NOT LISTED FOR SALE

7 Lyme St Unit D Old Lyme, CT 06371

Estimated Value: $243,000 - $298,000

1 Bed
1 Bath
710 Sq Ft
$267/mo HOA Fee

Last Sold July 10, 2020

Last sale price $150,000 $211 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,000/month

147 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Detached Garage
  • Mile Creek School Rated A
  • Balcony
  • 2-minute walk to DEEP Marine Headquarters - Ferry Landing Park

About This Home

As of July 2020

Welcome home to the historic district of Old Lyme! Your new home has been completely updated with a new kitchen, bathroom and a balcony/deck that is great for entertaining! Don't miss out! Act now!

Last Agent to Sell the Property

Patrick James

PWJ Real Estate&Property Mgmt License #REB.0790349 Listed on: 01/21/2020

Last Buyer's Agent

Kim Oshana

Coldwell Banker Realty License #RES.0805406

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 2016

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • 710 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Wood Siding

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on lower level

Parking

  • 1 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Balcony
  • Deck

Schools

  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • 4 Units
  • Boxwood South Community
  • Property managed by Capital Property Group

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Year Built

Built in 2016

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Neighborhood: Ferry Road
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 710
  • Public Record Living Room Sq Ft: 710
  • Total Sq Ft: 710
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 710
  • Directions: Lyme St to Boxwood South long driveway to right. Top Right unit
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Electric Range, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Balcony, Deck
  • Exterior Siding: Wood
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Shared Septic

Condo/Co-op/Association

  • Complex Name: Boxwood South
  • HOA Fees: 267
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Capital Property Group
  • Property Mgt Phone: 860-819-0055

Lot Info

  • Lot Description: Level Lot
  • Zoning: R

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2712
  • Mil Rate Base: 22.410
  • Assessor Parcel Number: 1553263

Multi Family

  • Total Num Of Units: 4

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jun 23, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Frasure William T and Frasure Jessica
Seller's Agent
Patrick James
PWJ Real Estate&Property Mgmt
Buyer's Agent
Kim Oshana
Coldwell Banker Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$281,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,054
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
May 30, 2017
Sold by
Brown Carol L
Bought by
Wilmington Svgs Fund S

Purchase Details

Closed on
Oct 24, 2003
Sold by
Oakes Rodman
Bought by
Brown Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
6.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Frasure William T $150,000 None Available
Frasure William T $150,000 None Available
Wilmington Svgs Fund S -- --
Wilmington Svgs Fund S -- --
Brown Carol L $155,000 --
Brown Carol L $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Carol L $195,000
Previous Owner Brown Carol L $150,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $150,000 +0.1% $211 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $149,900 -6.3% $211 / Sq Ft
02/09/2020 02/09/20 Price Changed $159,900 -8.6% $225 / Sq Ft
01/21/2020 01/21/20 For Sale $175,000 -- $246 / 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 $3,042 $187,400 $0 $187,400
2024 $3,001 $123,000 $0 $123,000
2023 $2,891 $123,000 $0 $123,000
2022 $2,891 $123,000 $0 $123,000
2021 $2,866 $123,000 $0 $123,000
2020 $2,854 $123,000 $0 $123,000
2019 $2,712 $121,000 $0 $121,000
2018 $1,306 $59,600 $0 $59,600
2017 $1,296 $59,600 $0 $59,600
2016 $331 $15,600 $0 $15,600
2015 $322 $15,600 $0 $15,600
2014 $2,147 $109,200 $0 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170265436

SmartMLS

APN: OLYM-000055-000000-000045-000010