NOT LISTED FOR SALE

62 Breen Ave Unit 62A Old Lyme, CT 06371

Estimated Value: $271,400 - $343,000

2 Beds
1 Bath
600 Sq Ft
$537/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $275,000 $458 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,069/month

17 Days on Market

Highlights

  • Beach Access
  • Attic
  • Ceiling Fan
  • Mile Creek School Rated A
  • Cottage
  • Baseboard Heating

About This Home

As of September 2023

Walk out your door and to the gorgeous sands of Old Colony beach! Make this 2 bedroom, 1 full bath cottage your own while enjoying the backyard and only a few steps to the ocean. There is a small deck for outdoor dining and fully enclosed outdoor shower, also on the property a large shared shed to store all of your outdoor & beach belongings. Backyard area with outdoor tables for dining and walk a few streets over to enjoy the carousel, shops, restaurants and lemon ice stand. This home has 3 parking spaces and the option to rent more seasonally directly across the street. Old Colony is a private gated community and this cottage is one of 7 individual homes made up of Breen Acres Condominium Association. Old colony is right between NY & Boston, only a short drive to your very own beach getaway! The association does not allow dogs or rentals.

Agent/Owner related

Last Agent to Sell the Property

Taylor Mandell-Daly

Berkshire Hathaway NE Prop. License #RES.0795078 Listed on: 07/24/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Toni Strain

Carol Cole Real Estate, LLC License #RES.0804916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,759

Year Built

  • Built in 1920

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Cottage
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • Ceiling Fan
  • Attic or Crawl Hatchway Insulated
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Property is zoned AE
  • Flood Zone Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,759

Year Built

Built in 1920

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Neighborhood: Old Colony Beach
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 600
  • Public Record Living Room Sq Ft: 600
  • Total Sq Ft: 600
  • Year Built: 1920
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting, Lot Restriction(s)
  • Home Warranty Offered: No
  • Special Assessment Details: See disclosures- 2 fees yearly
  • Public Record Gross Sq Ft: 720
  • Directions: gps friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Appliances: Oven/Range, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 62

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Beach Rights, Walk to Water
  • Swimming Pool: No

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes
  • Property Management Type: Unit Owners Association

Schools

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

Lot Info

  • Lot Description: Not Applicable
  • Flood Zone: Yes
  • Zoning: AE
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2759
  • Total Assessed Value: 117400
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1555142

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 10, 2019
Sold by
Deranleau Charles and Deranleau Nancy
Bought by
Bukowski Kevin
Seller's Agent
Vivian Senft
Coldwell Banker Realty
Buyer's Agent
Angela Aiello-Sousa
Berkshire Hathaway NE Prop.
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$322,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,100
Avg. Annual Appreciation
6.17%
Original Mortgage
$145,000
Outstanding Balance
$127,563
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$186,829

Purchase Details

Closed on
Jun 17, 2015
Sold by
Dernleau Charles
Bought by
Deranleau Charles and Deranleau Nancy
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
Bukowski Kevin $220,000 --
Deranleau Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bukowski Kevin $145,000
Previous Owner Deranleau Charles $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $275,000 -8.3% $458 / Sq Ft
07/27/2023 07/27/23 Price Changed $299,900 -14.3% $500 / Sq Ft
07/24/2023 07/24/23 For Sale $349,900 +59.0% $583 / Sq Ft
09/20/2019 09/20/19 Sold $220,000 -4.3% $344 / Sq Ft
08/08/2019 08/08/19 For Sale $230,000 -- $359 / 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 $3,304 $203,600 $0 $203,600
2024 $3,223 $132,100 $0 $132,100
2023 $3,104 $132,100 $0 $132,100
2022 $3,104 $132,100 $0 $132,100
2021 $3,078 $132,100 $0 $132,100
2020 $3,065 $132,100 $0 $132,100
2019 $2,026 $90,400 $0 $90,400
2018 $1,981 $90,400 $0 $90,400
2017 $1,966 $90,400 $0 $90,400
2016 $1,916 $90,400 $0 $90,400
2015 $1,864 $90,400 $0 $90,400
2014 $1,439 $73,200 $0 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170586074

SmartMLS

APN: OLYM-000080-000000-000111-000001