Seller's Agent in 2024
Terry Kemper
Coldwell Banker Realty
(860) 908-7820
18 in this area
79 Total Sales
8 Billow Rd Old Lyme, CT 06371
Estimated Value: $718,000 - $914,000
3
Beds
1
Bath
1,052
Sq Ft
$774/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Attic
- Mile Creek School Rated A
- Ranch Style House
- 2 Fireplaces
About This Home
As of December 2024The charming beach house has been transformed from a 1949 summer cottage to a modern day home ready for year-round living. The pristine hardwood floors are original, but the rest of this house has been given a complete and total renovation. Home includes modern kitchen with all new wood cabinets, granite countertops, and black chrome appliances, living room with new propane powered fireplace insert and brand new finishes, and front porch with windows on all three sides that has been totally insulated and now functions as a dining room. Ceilings have been lifted in both the living room and the front porch. The falling down garage was reconstructed into office/yoga studio/entertaining space complete with its own deck, fireplace, cork floors and outdoor lighting. This is a special location within Old Lyme Shores as it backs up to undeveloped Edge Lea property, has a large lot with a stone wall, and provides amazing privacy for a beach house. Come enjoy this fabulous newly built property with access to one of the loveliest beach communities in Old Lyme.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0766534 Listed on: 10/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,208
Year Built
- Built in 1949
Lot Details
- 10,019 Sq Ft Lot
- Seasonal Access to Property
- Stone Wall
- Level Lot
- Property is zoned R-10
HOA Fees
- $77 Monthly HOA Fees
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Shingled Roof
- HardiePlank Siding
- Piling Construction
Interior Spaces
- 1,052 Sq Ft Home
- Open Floorplan
- 2 Fireplaces
- Thermal Windows
- Attic or Crawl Hatchway Insulated
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Sump Pump
- Dirt Floor
- Crawl Space
Parking
- 6 Parking Spaces
- Parking Deck
- Gravel Driveway
Eco-Friendly Details
- Energy-Efficient Insulation
Outdoor Features
- Deck
- Exterior Lighting
- Shed
- Rain Gutters
Location
- Property is near shops
- Property is near a golf course
Schools
- Lyme-Old Lyme High School
Utilities
- Central Air
- Heat Pump System
- Programmable Thermostat
- Tankless Water Heater
- Propane Water Heater
Community Details
- Association fees include lake/beach access, security service, grounds maintenance, snow removal
Listing and Financial Details
- Assessor Parcel Number 1555653
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Nov 25, 2024
Sold by
Ogeary Jeffrey F and Troiano Peter F
Bought by
Schneider Carl S
Seller's Agent
Terry Kemper
Coldwell Banker Realty
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,011
Avg. Annual Appreciation
8.28%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schneider Carl S | $750,000 | None Available | |
| Schneider Carl S | $750,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2024 12/02/24 | Sold | $750,000 | 0.0% | $713 / Sq Ft | |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- | |
| 10/18/2024 10/18/24 | Price Changed | $750,000 | -6.1% | $713 / Sq Ft | |
| 10/05/2024 10/05/24 | For Sale | $799,000 | +153.7% | $760 / Sq Ft | |
| 07/15/2015 07/15/15 | Sold | $315,000 | -4.3% | $293 / Sq Ft | View Prior Sale |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $329,000 | -- | $306 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $7,943 | $489,400 | $318,600 | $170,800 |
| 2024 | $7,208 | $295,400 | $209,300 | $86,100 |
| 2023 | $6,942 | $295,400 | $209,300 | $86,100 |
| 2022 | $6,942 | $295,400 | $209,300 | $86,100 |
| 2021 | $6,883 | $295,400 | $209,300 | $86,100 |
| 2020 | $6,853 | $295,400 | $209,300 | $86,100 |
| 2019 | $5,204 | $232,200 | $161,000 | $71,200 |
| 2018 | $5,088 | $232,200 | $161,000 | $71,200 |
| 2017 | $4,541 | $208,800 | $161,000 | $47,800 |
| 2016 | $4,427 | $208,800 | $161,000 | $47,800 |
| 2015 | $4,305 | $208,800 | $161,000 | $47,800 |
| 2014 | $5,568 | $283,200 | $225,400 | $57,800 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Kemper
-
Kimberly Petersen
Seller Co-Listing Agent in 2024
Kimberly Petersen
Coldwell Banker Realty
(860) 434-8600
10 in this area
53 Total Sales
-
Angela Ruel
Buyer's Agent in 2024
Angela Ruel
Berkshire Hathaway Home Services
(860) 575-0754
6 in this area
87 Total Sales
-
Carolene Mahnken
Buyer's Agent in 2015
Carolene Mahnken
William Raveis Real Estate
(203) 494-5808
29 Total Sales
Map
Source: SmartMLS
MLS Number: 24050663
APN: OLYM-000085-000000-000018
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