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362 Boston Post Road

362 Boston Post Road, East Lyme, CT 06333
Property in East Lyme
Sold Feb 22, 2022
$380,000
$342,000 by Norcom Mortgage
Mortgage
Sold Aug 30, 2012
$227,500
$127,500 by Wells Fargo Bank Na
Mortgage Due Aug 30, 2042
Local assessors in East Lyme, CT have categorized 362 Boston Post Road as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 63,598 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 8 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 2 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 362 Boston Post Road has a total of 2,156 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 average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with oil. The property was last sold in Feb 18, 2022 for $380,000. That's $176.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $227,500. 362 Boston Post Road was last assessed in 2023. The total value of the property was assessed at $210,490. Specifically, the land the property is located on was valued at $66,920. While improvements on the property were assessed at a total of $143,570. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,237. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 884
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 63,598
  • Total Building Area: 2,156
  • Gross Building Area: 4,548
  • Building Area: 2,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,156
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MAIO JUSTIN P
  • Current Owner 2: MAIO LEANNA N
  • Previous Owner : GAINES RACHEL P
  • Previous Owner 2: GAINES BRIAN M
  • Owner Before Previous Owner: ES LARRABEE CLIFFORD E
  • Owner Before Previous Owner 2: LARRABEE CLIFFORD E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • Account Number: 3878
  • Parcel: ELYM M:029.0 B:00055 L:00000
  • Block: 55
  • Municipality: EAST LYME
  • Latitude: 41.3595
  • Longitude: -72.2426

    Address

  • Full Address: 362 Boston Post Rd
  • Address - House Number: 362
  • Address - Street Name: Boston Post
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: East Lyme
  • Carrier Code: R005
  • 4-Digit Zip Code: 1401
  • Zip Code: 06333

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,237

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 70
  • Final Value: 414,794
  • High Value: 504,932
  • Low Value: 324,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: NORCOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Loan Amount: $342,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,490
  • Assessed Land Value: $66,920
  • Assessed Improvements Value: $143,570

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Transaction ID: 11880431943
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 506
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORCOM MORTGAGE
  • First Mortgage Transaction Date: Feb 22, 2022
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 30, 2012
  • Previous Mortgage Loan Amount: $127,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 30, 2042

About New London



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 362 Boston Post Road located in?
The 362 Boston Post Road is a located in the neighborhood of East Lyme in New London, East Lyme.
What is the average sales price for listings in 362 Boston Post Road?
The average sales price for units in 362 Boston Post Road is $0 currently.

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