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New London
40 Browns Lane
$615,000
House - Off Market

40 Browns Lane

Old Lyme, Connecticut 06371
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1812 Sqft
$612,712
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Nestled on a quiet country road in Old Lyme, this immaculately updated raised ranch represents rural charm. This home offers the perfect blend of modern comfort and a classic New England feel. The chef's kitchen is a culinary enthusiast's dream featuring stainless steel appliances, white shaker cabinets and quartz countertops and is a great blend of style and functionality. A center island offers a gathering point for family and friends, making it the perfect space for creating lasting memories. Relax in the living room in front of the fireplace on those chilly fall nights. There are 3 bedrooms on the main level, including the spacious primary en suite. The lower level is finished and perfect for extra guests or entertaining friends. A full renovation took place in 2020 with new windows, doors, roof, floors, electrical, central air and heat, new Viessmann on demand hot water system, cedar deck and so much more! This beautifully updated raised ranch is a rare find. Enjoy the perfect blend of country living in a very desirable shoreline community. Don't miss the opportunity to make this meticulously maintained raised ranch your forever home. Come see all that the shoreline community of Old Lyme has to offer.
Unit Size
1,812Ft²
Days on Market
32 days
Land Size
0.93 acres
Price per sqft
$339
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1968
Last updated: 7 months ago (Smart MLS #170598914)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold to Ariel Drew, James J Quigley $615,000
Sold to Ariel Drew, James J Quigley
Sep 26, 2023 In contract -
In contract
Sep 23, 2023 Listed by William Pitt Sotheby's Int'l $589,000
Listed by William Pitt Sotheby's Int'l
Dec 1, 2020 Sold to Robert A Costa, Susan Costa $459,000
Sold to Robert A Costa, Susan Costa

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,040
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,436
  • Total Building Area: 1,236
  • Gross Building Area: 3,064
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,236
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.928
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DREW ARIEL
  • Current Owner 2: QUIGLEY JAMES J
  • Previous Owner : COSTA ROBERT A
  • Previous Owner 2: COSTA SUSAN
  • Owner Before Previous Owner: CONRAD HOME BUYERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Regional School District 18
  • School Tax School District: REGIONAL SD 18
  • Census Tract: 660103

Geography

  • Account Number: 50200
  • Parcel: OLYM M:14 L:41
  • Lot: 41
  • Municipality: OLD LYME
  • Latitude: 41.305
  • Longitude: -72.2764

    Address

  • Full Address: 40 Browns Ln
  • Address - House Number: 40
  • Address - Street Name: Browns
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Old Lyme
  • Carrier Code: R001
  • 4-Digit Zip Code: 1876
  • Zip Code: 06371

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,700

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 528,571
  • High Value: 639,889
  • Low Value: 417,253

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Oct 26, 2023
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 26, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,000
  • Assessed Land Value: $91,900
  • Assessed Improvements Value: $108,100

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Transaction ID: 11915386103
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 24, 2020
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Oct 26, 2023
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST WORLD MORTGAGE CORPORATI
  • Previous Mortgage Transaction Date: Dec 01, 2020
  • Previous Mortgage Loan Amount: $367,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,364 ft²
$274/ft²
$647,000 Aug 18, 2023
$647,000 Oct 6, 2023
$487/mo
House
3 Beds
3 Baths
1,784 ft²
$303/ft²
$539,900 Sep 7, 2023
$539,900 Oct 19, 2023
$340/mo
House
3 Beds
3 Baths
2,289 ft²
$256/ft²
$585,000 Sep 13, 2023
-
$490/mo
House
3 Beds
3 Baths
2,368 ft²
$253/ft²
$599,000 Sep 29, 2023
-
$457/mo
Land
Loft
-
-
$599,000 Jul 7, 2023
-
$237/mo

About New London


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Nearby Rentals

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Frequently Asked Questions

When was property at 40 Browns Lane built and last sold?
The property at 40 Browns Lane was built in 1968 and last sold on Oct 25, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 40 Browns Lane is $613,329.
What are some comparable homes to 40 Browns Lane?
There are currently no comparable homes to 40 Browns Lane.

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