NOT LISTED FOR SALE

108 Sill Ln Old Lyme, CT 06371

Estimated Value: $1,025,000 - $1,281,610

4 Beds
2.5 Baths
5,283 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $1,005,000 $190 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,379/month

12 Days on Market

Highlights

  • Waterfront
  • 2.17 Acre Lot
  • Attic
  • Mile Creek School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of November 2024

Discover a piece of Old Lyme's storied past at 108 Sill Lane, a property that has been the muse for artists and the subject of paintings. This remarkable residence is a beautifully converted mill, crafted from large granite stones that exude timeless strength and character. Set upon a dam, the home is graced by the tranquil sounds and sights of a cascading waterfall, creating a serene backdrop to daily life. The mill's transformation respects its historical roots with details incorporated from antique homes. The solid granite walls provide a sense of permanence and connection to the land, while numerous windows frame the ever-changing views of the natural surroundings including Upper Mill Pond. This home is not just a residence; it's a living piece of art and history. Nestled in the heart of Old Lyme, this unique property allows one a chance to own a landmark that has been an integral part of the community's fabric. This is an opportunity for one who appreciates the blend of history, nature, and architecture. At 108 Sill Lane, the legacy of Old Lyme's heritage awaits its next chapter with you.

Last Agent to Sell the Property

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689 Listed on: 10/12/2024

William Pitt Sotheby's Int'l

Co-Listed By

Liz Squillacote

William Pitt Sotheby's Int'l License #RES.0812916

Last Buyer's Agent

Matt Diamond

Houlihan Lawrence WD License #RES.0766880

Houlihan Lawrence WD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,941

Year Built

  • Built in 1840

Lot Details

  • 2.17 Acre Lot
  • Waterfront
  • Stone Wall
  • Property is zoned R20

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Stone Frame
  • Asphalt Shingled Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 5,283 Sq Ft Home
  • 2 Fireplaces
  • Entrance Foyer
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Floor Furnace
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Patio
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 1553542

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,941

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Neighborhood: Sill Lane
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5283
  • Total Sq Ft: 5283
  • Year Built: 1840
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Lake, Library, Playground/Tot Lot, Tennis Courts
  • In Law Access: Lower Level
  • Direct Waterfront: Yes
  • Encumbrances Restrictions: Easements
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS Friendly
  • Financing Used: Cash
  • In Law Apartment: Possible
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Unfinished, Storage Space, Floored, Walk-up
  • Basement Description: Full, Partially Finished, Walk-out, Liveable Space
  • Interior Amenities: Cable - Available
  • Appliances: Electric Cooktop, Wall Oven, Microwave
  • Additional Rooms: Foyer
  • Laundry Room Location: Unfinished basement
  • Laundry Room Info: Lower Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Stone Wall, Patio
  • Exterior Siding: Stone
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond Brook View Access
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Electric, Domestic, 40 Gallon Tank
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 2.17
  • Lot Description: Lightly Wooded Water View
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R20
  • Parcel #: 1553542

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10941

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Nov 14, 2024
Sold by
Richard Dennis Oconnor Re and Oconnor
Bought by
Migliacci Hector B and Oulahan Carmen
Seller's Agent
Allyson Cotton
William Pitt Sotheby's Int'l
Buyer's Agent
Matt Diamond
Houlihan Lawrence WD
List Price
$995,000
Sold Price
$1,005,000
Premium/Discount to List
$10,000
1.01%
Views
51
Current Estimated Value
$1,172,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,403
Avg. Annual Appreciation
16.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Migliacci Hector B $1,005,000 None Available
Migliacci Hector B $1,005,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $1,005,000 +1.0% $190 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $995,000 -- $188 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,477 $892,000 $314,000 $578,000
2024 $10,941 $448,400 $148,600 $299,800
2023 $10,537 $448,400 $148,600 $299,800
2022 $10,537 $448,400 $148,600 $299,800
2021 $10,448 $448,400 $148,600 $299,800
2020 $10,403 $448,400 $148,600 $299,800
2019 $12,471 $556,500 $175,700 $380,800
2018 $12,193 $556,500 $175,700 $380,800
2017 $12,104 $556,500 $175,700 $380,800
2016 $11,798 $556,500 $175,700 $380,800
2015 $11,475 $556,500 $175,700 $380,800
2014 $11,741 $597,200 $189,200 $408,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24053327

SmartMLS

APN: OLYM-000060-000000-000011