Seller's Agent in 2022
Colette Harron
William Pitt
(860) 304-2391
8 in this area
83 Total Sales
69 Neck Rd Old Lyme, CT 06371
Estimated Value: $1,003,000 - $1,131,285
4
Beds
3.5
Baths
2,836
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Guest House
- 1.97 Acre Lot
- Attic
- Mile Creek School Rated A
- Colonial Architecture
- 2 Fireplaces
About This Home
As of April 2022Springbank is a historic country estate in Old Lyme sited on just under two acres, featuring an elegant brick main residence and spacious guest cottage. The property is known for its magnificent gardens and field stone walls designed in 1936 by the noted landscape architect Marian Cruger Coffin. The estate has been lovingly restored and completely renovated while preserving its history. The main house has a second-floor master bedroom and bath ensuite. In addition, there are two bedrooms and a full bathroom located on the third floor. One bedroom features a roof deck overlooking the gardens and alee. The formal living room has lighted built-ins, an elegantly carved fireplace, bay window, a walk-in wet bar, and a French door that accesses the terrace and gardens. The dining room has decorative painted paneling and a large fireplace with granite surround. The updated kitchen, with its own entrance, has a breakfast nook with a bow window. The guest cottage has a full bath, bedroom, living area, and outdoor shower, nestled privately on the hill overlooking the beautiful gardens and pergola. A three-car garage completes this distinctive home. Springbank is listed on the National Register of Historic Places. This stunning English country estate is just minutes from marinas, beaches, restaurants and Old Lyme Village, yet a world apart!
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 05/24/2021
Last Buyer's Agent
William Pitt Sotheby's Int'l License #RES.0761689 Listed on: 05/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,239
Year Built
- Built in 1730
Lot Details
- 1.97 Acre Lot
- Open Lot
Home Design
- Colonial Architecture
- Gable Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Wood Shingle Roof
- Masonry Siding
Interior Spaces
- 2,836 Sq Ft Home
- 2 Fireplaces
- Entrance Foyer
- Home Security System
- Attic
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Parking
- 3 Car Detached Garage
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Patio
- Shed
Schools
- Mile Creek Elementary School
- Lyme-Old Lyme Middle School
- Center Middle School
- Lyme-Old Lyme High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Power Generator
- Private Company Owned Well
- Cable TV Available
Additional Features
- Guest House
- Property is near a golf course
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Apr 19, 2022
Sold by
Baxter John H and Baxter Jean
Bought by
Beatus Jessica and Beatus David
Seller's Agent
Colette Harron
William Pitt Sotheby's Int'l
Buyer's Agent
Colette Harron
William Pitt Sotheby's Int'l
List Price
$1,195,000
Sold Price
$1,040,000
Premium/Discount to List
-$155,000
-12.97%
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
$17,321
Avg. Annual Appreciation
1.50%
Original Mortgage
$800,000
Outstanding Balance
$741,626
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,107
Purchase Details
Closed on
May 13, 1994
Sold by
Est Emerson Anne G and Brown Annabelle Eg
Bought by
Bagg Janet B
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beatus Jessica | $1,010,000 | None Available | |
| Bagg Janet B | $214,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beatus Jessica | $800,000 | |
| Previous Owner | Emerson Anne G | $25,367 | |
| Previous Owner | Emerson Anne G | $600,000 | |
| Previous Owner | Emerson Anne G | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $1,040,000 | 0.0% | $367 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | Off Market | $1,040,000 | -- | -- |
| 11/12/2021 11/12/21 | Price Changed | $1,100,000 | -7.9% | $388 / Sq Ft |
| 08/26/2021 08/26/21 | Price Changed | $1,195,000 | 0.0% | $421 / Sq Ft |
| 08/26/2021 08/26/21 | For Sale | $1,195,000 | +14.9% | $421 / Sq Ft |
| 07/19/2021 07/19/21 | Off Market | $1,040,000 | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $1,245,000 | -- | $439 / 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 |
|---|---|---|---|---|
| 2025 | $9,642 | $594,100 | $256,400 | $337,700 |
| 2024 | $7,581 | $310,700 | $121,000 | $189,700 |
| 2023 | $7,301 | $310,700 | $121,000 | $189,700 |
| 2022 | $7,301 | $310,700 | $121,000 | $189,700 |
| 2021 | $7,239 | $310,700 | $121,000 | $189,700 |
| 2020 | $7,208 | $310,700 | $121,000 | $189,700 |
| 2019 | $8,059 | $359,600 | $143,000 | $216,600 |
| 2018 | $7,879 | $359,600 | $143,000 | $216,600 |
| 2017 | $7,821 | $359,600 | $143,000 | $216,600 |
| 2016 | $7,624 | $359,600 | $143,000 | $216,600 |
| 2015 | $7,415 | $359,600 | $143,000 | $216,600 |
| 2014 | $7,874 | $400,500 | $154,100 | $246,400 |
Source: Public Records
Agents Affiliated with this Home
-
Colette Harron
Map
Source: SmartMLS
MLS Number: 170402564
APN: OLYM-000021-000000-000026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 6 Tantummaheag Rd
- 33 Sill Ln
- 60 Lyme St
- 9 Longacre Ln
- 1 & 3 Neck Rd
- 46 Lyme St
- 12 Rocky Point Rd
- 34 Lyme St
- 9 Academy Ln
- 6 Lieutenant River Ln
- 43B Saunders Hollow Rd
- 20 Lyme St
- 3 4th Ave
- 81 Essex Rd
- 0 Ely Meadows Unit 24104069
- 0 Ely Meadows Unit 24103048
- 1 Burr Rd
- 64 Otter Cove Dr Unit Lot 2 PKG
- 64 Otter Cove Dr Unit Lot
- 96 Ayers Point Rd