$300,000
SOLD JAN 6, 2025

7 Chapman Dr East Lyme, CT 06333

2 Beds
1.5 Baths
1,488 Sq Ft
1.15 Acres

Recently Sold

$202 Per Sq Ft

16% Below List Price

55 Days on Market

Highlights

  • Waterfront
  • 1.15 Acre Lot
  • Deck
  • East Lyme Middle School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of January 2025

Location Location Location !! Because there is work/repairs needed, house is priced accordingly. This house is Nestled into a 1.15 acre lot in a quiet neighborhood. The yard is lightly wooded and slopes down to a secluded open area for summer pleasures, or an evening around the firepit. Latimer Brook, which is stocked with trout, runs through the rear of property. The house is in need of remodeling and some finishing work. 1st floor is a Great Room that includes a Living room, Kitchen, and Dining area. Sliders to rear deck, Skylights, cathedral ceilings. Primary bedroom on main floor has an unfinished full bath and unfinished attic storage. Half bath is on main level. The one car garage has been used as living space.

Last Agent to Sell the Property

Linda Johnson-Hille

RE/MAX on the Bay License #RES.0310465 Listed on: 10/02/2024

RE/MAX on the Bay

Last Buyer's Agent

Linda Johnson-Hille

RE/MAX on the Bay License #RES.0310465 Listed on: 10/02/2024

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 1981

Lot Details

  • 1.15 Acre Lot
  • Waterfront
  • Stone Wall
  • Property is zoned R40

Parking

  • Parking Deck

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • Open Floorplan
  • Water Views
  • Built-In Oven

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Attic

  • Attic Floors
  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Schools

  • Flanders Elementary School
  • East Lyme High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Exclusions: Woodstove
  • Assessor Parcel Number 1472305

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,644

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 1488
  • Total Sq Ft: 1488
  • Year Built: 1981
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities
  • Remarks Public Addendum: Property is not acceptable to government financing. Property will convey in "As Is" condition.
  • Exclusions: Woodstove
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: GPS Friendly Rt 161 to Westchester, lefto n Winthrop, 1st right onto Chapman. House on right #7
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1488
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Unfinished, Floored, Access Via Hatch
  • Basement Description: None
  • Interior Amenities: Open Floor Plan
  • Appliances: Wall Oven, Refrigerator, Washer, Electric Dryer
  • Additional Rooms: Laundry Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Deck, Stone Wall
  • Exterior Siding: Stucco
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame, Stucco

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Upright Tank, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Flanders
  • Middle School: Per Board of Ed
  • High School: East Lyme

Lot Info

  • Acres: 1.15
  • Lot Description: Secluded In Subdivision Lightly Wooded Treed Level Lot Sloping Lot
  • Flood Zone: No
  • Zoning: R40
  • Parcel #: 1472305

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5644
  • Total Assessed Value: 214200
  • Mil Rate Total: 26.35

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: Per Board of Ed
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 3, 2025
Sold by
Perkins Eric D and Perkins Eric D
Bought by
Site Three Holdings Llc
Seller's Agent
Linda Johnson-Hille
RE/MAX on the Bay
Buyer's Agent
Linda Johnson-Hille
RE/MAX on the Bay
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Views
215
Current Estimated Value
$337,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,965
Avg. Annual Appreciation
18.49%
Original Mortgage
$210,000
Outstanding Balance
$208,913
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$125,491

Purchase Details

Closed on
Jan 4, 2023
Sold by
Darling Alvin S Est and Perkins
Bought by
Perkins Eric D and Perkins Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,471
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2022
Sold by
Mcmahon Jossica N
Bought by
Mcmahon Jossica N

Purchase Details

Closed on
Jan 27, 1983
Bought by
Darling Alvin S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 None Available
Executors Deed -- None Available
Executors Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $195,471 FHA
Previous Owner $247,500 Credit Line Revolving
Previous Owner $27,276 No Value Available
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $300,000 -9.1% $202 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/17/2024 11/17/24 Price Changed $330,000 -4.3% $222 / Sq Ft
10/17/2024 10/17/24 Price Changed $345,000 -3.9% $232 / Sq Ft
10/02/2024 10/02/24 For Sale $359,000 -- $241 / 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 $6,013 $214,690 $106,470 $108,220
2024 $5,644 $214,200 $106,470 $107,730
2023 $5,329 $214,200 $106,470 $107,730
2022 $5,107 $214,200 $106,470 $107,730
2021 $5,331 $186,970 $96,250 $90,720
2020 $5,302 $186,970 $96,250 $90,720
2019 $5,271 $186,970 $96,250 $90,720
2018 $5,114 $186,970 $96,250 $90,720
2017 $4,891 $186,970 $96,250 $90,720
2016 $4,594 $181,160 $96,250 $84,910
2015 $4,476 $181,160 $96,250 $84,910
2014 $4,353 $181,160 $96,250 $84,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24048308

SmartMLS

APN: ELYM-004800-000097