NOT LISTED FOR SALE

97 Lyme St Old Lyme, CT 06371

Estimated Value: $633,000 - $1,003,000

3 Beds
3 Baths
1,500 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $311,000 $207 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,208/month

Highlights

  • 2 Acre Lot
  • ENERGY STAR Certified Homes
  • Farmhouse Style Home
  • Mile Creek School Rated A
  • Partially Wooded Lot
  • Attic

About This Home

As of November 2019

Completely remodeled (including energy efficient HVAC) storybook farmhouse with a beautiful porch to sit and watch the world go by. 3 bedrooms, 3 full baths, laundry room, mud room, detached one car garage. Located directly across the street from the renowned Bee & Thistle Inn and walking distance to the Old Lyme Inn/The Side Door Jazz Club, Old Lyme Art Association, Florence Griswold Museum, Lyme Art Academy and many other area attractions. Restaurants, shopping, Post Office, Town Hall, and town beaches just minutes away. Old Lyme is situated approximately 10 mins from the Old Saybrook Amtrak and Shoreline East train station, 2 hours from both NYC and Boston, and a perfect place to get away from it all.

Last Agent to Rent the Property

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430 Listed on: 09/19/2019

William Pitt Sotheby's Int'l

Last Renter's Agent

Susan Malan

William Pitt Sotheby's Int'l License #REB.0794430 Listed on: 09/19/2019

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,276

Year Built

  • Built in 1905

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU 40

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Thermal Windows
  • Mud Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Bottled Gas Heating
  • Private Company Owned Well

Additional Features

  • ENERGY STAR Certified Homes
  • Rain Gutters
  • Property is near a golf course

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,276

Year Built

Built in 1905

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required, Annual Increase
  • Landlord Responsibility: Exterior Maintenance, Liability Insurance, Real Estate Taxes
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Unfurnished, Two Years, Three Years, Four Years
  • Security Deposit Details: $5,000.00
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities, Cable TV, Credit Check, Electricity, Heat, Hot Water, Insurance

Listing Details

  • Property Type: Residential Rental
  • Style: Farm House
  • Sq Ft Est Heated Above Grade: 1500
  • Public Record Living Room Sq Ft: 1500
  • Total Sq Ft: 1500
  • Year Built: 1905
  • Nearby Amenities: Golf Course, Library, Medical Facilities
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2718
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Range Hood, Refrigerator, Freezer, Washer, Dryer
  • Additional Rooms: Laundry Room, Mud Room
  • Laundry Room Location: First floor
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Bottle Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic Required

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Energy Star Rated, Thermopane Windows

Lot Info

  • Acres: 2.0000
  • Lot Description: Open Lot, Cleared, Level Lot, Lightly Wooded
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU 40

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 1551816

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2019 11/01/19 Rented $2,700 -9.8% --
10/31/2019 10/31/19 Under Contract -- -- --
09/19/2019 09/19/19 For Rent $2,995 0.0% --
07/05/2018 07/05/18 Sold $311,000 +42.0% $207 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $219,000 -- $146 / 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 $10,276 $633,120 $259,720 $373,400
2024 $10,317 $422,820 $184,320 $238,500
2023 $9,936 $422,820 $184,320 $238,500
2022 $8,176 $347,920 $184,320 $163,600
2021 $8,004 $343,520 $184,320 $159,200
2020 $7,970 $343,520 $184,320 $159,200
2019 $5,836 $260,400 $165,400 $95,000
2018 $5,705 $260,400 $165,400 $95,000
2017 $5,664 $260,400 $165,400 $95,000
2016 $5,520 $260,400 $165,400 $95,000
2015 $5,369 $260,400 $165,400 $95,000
2014 $5,712 $290,530 $165,230 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170236577

SmartMLS

APN: OLYM-000022-000000-000047