NOT LISTED FOR SALE

8 Colony Rd East Lyme, CT 06333

Estimated Value: $469,000 - $511,000

4 Beds
2.5 Baths
1,811 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $325,000 $179 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,214/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Corner Lot
  • East Lyme Middle School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of December 2020

Welcome to the sunny corner of Colony Rd. and Mayfield Terrace. This Classic Cape sits on a large corner lot with a large private backyard. Upon entering, you are greeted by a large family room with a dining room beyond. The kitchen is perfect just for cooking and opens up to another family room with a classic fireplace. There are 3 spacious bedrooms finishing off the main level. Heading to the second level there is a large bedroom with full bath and large attic space that has many uses. This classic home can be customized and made into your own. This home is being sold " as is". Inspections are for buyers knowledge only.

Last Agent to Sell the Property

Tammy Tinnerello

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

William Pitt Sotheby's Int'l

Last Buyer's Agent

Banglian Gao

United Realty Plus License #REB.0790952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1969

Lot Details

  • 0.47 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R40

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,811 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Screened Porch
  • Concrete Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Floors
  • Storage In Attic

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Flanders Elementary School
  • East Lyme Middle School
  • East Lyme High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,874

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Neighborhood: Flanders Village
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1811
  • Public Record Living Room Sq Ft: 1811
  • Total Sq Ft: 1811
  • Year Built: 1969
  • Nearby Amenities: Basketball Court, Golf Course, Medical Facilities, Playground/Tot Lot, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5336
  • Directions: GPS friendly. Exit 74 of I95. Follow 161 N to Colony Rd. 8 Colony Rd. on left .
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Floored, Storage Space
  • Basement Description: Full With Hatchway, Fully Finished, Concrete Floor
  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Location: Off kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Gutters, Lighting, Patio, Porch-Screened
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Flanders
  • Middle School: East Lyme
  • High School: East Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4700
  • Lot Description: In Subdivision, Cleared, Corner Lot, Level Lot, Fence - Partial, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R40

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4874
  • Total Assessed Value: 171850
  • Mil Rate Base: 28.360
  • Mil Rate Total: 28.360
  • Assessor Parcel Number: 1472006

MLS Schools

  • Elementary School: Flanders
  • Middle Jr High School: East Lyme
  • High School: East Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 11, 2020
Sold by
Carlson Helen R Est
Bought by
Shen Qiang and Xu Huiying
Seller's Agent
Tammy Tinnerello
William Pitt Sotheby's Int'l
Buyer's Agent
Banglian Gao
United Realty Plus
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$487,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,299
Avg. Annual Appreciation
8.56%
Original Mortgage
$243,750
Outstanding Balance
$218,008
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$260,919

Purchase Details

Closed on
Nov 18, 1968
Bought by
Carlson Helen R
Source: Public Records

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
Shen Qiang $325,000 None Available
Carlson Helen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Qiang $243,750
Previous Owner Carlson Helen R $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $325,000 0.0% $179 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $325,000 -- $179 / 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 $6,692 $238,910 $86,520 $152,390
2024 $6,295 $238,910 $86,520 $152,390
2023 $5,944 $238,910 $86,520 $152,390
2022 $5,696 $238,910 $86,520 $152,390
2021 $3,379 $170,450 $64,890 $105,560
2020 $4,874 $171,850 $64,890 $106,960
2019 $3,460 $171,850 $64,890 $106,960
2018 $4,700 $171,850 $64,890 $106,960
2017 $4,496 $171,850 $64,890 $106,960
2016 $4,761 $187,740 $77,840 $109,900
2015 $4,639 $187,740 $77,840 $109,900
2014 $4,511 $187,740 $77,840 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170342168

SmartMLS

APN: ELYM-004103-000011