NOT LISTED FOR SALE

Old Lyme, CT 06371

Estimated Value: $547,000 - $923,000

3 Beds
2 Baths
2,928 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $220,000 $75 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $4,370/month

511 Days on Market

Highlights

  • 2.86 Acre Lot
  • Colonial Architecture
  • 2 Fireplaces
  • Lyme Consolidated School Rated A-
  • Attic
  • 1 Car Detached Garage

About This Home

As of November 2014

Classic 1850 "federalist" antique colonial. Absolutely amazing home has retained many charming original details with a perfect segue into todays modern needs w/ tasteful additions. Home offers almost unlimited potential on a huge lot. Lyme best buy!

Last Agent to Sell the Property

Barbara Morris

William Raveis Real Estate License #RES. Listed on: 04/30/2013

Last Buyer's Agent

William Ayles

William Pitt Sotheby's Int'l License #RES.0794775

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,256

Year Built

  • Built in 1850

Lot Details

  • 2.86 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Clap Board Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • 2 Fireplaces
  • Unfinished Basement
  • Partial Basement
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Driveway

Schools

  • Pboe Elementary School
  • Pboe Middle School
  • Pboe High School

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,256

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Total Sq Ft: 2928
  • Year Built: 1850
  • Direct Waterfront: No
  • Directions: Halls rd/us-1 to us-1/lyme st to grassy hill rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Partial, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: First Floor
  • Attic: Yes
  • Street Number Modifier: 247

Exterior Features

  • Exterior Siding: Clapboard
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Crushed Stone

Utilities

  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Schools

  • Elementary School: Pboe
  • High School: Pboe
  • Intermediate School: Pboe

Lot Info

  • Acres: 2.8600
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 6256
  • Total Assessed Value: 368000
  • Mil Rate Total: 17.000
  • Assessor Parcel Number: 1522120

MLS Schools

  • Elementary School: Pboe
  • High School: Pboe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Nov 24, 2014
Sold by
Astoria Federal Mtg Co
Bought by
Kath 3Rd Arthur P and Kath Pauline S
Seller's Agent
Barbara Morris
William Raveis Real Estate
Buyer's Agent
William Ayles
William Pitt Sotheby's Int'l
List Price
$349,900
Sold Price
$220,000
Premium/Discount to List
-$129,900
-37.12%
Current Estimated Value
$715,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,800
Avg. Annual Appreciation
11.35%
Original Mortgage
$238,435
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Wilson William A
Bought by
Campbell Paul and Delandevoisin Virgine

Purchase Details

Closed on
Dec 30, 1992
Sold by
Gribbons Joseph P and Gribbons Ethel
Bought by
Wilson William A
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Kath 3Rd Arthur P $220,000 --
Campbell Paul $320,845 --
Wilson William A $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathe Arthur $340,000
Closed Gribins Joseph P $285,000
Closed Gribins Joseph P $238,435
Previous Owner Gribins Joseph P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $220,000 -37.1% $75 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
04/30/2013 04/30/13 For Sale $349,900 -- $120 / 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 $5,397 $372,200 $114,900 $257,300
2024 $5,397 $372,200 $114,900 $257,300
2023 $5,290 $271,300 $82,200 $189,100
2022 $5,412 $271,300 $82,200 $189,100
2021 $5,412 $271,300 $82,200 $189,100
2020 $5,412 $271,300 $82,200 $189,100
2019 $5,412 $271,300 $82,200 $189,100
2018 $5,403 $290,500 $92,000 $198,500
2017 $5,302 $290,500 $92,000 $198,500
2016 $5,302 $290,500 $92,000 $198,500
2015 $5,156 $290,500 $92,000 $198,500
2014 $4,939 $290,500 $92,000 $198,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barbara Morris

    William Raveis Real Estate

  • W

    Buyer's Agent in 2014

    William Ayles

    William Pitt

    20 Total Sales

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Source: SmartMLS

MLS Number: G649696

SmartMLS

APN: LYME-000049-000000-000004

Connecticut New London County Old Lyme

06371

This home since 30 April 2013 and is currently estimated at $696,071, approximately $237 per square foot. This property was built in 1850. This home is a home located in New London County with nearby schools including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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.

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