NOT LISTED FOR SALE

7 Biscayne Blvd Old Lyme, CT 06371

Old Lyme Area

Estimated Value: $491,000 - $560,001

3 Beds
1 Bath
965 Sq Ft
$552/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2020

Last sale price $275,000 $285 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,409 / mo

107 Days on Market

Highlights

  • Beach Access
  • Gated Community
  • Ranch Style House
  • Mile Creek School Rated A
  • Wood Burning Stove
  • 1 Fireplace

About This Home

As of November 2020

This is the quintessential ranch-style beach home you’ve always wanted. This lovingly maintained 3 Bedroom home is pretty much a straight golf cart ride down Biscayne Blvd to the recreation area offering a covered pavilion, basketball court, ample parking, and gated access to one of the nicest, white sandy beaches on the CT Shoreline. The front offers a concrete patio and sunroom just inside the entry. It’s the perfect place to purpose as a pop-up bedroom for those extra guests that always find their way to you once you have a beach house! From there you come into the ample living room replete with antique knotty, solid pine paneling and raised hearth wood burning fireplace, flanked with built-in book cases and fit with Ben Franklin wood stove to cheat the seasons. The floors are hearty laminate that stands up to the white sand that follows you back to the home are a breeze to maintain. At the opposite end of the home you’ll find an ample eat-in kitchen, full bathroom, and enclosed porch serving as a laundry center and storage area that’s quite handy for your rods, reels, and other essentials. Just outside in back you’ll discover a concrete walkway and grilling are, storage shed, and the required outdoor shower.

Last Agent to Sell the Property

Gigi Giordano Taylor

Compass Connecticut, LLC License #REB.0789894 Listed on: 06/28/2020

Compass Connecticut, LLC

Co-Listed By

Michael Marsden

Compass Connecticut, LLC License #RES.0772029

Last Buyer's Agent

Matt Merritt

Berkshire Hathaway NE Prop. License #RES.0814552

Berkshire Hathaway NE Prop.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Seasonal Access to Property
  • Level Lot
  • Cleared Lot
  • Property is zoned R-10

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 965 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Screened Porch
  • Crawl Space
  • Attic Fan

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Patio
  • Shed

Location

  • Flood Zone Lot
  • Property is near shops

Schools

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

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Baseboard Heating

Community Details

Overview

  • Association fees include lake/beach access, security service
  • Miami Beach Subdivision
  • Property managed by Miami Beach Association.

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,088

Year Built

Built in 1950

Lot Details

4,792 Sq Ft Lot

HOA Fees

$45 per month

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 965
  • Public Record Living Room Sq Ft: 965
  • Total Sq Ft: 965
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Playground/Tot Lot, Shopping/Mall
  • Remarks Public Addendum: Our seller learned from his last town meeting that town sewers should be installed in the next 2-3 years which may open the possibility of your converting to year round status which translates to more time on the shoreline and possible rental income durin
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2208
  • Tax Year Updated Dt: 07/20/2020
  • Directions: GPS Friendly via access road to community
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Patio, Porch, Porch-Enclosed, Porch-Screened, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community, Association Required, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Attic Fan, Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Space Heater, Wood/Coal Stove
  • Heat Fuel Type: Electric
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access, Security Service
  • HOA Fees: 538
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Unit Owners Association
  • Property Manager Name: http://www.miamibeachassociation.com/
  • Property Mgt Company Name: Miami Beach Association.

Lot Info

  • Acres: 0.1100
  • Lot Description: Dry, Cleared, Level Lot
  • 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: 4088
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1555385

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Bought by
Current Estimated Value
$532,500

Purchase Details

Listed on
Jun 28, 2020
Closed on
Nov 17, 2020
Sold by
Bought by
Seller's Agent
Gigi Giordano Taylor
Compass Connecticut, LLC
Buyer's Agent
Matt Merritt
Berkshire Hathaway NE Prop.
List Price
$297,500
Sold Price
$275,000
Premium/Discount to List
-$22,500
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$215,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Lyme, CT

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$275,000 None Available
$252,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $215,000
Previous Owner $111,790
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $275,000 -6.0% $285 / Sq Ft
08/30/2020 08/30/20 Price Changed $292,500 -1.7% $303 / Sq Ft
06/28/2020 06/28/20 For Sale $297,500 -- $308 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,319 $327,700 $215,900 $111,800
2024 $4,299 $176,200 $118,700 $57,500
2023 $4,141 $176,200 $118,700 $57,500
2022 $4,141 $176,200 $118,700 $57,500
2021 $4,105 $176,200 $118,700 $57,500
2020 $4,088 $176,200 $118,700 $57,500
2019 $4,312 $192,400 $133,600 $58,800
2018 $4,215 $192,400 $133,600 $58,800
2017 $4,185 $192,400 $133,600 $58,800
2016 $4,079 $192,400 $133,600 $58,800
2015 $3,967 $192,400 $133,600 $58,800
2014 $3,665 $186,400 $114,700 $71,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170310589

SmartMLS

APN: OLYM-000083-000000-000041

Your Personal Tour Guide

Ask me questions while you tour the home.