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17 Tantummaheag Road

17 Tantummaheag Road, Old Lyme, CT 06371
Property in Old Lyme
Sold Jul 10, 2020
$1,500,000
$1,200,000 by Morgan Stanley Credit Corp
Mortgage
Sold Jul 05, 2005
$3,500,000
$1,750,000 by Jp Morgan Chase Bank
Mortgage Due Jul 05, 2035
Local assessors in Old Lyme, CT have categorized 17 Tantummaheag Road as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 282,990 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 17 Tantummaheag Road has a total of 1,199 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 1,224 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 attached 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 17 Tantummaheag Road was last sold in Jan 1, 1970 for $1,500,000. Prior to that sales transaction, the property was sold for $3,500,000 in Jan 1, 1970. Current property owners are expected to pay $29,435 in taxes per year. The property on 17 Tantummaheag Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,252,550. To break that down further, the land itself was valued at $989,300. While improvements to the property were assessed at a total of $263,250. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,224
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 282,990
  • Total Building Area: 0
  • Gross Building Area: 3,162
  • Building Area: 1,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 6.497
  • Standard Land Use Code: Residential income (general) (multi-family)

Ownership

  • Current Owner : RED HOUSE TRACT LLC
  • Previous Owner : BAGG THOMAS
  • Previous Owner 2: BAGG JANET B
  • Owner Before Previous Owner: KIRSHNER BERTON
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Regional School District 18
  • School Tax School District: REGIONAL SD 18
  • Census Tract: 660101

Geography

  • Account Number: 128200
  • Parcel: OLYM M:27 L:44
  • Lot: 44
  • Municipality: OLD LYME
  • Latitude: 41.341
  • Longitude: -72.3467

    Address

  • Full Address: 17 Tantummaheag Rd
  • Address - House Number: 17
  • Address - Street Name: Tantummaheag
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Old Lyme
  • Carrier Code: R009
  • 4-Digit Zip Code: 1139
  • Zip Code: 06371

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,435

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 69
  • Final Value: 2,656,840
  • High Value: 3,055,978
  • Low Value: 2,257,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: $1,252,550
  • Assessed Land Value: $989,300
  • Assessed Improvements Value: $263,250

    Sales

  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11772849071
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Amount: $3,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY CREDIT CORP
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: JP MORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Jul 05, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 05, 2035

About New London



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Frequently Asked Questions

What neighborhood is 17 Tantummaheag Road located in?
The 17 Tantummaheag Road is a located in the neighborhood of Old Lyme in New London, Old Lyme.
What is the average sales price for listings in 17 Tantummaheag Road?
The average sales price for units in 17 Tantummaheag Road is $0 currently.

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