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14 Willow Lane

14 Willow Lane, East Lyme, CT 06333
Property in East Lyme
Sold May 26, 2020
$420,000
$270,000 by Motta Ft
Mortgage
Sold May 23, 2017
$430,000
$344,000 by Homeservices Lndg
Mortgage Due May 23, 2047
Local assessors in East Lyme, CT have categorized 14 Willow Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 60,984 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14 Willow Lane has a total of 3,929 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14 Willow Lane sold most recently in May 12, 2020 for a total of $420,000. If you work out the math, that's approximately a cost of $106.90 per sqft. Before that, the property was also sold for $430,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,887 in taxes each year. 14 Willow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $397,390. If we break it down further, the land itself was valued at $112,980. Improvements to the property, however, were assessed at a total of $284,410. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 544
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 3,929
  • Gross Building Area: 9,860
  • Building Area: 3,929
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,929
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.4
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAMAR CHRISTOPHER
  • Current Owner 2: LAMAR MICHELLE
  • Previous Owner : MAHONEY MICHELLE
  • Previous Owner 2: MAHONEY PATRICK
  • Owner Before Previous Owner: PICARD PATRICIA
  • Owner Before Previous Owner 2: PICARD JOSEPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Lyme School District
  • School Tax School District: EAST LYME SD
  • Census Tract: 716102

Zoning

  • Zoning: R40

Geography

  • Account Number: 7751
  • Parcel: ELYM M:025.3 B:00047 L:00000
  • Block: 47
  • Municipality: EAST LYME
  • Latitude: 41.3515
  • Longitude: -72.2332

    Address

  • Full Address: 14 Willow Ln
  • Address - House Number: 14
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: East Lyme
  • Carrier Code: R004
  • 4-Digit Zip Code: 1526
  • Zip Code: 06333

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,887

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 68
  • Final Value: 727,880
  • High Value: 892,161
  • Low Value: 563,599

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: MOTTA FT
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: CITIZENS BANK
  • Second Open Lien Mortgage Recording Date: Jan 07, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 288
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,390
  • Assessed Land Value: $112,980
  • Assessed Improvements Value: $284,410

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11764045647
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOTTA FT
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LNDG
  • Previous Mortgage Transaction Date: May 23, 2017
  • Previous Mortgage Loan Amount: $344,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 23, 2047

About New London



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Frequently Asked Questions

What neighborhood is 14 Willow Lane located in?
The 14 Willow Lane is a located in the neighborhood of East Lyme in New London, East Lyme.
What is the average sales price for listings in 14 Willow Lane?
The average sales price for units in 14 Willow Lane is $0 currently.

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