NOT LISTED FOR SALE

68 Town Woods Rd Old Lyme, CT 06371

Estimated Value: $198,000 - $205,000

4.01 Acres
$50,135 Price per Acre
174,676 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $162,000

Est. 24% increase in value since last sale

Current estimated payment $1,205/month

327 Days on Market

Highlights

  • Beach Front
  • 4.01 Acre Lot
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Wetlands on Lot
  • No HOA

About This Lot

As of October 2022

Can't find your dream home, then build it, this 4.01-acre approved building lot has underground utilities brought to the site and is conveniently located to Town Woods Park, hiking trails and town amenities. Old Lyme is located just 2 hours from Boston and New York City with easy access to I-95, Rte 9, and the Amtrak station. This quaint New England town is a community of some 8000 permanent residents and an additional several thousand seasonal visitors who occupy a shoreline complex of summer residences. Located on the east bank of the mouth of the Connecticut River where it meets Long Island Sound, the town is marked by independence, volunteering, and a long-standing commitment to the arts. Old Lyme residents enjoy two beaches, White Sand Beach on the Long Island Sound and Haines Park located just minutes away on Rogers Lake which covers over 260-acres straddling the Lyme/Old Lyme line and welcomes personal watercraft and motorboats with a 135 maximum horsepower, and for those of you who enjoy fishing, this lake is stocked annually with trout and is also known for bass fishing as well. Documents and maps are available upon request.

Last Agent to Sell the Property

Eric Engdall

Coldwell Banker Realty License #RES.0784322 Listed on: 10/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Eric Engdall

Coldwell Banker Realty License #RES.0784322 Listed on: 10/02/2021

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,143

Lot Details

  • 4.01 Acre Lot
  • Beach Front
  • Partially Wooded Lot
  • Many Trees
  • Property is zoned RU80

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,143

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Basketball Court, Lake, Library, Medical Facilities, Park, Playground/Tot Lot
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Easements
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Boston Post Rd to Town Woods Rd, lot on left, sign in place
  • Special Features: None

Interior Features

  • Street Number Modifier: 68

Exterior Features

  • Waterfront Description: Beach, Walk to Water
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 197

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric, Telephone, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 4.0100
  • Lot Description: Some Wetlands, Lightly Wooded, Treed
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: RU80

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2143
  • Total Assessed Value: 91200
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 1552495

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Oct 7, 2022
Sold by
Lapolla Peter A and Lapolla Elaine
Bought by
Rudzki Radoslaw
Seller's Agent
Eric Engdall
Coldwell Banker Realty
Buyer's Agent
Eric Engdall
Coldwell Banker Realty
List Price
$189,000
Sold Price
$162,000
Premium/Discount to List
-$27,000
-14.29%
Views
5
Current Estimated Value
$201,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,043
Avg. Annual Appreciation
5.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rudzki Radoslaw $162,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $162,000 -9.5% --
08/25/2022 08/25/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $179,000 -5.3% --
10/02/2021 10/02/21 For Sale $189,000 -- --
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 $1,410 $86,900 $86,900 $0
2024 $2,225 $91,200 $91,200 $0
2023 $2,143 $91,200 $91,200 $0
2022 $2,143 $91,200 $91,200 $0
2021 $2,125 $91,200 $91,200 $0
2020 $2,116 $91,200 $91,200 $0
2019 $1,815 $81,000 $81,000 $0
2018 $1,775 $81,000 $81,000 $0
2017 $1,762 $81,000 $81,000 $0
2016 $1,717 $81,000 $81,000 $0
2015 $1,670 $81,000 $81,000 $0
2014 $1,592 $81,000 $81,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170442421

SmartMLS

APN: OLYM-000037-000000-000010-000003