NOT LISTED FOR SALE

7 Gould Ln Old Lyme, CT 06371

Estimated Value: $753,000 - $931,000

3 Beds
2.5 Baths
2,457 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $405,000 $165 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,315/month

147 Days on Market

Highlights

  • In Ground Pool
  • 2.1 Acre Lot
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Ranch Style House
  • Attic

About This Home

As of March 2019

Tucked away on a private cul-de-sac, this well maintained ranch is your destination for relaxation. This home features fantastic light, large windows throughout overlooking a spectacular tranquil setting. Enjoy the in-ground pool, sun deck, bluestone patio, screened in porch all completely private and nicely landscaped. The family room has hardwood floors, built-ins, a brick fireplace and lots of windows. Large living room and adjoining dining room perfect for entertaining have hdwd floors, built-ins and large windows. The must see master bedroom boasts floor to ceiling windows and a view of pool and garden, full bath and walk in closet plus second bonus closet. Kitchen is bright and includes breakfast area, large windows, pantry and easy access to dining room,laundry area, second pantry, powder room and oversized two car garage. Lower level includes finished rec room, with built-in shelving, workspace perfect for home office. Unfinished walk out portion is 70 x 24. Screened porch offers skylights & vaulted ceiling. Includes central air and vacuum system. The private rights to the Lieutenant River at end of cul-de-sac provide access to CT River and beyond, perfect for kayaks and fishing. Shopping, restaurants, banks, post office are right around the corner. Old Lyme boasts sandy beaches, boating, golf, world famous art galleries & museums. Located midway between New York & Boston, only 10 minutes to train station & easy access to I-95 make it perfect for commuting.

Last Agent to Sell the Property

John Seidel

William Pitt Sotheby's Int'l Listed on: 10/08/2018

William Pitt Sotheby's Int'l

Co-Listed By

Nancy Johnson

William Pitt Sotheby's Int'l License #REB.0438888

Last Buyer's Agent

Libby Waldron

Coldwell Banker Realty License #RES.0795639

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,037

Year Built

  • Built in 1984

Lot Details

  • 2.1 Acre Lot
  • Cul-De-Sac
  • Partially Wooded Lot
  • Many Trees
  • Garden
  • Property is zoned VR

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Radon Mitigation System

Interior Spaces

  • Central Vacuum
  • 1 Fireplace
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Shed
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Center Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal, road maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,037

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 2112
  • Public Record Living Room Sq Ft: 2112
  • Sq Ft Est Heated Below Grade: 345
  • Total Sq Ft: 2457
  • Year Built: 1984
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Public Pool, Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Special Assessment Details: Snow remvl/road maintenance varies yrly.
  • Public Record Gross Sq Ft: 5242
  • Directions: Off Shore Rd. Private area. Call agent if not familiar with area.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • 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 - Available, Central Vacuum
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Electric Dryer
  • Laundry Room Location: Off kitchen area
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters, Patio, Porch-Enclosed, Shed
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Vinyl
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Snow Removal, Road Maintenance
  • HOA Fee Frequency: Annually
  • HOA: Yes

Lot Info

  • Acres: 2.1000
  • Lot Description: On Cul-De-Sac, Lightly Wooded, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: VR

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8037
  • Mil Rate Base: 21.910
  • Assessor Parcel Number: 1553359

MLS Schools

  • Elementary School: Center
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Mar 27, 2019
Sold by
Baxter Richard C and Baxter Dorothy E
Bought by
Ballard Kristol K
Seller's Agent
John Seidel
William Pitt Sotheby's Int'l
Buyer's Agent
Libby Waldron
Coldwell Banker Realty
List Price
$490,700
Sold Price
$405,000
Premium/Discount to List
-$85,700
-17.46%
Current Estimated Value
$863,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,941
Avg. Annual Appreciation
12.01%
Original Mortgage
$324,000
Outstanding Balance
$284,854
Interest Rate
4.3%
Estimated Equity
$579,087

Purchase Details

Closed on
Sep 11, 1998
Sold by
Waugh George H and Waugh Suzanne M
Bought by
Baxter Richard C and Baxter Dorothy E
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
Ballard Kristol K $405,000 --
Baxter Richard C $336,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Kristol K $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $405,000 -9.8% $165 / Sq Ft
11/07/2018 11/07/18 Price Changed $449,000 -8.5% $183 / Sq Ft
10/08/2018 10/08/18 For Sale $490,700 -- $200 / 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 $9,189 $566,200 $216,100 $350,100
2024 $8,428 $345,400 $174,900 $170,500
2023 $8,117 $345,400 $174,900 $170,500
2022 $8,117 $345,400 $174,900 $170,500
2021 $8,048 $345,400 $174,900 $170,500
2020 $8,013 $345,400 $174,900 $170,500
2019 $8,220 $366,800 $189,800 $177,000
2018 $8,037 $366,800 $189,800 $177,000
2017 $7,978 $366,800 $189,800 $177,000
2016 $7,776 $366,800 $189,800 $177,000
2015 $7,563 $366,800 $189,800 $177,000
2014 $7,021 $357,100 $189,800 $167,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170132044

SmartMLS

APN: OLYM-000057-000000-000020