This newly renovated colonial, located in the Old Farms subdivision, is situated on 1.84 acres set back from the street offering a private and refined setting. The 4 bedroom 21/2 bath home has been tastefully updated to reflect today's current trends. The main front entrance foyer leads to the formal front to back living room with a brick fireplace, beautiful hardwood flooring and custom size windows letting in plenty of natural light. A newly designed kitchen includes all new cabinetry, stainless steel appliances, quartz counters, tile flooring and center island with a drop leaf that accommodates seating for two. There is a large framed opened pass through to the dining room providing a sense of space and adding ease when preparing and serving family meals. From the kitchen, step down to the spacious family room that has its own separate entrance from the front covered porch. A second custom brick wood burning fireplace is the focal point of the room. Sliding glass doors lead to the covered deck and patio areas offering the perfect setting for private backyard entertaining. The second level of the home offers three generous sized bedrooms and a primary bedroom with full bath. A second full bath with double sinks and quartz counters completes this level. Additional updates include all new windows and doors, a new heating/air conditioning system and a new electrical panel and meter. There is nothing left to do but move in and unpack!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,165
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Kathleen E. Goodwin School
80 Old Boston Post Rd
Distance between this listing and this school4.45 miles
Public District Grades PK-3
8
/10
Lyme Consolidated School
Route 156
Distance between this listing and this school4.75 miles
Public District Grades KG-5
7
/10
Mile Creek School
250 Mile Creek Rd
Distance between this listing and this school4.87 miles
Public District Grades PK-3
Nearby Schools
8
/10
Lyme-Old Lyme Middle School
53 Lyme St
Distance between this listing and this school1.97 miles
Public District Grades 6-8
7
/10
Old Saybrook Middle School
60 Sheffield St
Distance between this listing and this school4.06 miles
Public District Grades 4-8
4
/10
Dual Language & Arts Magnet Middle School
44 Hatchetts Hill Rd
Distance between this listing and this school4.21 miles
Public Magnet Grades 6-8
Nearby Schools
6
/10
Lyme-Old Lyme High School
69 Lyme St
Distance between this listing and this school2.07 miles
Public District Grades 9-12
6
/10
Old Saybrook Senior High School
1111 Boston Post Rd
Distance between this listing and this school4.62 miles
Public District Grades 9-12
6
/10
Valley Regional High School
256 Kelsey Hill Rd
Distance between this listing and this school5.56 miles
The neighbors living near this home have an average income of $94,149. Most Old Lyme, CT residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 45 Coult Ln
What is the listing price of this property?
The listing price of 45 Coult Ln property is $699,900.
What type of property is this?
The property 45 Coult Ln is a house located in Old Lyme, Connecticut, 06371.
Is this property for sale now?
Active Listing: 45 Coult Ln is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on July 27, 1990 for $275,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 45 Coult Ln has 4 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 45 Coult Ln is 2,284 SqFt (source: MLS/tax record).
This home is located at 45 Coult Ln in Old Lyme, CT and zip code 06371. This 2,284 square foot home, which was built in 1969, sits on a 1.84 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 26, 2023 and is currently priced at $699,900.
In March 2024 more than 4 listings in Old Lyme, CT were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in Old Lyme, CT increased by 22.5% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.