NOT LISTED FOR SALE

Old Lyme, CT 06371

Estimated Value: $756,848 - $1,123,000

2 Beds
1 Bath
978 Sq Ft
$912/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $665,000 $680 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,564/month

5 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Walking Distance to Water
  • Mile Creek School Rated A
  • Cape Cod Architecture
  • Wood Siding

About This Home

As of July 2021

Withheld from MLS - Beach Cottage, Seasonal, 2 bedrooms, 1 bath

Last Agent to Sell the Property

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 04/30/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

Beth Cote

William Pitt Sotheby's Int'l License #REB.0754323 Listed on: 04/30/2021

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 1938

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a sound
  • Property is zoned r-10

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 978 Sq Ft Home
  • Water Views

Kitchen

  • Oven or Range
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,617

Year Built

Built in 1938

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Neighborhood: Hawk's Nest Beach
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 978
  • Public Record Living Room Sq Ft: 978
  • Total Sq Ft: 978
  • Year Built: 1938
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1294
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Electric Range, Oven/Range, Refrigerator
  • Attic: No
  • Street Number Modifier: 14

Exterior Features

  • Exterior Siding: Shake, Wood
  • Foundation Type: Concrete, Piling
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.0600
  • Lot Description: Water View
  • Zoning: r-10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7617
  • Total Assessed Value: 328300
  • Mil Rate Base: 23.200
  • Mil Rate Total: 23.200
  • Assessor Parcel Number: 1554461

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 24, 2021
Sold by
Muhs Bart E
Bought by
Bella Vista 2021 2 Llc
Seller's Agent
Beth Cote
William Pitt Sotheby's Int'l
Buyer's Agent
Beth Cote
William Pitt Sotheby's Int'l
List Price
$665,000
Sold Price
$665,000
Current Estimated Value
$862,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,056
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Hsien Lim Su
Bought by
Muhs Bart E

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jun 5, 2012
Sold by
Cahill Evelyn
Bought by
Muhs Bart E and Hsien Su
Seller's Agent
Elegance Buckingham
Berkshire Hathaway NE Prop.
Buyer's Agent
Elegance Buckingham
Berkshire Hathaway NE Prop.
List Price
$425,000
Sold Price
$300,000
Premium/Discount to List
-$125,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bella Vista 2021 2 Llc $665,000 None Available
Muhs Bart E -- --
Muhs Bart E $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fenney Mark S $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $665,000 0.0% $680 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $665,000 +121.7% $680 / Sq Ft
06/07/2012 06/07/12 Sold $300,000 -29.4% $376 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $425,000 -- $533 / 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 $9,879 $608,700 $497,300 $111,400
2024 $8,011 $328,300 $265,900 $62,400
2023 $7,715 $328,300 $265,900 $62,400
2022 $7,715 $328,300 $265,900 $62,400
2021 $7,649 $328,300 $265,900 $62,400
2020 $7,617 $328,300 $265,900 $62,400
2019 $6,992 $312,000 $253,200 $58,800
2018 $6,829 $311,700 $253,200 $58,500
2017 $6,399 $294,200 $253,200 $41,000
2016 $6,235 $294,100 $253,100 $41,000
2015 $6,064 $294,100 $253,100 $41,000
2014 $5,147 $261,800 $212,900 $48,900
Source: Public Records

Agents Affiliated with this Home

  • Beth Cote

    Seller's Agent in 2021

    Beth Cote

    William Pitt

    (860) 460-6901

    27 in this area

    59 Total Sales

    Section Image

  • E

    Seller's Agent in 2012

    Elegance Buckingham

    Berkshire Hathaway Home Services

    Section Image
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Source: SmartMLS

MLS Number: 170396349

SmartMLS

APN: OLYM-000071-000000-000035

Connecticut New London County Old Lyme

06371

This home since 30 April 2021 and is currently estimated at $891,462, approximately $911 per square foot. This property was built in 1938. 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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