62 Arbor Crossing East Lyme, CT 06333
Estimated Value: $868,000 - $1,030,000
4
Beds
2.5
Baths
4,092
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Colonial Architecture
- Attic
- East Lyme Middle School Rated A-
- Clubhouse
- 1 Fireplace
About This Home
As of October 2023Welcome home! This gorgeous 2 story colonial situated in the desirable Orchards of East Lyme neighborhood has been meticulously maintained since its construction in 2016. The open plan on the main floor boasts a beautifully appointed kitchen, eat in area, formal dining room, living room and a study/ office. There are upgrades throughout, to include decorative trip and tray ceiling in several rooms. Upstairs: four very generously sized bedrooms, including a primary suite, a second full bathroom with tub, and a laundry room. The spacious 3 car attached garage enters into a sizable mudroom off the kitchen with access to a half-bath and pantry. 9-foot ceilings throughout (even in the basement) with decorative ceiling trays in several rooms. The Orchards offers an impressive trail access to explore nature and exercise, a clubhouse, with a heated pool, exercise room, tennis and basketball courts. This home is a short distance to the beaches and parks of the Connecticut shoreline. Copy and paste the link in a browser for the virtual tour https://my.matterport.com/show/?m=QuoRkXQc7QF&
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,320
Year Built
- Built in 2016
Lot Details
- 0.71 Acre Lot
- Open Lot
- Sloped Lot
- Cleared Lot
- Property is zoned R40
HOA Fees
- $70 Monthly HOA Fees
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
- Radon Mitigation System
Interior Spaces
- Open Floorplan
- 1 Fireplace
- Entrance Foyer
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Kitchen
- Built-In Oven
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in Mud Room
- Laundry Room
- Laundry on upper level
Home Security
- Home Security System
- Smart Thermostat
Parking
- 3 Car Attached Garage
- Automatic Garage Door Opener
- Private Driveway
Outdoor Features
- Patio
- Exterior Lighting
Schools
- East Lyme Middle School
- East Lyme High School
Utilities
- Central Air
- Heating System Uses Propane
- Underground Utilities
- Tankless Water Heater
- Fuel Tank Located in Ground
- Cable TV Available
Community Details
Overview
- Association fees include club house, tennis, property management, pool service
- The Orchards Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Pickleball Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2023
Closed on
Oct 16, 2023
Sold by
Patel Nilam
Bought by
Das Mithun
Seller's Agent
Jeffrey Lame
IMT Realty
Buyer's Agent
Ann Carpenter
RE/MAX on the Bay
List Price
$850,000
Sold Price
$864,000
Premium/Discount to List
$14,000
1.65%
Total Days on Market
5
Views
65
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
$87,138
Avg. Annual Appreciation
7.51%
Original Mortgage
$691,200
Outstanding Balance
$682,646
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$288,862
Purchase Details
Closed on
Apr 12, 2022
Sold by
Patel Nilam
Bought by
Patel Nilam
Purchase Details
Closed on
Mar 30, 2021
Sold by
Patel Bhaveshkumar
Bought by
Patel Nilam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
2.3%
Mortgage Type
Balloon
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Similar Homes in East Lyme, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Das Mithun | $864,000 | None Available | |
| Das Mithun | $864,000 | None Available | |
| Patel Nilam | -- | None Available | |
| Patel Nilam | -- | None Available | |
| Patel Nilam | -- | None Available | |
| Patel Nilam | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Das Mithun | $691,200 | |
| Closed | Das Mithun | $691,200 | |
| Previous Owner | Patel Nilam | $374,000 | |
| Previous Owner | Patel Bhaveshkumar | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $864,000 | +1.6% | $211 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/19/2023 08/19/23 | For Sale | $850,000 | +41.1% | $208 / Sq Ft |
| 10/07/2016 10/07/16 | Sold | $602,292 | +1.7% | $215 / Sq Ft |
| 02/09/2016 02/09/16 | Pending | -- | -- | -- |
| 02/08/2016 02/08/16 | For Sale | $592,017 | -- | $211 / 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 |
|---|---|---|---|---|
| 2024 | $11,989 | $455,000 | $125,020 | $329,980 |
| 2023 | $11,320 | $455,000 | $125,020 | $329,980 |
| 2022 | $10,847 | $455,000 | $125,020 | $329,980 |
| 2021 | $10,701 | $375,340 | $123,200 | $252,140 |
| 2020 | $10,645 | $375,340 | $123,200 | $252,140 |
| 2019 | $10,581 | $375,340 | $123,200 | $252,140 |
| 2018 | $10,266 | $375,340 | $123,200 | $252,140 |
| 2017 | $9,819 | $375,340 | $123,200 | $252,140 |
| 2016 | $2,120 | $83,580 | $83,580 | $0 |
| 2015 | $2,065 | $83,580 | $83,580 | $0 |
| 2014 | $2,008 | $83,580 | $83,580 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Lame
J
Seller's Agent in 2023
Jeffrey Lame
IMT Realty
(860) 662-4017
1 in this area
5 Total Sales
-
Ann Carpenter
Buyer's Agent in 2023
Ann Carpenter
RE/MAX
(860) 823-9567
78 in this area
303 Total Sales
-
M
Seller's Agent in 2016
Mark Murphy
Berkshire Hathaway Home Services
Map
Source: SmartMLS
MLS Number: 170591628
APN: ELYM-002901-000088
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