NOT LISTED FOR SALE

7 Old Bridge Rd Old Lyme, CT 06371

Estimated Value: $696,000 - $1,067,537

1 Bed
2 Baths
986 Sq Ft
$905/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $625,000 $634 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,673/month

314 Days on Market

Highlights

  • Medical Services
  • River Front
  • Open Floorplan
  • Mile Creek School Rated A
  • 1.6 Acre Lot
  • Colonial Architecture

About This Home

As of May 2017

Sited on the east bank of the Connecticut River with 180 feet of direct waterfront access, this residence is set in a secluded enclave of beautiful homes in the heart of Old Lyme Village. Currently utilized as a weekend retreat, this architecturally designed and custom built house features an open floor plan of one-floor living, with Brazilian cherry flooring, and comprising a stunning Chef's kitchen with sliders leading to the dining deck, Great Room with warming fireplace, and bedroom and bath tucked privately away from the living space. Absolutely stunning views of the River and and beyond are seen from every angle, and strategically placed windows fill the house with natural light...and the sunsets will "knock your socks off"! The second level offers the potential for two bedrooms and full bath, and the full walk-out lower level also provides for additional living space. With the property fully prepped for a four bedroom home, this is a unique opportunity to acquire a beautiful Connecticut River waterfront and make it your own, either by completing the existing footprint or with a large expansion. Simply amazing!

Last Agent to Sell the Property

Jennifer Caulfield

William Pitt Sotheby's Int'l License #RES.0360692 Listed on: 05/24/2016

William Pitt Sotheby's Int'l

Last Buyer's Agent

Sarah Kolman

The Heritage Group, LLC License #RES.0774968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,432

Year Built

  • Built in 2005

Lot Details

  • 1.6 Acre Lot
  • River Front
  • Stone Wall
  • Secluded Lot
  • Garden

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 986 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Rough-In
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Deck
  • Driveway

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Private Company Owned Well
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a golf course

Community Details

Recreation

  • Putting Green

Additional Features

  • No Home Owners Association
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,432

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 986
  • Year Built: 2005
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Public Trash Pickup
  • In Law Access: Possible
  • Association Amenities: Putting Green, Medical Facilities
  • In Law Apartment: Possible
  • Easements Right Of Way: Of Record
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: From I95 North, exit 70, left at end of exit, take left at second light. House on the right through gate, sign.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Liveable Space
  • Interior Amenities: Open Floor Plan, Cable - Pre-wired
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Additional Rooms: Roughed-In Bath
  • Laundry Room Location: Lower Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Garden Area, Stone Wall
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Access, Frontage, River, View, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Driveway Type: Crushed Stone

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic
  • Electrical Amperage: 200

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Lyme -Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 1.5983
  • Lot Description: Secluded, Water View, Fence - Stone
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 10432
  • Assessor Parcel Number: 1551630

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2000
Sold by
Terry Cheryl
Bought by
Roche Robert A and Roche James C
Current Estimated Value
$892,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roche Robert A $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roche Robert A $400,000
Closed Roche Robert A $230,000
Closed Roche Robert A $150,000
Closed Roche Robert A $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $625,000 -9.4% $634 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $690,000 -4.2% $700 / Sq Ft
10/31/2016 10/31/16 Price Changed $720,000 -5.9% $730 / Sq Ft
08/15/2016 08/15/16 Price Changed $765,000 -3.2% $776 / Sq Ft
05/24/2016 05/24/16 For Sale $790,000 -- $801 / 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 $11,677 $719,500 $487,300 $232,200
2024 $11,483 $470,600 $338,800 $131,800
2023 $11,059 $470,600 $338,800 $131,800
2022 $11,059 $470,600 $338,800 $131,800
2021 $1,886 $470,600 $338,800 $131,800
2020 $10,918 $470,600 $338,800 $131,800
2019 $11,028 $492,100 $357,600 $134,500
2018 $10,782 $492,100 $357,600 $134,500
2017 $10,703 $492,100 $357,600 $134,500
2016 $10,433 $492,100 $357,600 $134,500
2015 $10,147 $492,100 $357,600 $134,500
2014 $9,842 $500,600 $342,700 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10137562

SmartMLS

APN: OLYM-000021-000000-000003