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8 Homestead Cir

Old Lyme, CT 06371

2 bd 1 ba 1,081 sqft Built 1940 Lot 20,909 sqft single_family
Most recent sale
$190,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $190,000 Public Record
Jul 20, 2022 Sold $190,000 SMARTMLS
May 26, 2022 Listed $199,900 MLS #170494115
Aug 11, 1988 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $186,400 $67,500 $253,900 $4,121
2023 $64,600 $69,700 $134,300 $3,156
2022 $64,600 $69,700 $134,300 $3,156
2021 $64,600 $69,700 $134,300 $3,129
2020 $64,600 $69,700 $134,300 $3,116
2019 $61,300 $61,900 $123,200 $2,761
2018 $61,300 $61,900 $123,200 $2,699
2017 $61,300 $61,900 $123,200 $2,680
2016 $61,300 $61,900 $123,200 $2,612
2015 $61,300 $61,900 $123,200 $2,540
2013 $68,600 $77,400 $146,000 $2,818
2006 $60,500 $85,100 $145,600 $2,592
2005 $60,500 $85,100 $145,600 $2,417
2004 $43,500 $35,100 $78,600 $2,004
2003 $43,500 $35,100 $78,600 $1,855

Property facts

Year built
1940
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,081 sqft
Lot size
20,909 sqft
ZIP code
06371
City
Old Lyme
Street
Homestead Cir
Coordinates
41.29257, -72.31257

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,622
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 8 Homestead Cir last sell?
8 Homestead Cir most recently sold on Jul 25, 2022 for $190,000.
What is the current tax assessment for 8 Homestead Cir?
The most recent total assessment for 8 Homestead Cir (year 2025) is $253,900 with $4,121 in property tax.
How does 8 Homestead Cir's assessment compare to its last sale price?
The current assessment is 33.6% above the last sale price of $190,000.
When was 8 Homestead Cir built?
8 Homestead Cir was built in 1940.
How does 8 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 8 Homestead Cir?
8 Homestead Cir is a 2 bed, 1 bath, 1,081 sqft, 20,909 sqft lot single_family.
Is 8 Homestead Cir a flip candidate?
No — 8 Homestead Cir does not appear in our flips dataset.
Is 8 Homestead Cir a tax-appeal candidate?
Yes — 8 Homestead Cir appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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