NOT LISTED FOR SALE

70 Lyme St Old Lyme, CT 06371

Estimated Value: $603,000 - $700,000

3 Beds
1.5 Baths
1,604 Sq Ft
$411/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $462,000 $288 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,124/month

84 Days on Market

Highlights

  • The property is located in a historic district
  • Antique Architecture
  • Mud Room
  • Mile Creek School Rated A
  • Attic
  • No HOA

About This Home

As of August 2020

Welcome to this beautifully updated light and bright 1800's Antique home located in the heart of Old Lyme village. Enjoy original details without sacrificing modern amenities. This house is artistically updated to provide comfortable living spaces. Enjoy entertaining in the large backyard or relax on the wraparound porch. This home is not to be missed. Conveniently located to shops, library, school, and art galleries.

Last Agent to Sell the Property

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 03/05/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 03/05/2020

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,257

Year Built

  • Built in 1880

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

Home Design

  • Antique Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Mud Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Wrap Around Porch

Location

  • Property is near shops
  • The property is located in a historic district

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,257

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Antique, Farm House
  • Sq Ft Est Heated Above Grade: 1604
  • Public Record Living Room Sq Ft: 1604
  • Total Sq Ft: 1604
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Library, Playground/Tot Lot, Shopping/Mall
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3372
  • Tax Year Updated Dt: 07/20/2020
  • Directions: From Rt. 95 take exit 70 to Lyme St. Home on the right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Appliances: Gas Range, Range Hood, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Lighting, Porch-Wrap Around, Shed
  • Exterior Siding: Shingle, Clapboard, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 0.3600
  • Lot Description: Historic District, Cleared, Level Lot, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R-15

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6257
  • Total Assessed Value: 269700
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1553411

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Aug 6, 2020
Sold by
Brault Lisa
Bought by
Mandell Jonathan and Mandell Margaret
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%
Current Estimated Value
$659,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,949
Avg. Annual Appreciation
8.68%
Original Mortgage
$302,000
Outstanding Balance
$269,098
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,530

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 2, 2020
Sold by
Brault David
Bought by
Brault Lisa
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Outstanding Balance
$269,098
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,530

Purchase Details

Closed on
Dec 1, 2006
Sold by
Rae Andrew and Rae Kimberly
Bought by
Brault David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%

Purchase Details

Closed on
Nov 30, 2004
Sold by
Sheffield Darian
Bought by
Rae Andrew and Rae Kimberly
Source: Public Records

Range of Values:

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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
Mandell Jonathan $462,000 None Available
Mandell Jonathan $462,000 None Available
Brault Lisa -- None Available
Brault Lisa -- None Available
Brault David $497,000 --
Rae Andrew $168,750 --
Brault David $497,000 --
Rae Andrew $168,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandell Jonathan $302,000
Closed Mandell Jonathan $302,000
Previous Owner Rae Andrew $320,000
Previous Owner Rae Andrew $290,305
Previous Owner Rae Andrew $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $462,000 -1.5% $288 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $469,000 -- $292 / 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 $6,677 $411,400 $154,900 $256,500
2024 $6,586 $269,900 $124,400 $145,500
2023 $6,338 $269,700 $124,200 $145,500
2022 $6,338 $269,700 $124,200 $145,500
2021 $6,284 $269,700 $124,200 $145,500
2020 $6,257 $269,700 $124,200 $145,500
2019 $6,111 $272,700 $134,800 $137,900
2018 $5,975 $272,700 $134,800 $137,900
2017 $5,931 $272,700 $134,800 $137,900
2016 $5,781 $272,700 $134,800 $137,900
2015 $5,623 $272,700 $134,800 $137,900
2014 $5,444 $276,900 $134,800 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170278546

SmartMLS

APN: OLYM-000057-000000-000067