NOT LISTED FOR SALE

6 Bailey Rd Old Lyme, CT 06371

Estimated Value: $431,000 - $570,000

3 Beds
2 Baths
1,632 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $391,000 $240 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,100/month

4 Days on Market

Highlights

  • 0.88 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • Mile Creek School Rated A
  • Attic
  • Baseboard Heating

About This Home

As of May 2024

This classic Gambrel cape offers three bedrooms, two full baths plus a sun filled bonus room. This residence features a level yard on almost an acre of land with fruit trees and fenced dog run. Attached garage, shed and full unfinished basement for all your hobbies. You will enjoy, living close to the beach and shopping. A great starter or retirement home with first floor bedroom in a quiet friendly neighborhood perfect for strolling.

Last Agent to Sell the Property

Judy Halleran

RE/MAX on the Bay License #RES.0755488 Listed on: 03/28/2024

RE/MAX on the Bay

Last Buyer's Agent

Terry McDonald

McDonald Real Estate, LLC License #REB.0792448

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1977

Lot Details

  • 0.88 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Schools

  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1552625

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,364

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1632
  • Total Sq Ft: 1632
  • Year Built: 1977
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Gps
  • Financing Used: Cash
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Auto Garage Door Opener, Cable - Available
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 6A
  • Other SqFt Description: add'l 300 sf sunroom

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.88
  • Lot Description: Level Lot
  • Zoning: Residential
  • Parcel #: 1552625

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4364
  • Total Assessed Value: 185000
  • Mil Rate Total: 23.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 2, 2024
Sold by
Discipio Shirley E Est and Pierpont
Bought by
Battista Olivia R and Battista Shane
Seller's Agent
Judy Halleran
RE/MAX on the Bay
Buyer's Agent
Terry McDonald
McDonald Real Estate, LLC
List Price
$365,000
Sold Price
$391,000
Premium/Discount to List
$26,000
7.12%
Views
141
Current Estimated Value
$481,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,687
Avg. Annual Appreciation
20.90%
Original Mortgage
$344,081
Outstanding Balance
$339,876
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,683
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
Battista Olivia R $391,001 None Available
Battista Olivia R $391,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battista Olivia R $344,081
Closed Battista Olivia R $344,081
Previous Owner Discipio Frederick $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $391,000 +7.1% $240 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $365,000 -- $224 / 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 $5,543 $341,500 $104,300 $237,200
2024 $4,531 $185,700 $72,400 $113,300
2023 $4,364 $185,700 $72,400 $113,300
2022 $4,364 $185,700 $72,400 $113,300
2021 $4,327 $185,700 $72,400 $113,300
2020 $4,308 $185,700 $72,400 $113,300
2019 $4,247 $189,500 $76,300 $113,200
2018 $4,152 $189,500 $76,300 $113,200
2017 $4,122 $189,500 $76,300 $113,200
2016 $4,017 $189,500 $76,300 $113,200
2015 $3,907 $189,500 $76,300 $113,200
2014 $3,849 $195,800 $79,700 $116,100
Source: Public Records

Agents Affiliated with this Home

  • Judy Halleran

    Seller's Agent in 2024

    Judy Halleran

    RE/MAX

    (860) 625-5262

    1 in this area

    80 Total Sales

    Section Image
  • Terry McDonald

    Buyer's Agent in 2024

    Terry McDonald

    McDonald Real Estate, LLC

    (860) 710-1645

    5 in this area

    42 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 24005767

SmartMLS

APN: OLYM-000044-000000-000020

Connecticut New London County Old Lyme 06371

6 Bailey Rd, Old Lyme, CT

This home is located at 6 Bailey Rd, Old Lyme, CT 06371 since 28 March 2024 and is currently estimated at $497,559, approximately $304 per square foot. This property was built in 1977. 6 Bailey Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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