Seller's Agent in 2021
Jodi Strycharz
William Pitt
(860) 884-3011
30 in this area
79 Total Sales
7 Oakland Ave Old Lyme, CT 06371
Estimated Value: $1,333,000 - $2,099,418
3
Beds
3
Baths
2,580
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Sub-Zero Refrigerator
- Partially Wooded Lot
- Lyme Consolidated School Rated A-
- Cape Cod Architecture
- 1 Fireplace
About This Home
As of August 2021DIRECT WATERFRONT ON HAMBURG COVE!!! This warm & welcoming home has absolutely gorgeous views over the cove with a peaceful, private setting. You will fall in love the minute you walk through the door. This very handsome home is fully renovated while maintaining the charm of the original stone fireplace, wood ceilings, beadboard,…& wood floors throughout. The 1st level features a well-appointed kitchen between the sun room & family room/dining room. There is plenty of entertaining & family space both inside & out. The covered porch extends the entire length of the house & provides the ideal spot for outdoor dining, reading a good book, or just sitting, relaxing & watching the ever-changing views. The spacious stone patio with firepit, the gazebo & the land dock complete the outdoor spaces that are perfect for family, guests & outdoor fun. There are 2 en-suite bedrooms on the main level & the entire upper level is the primary bedroom suite with glorious views out every window, a large bath & cozy sitting/TV area. Perennial gardens were planted to attract bees, butterflies and hummingbirds. Hamburg Cove is known as a safe anchorage to serious boaters & a popular boating destination. Hamburg Cove is part of the Eight Mile River which flows downstream through the Cove and into the Connecticut River and is made up of two coves, the Inner Cove and the Outer Cove. Just 7 minutes from town center. This is a coming soon property there are absolutely NO showings until April 10th. 2021.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0767047 Listed on: 04/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,189
Year Built
- Built in 1929
Lot Details
- 0.56 Acre Lot
- Property Fronts a Bay or Harbor
- Stone Wall
- Partially Wooded Lot
- Garden
- Property is zoned RU40
Parking
- Unpaved Parking
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Block Foundation
- Frame Construction
- Wood Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,580 Sq Ft Home
- 1 Fireplace
- French Doors
- Water Views
- Laundry on upper level
Kitchen
- Gas Range
- Sub-Zero Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Covered Deck
- Patio
- Gazebo
Schools
- Lyme Consolidated Elementary School
- 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
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2021
Closed on
Aug 4, 2021
Sold by
Pike Melissa N
Bought by
Magnus Robert B and Chaisson-Magnus Colleen
Seller's Agent
Jodi Strycharz
William Pitt Sotheby's Int'l
Buyer's Agent
Susan Malan
William Pitt Sotheby's Int'l
List Price
$1,495,000
Sold Price
$1,600,000
Premium/Discount to List
$105,000
7.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,806
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,200,000
Outstanding Balance
$1,097,436
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$760,781
Purchase Details
Closed on
Jan 8, 2001
Sold by
Dunkle Matilda R Est and Dunkle Jonathan
Bought by
Hicks Taylor M and Hicks Pamela G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
7.69%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Magnus Robert B | $1,600,000 | None Available | |
| Hicks Taylor M | $645,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Magnus Robert B | $1,200,000 | |
| Previous Owner | Hicks Taylor M | $645,413 | |
| Previous Owner | Hicks Taylor M | $450,000 | |
| Previous Owner | Hicks Taylor M | $483,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2021 08/04/21 | Sold | $1,600,000 | +7.0% | $620 / Sq Ft |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- |
| 04/10/2021 04/10/21 | For Sale | $1,495,000 | +8.7% | $579 / Sq Ft |
| 10/23/2020 10/23/20 | Sold | $1,375,000 | -8.0% | $533 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $1,495,000 | +8.7% | $579 / Sq Ft |
| 09/16/2020 09/16/20 | Off Market | $1,375,000 | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $1,395,000 | 0.0% | $541 / Sq Ft |
| 05/01/2016 05/01/16 | Rented | $8,000 | 0.0% | -- |
| 04/01/2016 04/01/16 | Under Contract | -- | -- | -- |
| 03/29/2016 03/29/16 | For Rent | $8,000 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
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 | $15,454 | $1,065,800 | $645,500 | $420,300 |
| 2024 | $15,454 | $1,065,800 | $645,500 | $420,300 |
| 2023 | $11,915 | $611,000 | $399,400 | $211,600 |
| 2022 | $12,189 | $611,000 | $399,400 | $211,600 |
| 2021 | $12,189 | $611,000 | $399,400 | $211,600 |
| 2020 | $12,189 | $611,000 | $399,400 | $211,600 |
| 2019 | $12,189 | $611,000 | $399,400 | $211,600 |
| 2018 | $12,239 | $658,000 | $460,800 | $197,200 |
| 2017 | $12,009 | $658,000 | $460,800 | $197,200 |
| 2016 | $12,009 | $658,000 | $460,800 | $197,200 |
| 2015 | $11,680 | $658,000 | $460,800 | $197,200 |
| 2014 | $11,186 | $658,000 | $460,800 | $197,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jodi Strycharz
-
Susan Malan
Buyer's Agent in 2021
Susan Malan
William Pitt
(617) 645-4392
6 in this area
173 Total Sales
-
Ellen Henderson
Seller's Agent in 2016
Ellen Henderson
William Pitt
(860) 961-9643
1 in this area
14 Total Sales
-
Randy Russ
Buyer's Agent in 2016
Randy Russ
Russ Real Estate
(860) 961-0929
49 Total Sales
Map
Source: SmartMLS
MLS Number: 170386220
APN: LYME-000027-000000-000005
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