Seller's Agent in 2016
James Childs
William Pitt
(860) 501-2110
5 in this area
25 Total Sales
7 Riverbend Rd Old Lyme, CT 06371
Estimated Value: $1,222,000 - $1,613,000
3
Beds
4.5
Baths
3,772
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Health Club
- Wine Cellar
- River Front
- Mile Creek School Rated A
- Medical Services
- 1.85 Acre Lot
About This Home
As of April 2016This fabulous Old Lyme Escape, completely renovated in the summer of 2015, is set on just under two private, professionally landscaped acres with sweeping water views of Lord Cove, Calves Island, Essex & the Connecticut River. The home is appointed with custom cabinetry, crown moldings, bead board, recessed paneling and hardwood floors throughout. The kitchen has new Thermador appliances, center island, marble countertops and a breakfast room with gas fireplace. The first floor consists of a master bedroom suite with two walk-in closets & radiant heated bathroom floors, the dining room, a sunroom & a sun filled living room with built-ins and a wood burning fireplace. The second floor is made up of two spacious bedrooms & two full bathrooms, one en suite to ensure comfort for relatives & guests. The lower level, with views of the water, features a family room with gas fireplace, guest room or home office and a full bath with steam shower. Enjoy the sunsets and outdoor entertaining from the large deck overlooking the back yard. House includes a new HVAC system, security and irrigation systems. Attached is a three-car garage with storage above. In addition, a two-car, heated garage with more storage is situated at the end of the long winding driveway. The entrance to this house is lined by mature trees, plantings, box woods and stone walls and is a short distance to Old Lyme village, museums, marinas, golf, farmer's markets, and restaurants. Association tennis court.
Last Agent to Sell the Property
William Pitt Sotheby's Int'l License #RES.0774148 Listed on: 02/29/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,067
Year Built
- Built in 1984
Lot Details
- 1.85 Acre Lot
- River Front
- Stone Wall
- Sprinkler System
- Partially Wooded Lot
- Garden
HOA Fees
- $1,000 Monthly HOA Fees
Home Design
- Clap Board Siding
Interior Spaces
- 3,772 Sq Ft Home
- Sound System
- 3 Fireplaces
- Awning
- Wine Cellar
- Water Views
- Walkup Attic
- Home Security System
Kitchen
- Oven or Range
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Attached Garage
- Parking Deck
- Automatic Garage Door Opener
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
- Outdoor Storage
- Rain Gutters
Location
- Property is near a golf course
Schools
- Pboe Elementary And Middle School
- Lyme -Old Lyme Middle School
- Lyme-Old Lyme High School
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Private Company Owned Well
- Oil Water Heater
- Fuel Tank Located in Basement
- Cable TV Available
Community Details
Overview
- Association fees include grounds maintenance, snow removal, tennis
- Riverbend Subdivision
Amenities
- Medical Services
Recreation
- Health Club
- Tennis Courts
- Community Playground
- Putting Green
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2022
Sold by
Rafal Dyanne M
Bought by
Dyanne M Rafal Ret and Rafal
Current Estimated Value
Purchase Details
Listed on
Feb 29, 2016
Closed on
Apr 29, 2016
Sold by
Gallagher Roxannah R and Gallagher Michael K
Bought by
Rafal Dyanne M
Seller's Agent
James Childs
William Pitt Sotheby's Int'l
Buyer's Agent
MJ Derisio
William Pitt Sotheby's Int'l
List Price
$1,198,000
Sold Price
$1,148,000
Premium/Discount to List
-$50,000
-4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Purchase Details
Closed on
Jul 31, 1998
Sold by
Deware John C and Deware Pamela H
Bought by
Gallagher Roxannah R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dyanne M Rafal Ret | -- | None Available | |
| Rafal Dyanne M | $1,148,000 | -- | |
| Gallagher Roxannah R | $680,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gallagher Roxannah R | $527,000 | |
| Previous Owner | Gallagher Roxannah R | $425,200 | |
| Previous Owner | Gallagher Roxannah R | $448,200 | |
| Previous Owner | Gallagher Roxannah R | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $1,148,000 | -4.2% | $304 / Sq Ft |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- |
| 02/29/2016 02/29/16 | For Sale | $1,198,000 | -- | $318 / Sq Ft |
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 | $16,809 | $1,035,700 | $519,700 | $516,000 |
| 2024 | $15,862 | $650,100 | $372,500 | $277,600 |
| 2023 | $15,277 | $650,100 | $372,500 | $277,600 |
| 2022 | $15,277 | $650,100 | $372,500 | $277,600 |
| 2021 | $15,147 | $650,100 | $372,500 | $277,600 |
| 2020 | $15,082 | $650,100 | $372,500 | $277,600 |
| 2019 | $15,288 | $682,200 | $334,300 | $347,900 |
| 2018 | $14,947 | $682,200 | $334,300 | $347,900 |
| 2017 | $14,838 | $682,200 | $334,300 | $347,900 |
| 2016 | $14,463 | $682,200 | $334,300 | $347,900 |
| 2015 | $14,067 | $682,200 | $334,300 | $347,900 |
| 2014 | $13,939 | $709,000 | $334,300 | $374,700 |
Source: Public Records
Agents Affiliated with this Home
-
James Childs
-
MJ Derisio
Buyer's Agent in 2016
MJ Derisio
William Pitt
(860) 304-8020
11 in this area
38 Total Sales
Map
Source: SmartMLS
MLS Number: N10112612
APN: OLYM-000021-000000-000041
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