NOT LISTED FOR SALE

11 Portland Ave Old Lyme, CT 06371

Estimated Value: $493,000 - $661,000

3 Beds
1 Bath
1,319 Sq Ft
$434/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $510,535 $387 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,564/month

3 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Fireplace
  • Mile Creek School Rated A
  • Attic
  • Thermal Windows

About This Home

As of July 2023

There is nothing better than a day at the beach. Upon entering this year-round home, you feel the coastal connection as it is light, bright and open. The spacious, open floor plan offers you plenty of options. Whether you are sitting by the propane fireplace, playing cards in the dining room or chatting at the kitchen peninsula, you feel connected to those around you. A new (2022) custom bathroom elicits a spa-like feeling with its modern walk-in shower and Smart control panel which adjusts the lights and has a Bluetooth sound system. The kitchen has plenty of counter and cabinet space with updated appliances: microwave, refrigerator, and Bosch dishwasher. The sunroom expands your options and provides easy access to your outdoor oasis. Enjoy a summer evening on the deck or sitting in the yard admiring the various perennial flower beds. The outdoor shed not only provides storage, but is upgraded with electricity and even prepped for a hot tub to be installed! A new roof was put on both the home and the shed in 2020. Additional updates include the windows in the bedrooms, bathroom, dining room and skylights. This home is move in ready with freshly painted living room, dining room and kitchen. Being only .6 miles from the beach and nearby restaurants, you can enjoy this home all year long. This home is a must see.

Last Listed By

Tracy Lenz

William Pitt Sotheby's Int'l License #RES.0815401 Listed on: 04/26/2023

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Property is zoned R-10

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,319 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Propane
  • Private Company Owned Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1555436

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,082

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Sound View
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1319
  • Total Sq Ft: 1319
  • Year Built: 1960
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Park, Public Rec Facilities, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3143
  • Directions: Exit 70 off of I-95. Follow Route 156 to Portland Ave. GPS directions are accurate.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1319
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Crawl Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Wall Oven, Microwave, Refrigerator, Dishwasher
  • Additional Rooms: Laundry Room
  • Laundry Room Location: Laundry room connected to Primary Bedrm
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Deck, Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: L. I. Sound Frontage Beach Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 2
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: Split System, Window Unit
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected, Private Well
  • Sewer: Septic

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot
  • Zoning: R-10
  • Parcel #: 1555436

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4082
  • Total Assessed Value: 173700
  • Mil Rate Total: 23.5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jul 14, 2023
Sold by
Zema Leeanne and Zema Anthony C
Bought by
Smith Joseph F
Seller's Agent
Tracy Lenz
William Pitt Sotheby's Int'l
Buyer's Agent
Kelly Whiteman
William Raveis Real Estate
List Price
$489,000
Sold Price
$510,535
Premium/Discount to List
$21,535
4.4%
Total Days on Market
3
Views
205
Current Estimated Value
$572,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,207
Avg. Annual Appreciation
6.05%
Original Mortgage
$380,535
Outstanding Balance
$374,034
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,080

Purchase Details

Closed on
Oct 14, 2020
Sold by
Zema Leeanne
Bought by
Zema Leeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 16, 2016
Sold by
Jake James and Jake Leeanne
Bought by
Jake Leeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 28, 2005
Sold by
Pluszynski Jerzy and Pluszynski Urszula
Bought by
Jake James and Jake Leeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1996
Sold by
Maglio Salli Calli
Bought by
Pluszynski Jerzy and Pluszynski Urszula

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
Smith Joseph F $510,535 None Available
Zema Leeanne -- None Available
Jake Leeanne -- --
Jake James $300,000 --
Pluszynski Jerzy $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Joseph F $380,535
Previous Owner Zema Leeanne $229,000
Previous Owner Maglio Michael F $240,000
Previous Owner Maglio Michael F $249,361
Previous Owner Maglio Michael F $285,000
Previous Owner Maglio Michael F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $510,535 +4.4% $387 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $489,000 -- $371 / 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
2024 $4,412 $180,800 $97,000 $83,800
2023 $4,082 $173,700 $97,000 $76,700
2022 $4,157 $176,900 $97,000 $79,900
2021 $4,122 $176,900 $97,000 $79,900
2020 $4,104 $176,900 $97,000 $79,900
2019 $4,280 $191,000 $112,100 $78,900
2018 $4,185 $191,000 $112,100 $78,900
2017 $4,154 $191,000 $112,100 $78,900
2016 $4,049 $191,000 $112,100 $78,900
2015 $3,938 $191,000 $112,100 $78,900
2014 $3,564 $181,300 $106,600 $74,700
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170565279

SmartMLS

APN: OLYM-000083-000000-000097