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3 Homestead Cir

Old Lyme, CT 06371

3 bd 2 ba 2,267 sqft Built 1945 Lot 13,939 sqft single_family
Most recent sale
$463,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $463,000 Public Record
Sep 30, 2022 Sold $463,000 SMARTMLS
Jun 28, 2022 Listed $460,000 MLS #170503798

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $243,800 $60,600 $304,400 $4,940
2023 $144,200 $62,500 $206,700 $4,857
2022 $144,200 $62,500 $206,700 $4,857
2021 $144,200 $62,500 $206,700 $4,816
2020 $144,200 $62,500 $206,700 $4,795
2019 $133,100 $55,600 $188,700 $4,229
2018 $133,100 $55,600 $188,700 $4,134
2017 $133,100 $55,600 $188,700 $4,104
2016 $133,100 $55,600 $188,700 $4,000
2015 $133,100 $55,600 $188,700 $3,891
2013 $146,100 $69,400 $215,500 $4,159
2006 $103,200 $76,400 $179,600 $3,197
2005 $103,200 $76,400 $179,600 $2,981
2004 $79,300 $31,400 $110,700 $2,823
2003 $79,300 $31,400 $110,700 $2,613

Property facts

Year built
1945
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,267 sqft
Lot size
13,939 sqft
ZIP code
06371
City
Old Lyme
Street
Homestead Cir
Coordinates
41.29174, -72.31270

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
$3,401
Gross rental yield
8.81%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 3 Homestead Cir last sell?
3 Homestead Cir most recently sold on Oct 3, 2022 for $463,000.
What is the current tax assessment for 3 Homestead Cir?
The most recent total assessment for 3 Homestead Cir (year 2025) is $304,400 with $4,940 in property tax.
How does 3 Homestead Cir's assessment compare to its last sale price?
The current assessment is 34.3% below the last sale price of $463,000.
When was 3 Homestead Cir built?
3 Homestead Cir was built in 1945.
How does 3 Homestead Cir compare to others on Homestead Cir?
We track 8 other properties on Homestead Cir. Browse the list under "Other properties on Homestead Cir" to compare beds, baths, and sale history.
What are the property facts for 3 Homestead Cir?
3 Homestead Cir is a 3 bed, 2 bath, 2,267 sqft, 13,939 sqft lot single_family.
Is 3 Homestead Cir a flip candidate?
No — 3 Homestead Cir does not appear in our flips dataset.
Is 3 Homestead Cir a tax-appeal candidate?
No — 3 Homestead Cir 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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