NOT LISTED FOR SALE

62 White Sand Beach Rd Old Lyme, CT 06371

Estimated Value: $954,000 - $1,228,000

4 Beds
2 Baths
1,208 Sq Ft
$885/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $645,000 $534 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,949/month

151 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Attic
  • Mile Creek School Rated A
  • Clubhouse
  • 1 Fireplace

About This Home

As of January 2021

Rarely seen Opportunity at White Sand Beach in Old Lyme! This Over-sized "Cottage" has been a part of this beach community since 1930 and is looking for the new owner that has the vision to see the Memories that can be made in the future! Massive, Enclosed L-Shaped Enclosed Porch with Screens and Windows has Panoramic views of the Beautiful Beach and Long Island Sound. Want more than a beach, how would you like access to 4 association beaches?? Not enough? A little over a block away you can enter Griswold Point with paths and another expansive beach. For those that are looking for an investment and a property to enjoy when you'd like, this Cottage has a wonderful Rental History if you so choose, please inquire. This gem does need some polishing but will sparkle again with the right touch! Cottage does sit up on a berm and has a walk-in basement so it May be able to become Year-Round and perhaps get an Elevation Cert. (This would be for the serious buyer to investigate). The owner's are aware their much loved cottage needs some things done and are willing to talk with all serious, approved (Pre-Qualified Conv. Mortgage or Proof of Funds letter with offers please) buyers. Please ask your agent or contact listing office for Disclosures. The property is fully rented for the summer, current owner's are asking that those rentals be honored by the New Owner.

Last Agent to Sell the Property

Aulay Carlson

Shore & Country Real Estate License #REB.0793575 Listed on: 06/18/2020

Co-Listed By

Elizabeth Carlson

Shore & Country Real Estate License #RES.0796712

Last Buyer's Agent

Aulay Carlson

Shore & Country Real Estate License #REB.0793575 Listed on: 06/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,869

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Cottage
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 1,208 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Enclosed patio or porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Negotiable.

Community Details

Overview

  • Association fees include club house, tennis, lake/beach access, security service
  • White Sand Beach Assc. Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,869

Year Built

Built in 1930

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Neighborhood: White Sand Beach
  • Property Type: Single Family For Sale
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 1208
  • Public Record Living Room Sq Ft: 1208
  • Total Sq Ft: 1208
  • Year Built: 1930
  • Nearby Amenities: Playground/Tot Lot, Tennis Courts
  • Association Amenities: Basketball Court, Club House, Playground/Tot Lot, Security Services, Tennis Courts
  • Exclusions: Negotiable.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2624
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Route 156 (Shore Road) to Old Shore Road to White Sand Beach Road. Check in at Guard Shack to let the know you are going to the property. Large Red Cottage at the end to the left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial With Walk-Out
  • Appliances: Electric Range, Microwave, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 62

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Wood
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Dirt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic, 40 Gallon Tank, Electric
  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Club House, Tennis, Lake/Beach Access, Security Service
  • HOA Fees: 700
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: Water View, Corner Lot, Level Lot, Fence - Partial, Fence - Wood
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-10
  • Property Info: Gated Community, Seasonal Property

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10869
  • Total Assessed Value: 468500
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Tax District Amount: 700
  • Assessor Parcel Number: 1554354

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 1, 2020
Sold by
Blue Maya and Coventry John
Bought by
Jositas Susan and Jositas David
Seller's Agent
Aulay Carlson
Shore & Country Real Estate
Buyer's Agent
Aulay Carlson
Shore & Country Real Estate
List Price
$699,900
Sold Price
$645,000
Premium/Discount to List
-$54,900
-7.84%
Current Estimated Value
$1,068,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,738
Avg. Annual Appreciation
12.24%
Original Mortgage
$308,000
Outstanding Balance
$277,352
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$809,439
Source: Public Records

Range of Values:

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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
Jositas Susan $845,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jositas Susan $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $645,000 -7.8% $534 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $699,900 +8.5% $579 / Sq Ft
10/31/2020 10/31/20 Off Market $645,000 -- --
07/21/2020 07/21/20 Price Changed $699,900 -3.5% $579 / Sq Ft
06/18/2020 06/18/20 For Sale $725,000 -- $600 / 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
2024 $11,661 $477,900 $387,200 $90,700
2023 $11,231 $477,900 $387,200 $90,700
2022 $11,010 $468,500 $387,200 $81,300
2021 $10,916 $468,500 $387,200 $81,300
2020 $10,869 $468,500 $387,200 $81,300
2019 $8,960 $399,800 $322,600 $77,200
2018 $8,760 $399,800 $322,600 $77,200
2017 $8,696 $399,800 $322,600 $77,200
2016 $8,476 $399,800 $322,600 $77,200
2015 $8,244 $399,800 $322,600 $77,200
2014 $7,781 $395,800 $328,200 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170307384

SmartMLS

APN: OLYM-000069-000000-000062