13 Academy Lane, Old Lyme, CT, 06371 | $1,295,000

NEW PRICE! Old Lyme Village living at its best! From the moment you enter the covered front porch you know this home is something special! Featuring a spacious dining room/living room, well-appointed kitchen with breakfast nook, and a vaulted ceiling family room opening to the stone patio & private backyard. On the upper level is a primary bedroom with a new bath, a laundry room & center hall with lots of built-in storage and a second bedroom with full bath. The upper most level is the ideal hideout with a cozy den and third bedroom. The separate garage with studio/workshop completes this very special home. This hallmark property is sited in one of the best locations in Historic Old Lyme Village, with easy access to the Lieutenant River and walking distance to Lyme Street, art galleries, shops, tennis courts, the library, the Lyme Art Academy, . . . and the CT River. You'll be captivated by the picturesque setting and all the many thoughtful updates. Whether you're dining on the patio overlooking the backyard or napping on the covered porch, you will never want to leave home.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Upper Level
  • Style: Antique
  • Year Built: 1880
  • Garage: 3-car Detached Garage,Driveway
  • Heating: Hot Water
  • Cooling: Split System,Window Unit
  • Basement: Full,Unfinished
  • Above Grade Approx. Sq. Feet: 2,299
  • Acreage: 0.34
  • Est. Taxes: $11,329
  • Lot Desc: Corner Lot,Treed,Level Lot,Professionally Landscaped,Open Lot
  • Elem. School: Mile Creek
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme
  • Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • MLS#: 24051403
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/24051403/13academylane_oldlyme_ct?source=qrflyer
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Listing courtesy of Coldwell Banker Realty

Room Information

Type DescriptionLevel
Bedroom 1 Remodeled,Full Bath,Stall ShowerUpper
Bedroom 2 Book Shelves,Built-Ins,Wall/Wall Carpet,On 3rd FloorUpper
Dining Room Hardwood FloorMain
Eat-In Kitchen Remodeled,Granite CountersMain
Family Room Palladian Window(s),Vaulted Ceiling,Beams,Sliders,Hardwood FloorMain
Living Room Bay/Bow Window,Gas Log Fireplace,Hardwood FloorMain
Other Built-In Hutch,Dining Area,Hardwood FloorMain
Other Bay/Bow Window,Dining Area,Hardwood FloorMain
Other Remodeled,Built-InsUpper
Primary Bath Remodeled,Quartz Counters,Full Bath,Stall ShowerUpper
Primary Bedroom Bedroom Suite,Walk-In Closet,Wall/Wall CarpetUpper
Rec/Play Room On 3rd FloorUpper

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

13 Academy Lane, Old Lyme, CT, 06371

$1,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $944 $944 $944
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,964 $6,548 $8,742
Total Monthly Payment $7,033 $7,617 $9,811

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.