NOT LISTED FOR SALE

8 Bank Rd Old Lyme, CT 06371

Estimated Value: $481,275

1 Bed
1 Bath
960 Sq Ft
$501/Sq Ft Est. Value

About This Home

This home is located at 8 Bank Rd, Old Lyme, CT 06371 and is currently estimated at $481,275, approximately $501 per square foot. 8 Bank 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Fiala Lenice G
Bought by
4 Mile River Holdings Llc
Current Estimated Value
$481,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$222,464
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,811
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
4 Mile River Holdings Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4 Mile River Holdings Llc $250,000
Source: Public Records

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 $7,292 $449,300 $208,000 $241,300
2024 $6,661 $273,000 $139,066 $133,934
2023 $6,416 $273,000 $139,066 $133,934
2022 $10,533 $448,200 $224,300 $223,900
2021 $10,443 $448,200 $224,300 $223,900
2020 $10,398 $448,200 $224,300 $223,900
2019 $7,783 $347,300 $199,400 $147,900
2018 $7,609 $347,300 $199,400 $147,900
2017 $7,554 $347,300 $199,400 $147,900
2016 $7,363 $347,300 $199,400 $147,900
2015 $7,161 $347,300 $199,400 $147,900
2014 $5,613 $285,500 $200,000 $85,500
Source: Public Records

Map

Connecticut New London County Old Lyme 06371

8 Bank Rd, Old Lyme, CT

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