal Access to Property
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Home Security System

Kitchen

  • Oven or Range
  • Indoor Grill
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Schools

  • Mile Creek Elementary School
  • Lyme Old Lyme High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Old Lyme Shores Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,477

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 1296
  • Year Built: 1950
  • Directions: Route 156 (shore rd)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Crawl Space
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Counter Grill, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: First Floor
  • Attic: Yes

Exterior Features

  • Exterior Features: Grill, Patio, Porch, Storage Building
  • Exterior Siding: Brick, Vinyl Siding
  • Waterfront Description: Access, Association Required, Beach, Beach Rights, L. I. Sound Frontage
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Asphalt

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Property Info: Gated Community, Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 11477
  • Assessor Parcel Number: 1555241

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Apr 25, 2014
Sold by
Dethomas Anthony V Est
Bought by
Cumello Jean and Cumello Charles
Seller's Agent
Kathleen Murphy
Coldwell Banker Realty
Buyer's Agent
Joel Lucas
Coldwell Banker Realty
List Price
$649,000
Sold Price
$500,000
Premium/Discount to List
-$149,000
-22.96%
Current Estimated Value
$1,080,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,235
Avg. Annual Appreciation
6.86%
Original Mortgage
$350,000
Outstanding Balance
$105,417
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$974,818

Purchase Details

Closed on
Aug 17, 1994
Sold by
Lorenson Laura L
Bought by
Dethomas Anthony and Dethomas Carolyn R
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
Cumello Jean $500,000 --
Dethomas Anthony $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dethomas Anthony $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $500,000 -23.0% $386 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
07/26/2013 07/26/13 For Sale $649,000 -- $501 / 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 $12,560 $773,900 $606,600 $167,300
2024 $11,793 $483,300 $398,700 $84,600
2023 $11,358 $483,300 $398,700 $84,600
2022 $11,358 $483,300 $398,700 $84,600
2021 $11,261 $483,300 $398,700 $84,600
2020 $11,213 $483,300 $398,700 $84,600
2019 $8,812 $393,200 $306,600 $86,600
2018 $8,615 $393,200 $306,600 $86,600
2017 $8,552 $393,200 $306,600 $86,600
2016 $8,336 $393,200 $306,600 $86,600
2015 $8,108 $393,200 $306,600 $86,600
2014 $11,692 $594,700 $494,600 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: M9142290

SmartMLS

APN: OLYM-000081-000000-000007