NOT LISTED FOR SALE

Estimated Value: $740,000 - $2,278,870

5 Beds
3.5 Baths
5,368 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2022

Last sale price $1,800,000 $335 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,890 / mo

166 Days on Market

Highlights

  • Guest House
  • Greenhouse
  • Attic
  • Mile Creek School Rated A
  • 5.1 Acre Lot
  • 4 Fireplaces

About This Home

As of June 2022

Built by Old Lyme Colony artist Harry Hoffman and his wife Beatrice Pope, "Chuluota" was constructed between 1908-1910 and designed to replicate an Italian Villa by Boston architects Magee and Rowe. This majestic, baronial like manor has elements that would be impossible to duplicate today. Constructed with local fieldstone and perched atop of Harding Hill and almost entirely surrounded by Old Lyme Preserve land, this iconic property boasts grandeur and privacy. A massive wrap around porch welcomes guests to this remarkable home which greets its inhabitants with 9'+ ceiling, 4 fireplaces, and displays unusual and intriguing elements. Most of the light fixtures were acquired in Spain when Harry and Beatrice travelled there during the two years that the house was being built. The stone fireplace in Harry's studio has a massive fabricated mantle with lion-heads.The music room has hand-stenciled walls by the artist's wife, Beatrice. But, surely, the highlight of the home is the painted panels in the living room and the upstairs bedroom. like the tradition at the Florence Griswold Museum for Old Lyme Colony artists, Harry chose to paint various, artistic scenes in the wood panels of his home which still remain on display today. A custom kitchen, mudroom area, Koi pond, and marble baths enhance the home. One bedroom carriage house over a detached 4 car garage and greenhouse sit on the property. Fifty year architectural shingle roof is only a few months old. Agent owner

Last Agent to Sell the Property

Julia Rathkey

Coldwell Banker Realty License #RES.0793364 Listed on: 10/28/2021

Coldwell Banker Realty

Last Buyer's Agent

Michela Harris

Signature Properties of N.E. License #RES.0758522

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,408

Year Built

  • Built in 1909

Lot Details

  • 5.1 Acre Lot
  • Garden
  • Property is zoned RU8

Home Design

  • Stone Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 5,368 Sq Ft Home
  • 4 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Workshop
  • Concrete Flooring

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Partially Finished Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 4 Car Garage
  • Private Driveway

Outdoor Features

  • Greenhouse
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Lyme-Old Lyme High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Floor Furnace
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Programmable Thermostat
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Property is near golf course

Listing and Financial Details

  • Assessor Parcel Number 1553570

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,408

Year Built

Built in 1909

Lot Details

5.1 Acres

Listing Details

  • Neighborhood: Sill Lane
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 5368
  • Total Sq Ft: 5368
  • Year Built: 1909
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Lake, Library, Paddle Tennis, Tennis Courts
  • In Law Access: Over Garage
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Rte 1 to Sill Lane
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Spec Assoc Asses: No
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 4
  • Attic Description: Partially Finished, Floored, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Interior Access
  • Interior Amenities: Cable - Available, Security System
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Disposal, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Greenhouse, Laundry Room, Mud Room, Workshop
  • Laundry Room Info: Upper Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Guest House, Gutters, Porch-Wrap Around, Underground Utilities
  • Exterior Siding: Shingle, Stone
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Stone

Garage/Parking

  • Garages Number: 4
  • Driveway Type: Private, Paved
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Water, Radiator, Zoned
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Private Well
  • Sewer: Septic

Green Features

  • Energy Features: Programmable Thermostat, Storm Doors, Storm Windows

Lot Info

  • Acres: 5.1
  • Lot Description: Secluded Borders Open Space Professionally Landscaped
  • Flood Zone: No
  • Zoning: RU8
  • Parcel #: 1553570

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 10408

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Jun 8, 2022
Sold by
Rathkey Julia
Bought by
Seller's Agent
Julia Rathkey
Coldwell Banker Realty
Buyer's Agent
Michela Harris
Signature Properties of N.E.
List Price
$2,250,000
Sold Price
$1,800,000
Premium/Discount to List
-$450,000
-20%
Current Estimated Value
$1,589,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,032
Avg. Annual Appreciation
-2.90%

Purchase Details

Closed on
Jul 6, 2009
Sold by
Thayer 3Rd Garland
Bought by
Rathkey Julia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Lyme, CT

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 None Available
Rathkey Julia $1,215,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $1,800,000 -9.8% $335 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
02/25/2022 02/25/22 Price Changed $1,995,000 -11.3% $372 / Sq Ft
11/05/2021 11/05/21 For Sale $2,250,000 -- $419 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,914 $857,300 $259,600 $597,700
2024 $10,899 $446,700 $128,100 $318,600
2023 $10,497 $446,700 $128,100 $318,600
2022 $10,497 $446,700 $128,100 $318,600
2021 $10,408 $446,700 $128,100 $318,600
2020 $10,363 $446,700 $128,100 $318,600
2019 $10,797 $481,800 $151,300 $330,500
2018 $10,556 $481,800 $151,300 $330,500
2017 $10,479 $481,800 $151,300 $330,500
2016 $10,214 $481,800 $151,300 $330,500
2015 $9,714 $471,100 $151,300 $319,800
2014 $10,066 $512,000 $163,000 $349,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170447969

SmartMLS

APN: OLYM-000060-000000-000037

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