NOT LISTED FOR SALE

7 Sandpiper Point Rd Old Lyme, CT 06371

Estimated Value: $928,000 - $1,102,000

1.35 Acres
$744,277 Price per Acre
58,719 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $205,000 $3 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $6,109/month

66 Days on Market

Highlights

  • Home fronts a pond
  • 1.35 Acre Lot
  • Cul-De-Sac
  • Mile Creek School Rated A
  • No HOA
  • Level Lot

About This Lot

As of October 2015

Pretty, easy building lot overlooking Shippee Pond on great little cul-de-sac street near Old Lyme village. Walk to
CT River boardkwalk and village. Beaches, marinas, and championship golf just minutes away. Convenient commuter access for near and far.

Last Agent to Sell the Property

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 06/26/2015

Coldwell Banker Realty

Last Buyer's Agent

Laurie Walker

William Pitt Sotheby's Int'l License #RES.0417234

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,975

Lot Details

  • 1.35 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Level Lot

Interior Spaces

  • 58,702 Sq Ft Home

Schools

  • Mile Creek Elementary School
  • Lyme -Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Oil Above Ground
  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,975

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 58702
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Directions: From NYC: I-95 to Exit 70, right onto Rte 156 South, right onto Ferry Rd, left onto Sandpiper Point Road. From Boston: I-95 to Exit 70, straight onto Halls Rd, left onto Rte 156 South, right onto Ferry Rd to left onto Sandpiper Pt Rd.
  • Special Features: None

Interior Features

  • Street Number Modifier: 7

Exterior Features

  • Waterfront Description: Pond, Direct Waterfront
  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 158

Utilities

  • Fuel Tank Location: Above Ground
  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Cable, Electric, Telephone
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme
  • Intermediate School: Lyme -Old Lyme

Lot Info

  • Acres: 1.3480
  • Lot Description: On Cul-De-Sac, Level Lot
  • Development Status: Approved Lot, Site Plan Recorded
  • Potential Land Uses: Single Family
  • Subdividable Ynu: No
  • Zoning: Residential

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 1975
  • Total Assessed Value: 95800
  • Mil Rate Total: 20.620
  • Assessor Parcel Number: 2599940

MLS Schools

  • Elementary School: Mile Creek
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 1979
Bought by
Marchant Maria C and Marchant Christopher J
Current Estimated Value
$1,003,286
Source: Public Records

Range of Values:

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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
Marchant Maria C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchant Maria C $599,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $205,000 -17.8% $3 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $249,500 -- $4 / 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 $9,671 $595,900 $212,900 $383,000
2024 $9,816 $402,300 $171,200 $231,100
2023 $9,322 $396,700 $171,200 $225,500
2022 $9,322 $396,700 $171,200 $225,500
2021 $9,243 $396,700 $171,200 $225,500
2020 $9,203 $396,700 $171,200 $225,500
2019 $8,112 $362,000 $127,100 $234,900
2018 $7,931 $362,000 $127,100 $234,900
2017 $7,874 $362,000 $127,100 $234,900
2016 $1,885 $88,900 $88,900 $0
2015 $1,833 $88,900 $88,900 $0
2014 $1,883 $95,800 $95,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10046996

SmartMLS

APN: OLYM-000016-000000-000022-000005