NOT LISTED FOR SALE

8 Meadow Ln Old Lyme, CT 06371

Estimated Value: $509,000 - $569,000

3 Beds
2 Baths
1,469 Sq Ft
$371/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $410,000 $279 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,265/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • No HOA
  • Mile Creek School Rated A
  • 1 Fireplace
  • Thermal Windows

About This Home

As of July 2021

A rare opportunity for this location at this price! This lovely cape has been updated over the last few years with a new roof, windows, kitchen refresh with new Quartz counters and all new appliances, bathrooms... and a quiet 1/2 acre lot in a cul-de-sac neighborhood! Hardwood floors, a sunroom, fireplace, large bedrooms, and an attached garage - want to walk to the local ice cream stand, or bike to the beach? This location allows for easy strolls to watch sunsets over the Black Hall River, summer vibes, and accessing all of the charming sights of Old Lyme...Just move right in and enjoy summertime on the CT Shoreline!!

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 05/11/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Stephanie DeBiasi

Berkshire Hathaway NE Prop. License #RES.0804250

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1974

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Many Trees
  • Property is zoned R20

Home Design

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

Interior Spaces

  • 1,469 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Private Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Flood Zone Lot

Schools

  • Mile Creek Elementary School
  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,130

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Neighborhood: Mile Creek
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 1469
  • Public Record Living Room Sq Ft: 1469
  • Total Sq Ft: 1469
  • Year Built: 1974
  • Nearby Amenities: Lake, Tennis Courts
  • Remarks Public Addendum: Flood policy is transferable - Owner is paying $1,019 as an annual premium.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2896
  • Directions: Rt. 156 to Bailey Rd. Right onto Meadow. House on left.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Interior Amenities: Auto Garage Door Opener
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Mile Creek
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4700
  • Lot Description: On Cul-De-Sac, Level Lot, Treed
  • Flood Zone: Yes
  • Zoning: R20

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4130
  • Total Assessed Value: 178000
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1552650

MLS Schools

  • Elementary School: Mile Creek
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 2, 2021
Sold by
Cote Renee
Bought by
Elliott Ashlyn and Boduroglu Eren
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Stephanie DeBiasi
Berkshire Hathaway NE Prop.
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$544,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,402
Avg. Annual Appreciation
6.87%
Original Mortgage
$328,000
Outstanding Balance
$297,609
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,793

Purchase Details

Closed on
Dec 18, 2006
Sold by
Bourne Maryann
Bought by
Blankenship Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.31%
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
Elliott Ashlyn $410,000 None Available
Blankenship Renee $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Ashlyn $328,000
Previous Owner Blankenship Renee $242,180
Previous Owner Blankenship Renee $240,000
Previous Owner Blankenship Renee $223,200
Previous Owner Blankenship Renee $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $410,000 +2.5% $279 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $399,900 -- $272 / 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 $4,533 $279,300 $106,900 $172,400
2024 $4,343 $178,000 $73,500 $104,500
2023 $4,183 $178,000 $73,500 $104,500
2022 $4,183 $178,000 $73,500 $104,500
2021 $4,147 $178,000 $73,500 $104,500
2020 $4,130 $178,000 $73,500 $104,500
2019 $3,897 $173,900 $77,400 $96,500
2018 $3,810 $173,900 $77,400 $96,500
2017 $3,782 $173,900 $77,400 $96,500
2016 $3,687 $173,900 $77,400 $96,500
2015 $3,586 $173,900 $77,400 $96,500
2014 $3,785 $192,500 $77,400 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170396300

SmartMLS

APN: OLYM-000045-000000-000006