Seller's Agent in 2019
Judy Schaaf
Coldwell Banker Realty
(860) 227-3688
13 in this area
21 Total Sales
95 Cove Rd Old Lyme, CT 06371
Estimated Value: $3,261,000 - $5,316,000
5
Beds
8
Baths
7,350
Sq Ft
$612/Sq Ft
Est. Value
Highlights
- Barn
- In Ground Pool
- Waterfront
- Lyme Consolidated School Rated A-
- Sub-Zero Refrigerator
- 3.56 Acre Lot
About This Home
As of November 2019A sophisticated Georgian waterfront estate set on 3.5 landscaped acres with fabulous views overlooking Hamburg Cove and Connecticut River with deep water dock accommodating almost any size boat, in ground pool and 3 bay outbuilding for hobbies. This luxurious home with two wings is beautifully crafted and designed for easy daily living yet well equipped for formal events and entertaining. Gracious open layout, large custom kitchen with all the bells and whistles, master bedroom suite, solarium overlooking pool, lower level rec room, apartment or office over garage, and potential wing for guests or in laws. A perfect home in picturesque rural Lyme!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0606540 Listed on: 09/26/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,156
Year Built
- Built in 1996
Lot Details
- 3.56 Acre Lot
- Waterfront
- Property is zoned RU40
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Wood Shingle Roof
- Wood Siding
Interior Spaces
- Open Floorplan
- 4 Fireplaces
- Thermal Windows
- Mud Room
- Entrance Foyer
- Solarium
- Home Gym
- Water Views
- Partially Finished Basement
- Crawl Space
- Attic or Crawl Hatchway Insulated
- Home Security System
Kitchen
- Oven or Range
- Range Hood
- Sub-Zero Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Garage
- Automatic Garage Door Opener
- Private Driveway
Pool
- In Ground Pool
- Spa
Schools
- Lyme Consolidated Elementary School
- Lyme-Old Lyme Middle School
- Lyme-Old Lyme High School
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Oil Above Ground
- Power Generator
- Private Company Owned Well
- Cable TV Available
Additional Features
- Patio
- Barn
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2017
Closed on
Nov 22, 2019
Sold by
Heffernan Cheryl
Bought by
Loffredo Ralph and Nadeau Donna
Seller's Agent
Judy Schaaf
Coldwell Banker Realty
Buyer's Agent
Janet Peckinpaugh
William Pitt Sotheby's Int'l
List Price
$2,975,000
Sold Price
$2,050,000
Premium/Discount to List
-$925,000
-31.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,447,489
Avg. Annual Appreciation
13.42%
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
3.5%
Purchase Details
Closed on
Jul 11, 1995
Sold by
Rhodes Joseph H and Rhodes Norma Le
Bought by
Heffernan Mitchell L and Kelly Cheryl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.48%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loffredo Ralph | $2,050,000 | -- | |
| Loffredo Ralph | $2,050,000 | -- | |
| Heffernan Mitchell L | $250,000 | -- | |
| Heffernan Mitchell L | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loffredo Ralph | $1 | |
| Previous Owner | Heffernan Mitchell L | $2,000,000 | |
| Previous Owner | Heffernan Mitchell L | $750,000 | |
| Previous Owner | Heffernan Mitchell L | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $2,050,000 | -17.8% | $279 / Sq Ft |
| 09/21/2019 09/21/19 | Pending | -- | -- | -- |
| 06/28/2019 06/28/19 | Price Changed | $2,495,000 | -5.0% | $339 / Sq Ft |
| 04/08/2019 04/08/19 | Price Changed | $2,625,000 | -2.6% | $357 / Sq Ft |
| 09/25/2018 09/25/18 | Price Changed | $2,695,000 | -6.9% | $367 / Sq Ft |
| 06/20/2018 06/20/18 | Price Changed | $2,895,000 | -2.7% | $394 / Sq Ft |
| 09/26/2017 09/26/17 | For Sale | $2,975,000 | -- | $405 / 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 |
|---|---|---|---|---|
| 2025 | $34,268 | $2,363,300 | $908,400 | $1,454,900 |
| 2024 | $34,268 | $2,363,300 | $908,400 | $1,454,900 |
| 2023 | $33,386 | $1,712,100 | $648,600 | $1,063,500 |
| 2022 | $34,156 | $1,712,100 | $648,600 | $1,063,500 |
| 2021 | $34,156 | $1,712,100 | $648,600 | $1,063,500 |
| 2020 | $34,156 | $1,712,100 | $648,600 | $1,063,500 |
| 2019 | $34,156 | $1,712,100 | $648,600 | $1,063,500 |
| 2018 | $32,438 | $1,744,000 | $778,900 | $965,100 |
| 2017 | $31,828 | $1,744,000 | $778,900 | $965,100 |
| 2016 | $31,828 | $1,744,000 | $778,900 | $965,100 |
| 2015 | $30,956 | $1,744,000 | $778,900 | $965,100 |
| 2014 | $29,648 | $1,744,000 | $778,900 | $965,100 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Schaaf
-
Joseph Rhodes
Seller Co-Listing Agent in 2019
Joseph Rhodes
Coldwell Banker Realty
(860) 227-0921
22 in this area
50 Total Sales
-
Janet Peckinpaugh
Buyer's Agent in 2019
Janet Peckinpaugh
William Pitt
(860) 985-3659
1 in this area
38 Total Sales
Map
Source: SmartMLS
MLS Number: 170017223
APN: LYME-000017-000000-000006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.