NOT LISTED FOR SALE

59 Old Colony Rd Old Lyme, CT 06371

Estimated Value: $551,346 - $705,000

4 Beds
1 Bath
1,182 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $330,000 $279 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,823/month

7 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Sitting Room
  • Mile Creek School Rated A
  • Colonial Architecture
  • Enclosed Patio or Porch

About This Home

As of May 2018

Steps to white sandy private beach. Old Colony Beach is the widest and most expansive beach and is known to be one of the nicest beaches in the area. The Association provides activities for everyone throughout the summer. Private and gated entry to the beach area makes it perfect for bike riding and nice walks. Homes in this area rarely come on the market. This home features 4 large bedrooms, family room, dining room and eat in kitchen. Spacious back yard with enough parking for your guests and boat. The front sun porch has loads of windows and natural light. It is spacious and perfect for entertaining. This home is a definate must see.

Last Agent to Sell the Property

Deb Boyd

Coldwell Banker Realty License #RES.0798585 Listed on: 03/06/2018

Coldwell Banker Realty

Last Buyer's Agent

Deb Boyd

Coldwell Banker Realty License #RES.0798585 Listed on: 03/06/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,256

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Ocean Front
  • Home fronts a sound
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 1,182 Sq Ft Home
  • Sitting Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Enclosed Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

  • Window Unit Cooling System
  • No Heating
  • Electric Water Heater

Community Details

  • Old Colony Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,256

Year Built

Built in 1930

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1182
  • Public Record Living Room Sq Ft: 1182
  • Total Sq Ft: 1182
  • Year Built: 1930
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1932
  • Directions: Shore Road to Old Colony Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Additional Rooms: Sitting Room
  • Attic: No
  • Street Number Modifier: 59

Exterior Features

  • Exterior Features: Grill, Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage, Ocean Frontage, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Block

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Window Unit
  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 640
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot, Fence - Full
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-10
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4256
  • Total Assessed Value: 195700
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1555084

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 7, 2018
Sold by
Bordonaro Paul T and Bordonaro Natalie M
Bought by
Koziol Joseph and Koziol Diane L
Seller's Agent
Deb Boyd
Coldwell Banker Realty
Buyer's Agent
Deb Boyd
Coldwell Banker Realty
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$609,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,587
Avg. Annual Appreciation
8.65%
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
Koziol Joseph $330,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $330,000 -5.7% $279 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $349,900 -- $296 / 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 $6,313 $389,000 $226,100 $162,900
2024 $5,229 $214,300 $129,600 $84,700
2023 $5,036 $214,300 $129,600 $84,700
2022 $5,036 $214,300 $129,600 $84,700
2021 $4,993 $214,300 $129,600 $84,700
2020 $4,972 $214,300 $129,600 $84,700
2019 $4,386 $195,700 $115,200 $80,500
2018 $4,288 $195,700 $115,200 $80,500
2017 $4,256 $195,700 $115,200 $80,500
2016 $4,149 $195,700 $115,200 $80,500
2015 $4,035 $195,700 $115,200 $80,500
2014 $5,086 $258,700 $178,900 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170056800

SmartMLS

APN: OLYM-000080-000000-000056