NOT LISTED FOR SALE

7 Noyes Rd Old Lyme, CT 06371

Estimated Value: $328,000 - $414,000

3 Beds
1 Bath
1,224 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $104,900 $86 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,162/month

13 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Cottage
  • Mile Creek School Rated A
  • No HOA
  • Walking Distance to Water

About This Home

As of October 2019

The perfect shoreline investment opportunity just arrived! This large 1200 sqft bungalow offers 3 bedrooms, 1 full bathroom, a massive rear deck, and a large .24 acre lot. This home has been gutted and ready for your creative touches! There are two levels here with the opportunity to open up this layout or close off some walls to create additional bedrooms. Hardwood floors are still intact and need some TLC to be brought back to life! The large lot offers the possibility to expand into a much larger home with an in-law set up. Live here year round or make this your summer get away . If you are trying to break into the profitable AirBNB market now is your chance with your very own rental property! Located right off of shore road which provides access to local beaches, bars, restaurants, and amenities. Opportunities at this price are rarely available so dont let this one slip away!

Last Agent to Sell the Property

Maximillian Mikunda

Complete Real Estate License #REB.0793439 Listed on: 09/12/2019

Last Buyer's Agent

Karen Hanson

Stonington Realty, LLC License #REB.0759084

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • 1,224 Sq Ft Home
  • Cottage
  • Bungalow
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Flood Zone Lot

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,956

Year Built

Built in 1940

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Single Family For Sale
  • Style: Bungalow, Cottage
  • Sq Ft Est Heated Above Grade: 1224
  • Public Record Living Room Sq Ft: 1224
  • Total Sq Ft: 1224
  • Year Built: 1940
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2256
  • Directions: Shore Rd onto Noyes Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space, Sump Pump
  • Attic: No

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Shake, Wood
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot, Lightly Wooded
  • Flood Zone: Yes
  • Zoning: RES

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 2956
  • Mil Rate Base: 22.410
  • Assessor Parcel Number: 1552861

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 16, 2019
Sold by
M3 Properties Llc
Bought by
Piscioneri Andre A and Hicks Suzanne M
Seller's Agent
Maximillian Mikunda
Complete Real Estate
Buyer's Agent
Karen Hanson
Stonington Realty, LLC
List Price
$104,999
Sold Price
$104,900
Premium/Discount to List
-$99
-0.09%
Current Estimated Value
$368,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,526
Avg. Annual Appreciation
21.61%

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 19, 2018
Sold by
Fnma
Bought by
M3 Properties Llc
Seller's Agent
George Sznaj
DB Associates of CT, LLC
Buyer's Agent
Maximillian Mikunda
Complete Real Estate
List Price
$90,000
Sold Price
$90,500
Premium/Discount to List
$500
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%

Purchase Details

Closed on
Jun 20, 2018
Sold by
Cit Bank Na
Bought by
Federal National Mortgage Association
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
Piscioneri Andre A $104,900 --
M3 Properties Llc $90,500 --
Federal National Mortgage Association -- --
Cit Bank Na $181,000 --
M3 Properties Llc $90,500 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Federal National Mortgage Association $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $104,900 -0.1% $86 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $104,999 +16.0% $86 / Sq Ft
10/12/2018 10/12/18 Sold $90,500 +0.6% $74 / Sq Ft View Prior Sale
09/06/2018 09/06/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $90,000 -- $74 / Sq Ft
Source: SmartMLS

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 $2,936 $180,900 $89,000 $91,900
2024 $2,701 $110,700 $61,200 $49,500
2023 $2,601 $110,700 $61,200 $49,500
2022 $2,601 $110,700 $61,200 $49,500
2021 $2,579 $110,700 $61,200 $49,500
2020 $2,568 $110,700 $61,200 $49,500
2019 $2,956 $131,900 $64,400 $67,500
2018 $2,890 $131,900 $64,400 $67,500
2017 $2,869 $131,900 $64,400 $67,500
2016 $2,796 $131,900 $64,400 $67,500
2015 $2,720 $131,900 $64,400 $67,500
2014 $2,674 $136,000 $64,400 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170234305

SmartMLS

APN: OLYM-000048-000000-000034

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