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$2,100,000

Beds
3
Baths
3.5
sq ft
3,000

77 Cove Rd, Old Lyme, CT 06371

77 Cove Rd

Lyme, CT 06371

  • Pending
    • Price drop $395,000↓
This superbly crafted 3,000 sq. ft. Contemporary Shingle style home sits privately on 1.94 acres with 320 feet of frontage on Hamburg Cove. Property features include an inground gunite pool with patio surround, documented dock, separate workshop building with plumbing & electrical service, a lovely English style garden and abundant boxwood and hydrangea hedges that accentuate the driveway and house. Once inside the gracious front entry, a standard of high quality craftsmanship becomes apparent at every turn as the living spaces blend together seamlessly. Gleaming wood floors, custom moldings, an abundance of windows, interesting architectural details and views of the Cove are featured throughout. The kitchen has a large center island with barstool seating, granite counters and a host of commercial grade appliances guaranteed to please any Chef. Of great utilitarian value are the large walk-in attic and full basement facilitating storage of all kinds for all seasons. The location is sought after for its rural beauty and water access which combine to make this property a true Lyme treasure!

Details

Property type

Single Family Residence

Est. home value

$3,086,943

Lot size

1.94 acres

Price per sq ft

$700

Year built

1998

Annual property taxes

$25,267

Price History

09/10/2024
SmartMLS

SmartMLS #170601063

Pending
$2,100,000
08/28/2024
SmartMLS

SmartMLS #170601063

Price change
$2,100,000
-15.83%
07/29/2024
SmartMLS

SmartMLS #170601063

Listed
$2,495,000

Schools & Community

Elementary school: 

Lyme Consolidated

Middle school: 

Unknown

High school: 

Lyme-Old Lyme

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Chase Manhattan Bank Na

Loan start date

December 1999

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Robert J Chandler

Lender

Chase Manhattan Bank Na

Loan start date

December 1998

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.93%

Loan type

Not Provided

Seller

Robert J Chandler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/16/2024 at 1:35 PM

Listing updated: 09/10/2024 at 11:55 AM

Listed by: Joe Rhodes, Coldwell Banker Realty Phone #: (860) 227-0921

MLS: SmartMLS #170601063

SmartMLS logo

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