NOT LISTED FOR SALE

62 Connecticut Rd Old Lyme, CT 06371

Estimated Value: $711,894 - $1,094,000

4 Beds
2 Baths
1,588 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $465,000 $293 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,251/month

1 Day on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • 1 Fireplace
  • Mile Creek School Rated A
  • Attic
  • Tennis Courts

About This Home

As of September 2020

A rare find -- a 4 BR, 2 bath YEAROUND HOME just a short distance from beach and boating in desirable POINT O' WOODS. Walk in the front door and find yourself in a very spacious enclosed front porch with a multitude of windows and room for both a sitting area and a table for dining or game night. Two sets of French doors lead into the bright, cheerful living room that features a fireplace for those chilly days at the beach. One end of the living room leads into a lovely dining room with a charming built-in corner hutch. Adjacent to the dining room is the sunny kitchen with ample wooden cabinets. And tucked in the rear of the house is a full bath with shower that accommodates the laundry area as well. The other end of the living room features a pretty staircase leading up to the 4 bedrooms and another full bath with tub. Gleaming wooden floors and numerous windows highlight all the spacious bedrooms. Outside the home is an enclosed outdoor shower, a level back yard, a covered deck and a one-car garage. The Point O'Woods Association offers a number of amenities -- private beach, boat basin, boardwalk, pavilion, playscape, basketball, tennis and bocce courts. Security guards are on duty during the summer season. A dedicated, hardworking Board of Governors strive to meet the needs of the community year-round.

Last Agent to Sell the Property

Mary Berry

Berry Realty License #REB.0051780 Listed on: 07/30/2020

Last Buyer's Agent

Margaret Francis

Agnelli Real Estate License #RES.0236436

Agnelli Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned AE

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Shingled Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Basement Hatchway

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Covered Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Exclusions: TV

Community Details

Overview

  • Association fees include tennis, lake/beach access, security service, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Additional Features

  • Community Garden
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,355

Year Built

Built in 1930

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Neighborhood: Point O'Woods
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1588
  • Public Record Living Room Sq Ft: 1588
  • Total Sq Ft: 1588
  • Year Built: 1930
  • Association Amenities: Basketball Court, Bocci Court, Gardening Area, Playground/Tot Lot, Security Services, Tennis Courts
  • Exclusions: TV
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2632
  • Tax Year Updated Dt: 07/27/2020
  • Directions: Route 156 to Point O'Woods. Go straight on Connecticut Road. When road forks, bear right staying on Connecticut Road. #62 is down on the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Partial With Hatchway, Unfinished, Hatchway Access
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Oven/Range, Range Hood, Refrigerator, Washer, Dryer
  • Laundry Room Location: Down stairs bath off kitchen
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 62

Exterior Features

  • Exterior Features: Covered Deck, Gutters, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Block

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 385

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Security Service, Road Maintenance
  • HOA Fees: 693
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: In Subdivision, Level Lot
  • Flood Zone: Yes
  • Zoning: AE

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5355
  • Total Assessed Value: 230800
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1555794

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 3, 2020
Sold by
Gatti Ft Llc
Bought by
Francis Thomas M and Francis Devon C
Seller's Agent
Mary Berry
Berry Realty
Buyer's Agent
Margaret Francis
Agnelli Real Estate
List Price
$449,000
Sold Price
$465,000
Premium/Discount to List
$16,000
3.56%
Current Estimated Value
$851,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,724
Avg. Annual Appreciation
12.97%
Original Mortgage
$348,750
Outstanding Balance
$310,895
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$544,590

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 24, 2012
Sold by
Oberg Allen W
Bought by
Gatti Ft Llc
Seller's Agent
Brian Jermainne
Team Jermainne Real Estate Services, LLC
Buyer's Agent
Margaret Hurley
Berkshire Hathaway NE Prop.
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Francis Thomas M $465,000 None Available
Gatti Ft Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Thomas M $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $465,000 +3.6% $293 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $449,000 -5.5% $283 / Sq Ft
05/22/2012 05/22/12 Sold $475,000 -4.0% $253 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $495,000 -- $264 / 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 $7,057 $434,800 $241,800 $193,000
2024 $5,695 $233,400 $124,700 $108,700
2023 $5,485 $233,400 $124,700 $108,700
2022 $5,424 $230,800 $124,700 $106,100
2021 $5,378 $230,800 $124,700 $106,100
2020 $5,355 $230,800 $124,700 $106,100
2019 $5,587 $249,300 $154,400 $94,900
2018 $5,462 $249,300 $154,400 $94,900
2017 $5,422 $249,300 $154,400 $94,900
2016 $5,285 $249,300 $154,400 $94,900
2015 $5,141 $249,300 $154,400 $94,900
2014 $5,340 $271,600 $166,100 $105,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170317134

SmartMLS

APN: OLYM-000091-000000-000026