NOT LISTED FOR SALE

7 Ascot Ln Old Lyme, CT 06371

Estimated Value: $760,451 - $879,000

4 Beds
3.5 Baths
3,294 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $620,000 $188 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,246/month

2 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Deck
  • Attic

About This Home

As of April 2021

Spacious 4-BR home in Chestnut Hills neighborhood, updated with a modern farmhouse style. The flexible floor plan features many recent updates including remodeled white-on-white kitchen with Samsung appliances and custom wood hood, new gas fireplace with shiplap accents, a sliding barn door, new stained oak floors throughout the first floor, dark bronze hardware, new lighting throughout and great window treatments. The huge first-floor master bedroom features a cathedral ceiling, and boasts a private full bath and walk-in closet. With a separate entrance nearby this would make a great in-law suite. Three spacious bedrooms upstairs share a Jack & Jill bath. The owners are just finishing up a 2-room suite in the walk-out lower level, complete with kitchenette and full bath. (500+ additional sq feet not included in sq footage). A large window and sliders open to a outdoor patio area. The exterior was recently painted and grounds landscaped. On almost an acre, this home offers a peaceful natural setting in a desirable neighborhood, minutes to the beaches, the village, and easy commuting. Several photos can be found on Instagram @Houseonchestnuthill. Prof photos and floor plans coming soon.

Last Agent to Sell the Property

Rose McWaid

William Raveis Real Estate License #RES.0769263 Listed on: 02/07/2021

William Raveis Real Estate

Last Buyer's Agent

Teri Strain-Lewis

William Pitt Sotheby's Int'l License #RES.0814595

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,756

Year Built

  • Built in 1995

Lot Details

  • 0.78 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot
  • Property is zoned RU40

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Attic or Crawl Hatchway Insulated
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Underground Utilities
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Association fees include snow removal, road maintenance
  • Chestnut Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,756

Year Built

Built in 1995

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 2794
  • Public Record Living Room Sq Ft: 2794
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 3294
  • Year Built: 1995
  • Nearby Amenities: Public Rec Facilities
  • In Law Access: Lower Level
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4752
  • Directions: I-95 to Four Mile River Rd, left to stop, Right on 156, Right on Mile Creek, Right into Chestnut Hill, Right on Ascot.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished
  • Interior Amenities: Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator, Dishwasher
  • Additional Rooms: Foyer, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Patio, Underground Utilities
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance
  • HOA Fees: 750
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Fireplace Insert, Thermopane Windows

Lot Info

  • Acres: 0.7800
  • Lot Description: On Cul-De-Sac, In Subdivision, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6756
  • Total Assessed Value: 291200
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1554228

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Apr 20, 2021
Sold by
Kranz Robert
Bought by
Kranz Robert and Monopoli-Kranz Meredith
Seller's Agent
Rose McWaid
William Raveis Real Estate
Buyer's Agent
Teri Strain-Lewis
William Pitt Sotheby's Int'l
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%
Current Estimated Value
$837,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,628
Avg. Annual Appreciation
6.51%
Original Mortgage
$320,000
Outstanding Balance
$289,630
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$524,983

Purchase Details

Closed on
Aug 2, 2018
Sold by
Puddington Paul I
Bought by
Guillet Cheryl A

Purchase Details

Listed on
Feb 19, 2012
Closed on
Jan 7, 2013
Sold by
Habibi-Moini Susan and Abdolalizadeh Behnam
Bought by
Rinoski Kyle and Rinoski Rachel
Seller's Agent
Nancy Mesham
Coldwell Banker Realty
Buyer's Agent
Rose McWaid
William Raveis Real Estate
List Price
$459,900
Sold Price
$420,000
Premium/Discount to List
-$39,900
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Ning Xiao and Lian Gang
Bought by
Habibi-Moini Susan and Abdolalizadeh Benham

Purchase Details

Closed on
Jun 4, 1999
Sold by
Reiger James A and Reiger Linda M
Bought by
Wang Xianoning and Lian Gang

Purchase Details

Closed on
Jun 2, 1997
Sold by
Old Lyme Dev Corp
Bought by
Reiger James A and Reiger Linda M
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
Kranz Robert -- None Available
Kranz Robert $620,000 None Available
Kranz Robert -- None Available
Guillet Cheryl A $520,000 --
Guillet Cheryl A $520,000 --
Rinoski Kyle $420,000 --
Rinoski Kyle $420,000 --
Habibi-Moini Susan $490,000 --
Habibi-Moini Susan $490,000 --
Wang Xianoning $350,000 --
Reiger James A $310,000 --
Reiger James A $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kranz Robert $320,000
Closed Kranz Robert $320,000
Previous Owner Reiger James A $330,000
Previous Owner Reiger James A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $620,000 +7.8% $188 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $575,000 +36.9% $175 / Sq Ft
01/02/2013 01/02/13 Sold $420,000 -8.7% $121 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
02/19/2012 02/19/12 For Sale $459,900 -- $132 / 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 $7,430 $457,800 $98,400 $359,400
2024 $7,144 $292,800 $91,400 $201,400
2023 $6,881 $292,800 $91,400 $201,400
2022 $6,881 $292,800 $91,400 $201,400
2021 $6,785 $291,200 $91,400 $199,800
2020 $6,756 $291,200 $91,400 $199,800
2019 $6,277 $280,100 $91,400 $188,700
2018 $6,137 $280,100 $91,400 $188,700
2017 $6,092 $280,100 $91,400 $188,700
2016 $5,938 $280,100 $91,400 $188,700
2015 $5,776 $280,100 $91,400 $188,700
2014 $5,692 $289,500 $91,400 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170371162

SmartMLS

APN: OLYM-000014-000000-000073-000009