NOT LISTED FOR SALE

71 Lyme St Old Lyme, CT 06371

Estimated Value: $778,954 - $1,310,000

3 Beds
3.5 Baths
2,622 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $301,250 $115 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $6,311/month

127 Days on Market

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • 2 Car Attached Garage
  • Mile Creek School Rated A
  • No HOA
  • Outdoor Storage

About This Home

As of December 2016

Stately traditional colonial home with over 2,600 sq ft of living featuring 9 rooms, 3 bedrooms plus 3.1 baths. Unique floor plan affords many options to accommodate your life style. This 1907 built home has charm & character throughout including 3 fireplaces, 2nd floor sunroom and a large master bedroom suite area. The almost half acre lot is private and there is a separate studio building with electricity. Located in quaint downtown area - don't miss out on this opportunity to renovate this home back to the grandeur just waiting shine!

Last Agent to Sell the Property

Cheryl Keithan

Coldwell Banker Realty License #RES.0002510 Listed on: 07/12/2016

Coldwell Banker Realty

Last Buyer's Agent

John Swarts

William Pitt Sotheby's Int'l License #RES.0795404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,522

Year Built

  • Built in 1907

Lot Details

  • 0.45 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 2,622 Sq Ft Home
  • 3 Fireplaces
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,522

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Total Sq Ft: 2622
  • Year Built: 1907
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Exit 71 to Lyme Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Basement Description: Partial With Hatchway
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: No
  • Street Number Modifier: 71

Exterior Features

  • Exterior Features: Storage Building
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: Lyme-Old Lyme
  • Intermediate School: Lyme -Old Lyme

Lot Info

  • Acres: 0.4500
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 7522
  • Total Assessed Value: 354800
  • Mil Rate Total: 21.200
  • Assessor Parcel Number: 1553417

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Dec 22, 2016
Sold by
Federal National Mortgage Association
Bought by
Toriello Andrew
Seller's Agent
Cheryl Keithan
Coldwell Banker Realty
Buyer's Agent
John Swarts
William Pitt Sotheby's Int'l
List Price
$291,500
Sold Price
$301,250
Premium/Discount to List
$9,750
3.34%
Current Estimated Value
$1,026,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,897
Avg. Annual Appreciation
15.11%
Original Mortgage
$241,000
Interest Rate
4.3%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Webster Bank Na
Bought by
Fnma

Purchase Details

Closed on
Aug 14, 2009
Sold by
Murphy Janice
Bought by
Hendriks Anthony

Purchase Details

Closed on
Apr 5, 2002
Sold by
Nichols Madeleine W
Bought by
Brainerd Stanford H and Brainerd Wendy M
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
Toriello Andrew -- --
Fnma -- --
Hendriks Anthony -- --
Brainerd Stanford H $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyme Academy Apartments $2,440,000
Closed Hendriks Anthony $241,000
Closed Hendriks Anthony --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $301,250 +3.3% $115 / Sq Ft
11/29/2016 11/29/16 For Sale $291,500 -3.2% $111 / Sq Ft
11/28/2016 11/28/16 Off Market $301,250 -- --
11/16/2016 11/16/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $291,500 0.0% $111 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $291,500 0.0% $111 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $291,500 -- $111 / 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 $8,316 $512,400 $135,300 $377,100
2024 $7,645 $313,300 $108,900 $204,400
2023 $7,363 $313,300 $108,900 $204,400
2022 $7,363 $313,300 $108,900 $204,400
2021 $7,300 $313,300 $108,900 $204,400
2020 $7,269 $313,300 $108,900 $204,400
2019 $7,951 $354,800 $118,200 $236,600
2018 $7,774 $354,800 $118,200 $236,600
2017 $7,717 $354,800 $118,200 $236,600
2016 $7,522 $354,800 $118,200 $236,600
2015 $7,316 $354,800 $118,200 $236,600
2014 $6,228 $316,800 $118,200 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10152218

SmartMLS

APN: OLYM-000057-000000-000073