$311,000
SOLD JUL 5, 2018

97 Lyme St Old Lyme, CT 06371

4 Beds
2 Baths
1,500 Sq Ft
2 Acres

Recently Sold

$207 Per Sq Ft

42% Above List Price

4 Days on Market

Highlights

  • The property is located in a historic district
  • 2 Acre Lot
  • Wetlands on Lot
  • Mile Creek School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of July 2018

Fabulous opportunity for a home renovation, this 1905 gem in the rough has been in the same family for 60+ years and is ready for a complete makeover.
Located just outside the village and across from the Bee & Thistle Inn, the house sits prettily on two open acres of grass, daffodils, older gardening beds and a babbling brook running along the back boundary. The property is within the Historic District in a one acre zone. Property being sold in "as is" condition and all offers subject to Probate approval process.

Last Agent to Sell the Property

Joseph Rhodes

Coldwell Banker Realty License #REB.0750631 Listed on: 04/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Amy Swan

Berkshire Hathaway NE Prop. License #RES.0751227

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1905

Lot Details

  • 2 Acre Lot
  • Home fronts a stream
  • Stone Wall
  • Level Lot
  • Open Lot
  • Garden
  • Property is zoned RU-40

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 1,500 Sq Ft Home
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Floors

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Wetlands on Lot
  • Shed

Location

  • The property is located in a historic district

Schools

  • Lyme-Old Lyme High School

Utilities

  • Floor Furnace
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,369

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1500
  • Public Record Living Room Sq Ft: 1500
  • Total Sq Ft: 1500
  • Year Built: 1905
  • Nearby Amenities: Library
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2718
  • Directions: Lyme Street to #97.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Floored
  • Basement Description: Full, Unfinished
  • Appliances: Gas Range, Dishwasher, Washer, Electric Dryer
  • Additional Rooms: Bonus Room
  • Laundry Room Location: off kitchen
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 97

Exterior Features

  • Exterior Features: Garden Area, Shed, Stone Wall
  • Exterior Siding: Shingle, Asbestos
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Brook
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Dirt, Gravel

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 2.0000
  • Lot Description: Historic District, Open Lot, Some Wetlands, Level Lot
  • Zoning: RU-40

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 5369
  • Total Assessed Value: 260400
  • Mil Rate Total: 21.750
  • Assessor Parcel Number: 1551816

MLS Schools

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

Range of Values:

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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 Change Sq Ft Price
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
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: 170075521

SmartMLS

APN: OLYM-000022-000000-000047