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131 Sterling City Rd

Lyme, CT 06371

3 bd 2 ba 1,464 sqft Built 1967 Lot 123,710 sqft single_family
Most recent sale
$523,500
Dec 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2023 Sold $523,500 SMARTMLS
Nov 20, 2023 Listed $550,000 SMARTMLS
Jun 13, 2020 Listing removed SMARTMLS
Jun 8, 2020 Listed for rent $2,000 SMARTMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,800 $174,300 $331,100 $4,801
2023 $118,600 $113,123 $231,723 $4,519
2022 $118,600 $113,123 $231,723 $4,623
2021 $118,600 $113,123 $231,723 $4,623
2020 $118,600 $113,123 $231,723 $4,623
2019 $118,600 $113,123 $231,723 $4,623
2018 $121,000 $124,475 $245,475 $4,566
2017 $121,000 $124,475 $245,475 $4,480
2016 $121,000 $124,475 $245,475 $4,480
2015 $121,000 $124,475 $245,475 $4,357
2013 $122,200 $155,155 $277,355 $3,883
2006 $133,100 $114,361 $247,461 $3,403
2005 $133,100 $114,361 $247,461 $3,217
2003 $85,200 $70,250 $155,450 $2,954

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,464 sqft
Lot size
123,710 sqft
ZIP code
06371
City
Lyme
Street
Sterling City Rd
Coordinates
41.38075, -72.34483

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,196
Gross rental yield
5.03%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 131 Sterling City Rd last sell?
131 Sterling City Rd most recently sold on Dec 22, 2023 for $523,500.
What is the current tax assessment for 131 Sterling City Rd?
The most recent total assessment for 131 Sterling City Rd (year 2025) is $331,100 with $4,801 in property tax.
How does 131 Sterling City Rd's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $523,500.
When was 131 Sterling City Rd built?
131 Sterling City Rd was built in 1967.
How does 131 Sterling City Rd compare to others on Sterling City Rd?
We track 4 other properties on Sterling City Rd. Browse the list under "Other properties on Sterling City Rd" to compare beds, baths, and sale history.
What are the property facts for 131 Sterling City Rd?
131 Sterling City Rd is a 3 bed, 2 bath, 1,464 sqft, 123,710 sqft lot single_family.
Is 131 Sterling City Rd a flip candidate?
No — 131 Sterling City Rd does not appear in our flips dataset.
Is 131 Sterling City Rd a tax-appeal candidate?
No — 131 Sterling City Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$1.02M
2026 Q4
$1.05M
ZIP 06371 — Median Price History + Forecast

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