NOT LISTED FOR SALE

Old Lyme, CT 06371

Estimated Value: $903,000 - $1,244,000

4 Beds
1 Bath
1,206 Sq Ft
$899/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $650,000 $539 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,977/month

451 Days on Market

Highlights

  • Beach Front
  • 1 Fireplace
  • Cottage
  • Mile Creek School Rated A
  • Corner Lot
  • Walking Distance to Water

About This Home

As of December 2013

Beach front cottage!!! This cottage is on the market for the first time in 81 years, the extra lot gives you your own beach and the possibility of future expansion of the cottage. Listing agent is related to sellers.
Built in 1931 this is an original old colony beach cottage. The cottage looks today, much as it did when it was built in 1931

Last Agent to Sell the Property

Mark Thackston

RE/MAX on the Bay License #REB.0756546 Listed on: 09/06/2012

RE/MAX on the Bay

Last Buyer's Agent

Mark Thackston

RE/MAX on the Bay License #REB.0756546 Listed on: 09/06/2012

RE/MAX on the Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,066

Year Built

  • Built in 1931

Lot Details

  • 5,227 Sq Ft Lot
  • Beach Front
  • Home fronts a sound
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Shake Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water

Schools

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

Utilities

  • No Heating
  • Propane Water Heater
  • Cable TV Available

Community Details

  • Old Colony Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,066

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Cottage
  • Total Sq Ft: 1206
  • Year Built: 1931
  • Direct Waterfront: Yes
  • Directions: Route 156 to gorton ave. Follow to end cottage is on the left on the beach side of hartung pl.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Cook Top, Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 17

Exterior Features

  • Exterior Siding: Shake
  • Waterfront Description: Access, Association Required, Beach, Beach Rights, L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No

Garage/Parking

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

Utilities

  • Heat Type: No Heat
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: Corner Lot, Level Lot
  • Property Info: Gated Community, Seasonal Property

Rental Info

  • Lease Purchase: No

Tax Info

  • Property Tax: 11066
  • Total Assessed Value: 573400
  • Assessor Parcel Number: 1554780

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 11, 2013
Sold by
K T Kelley Ridgway Ft and Ridgway Leslie L
Bought by
Sakk Hartung Llc
Seller's Agent
Mark Thackston
RE/MAX on the Bay
Buyer's Agent
Mark Thackston
RE/MAX on the Bay
List Price
$829,900
Sold Price
$650,000
Premium/Discount to List
-$179,900
-21.68%
Current Estimated Value
$1,084,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,035
Avg. Annual Appreciation
4.42%
Original Mortgage
$575,000
Interest Rate
4.14%
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
Sakk Hartung Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sakk Hartung Llc $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $650,000 -21.7% $539 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $829,900 -- $688 / 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 $14,485 $892,500 $791,800 $100,700
2024 $14,584 $597,700 $532,200 $65,500
2023 $14,046 $597,700 $532,200 $65,500
2022 $14,046 $597,700 $532,200 $65,500
2021 $13,926 $597,700 $532,200 $65,500
2020 $13,867 $597,700 $532,200 $65,500
2019 $11,992 $535,100 $473,100 $62,000
2018 $11,724 $535,100 $473,100 $62,000
2017 $11,638 $535,100 $473,100 $62,000
2016 $11,344 $535,100 $473,100 $62,000
2015 $11,034 $535,100 $473,100 $62,000
2014 $11,273 $573,400 $507,700 $65,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Thackston

    RE/MAX

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Source: SmartMLS

MLS Number: E260892

SmartMLS

APN: OLYM-000076-000000-000044

Connecticut New London County Old Lyme

06371

This home since 06 September 2012 and is currently estimated at $1,084,035, approximately $898 per square foot. This property was built in 1931. This home is a home located in New London County with nearby schools including Mile Creek School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School.

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