NOT LISTED FOR SALE

Old Lyme, CT 06371

Estimated Value: $478,000 - $607,000

3 Beds
1 Bath
1,698 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $221,500 $130 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,356/month

10 Days on Market

Highlights

  • Antique Architecture
  • 1 Fireplace
  • Enclosed Patio or Porch
  • Lyme Consolidated School Rated A-
  • No HOA
  • Hot Water Circulator

About This Home

As of January 2018

Adorable 1800's farmhouse on 1.5 open acres in Historic Lyme. This home has been in the same family for almost 100 years! Enjoy the finest in country living in this adorable home with limitless possibilities.

Last Agent to Sell the Property

Mike Perkins

William Pitt Sotheby's Int'l License #RES.0769087 Listed on: 11/20/2017

William Pitt Sotheby's Int'l

Last Buyer's Agent

S. Michele Doucette

Coldwell Banker Realty License #RES.0804195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1846

Lot Details

  • 1.5 Acre Lot
  • Cleared Lot

Home Design

  • Antique Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Lyme Consolidated Elementary School
  • Lyme-Old Lyme High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Hot Water Circulator

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 1846

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique, Farm House
  • Sq Ft Est Heated Above Grade: 1698
  • Public Record Living Room Sq Ft: 1698
  • Total Sq Ft: 1698
  • Year Built: 1846
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3316
  • Directions: Rte 156 to Bill Hill Rd. - House on left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full
  • Appliances: Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 145

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Dirt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 1.5000
  • Lot Description: Dry, Cleared, Fence - Wood
  • Flood Zone: No

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3449
  • Total Assessed Value: 189000
  • Mil Rate Base: 18.250
  • Mil Rate Total: 18.250
  • Assessor Parcel Number: 2327607

MLS Schools

  • Elementary School: Lyme Consolidated
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jan 25, 2018
Sold by
Crowley Juliette
Bought by
Bannister Heather L and Bannister David W
Seller's Agent
Mike Perkins
William Pitt Sotheby's Int'l
Buyer's Agent
S. Michele Doucette
Coldwell Banker Realty
List Price
$229,000
Sold Price
$221,500
Premium/Discount to List
-$7,500
-3.28%
Current Estimated Value
$550,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,722
Avg. Annual Appreciation
13.78%
Original Mortgage
$210,425
Outstanding Balance
$150,015
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,432

Purchase Details

Closed on
Nov 26, 1979
Bought by
Crowley Juliette
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
Bannister Heather L $221,500 --
Crowley Juliette $75,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannister Heather L $210,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2018 01/25/18 Sold $221,500 -3.3% $130 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $229,000 -- $135 / 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 $4,291 $295,900 $127,100 $168,800
2024 $4,291 $295,900 $127,100 $168,800
2023 $3,998 $205,000 $90,900 $114,100
2022 $4,090 $205,000 $90,900 $114,100
2021 $4,090 $205,000 $90,900 $114,100
2020 $3,521 $176,500 $90,900 $85,600
2019 $3,497 $175,300 $90,900 $84,400
2018 $3,477 $189,000 $103,000 $86,000
2017 $3,449 $189,000 $103,000 $86,000
2016 $3,449 $189,000 $103,000 $86,000
2015 $3,355 $189,000 $103,000 $86,000
2014 $3,213 $189,000 $103,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Perkins

    Seller's Agent in 2018

    Mike Perkins

    William Pitt

    (860) 460-0115

    3 Total Sales

    Mike Perkins
    Section Image

  • S

    Buyer's Agent in 2018

    S. Michele Doucette

    Coldwell Banker Realty

    Section Image
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Source: SmartMLS

MLS Number: 170033118

SmartMLS

APN: LYME-000025-000000-000033

Connecticut New London County Old Lyme

06371

This home since 20 November 2017 and is currently estimated at $550,222, approximately $324 per square foot. This property was built in 1846. 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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