NOT LISTED FOR SALE

59 Neck Rd Old Lyme, CT 06371

Estimated Value: $1,456,000 - $1,787,667

5 Beds
3.5 Baths
4,735 Sq Ft
$343/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,100,000 $232 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,524/month

84 Days on Market

Highlights

  • Barn
  • Tennis Courts
  • 3.27 Acre Lot
  • Mile Creek School Rated A
  • Waterfront
  • Colonial Architecture

About This Home

As of June 2021

Your own little world, yet close to everything! Beautifully sited on a knoll overlooking the Connecticut River on 3.26 acres. Built in 1716 by Benjamin Mather, artists arrived to paint the picturesque landscapes of old fields and rock ledges. Landscape Painter Allen Butler Talcott purchased the property in 1904 and remodeled & expanded the house, adding a painting studio with soaring ceilings and northern light. The spacious Farmhouse includes 4700 sq.ft. which includes, 12 rooms, 4/5 BRs, a two room in-home office with separate entry and a second floor apartment, ideal for an au-pair or caretaker. Also included on this little compound is a detached 2 car garage with attic, a post & beam garden shed and a 25x50 barn. Access to kayak/canoe storage on the CT River and association tennis court. The house is just waiting for your kitchen and bathroom updates. One of the most beautiful areas to live, where the CT River meets L.I. Sound. A truly historic property in a wonderful location near the Old Lyme Marina, Historic District, restaurants & art galleries. Convenient o highways, Amtrak train station, and only 2 hours to New York or Boston.

Last Agent to Sell the Property

Laurie Walker

William Pitt Sotheby's Int'l License #RES.0417234 Listed on: 03/01/2021

William Pitt Sotheby's Int'l

Co-Listed By

Eric Engdall

Coldwell Banker Realty License #RES.0784322

Last Buyer's Agent

Julia Rathkey

Coldwell Banker Realty License #RES.0793364

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,885

Year Built

  • Built in 1716

Lot Details

  • 3.27 Acre Lot
  • Waterfront
  • Stone Wall
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned RU80

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,735 Sq Ft Home
  • 5 Fireplaces
  • Entrance Foyer
  • Sitting Room
  • Bonus Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Tennis Courts
  • Patio

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Separate Entry Quarters
  • Property is near a golf course
  • Barn

Community Details

Overview

  • Talcott Farm Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,885

Year Built

Built in 1716

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 4735
  • Public Record Living Room Sq Ft: 4735
  • Total Sq Ft: 4735
  • Year Built: 1716
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Paddle Tennis, Tennis Courts
  • In Law Access: Separate Entry
  • Association Amenities: Tennis Courts
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7655
  • Directions: Neck Road (Route 156) to 59 Neck Road to One Talcott Farm Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 5
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Sitting Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 59

Exterior Features

  • Exterior Features: Barn, Patio, Stone Wall, Tennis Court
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: Access, Association Optional, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 900
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 3.2700
  • Lot Description: Open Lot, Lightly Wooded, Sloping Lot
  • Zoning: RU80

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 13885
  • Total Assessed Value: 598500
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1551687

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 4, 2021
Sold by
Talcott Whitney A and Talcott Lisa M
Bought by
Cooley Jeffrey W and Cooley Elizabeth B
Seller's Agent
Laurie Walker
William Pitt Sotheby's Int'l
Buyer's Agent
Julia Rathkey
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Current Estimated Value
$1,621,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,834
Avg. Annual Appreciation
9.31%
Source: Public Records

Range of Values:

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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
Cooley Jeffrey W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $1,100,000 -12.0% $232 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/10/2021 04/10/21 Price Changed $1,250,000 -7.4% $264 / Sq Ft
03/01/2021 03/01/21 For Sale $1,350,000 -- $285 / 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 $23,321 $1,436,900 $601,600 $835,300
2024 $16,568 $679,000 $286,300 $392,700
2023 $15,957 $679,000 $286,300 $392,700
2022 $12,615 $536,800 $286,300 $250,500
2021 $13,945 $598,500 $286,300 $312,200
2020 $13,885 $598,500 $286,300 $312,200
2019 $16,267 $725,900 $338,400 $387,500
2018 $15,904 $725,900 $338,400 $387,500
2017 $15,788 $725,900 $338,400 $387,500
2016 $15,389 $725,900 $338,400 $387,500
2015 $14,968 $725,900 $338,400 $387,500
2014 $17,322 $881,100 $455,500 $425,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170355685

SmartMLS

APN: OLYM-000021-000000-000040