NOT LISTED FOR SALE

77 Cove Rd Old Lyme, CT 06371

Estimated Value: $2,067,000 - $2,684,368

3 Beds
3.5 Baths
3,000 Sq Ft
$770/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $2,100,000 $700 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $15,019/month

365 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Waterfront
  • Lyme Consolidated School Rated A-
  • Sub-Zero Refrigerator
  • 1.94 Acre Lot

About This Home

As of November 2024

This superbly crafted 3,000 sq. ft. Contemporary Shingle style home sits privately on 1.94 acres with 320 feet of frontage on Hamburg Cove. Property features include an inground gunite pool with patio surround, documented dock, separate workshop building with plumbing & electrical service, a lovely English style garden and abundant boxwood and hydrangea hedges that accentuate the driveway and house. Once inside the gracious front entry, a standard of high quality craftsmanship becomes apparent at every turn as the living spaces blend together seamlessly. Gleaming wood floors, custom moldings, an abundance of windows, interesting architectural details and views of the Cove are featured throughout. The kitchen has a large center island with barstool seating, granite counters and a host of commercial grade appliances guaranteed to please any Chef. Of great utilitarian value are the large walk-in attic and full basement facilitating storage of all kinds for all seasons. The location is sought after for its rural beauty and water access which combine to make this property a true Lyme treasure!

Last Agent to Sell the Property

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631 Listed on: 10/05/2023

Coldwell Banker Realty

Co-Listed By

Judy Schaaf

Coldwell Banker Realty License #RES.0606540

Last Buyer's Agent

Kara Pedersen

Carl Guild & Associates License #RES.0818709

Carl Guild & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,267

Year Built

  • Built in 1998

Lot Details

  • 1.94 Acre Lot
  • Waterfront
  • Garden
  • Property is zoned RU40

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Awning
  • Sitting Room
  • Workshop

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Sub-Zero Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

  • Home Security System
  • Smart Thermostat

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Oil
  • Hydro-Air Heating System
  • Power Generator
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2327634

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,267

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Neighborhood: Hamburg
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3000
  • Total Sq Ft: 3000
  • Year Built: 1998
  • New Construction: No/Resale
  • Nearby Amenities: Library
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Water Ynu: No
  • Directions: Cove Road to #77.
  • Financing Used: Conventional Fixed
  • In Law Apartment: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Unfinished, Storage Space, Floored, Walk-up
  • Basement Description: Full, Unfinished, Storage, Walk-out
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Gas Cooktop, Oven/Range, Wall Oven, Microwave, Range Hood, Refrigerator, Subzero, Dishwasher, Disposal, Washer, Dryer
  • Additional Rooms: Laundry Room, Mud Room, Sitting Room, Workshop
  • Laundry Room Location: Off kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Home Automation: Security System, Thermostat(s)
  • Street Number Modifier: 77

Exterior Features

  • Exterior Features: Awnings, Barn, Gutters, Garden Area, Patio
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Harbor Dock or Mooring View
  • Swimming Pool: Yes
  • Pool: Gunite, In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Domestic
  • Water Source: Private Well
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Generator, Thermopane Windows

Lot Info

  • Acres: 1.94
  • Lot Description: Lightly Wooded Sloping Lot Professionally Landscaped Water View
  • Zoning: RU40
  • Parcel #: 2327634

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 25267
  • Total Assessed Value: 1742600
  • Mil Rate Total: 14.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 15, 2024
Sold by
Chandler Patricia J Est and Chandler
Bought by
Griskauskas Robert and Griskauskas Irene
Seller's Agent
Joseph Rhodes
Coldwell Banker Realty
Buyer's Agent
Kara Pedersen
Carl Guild & Associates
List Price
$2,495,000
Sold Price
$2,100,000
Premium/Discount to List
-$395,000
-15.83%
Total Days on Market
365
Views
565
Current Estimated Value
$2,311,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,456
Avg. Annual Appreciation
17.66%
Original Mortgage
$1,470,000
Outstanding Balance
$1,462,252
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$849,204

Purchase Details

Closed on
Jun 1, 2022
Sold by
Chandler Patricia J and Chandler Robert J
Bought by
Chandler Patricia J and Chandler Robert J

Purchase Details

Closed on
Jan 16, 1997
Sold by
Johnson Tr Ronald S
Bought by
Chandler Robert J and Chandler Patricia J
Source: Public Records

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Range of Values:

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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
Griskauskas Robert $2,100,000 None Available
Griskauskas Robert $2,100,000 None Available
Chandler Patricia J -- None Available
Chandler Robert J $347,000 --
Chandler Robert J $347,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griskauskas Robert $1,470,000
Closed Griskauskas Robert $1,470,000
Previous Owner Chandler Robert J $750,000
Previous Owner Chandler Robert J $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $2,100,000 0.0% $700 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $2,100,000 -15.8% $700 / Sq Ft
07/29/2024 07/29/24 For Sale $2,495,000 +18.8% $832 / Sq Ft
07/29/2024 07/29/24 Off Market $2,100,000 -- --
06/24/2024 06/24/24 Price Changed $2,495,000 -7.6% $832 / Sq Ft
04/29/2024 04/29/24 Price Changed $2,700,000 -6.9% $900 / Sq Ft
01/29/2024 01/29/24 Price Changed $2,900,000 -9.4% $967 / Sq Ft
10/05/2023 10/05/23 For Sale $3,200,000 -- $1,067 / 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
2024 $25,268 $1,742,600 $893,800 $848,800
2023 $17,956 $920,800 $568,600 $352,200
2022 $18,370 $920,800 $568,600 $352,200
2021 $18,370 $920,800 $568,600 $352,200
2020 $18,370 $920,800 $568,600 $352,200
2019 $18,370 $920,800 $568,600 $352,200
2018 $19,377 $1,041,800 $679,800 $362,000
2017 $19,013 $1,041,800 $679,800 $362,000
2016 $19,013 $1,041,800 $679,800 $362,000
2015 $18,492 $1,041,800 $679,800 $362,000
2014 $17,711 $1,041,800 $679,800 $362,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170601063

SmartMLS

APN: LYME-000017-000000-000025