NOT LISTED FOR SALE

77 Neck Rd Old Lyme, CT 06371

Estimated Value: $1,225,000 - $1,572,021

4 Beds
3.5 Baths
3,935 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,320,000 $335 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,569/month

29 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 3.25 Acre Lot
  • Partially Wooded Lot
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of January 2021

This stunning c. 1760 home was thoroughly remodeled from top to bottom in 2001, using the finest materials to create the perfect blend of antique charm with the best conveniences of modern living. Three distinct living areas –each with a wood-burning fireplace – allow plenty of space for both formal and informal living, making it a true entertainer’s dream. The eat-in chef’s kitchen includes top-of-the-line appliances, including a six-burner stove, double ovens, three sinks, and two dishwashers, plus two pantries and granite counters. The separate formal dining room overlooks the lovely gardens outside through extra-tall windows and French doors. Upstairs, the beautiful main bedroom has its own wood-burning fireplace, a stunning en suite bathroom, and a spacious walk-in closet. Three additional bedrooms, two baths, and an open lounge area at the top of the stairs complete the second level. Enjoy the privacy of 3.25 acres with sweeping lawns, a dramatic rock formation, a koi pond, lavender plantings and a gorgeous terrace accessed from French doors. Additionally, this home comes equipped with a full-house Generac generator. The perfect blend of elegance and comfort!

Last Listed By

Tammy Tinnerello

William Pitt Sotheby's Int'l License #RES.0801830 Listed on: 10/21/2020

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,303

Year Built

  • Built in 1760

Lot Details

  • 3.25 Acre Lot
  • Stone Wall
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU80

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Wood Shingle Roof
  • Shingle Siding
  • Stone Siding
  • Radon Mitigation System
  • Stone

Interior Spaces

  • 3,935 Sq Ft Home
  • Ceiling Fan
  • 3 Fireplaces
  • French Doors
  • Concrete Flooring
  • Pull Down Stairs to Attic
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Sub-Zero Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Energy-Efficient Lighting
  • Property is near shops

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,303

Year Built

Built in 1760

Lot Details

0

Listing Details

  • Neighborhood: Neck Road
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 3935
  • Public Record Living Room Sq Ft: 3935
  • Total Sq Ft: 3935
  • Year Built: 1760
  • Nearby Amenities: Playground/Tot Lot, Shopping/Mall
  • In Law Access: First Floor
  • In Law Apartment: Possible
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Public Record Gross Sq Ft: 5098
  • Directions: Route 156, home down on the right side about a mile.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access, Storage
  • Interior Amenities: Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Subzero
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Home Automation: Lighting, Thermostat(s)
  • Street Number Modifier: 77

Exterior Features

  • Exterior Features: French Doors, Garden Area, Lighting, Patio, Shed, Stone Wall
  • Exterior Siding: Shingle, Stone
  • Foundation Type: Concrete, Stone
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Circular, Crushed Stone

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 3.2500
  • Lot Description: Dry, Level Lot, Lightly Wooded, Rolling, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU80

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 11303
  • Total Assessed Value: 487200
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1552050

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 7, 2021
Sold by
Merris Benjamin A and Merris Meghan M
Bought by
Rubio Daniel R and Wagner Lauren
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Robert Carter
William Raveis Real Estate
List Price
$1,600,000
Sold Price
$1,320,000
Premium/Discount to List
-$280,000
-17.5%
Total Days on Market
29
Current Estimated Value
$1,360,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,340
Avg. Annual Appreciation
-0.52%
Original Mortgage
$1,056,000
Outstanding Balance
$960,573
Interest Rate
2.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,123

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 8, 2017
Sold by
Perks Michael F and Sandra Perks J
Bought by
Merris Benjamin A and Merris Meghan M
Seller's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
Buyer's Agent
Jennifer Caulfield
William Pitt Sotheby's Int'l
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$920,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1992
Sold by
Biglow Lucius H and Biglow Lucius
Bought by
Mcmahon Patrick S

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
Rubio Daniel R $1,320,000 None Available
Merris Benjamin A $1,500,000 --
Mcmahon Patrick S $222,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Daniel R $1,056,000
Previous Owner Merris Benjamin A $880,000
Previous Owner Merris Benjamin A $85,000
Previous Owner Mcmahon Patrick S $920,000
Previous Owner Mcmahon Patrick S $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $1,320,000 -5.0% $335 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/01/2020 11/01/20 Price Changed $1,390,000 -13.1% $353 / Sq Ft
10/21/2020 10/21/20 For Sale $1,600,000 +39.1% $407 / Sq Ft
09/06/2017 09/06/17 Sold $1,150,000 -3.8% $292 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $1,195,000 -- $304 / 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 $11,888 $487,200 $119,500 $367,700
2023 $11,449 $487,200 $119,500 $367,700
2022 $11,449 $487,200 $119,500 $367,700
2021 $11,352 $487,200 $119,500 $367,700
2020 $11,303 $487,200 $119,500 $367,700
2019 $13,556 $604,900 $141,300 $463,600
2018 $13,253 $604,900 $141,300 $463,600
2017 $13,157 $604,900 $141,300 $463,600
2016 $12,824 $604,900 $141,300 $463,600
2015 $12,473 $604,900 $141,300 $463,600
2014 $13,080 $665,300 $158,800 $506,500
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170349118

SmartMLS

APN: OLYM-000027-000000-000065