NOT LISTED FOR SALE

8 Short Hills Rd Old Lyme, CT 06371

Estimated Value: $631,000 - $701,000

3 Beds
2.5 Baths
2,214 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $400,000 $181 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,966/month

16 Days on Market

Highlights

  • 2.17 Acre Lot
  • Cape Cod Architecture
  • Secluded Lot
  • Mile Creek School Rated A
  • Deck
  • Partially Wooded Lot

About This Home

As of July 2020

Rustic Cape on 2.17 acres in private setting. Above the garage is a finished room with electricity. While the town has it listed as a 3 Bedroom, there is a 4th bedroom on the 1st floor currently used as a study. A main feature of the home is the wonderful great room with cathedral ceiling and exposed beams. The large country kitchen with wood burning stove accommodates a dining area and breakfast bar at center island. It is a natural gathering spot for casual meals and entertaining. From the kitchen there is a pass through “window” to the formal dining room which allows an open flow between the two rooms. Wide board floors run throughout most of the first floor. The living room is currently used as a home office, and the 1st floor bedroom is set up as an entertainment room. Adjacent to the latter is a 1st floor full bath creating the option for one floor living. The master bedroom has a vaulted ceiling and wooden beams to carry through with the rustic theme. A creative design with the master bath allows for joint use of the tub and shower with the hallway bath. Two additional bedrooms complete the 2nd floor. Enjoy the peacefulness and privacy of the outdoors from the porch, patio or deck. This property also has a large side and front yard while the deck overlooks a lightly wooded area. Conveniently located half way between New York and Boston your new home awaits you in the shoreline town of Old Lyme close to beaches, marinas and all the charm of a New England community.

Last Agent to Sell the Property

Paul Smyth

William Pitt Sotheby's Int'l License #RES.0641745 Listed on: 05/15/2020

William Pitt Sotheby's Int'l

Last Buyer's Agent

Janet Peckinpaugh

William Pitt Sotheby's Int'l License #RES.0798526

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,394

Year Built

  • Built in 1987

Lot Details

  • 2.17 Acre Lot
  • Secluded Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-80

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,214 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

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

Schools

  • Lyme-Old Lyme High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,394

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2214
  • Public Record Living Room Sq Ft: 2214
  • Total Sq Ft: 2214
  • Year Built: 1987
  • Nearby Amenities: Golf Course, Health Club, Medical Facilities, Private Rec Facilities, Private School(s), Shopping/Mall, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4584
  • Tax Year Updated Dt: 07/20/2020
  • Directions: GPS Friendly
  • 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
  • Basement Description: Full
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Patio, Porch
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 2.1700
  • Lot Description: Open Lot, Cleared, Secluded, Lightly Wooded
  • Flood Zone: No
  • Zoning: R-80

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6394
  • Mil Rate Base: 23.200
  • Assessor Parcel Number: 1551940

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
May 15, 2020
Closed on
Jul 17, 2020
Sold by
Allen Christa L
Bought by
Derynioski Brian and Derynioski Laurie
Seller's Agent
Paul Smyth
William Pitt Sotheby's Int'l
Buyer's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
List Price
$415,900
Sold Price
$400,000
Premium/Discount to List
-$15,900
-3.82%
Current Estimated Value
$656,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,133
Avg. Annual Appreciation
9.85%
Original Mortgage
$320,000
Outstanding Balance
$284,281
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$371,852

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jun 16, 2016
Sold by
Richardell Ronald J and Richardell Ellen H
Bought by
Allen Christa L
Seller's Agent
Ellen Henderson
William Pitt Sotheby's Int'l
Buyer's Agent
Herb Carlon
Coldwell Banker Realty
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$280,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
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
Derynioski Brian $400,000 None Available
Allen Christa L $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derynioski Brian $320,000
Previous Owner Allen Christa L $280,000
Previous Owner Allen Christa L $109,000
Previous Owner Allen Christa L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2020 07/21/20 Sold $400,000 -3.8% $181 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $415,900 +18.8% $188 / Sq Ft
06/10/2016 06/10/16 Sold $350,000 -12.3% $152 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
06/11/2015 06/11/15 For Sale $399,000 -- $173 / 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 $6,302 $388,300 $96,800 $291,500
2024 $6,725 $275,600 $100,100 $175,500
2023 $6,477 $275,600 $100,100 $175,500
2022 $6,477 $275,600 $100,100 $175,500
2021 $6,421 $275,600 $100,100 $175,500
2020 $6,394 $275,600 $100,100 $175,500
2019 $5,222 $233,000 $88,900 $144,100
2018 $5,105 $233,000 $88,900 $144,100
2017 $5,068 $233,000 $88,900 $144,100
2016 $4,940 $233,000 $88,900 $144,100
2015 $4,804 $233,000 $88,900 $144,100
2014 $5,031 $255,900 $88,900 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170294690

SmartMLS

APN: OLYM-000024-000000-000010