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16 Town Woods Rd, Old Lyme, CT, 06371

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
1,253 SqFt
$339/SqFt
House
Schools Nearby

Location

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16 Town Woods Rd, Old Lyme$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1931
HeatingHot Water
CoolingNone
BasementYes
WaterfrontBrook
ViewWater
MLS #24005356
Lot Size2.00 Acres
StatusActive

About 16 Town Woods Rd

Mill Brook Farm is sited on approximately two acres and more than 200' along the charming Mill Brook. Waters cross the spillway at the southern end of Rogers Lake creating the Mill Brook. Built in the 1930s, find a quaint, ranch style home in need of extensive renovation along with several barns and outbuildings. The property is a stunning waterfront canvas to create a dream retreat and includes property on the east and west sides of the brook (20 Town Woods.) The property is located minutes from Old Lyme's Florence Griswold Museum, Lyme Art Academy, village schools, galleries and conveniences and just two hours equidistant from NY and Boston. This property is being sold, "as is." The dinner bell calls you home.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1931
  • Living Area: 1,253 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (860) 434-8600
  • Listing Agent: Nancy Mesham

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Brook
  • View: Water
  • Exterior: Barn, Garden Area

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Views, Open Lot
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Route 1 north. Left on Town Woods. Left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $2,951
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Old Lyme, CT.

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Old Lyme, CT

City

Med. Sold Price

$630K

Med. Price/SqFt

$312

# of Sold Homes

9

16 Town Woods Rd vs Old Lyme

37 DAYS ON ROCKET

$425,000

-$205K Less

$339/SqFt

+$26 More

KEY TAKEAWAY

This property is $205K less than the Median Sold Price and $26/SqFt more than other homes in Old Lyme, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24005356

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (860) 434-8600
  • Listing Agent: Nancy Mesham

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,951$126,650

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2131018
7
/10

  • Mile Creek School

  • 250 Mile Creek Rd

  • 3.76 miles

  • Public District Grades PK-3

school-card-donut-2131019
8
/10

  • Lillie B. Haynes School

  • 29 Society Rd

  • 4.64 miles

  • Public District Grades KG-4

school-card-donut-2131020
8
/10

  • Flanders School

  • 167 Boston Post Rd

  • 4.65 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,000. Typical income of Old Lyme, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Town Woods Rd

What is the listing price of this property?

The listing price of 16 Town Woods Rd property is $425,000.

What type of property is this?

The property 16 Town Woods Rd is a house located in Old Lyme, Connecticut, 06371.

Is this property for sale now?

Active Listing: 16 Town Woods Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,951 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16 Town Woods Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16 Town Woods Rd is 1,253 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Town Woods Rd is 1931.

Rocket Homes›Connecticut›New London County›Old Lyme›06371›16 Town Woods Rd

This home is located at 16 Town Woods Rd in Old Lyme, CT and zip code 06371. This 1,253 square foot home, which was built in 1931, sits on a 2.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $425,000.

Over 4 listings were sold over their listed price in March 2024 in Old Lyme, CT. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Old Lyme, CT real estate market has seen increase in the number of listings by 22.5%.

From Rocket Homes Real Estate and based on county public records data.

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