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Sold for $375,000
  • $375,000

    1 Ferro Court, East Lyme, CT 06333

    3beds
    2,098sqft
    Single Family Residence
    Built in 1973
    1.78 Acres Lot
    $536,300 Zestimate®
    $179/sqft
    $3,346 Estimated rent

    Home value

    $536,300

    $493,000 - $585,000

    $3,346/mo

    Zestimate® history
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    What's special

    Nestled at the end of a serene cul-de-sac, 1 Ferro Ct in East Lyme, CT, offers a unique opportunity for savvy buyers. This raised ranch spans 1,234 sq. ft. on a 1.78-acre lot, providing ample space and privacy. The property features 3 bedrooms and 2 bathrooms, making it perfect for anyone seeking a peaceful neighborhood. While the home needs some TLC, it boasts a practical layout with a cozy living room, functional kitchen, and dining area that opens to the backyard. This makes it an ideal canvas for customization and renovation, allowing buyers to transform it into their dream home or an attractive investment property. The competitive pricing reflects the home's current condition, offering a rare chance to purchase in a desirable location below market value. Financing options are limited to cash buyers, conventional, or renovation financing only. East Lyme is renowned for its coastal charm and high quality of life, with access to beautiful beaches, parks, and recreational facilities. The quaint downtown area is filled with local shops, restaurants, and cultural attractions. The property's proximity to major highways ensures convenient commutes to nearby cities and towns Additional features include a detached garage with extra driveway space for convenient parking and storage. The spacious lot offers potential for outdoor activities and gardening, enhancing the property's appeal. This property is being sold As-Is. Don't miss this chance to own a piece of East Lyme The competitive pricing reflects the home's current condition, offering a rare chance to purchase in a desirable location well below market value. Financing options are limited to cash buyers, conventional or renovation financing only. The property is being sold AS IS, with no repairs made by the seller, and the appliances are currently non-functional.

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle E. Verboski 860-237-0571,

    Seaport Real Estate Services 860-245-9200,

    Andrew O'Reilly 860-608-5065,

    Seaport Real Estate Services

    Bought with:

    Joshua A. Rodriguez, RES.0824929

    CENTURY 21 Shutters & Sails

    Source: Smart MLS,MLS#: 24026293MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Dining room
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer, Water Heater
    • Laundry: Lower Level
    Features
    • Basement: Full
    • Attic: Access Via Hatch
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,098
    • Total interior livable area: 2,098 sqft
    • Finished area above ground: 1,234
    • Finished area below ground: 864

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Lot
    • Size: 1.78 Acres
    • Features: Secluded, Cul-De-Sac
    Details
    • Parcel number: 1470164
    • Zoning: R40

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Concrete Perimeter, Raised
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Features: Library, Medical Facilities, Playground, Public Rec Facilities
    HOA
    • Has HOA: No
    Location
    • Region: East Lyme

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $222,040
    • Annual tax amount: $5,851
    • Date on market: 7/25/2024

    Price history

    DateEventPrice
    7/24/2024Sold$375,000+25.4%$179/sqft
    Source: Smart MLS #24026293 Report a problem
    6/25/2024Pending sale$299,000$143/sqft
    Source: Smart MLS #24026293 Report a problem
    6/20/2024Listed for sale$299,000+9.1%$143/sqft
    Source: Smart MLS #24026293 Report a problem
    9/13/2013Sold$274,000-8.4%$131/sqft
    Source: Public Record Report a problem
    8/29/2013Pending sale$299,000$143/sqft
    Source: Prudential Connecticut Realty #E269561 Report a problem
    8/20/2013Listed for sale$299,000$143/sqft
    Source: Prudential Connecticut Realty #E269561 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,219 +6.3%$222,040
    2024$5,851 +5.9%$222,040
    2023$5,524 +4.4%$222,040
    2022$5,293 -2.5%$222,040 +16.6%
    2021$5,430 -2.3%$190,470 -2.8%
    2020$5,559 +0.6%$196,000
    2019$5,525 +3.1%$196,000
    2018$5,361 +4.6%$196,000
    2017$5,127 +2.1%$196,000 -1.1%
    2016$5,024 +2.6%$198,100
    2015$4,895 +2.8%$198,100
    2014$4,760 +2.9%$198,100
    2013$4,626 +2.5%$198,100
    2012$4,513 +4.8%$198,100 -10.5%
    2011$4,308 -0.4%$221,270
    2010$4,326 +1.9%$221,270
    2009$4,246 $221,270
    2008$4,246 +3.4%$221,270
    2007$4,105 +0.4%$221,270 +53.6%
    2006$4,090 +5.8%$144,060
    2005$3,867 +3.5%$144,060
    2004$3,738 +6.6%$144,060
    2003$3,508 +0.5%$144,060 +25%
    2001$3,491 +11.3%$115,220 -0.8%
    1995$3,136 $116,130
    Find assessor info on the county website

    Neighborhood: 06333

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