NOT LISTED FOR SALE

7 Duchess Dr Old Lyme, CT 06371

Estimated Value: $956,000 - $1,241,000

5 Beds
3.5 Baths
3,630 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $575,000 $158 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,579/month

29 Days on Market

Highlights

  • Barn
  • 1.84 Acre Lot
  • Deck
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of December 2019

Hoops Anyone? This attractive and extraordinarily roomy colonial on a cul-de-sac in the popular Lords Meadow community of Old Lyme boasts a regulation half court basketball set up with two nets and is completed by enormously tall ceilings, gym floor and caged drop lights. Outwardly looking like a red country barn, the versatility of the space has time and again surprised the current owner and has been host to many partys. On a more traditional front, this classic center hall home features an up-to-date kitchen with granite counters and stainless steel appliances and a front to back living room flowing into a capacious dining room with bay window. A surprise room tucked off a first floor hallway is adjacent to a full bath and can function as a bedroom or hideaway den. The entertaining theme that starts with the basketball barn is echoed first in the completed lower level featuring pool table space and beverage bar and then again by the huge deck with fire pit off the family room. Just minutes to Old Lyme village and I-95, commuting is a breeze as is access to town amenities including White Sands Beach on Long Island Sound and Roger's Lake for fresh water swimming, boating, fishing and rowing. The cultural attractions of the Florence Griswold Museum, the Lyme Art Gallery and the Lyme Art Academy are likewise minutes away. Hoops to billards to beach to lake to museum to art galleries -- truly something for everyone.

Last Agent to Sell the Property

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 10/11/2019

William Pitt Sotheby's Int'l

Last Buyer's Agent

The Bowes Team

RE/MAX on the Bay License #REB.0790080

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,917

Year Built

  • Built in 1992

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • Property is zoned RU80

HOA Fees

  • $22 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,630 Sq Ft Home
  • 1 Fireplace
  • Walkup Attic
  • Partially Finished Basement

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Oil Water Heater

Additional Features

  • Property is near shops
  • Barn

Community Details

  • Association fees include grounds maintenance
  • Lords Meadow Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,917

Year Built

Built in 1992

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3630
  • Total Sq Ft: 3630
  • Year Built: 1992
  • Nearby Amenities: Lake, Park, Playground/Tot Lot, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: RT. 1 to Lords Meadow. Take a right onto Duchess Drive. Home on the right side.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Partially Finished
  • Appliances: Wall Oven, Microwave, Refrigerator, Dishwasher, Washer
  • Laundry Room Location: Upper level
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Barn, Deck, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance
  • HOA Fees: 258
  • HOA Fee Frequency: Annually
  • HOA: Yes

Lot Info

  • Acres: 1.8400
  • Lot Description: On Cul-De-Sac, Professionally Landscaped
  • Zoning: RU80

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 8917
  • Mil Rate Base: 22.410
  • Assessor Parcel Number: 1553942

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
Oct 11, 2019
Closed on
Dec 16, 2019
Sold by
Munson James
Bought by
Maclean Christopher and Maclean Jessi
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
The Bowes Team
RE/MAX on the Bay
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$1,098,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,041
Avg. Annual Appreciation
11.23%
Original Mortgage
$473,800
Outstanding Balance
$417,723
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,318

Purchase Details

Closed on
Nov 2, 1992
Sold by
Robert L Day Co Inc
Bought by
Harrigan Edmund P and Harrigan Julie M
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
Maclean Christopher $575,000 None Available
Harrigan Edmund P $348,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maclean Christopher $473,800
Previous Owner Harrigan Edmund P $417,000
Previous Owner Harrigan Edmund P $650,000
Previous Owner Harrigan Edmund P $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $575,000 -4.0% $158 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $599,000 -- $165 / 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 $10,463 $644,700 $135,700 $509,000
2024 $10,016 $410,500 $109,500 $301,000
2023 $9,647 $410,500 $109,500 $301,000
2022 $9,647 $410,500 $109,500 $301,000
2021 $9,565 $410,500 $109,500 $301,000
2020 $9,299 $400,800 $109,500 $291,300
2019 $8,917 $397,900 $109,500 $288,400
2018 $8,718 $397,900 $109,500 $288,400
2017 $8,654 $397,900 $109,500 $288,400
2016 $8,435 $397,900 $109,500 $288,400
2015 $8,205 $397,900 $109,500 $288,400
2014 $7,856 $399,600 $109,500 $290,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170241632

SmartMLS

APN: OLYM-000064-000000-000053