NOT LISTED FOR SALE

7 Breen Ave Old Lyme, CT 06371

Estimated Value: $576,000 - $615,213

3 Beds
1.5 Baths
961 Sq Ft
$615/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $440,000 $458 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,623/month

3 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Ranch Style House
  • Mile Creek School Rated A
  • Property is near golf course and public transit
  • Attic

About This Home

As of September 2022

You've been waiting, here it is! Almost a year has gone by since a home hit the market in desirable & private OLD COLONY BEACH! 7 Breen is your chance to turn a blank canvas into the YEAR ROUND BEACH HOME of your dreams! Check out those pics & VR Tour! 3 beds & 1.5 baths, an incredible level lot with ample space in the rear, outdoor shower, and storage shed waiting for your creativity. Spacious kitchen, fantastic & well lit living room with fireplace, and a lovely heated porch off the front. YEAR ROUND living, or Summer Getaway, it's winterized with a special housewrap under the siding providing efficiency in the cold months, so you choose! OLD COLONY beach is a private beach community with gates & security during peak summer months, and a great place to make lifelong memories with friends & family! Walk to the water in under 5 minutes, or get there faster on a golf-cart or scooter; parking for the toys at the sand! OCBA residency includes space for boat mooring for the seafarers too! Schedule your showing today because this home WILL NOT LAST. Tremendous bones, an even better chance to bring YOUR vision to life...and it's NOT in a flood zone.

Last Agent to Sell the Property

Bill Heenan

William Raveis Real Estate License #REB.0754903 Listed on: 08/30/2022

William Raveis Real Estate

Co-Listed By

Joe Loguidice

William Raveis Real Estate License #RES.0817661

Last Buyer's Agent

Courtney LeBlanc

Dave Jones Realty, LLC License #RES.0813693

Dave Jones Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,789

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $43 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 961 Sq Ft Home
  • 1 Fireplace
  • Heated Enclosed Porch
  • Concrete Flooring
  • Water Views
  • Laundry on lower level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Basement

  • Partial Basement
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Shed
  • Rain Gutters

Location

  • Property is near golf course and public transit

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Recreation

  • Bocce Ball Court

Additional Features

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,789

Year Built

Built in 1940

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Neighborhood: Old Colony Beach
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 961
  • Public Record Living Room Sq Ft: 961
  • Total Sq Ft: 961
  • Year Built: 1940
  • Nearby Amenities: Bocci Court, Commuter Bus, Golf Course
  • Association Amenities: Security Services
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Talks of sewers at some point.
  • Public Record Gross Sq Ft: 1942
  • Tax Year Updated Dt: 08/30/2022
  • Directions: RT 156 to Breen. Gates may be closed, enter on Brookside. Guard may be present, explain the reason for the visit.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Partial With Hatchway, Crawl Space, Concrete Floor, Dirt Floor, Sump Pump
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Location: Basement or front porch; hookups
  • Laundry Room Info: Lower Level, Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch-Enclosed, Porch-Heated, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • 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: Paved, Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 520
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1100
  • Lot Description: Water View, Level Lot, Fence - Partial
  • Flood Zone: No
  • Zoning: R-10

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4789
  • Mil Rate Base: 23.500
  • Assessor Parcel Number: 1555541

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
Aug 30, 2022
Closed on
Sep 16, 2022
Sold by
Gasperini Paul
Bought by
Gustine Bruce
Seller's Agent
Bill Heenan
William Raveis Real Estate
Buyer's Agent
Courtney LeBlanc
Dave Jones Realty, LLC
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Views
39
Current Estimated Value
$591,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,053
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Jan 2, 2001
Sold by
Est Harting E and Grodeurgo Elizabeth H
Bought by
Gasperini Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,875
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gustine Bruce $440,000 None Available
Gasperini Paul $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasperini Paul $175,000
Previous Owner Gasperini Paul $174,250
Previous Owner Gasperini Paul $165,000
Previous Owner Gasperini Paul $116,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $440,000 +10.0% $458 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $399,900 -- $416 / 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 $6,240 $384,500 $238,000 $146,500
2024 $4,973 $203,800 $136,400 $67,400
2023 $4,789 $203,800 $136,400 $67,400
2022 $4,789 $203,800 $136,400 $67,400
2021 $4,749 $203,800 $136,400 $67,400
2020 $4,728 $203,800 $136,400 $67,400
2019 $4,260 $190,100 $121,200 $68,900
2018 $4,165 $190,100 $121,200 $68,900
2017 $4,135 $190,100 $121,200 $68,900
2016 $4,030 $190,100 $121,200 $68,900
2015 $3,920 $190,100 $121,200 $68,900
2014 $5,092 $259,000 $182,800 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170503919

SmartMLS

APN: OLYM-000084-000000-000069