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88 Grassy Hill Rd

Old Lyme, CT 06371

3 bd 3 ba 2,220 sqft Built 1935 Lot 64,469 sqft single_family
Most recent sale
$975,000
Nov 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2023 Sold $975,000 SMARTMLS
Aug 31, 2023 Listed $985,000 SMARTMLS
Jul 5, 2023 Listing removed SMARTMLS
Apr 3, 2023 Listed $1,075,000 SMARTMLS
Apr 1, 2023 Listing removed SMARTMLS
Jan 3, 2023 Relisted $1,095,000 SMARTMLS
Dec 27, 2022 Listing removed SMARTMLS
Sep 14, 2022 Listed $1,095,000 MLS #170522670
Aug 2, 2022 Listing removed SMARTMLS
Jun 22, 2022 Price changed $1,150,000 MLS #170477329
Mar 30, 2022 Listed $1,200,000 MLS #170477329
Jun 20, 2013 Sold $370,000 Public Record
Jun 19, 2013 Listing removed $399,900 CTMLS
Mar 29, 2013 Listed $399,900 MLS #M9139741

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,000 $355,000 $566,000 $9,186
2023 $125,600 $174,300 $299,900 $7,048
2022 $124,200 $174,300 $298,500 $7,015
2021 $124,200 $174,300 $298,500 $6,955
2020 $115,500 $174,300 $289,800 $6,723
2019 $105,200 $211,400 $316,600 $7,095
2018 $105,200 $211,400 $316,600 $6,937
2017 $105,200 $211,400 $316,600 $6,886
2016 $105,200 $211,400 $316,600 $6,712
2015 $105,200 $211,400 $316,600 $6,528
2013 $104,800 $205,800 $310,600 $5,995
2006 $95,700 $164,800 $260,500 $4,637
2005 $95,700 $164,800 $260,500 $4,324
2004 $49,100 $86,400 $135,500 $3,455
2003 $49,100 $86,400 $135,500 $3,198

Property facts

Year built
1935
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,220 sqft
Lot size
64,469 sqft
ZIP code
06371
City
Old Lyme
Street
Grassy Hill Rd
Coordinates
41.36106, -72.29536

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,330
Gross rental yield
4.10%
Implied cap rate
2.66%
Trend-extrapolated value

Frequently asked questions

When did 88 Grassy Hill Rd last sell?
88 Grassy Hill Rd most recently sold on Nov 29, 2023 for $975,000.
What is the current tax assessment for 88 Grassy Hill Rd?
The most recent total assessment for 88 Grassy Hill Rd (year 2025) is $566,000 with $9,186 in property tax.
How does 88 Grassy Hill Rd's assessment compare to its last sale price?
The current assessment is 41.9% below the last sale price of $975,000.
When was 88 Grassy Hill Rd built?
88 Grassy Hill Rd was built in 1935.
How does 88 Grassy Hill Rd compare to others on Grassy Hill Rd?
We track 8 other properties on Grassy Hill Rd. Browse the list under "Other properties on Grassy Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 88 Grassy Hill Rd?
88 Grassy Hill Rd is a 3 bed, 3 bath, 2,220 sqft, 64,469 sqft lot single_family.
Is 88 Grassy Hill Rd a flip candidate?
No — 88 Grassy Hill Rd does not appear in our flips dataset.
Is 88 Grassy Hill Rd a tax-appeal candidate?
No — 88 Grassy Hill 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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