29 days on rocket

308 Old Colony Rd, Old Lyme, CT, 06371

$395,000

Home List Price

$4,691*

Closing Credit

2 Bedrooms
1 Partial Bath
510 SqFt
$775/SqFt
House

Location

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308 Old Colony Rd, Old Lyme$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone, Other
Year Built1940
HeatingNone
CoolingWall Unit(s)
WaterfrontSeasonal
MLS #24053351
Lot Size0.18 Acres
StatusActive

About 308 Old Colony Rd

Ranch beach house in Old Lyme! Owner took great care in making this a perfect oasis inside and out. This home sits on a large lot providing plenty of parking that is BIG in a beach community. Inside boasts 2 bedrooms, 1 half bath, living room with a fireplace open to kitchen. Kitchen has new cabinets, countertops, stainless appliances and flooring. Outside is a newly constructed gorgeous patio done with Nicolock pavers, built-in grill and outdoor private shower. The outdoor shower area is huge providing overhead covering and lighting in shower. Dressing area is large so add a bench and towel/clothes hooks and your all set! The gorgeous patio is large and inviting with a large custom-built fireplace for those nights outside on the patio. Built in stainless grill in an island with counter area and storage. Professionally landscaped. Driveway constructed of pea-stone easily parks 6 cars bordering grass area that can park additional cars. Provides plenty of parking for all those backyard barbeques. Property provides privacy - another benefit in a beach community. Beach rights to Miami Beach. Soundview Beach is a public beach boarders Miami Beach so just pick your spot! This property is priced to sell so don't hesitate to schedule your viewing - it won't last.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Living Area: 510 SqFt

Listing Office:

  • Office Name: Agnelli Real Estate
  • Office Phone: (860) 633-4000
  • Listing Agent: Catherine Carone

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: No
  • Interior: Cable - Available, Open Floor Plan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Seasonal

Parking Information:

  • Attached Garage: No
  • Parking: None, Other

Lot Features

Lot Information:

  • Lot: Level, Open Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Route 156 to Old Colony Rd ext. The property record is Soundview Ave but street sign is Old Colony Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $775/SqFt

Tax Information:

  • Annual Amount: $2,297
  • 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

$620K

Med. Price/SqFt

$314

# of Sold Homes

12

308 Old Colony Rd vs Old Lyme

29 DAYS ON ROCKET

$395,000

-$225K Less

$775/SqFt

+$461 More

KEY TAKEAWAY

This property is $225K less than the Median Sold Price and $461/SqFt more than other homes in Old Lyme, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24053351

Listing Office:

  • Office Name: Agnelli Real Estate
  • Office Phone: (860) 633-4000
  • Listing Agent: Catherine Carone

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: 11/23/2024, 4:20:51 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$2,297$98,600

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-814800
7
/10

  • Mile Creek School

  • 205 Mile Creek Rd

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-814801
10
/10

  • Niantic Center School

  • 7 W Main St

  • 4.42 miles

  • Public District Grades KG-4

school-card-donut-814802
7
/10

  • Lillie B. Haynes School

  • 29 Society Rd

  • 5.14 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 $99,107. The majority of Old Lyme, CT residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 308 Old Colony Rd

What is the listing price of this property?

The listing price of 308 Old Colony Rd property is $395,000.

What type of property is this?

The property 308 Old Colony Rd is a house located in Old Lyme, Connecticut, 06371.

Is this property for sale now?

Active Listing: 308 Old Colony 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 $2,297 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 308 Old Colony Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 308 Old Colony Rd is 510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 308 Old Colony Rd is 1940.

Rocket Homes›Connecticut›New London County›Old Lyme›06371›308 Old Colony Rd

This home is located at 308 Old Colony Rd in Old Lyme, CT and zip code 06371. This 510 square foot home, which was built in 1940, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $395,000.

While more than 5 listings in Old Lyme, CT in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Old Lyme, CT increased by 21.1% between September 2024 and October 2024.

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

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