NOT LISTED FOR SALE

69 Portland Ave Old Lyme, CT 06371

Estimated Value: $518,000 - $635,000

3 Beds
1 Bath
984 Sq Ft
$573/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $320,000 $325 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,426/month

14 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Enclosed Patio or Porch
  • Mile Creek School Rated A
  • No HOA
  • Shed

About This Home

As of May 2016

100 Ft to Soundview Beach. Spacious cottage all set for summer fun. Large living room, kitchen, and a wonderful enclosed porch. Property permitted for 22 spaces of paid parking. Use for summer revenue or large play area

Last Agent to Sell the Property

Mark Patterson

KW Legacy Partners License #RES.0798089 Listed on: 03/23/2016

KW Legacy Partners

Last Buyer's Agent

Non Member

SmartMLS II, Inc. License #9999999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1949

Lot Details

  • 10,001 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 984 Sq Ft Home
  • Crawl Space
  • Pull Down Stairs to Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 22 Car Garage
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • No Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,881

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Total Sq Ft: 984
  • Year Built: 1949
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rt 156 Right onto Portland
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available, Cable - Pre-wired
  • Appliances: Oven/Range, Refrigerator
  • Attic: Yes
  • Street Number Modifier: 69

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Unpaved
  • Garages Number: 22
  • Driveway Type: Crushed Stone, Dirt

Utilities

  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2296
  • Lot Description: Level Lot, Fence - Partial
  • Flood Zone: Yes
  • Property Info: Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3881
  • Total Assessed Value: 188200
  • Mil Rate Total: 20.620
  • Assessor Parcel Number: 1554718

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 27, 2016
Sold by
Scarfo Craig
Bought by
Leger James F
Seller's Agent
Mark Patterson
KW Legacy Partners
Buyer's Agent
Non Member
SmartMLS II, Inc.
List Price
$329,500
Sold Price
$320,000
Premium/Discount to List
-$9,500
-2.88%
Current Estimated Value
$564,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,155
Avg. Annual Appreciation
6.25%
Original Mortgage
$256,000
Outstanding Balance
$203,814
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,341
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
Leger James F $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leger James F $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $320,000 -2.9% $325 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $329,500 -- $335 / 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 $5,085 $313,300 $203,700 $109,600
2024 $4,126 $169,100 $112,000 $57,100
2023 $3,974 $169,100 $112,000 $57,100
2022 $3,974 $169,100 $112,000 $57,100
2021 $3,940 $169,100 $112,000 $57,100
2020 $3,923 $169,100 $112,000 $57,100
2019 $4,218 $188,200 $129,500 $58,700
2018 $4,123 $188,200 $129,500 $58,700
2017 $4,093 $188,200 $129,500 $58,700
2016 $3,990 $188,200 $129,500 $58,700
2015 $3,881 $188,200 $129,500 $58,700
2014 $3,696 $188,000 $122,500 $65,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Patterson

    KW Legacy Partners

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    SmartMLS II, Inc.

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Map

Source: SmartMLS

MLS Number: N10119116

SmartMLS

APN: OLYM-000075-000000-000100

Connecticut New London County Old Lyme 06371

69 Portland Ave, Old Lyme, CT

This home is located at 69 Portland Ave, Old Lyme, CT 06371 since 23 March 2016 and is currently estimated at $564,155, approximately $573 per square foot. This property was built in 1949. 69 Portland Ave is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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.

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