NOT LISTED FOR SALE

8 Olivia Ln Old Lyme, CT 06371

Estimated Value: $859,036 - $930,000

3 Beds
2.5 Baths
2,873 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $729,000 $254 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,609/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Deck
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Property is near public transit

About This Home

As of August 2022

From the moment you step through the covered porch and into the bright foyer you will be captivated by the charm of this home. The view of the sunlight in the distance dancing off the heated inground pool welcomes you to this oasis. When this home was built, thoughtful upgrades were included to really make this a special home. Transom windows are found throughout the first floor, along with skylights in the great room to allow sunlight to fill this open plan. 10 ft ceilings on the 1st floor add to expansive feel of this layout. The kitchen has full height cabinetry, granite countertops, tile backsplash and SS appliances round out this topnotch space. The dining room has a chair rail and crown molding. The Great Room features a vaulted ceiling, skylights, gas fpl. Sliders open onto a deck and large patio that wraps around the pool. The primary first floor bedroom has an ensuite bath with 2 vanities and large custom walk-in tile shower. Upstairs the open foyer is a loft area, currently an office. 2 additional bedrooms and a hall bath with a tub/shower and large linen closet. Finishing out the 2nd floor is a large bonus room just filled with possibilities. Lots of extras to share with this home, Planation Blinds throughout, oversized garage, a new HVAC system and ceiling fans in many rooms, plus an irrigation system. The incredible mature landscaping will make you feel like you are at a resort when you enjoy the pool and deck area. Very special, not to be missed!

Last Agent to Sell the Property

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689 Listed on: 07/02/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Shane Bonanno

Coldwell Banker Realty License #RES.0757925

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,066

Year Built

  • Built in 2005

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned R20

Home Design

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

Interior Spaces

  • 2,873 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Lyme-Old Lyme High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Underground Utilities
  • Private Company Owned Well
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,066

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod, Contemporary
  • Sq Ft Est Heated Above Grade: 2873
  • Public Record Living Room Sq Ft: 2873
  • Total Sq Ft: 2873
  • Year Built: 2005
  • Nearby Amenities: Commuter Bus, Playground/Tot Lot, Tennis Courts
  • Direct Waterfront: No
  • Encumbrances Restrictions: Deed Restrictions
  • Home Warranty Offered: No
  • Special Assessment Details: min fees for garden in cul de sac
  • Public Record Gross Sq Ft: 5988
  • Tax Year Updated Dt: 07/02/2022
  • Directions: Rt 156E to Bailey Rd to Olivia
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: laundry room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Deck, Garden Area, Patio, Porch, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Vinyl
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.6900
  • Lot Description: In Subdivision, Level Lot, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R20

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7066
  • Total Assessed Value: 300700
  • Mil Rate Base: 23.500
  • Mil Rate Total: 23.500
  • Assessor Parcel Number: 2460976

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 24, 2022
Sold by
Hayles Kenneth F and Hayles Colleen
Bought by
Halperin Robert S and Mayer Alice H
Seller's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
Buyer's Agent
Shane Bonanno
Coldwell Banker Realty
List Price
$659,900
Sold Price
$729,000
Premium/Discount to List
$69,100
10.47%
Views
7
Current Estimated Value
$897,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,819
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ailanthus Farm Ests Ll
Bought by
Hayles Colleen and Hayles Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.82%
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
Halperin Robert S $729,000 None Available
Hayles Colleen $439,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayles Colleen $291,000
Previous Owner Hayles Colleen $100,000
Previous Owner Hayles Colleen $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $729,000 +10.5% $254 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $659,900 -- $230 / 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 $7,811 $481,300 $121,600 $359,700
2024 $7,337 $300,700 $83,500 $217,200
2023 $7,066 $300,700 $83,500 $217,200
2022 $7,066 $300,700 $83,500 $217,200
2021 $7,006 $300,700 $83,500 $217,200
2020 $6,976 $300,700 $83,500 $217,200
2019 $6,450 $287,800 $87,900 $199,900
2018 $6,306 $287,800 $87,900 $199,900
2017 $6,260 $287,800 $87,900 $199,900
2016 $6,101 $287,800 $87,900 $199,900
2015 $5,934 $287,800 $87,900 $199,900
2014 $6,156 $313,100 $87,900 $225,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170504529

SmartMLS

APN: OLYM-000045-000000-000017-000004