NOT LISTED FOR SALE

73 Connecticut Rd Old Lyme, CT 06371

Estimated Value: $687,000 - $1,077,547

3 Beds
1 Bath
1,140 Sq Ft
$790/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $360,000 $316 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $5,714/month

16 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Deck
  • Mile Creek School Rated A
  • Open Floorplan
  • Wetlands on Lot

About This Home

As of October 2017

A quiet, shaded retreat, this seasonal home is just a short walk to sandy Point O'Woods Beach and all its amenities -- boat basin, boardwalk, pavilion and tennis courts. The home's welcoming front porch leads into an open floor plan with living and dining areas with fireplace, and a well equipped kitchen. Three bedrooms and a full bath complete the cottage. The rear of the property features a spacious deck with lovely views of the area's salt marsh. A storage shed with outdoor shower and a fire pit complete the backyard.

Last Agent to Sell the Property

Mary Berry

Berry Realty License #REB.0051780 Listed on: 09/01/2017

Last Buyer's Agent

Kevin Geysen

William Pitt Sotheby's Int'l License #RES.0791166

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,297

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned VE

HOA Fees

  • $64 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Piling Construction

Interior Spaces

  • 1,140 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Wetlands on Lot
  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • No Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include tennis, lake/beach access, road maintenance

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,297

Year Built

Built in 1954

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Neighborhood: South Lyme
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1140
  • Public Record Living Room Sq Ft: 1140
  • Total Sq Ft: 1140
  • Year Built: 1954
  • Association Amenities: Basketball Court, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Special Assessment Details: Sewer Assessment
  • Public Record Gross Sq Ft: 1459
  • Directions: Route 156 to Point O'Woods. Go under bridge then straight on Connecticut Road. Bear right on Connecticut. After stop sign, watch for #73 on the right.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 73

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Association Required, Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: No Heat
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Tennis, Lake/Beach Access, Road Maintenance
  • HOA Fees: 770
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot Description: In Subdivision, Some Wetlands, Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: VE
  • Property Info: Seasonal Property

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6297
  • Total Assessed Value: 289500
  • Mil Rate Base: 21.750
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1555784

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 31, 2017
Sold by
Delucia Anne M
Bought by
Larkin Peter J and Larkin Elaine G
Seller's Agent
Mary Berry
Berry Realty
Buyer's Agent
Kevin Geysen
William Pitt Sotheby's Int'l
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$900,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,637
Avg. Annual Appreciation
12.19%
Original Mortgage
$288,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
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
Larkin Peter J $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John-Larkin Peter J $360,000
Closed Larkin Peter J $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $360,000 -9.8% $316 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $399,000 -10.3% $350 / Sq Ft
04/25/2012 04/25/12 Sold $445,000 -10.8% $390 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $499,000 -- $438 / 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 $9,370 $577,300 $353,600 $223,700
2024 $7,749 $317,600 $182,300 $135,300
2023 $5,652 $240,500 $182,300 $58,200
2022 $5,652 $240,500 $182,300 $58,200
2021 $5,604 $240,500 $182,300 $58,200
2020 $5,580 $240,500 $182,300 $58,200
2019 $6,488 $289,500 $225,700 $63,800
2018 $6,343 $289,500 $225,700 $63,800
2017 $6,297 $289,500 $225,700 $63,800
2016 $6,137 $289,500 $225,700 $63,800
2015 $5,969 $289,500 $225,700 $63,800
2014 $6,024 $306,400 $238,700 $67,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Berry

    Berry Realty

    (860) 434-9941

    4 in this area

    4 Total Sales

    Mary Berry
    Section Image
  • Kevin Geysen

    Buyer's Agent in 2017

    Kevin Geysen

    William Pitt

    (860) 805-0000

    6 in this area

    75 Total Sales

    Kevin Geysen
    Section Image
  • Terry Kemper

    Seller's Agent in 2012

    Terry Kemper

    Coldwell Banker Realty

    (860) 908-7820

    19 in this area

    82 Total Sales

    Terry Kemper
    Section Image
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Map

Source: SmartMLS

MLS Number: 170010147

SmartMLS

APN: OLYM-000091-000000-000016

Connecticut New London County Old Lyme 06371

73 Connecticut Rd, Old Lyme, CT

This home is located at 73 Connecticut Rd, Old Lyme, CT 06371 since 01 September 2017 and is currently estimated at $900,637, approximately $790 per square foot. This property was built in 1954. 73 Connecticut Rd is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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