$1,550,000
SOLD MAR 18, 2022
3 Beds
3.5 Baths
3,451 Sq Ft
11.87 Acres

Recently Sold

$449 Per Sq Ft

42% Below List Price

286 Days on Market

Highlights

  • Water Views
  • Guest House
  • 11.87 Acre Lot
  • Lyme Consolidated School Rated A-
  • Wine Cellar
  • Open Floorplan

About This Home

As of March 2022

Welcome to Laurel Hill. Enticingly perched atop the rolling hills of Lyme above Hamburg Cove, and seemingly within arms reach of soaring bald eagles, this gracious contemporary awes its visitors with dramatic views over the mouth of the CT River, the Sound and Long Island. Notable architect Jerome Buttrick designed Laurel Hill for his parents as a modern version of the nineteenth century New England shingle style. The only owners since its creation, the family is noteworthy for its long line of architects for many generations. Laurel Hill displays an elegance that subtly melds into its environment. Grounded by a large, granite rock, the first floor, with its quarter-sawn, white oak floors, changes in level to mimic the surrounding topography. Solid mahogany, custom doors and windows with UV protection on the south and east exposures beckon in the light and enhance the views. Rare, green slate around the fireplace, soaring 10' ceilings and European designed radiators add to the uniqueness of this home. A 2bd/2ba, 1,560 Sq foot guest house adds to the property's versatility for visiting friends or family and creates a total living space of just over 5,000 sq ft. With 11.87 acres surrounded by conservation land on 2 sides and protected from future development by restricted covenants on adjacent properties, this home affords total privacy. Professional landscaping and beautiful rock gardens only add to the allure of this magical oasis.

Last Agent to Sell the Property

Julia Rathkey

Coldwell Banker Realty License #RES.0793364

Coldwell Banker Realty

Last Buyer's Agent

Cheryl Auerbach

Berkshire Hathaway NE Prop. License #RES.0770213

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,219

Year Built

  • Built in 1993

Lot Details

  • 11.87 Acre Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Garden
  • Property is zoned R12

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,451 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Wine Cellar
  • Concrete Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Exterior Lighting
  • Porch

Additional Homes

  • Guest House

Schools

  • Lyme-Old Lyme High School

Utilities

  • Zoned Heating
  • Radiator
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Programmable Thermostat
  • Underground Utilities
  • Private Company Owned Well
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,219

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Neighborhood: Joshuatown
  • Property Type: Single Family For Sale
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3451
  • Total Sq Ft: 3451
  • Year Built: 1993
  • Direct Waterfront: No
  • Encumbrances Restrictions: Covenant, Deed Restrictions, Easements
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Joshuatown to #86. Drive down private road to first driveway on right. Red, wooden gate with #9 on post.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Concrete Floor
  • Interior Amenities: Cable - Pre-wired, Open Floor Plan
  • Appliances: Gas Cooktop, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Additional Rooms: Foyer, Wine Cellar
  • Laundry Room Info: Upper Level
  • Attic: Yes
  • Street Number Modifier: 86

Exterior Features

  • Exterior Features: Garden Area, Guest House, Lighting, Porch, Underground Sprinkler, Underground Utilities
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Dirt, Gravel

Utilities

  • Heat Type: Radiator, Zoned
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 11.8700
  • Lot Description: Water View, Rolling, Professionally Landscaped
  • Flood Zone: No
  • Zoning: R12

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 17219
  • Total Assessed Value: 863100
  • Mil Rate Base: 19.950
  • Mil Rate Total: 19.950
  • Assessor Parcel Number: 1521567

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 11, 2021
Closed on
Mar 18, 2022
Sold by
Buttrick Ann O Est and Ward-Buttrick
Bought by
Garcelon Travis and Garcelon Sofia
Seller's Agent
Julia Rathkey
Coldwell Banker Realty
Buyer's Agent
Cheryl Auerbach
Berkshire Hathaway NE Prop.
List Price
$2,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$1,145,000
-42.49%
Total Days on Market
286
Current Estimated Value
$1,922,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,192
Avg. Annual Appreciation
5.06%
Original Mortgage
$910,000
Outstanding Balance
$864,106
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$947,618

Purchase Details

Closed on
Oct 29, 1986
Bought by
Buttrick Harold and Buttrick Ann O

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Executors Deed $1,550,000 None Available
Executors Deed $1,550,000 None Available
Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $910,000 Purchase Money Mortgage
Closed $910,000 Purchase Money Mortgage
Previous Owner $500,000 No Value Available
Previous Owner $225,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $780,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,550,000 -20.5% $449 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
09/19/2021 09/19/21 Price Changed $1,950,000 -17.0% $565 / Sq Ft
06/20/2021 06/20/21 Price Changed $2,350,000 -12.8% $681 / Sq Ft
05/18/2021 05/18/21 For Sale $2,695,000 +63.3% $781 / Sq Ft
01/29/2021 01/29/21 Sold $1,650,000 -10.8% $385 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,850,000 -2.6% $432 / Sq Ft
02/03/2012 02/03/12 Sold $1,900,000 -30.9% $353 / Sq Ft
12/09/2010 12/09/10 Pending -- -- --
09/15/2010 09/15/10 For Sale $2,750,000 -- $510 / Sq Ft
Source: SmartMLS

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
2024 $15,985 $1,102,400 $635,900 $466,500
2023 $16,830 $863,100 $403,200 $459,900
2022 $17,219 $863,100 $403,200 $459,900
2021 $17,219 $863,100 $403,200 $459,900
2020 $17,219 $863,100 $403,200 $459,900
2019 $17,219 $863,100 $403,200 $459,900
2018 $19,647 $1,056,300 $545,800 $510,500
2017 $19,277 $1,056,300 $545,800 $510,500
2016 $19,277 $1,056,300 $545,800 $510,500
2015 $18,652 $1,050,800 $545,800 $505,000
2014 $17,864 $1,050,800 $545,800 $505,000
Source: Public Records

Source: SmartMLS

MLS Number: 170397518

SmartMLS

APN: LYME-000018-000000-000033