NOT LISTED FOR SALE

8 Biscayne Blvd Old Lyme, CT 06371

Estimated Value: $453,439 - $633,000

2 Beds
1 Bath
872 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $192,500 $221 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,303/month

168 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Attic
  • Mile Creek School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of December 2015

PRICE REDUCED!!!! Great things come in Small Packages! Idyllic setting for this piece of Miami Beach right in Old Lyme that's difficult to replicate. Cozy & adorable cottage abounding with hedges that provide privacy and insulation; ample parking on side yard. Backyard has a warbling brook, an arched bridge that extends over the brook, and an embellishing weeping willow tree. Relax on your Trex deck overlooking the backyard and escape into oblivion as you watch the birds and listen to the harmonious sounds of nature. 5 minute walk to the beach for an exhilarating lift, and close to amenities for convenience. A darling of a home with loads of updates, open floor plan, newer kitchen, newer septic, new electrical and mechanicals, well maintained. Washer /dryer hook up. All of this and an outdoor shower - no need to bring the sand inside from the beach. Don't let this one slip by, act quickly before someone claims this little piece of paradise!! Prepare now and be ready to enjoy next summer at your very own private seasonal mini-resort!!

Last Agent to Sell the Property

Saundra Dubose

Coldwell Banker Realty License #RES.0783186 Listed on: 05/22/2015

Coldwell Banker Realty

Co-Listed By

Annie Kaye Nowak

Coldwell Banker Realty License #RES.0759456

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

  • $3,769

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts a stream
  • Level Lot

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 872 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Deck
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Pboe Elementary And Middle School
  • Lyme -Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Miami Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,769

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Bungalow, Ranch
  • Total Sq Ft: 872
  • Year Built: 1950
  • Nearby Amenities: Private School(s)
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: I-95 to exit 71, turn left onto four mile river road, follow route 156 to Biscayne Blvd.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space, Unfinished
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Dishwasher, Oven/Range, Refrigerator
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Aluminum
  • Waterfront Description: Brook
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Unpaved
  • Driveway Type: Dirt, Private

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic
  • Electrical Amperage: 100

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: Lyme-Old Lyme
  • Intermediate School: Lyme -Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Flood Zone: No

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 3769
  • Total Assessed Value: 182800
  • Mil Rate Total: 20.620
  • Assessor Parcel Number: 1555389

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Dec 21, 2015
Sold by
Palios Louis C
Bought by
Mccormick Howard F and Mccormick Kathryn S
Seller's Agent
Saundra Dubose
Coldwell Banker Realty
Buyer's Agent
Kevin Geysen
William Pitt Sotheby's Int'l
List Price
$239,900
Sold Price
$192,500
Premium/Discount to List
-$47,400
-19.76%
Current Estimated Value
$520,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,226
Avg. Annual Appreciation
11.50%
Original Mortgage
$122,500
Outstanding Balance
$97,464
Interest Rate
3.89%
Estimated Equity
$452,146

Purchase Details

Closed on
Aug 29, 2006
Sold by
Mccann Michael and Mccann John
Bought by
Palios Louis and Palios Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.83%
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
Mccormick Howard F $96,250 --
Mccormick Howard F $96,250 --
Palios Louis $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palios Louis $122,500
Previous Owner Palios Louis $199,971
Previous Owner Palios Louis $210,000
Previous Owner Palios Louis $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $192,500 -19.8% $221 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $239,900 -- $275 / 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 $5,424 $334,200 $223,000 $111,200
2024 $4,404 $180,500 $122,600 $57,900
2023 $4,242 $180,500 $122,600 $57,900
2022 $4,242 $180,500 $122,600 $57,900
2021 $4,206 $180,500 $122,600 $57,900
2020 $4,188 $180,500 $122,600 $57,900
2019 $4,421 $197,300 $138,000 $59,300
2018 $4,323 $197,300 $138,000 $59,300
2017 $4,291 $197,300 $138,000 $59,300
2016 $4,183 $197,300 $138,000 $59,300
2015 $4,068 $197,300 $138,000 $59,300
2014 $3,594 $182,800 $116,600 $66,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Saundra Dubose

    Coldwell Banker Realty

    Section Image
  • Annie Kaye Nowak

    Seller Co-Listing Agent in 2015

    Annie Kaye Nowak

    Coldwell Banker Realty

    (860) 460-6859

    9 in this area

    68 Total Sales

    Section Image
  • Kevin Geysen

    Buyer's Agent in 2015

    Kevin Geysen

    William Pitt

    (860) 805-0000

    6 in this area

    77 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: E10047568

SmartMLS

APN: OLYM-000083-000000-000045

Connecticut New London County Old Lyme 06371

8 Biscayne Blvd, Old Lyme, CT

This home is located at 8 Biscayne Blvd, Old Lyme, CT 06371 since 22 May 2015 and is currently estimated at $549,610, approximately $630 per square foot. This property was built in 1950. 8 Biscayne Blvd 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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